tomo logo

$179,500

Beds
3
Baths
3.0
sq ft
1,514

540 E Avenue J Unit A, Grand Prairie, TX 75050

540 E Avenue J Unit A

Grand Prairie, TX 75050

  • 153 days on market
    • Price drop $500↓
SELLER OFFERING $10,000 for seller concessions. Come see this large condo in The Castillian Condominium complex. Very convenient location just off Highway 360 in Grand Prairie. A private courtyard welcomes you to this unit, and there is also a private large back patio. Convenient wet bar as you enter the home's wide foyer. Flex room or 3rd bedroom on the main floor just off the half bath and in-unit laundry area. All appliances included with the purchase! Expansive living-dining area with plenty of room for family and guestsng. Living area is open to the 2nd floor with floor to ceiling windows showcasing an open and airy feeling in the unit. Window blinds included. The second floor offers two bedrooms with ensuite bathrooms upstairs, making this unit ideal for renting. HOA fee covers water, trash, sewer, foundations, pool, main area maintenance, and complex insurance. There are extra laundry facilities and community pool for all residents and guests. Unit includes one assigned parking spot. Ring doorbells, stackable washer-dryer, and refrigerator CONVEY with this home.

Details

Property type

Condominium

Est. home value

$203,210

Lot size

1,829.52 sq ft

Price per sq ft

$119

Year built

1968

Annual property taxes

$4,331

Monthly HOA fee

$602

Price History

12/29/2024
NTREIS

NTREIS #20708699

Price change
$179,500
-0.28%
10/18/2024
NTREIS

NTREIS #20708699

Price change
$180,000
-6.74%
09/28/2024
NTREIS

NTREIS #20708699

Price change
$193,000
-2.53%

Schools & Community

Elementary school: 

Ellis

Middle school: 

Unknown

High school: 

Lamar

School district: 

Arlington 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

$57,976
Asking price
$179,500
Closing costs (~8% of asking)
-$14,360
Est. remaining loan balance
-$107,164
Cash to seller
$57,976

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

February 2020

Original loan amount

$118,750

Est. remaining balance

$107,164

Interest rate

3.74%

Loan type

New Conventional, 30 year

Seller

Ahmed Sohail and Iqra Sikandar

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: 01/22/2025 at 12:15 PM

Listing updated: 12/29/2024 at 4:47 PM

Listed by: Kathy Serie, Ace Realty Partners Phone #: (817) 440-7032

MLS: NTREIS #20708699

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