tomo logo

$195,000

Beds
4
Baths
2.0
sq ft
1,813

118 Driftwood Dr, Portland, TX 78374

118 Driftwood Dr

Portland, TX 78374

  • 142 days on market
    • Price drop $4,900↓
**Charming Four-Bedroom Brick Home in an Established Neighborhood** Nestled in a serene and established neighborhood, this delightful four-bedroom, two-bath brick home offers the perfect blend of comfort and convenience. Surrounded by mature trees and a beautiful, well-maintained lawn, this property boasts ample shade and an inviting atmosphere. Step inside to discover a spacious back room featuring a cozy fireplace and a breakfast bar, perfect for casual dining and entertaining. The open patio provides a lovely spot to relax and enjoy the tranquil outdoor setting. Energy efficiency is a highlight of this home, with solar panels installed in 2021 that will convey with the property, ensuring lower utility bills for years to come. Additional features include a storage unit and a privacy fence, adding both practicality and seclusion to this charming residence. Don't miss the opportunity to own this wonderful home in a sought-after neighborhood. Schedule your visit today!

Details

Property type

Single Family Residence

Est. home value

$316,128

Lot size

7,000 sq ft

Price per sq ft

$108

Year built

1963

HOA

No

Price History

11/20/2024
SouthTexasMLS

SouthTexasMLS #445217

Price change
$195,000
-2.45%
10/19/2024
SouthTexasMLS

SouthTexasMLS #445217

Price change
$199,900
-18.41%
08/02/2024
SouthTexasMLS

SouthTexasMLS #445217

Listed
$245,000

Schools & Community

Elementary school: 

Gregory Portland

Middle school: 

Gregory Portland

High school: 

Gregory Portland

High school district: 

Gregory Portland 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

$49,903
Asking price
$195,000
Closing costs (~8% of asking)
-$15,600
Est. remaining loan balance
-$129,497
Cash to seller
$49,903

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

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

May 2017

Original loan amount

$152,000

Est. remaining balance

$129,497

Interest rate

4.23%

Loan type

VA, 30 year

Seller

Jesse Rioz and Carman Rioz

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: 12/23/2024 at 5:10 AM

Listing updated: 11/20/2024 at 10:50 AM

Listed by: Trisha Alvarez, AGM Real Estate Phone #: (361) 222-0116

MLS: SouthTexasMLS #445217

SouthTexasMLS logo

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