tomo logo

$7,499,000

Beds
5
Baths
8.0
sq ft
7,926

5800 Armstrong Pkwy, Dallas, TX 75205

5800 Armstrong Pkwy

University Park, TX 75205

  • 125 days on market
Gorgeous home close to Bradfield elementary! Cozy and warm! It has five beautiful bedrooms all with ensuite baths, elevator, designer touches throughout home. Seller has just added beautiful hardwoods in master suite. The home was designed by Richard Drummond Davis and built by Gustafson Custom Homes. The first floor features family and formal living room, breakfast room, sunroom with pillowed limestone veneer walls, library , mud room and wine area along with the spectacular large kitchen which includes three dishwashers, espresso machine, warming drawer and more. Luxurious materials from Ann Sacks throughout home with European elements blending old world charm and contemporary refinement. Lutron lighting throughout the home. Other features include a porte-cochere and motor court. Outside has beautiful and extensive landscaping lighting.Full quarters above garage. This stunning home is perfect for the most discerning buyers!

Details

Property type

Single Family Residence

Est. home value

$4,986,147

Lot size

0.294 acres

Price per sq ft

$947

Year built

2003

Annual property taxes

$69,378

Price History

10/28/2024
NTREIS

NTREIS #20675544

Listed
$7,499,000
09/28/2024
NTREIS

NTREIS #20675544

Removed
07/22/2024
NTREIS

NTREIS #20675544

Listed
$7,499,000

Schools & Community

Elementary school: 

Bradfield

Middle school: 

Highland Park

High school: 

Highland Park

School district: 

Highland Park ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Ennkar Inc

Loan start date

November 2021

Original loan amount

$24,000,000

Est. remaining balance

Not provided

Interest rate

2.88%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage)

Seller

Michael Florimbi and Rhonda Florimbi

Lender

Aspire Financial

Loan start date

August 2005

Original loan amount

$1,500,000

Est. remaining balance

Not provided

Interest rate

5.62%

Loan type

Stand Alone First, 30 year

Seller

Michael G Florimbi and Rhonda R Thomas

Lender

Century Bank Na

Loan start date

December 2004

Original loan amount

$999,900

Est. remaining balance

$534,518

Interest rate

5.74%

Loan type

Not Provided, 30 year

Seller

Michael G Florimbi and Rhonda R Thomas

Lender

Legacy Bank Of Texas

Loan start date

May 2000

Original loan amount

$390,000

Est. remaining balance

$0

Interest rate

10%

Loan type

Not Provided, 1 year

Seller

Michael G Florimbi and Rhonda R Thomas

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/24/2024 at 8:00 PM

Listing updated: 11/05/2024 at 11:07 AM

Listed by: Therese Rourk, Compass RE Texas, LLC. Phone #: (214) 814-8100

MLS: NTREIS #20675544

NTREIS logo

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