tomo logo

$434,000

Beds
2
Baths
2.0
sq ft
1,241

728 Melba St, Dallas, TX 75208

728 Melba St

Dallas, TX 75208

  • 45 days on market
    • Price drop $16,000↓
Beautiful Bishop Arts Bungalow with bohemian vibes and an open floorplan that's fantastic for entertaining! Recent updates include a brand-new water heater and new exterior paint. Gourmet kitchen with stainless steel appliances, ample counter space, and adjacent wet bar. Large primary suite with incredible wall-to-wall custom closet that extends from floor to ceiling. Gorgeous Primary Bath with enormous shower and designer tile. Second bedroom can be used as a fantastic Home Office with built-in desks and shelving for additional storage. Artsy metal gate secures the large driveway and spacious backyard. Walk to the Bishop Arts District and TYPO without crossing any major streets! Kidd Springs Park, Stevens Park Golf Course, and Downtown Dallas are all nearby. Easy access to both airports.

Details

Property type

Single Family Residence

Est. home value

$419,098

Lot size

6,098.4 sq ft

Price per sq ft

$350

Year built

1930

Price History

10/10/2024
NTREIS

NTREIS #20733368

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

NTREIS #20733368

Listed
$450,000
11/01/2022
NTREIS

NTREIS #20130712

Removed

Schools & Community

Neighborhood: 

Oak Cliff

Elementary school: 

Reagan

Middle school: 

Garcia

High school: 

Adamson

Community features: 

Sidewalks

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

$71,355
Asking price
$434,000
Closing costs (~8% of asking)
-$34,720
Est. remaining loan balance
-$327,925
Cash to seller
$71,355

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

$327,925

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?

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Status: Active

Tomo last checked: 11/05/2024 at 4:45 AM

Listing updated: 10/10/2024 at 5:29 PM

Listed by: Brian Davis, Briggs Freeman Sotheby's Int'l Phone #: (214) 350-0400

MLS: NTREIS #20733368

NTREIS logo

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