tomo logo

$500,000

Beds
4
Baths
3.5
sq ft
3,243

1807 Chesapeake Bay Dr, Portland, TX 78374

1807 Chesapeake Bay Dr

Portland, TX 78374

  • 155 days on market
    • Price drop $19,900↓
PRICE IMPROVEMENT! Expansive & immaculate home boasting 3,200 sq. ft. of living space & a generously sized lot! The downstairs primary suite, complete with a cozy sitting area, features a spacious bathroom with a large tub, a luxurious spacious walk-in shower adorned with exquisite tiling & backsplash, & enhanced with a rain showerhead. The open-concept downstairs living area showcases a stunning stone veneer, woodburning fireplace. The kitchen is a chef's delight with stainless steel appliances, an extensive breakfast bar & island, & ample space for dining. Work comfortably from the downstairs office flooded with natural light. Enjoy the convenience of an oversized two-car garage, an extra-long driveway with additional parking, & a wired-in security system. Upstairs, unwind in the 2nd living room or savor the outdoors on the covered balcony. The 3 spacious bedrooms and 2 full bathrooms upstairs provide ample accommodation space. The expansive backyard offers endless possibilities.

Details

Property type

Single Family Residence

Est. home value

$517,007

Lot size

0.33 acres

Price per sq ft

$155

Year built

2019

HOA

No

Price History

09/04/2024
SouthTexasMLS

SouthTexasMLS #441195

Price change
$500,000
-3.83%
06/03/2024
SouthTexasMLS

SouthTexasMLS #441195

Price change
$519,900
-3.7%
05/03/2024
SouthTexasMLS

SouthTexasMLS #441195

Listed
$539,900

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

$77,667
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$382,333
Cash to seller
$77,667

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

Seller’s Loan History

Lender

Primary Residential Mortgage Inc

Loan start date

April 2023

Original loan amount

$389,193

Est. remaining balance

$382,333

Interest rate

6.32%

Loan type

FHA, 30 year

Seller

Bucky J Barton and Kaitlyn R Barton

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: 10/05/2024 at 8:40 PM

Listing updated: 09/15/2024 at 10:53 AM

Listed by: Brenda Garcia, THE KB TEAM & ASSOCIATES Phone #: (361) 339-2100

MLS: SouthTexasMLS #441195

SouthTexasMLS logo

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