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$2,750,000

Beds
4
Baths
4.5
sq ft
3,036

2005 Melridge Pl, Austin, TX 78704

2005 Melridge Pl

Austin, TX 78704

  • 280 days on market
    • Price drop $50,000↓
Pristine modern home ideally located in the Zilker neighborhood with great walkability to the park, Barton Springs, ACL, and nearby shops and restaurants. Designed and built in 2019 by FKF Studio and Parkside Homes, this 4 bedroom, 4.5 bath home features over 3,000 sq ft and offers clean lines and sleek finishes with abundant glass and skylights. The light-filled living room opens to the private backyard with generously sized pool and firepit. The spacious kitchen allows for easy entertaining with a large center island, custom walnut cabinets and double oven. The luxurious primary suite downstairs features a custom closet with built-ins, separate tub and shower and dual vanity. Three additional bedrooms and flex room/game room are located upstairs. Extended upgrades throughout the home include home automation, light fixtures and ceiling fans, full foam insulation and other energy efficient features.

Details

Property type

Single Family Residence

Est. home value

$2,479,717

Lot size

7,710.12 sq ft

Price per sq ft

$906

Year built

2019

Annual property taxes

$20,819

HOA

No

Price History

10/29/2024
Austin

Austin #4311409

Price change
$2,750,000
-1.79%
09/20/2024
Austin

Austin #4311409

Price change
$2,800,000
-1.75%
05/14/2024
Austin

Austin #4311409

Price change
$2,850,000
-4.84%

Schools & Community

Neighborhood: 

Zilker

Elementary school: 

Zilker

Middle school: 

O Henry

High school: 

Austin

Community features: 

None

High school district: 

Austin 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

$1,010,217
Asking price
$2,750,000
Closing costs (~8% of asking)
-$220,000
Est. remaining loan balance
-$1,519,783
Cash to seller
$1,010,217

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

September 2021

Original loan amount

$1,635,000

Est. remaining balance

$1,519,783

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

John Barganski and Emilly Ballenger

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: 11/22/2024 at 12:30 AM

Listing updated: 11/15/2024 at 3:26 PM

Listed by: Kevin Burns, Urbanspace Phone #: (512) 457-8884

MLS: Austin #4311409

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