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$719,999

Beds
2
Baths
3.0
sq ft
1,359

5301 Belmont Ave, Dallas, TX 75206

5301 Belmont Ave

Dallas, TX 75206

  • 10 days on market
Charming 1925 Craftsman cottage in a high-demand location, blending original character with modern updates. Ideal for roommates or multi-generational living, with two distinct living areas and two bedrooms, each with its own private bath. The kitchen features stainless appliances and granite countertops, while the original hardwoods in the living, dining, and main bedroom add to the home’s vintage appeal. The back living area includes a convenient half bath and laundry room. A detached mother-in-law suite and garage (not included in the square footage) offer extra flexibility orincome potential. Contact the agent for more details about this unique property.

Details

Property type

Single Family Residence

Est. home value

$613,259

Lot size

7,492.32 sq ft

Price per sq ft

$530

Year built

1925

Price History

10/29/2024
NTREIS

NTREIS #20765863

Listed
$719,999

Schools & Community

Neighborhood: 

M Streets

Elementary school: 

Geneva Heights

Middle school: 

Long

High school: 

Woodrow Wilson

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

$438,207
Asking price
$719,999
Closing costs (~8% of asking)
-$57,600
Est. remaining loan balance
-$224,192
Cash to seller
$438,207

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

Seller’s Loan History

Lender

First National Bank

Loan start date

June 2020

Original loan amount

$246,775

Est. remaining balance

$224,192

Interest rate

3.26%

Loan type

New Conventional, 30 year

Seller

Joseph Batir and Alexandra Gatewood

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: 11/08/2024 at 1:15 PM

Listing updated: 11/03/2024 at 11:57 AM

Listed by: Ernie Gatewood, David Claborn, Broker Phone #: (214) 543-5171

MLS: NTREIS #20765863

NTREIS logo

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