tomo logo

$4,895,000

Beds
5
Baths
7.0
sq ft
5,703

3417 Hanover St, Dallas, TX 75225

3417 Hanover St

University Park, TX 75225

  • <1 day on market
    • Open house Mar 01
Welcome to this beautifully updated home, nestled on a spacious 70 x 160 lot in the prestigious Fairway of University Park. From the moment you step inside, you'll be captivated by the elegance and sophistication, beginning with a stunning floating staircase that makes a bold statement. This 5-bedroom, 7-bathroom residence is thoughtfully designed with luxurious finishes throughout. The formal living room features a striking barrel-vaulted ceiling and a cast-stone fireplace, while the modern dining area showcases exquisite designer wallpaper. Perfect for entertaining, the home includes an impressive powder bath and a stylish office with temperature-controlled wine storage. The expansive open-concept family living and dining area, highlighted by a double-sided fireplace and wet bar, creates the ideal setting for both gatherings and quiet relaxation. The chef-inspired kitchen boasts porcelain countertops, a Bertazzoni range, and a Butler’s Pantry, making it perfect for culinary creations. Upstairs, all five en suite bedrooms, along with a game-media room, provide ample space and comfort. The Primary Bedroom is spacious with a sitting area and fireplace, balcony overlooking the pool and backyard, and a gorgeous bathroom with two walk-in closets. French doors lead to the backyard, where you’ll find a sparkling pool, spa, and turfed yard. A convenient pool bath is accessible from both the back patio and the interior hallway, located between the kitchen and the oversized attached garage. Located in a vibrant, walkable community, this home is just minutes from shops and restaurants in Snider Plaza and Preston Center, as well as Turtle Creek Park, Tennis Courts, and the UP Pool. A true gem in University Park!

Details

Property type

Single Family Residence

Est. home value

$4,423,761

Lot size

0.257 acres

Price per sq ft

$859

Year built

1993

Price History

02/28/2025
NTREIS

NTREIS #20854749

Listed
$4,895,000
06/03/2022
NTREIS

NTREIS #20049684

Removed
07/19/2021
NTREIS

NTREIS #14572000

Removed

Schools & Community

Elementary school: 

University

Middle school: 

Highland Park

High school: 

Highland Park

School district: 

Highland Park 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

$1,698,440
Asking price
$4,895,000
Closing costs (~8% of asking)
-$391,600
Est. remaining loan balance
-$2,804,960
Cash to seller
$1,698,440

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

June 2022

Original loan amount

$2,925,000

Est. remaining balance

$2,804,960

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

Rakesh Singh Marwah and Amanda Beverly Marwah

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: 02/28/2025 at 11:40 AM

Listing updated: 02/28/2025 at 7:22 AM

Listed by: Rachel Trowbridge, Allie Beth Allman & Assoc. Phone #: (214) 521-7355

MLS: NTREIS #20854749

NTREIS logo

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