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$425,000

Beds
4
Baths
2.0
sq ft
2,067

429 Paloma St, Corpus Christi, TX 78412

429 Paloma St

Corpus Christi, TX 78412

  • 18 days on market
Beautiful Bay Side property with in-law suite and income potential in a highly coveted neighborhood! This stunning home boasts updates that make it move-in ready and ideal for modern living. Freshly painted throughout, this home features refreshed bathrooms with new fixtures, well-maintained carpet and flooring, and a newly constructed 80 SqFt storage shed. The property also includes a newly installed fence separating the main house from the guest house, along with professional landscaping for curb appeal. Have you seen the remodeled guest house? It offers excellent income potential as a short-term rental or a perfect in-law suite. The guest house has undergone extensive renovations, including updated electrical, PVC plumbing, a new water heater, an added bathroom with W/D hookup, new windows, and a refreshed screened-in porch! Lastly, this property includes recently serviced A/C and electrical systems brought up to code in 2022, and the guest house roof is 2022!

Details

Property type

Single Family Residence

Est. home value

$350,223

Lot size

0.43 acres

Price per sq ft

$206

Year built

1959

HOA

No

Price History

10/17/2024
SouthTexasMLS

SouthTexasMLS #449586

Listed
$425,000

Schools & Community

Neighborhood: 

Bay Area

Elementary school: 

CullenPlace

Middle school: 

Cullen

High school: 

King

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

$77,979
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$313,021
Cash to seller
$77,979

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

May 2022

Original loan amount

$326,340

Est. remaining balance

$313,021

Interest rate

4.42%

Loan type

VA, 30 year

Seller

Jason Easter and Shannon Easter

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: 11/05/2024 at 12:45 AM

Listing updated: 10/29/2024 at 9:50 AM

Listed by: Devante Boll, KM Premier Real Estate Phone #: (361) 991-5263

MLS: SouthTexasMLS #449586

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