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$1,600,000

Beds
5
Baths
4.0
sq ft
2,672

616 W Avenue a, Port Aransas, TX 78373

616 W Avenue a

Port Aransas, TX 78373

  • 709 days on market
CHARACTER, CHARM, AND RECENTLY RENOVATED! Located on four lots just minutes from the beach! Three furnished apartments or a residence with one or two apartments. New roof, new windows, new wiring, new air-conditioning, new on-demand water heaters, freshly painted inside & out, everything up to code! Residence has all the nooks & crannies of your grandmother’s house but with everything upgraded - updated flooring, upgraded kitchen with granite counter-tops & stainless steel appliances, a master suite & guest bedroom & bath. The second floor can be a one bedroom apartment or two bedrooms & bath with inside & outside access. A one bedroom coastal cottage built in 2018 is also on the property. This home was featured on the Port Aransas 2015 Home Tour. Long & short rentals okay. No flood damage from Harvey. Don’t miss this unique property. Schedule a showing today!.

Details

Property type

Single Family Residence

Est. home value

$965,786

Lot size

0.27 acres

Price per sq ft

$599

Year built

1975

Price History

12/28/2023
SouthTexasMLS

SouthTexasMLS #408540

Listed
$1,600,000

Schools & Community

Elementary school: 

Olsen

Middle school: 

Brundrett

High school: 

Port Aransas

School district: 

Port Aransas 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

$1,158,117
Asking price
$1,600,000
Closing costs (~8% of asking)
-$128,000
Est. remaining loan balance
-$313,883
Cash to seller
$1,158,117

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

Seller’s Loan History

Lender

Security Service Fcu

Loan start date

February 2021

Original loan amount

$400,000

Est. remaining balance

$313,883

Interest rate

2.17%

Loan type

New Conventional, 15 year

Seller

Kimberly L Erwin

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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403 E Cotter Ave, Port Aransas, TX 78373

Status: Active

Tomo last checked: 10/18/2024 at 11:25 AM

Listing updated: 12/28/2023 at 11:33 AM

Listed by: Kim Erwin, KW Coastal Bend - Island Phone #: (361) 949-8282

MLS: SouthTexasMLS #408540

SouthTexasMLS logo

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