tomo logo

$419,098Estimated home value

Beds
2
Baths
2.0
sq ft
1,178

728 Melba St, Dallas, TX 75208

728 Melba St

Dallas, TX 75208

  • Sold On 11/1/2022
    • Price drop $20,400↓
Located in the Bishop Arts District of Dallas, this home was rebuilt and has been remodeled within the last few years. The windows give this home an abundance of natural light. The open concept and high ceilings throughout create a spacious feel. The sellers meticulously designed the kitchen, bedrooms and bathrooms. The second bedroom is currently being used as an office. The backyard has a large slab with plumbing for water and gas and would be ideal for adding additional bedrooms or creating a large outdoor living space that would complement the lovely interior of this home. Located just 10 minutes south of Downtown Dallas & walking distance to the eclectic mix of trendy restaurants, boutiques, and bars that Bishop Arts has to offer. Make this your home and enjoy all the wonderful things that the Bishop Arts District has to offer. Must see to appreciate!

Details

Property type

Single Family Residence

Est. home value

$419,098

Lot size

6,098.4 sq ft

Price per sq ft

$382

Year built

1930

Annual property taxes

$5,935

Price History

12/20/2024
NTREIS

NTREIS #20733368

Removed
10/10/2024
NTREIS

NTREIS #20733368

Price change
$434,000
-3.56%
09/20/2024
NTREIS

NTREIS #20733368

Listed
$450,000

Schools & Community

Neighborhood: 

Oak Cliff

Elementary school: 

Reagan

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

$85,991
Asking price
$449,500
Closing costs (~8% of asking)
-$35,960
Est. remaining loan balance
-$327,549
Cash to seller
$85,991

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

November 2022

Original loan amount

$336,411

Est. remaining balance

$327,549

Interest rate

6.02%

Loan type

New Conventional, 30 year

Seller

Anna Elisabeth Scharff and Brandon Marc Guerra

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?

Similar Homes Nearby

Price drop
NTREIS
$394,900
2 bd
|
2 ba
|
1,303 sq ft
|
House

823 Cliffdale Ave, Dallas, TX 75211

Price drop
NTREIS
$435,000
2 bd
|
2 ba
|
1,394 sq ft
|
House

2419 W 10th St, Dallas, TX 75211

NTREIS
$399,000
2 bd
|
1 ba
|
1,132 sq ft
|
House

315 N Marlborough Ave, Dallas, TX 75208

Status: Off Market

Tomo last checked: 12/22/2024 at 4:30 PM

Listing updated: 11/01/2022 at 3:59 PM

Listed by: Viana Lozano, Fathom Realty LLC Phone #: (888) 455-6040

MLS: NTREIS #20130712

NTREIS logo

Recently listed in Dallas

$299,990|3 bd|2.0 ba|House
$525,000|4 bd|3.0 ba|House
$319,000|3 bd|3.0 ba|House
$529,000|4 bd|3.0 ba|House
$290,000|3 bd|3.0 ba|House
$2,650,000|4 bd|5.0 ba|House
$530,000|2 bd|3.0 ba|Townhouse
$320,000|4 bd|2.0 ba|House
$649,000|4 bd|3.0 ba|House