tomo logo

$332,000

Beds
3
Baths
2.0
sq ft
1,998

2205 N Farola Dr, Dallas, TX 75228

2205 N Farola Dr

Dallas, TX 75228

  • 62 days on market
Welcome to this spacious property at 2205 Farola Drive in Dallas, TX on an oversized corner lot. This well maintained residence boasts 3 spacious bedrooms and 2 beautifully renovated bathrooms, offering a perfect blend of comfort and style. Renovations completed in 2021, new HVAC put in with a split unit in 2022. New carpets, flooring and paint! The open-concept layout seamlessly flows into the modern kitchen, complete with sleek countertops, stainless steel appliances, and ample storage space. The primary bedroom is a separate space providing lots of privacy and a large walk in closet and separate entrance. Two additional bedrooms offer versatility for guests, a home office, or a personal gym. There is also a large attached garage and a separate laundry room. Step outside to a fenced backyard, great for children, pets, or entertaining! This property would be great as a rental property for investors or a home. Don't miss out, book today! ****Seller offering $1,000 in concessions with an accepted offer by November 25!****

Details

Property type

Single Family Residence

Est. home value

$322,544

Lot size

9,583.2 sq ft

Price per sq ft

$167

Year built

1950

Annual property taxes

$6,538

Price History

09/18/2024
NTREIS

NTREIS #20706846

Listed
$332,000
03/19/2021
NTREIS

NTREIS #14505829

Removed
10/30/2020
NTREIS

NTREIS #14432577

Removed

Schools & Community

Neighborhood: 

Northeast Dallas

Elementary school: 

Casaview

Middle school: 

Robert Hill

High school: 

Adams

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

$109,443
Asking price
$332,000
Closing costs (~8% of asking)
-$26,560
Est. remaining loan balance
-$195,997
Cash to seller
$109,443

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

March 2021

Original loan amount

$213,750

Est. remaining balance

$195,997

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Mazen Iskandar

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: 11/19/2024 at 7:35 AM

Listing updated: 10/28/2024 at 2:12 PM

Listed by: Samantha Karaki, Compass RE Texas, LLC Phone #: (214) 814-8100

MLS: NTREIS #20706846

NTREIS logo

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