tomo logo

$390,000

Beds
2
Baths
2.0
sq ft
1,040

110 E Verna Jean Dr Unit 110, South Padre Island, TX 78597

110 E Verna Jean Dr Unit 110

South Padre Island, TX 78597

  • 97 days on market
Ground Floor Paradise: Whether you are looking for an island getaway, or an amazing investment opportunity, this stunning condo in South Padre Island offers the ultimate convenience! With direct access to the pool from your door step, this beautiful condo features two bedrooms, two bathrooms, and a spacious layout, perfect for relaxation and entertaining. Enjoy the beach life with just a short walking distance to the sandy shores. Don't miss out on this prime location for your island get away! Schedule your apt today!

Details

Property type

Condominium

Est. home value

$350,903

Lot size

1,582.97 sq ft

Price per sq ft

$375

Year built

1983

Annual property taxes

$5,402

Monthly HOA fee

$400

Price History

06/13/2024
McAllenTX

McAllenTX #440775

Listed
$390,000
05/28/2024
McAllenTX

McAllenTX #414720

Removed
09/28/2023
McAllenTX

McAllenTX #414720

Listed
$390,000

Schools & Community

Elementary school: 

Garriga

Middle school: 

Port Isabel Junior High

High school: 

Port Isabel H.S.

Community features: 

Curbs, Pool, Sidewalks, Street Lights

High school district: 

Port Isabel 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

$100,580
Asking price
$390,000
Closing costs (~8% of asking)
-$31,200
Est. remaining loan balance
-$258,220
Cash to seller
$100,580

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

June 2023

Original loan amount

$261,750

Est. remaining balance

$258,220

Interest rate

6.35%

Loan type

New Conventional, 30 year

Seller

Elias Garcia Jr and Silvia Garcia

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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106 E Campeche St Unit A2, South Padre Island, TX 78597

Status: Active

Tomo last checked: 09/19/2024 at 11:10 AM

Listing updated: 06/20/2024 at 6:05 PM

Listed by: Misael Blanco, Exp Realty Llc Phone #: (888) 519-7431

MLS: McAllenTX #440775

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