tomo logo

$264,900

Beds
1
Baths
2.0
sq ft
1,217

1505 Elm St Unit 901, Dallas, TX 75201

1505 Elm St Unit 901

Dallas, TX 75201

  • 234 days on market
    • Price drop $5,000↓
DOWNTOWN LUXURY UNIT in the heart of the Downtown Iconic George Dahl-designed full-service boutique hi-rise building! 9th floor views of the ever-popular downtown scene across from the National-Thompson Hotel, good eats at the City Tavern, Campisi's, Woolworth's and more... Building Amenities include 24-HR Concierge-Valet Parking for Residents and Guests. 3 Amenity Levels: Floor B1-Wine Cellar, Party Area with Piano, caterer's Kitchen, Pool Table, Darts, TV. Floor B2-State of the Art Recently remodeled Fitness Center with new exercise equipment, yoga room and more. 5th floor Outdoor Retreat-Pool, 3 cooking pavilions with gas grills, dog run, sitting areas. Walk to Flagship Neiman Marcus, Forty Five Ten, a variety of Restaurants, Arts District, AT&T Discovery District. DART Akard Station across street with access to Love Field, DFW, North Park, Mockingbird Station +++. The Ease of a Contemporary Lifestyle. When Your Neighbor includes a Flying Horse, You're Living Someplace Special!

Details

Property type

Condominium

Est. home value

$266,031

Lot size

0.23 acres

Price per sq ft

$218

Year built

1957

Monthly HOA fee

$1,299

Price History

05/01/2024
NTREIS

NTREIS #20455032

Price change
$264,900
-1.85%
04/01/2024
NTREIS

NTREIS #20455032

Price change
$269,900
-1.82%
03/15/2024
NTREIS

NTREIS #20455032

Price change
$274,900
-1.79%

Schools & Community

Neighborhood: 

City Center District

Elementary school: 

Milam

Middle school: 

Spence

High school: 

North Dallas

Community features: 

Pool, Fitness Center, Sidewalks

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

$128,873
Asking price
$264,900
Closing costs (~8% of asking)
-$21,192
Est. remaining loan balance
-$114,835
Cash to seller
$128,873

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

September 2018

Original loan amount

$128,000

Est. remaining balance

$114,835

Interest rate

4.54%

Loan type

Not Provided, 30 year

Seller

Billy Rea Mcknight and Stephen L Shepherd

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 10:20 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 #20455032

NTREIS logo

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