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$199,000

Beds
3
Baths
1.0
sq ft
985

538 Southern St, Corpus Christi, TX 78404

538 Southern St

Corpus Christi, TX 78404

  • 22 days on market
Cute coastal cottage ready for new owners!! Home has original hardwood floors throughout! 3 bedrooms makes this home perfect if you are wanting to live just blocks away from Ocean Drive and all that the Downtown District has to offer! Close to city parks and walking paths.

Details

Property type

Single Family Residence

Est. home value

$165,284

Lot size

6,752 sq ft

Price per sq ft

$203

Year built

1945

HOA

No

Price History

10/30/2024
SouthTexasMLS

SouthTexasMLS #450237

Listed
$199,000

Schools & Community

Neighborhood: 

Bay Area

Elementary school: 

Menger

Middle school: 

Hamlin

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

$70,310
Asking price
$199,000
Closing costs (~8% of asking)
-$15,920
Est. remaining loan balance
-$112,770
Cash to seller
$70,310

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

September 2022

Original loan amount

$116,250

Est. remaining balance

$112,770

Interest rate

5.54%

Loan type

New Conventional, 30 year

Seller

Michael Budd and Marsha Gonzalez

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: 11/21/2024 at 9:10 PM

Listing updated: 10/30/2024 at 8:10 PM

Listed by: Stefanie Nucete, Christi Properties Phone #: (361) 765-3312

MLS: SouthTexasMLS #450237

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