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$199,000

Beds
2
Baths
1.0
sq ft
1,065

7050 Bates St, Dallas, TX 75227

7050 Bates St

Dallas, TX 75227

  • 67 days on market
    • Price drop $10,000↓
Cozy 2-bedroom, 1 bath home. This property features a spacious living area and a large backyard, perfect for relaxing or entertaining. AS-IS, WHERE-IS, BUYER TO PURCHASE SURVEY, SELLER TO MAKE NO REPAIRS.

Details

Property type

Single Family Residence

Est. home value

$235,019

Lot size

6,882.48 sq ft

Price per sq ft

$187

Year built

1950

Annual property taxes

$5,310

Price History

10/28/2024
NTREIS

NTREIS #20728926

Price change
$199,000
-4.78%
10/01/2024
NTREIS

NTREIS #20728926

Price change
$209,000
-4.57%
09/16/2024
NTREIS

NTREIS #20728926

Listed
$219,000

Schools & Community

Neighborhood: 

Southeast Dallas

Elementary school: 

Urbanpark

Middle school: 

Ann Richards

High school: 

Skyline

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

-$38,047
Asking price
$199,000
Closing costs (~8% of asking)
-$15,920
Est. remaining loan balance
-$221,127
Cash to seller
-$38,047

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

Seller’s Loan History

Lender

Colonial National Mortgage

Loan start date

February 2023

Original loan amount

$225,720

Est. remaining balance

$221,127

Interest rate

6.42%

Loan type

New Conventional, 30 year

Seller

Narobi S Williams

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: 11/22/2024 at 5:55 PM

Listing updated: 10/28/2024 at 1:47 PM

Listed by: Nicole Espinosa, Real Phone #: (855) 450-0442

MLS: NTREIS #20728926

NTREIS logo

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