tomo logo

$350,000

Beds
1
Baths
2.0
sq ft
878

2950 McKinney Ave Unit 405, Dallas, TX 75204

2950 McKinney Ave Unit 405

Dallas, TX 75204

  • 2 days on market
Top floor Mercer Square condo with downtown & trolley views! Move-in ready unit features an open concept floorplan with a spacious living area boasting hardwoods, high ceilings & French doors to a private balcony overlooking McKinney Ave. Plenty of room for a dining area or office space. Light & bright kitchen has granite countertops, pendant lighting & stainless appliances. Large utility closet with ample storage includes washer & dryer. The spacious bdrm suite feautures a luxurious spa-like bath with huge shower, double sink vanity & oversized walk-in closet. This unit includes a large storage unit (S5 on 3rd floor), 2 secured parking spaces (one covered), and a lovely community pool. Complex is professionally managed with an elevator in lobby for easy access. Prime location is within walking distance to Whole Foods, Kyde Warren Park & minutes away from the Katy Trail, Knox-Henderson, Downtown, the Arts District & Deep Ellum. Enjoy affordable & dynamic Uptown living at its best!

Details

Property type

Condominium

Est. home value

$310,432

Lot size

1.505 acres

Price per sq ft

$399

Year built

2006

Annual property taxes

$6,447

Monthly HOA fee

$435

Price History

07/01/2024
NTREIS

NTREIS #20660110

Listed
$350,000
12/31/2021
NTREIS

NTREIS #14714652

Removed

Schools & Community

Neighborhood: 

Oak Lawn

Elementary school: 

Houston

Middle school: 

Spence

High school: 

North Dallas

Community features: 

Pool, Gated

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

$216,417
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$105,583
Cash to seller
$216,417

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

December 2007

Original loan amount

$156,900

Est. remaining balance

$105,583

Interest rate

6.26%

Loan type

Not Provided, 30 year

Seller

John Z Pickens Iv

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: Active

Tomo last checked: 07/03/2024 at 9:55 AM

Listing updated: 07/02/2024 at 10:34 AM

Listed by: Kevin Curran, Redfin Corporation Phone #: (817) 783-4605

MLS: NTREIS #20660110

NTREIS logo

Recently listed in Dallas

$1,449,500|4 bd|3.0 ba|House
$599,000|3 bd|4.0 ba|Townhouse
$579,000|3 bd|3.0 ba|Townhouse
$3,275,000|4 bd|6.0 ba|House
$104,000|2 bd|1.0 ba|House
$200,000|3 bd|2.0 ba|House
$720,000|3 bd|3.0 ba|Townhouse
$380,000|3 bd|2.0 ba|House
$139,900|2 bd|1.0 ba|House
$950,000|4 bd|3.0 ba|House

Explore top cities in Texas