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$235,000

Beds
2
Baths
1.0
sq ft
656

5325 Avenue L, Galveston, TX 77551

5325 Avenue L

Galveston, TX 77551

  • 70 days on market
    • Price drop $9,900↓
Welcome to this charming two-bedroom, one-bathroom home offering cozy comfort right in the heart of Galveston. The house sits on a 6000 square foot lot, providing plenty of room to build an income producing dwelling with alley access. Upon entering the house, you're greeted by a bright and inviting living area, perfect for relaxing with family. The adjacent kitchen is efficiently designed with 1 year old appliances that convey. The primary bedroom is a peaceful sanctuary with tons of natural light. The second bedroom is equally inviting, ideal for children, guests, or a home office. The fully fenced backyard includes a 10x12 storage unit that also conveys. The fence and the roof were replaced in 2023. This adorable home would make a great first home or a fabulous rental. Call today for a personal tour.

Details

Property type

Single Family Residence

Est. home value

$206,124

Lot size

5,998 sq ft

Price per sq ft

$359

Year built

1960

Annual property taxes

$2,923

Price History

09/18/2024
Houston

Houston #70779764

Price change
$235,000
-4.04%
08/29/2024
Houston

Houston #70779764

Listed
$244,900
08/28/2024
Houston

Houston #48386428

Removed

Schools & Community

Elementary school: 

GISD OPEN ENROLL

Middle school: 

GISD OPEN ENROLL

High school: 

BALL HIGH SCHOOL

School district: 

Galveston

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$38,048
Asking price
$235,000
Closing costs (~8% of asking)
-$18,800
Est. remaining loan balance
-$178,152
Cash to seller
$38,048

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

T2 Financial Llc

Loan start date

March 2023

Original loan amount

$181,649

Est. remaining balance

$178,152

Interest rate

6.15%

Loan type

FHA, 30 year

Seller

Candis Jones

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/08/2024 at 5:50 AM

Listing updated: 10/26/2024 at 3:08 PM

Listed by: Lesley Fontenot, Keller Williams Horizons Phone #: (409) 216-1015

MLS: Houston #70779764

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