tomo logo

$1,100,000

Beds
3
Baths
2.5
sq ft
1,460

116 7 Day Weekend Street, Port Aransas, TX 78373

116 7 Day Weekend Street

Port Aransas, TX 78373

  • 29 days on market
Welcome to "Sunkissed & Salty" a luxury coastal cottage in the popular Cinnamon Shore Resort! This furnished detached home boast 3 large bedrooms, 2 1/2 baths, & accommodates 10 guest. The resort features multiple amenities including pools, pickleball & basketball courts. This UWC custom built cottage features an open concept 1st floor w/ a gourmet kitchen opening to dining & living space. A favorite gathering space is the picturesque 1st floor covered patio. Enjoy access to an upstairs balcony from the main hall & secondary bedrooms. A large bunk room w/ queen bottom beds & a secondary queen bedroom share a spacious bath w/ dual vanities. The primary suite boast a king bed, closet, private balcony w/ bay views, & a bathroom w/ dual vanities. Value-added features include foam insulation, full car garage w/ EV charger, owners closet, & a GENERAC transfer switch ready to hook up a generator. Earned Rental Income '23 ~$52K & '24 ~$53K, Owner is a Texas Real Estate Agent

Details

Property type

Single Family Residence

Est. home value

$897,080

Lot size

3,598 sq ft

Price per sq ft

$754

Year built

2022

Monthly HOA fee

$500

Price History

11/23/2024
SouthTexasMLS

SouthTexasMLS #451156

Listed
$1,100,000
10/17/2024
SouthTexasMLS

SouthTexasMLS #441433

Removed
05/10/2024
SouthTexasMLS

SouthTexasMLS #441433

Listed
$1,195,000

Schools & Community

Elementary school: 

Olsen

Middle school: 

Brundrett

High school: 

Port Aransas

Community features: 

Lake

High school district: 

Port Aransas 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

$506,617
Asking price
$1,100,000
Closing costs (~8% of asking)
-$88,000
Est. remaining loan balance
-$505,383
Cash to seller
$506,617

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

Seller’s Loan History

Lender

Paramount Residential Mortgage Group Inc

Loan start date

March 2023

Original loan amount

$516,429

Est. remaining balance

$505,383

Interest rate

6.15%

Loan type

New Conventional, 30 year

Seller

Edwin Zamora and Reina Zamora

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: 12/22/2024 at 11:30 PM

Listing updated: 11/23/2024 at 1:40 PM

Listed by: Edwin Zamora, Compass RE Texas, LLC. Phone #: (214) 814-8100

MLS: SouthTexasMLS #451156

SouthTexasMLS logo

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