tomo logo

$1,574,999

Beds
4
Baths
4.0
sq ft
4,115

5511 Richmond Ave, Dallas, TX 75206

5511 Richmond Ave

Dallas, TX 75206

  • 13 days on market
This stunning 2017 Craftsman-style house perfectly combines timeless charm with all the modern features you love. Step inside to discover spacious, open living areas, complemented by oversized windows that perfectly frame your private backyard oasis. Imagine spending your weekends lounging by the refreshing saltwater pool and spa, and outdoor dinners with friends and family in your beautiful backyard. The turfed lawn means less maintenance and more time enjoying your outdoor space. You'll also appreciate the elegant dining room connected to the family room, perfect for family meals or entertaining guests. There's a stylish office space ideal for remote work. Upstairs, you'll find four spacious bedrooms, a game room, and a dedicated media room. Located just a short walk from Lower Greenville, you'll have access to amazing dining options and shopping. This home combines modern convenience with stylish living, making it the perfect spot for your next chapter.

Details

Property type

Single Family Residence

Est. home value

$1,644,187

Lot size

7,187.4 sq ft

Price per sq ft

$383

Year built

2017

Annual property taxes

$34,420

Price History

06/21/2024
NTREIS

NTREIS #20641196

Listed
$1,574,999
07/14/2020
NTREIS

NTREIS #14338715

Removed

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

$550,185
Asking price
$1,574,999
Closing costs (~8% of asking)
-$126,000
Est. remaining loan balance
-$898,814
Cash to seller
$550,185

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 United Bank & Trust Co

Loan start date

August 2021

Original loan amount

$958,000

Est. remaining balance

$898,814

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Scott Martinez and Erin Shepherd

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: 07/04/2024 at 10:45 PM

Listing updated: 06/30/2024 at 3:14 PM

Listed by: Elizabeth Chalfant, Compass RE Texas, LLC. Phone #: (214) 814-8100

MLS: NTREIS #20641196

NTREIS logo

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