tomo logo

$1,080,000

Beds
4
Baths
3.0
sq ft
2,406

682 Kara Ln, Port Aransas, TX 78373

682 Kara Ln

Port Aransas, TX 78373

  • 213 days on market
    • Price drop $10,000↓
Big price reduction! Beautiful ocean and bay views from the third story observation deck at this upscale 4/3/2/2 beach house, just about a block from the beach. New white granite kitchen counters, wavy backsplash, and bubble glass lights! Master bedroom, small living area, and laundry on first floor, and another master with guest bedroom, bunk room, and main living and kitchen on second floor. Sleeps 14. Turn key, with furniture, appliances, and decor conveying. Jacuzzi tub and shower in first floor master bath, tile shower in the second floor master bath, and tub/shower in the guest bath. Large grassy, fenced back yard with room for a pool. In town Port Aransas, just a short golf cart ride away from shops, restaurants, and beach. Short term rentals are allowed. Currently in rental, called the "Orange Seahorse." No HOA dues for neighborhood. In 2018, new metal roof, stucco and paint on exterior, and new AC's inside and out. Great vacation house to rent out or enjoy!

Details

Property type

Single Family Residence

Est. home value

$1,148,208

Lot size

5,881 sq ft

Price per sq ft

$449

Year built

2007

HOA

No

Price History

10/29/2024
SouthTexasMLS

SouthTexasMLS #439910

Price change
$1,080,000
-0.92%
08/12/2024
SouthTexasMLS

SouthTexasMLS #439910

Price change
$1,090,000
-0.91%
07/15/2024
SouthTexasMLS

SouthTexasMLS #439910

Price change
$1,100,000
-8.33%

Schools & Community

Elementary school: 

Olsen

Middle school: 

Brundrett

High school: 

Port Aransas

High 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

$936,115
Asking price
$1,080,000
Closing costs (~8% of asking)
-$86,400
Est. remaining loan balance
-$57,485
Cash to seller
$936,115

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

Seller’s Loan History

Lender

Prosperity Bank

Loan start date

February 2015

Original loan amount

$140,000

Est. remaining balance

$57,485

Interest rate

3.15%

Loan type

Not Provided, 15 year

Seller

Douglas Neal Barlow and Diana Kay Barlow

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: 11/08/2024 at 12:15 PM

Listing updated: 10/28/2024 at 10:10 PM

Listed by: Barbara Thrasher, Coldwell Banker Island Escapes Phone #: (361) 749-6000

MLS: SouthTexasMLS #439910

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