tomo logo

$280,000

Beds
2
Baths
1.0
sq ft
984

1111 S Akard St Unit 402, Dallas, TX 75215

1111 S Akard St Unit 402

Dallas, TX 75215

  • 10 days on market
Indulge in panoramic views of the vibrant Downtown Dallas skyline from this exquisite top-floor unit! This 984 sq ft loft-style 2 bed, 1 bath condo offers ample living space and modern amenities, characterized by its 12-foot ceilings, stylish bamboo flooring and garage-style door that when open, perfectly merges indoor and outdoor living spaces. The kitchen features sleek cabinetry, stained butcher block countertops, and stainless-steel appliances ideal for the budding chef. The oversized walk-in closet has fully customizable Elfa shelving system and the second bedroom could also be used as a study, game room, or additional living area. Nestled within a secure gated community in The Cedars, this residence seamlessly blends modern comfort with contemporary urban living. Conveniently located in the Downtown Dallas Historic District with easy access to I-35E, I-30, and Hwy 75 and just a short distance to restaurants, shops, and public transportation.

Details

Property type

Condominium

Est. home value

$275,548

Lot size

0.752 acres

Price per sq ft

$285

Year built

2006

Annual property taxes

$5,081

Monthly HOA fee

$400

Price History

06/22/2024
NTREIS

NTREIS #20618224

Listed
$280,000

Schools & Community

Neighborhood: 

South Boulevard-Park Row Historic

Elementary school: 

Dunbar

Middle school: 

Dade

High school: 

Madison

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

$144,334
Asking price
$280,000
Closing costs (~8% of asking)
-$22,400
Est. remaining loan balance
-$113,266
Cash to seller
$144,334

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

Seller’s Loan History

Lender

Oak Mortgage Group Inc

Loan start date

July 2015

Original loan amount

$139,500

Est. remaining balance

$113,266

Interest rate

3.87%

Loan type

New Conventional, 30 year

Seller

Alana Rodriguez

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: 07/02/2024 at 7:25 PM

Listing updated: 06/27/2024 at 11:54 AM

Listed by: Mark Wi, Compass RE Texas, LLC Phone #: (469) 210-8288

MLS: NTREIS #20618224

NTREIS logo

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