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$399,000

Beds
3
Baths
2.0
sq ft
1,248

1012 S Magnolia St, Rockport, TX 78382

1012 S Magnolia St

Rockport, TX 78382

  • 298 days on market
    • Price drop $20,900↓
NO HOA. Charming BEACH BUMgalow just a walk to the bayfront and popular art district! This home has plenty of outdoor hangout space and a large dog run just off the covered back patio. A covered boat stall just off the side of the home is perfect for your fishing boat. The inside of this home has an open kitchen, living and dining area for easy entertaining! Bright white walls make this bungalow feel open and airy. The unique custom design elements give this home the coastal vibes you just might be looking for! New A/C installed in 2023. Come take a look for yourself!

Details

Property type

Single Family Residence

Est. home value

$420,401

Lot size

5,001 sq ft

Price per sq ft

$320

Year built

2015

HOA

No

Price History

11/11/2024
CentralTexas

CentralTexas #533936

Price change
$399,000
-4.98%
09/25/2024
CentralTexas

CentralTexas #533936

Price change
$419,900
-2.8%
08/21/2024
CentralTexas

CentralTexas #533936

Price change
$432,000
-3.98%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Fishing, Playground, Park

High school district: 

Aransas County ISD

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

$137,762
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$229,318
Cash to seller
$137,762

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

Seller’s Loan History

Lender

Bay Equity Llc

Loan start date

November 2021

Original loan amount

$246,023

Est. remaining balance

$229,318

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Timothy K Summers and Kristina Marie Summers

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: 12/22/2024 at 10:50 AM

Listing updated: 11/11/2024 at 9:59 AM

Listed by: The Franklin Team, RE/MAX Land & Homes on the Bay Phone #: (361) 552-5200

MLS: CentralTexas #533936

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