tomo logo

$6,295,000

Beds
5
Baths
7.0
sq ft
6,838

3220 Colgate Ave, Dallas, TX 75225

3220 Colgate Ave

University Park, TX 75225

  • 169 days on market
    • Price drop $300,000↓
    • Open house Nov 24
Introducing an exquisite new construction by Pearl Developments with designer finishes & wallpapers in University Park. This transitional marvel spans 6,838 square feet & offers 5 beds, 5.2 baths, a media room, game room, formals, & outdoor living. The thoughtfully designed open floor plan is ideal for both family living & entertaining, with a custom kitchen open to the great room with iron doors to the covered back patio with outdoor kitchen. Upstairs, the primary suite is a true retreat, featuring a convenient coffee bar & a stunning bath with separate closets. Three additional en-suite bedrooms with walk-in closets, a game room, & a utility room complete the 2nd floor. The 3rd floor is thoughtfully designed for leisure & fitness, housing a large media room, a 5th bedroom, & an exercise room. With its meticulous craftsmanship, elegant design, & desirable amenities, this new construction in University Park presents a rare opportunity for sophisticated living in a coveted location.

Details

Property type

Single Family Residence

Est. home value

$4,096,153

Property condition

New Construction

Lot size

0.238 acres

Price per sq ft

$921

Year built

2024

Annual property taxes

$41,100

Price History

09/18/2024
NTREIS

NTREIS #20633836

Price change
$6,295,000
-4.55%
08/19/2024
NTREIS

NTREIS #20633836

Listed
$6,595,000
08/12/2024
NTREIS

NTREIS #20633836

Removed

Schools & Community

Elementary school: 

Michael M Boone

Middle school: 

Highland Park

High school: 

Highland Park

School district: 

Highland Park ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Communitybank Of Texas Na

Loan start date

April 2022

Original loan amount

$3,200,000

Est. remaining balance

Not provided

Interest rate

3.92%

Loan type

Commercial

Seller

Bcp Diversified Llc

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 11:20 AM

Listing updated: 11/19/2024 at 10:37 AM

Listed by: Gianna Cerullo, Compass RE Texas, LLC. Phone #: (214) 814-8100

MLS: NTREIS #20633836

NTREIS logo

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