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$400,000

Beds
3
Baths
2.0
sq ft
1,586

2022 Elmwood Blvd, Dallas, TX 75224

2022 Elmwood Blvd

Dallas, TX 75224

  • 42 days on market
Elegant Austin stone home that sits high above the Blvd. Inside, you will find hardwood floors, 3 bedrooms, 2 bathrooms, an updated kitchen with granite countertops, updated fixtures and kitchen appliances with a sit-at bar which is open to the dining room, a living room, and a separate den. Outside wood deck and a patio in back for outside entertaining. Both bathrooms have granite countertops and updated tile and fixtures. Detached double-door garage tucked away in the back of the house led by a long driveway for multiple vehicle parking. The coveted Elmwood neighborhood is conveniently located in the heart of Oak Cliff, only minutes from the Bishop Arts District, shopping, restaurants, and within walking distance to the DART station at Hampton and Wright St. The property is tenant occupied until end of August.

Details

Property type

Single Family Residence

Est. home value

$394,903

Lot size

7,361.64 sq ft

Price per sq ft

$253

Year built

1953

Annual property taxes

$8,017

Price History

05/23/2024
NTREIS

NTREIS #20626283

Listed
$400,000
02/08/2021
NTREIS

NTREIS #14373215

Removed

Schools & Community

Neighborhood: 

Southwest Dallas

Elementary school: 

Moreno

Middle school: 

Oliver Wendell Holmes

High school: 

Kimball

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

$159,129
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$208,871
Cash to seller
$159,129

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

Seller’s Loan History

Lender

Highlands Residential Mortgage Ltd

Loan start date

February 2021

Original loan amount

$226,500

Est. remaining balance

$208,871

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Vimala Vemireddi

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: 07/05/2024 at 12:30 AM

Listing updated: 05/24/2024 at 8:33 AM

Listed by: Christian Padilla, eXp Realty, LLC Phone #: (888) 519-7431

MLS: NTREIS #20626283

NTREIS logo

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