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$1,235,000

Beds
5
Baths
6.0
sq ft
5,455

7316 Spring Valley Rd, Dallas, TX 75254

7316 Spring Valley Rd

Dallas, TX 75254

  • 148 days on market
    • Price drop $40,000↓
    • Open house Oct 06
$10,000 BUYER CREDIT WITH AN ACCEPTABLE OFFER. Enter through a charming private courtyard to this updated one story home surrounded by towering shade trees. The Family Room, Game Room & Kitchen seamlessly flow in this open floor plan making it perfect for entertaining or comfortable family living. The Kitchen was redone in 2024 with quartz counters, Wolf gas cooktop, SS appliances, Bosch double ovens, trash compactor & 66 inch refrigerator-freezer. Both bars have icemakers. The Primary Suite has his & her separate baths & an adjacent study-office. Bedrooms are split three ways. There is also an extra large utility-hobby room with craft table. Private backyard with pool-spa, grass yard, & a full pool bath are ideal for relaxing & entertaining. Backyard has both a storage & pool shed for pool equipment & pool toys. Roof replaced & foam insulation added to attic in 2022. 45 windows replaced in 2022 make this an energy efficient home. Hot water heater was replaced in 2023, plus much more.

Details

Property type

Single Family Residence

Est. home value

$1,304,942

Lot size

0.524 acres

Price per sq ft

$227

Year built

1961

Annual property taxes

$26,857

Monthly HOA fee

$33.33

Price History

07/03/2024
NTREIS

NTREIS #20611423

Price change
$1,235,000
-3.14%
06/17/2024
NTREIS

NTREIS #20611423

Price change
$1,275,000
-1.54%
05/29/2024
NTREIS

NTREIS #20611423

Price change
$1,295,000
-1.52%

Schools & Community

Neighborhood: 

Far North

Elementary school: 

Northwood

Middle school: 

Unknown

High school: 

Richardson

School district: 

Richardson 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

$803,754
Asking price
$1,235,000
Closing costs (~8% of asking)
-$98,800
Est. remaining loan balance
-$332,446
Cash to seller
$803,754

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

September 2019

Original loan amount

$370,000

Est. remaining balance

$332,446

Interest rate

3.6%

Loan type

New Conventional, 30 year

Seller

Sugie D Poteet and Steven B Poteet

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: 10/05/2024 at 8:30 PM

Listing updated: 10/01/2024 at 3:44 PM

Listed by: Mayo Redpath, Allie Beth Allman & Assoc. Phone #: (214) 521-7355

MLS: NTREIS #20611423

NTREIS logo

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