NOT LISTED FOR SALE

2504 Summit Ln Dallas, TX 75227

Riverway Estates Neighborhood

Estimated Value: $178,000 - $191,000

2 Beds
1 Bath
999 Sq Ft
$187/Sq Ft Est. Value

Last Sold November 17, 2022

Current estimated payment $1,307/month

113 Days on Market

Highlights

  • Granite Countertops
  • Central Air
  • High Speed Internet
  • 1-Story Property
  • 2 Car Garage
  • Heating Available

About This Home

As of November 2022

**Both sides 2504 and 2508 being sold together. Both sides total 2268sq ft. Turnkey Investment Property fully rented with CASH FLOW! Great opportunity to purchase a duplex in a highly marketable area with tons of Cash flow!! 2504 Summit is a 2 bedroom 1 bath 1 car garage fully updated with new paint, carpet, and tile. 2508 is a 3 bedroom 2 full bath 1 car garage fully updated with new paint, tile, granite countertops, and carpet. New roof for both sides in 2014. New Siding and Paint in 2020. Great rental history with annual increases of 5-8%. No showings until fully executed contract. Please do not bother tenants. Contact: CJC Properties at CJCpropertiesINC@gmail.com or 214-280-0689 (Clinton) for more information.

Last Agent to Sell the Property

robert hart

Hart of Texas License #0693991 Listed on: 04/28/2022

Last Buyer's Agent

Spencer Carlson

Monument Realty License #0781669

Monument Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,867

Year Built

  • Built in 1985

Lot Details

  • 4,225

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Kitchen

  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Schools

  • Titche Elementary School
  • Florence Middle School
  • Samuell High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet

Additional Features

  • 1-Story Property
  • 4,225 Sq Ft Lot

Community Details

  • 2 Units
  • 999 Sq Ft Building
  • Hillside Oaks Ph 03 Subdivision

Listing and Financial Details

  • Legal Lot and Block 121 / 56764
  • Assessor Parcel Number 00676400051210000
  • $2,771 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,867

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 22380
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 160.16016
  • Special Features: None
  • Year Built: 1985

Interior Features

  • Interior Amenities: Granite Counters, High Speed Internet Available, Pantry
  • Appliances: Dishwasher, Disposal

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Brick

Garage/Parking

  • Cooling System: Central Air
  • Number Of Parking Spaces: 2
  • Parking Features: Concrete, Driveway, Garage, Garage Door Opener

Utilities

  • Heating: Electric
  • Utilities: City Sewer, City Water, Electricity Available

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Dallas ISD
  • Elementary School: Titche
  • Middle School: Florence
  • High School: Samuell
  • School District: Dallas ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.0970
  • Parcel Number: 00676400051210000
  • Lot Size Acres: 0.0970
  • Lot Size Sq Ft: 4225.3200

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1985
  • Units Total: 2

Multi Family

  • Gross Annual Expenses: 6000.00
  • Gross Annual Income: 29880.00
  • Insurance Expense: 1500
  • Unit Count: 1

Tax Info

  • Unexempt Taxes: 2771
  • TaxBlock: 56764
  • Tax Lot: 121

MLS Schools

  • Middle School Name: Florence
  • Elementary School Name: Titche
  • High School Name: Samuell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Nov 16, 2022
Sold by
Curtis Jessica Haring
Bought by
Ali-Hamad Adel
Seller's Agent
robert hart
Hart of Texas
Buyer's Agent
Spencer Carlson
Monument Realty
List Price
$425,000
Views
19
Current Estimated Value
$186,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.98%
Original Mortgage
$128,000
Outstanding Balance
$124,374
Interest Rate
7.08%
Estimated Equity
$55,552

Purchase Details

Closed on
Mar 29, 2007
Sold by
Jennings Samuel
Bought by
Curtis Clinton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 1993
Sold by
Cisneros Henry G
Bought by
Jennings Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,531
Interest Rate
6.88%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ali-Hamad Adel -- Truly Title
Curtis Clinton -- None Available
Jennings Samuel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ali-Hamad Adel $128,000
Previous Owner Curtis Clinton $175,000
Previous Owner Curtis Clinton $175,000
Previous Owner Haring Jessica $49,000
Previous Owner Jennings Samuel $47,170
Previous Owner Jennings Samuel $28,531
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2022 11/17/22 Sold -- -- --
08/19/2022 08/19/22 Pending -- -- --
07/19/2022 07/19/22 Price Changed $175,000 -10.3% $175 / Sq Ft
06/07/2022 06/07/22 Price Changed $195,000 -54.1% $195 / Sq Ft
04/28/2022 04/28/22 For Sale $425,000 0.0% $425 / Sq Ft
06/19/2020 06/19/20 Rented $1,095 0.0% --
06/16/2020 06/16/20 For Rent $1,095 -- --
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 $3,867 $173,000 $50,000 $123,000
2024 $3,867 $173,000 $50,000 $123,000
2023 $3,867 $201,300 $40,000 $161,300
2022 $3,036 $121,440 $25,000 $96,440
2021 $2,771 $105,040 $20,000 $85,040
2020 $2,468 $90,960 $20,000 $70,960
2019 $2,588 $90,960 $20,000 $70,960
2018 $1,287 $47,320 $14,000 $33,320
2017 $1,287 $47,320 $14,000 $33,320
2016 $1,287 $47,320 $14,000 $33,320
2015 $840 $38,570 $14,000 $24,570
2014 $840 $30,630 $14,000 $16,630
Source: Public Records

Agents Affiliated with this Home

  • r

    Seller's Agent in 2022

    robert hart

    Hart of Texas

    (940) 300-6104

    2 in this area

    21 Total Sales

    robert hart
    Section Image

  • S

    Buyer's Agent in 2022

    Spencer Carlson

    Monument Realty

    (214) 724-1047

    3 in this area

    81 Total Sales

    Spencer Carlson
    Section Image
  • Jim Glynn

    Seller's Agent in 2020

    Jim Glynn

    JG Real Estate, LLC

    (817) 896-7990

    267 Total Sales

    Jim Glynn
    Section Image

  • N

    Buyer's Agent in 2020

    NON-MLS MEMBER

    NON MLS

See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20043788

North Texas Real Estate Information Systems (NTREIS)

APN: 00676400051210000

Texas Dallas County Dallas 75227 Riverway Estates

2504 Summit Ln, Dallas, TX

This home is located at 2504 Summit Ln, Dallas, TX 75227 since 28 April 2022 and is currently estimated at $186,561, approximately $186 per square foot. This property was built in 1985. 2504 Summit Ln is a home located in Dallas County with nearby schools including Edward Titche Elementary School, Young Men's Leadership Academy, and W.W. Samuell High School.

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