tomo logo

$539,000

Beds
3
Baths
3.0
sq ft
1,916

638 Promontory Ln, Dallas, TX 75208

638 Promontory Ln

Dallas, TX 75208

  • 41 days on market
Incredible opportunity in North Oak Cliff for a newer home in the gated Reserve at Kessler Heights. Completed just a few years ago, the property checks all the boxes for modern finishes, an open layout, a yard for pets, and a low-maintenance lifestyle. On the lower level are the main entertaining areas with high ceilings and incredible natural light. Upstairs are three generously proportioned bedrooms, including the primary suite overlooking the backyard and walking trail, a large bathroom with double vanities, and a walk-in closet. Out back is a lovely covered patio, grassy yard, and direct access to the community park. Offering the right combination of style, substance, and location, it'll be easy to call this home. Easy access to the eclectic restaurant and retail establishments in TYPO and the Bishop Arts District, area green spaces like the Twelve Hills Nature Center, and Downtown Dallas via the scenic drive down Fort Worth Avenue.

Details

Property type

Single Family Residence

Est. home value

$581,004

Lot size

3,267 sq ft

Price per sq ft

$282

Year built

2019

Annual property taxes

$12,661

Monthly HOA fee

$172.33

Price History

10/11/2024
NTREIS

NTREIS #20729377

Listed
$539,000
05/26/2020
NTREIS

NTREIS #14274758

Removed

Schools & Community

Neighborhood: 

Oak Cliff

Elementary school: 

Rosemont

Middle school: 

Greiner

High school: 

Sunset

Community features: 

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

$132,394
Asking price
$539,000
Closing costs (~8% of asking)
-$43,120
Est. remaining loan balance
-$363,486
Cash to seller
$132,394

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

Seller’s Loan History

Lender

Cornerstone Home Lending Inc

Loan start date

May 2020

Original loan amount

$400,500

Est. remaining balance

$363,486

Interest rate

3.33%

Loan type

New Conventional, 30 year

Seller

Michael Mark Florek and Malary Rachel Florek

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: 11/21/2024 at 9:00 PM

Listing updated: 11/10/2024 at 4:08 PM

Listed by: Bill Farrell, Dave Perry Miller Real Estate Phone #: (214) 303-1133

MLS: NTREIS #20729377

NTREIS logo

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