NOT LISTED FOR SALE

15875 Spectrum Dr Unit 1101 Addison, TX 75001

Estimated Value: $466,124 - $555,000

3 Beds
2.5 Baths
1,837 Sq Ft
$441/mo HOA Fee

Last Sold July 01, 2022

Current estimated payment $3,655/month

4 Days on Market

Highlights

  • In Ground Pool
  • 1.53 Acre Lot
  • Contemporary Architecture
  • Gated Parking
  • Open Floorplan
  • 4-minute walk to Parkview Park

About This Home

As of July 2022

Sleek modern condominium upgraded with wood floors and stylish window treatments throughout. One story open floorplan features a gourmet kitchen with quartz countertops, SS appliances and large island suitable for bar stools. Designer selected finishes, spa style master bathroom, walk-in closets and plenty of storage space add to the functional floor plan this unit provides. Covered patio provides an extension of the living room to relax or entertain. You will embrace the lock and leave lifestyle while enjoying being centrally located with access to major highways allowing a short commute to Downtown Dallas, Legacy West, DFW Airport and Richardson. Located in a walkable neighborhood with an urban feel without the congestion of being in a big city, you will be able to walk to restaurants, bars parks and the many events held in Addison. Very reasonable Home Owner's dues to live in this great community and enjoy the enormous sparkling pool just a short walk away.

Last Agent to Sell the Property

Lori Ericsson

David Griffin & Company License #0520607 Listed on: 06/03/2022

David Griffin & Company

Last Buyer's Agent

Janice Cline

Lone Dove Realty License #0441858

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2021

Lot Details

  • 1.53

HOA Fees

  • $441 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Gated Parking

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 1,837 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Decorative Lighting
  • Window Treatments
  • Burglar Security System

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Plumbed For Gas In Kitchen
  • Built-In Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Low Flow Toliet

Laundry

  • Laundry in Utility Room
  • Stacked Washer and Dryer

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Bush Elementary School
  • Walker Middle School
  • White High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Accessible Approach with Ramp
  • Energy-Efficient Appliances

Listing and Financial Details

  • Legal Lot and Block 1 / A
  • Assessor Parcel Number 10C00500000500201
  • $11,386 per year unexempt tax

Community Details

Overview

  • Association fees include insurance
  • First Service Residential HOA, Phone Number (214) 451-5437
  • Meridian Square Condos Bldg 5 Subdivision
  • Mandatory home owners association

Amenities

  • Community Mailbox

Recreation

  • Community Pool

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2021

Lot Details

0

HOA Fees

$441 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary/Modern, Traditional
  • Structural Style: Condo/Townhome
  • Unit Levels: One
  • Accessibility Features: Accessible Approach with Ramp
  • Security: Burglar, Carbon Monoxide Detector(s), Fire Alarm, Fire Sprinkler System, Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Notice Surveillance Devices Pres: None
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Special Features: NewHome
  • Year Built: 2021

Interior Features

  • Square Footage: 1837.00
  • Windows: Window Coverings
  • Interior Amenities: Cable TV Available, Decorative Lighting, Eat-in Kitchen, High Speed Internet Available, Kitchen Island, Open Floorplan, Walk-In Closet(s)
  • Flooring: Ceramic Tile, Wood
  • Appliances: Built-in Gas Range, Dishwasher, Disposal, Electric Oven, Gas Range, Gas Water Heater, Microwave, Plumbed For Gas in Kitchen, Refrigerator
  • Basement YN: No
  • Number Of Living Areas: 1
  • Room Count: 8

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Pool: Yes
  • Foundation: Slab
  • Community Features: Pool
  • Roof: Composition
  • Soil Type: Unknown
  • Construction Materials: Brick, Rock/Stone, Stucco
  • Exterior Features: Balcony, Covered Patio/Porch
  • Pool Features: Gunite, In Ground
  • Waterfront: No
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Central Air, Electric, Zoned
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: Covered, Garage, Gated
  • Attached Garage YN: Yes
  • GarageYN: No

Utilities

  • Heating: Central, Electric, Zoned
  • LaundryFeatures: Electric Dryer Hookup, Utility Room, Stacked W/D Area, Washer Hookup
  • Utilities: City Sewer, City Water, Community Mailbox, Concrete, Curbs

Condo/Co-op/Association

  • HOA Fee Includes: Insurance
  • Association Fee: 441
  • Association Fee Frequency: Monthly
  • Association Type: Mandatory
  • Hoa Management Company: First Service Residential
  • HOA Management Company: 214-451-5437

Schools

  • School District: Dallas ISD

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Condo/Townhome Lot
  • Lot Size Units: Acres
  • Lot Size Area: 1.5330
  • Parcel Number: 10C00500000500201
  • Lot Size Acres: 1.5330
  • Lot Size Sq Ft: 66777.4800

Green Features

  • GreenWaterConservation: Low-Flow Fixtures
  • Efficiency: Appliances, Low Flow Commode
  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2021

Tax Info

  • Unexempt Taxes: 11386
  • Special Taxing Entities: No
  • TaxBlock: A
  • Tax Lot: 1

MLS Schools

  • Middle School Name: Walker
  • Elementary School Name: Bush
  • High School Name: White

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2025
Sold by
Shahrestani Frank and Shahrestani Fatemeh
Bought by
Shahrestani Frank and Shahrestani Fatemeh
Current Estimated Value
$511,031

Purchase Details

Listed on
Apr 12, 2021
Closed on
Sep 8, 2021
Sold by
Addison Urban Development Partners Llc
Bought by
Billings Debra Lynn and Billings Steven Randall
Seller's Agent
Cindy McCarty
Cindy McCarty & Associates
Buyer's Agent
Lori Ericsson
David Griffin & Company
List Price
$439,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.61%
Original Mortgage
$284,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Shahrestani Frank -- None Listed On Document
Billings Debra Lynn -- Capital Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Billings Debra Lynn $284,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2022 07/01/22 Sold -- -- --
06/07/2022 06/07/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $500,000 +13.9% $272 / Sq Ft
09/08/2021 09/08/21 Sold -- -- -- View Prior Sale
07/13/2021 07/13/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $439,000 -- $239 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,317 $484,990 $18,110 $466,880
2024 $6,317 $569,470 $18,110 $551,360
2023 $6,317 $459,250 $18,110 $441,140
2022 $10,859 $459,250 $18,110 $441,140
2021 $11,386 $459,250 $18,110 $441,140
2020 $2,338 $91,850 $18,110 $73,740
2019 $474 $18,110 $18,110 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20076121

North Texas Real Estate Information Systems (NTREIS)

APN: 10C00500000500201