tomo logo

$185,000

Beds
8
sq ft
1,960

1055 Santa Monica St, San Antonio, TX 78201

1055 Santa Monica St

San Antonio, TX 78201

  • 80 days on market
    • Price drop $10,000↓
Looking to add to your investment portfolio? This fourplex is fully occupied with longterm tenants on a month to month basis. The property has one water meter and two electric meters. Unit 1 rents for $650, Unit 2 rents for $775, Unit 3 rents for $740, Unit 4 rents for $575. This property is priced to sell AS IS, CASH ONLY, NO HARD MONEY, END BUYERS ONLY.

Details

Property type

Est. home value

$195,724

Lot size

6,273 sq ft

Price per sq ft

$95

Year built

1935

Annual property taxes

$5,891.23

Price History

06/21/2024
SanAntonio

SanAntonio #1768128

Price change
$185,000
-5.13%
04/19/2024
SanAntonio

SanAntonio #1768128

Listed
$195,000

Schools & Community

Neighborhood: 

Northwest Los Angeles Heights

Elementary school: 

Franklin

Middle school: 

Whittier

High school: 

Edison

School district: 

San Antonio I.S.D.

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

$65,892
Asking price
$185,000
Closing costs (~8% of asking)
-$14,800
Est. remaining loan balance
-$104,308
Cash to seller
$65,892

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

February 2018

Original loan amount

$119,250

Est. remaining balance

$104,308

Interest rate

3.95%

Loan type

New Conventional, 30 year

Seller

Jessica Leigh Mayer and Rail Martinez Olivera

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?

Status: Active

Tomo last checked: 07/08/2024 at 2:05 AM

Listing updated: 07/02/2024 at 2:23 AM

Listed by: Iris Ramos, Keller Williams Heritage Phone #: (210) 493-3030

MLS: SanAntonio #1768128

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