NOT LISTED FOR SALE

588 Lofts 3110 Thomas Ave Unit 707 Dallas, TX 75204

Uptown Neighborhood

Estimated Value: $406,822 - $457,000

1 Bed
1.5 Baths
914 Sq Ft
$206/mo HOA Fee

Last Sold September 16, 2022

Current estimated payment $2,781/month

5 Days on Market

Highlights

  • Fitness Center
  • Gated Parking
  • 1.17 Acre Lot
  • In Ground Pool
  • Gated Community
  • 1-minute walk to Griggs Park

About This Home

As of September 2022

Modern, open floor-plan, two story loft-style condo in the heart of State Thomas in the highly coveted 588 Condos! Located in one of the hottest areas of Dallas within walking distance of Griggs Park as well as other neighborhood hotspots with bars and restaurants, the location couldn’t be more convenient. The condo features soaring ceilings, great views, and floor to ceiling windows with electronic shades. Smart features include dual Nest thermostats and a Utech door lock. A new SS oven-range and upstairs ceiling fan have been installed. Enjoy the uptown Dallas lifestyle with on-sight management as well as community features including a pool, fitness facility, multiple resident relaxation areas, and a rooftop deck with a built-in grill and expansive downtown views. All of this with very reasonable HOA dues makes this the perfect home. Won’t last long. Schedule your showing today!

Last Agent to Sell the Property

Michael Hairston

Orchard Brokerage, LLC License #0683814 Listed on: 08/09/2022

Last Buyer's Agent

Donna Gill

Keller Williams Legacy License #0625931

Keller Williams Legacy

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,061

Year Built

  • Built in 1998

Lot Details

  • 1.17

HOA Fees

  • $206 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Gated Parking
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Brick Exterior Construction
  • Slab Foundation
  • Concrete Siding

Interior Spaces

  • 914 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Shades

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

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

Pool

  • In Ground Pool
  • Gunite Pool

Schools

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

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1A / U/588
  • Assessor Parcel Number 00C01020000000707
  • $8,198 per year unexempt tax

Community Details

Overview

  • Association fees include full use of facilities, insurance, ground maintenance, maintenance structure, management fees, security
  • Somerset HOA, Phone Number (214) 239-4530
  • High-Rise Condominium
  • 588 Condos Subdivision
  • Mandatory home owners association

Recreation

Additional Features

  • Elevator
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,061

Year Built

Built in 1998

Lot Details

0

HOA Fees

$206 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary/Modern, Loft, Split Level
  • Structural Style: Condo/Townhome, Hi Rise
  • Unit Levels: Two
  • 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
  • Special Features: None
  • Year Built: 1998

Interior Features

  • Square Footage: 914.00
  • Windows: Electric Shades
  • Interior Amenities: Cable TV Available, High Speed Internet Available, Open Floorplan, Pantry
  • Flooring: Concrete, Wood
  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Plumbed for Ice Maker, Refrigerator
  • Basement YN: No
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 6

Beds/Baths

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

Exterior Features

  • Pool: Yes
  • Foundation: Slab
  • Community Features: Common Elevator, Community Pool, Fitness Center, Gated
  • Roof: Other
  • Construction Materials: Brick, Concrete
  • Pool Features: Gunite, In Ground

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Garage Spaces: 1
  • Total Covered Spaces: 1
  • Parking Features: Assigned, Garage, Gated
  • 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

Condo/Co-op/Association

  • HOA Fee Includes: Full Use of Facilities, Insurance, Maintenance Grounds, Maintenance Structure, Management Fees, Security
  • Complex Name: 588 Condominiums
  • Association Fee: 206
  • Association Fee Frequency: Monthly
  • Association Type: Mandatory
  • Hoa Management Company: Somerset
  • HOA Management Company: 214-239-4530

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 1 to < 3 Acres
  • Lot Size Units: Acres
  • Lot Size Area: 1.1740
  • Parcel Number: 00C01020000000707
  • Lot Size Acres: 1.1740
  • Lot Size Sq Ft: 51139.4400

Green Features

  • Smart Home Features Appor Pass Y: Yes

Building Info

  • Year Built: 1998

Tax Info

  • Unexempt Taxes: 8198
  • 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
Aug 9, 2022
Closed on
Sep 16, 2022
Sold by
Stefanucci Jeffrey
Bought by
Parenti Thomas and Parenti James Alison
Seller's Agent
Michael Hairston
Orchard Brokerage, LLC
Buyer's Agent
Donna Gill
Keller Williams Legacy
List Price
$399,000
Views
2
Current Estimated Value
$426,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.29%
Original Mortgage
$360,000
Outstanding Balance
$344,209
Interest Rate
4.99%
Mortgage Type
Balloon
Estimated Equity
$82,497

Purchase Details

Listed on
Jan 6, 2021
Closed on
Mar 5, 2021
Sold by
Evans David and Evans Colby
Bought by
Stefanucci Jeffrey
Seller's Agent
Ronnie Evans
Myers & Chambers R/E
Buyer's Agent
Michael Hairston
Orchard Brokerage, LLC
List Price
$338,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.45%
Original Mortgage
$312,075
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 1, 2017
Closed on
Feb 1, 2018
Sold by
Vahdani Christopher
Bought by
Evans David
Seller's Agent
John Prell
Creekview Realty
Buyer's Agent
Ronnie Evans
Myers & Chambers R/E
List Price
$314,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.32%
Original Mortgage
$293,550
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2013
Sold by
Surroz Ryan
Bought by
Vahdani Christopher Sohrab

Purchase Details

Closed on
Mar 21, 2008
Sold by
Meserve Nicholas
Bought by
Surroz Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,500
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2005
Sold by
Block 588 Condominium Development Lp
Bought by
Meserve Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,120
Interest Rate
5.67%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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
Parenti Thomas -- Capital Title
Stefanucci Jeffrey -- Providence Title Company
Evans David -- Wfg National Title Co
Vahdani Christopher Sohrab -- Rtt
Surroz Ryan -- Atc
Meserve Nicholas -- Rtt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parenti Thomas $360,000
Previous Owner Stefanucci Jeffrey $312,075
Previous Owner Evans David $293,550
Previous Owner Surroz Ryan $151,500
Previous Owner Meserve Nicholas $159,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold -- -- --
08/14/2022 08/14/22 Pending -- -- --
08/09/2022 08/09/22 For Sale $399,000 +18.0% $437 / Sq Ft
03/05/2021 03/05/21 Sold -- -- --
02/01/2021 02/01/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $338,000 +7.3% $370 / Sq Ft
02/01/2018 02/01/18 Sold -- -- --
12/21/2017 12/21/17 Pending -- -- --
11/01/2017 11/01/17 For Sale $314,900 -- $345 / 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 $3,061 $402,160 $25,010 $377,150
2024 $3,061 $402,160 $25,010 $377,150
2023 $3,061 $310,760 $25,010 $285,750
2022 $7,770 $310,760 $25,010 $285,750
2021 $8,198 $310,760 $25,010 $285,750
2020 $8,307 $306,190 $25,010 $281,180
2019 $8,712 $306,190 $25,010 $281,180
2018 $7,953 $292,480 $18,760 $273,720
2017 $6,462 $237,640 $18,760 $218,880
2016 $6,058 $222,790 $18,760 $204,030
2015 $4,672 $222,790 $18,760 $204,030
2014 $4,672 $205,440 $18,760 $186,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20136929

North Texas Real Estate Information Systems (NTREIS)

APN: 00C01020000000707