tomo logo

$1,101,170Estimated home value

Beds
3
Baths
5.0
sq ft
3,870

11824 Forest Lakes Ln, Dallas, TX 75230

11824 Forest Lakes Ln

Dallas, TX 75230

  • Sold On 8/2/2024
    • Price drop $75,000↓
Situated on a beautiful lot beside a private lake on a secluded cul-de-sac, this tranquil home offers a private location and a refreshingly unique design. Originally built by Sharif and Munir, this house was exquisitely updated in 2021. An amazing primary suite on the first floor, the comfortable interior features 3870 square feet of space with 3 bedrooms, 4 full bathrooms, 1 powder room, 2 living areas, 2 dining areas, a handsome study, wet bar, 10ft by 4ft safe room, and a 2-car attached garage. The back yard oasis with a sparkling pool and spa is devoid of power lines and is 100% private every day of the year. High ceilings, abundant natural light, hardwood and marble floors, marble countertops, custom millwork, and many other features are highlights of this exceptional home. Just blocks from Preston Forest Shopping Center and local walking and bike trails.

Details

Property type

Single Family Residence

Est. home value

$1,101,170

Lot size

8,058.6 sq ft

Price per sq ft

$336

Year built

1985

Annual property taxes

$21,419

Monthly HOA fee

$133.33

Price History

07/26/2024
NTREIS

NTREIS #20549901

Removed
07/12/2024
NTREIS

NTREIS #20549901

Pending
$1,300,000
06/14/2024
NTREIS

NTREIS #20549901

Price change
$1,300,000
-5.45%

Schools & Community

Neighborhood: 

North Dallas

Elementary school: 

Kramer

Middle school: 

Benjamin Franklin

High school: 

Hillcrest

Community features: 

Curbs, Lake, Sidewalks

School district: 

Dallas 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

$730,533
Asking price
$1,300,000
Closing costs (~8% of asking)
-$104,000
Est. remaining loan balance
-$465,467
Cash to seller
$730,533

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

Seller’s Loan History

Lender

Guaranteed Rate Affinity Llc

Loan start date

August 2021

Original loan amount

$500,000

Est. remaining balance

$465,467

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

Crystal D Mccarty and Crystal Mccarty

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?

Status: Off Market

Tomo last checked: 10/04/2024 at 7:10 PM

Listing updated: 08/02/2024 at 5:15 PM

Listed by: Jill Carpenter, Coldwell Banker Realty Phone #: (214) 453-1850

MLS: NTREIS #20549901

NTREIS logo

Recently listed in Dallas

$1,155,000|4 bd|3.0 ba|House
$495,000|4 bd|3.0 ba|House
$1,830,000|4 bd|4.0 ba|House
$295,000|3 bd|2.0 ba|House
$269,000|2 bd|2.0 ba|House
$1,150,000|3 bd|3.0 ba|House
$1,349,000|4 bd|4.0 ba|House
$975,000|4 bd|3.0 ba|House
$1,599,000|2 bd|3.0 ba|Condo

Explore top cities in Texas