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$269,000

Beds
1
Baths
1.0
sq ft
845

509 Elm St Unit 503, Dallas, TX 75202

509 Elm St Unit 503

Dallas, TX 75202

  • 11 days on market
Historic Loft with a Designer's Inspiration. Large one bedroom loft with a soaking tub shower combo and extra large walk-in closet. The designer inspirations include expert space planning, modern light fixtures and an accent wall in the bedroom. Loft has a sprawling footprint measuring 44 feet in length from front door to windows 19 feet side to side. Kitchen details include a Zellige tile backsplash and a waterfall marble countertop. The Loft features high-beamed ceilings, three large light filled working casement windows with a skyline view, exposed historic brick wall, and a utility closet that houses a full-sized washer and dryer. These modern amenities make this historic 1901 loft comfortable for the 21st Century. Parking is underground and is accessible via stairwell or elevator in the building, entry and exit are off Houston St. Located in the West End Historic District in the greater downtown area, walk to Victory Park, AT&T Performing Arts Center, Klyde Warren Park, Dallas Arts District, and a short trolly ride to Bishop Arts in Oak Cliff from Union Station. Do not miss this excellent opportunity to own in the Historic West End at the Elm Street Residences!

Details

Property type

Condominium

Est. home value

$253,929

Lot size

Unknown

Price per sq ft

$319

Year built

1930

Annual property taxes

$5,194

Monthly HOA fee

$373

Price History

12/10/2024
NTREIS

NTREIS #20794404

Listed
$269,000
05/12/2022
NTREIS

NTREIS #20032380

Removed

Schools & Community

Neighborhood: 

West End Historic District

Elementary school: 

Milam

Middle school: 

Spence

High school: 

North Dallas

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

$20,380
Asking price
$269,000
Closing costs (~8% of asking)
-$21,520
Est. remaining loan balance
-$227,100
Cash to seller
$20,380

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

Seller’s Loan History

Lender

Nations Reliable Lending Llc

Loan start date

May 2022

Original loan amount

$237,500

Est. remaining balance

$227,100

Interest rate

4.42%

Loan type

New Conventional, 30 year

Seller

Hilary Alison Otstott and Andrew Jaeger

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: 12/22/2024 at 10:30 AM

Listing updated: 12/11/2024 at 3:13 AM

Listed by: Randall Elms, David Griffin & Company Phone #: (214) 526-5626

MLS: NTREIS #20794404

NTREIS logo

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