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$930,902Estimated home value

Beds
3
Baths
3.0
sq ft
2,603

5409 Melrose Ave, Dallas, TX 75206

5409 Melrose Ave

Dallas, TX 75206

  • Sold On 7/6/2022
Architecturally significant and meticulously designed modern home in the heart of the vibrant Knox Henderson-Lower Greenville corridor. Finish out includes museum finish walls, Imported Porcelanosa tile, Valcucine cabinets, commercial grade doors & windows, Miele appliances, Moen fixtures, cesarstone quartz counters, floor to ceiling windows, floating staircase and an attention getting full glass center courtyard. This property far exceeds its competition and lives large for the square footage. Designed perfectly for everyday urban living. 3 large bedrooms with an additional office. Exterior courtyard and backyard with turf installed in 2021, built in grill and serene fountain. Impeccable curb appeal surrounded with architecturally unique modern homes walkable to the best of Lowest Greenville and Knox Henderson. 3D Virtual Tour Available!

Details

Property type

Single Family Residence

Est. home value

$930,902

Lot size

3,484.8 sq ft

Price per sq ft

$346

Year built

2014

Price History

03/24/2025
NTREIS

NTREIS #20823456

Removed
01/23/2025
NTREIS

NTREIS #20823456

Listed
$975,000
07/01/2022
NTREIS

NTREIS #20059381

Removed

Schools & Community

Neighborhood: 

M Streets

Elementary school: 

Geneva Heights

Middle school: 

Long

High school: 

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

$147,595
Asking price
$899,000
Closing costs (~8% of asking)
-$71,920
Est. remaining loan balance
-$679,485
Cash to seller
$147,595

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

Seller’s Loan History

Lender

Luxury Mortgage Corp

Loan start date

July 2022

Original loan amount

$708,000

Est. remaining balance

$679,485

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

13Jerseys 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: Off Market

Tomo last checked: 04/02/2025 at 11:35 PM

Listing updated: 12/13/2023 at 1:08 PM

Listed by: Kyle Baugh, Compass RE Texas, LLC Phone #: (214) 814-8100

MLS: NTREIS #20059381

NTREIS logo

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