tomo logo

$624,000

Beds
3
Baths
2.0
sq ft
1,280

620 N Madison Ave, Dallas, TX 75208

620 N Madison Ave

Dallas, TX 75208

  • 46 days on market
    • Price drop $15,000↓
Amazing Bishop Arts District location just one block from Davis St. and Bishop Ave. A short distance to shops, restaurants, and bars, this completely renovated home blends modern convenience with timeless charm. The gated front yard and classic front porch, complete with a ceiling fan, offer a warm welcome. The large wooden deck is ready for friends and the back yard is easily large enough for a pool, or guest house. Inside you’ll find white oak hardwood floors. The stunning kitchen boasts a leathered granite island, wine and bar area, ample cabinetry, pantry storage, and gas range. The primary suite features a modern ensuite with dual sinks and a large shower, providing a serene retreat. Other highlights include a decorative fireplace and all updated electrical and plumbing with recently replaced sewer line to the alley. Foundation repairs come with a transferable warranty. This home is a perfect blend of style and functionality, designed for entertaining and comfortable living.

Details

Property type

Single Family Residence

Est. home value

$377,098

Lot size

7,143.84 sq ft

Price per sq ft

$488

Year built

1945

Annual property taxes

$9,996

Price History

02/03/2025
NTREIS

NTREIS #20810375

Price change
$624,000
-2.35%
01/07/2025
NTREIS

NTREIS #20810375

Listed
$639,000
05/20/2024
NTREIS

NTREIS #20459139

Removed

Schools & Community

Neighborhood: 

Oak Cliff

Elementary school: 

Hogg

Middle school: 

Garcia

High school: 

Adamson

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

$417,122
Asking price
$624,000
Closing costs (~8% of asking)
-$49,920
Est. remaining loan balance
-$156,958
Cash to seller
$417,122

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 National Bank Of Trenton

Loan start date

January 2017

Original loan amount

$187,500

Est. remaining balance

$156,958

Interest rate

4.08%

Loan type

New Conventional, 30 year

Seller

Jesus J Ponce and Anjulie M Ponce

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: 02/22/2025 at 8:25 PM

Listing updated: 02/15/2025 at 2:08 PM

Listed by: Michael Abrams, HomeSmart Stars Phone #: (972) 798-5333

MLS: NTREIS #20810375

NTREIS logo

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