tomo logo

$524,900

Beds
2
Baths
2.0
sq ft
1,730

1505 Elm St Unit 1603, Dallas, TX 75201

1505 Elm St Unit 1603

Dallas, TX 75201

  • 99 days on market
DOWNTOWN LUXURY CORNER UNIT w HIGHER CELINGS ON PH1 Level has 10 corner windows in the heart of Downtown. This George Dahl designed Mid-Century Modern building built in 1957 for Dallas Federal Savings was converted to condos in 2002-the first condo project in the CBD. Enjoy breathtaking sunset views! Since 2021 the $460million+ National Residences and Thompson Hotel have been located across Akard in the restored First National Bank. 1505 Amenities: 24 HR Concierge-Valet for Residents and up to 5 Guests-no tipping. Amenity floor B-1 caterer's kitchen, wine cellar, party area, piano, darts, pool, TV. Amenity floor B-2 new Theater Room seats 15 and new state of the art Fitness Center. Fifth Floor Resident-Outdoor retreat-Pool, 3 cooking pavilions, private dog run, sitting areas. Walk to Flagship Neiman Marcus, restaurants, hotels, Arts District, AT&T Discovery District. Dart Akard Station across the street to DFW, Love Field, NorthPark, etc. The ease of a contemporary Lifestyle!

Details

Property type

Condominium

Est. home value

$432,883

Lot size

0.23 acres

Price per sq ft

$304

Year built

1957

Monthly HOA fee

$1,828

Price History

03/25/2024
NTREIS

NTREIS #20568714

Listed
$524,900
05/23/2019
NTREIS

NTREIS #13703799

Removed

Schools & Community

Neighborhood: 

City Center District

Elementary school: 

Central

Middle school: 

Robert Hill

High school: 

North Dallas

Community features: 

Pool, Fitness Center

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

$302,129
Asking price
$524,900
Closing costs (~8% of asking)
-$41,992
Est. remaining loan balance
-$180,779
Cash to seller
$302,129

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

Seller’s Loan History

Lender

Primelending

Loan start date

May 2019

Original loan amount

$200,000

Est. remaining balance

$180,779

Interest rate

4.08%

Loan type

New Conventional, 30 year

Seller

Wendy Paige Eldredge and Scott Eldredge

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: 07/03/2024 at 11:10 AM

Listing updated: 07/02/2024 at 4:13 PM

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

MLS: NTREIS #20568714

NTREIS logo

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