tomo logo

$300,000

Beds
2
Baths
2.0
sq ft
1,287

5565 Preston Oaks Rd Unit 242, Dallas, TX 75254

5565 Preston Oaks Rd Unit 242

Dallas, TX 75254

  • 19 days on market
Come see this charming 2-story condo nestled in the North Dallas Addison area. This second-floor unit features 2 bedrooms with 2 full bathrooms. Bedrooms have spacious walk-in closets. Kitchen comes equipped with stainless steel appliances, including a refrigerator. Laundry room comes with the convenience of full-size washer and dryer. The enclosed sunroom overlooks the creek and greenbelt and has its own entrance which is accessible via the staircase and cozy outdoor space. Second floor loft area is perfect for a study or work area. Unit comes with a 1-car garage and additional assigned parking space. Gated community with a pool and tennis court. Easy access to major highways. Within a short distance from dining and shopping. HOA includes water, sewer, and trash.

Details

Property type

Condominium

Est. home value

$300,117

Lot size

7.606 acres

Price per sq ft

$234

Year built

1983

Annual property taxes

$6,793

Monthly HOA fee

$456

Price History

08/24/2024
NTREIS

NTREIS #20712044

Listed
$300,000
12/18/2018
NTREIS

NTREIS #13953679

Removed

Schools & Community

Neighborhood: 

Far North

Elementary school: 

Anne Frank

Middle school: 

Benjamin Franklin

High school: 

Hillcrest

Community features: 

Gated, Pool

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

$127,888
Asking price
$300,000
Closing costs (~8% of asking)
-$24,000
Est. remaining loan balance
-$148,112
Cash to seller
$127,888

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

Seller’s Loan History

Lender

Pennymac Loan Services Llc

Loan start date

July 2022

Original loan amount

$166,000

Est. remaining balance

$148,112

Interest rate

4.31%

Loan type

New Conventional, 15 year

Seller

Catherine Higginbotham

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?

Status: Active

Tomo last checked: 09/13/2024 at 2:10 AM

Listing updated: 08/26/2024 at 12:59 PM

Listed by: Tim Savivanh, Citiwide Properties Corp. Phone #: (972) 805-4399

MLS: NTREIS #20712044

NTREIS logo

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