NOT LISTED FOR SALE

588 Lofts 3110 Thomas Ave Unit 513 Dallas, TX 75204

Uptown Neighborhood

Estimated Value: $591,000 - $686,000

2 Beds
2 Baths
1,781 Sq Ft
$408/mo HOA Fee

Last Sold February 22, 2023

Current estimated payment $4,740/month

16 Days on Market

Highlights

  • Fitness Center
  • 1.17 Acre Lot
  • Vaulted Ceiling
  • Outdoor Pool
  • Open Floorplan
  • 1-minute walk to Griggs Park

About This Home

As of February 2023

Cool Industrial Design 2-story condo with exterior patio in the coveted State Thomas Neighborhood. Featuring exposed brick walls, concrete floors and views of Griggs Park-Downtown with floor to ceiling windows allowing for dramatic views + exceptional natural lighting. The downstairs guest bedroom also makes a perfect work from home office and is next to the updated guest bath. The kitchen is open to the main living area and has an expansive countertop for barstool seating. The massive primary bedroom has plenty of space for king sized furniture and an En Suite updated bathroom with quartz countertop, dual vanity and an oversized shower. The laundry is upstairs near the large walk-in closet. The community features a pool, fitness center, rooftop lounging patio, grilling and community patio area on the ground floor and covered parking. This unit comes with 2 reserved parking spots. This neighborhood is known for its walkability with terrific restaurants and entertainment nearby.

Last Listed By

Britt Lopez

Paragon, REALTORS License #0494262 Listed on: 01/09/2023

Paragon, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,116

Year Built

  • Built in 1998

Lot Details

  • Property is Fully Fenced
  • Aluminum or Metal Fence
  • Sprinkler System

HOA Fees

  • $408 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Tar and Gravel Roof
  • Concrete Siding

Interior Spaces

  • 1,781 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Decorative Lighting
  • Window Treatments
  • Loft

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Full Size Washer or Dryer
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Courtyard
  • Covered patio or porch
  • Outdoor Living Area
  • Outdoor Grill

Schools

  • Milam Elementary School
  • Spence Middle School
  • North Dallas High School

Utilities

  • Central Heating and Cooling System
  • Master Water Meter
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1A / U/588
  • Assessor Parcel Number 00C01020000000513
  • $13,390 per year unexempt tax

Community Details

Overview

  • Association fees include full use of facilities, insurance, ground maintenance, maintenance structure, management fees
  • 588 Condo Management HOA
  • 588 Condominiums Subdivision
  • Mandatory home owners association

Amenities

  • Elevator
  • Community Mailbox

Recreation

  • Community Spa

Security

  • Fenced around community

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,116

Year Built

Built in 1998

Lot Details

0

HOA Fees

$408 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structural Style: Condo/Townhome
  • Unit Levels: Two
  • Building Number: 1
  • Floor Location Number: 5
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Notice Surveillance Devices Pres: Audio, Video
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Attribution Contact: 214-515-9888
  • Special Features: None
  • Stories: 11
  • Year Built: 1998

Interior Features

  • Square Footage: 1781.00
  • Windows: Window Coverings
  • Interior Amenities: Cable TV Available, Decorative Lighting, Loft, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Concrete
  • Appliances: Dishwasher, Disposal, Electric Range, Refrigerator
  • Basement YN: No
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 5

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Pool: Yes
  • Foundation: Slab
  • Community Features: Common Elevator, Community Pool, Community Sprinkler, Curbs, Fitness Center, Perimeter Fencing, Pool, Sidewalks, Spa
  • Fencing: Full, Metal
  • Roof: Tar/Gravel
  • Construction Materials: Brick, Concrete
  • Exterior Features: Balcony, Barbecue, Courtyard, Covered Patio/Porch, Outdoor Living Center
  • Patio And Porch Features: Patio

Garage/Parking

  • Cooling System: Central Air, Electric
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: Assigned, Covered, Garage Door Opener, On Site
  • Attached Garage YN: No
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric
  • LaundryFeatures: Electric Dryer Hookup, Full Size W/D Area, Washer Hookup
  • Utilities: City Sewer, City Water, Community Mailbox, Curbs, Master Water Meter, Sidewalk

Condo/Co-op/Association

  • HOA Fee Includes: Full Use of Facilities, Insurance, Maintenance Grounds, Maintenance Structure, Management Fees
  • Complex Name: Loft 588
  • Association Fee: 408
  • Association Fee Frequency: Monthly
  • Association Type: Mandatory
  • Hoa Management Company: 588 Condo Management
  • HOA Management Company: 000-000-0000

Schools

  • School District: Dallas ISD
  • Elementary School: Milam
  • Middle School: Spence
  • High School: North Dallas
  • School District: Dallas ISD
  • Elementary School: Milam

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Condo/Townhome Lot
  • Lot Size Units: Acres
  • Lot Size Area: 1.1740
  • Parcel Number: 00C01020000000513
  • Lot Size Acres: 1.1740
  • Lot Size Sq Ft: 51139.4400

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1998
  • StoriesTotal: 11
  • SeniorCommunityYN: No

Tax Info

  • Unexempt Taxes: 13390
  • Special Taxing Entities: No
  • TaxBlock: U/588
  • Tax Lot: 1A

MLS Schools

  • Middle School Name: Spence
  • Elementary School Name: Milam
  • High School Name: North Dallas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2023
Closed on
Feb 22, 2023
Sold by
Malloy Justin
Bought by
Bui Michael Quoc-Hung
Seller's Agent
Britt Lopez
Paragon, REALTORS
Buyer's Agent
Kerry Cameron
Briggs Freeman Sotheby's Int'l
List Price
$600,000
Sold Price
$600,000
Total Days on Market
16
Views
11
Current Estimated Value
$626,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,370
Avg. Annual Appreciation
1.94%
Original Mortgage
$460,000
Outstanding Balance
$448,547
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$177,823

Purchase Details

Closed on
Nov 25, 2022
Sold by
Benjamin Malloy and Benjamin Peggy S
Bought by
Malloy Justin

Purchase Details

Closed on
May 11, 2013
Sold by
Malloy Benjamin and Malloy Justin
Bought by
Malloy Benjamin and Malloy Peggy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2008
Sold by
Us Bank National Association
Bought by
Malloy Benjamin and Malloy Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2008
Sold by
Radcliffe David
Bought by
Us Bank Na and Structured Asset Investment Loan Trust 2

Purchase Details

Closed on
Apr 8, 2005
Sold by
Block 588 Condominium Development Lp
Bought by
Radcliffe David Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,925
Interest Rate
7.45%
Mortgage Type
Fannie Mae Freddie Mac

Range of Values:

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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
Bui Michael Quoc-Hung -- --
Malloy Justin -- --
Malloy Benjamin -- Sendera Title
Malloy Benjamin -- First Fidelity Title
Us Bank Na $195,000 None Available
Radcliffe David Patrick -- Rtt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bui Michael Quoc-Hung $460,000
Previous Owner Malloy Benjamin $150,000
Previous Owner Malloy Benjamin $157,500
Previous Owner Radcliffe David Patrick $219,925
Closed Radcliffe David Patrick $54,981
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2023 02/22/23 Sold -- -- --
01/25/2023 01/25/23 Pending -- -- --
01/09/2023 01/09/23 For Sale $600,000 -- $337 / 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 $10,116 $507,590 $48,740 $458,850
2022 $12,692 $507,590 $48,740 $458,850
2021 $13,390 $507,590 $48,740 $458,850
2020 $11,354 $418,540 $48,740 $369,800
2019 $11,908 $418,540 $48,740 $369,800
2018 $10,170 $374,010 $36,550 $337,460
2017 $10,338 $374,010 $36,550 $337,460
2016 $9,250 $340,170 $36,550 $303,620
2015 $8,037 $340,170 $36,550 $303,620
2014 $8,037 $288,270 $36,550 $251,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20232097

North Texas Real Estate Information Systems (NTREIS)

APN: 00C01020000000513