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Sold 77550 Galveston

701 28th St

Galveston, TX 77550

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Sold

$285,001 - $325,000

Sold on October 12, 2023

3,000 Sqft.

3,127 Lot Sqft

Multi-Family - Fourplex

135 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 $295K	AVM Value $238K
Value Range $257K - $333K	Value Range $ 237,500
Confidence Score 87% Margin of Error*: 13%	Confidence Score NA

$295K

$238K

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

This 4 plex property is located with easy access off 28th Street. Great convenience to all parts of Galveston for the tenants. Property needs some updating in the form of paint and wood trim. Property is 50% occupied by tenants all on month-to-month leases (units A and C are occupied). Owner does not have lease documents. Buyer would be required to re-sign tenants to new leases, continue month-to-month, or re-tenant the property. All units are 2/1 with ceramic tile throughout. This rental house is part of a portfolio that is available. The other properties in the portfolio in Galveston are as follows: • 2810 Winnie (aka - Ave. G) – 2 units / 1 bldg. (just across the street from this property) • 2721 Avenue K – 3 units – 1 bldg. • 1512 41st St and 4027 Ave. N – 3 units / 2 bldgs. • 4007 and 4009 Ball Street – 2 units / 2 bldgs. • 814 35th Street – 2 units / 1 bldg. • 2813 Ball Street – 1 unit Total of 17 units. They are all listed separately on the MLS.

MLS#

70447920

Sold Price Range

$285,001 - $325,000

Listing Status

Sold

Address

701 28th St

City

Galveston

State

Zip Code

77550

County

Galveston County

Subdivision

Galveston Townsite (View subdivision price trend)

Legal Description

ABST 628 M B MENARD SUR N 36-6 FT OF LOTS 6 & 7 (6-1) BLK 32

Property Type

Multi-Family - Fourplex

Stories

Year Built

1960 / Appraisal District

Building Size

3,000 Sqft/Seller

Lot Size

3,127 Sqft./Appraisal District

Key Map©

774R

Market Area

Harborside

Property website

Property map

Street
view

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directions

Russ Gressett

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Exterior

Roof

Composition

Exterior Type

Wood

Lot Description

Corner

Interior

Floors

Tile

Cooling

Central Electric

Heating

Central Electric

Lot information

Lot Size

3,127 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

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Property tax

Cost/Sqft based on tax value

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

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Subdivision Facts

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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.