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$250,000

Beds
3
Baths
2.0
sq ft
1,578

1902 Fernwood Ave, Dallas, TX 75216

1902 Fernwood Ave

Dallas, TX 75216

  • 11 days on market
Welcome Home to 1902 Fernwood Ave, Dallas, TX 75216! This 3-bedroom, 2-bathroom home offers the perfect blend of space, character, and convenience. With two living areas, there’s plenty of room for entertaining, relaxing, or even setting up a home office. The high ceilings create an airy, open feel, while the French doors lead to a covered back patio, perfect for enjoying morning coffee or weekend BBQs. A covered front porch adds even more charm and a cozy spot to take in the neighborhood directly across from a greenbelt. Sitting on a 6,011 sq. ft. lot, this home is ideally located near Cedar Crest Golf Course, the Dallas Zoo, DART Illinois Station (home to one of the first EV charging stations), Trinity Forest Trail, and the highly anticipated Southern Gateway Project, set to open in early 2026. Commuters will love the easy access to major highways, making travel throughout Dallas a breeze. Important Notes: Property is being sold as-is. Seller will not entertain lowball offers. Buyer and Buyer’s agent to verify all information, including but not limited to measurements and school details. Refrigerator is included BONUS: The seller is offering up to $8,000 in concessions. *Agent is part owner

Details

Property type

Single Family Residence

Est. home value

$277,368

Lot size

6,011 sq ft

Price per sq ft

$159

Year built

1920

Price History

02/11/2025
NTREIS

NTREIS #20842241

Listed
$250,000

Schools & Community

Neighborhood: 

Cedar Crest

Elementary school: 

Cedar Crest

Middle school: 

Oliver Wendell Holmes

High school: 

Roosevelt

Community features: 

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

$76,202
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$153,798
Cash to seller
$76,202

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

Seller’s Loan History

Lender

Np Inc

Loan start date

January 2021

Original loan amount

$169,250

Est. remaining balance

$153,798

Interest rate

2.71%

Loan type

New Conventional, 30 year

Seller

Christopher Johnson and Lateisha Johnson

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: 02/22/2025 at 8:45 PM

Listing updated: 02/12/2025 at 12:13 AM

Listed by: Tish Johnson, eXp Realty LLC Phone #: (888) 519-7431

MLS: NTREIS #20842241

NTREIS logo

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