NOT LISTED FOR SALE

15875 Spectrum Dr Unit 4101 Addison, TX 75001

Estimated Value: $503,263 - $555,000

3 Beds
2.5 Baths
1,837 Sq Ft
$437/mo HOA Fee

Last Sold February 16, 2023

Current estimated payment $4,384/month

29 Days on Market

Highlights

  • Outdoor Pool
  • 1.53 Acre Lot
  • Contemporary Architecture
  • Rooftop Deck
  • Open Floorplan
  • 4-minute walk to Parkview Park

About This Home

As of February 2023

Spectacular penthouse residence located just blocks away from Addison Circle! Modern designer selections and exquisite custom finishes throughout. Custom backsplash and high-end SS appliances in the kitchen. Stunning crystal pendant lights over center island. Living room features a wall of windows and an unobstructed view! Open floorplan with 10 ft ceilings! The spacious master suite features spa-like bath with separate vanities, and free standing tub. Luxury abounds! NO carpeting—the entire unit is hardwood flooring! This top floor penthouse condo has an oversized outdoor terrace complete with wall mounted TV. Washer & Dryer, Refrigerator, and patio TV convey with property. Enjoy the resident only swimming pool! Walk to the dining and events of Addison Circle. The location is unsurpassed within minutes of DFW Airport and Love Field. Easy access to the Tollway and 190.

Last Agent to Sell the Property

Jennifer Whitehead

Douglas Elliman Real Estate License #0768214 Listed on: 12/19/2022

Douglas Elliman Real Estate

Last Buyer's Agent

Wendy McCormick

Ebby Halliday, REALTORS License #0661113

Ebby Halliday, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,188

Year Built

  • Built in 2021

Lot Details

  • 1.53

HOA Fees

  • $437 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Inside Entrance
  • Common or Shared Parking
  • Lighted Parking
  • Garage Door Opener
  • Electric Gate

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 1,837 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wired For A Flat Screen TV
  • Woodwork
  • Ceiling Fan
  • Chandelier
  • Decorative Lighting
  • Window Treatments
  • Burglar Security System

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Built-In Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Double Vanity

Laundry

  • Laundry in Utility Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Outdoor Pool
  • Balcony
  • Rooftop Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Water Filtration System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Accessible Approach with Ramp
  • Sprinkler System

Listing and Financial Details

  • Legal Lot and Block 1 / A
  • Assessor Parcel Number 10C00500000500501
  • $11,386 per year unexempt tax

Community Details

Overview

  • Association fees include full use of facilities, gas, management fees, sewer, water
  • First Service Residential HOA, Phone Number (877) 378-2388
  • Meridian Square Condos Bulldin Subdivision
  • Mandatory home owners association

Amenities

  • Community Mailbox

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Firewall

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,188

Year Built

Built in 2021

Lot Details

0

HOA Fees

$437 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
  • Restrictions: Deed
  • Accessibility Features: Accessible Approach with Ramp
  • Building Number: 5
  • Floor Location Number: 4
  • Security: Burglar, Fire Alarm, Fire Sprinkler System, Firewall(s), Security 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
  • Accessory Unit YN: No
  • Attribution Contact: 214-705-7827
  • Special Features: NewHome
  • Stories: 4
  • Year Built: 2021

Interior Features

  • Square Footage: 1837.00
  • Windows: Window Coverings
  • Interior Amenities: Chandelier, Decorative Lighting, Double Vanity, Eat-in Kitchen, Flat Screen Wiring, Granite Counters, High Speed Internet Available, Kitchen Island, Natural Woodwork, Open Floorplan, Walk-In Closet(s)
  • Flooring: Ceramic Tile, Wood
  • Appliances: Built-in Gas Range, Dishwasher, Disposal, Electric Water Heater, Gas Cooktop, Gas Oven, Microwave, Vented Exhaust Fan, Water Filter
  • Basement YN: No
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 9

Beds/Baths

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

Exterior Features

  • Pool: Yes
  • Foundation: Slab
  • Community Features: Community Pool, Community Sprinkler, Curbs, Pool, Sidewalks
  • Roof: Composition
  • Soil Type: Unknown
  • Construction Materials: Rock/Stone, Stucco
  • Exterior Features: Balcony, Covered Patio/Porch
  • Patio And Porch Features: Covered, Roof Top Deck/Patio

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: Assigned, Common, Direct Access, Electric Gate, Garage, Garage Door Opener, Inside Entrance, Lighted, Underground
  • Attached Garage YN: No
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric
  • LaundryFeatures: Electric Dryer Hookup, Utility Room, Washer Hookup
  • Utilities: Cable Available, City Sewer, City Water, Community Mailbox

Condo/Co-op/Association

  • HOA Fee Includes: Full Use of Facilities, Gas, Management Fees, Sewer, Water
  • Complex Name: Meridian Square
  • Association Fee: 437
  • Association Fee Frequency: Monthly
  • Association Type: Mandatory
  • Hoa Management Company: First Service Residential
  • HOA Management Company: 877-378-2388

Schools

  • School District: Dallas ISD
  • Elementary School: Bush
  • Middle School: Walker
  • High School: White
  • School District: Dallas ISD
  • Elementary School: Bush

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Condo/Townhome Lot
  • Lot Size Units: Acres
  • Lot Size Area: 1.5330
  • Parcel Number: 10C00500000500501
  • Lot Size Acres: 1.5330
  • Lot Size Sq Ft: 66777.4800

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2021
  • StoriesTotal: 4
  • SeniorCommunityYN: No

Tax Info

  • Unexempt Taxes: 11386
  • 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
Feb 6, 2025
Sold by
Staley Gary W and Staley Elizabeth
Bought by
Staley Family Trust and Staley
Current Estimated Value
$538,066

Purchase Details

Listed on
Dec 19, 2022
Closed on
Feb 16, 2023
Sold by
Engel Darla
Bought by
Staley Gary and Staley Elizabeth
Seller's Agent
Jennifer Whitehead
Douglas Elliman Real Estate
Buyer's Agent
Wendy McCormick
Ebby Halliday, REALTORS
List Price
$598,000
Views
307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.95%

Purchase Details

Listed on
Mar 3, 2021
Closed on
Sep 15, 2021
Sold by
Addison Urban Development Partners Llc
Bought by
Dandala Sravanthi and Malireddy Srikar
Seller's Agent
Cindy McCarty
Cindy McCarty & Associates
Buyer's Agent
John Jacobus
Gingrich Group, LLC
List Price
$469,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.97%
Original Mortgage
$352,000
Interest Rate
2.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 3, 2021
Closed on
Aug 27, 2021
Sold by
Addison Urban Development Partners Llc
Bought by
Engel Darla
Seller's Agent
Cindy McCarty
Cindy McCarty & Associates
Buyer's Agent
John Jacobus
Gingrich Group, LLC
List Price
$469,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
2.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Staley Family Trust -- None Listed On Document
Staley Gary -- Fair Texas Title
Dandala Sravanthi -- Capital Title
Engel Darla -- Capital Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dandala Sravanthi $352,000
Previous Owner Engel Darla $323,592
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2023 02/16/23 Sold -- -- --
01/17/2023 01/17/23 Pending -- -- --
12/19/2022 12/19/22 For Sale $598,000 +27.5% $326 / Sq Ft
08/27/2021 08/27/21 Sold -- -- --
03/29/2021 03/29/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $469,000 -- $255 / 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 $12,188 $569,470 $18,110 $551,360
2024 $12,188 $569,470 $18,110 $551,360
2023 $12,188 $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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20223176

North Texas Real Estate Information Systems (NTREIS)

APN: 10C00500000500501