NOT LISTED FOR SALE

588 Lofts 3110 Thomas Ave Unit 725 Dallas, TX 75204

Uptown Neighborhood

Estimated Value: $744,000 - $835,000

2 Beds
2 Baths
2,343 Sq Ft
$529/mo HOA Fee

Last Sold October 17, 2022

Current estimated payment $5,770/month

Highlights

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

About This Home

As of October 2022

2-story loft w unobstructed downtown, uptown and Griggs Park views. Expansive living-dining area w wall of windows opening to a large balcony. Open kitchen w like-new SS GE Profile appliances, numerous cherrywood cabinets, granite counters + farmer sink. Guest bedroom + bath down, large loft-bedroom up + huge primary w sitting area + bath up. Primary bath features large travertine walk-in, separate tub + double vanity. California closet. Listing agent has familial relationship.

Last Agent to Sell the Property

Happiness Edwards

Compass RE Texas, LLC. License #0697505 Listed on: 09/19/2022

Compass RE Texas, LLC.

Last Buyer's Agent

NON-MLS MEMBER

NON MLS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,234

Year Built

  • Built in 1998

Lot Details

  • Adjacent to Greenbelt
  • Aluminum or Metal Fence

HOA Fees

  • $529 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • On-Street Parking
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Pillar, Post or Pier Foundation

Interior Spaces

  • 2,343 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Loft
  • Full Size Washer or Dryer

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Built-In Refrigerator
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Stone
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Pool

  • In Ground Pool
  • Fence Around Pool
  • Gunite Pool

Outdoor Features

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00c01020000000725
  • Tax Block U588

Community Details

Overview

  • Association fees include ground maintenance, management fees
  • Somerset Association Management HOA, Phone Number (214) 880-1732
  • 588 Condos Subdivision
  • Mandatory home owners association

Amenities

  • Elevator
  • Community Mailbox

Recreation

  • Park

Security

  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,234

Year Built

Built in 1998

Lot Details

0

HOA Fees

$529 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary/Modern
  • Structural Style: Condo/Townhome
  • Unit Levels: Two
  • Restrictions: No Smoking, No Sublease, No Waterbeds
  • Floor Location Number: 7
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Attribution Contact: 214-814-8100
  • Special Features: None
  • Stories: 11
  • Year Built: 1998

Interior Features

  • Square Footage: 2343.00
  • Interior Amenities: Cable TV Available, High Speed Internet Available, Loft, Vaulted Ceiling(s)
  • Flooring: Concrete, Stone
  • Appliances: Built-in Refrigerator, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed for Ice Maker
  • Basement YN: No
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 2
  • Room Count: 3

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Pool: Yes
  • Foundation: Pillar/Post/Pier
  • Community Features: Common Elevator, Community Pool, Fitness Center, Gated, Park
  • Fencing: Fenced, Metal
  • Roof: Other
  • Construction Materials: Other
  • Exterior Features: Balcony
  • Pool Features: Fenced, Gunite, In Ground

Garage/Parking

  • Cooling System: Central Air, Electric, Zoned
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: Assigned, Garage, On Street
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric, Zoned
  • LaundryFeatures: Full Size W/D Area
  • Utilities: City Sewer, City Water, Community Mailbox

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Management Fees
  • Complex Name: 588 Lofts
  • Association Fee: 529
  • Association Fee Frequency: Monthly
  • Association Type: Mandatory
  • Hoa Management Company: Somerset Association Management
  • HOA Management Company: 214-880-1732

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 1 to < 3 Acres
  • Lot Features: Adjacent to Greenbelt
  • Lot Size Units: Acres
  • Lot Size Area: 1.1740
  • Parcel Number: 00c01020000000725
  • 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

  • TaxBlock: U588

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2022
Closed on
Oct 17, 2022
Sold by
Edwards Christopher J
Bought by
Aduddell Bryan
Seller's Agent
Happiness Edwards
Compass RE Texas, LLC.
Buyer's Agent
NON-MLS MEMBER
NON MLS
List Price
$720,000
Sold Price
$720,000
Current Estimated Value
$779,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,423
Avg. Annual Appreciation
3.35%
Original Mortgage
$700,000
Outstanding Balance
$674,387
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$113,748

Purchase Details

Closed on
Nov 7, 2008
Sold by
Wells Fargo Bank Na
Bought by
Edwards Christopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,900
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 2008
Sold by
Layne Skinner G
Bought by
Wells Fargo Bank Na and Option One Mortgage Loan Trust 2006-3 As

Purchase Details

Closed on
Jun 8, 2006
Sold by
Hunt Ansley A and Hunt Jennifer L
Bought by
Layne Skinner G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,050
Interest Rate
6.56%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 8, 2005
Sold by
Block 588 Condominium Development Lp
Bought by
Hunt Ansley A and Hunt Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,320
Interest Rate
5%
Mortgage Type
Fannie Mae Freddie Mac
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
Aduddell Bryan -- --
Edwards Christopher J -- Lsi Title Agency
Wells Fargo Bank Na $384,497 None Available
Layne Skinner G -- Atc
Hunt Ansley A -- Rtt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aduddell Bryan $700,000
Previous Owner Edwards Christopher J $382,500
Previous Owner Edwards Christopher J $265,245
Previous Owner Edwards Christopher J $279,900
Previous Owner Layne Skinner G $70,050
Previous Owner Layne Skinner G $373,600
Previous Owner Hunt Ansley A $346,320
Previous Owner Hunt Ansley A $64,935
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2022 10/17/22 Sold -- -- --
09/19/2022 09/19/22 Pending -- -- --
09/19/2022 09/19/22 For Sale $720,000 0.0% $307 / Sq Ft
06/27/2013 06/27/13 Rented $3,100 0.0% --
06/27/2013 06/27/13 For Rent $3,100 +24.0% --
01/17/2012 01/17/12 Rented $2,500 0.0% --
01/17/2012 01/17/12 For Rent $2,500 -- --
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
2024 $11,234 $691,190 $64,080 $627,110
2023 $11,234 $574,040 $64,080 $509,960
2022 $14,353 $574,040 $64,080 $509,960
2021 $15,143 $574,040 $64,080 $509,960
2020 $14,619 $538,890 $64,080 $474,810
2019 $15,333 $538,890 $64,080 $474,810
2018 $13,868 $510,000 $48,060 $461,940
2017 $14,335 $527,180 $48,060 $479,120
2016 $11,214 $412,370 $48,060 $364,310
2015 $8,092 $412,370 $48,060 $364,310
2014 $8,092 $349,900 $48,060 $301,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20162352

North Texas Real Estate Information Systems (NTREIS)

APN: 00C01020000000725