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$189,500

Beds
2
Baths
1.0
sq ft
884

8601 Park Ln Unit 523, Dallas, TX 75231

8601 Park Ln Unit 523

Dallas, TX 75231

  • 41 days on market
    • Price drop $5,500↓
This charming two bedroom, one bathroom condo is located in a gated community in the heart of Dallas and is close to shopping, restaurants, and easy highway access. Inside you will find tons of natural light, neutral tones, and stylish updated flooring. The kitchen opens to the living area and features white shaker-style cabinets, quartz countertops, and stainless steel appliances. Both bedrooms are oversized and have direct access to the outside patio. You will have access to assigned parking and a community pool. This condo has been completely updated and is ready for you to call home!

Details

Property type

Condominium

Est. home value

$197,798

Lot size

4.332 acres

Price per sq ft

$215

Year built

1982

Annual property taxes

$3,043

Monthly HOA fee

$385

Price History

08/05/2024
NTREIS

NTREIS #20676071

Price change
$189,500
-2.82%
07/16/2024
NTREIS

NTREIS #20676071

Listed
$195,000
06/11/2024
NTREIS

NTREIS #20526921

Removed

Schools & Community

Neighborhood: 

Lake Highlands

Elementary school: 

Hotchkiss

Middle school: 

Tasby

High school: 

Conrad

Community features: 

Gated

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

-$8,547
Asking price
$189,500
Closing costs (~8% of asking)
-$15,160
Est. remaining loan balance
-$182,887
Cash to seller
-$8,547

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

Seller’s Loan History

Lender

Town Square Mortgage & Investments Inc

Loan start date

February 2023

Original loan amount

$186,200

Est. remaining balance

$182,887

Interest rate

6.27%

Loan type

New Conventional, 30 year

Seller

Brian James Murphy

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: 08/27/2024 at 2:10 AM

Listing updated: 08/05/2024 at 1:20 PM

Listed by: Adam Noss, DIY Realty Phone #: (817) 765-6109

MLS: NTREIS #20676071

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