tomo logo

$548,900

Beds
4
Baths
3.0
sq ft
3,390

1400 Porto Bello Ct, Arlington, TX 76012

1400 Porto Bello Ct

Arlington, TX 76012

  • 19 days on market
    • Price drop $11,000↓
***MOTIVATED SELLER NOW OFFERING $10K IN CONCESSIONS TO BUYERS CLOSING COST !!!!!*** Welcome to Porto Bello, an exquisite 4-bedroom, 3-bath home nestled on a rare .7-acre waterfront lot in Arlington, Texas. This sprawling 3,390 sq. ft. residence offers unparalleled luxury and space for a multi-generational lifestyle, blending comfort with elegance. The home's open layout features a J-swing 2-car garage, expansive living areas, and a beautifully designed kitchen ideal for hosting gatherings. Step outside to your extended covered patio and savor stunning waterfront views that provide a perfect backdrop for tranquil evenings. Experience the ultimate blend of luxury, location, and lifestyle at this unique property. Make Porto Bello your next home, and enjoy the best Arlington has to offer!

Details

Property type

Single Family Residence

Est. home value

$575,083

Lot size

0.737 acres

Price per sq ft

$162

Year built

1981

Annual property taxes

$10,978

Monthly HOA fee

$34.58

Price History

09/09/2024
NTREIS

NTREIS #20717125

Price change
$548,900
-1.96%
09/06/2024
NTREIS

NTREIS #20717125

Price change
$559,900
-4.27%
08/30/2024
NTREIS

NTREIS #20717125

Price change
$584,900
-1.68%

Schools & Community

Neighborhood: 

West

Elementary school: 

Pope

Middle school: 

Unknown

High school: 

Lamar

School district: 

Arlington 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

$90,907
Asking price
$548,900
Closing costs (~8% of asking)
-$43,912
Est. remaining loan balance
-$414,081
Cash to seller
$90,907

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

Seller’s Loan History

Lender

Bank Of England

Loan start date

February 2021

Original loan amount

$450,000

Est. remaining balance

$414,081

Interest rate

2.67%

Loan type

VA, 30 year

Seller

Bennie W Baker and Michaela Alexandria Elder

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: 09/18/2024 at 8:15 PM

Listing updated: 09/15/2024 at 4:09 PM

Listed by: Joseph Rodriguez, TDRealty Phone #: (817) 890-7325

MLS: NTREIS #20717125

NTREIS logo

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