NOT LISTED FOR SALE

Estimated Value: $456,000 - $497,000

2 Beds
2 Baths
1,200 Sq Ft
$672/mo HOA Fee

Last Sold December 14, 2020

Current estimated payment $3,884/month

102 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Park
  • Community Pool
  • 2 Car Attached Garage
  • 1-minute walk to Victory Park

About This Home

As of December 2020

Rare to the market 7th floor condo at The Terrace that overlooks 1 acre park. Concierge greet you & your guests in a lovely contemporary lobby. Soaring oversized windows & dramatic views from this top floor unit with high ceilings! This two bedroom two bath condo features TWO interior climate controlled storage units one on the 7th floor & the second on the 3rd floor, & TWO parking spaces. Contemporary finish out with natural color scheme, designer lighting, SS appliances, stone countertops, & Elfa custom closets. Workout from home in the state of the art fitness center with city views. WFH with ease with 1 GIG internet speeds! Enjoy evening cocktails on the balcony or by the pool overlooking the city.

Last Agent to Sell the Property

Alison Houpt

Scout RE Texas License #0638362 Listed on: 08/12/2020

Co-Listed By

Samuel Silverman

Compass RE Texas, LLC License #0678673

Last Buyer's Agent

Aimee Elkman

eXp Realty LLC License #0558385

eXp Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,611

Year Built

  • Built in 2005

Lot Details

  • 0.91

HOA Fees

  • $672 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Common or Shared Parking
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Tar and Gravel Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • ENERGY STAR Qualified Windows
  • Burglar Security System

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Full Size Washer or Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Attached Grill

Schools

  • Houston Elementary School
  • Rusk Middle School
  • North Dallas High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 4A.2 / F/389
  • Assessor Parcel Number 00C71590000H00715

Community Details

Overview

  • Association fees include full use of facilities, insurance, ground maintenance, maintenance structure, management fees, security
  • See Agent HOA
  • Terrace Condos Subdivision
  • Mandatory home owners association

Recreation

  • Park

Security

  • Security Guard
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,611

Year Built

Built in 2005

Lot Details

0

HOA Fees

$672 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structural Style: Condo/Townhome
  • Unit Levels: One
  • Building Number: 1
  • Floor Location Number: 7
  • Security: Burglar, Carbon Monoxide Detector(s), Fire Sprinkler System, Security Service, Security System
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 291.66667
  • Special Features: None
  • Stories: 7
  • Year Built: 2005

Interior Features

  • Square Footage: 1200.00
  • Interior Amenities: Cable TV Available, Elevator, High Speed Internet Available
  • Flooring: Carpet, Ceramic Tile, Wood
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed for Ice Maker, Refrigerator, Vented Exhaust Fan, Washer
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 6

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Pool: No
  • Foundation: Other
  • Community Features: Common Elevator, Community Pool, Guarded Entrance, Park
  • Roof: Other, Tar/Gravel
  • Construction Materials: Brick
  • Exterior Features: Attached Grill, Balcony

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: Assigned, Common, Garage Door Opener, Other, Underground
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric
  • LaundryFeatures: Electric Dryer Hookup, Full Size W/D Area, Washer Hookup
  • Utilities: City Sewer, City Water, Concrete, Curbs, Individual Water Meter, Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Full Use of Facilities, Insurance, Maintenance Grounds, Maintenance Structure, Management Fees, Security
  • Complex Name: The Terrace
  • Association Fee: 672
  • Association Fee Frequency: Monthly
  • Association Type: Mandatory
  • Hoa Management Company: See Agent
  • HOA Management Company: See Agent

Schools

  • School District: Dallas ISD
  • Elementary School: Houston
  • Middle School: Rusk
  • High School: North Dallas
  • School District: Dallas ISD
  • Elementary School: Houston
  • High School: North Dallas

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Condo/Townhome Lot
  • Lot Size Units: Acres
  • Lot Size Area: 0.9100
  • Parcel Number: 00C71590000H00715
  • Lot Size Acres: 0.9100
  • Lot Size Sq Ft: 39639.6000

Green Features

  • Efficiency: Appliances, Windows
  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2005
  • StoriesTotal: 7

Tax Info

  • TaxBlock: F/389
  • Tax Lot: 4A.2

MLS Schools

  • MiddleOrJuniorSchool: Rusk
  • Middle School Name: Rusk
  • Elementary School Name: Houston
  • High School Name: North Dallas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Dec 14, 2020
Sold by
Thomas A Schneider Trust
Bought by
Welch Jonathan Michael and Welch Kelly E
Seller's Agent
Alison Houpt
Scout RE Texas
Buyer's Agent
Aimee Elkman
eXp Realty LLC
List Price
$374,900
Sold Price
$359,900
Premium/Discount to List
-$15,000
-4%
Total Days on Market
102
Current Estimated Value
$474,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,150
Avg. Annual Appreciation
6.13%
Original Mortgage
$280,000
Outstanding Balance
$252,138
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$217,414

Purchase Details

Closed on
Feb 15, 2007
Sold by
Blocks F & H Lp
Bought by
Schneider Thomas A and Schneider June N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,600
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Welch Jonathan Michael -- Chicago Title Company
Schneider Thomas A -- Fnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welch Jonathan Michael $280,000
Previous Owner Schneider Thomas A $280,000
Previous Owner Schneider Thomas A $359,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2020 12/14/20 Sold -- -- --
11/22/2020 11/22/20 Pending -- -- --
10/16/2020 10/16/20 Price Changed $359,900 -2.7% $300 / Sq Ft
09/08/2020 09/08/20 Price Changed $369,900 -1.3% $308 / Sq Ft
08/12/2020 08/12/20 For Sale $374,900 -- $312 / 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
2023 $6,611 $372,000 $21,840 $350,160
2022 $9,301 $372,000 $21,840 $350,160
2021 $9,813 $372,000 $21,840 $350,160
2020 $10,092 $372,000 $21,840 $350,160
2019 $10,584 $372,000 $21,840 $350,160
2018 $9,300 $342,000 $17,470 $324,530
2017 $9,300 $342,000 $17,470 $324,530
2016 $9,300 $342,000 $17,470 $324,530
2015 $7,900 $288,000 $11,360 $276,640
2014 $7,900 $288,000 $11,360 $276,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14410406

North Texas Real Estate Information Systems (NTREIS)

APN: 00C71590000H00715