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$385,000

Beds
5
Baths
3.5
sq ft
4,364

302 Cole St, Corpus Christi, TX 78404

302 Cole St

Corpus Christi, TX 78404

  • 150 days on market
    • Price drop $45,000↓
Beautiful and unique home in Del Mar Subdivision on the corner of Cole St. and Santa Fe. The home has an updated kitchen with stainless steel appliances and a roomy dining area. There is an additional living area right off the kitchen. One full bathroom and two bedrooms downstairs. Spiral staircase just off the living and office areas lead to the primary suite with a balcony overlooking the courtyard. Two additional bedrooms upstairs, one has a half bath and there is a full bath off the living area which is accessible from the second staircase. The second half of the home has its own entrance facing Santa Fe. This part of the home was being updated. It has a completed office, unfinished areas are two rooms, bathroom, and has hookups for a washer and dryer. A kitchen area can easily be added. Space could be used as guest quarters, or an income-producing rental once completed. Buyer(s) must assume the solar panel contract/loan which is not included in the sales price of the home.

Details

Property type

Single Family Residence

Est. home value

$481,223

Lot size

0.24 acres

Price per sq ft

$89

Year built

1948

HOA

No

Price History

07/31/2024
SouthTexasMLS

SouthTexasMLS #443262

Price change
$385,000
-10.47%
06/22/2024
SouthTexasMLS

SouthTexasMLS #443262

Listed
$430,000

Schools & Community

Neighborhood: 

Bay Area

Elementary school: 

Menger

Middle school: 

Baker

High school: 

Ray

High school district: 

Corpus Christi 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

$53,741
Asking price
$385,000
Closing costs (~8% of asking)
-$30,800
Est. remaining loan balance
-$300,459
Cash to seller
$53,741

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

July 2021

Original loan amount

$324,000

Est. remaining balance

$300,459

Interest rate

2.95%

Loan type

New Conventional, 30 year

Seller

Christopher Hill and Tina Hill

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: 11/19/2024 at 9:10 AM

Listing updated: 11/01/2024 at 8:30 AM

Listed by: Katherine Mueller, Group One Real Estate Phone #: (361) 991-9111

MLS: SouthTexasMLS #443262

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