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$1,080,991Estimated home value

Beds
3
Baths
4.0
sq ft
2,683

5435 Melrose Ave, Dallas, TX 75206

5435 Melrose Ave

Dallas, TX 75206

  • Sold On 9/9/2024
    • Price drop $70,000↓
Modern SFA unit with large back yard. Smart, elegant and simple design with clean lines and high quality materials throughout. Open concept living with extended sight lines to large back yard. Kitchen features large island with quartz counters and double ovens that leads into large living area with fireplace. Upstairs features master suite with en-suite bathroom with floating cabinets and large closet area. Each secondary bedroom has their own ensuite bath. Second floor also features covered balcony that overlooks the front of the property. Beautiful extra large rooftop deck that is great for entertaining. and amazing views. Garage has epoxy flooring. Backyard is great for pets, but large enough for small pool. Great location, close to Knox-Henderson, Greenville Ave and downtown Dallas. Great street, with other new builds and walk-able to great dining, entertaining & shopping. Energy efficient home with foam insulation.

Details

Property type

Single Family Residence

Est. home value

$1,080,991

Lot size

4,356 sq ft

Price per sq ft

$347

Year built

2018

Annual property taxes

$23,525

Price History

09/09/2024
NTREIS

NTREIS #20665636

Removed
08/15/2024
NTREIS

NTREIS #20665636

Pending
$930,000
08/07/2024
NTREIS

NTREIS #20665636

Price change
$930,000
-7%

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

$391,964
Asking price
$930,000
Closing costs (~8% of asking)
-$74,400
Est. remaining loan balance
-$463,636
Cash to seller
$391,964

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

March 2020

Original loan amount

$510,400

Est. remaining balance

$463,636

Interest rate

3.65%

Loan type

New Conventional, 30 year

Seller

Jared Eng and Zhikai Feng

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: 10/05/2024 at 8:35 PM

Listing updated: 09/09/2024 at 6:55 PM

Listed by: Donald Green, Coldwell Banker Realty Phone #: (214) 453-1850

MLS: NTREIS #20665636

NTREIS logo

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