tomo logo

$211,900

Beds
1
Baths
1.0
sq ft
738

5616 Preston Oaks Rd Unit 1212, Dallas, TX 75254

5616 Preston Oaks Rd Unit 1212

Dallas, TX 75254

  • 71 days on market
    • Price drop $3,000↓
$8000 SELLER CONCESSION!!! This can go towards your closing costs or interest rate buy downs!!!! Welcome to this charming 1-bedroom, 1-bathroom, 1-Car Garage condominium in Dallas, just minutes from the vibrant nightlife and diverse dining options of Addison. This well-maintained home features a spacious and inviting living area, a modern kitchen, and a comfortable bedroom. Enjoy the convenience of a detached single-car garage and the community's excellent amenities, including two refreshing pools. The property is ideally located near major highways, making commuting and exploring the area easy and convenient. All information is deemed reliable. Buyer and Buyers agent to verify square footage, HOA, schools, etc. This condo qualifies for a 1.75% lender credit, good for any buyer (primary, second home, investment purchase). Lender - Maverick Johnston for additional information, flyer in transaction desk.

Details

Property type

Condominium

Est. home value

$188,959

Lot size

6.932 acres

Price per sq ft

$288

Year built

1982

Annual property taxes

$3,387

Monthly HOA fee

$267

Price History

11/11/2024
NTREIS

NTREIS #20729127

Price change
$211,900
-1.4%
09/13/2024
NTREIS

NTREIS #20729127

Listed
$214,900
01/03/2021
NTREIS

NTREIS #14430872

Removed

Schools & Community

Neighborhood: 

Far North

Elementary school: 

Anne Frank

Middle school: 

Benjamin Franklin

High school: 

Hillcrest

Community features: 

Pool, Curbs, Gated

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

$65,592
Asking price
$211,900
Closing costs (~8% of asking)
-$16,952
Est. remaining loan balance
-$129,356
Cash to seller
$65,592

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

December 2020

Original loan amount

$141,894

Est. remaining balance

$129,356

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

Anna C Gonzalez

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: 11/24/2024 at 2:25 PM

Listing updated: 11/11/2024 at 11:12 AM

Listed by: Catherine Flores, Stellar Realty & Associates Phone #: (972) 207-1313

MLS: NTREIS #20729127

NTREIS logo

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