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$993,804Estimated home value

Beds
3
Baths
3.0
sq ft
2,284

6533 Mercedes Ave, Dallas, TX 75214

6533 Mercedes Ave

Dallas, TX 75214

  • Sold On 8/15/2024
Step into this well appointed home infused with character, charm & curb appeal on a gorgeous oversized lot framed by mature oaks in highly sought after Lakewood. Boasting a blend of new amenities w original details from beautifully preserved moldings, original trim, & wainscoting maintained by meticulous owners. Kitchen is a chefs delight, 6-burner Wolf gas cooktop, double oven, a Sub-Zero fridge, stone countertops, farmhouse sink, & a breakfast bar that opens to the living area. Cozy up by fireplace, built-in desk, or wind down with your drink of choice with your own bar featuring a wine fridge. Vaulted ceilings, bamboo floors & versatile Den. Spacious primary suite showcasing imported tile, natural stone counters, two walk-in closets, vessel sinks, Kohler faucets, Restoration Hardware fixtures, claw-foot tub. Additional 600+ SQFT QUARTERS or perfect flex space for studio or home office. Situated just 2 blocks from Lakewood Elem making an easy walk & close proximity to White Rock Lake

Details

Property type

Single Family Residence

Est. home value

$993,804

Lot size

0.236 acres

Price per sq ft

$482

Year built

1978

Annual property taxes

$19,080

Price History

08/15/2024
NTREIS

NTREIS #20653607

Removed
07/12/2024
NTREIS

NTREIS #20653607

Pending
$1,099,000
06/22/2024
NTREIS

NTREIS #20653607

Listed
$1,099,000

Schools & Community

Neighborhood: 

Northeast Dallas

Elementary school: 

Lakewood

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

$503,806
Asking price
$1,099,000
Closing costs (~8% of asking)
-$87,920
Est. remaining loan balance
-$507,274
Cash to seller
$503,806

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

June 2019

Original loan amount

$563,200

Est. remaining balance

$507,274

Interest rate

4.1%

Loan type

New Conventional, 30 year

Seller

Philip N Griffin and Whitney E Jones

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: Off Market

Tomo last checked: 10/04/2024 at 6:55 PM

Listing updated: 08/15/2024 at 9:36 PM

Listed by: Jacob Moss, Compass RE Texas, LLC Phone #: (214) 814-8100

MLS: NTREIS #20653607

NTREIS logo

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