tomo logo

$850,000

Beds
4
Baths
3.0
sq ft
3,360

8551 S Mediterranean Cir, Dallas, TX 75238

8551 S Mediterranean Cir

Dallas, TX 75238

  • <1 day on market
Fall in love with this extraordinary 1976 late mid-century modern gem that is a testament to a bygone era, yet still radiates a timeless allure. Step inside and be transported to an era of architectural brilliance, where the floating staircase invites you to explore the multi-level living spaces, generous sized rooms await your personal touch and expansive glass windows frame the outdoor beauty. On cozy evenings, picture yourself beside a two-story brick fireplace, whether in the first level living room or the intimate den upstairs, each space offers warmth and comfort. The home also features an unfinished, climate controlled walk-out basement, offering endless potential to create the space of your dreams. This opens out to an expansive, private acre lot bordering Dixon Branch Creek—a serene backdrop for outdoor living. Now, it's time for a new chapter. This home is more than just a residence; it’s a place where memories are made. Could it be the setting for your next love story?

Details

Property type

Single Family Residence

Est. home value

$775,644

Lot size

1.023 acres

Price per sq ft

$253

Year built

1976

Annual property taxes

$17,498

Price History

09/18/2024
NTREIS

NTREIS #20719373

Listed
$850,000
09/21/2023
NTREIS

NTREIS #20379307

Removed

Schools & Community

Neighborhood: 

Northeast Dallas

Elementary school: 

Wallace

Middle school: 

Unknown

High school: 

Lake Highlands

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

$99,769
Asking price
$850,000
Closing costs (~8% of asking)
-$68,000
Est. remaining loan balance
-$682,231
Cash to seller
$99,769

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

Seller’s Loan History

Lender

V I P Mortgage Inc

Loan start date

September 2023

Original loan amount

$688,750

Est. remaining balance

$682,231

Interest rate

6.9%

Loan type

New Conventional, 30 year

Seller

David Matthew Colwill and Ashleigh Colletti

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: Active

Tomo last checked: 09/19/2024 at 10:30 AM

Listing updated: 09/18/2024 at 11:19 PM

Listed by: Kent Frederick, Dave Perry Miller Real Estate Phone #: (214) 303-1133

MLS: NTREIS #20719373

NTREIS logo

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