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Sold 77550 Galveston

1112 Avenue M 1/2

Galveston, TX 77550

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Sold

$627,001 - $717,000

Sold on May 10, 2024

2,857 Sqft.

7,716 Lot Sqft

Multi-Family - Fourplex

52 Day(s) on Market

Home value comparables

Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.

Current Valuations

Home Value Comparables

AVM Value $724K	AVM Value $650K	AVM Value $1.31M
Value Range $507K - $941K	Value Range $611K - $696K	Value Range $ 1,310,690
Confidence Score 28% Margin of Error*: 30%	Confidence Score NA	Confidence Score NA

$724K

$650K

$1.31M

Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

Zestimate Home Values are provided by Zillow, Inc. Use is subject to Zillow Terms of Use and are provided as-is, as-available.

Description

LOCATION! LOCATION! LOCATION! Just steps away from the beach, this one-of-a-kind property is waiting for its new, unique owner. This very solid, home features brick construction, which is very desirable to have on the Island. The former owner was an accomplished artist and his original, custom artwork and features will make you feel like you have just stepped into an Italian masterpiece. This house is perfect for parties and entertainment - imagine all the family gatherings and reunions waiting for your hosting talents! One block from Seawall, this ranch-style home has 3 bedrooms, 2.5 baths, with a formal living room, family room, plus an oversized den. Passive income can be earned with the 3 rental units located in the back of the property - all units are currently rented. Garage access from alley. The main home has recently been re-piped with Pex A piping. Second home, investment property, short-term vacation rental, mother-in-law quarters - the possibilities are endless!

MLS#

49183579

Sold Price Range

$627,001 - $717,000

Listing Status

Sold

Address

1112 Avenue M 1/2

City

Galveston

State

Zip Code

77550

County

Galveston County

Subdivision

Galveston Outlots (View subdivision price trend)

Legal Description

ABST 628 M B MENARD SUR LOT 10 & E 1/2 OF LOT 11 NE BLK 23 G

Property Type

Multi-Family - Fourplex

Stories

Year Built

1975 / Appraisal District

Building Size

2,857 Sqft/Appraisal District

Lot Size

7,716 Sqft./Appraisal District

Key Map©

775P

Market Area

East End

Property website

Property map

Street
view

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directions

Vincent Tramonte Platinum

Joe Tramonte Realty, Inc.

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Exterior

Roof

Composition

Exterior Type

Brick, Wood

Lot Description

Water View

Water Amenity

Gulf View

Interior

Floors

Carpet, Tile

Cooling

Central Electric, Window Units

Heating

Central Gas, Window Unit

Dishwasher

Yes

Microwave

Yes

Energy Feature

Ceiling Fans

Lot information

Lot Size

7,716 Sqft. /Appraisal District

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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Additional information

List Type

Exclusive Right to Sell/Lease

Unit Feature

Balcony,Window Coverings

Buyer Agent Compensation*

Sub Agent Compensation*

2.5%

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Financial

Other Fees

Maintenance Fee

Taxes w/o Exemp

$14,746/2023

Tax Rate

1.7477

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Estimated electricity cost

Analysis for

1112 Avenue M 1/2

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Due Date

Amount Due

Total Usage

Electric Heat

Property tax

Cost/Sqft based on tax value

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Down Payment Assistance

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Estimated Monthly Payments

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Monthly Homeowner's Insurance Monthly PMI (Private Mortgage Insurance) Monthly HOA fees

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Listing Tax	Numbers
Principal & Interest	2,841
Taxes	1,242

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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.