Angleridge

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The Dallas house features a stylish giraffe-style paint job
The Dallas house features a stylish giraffe-style paint job

[edit] 9524 Angleridge Rd, Dallas, TX 75238

Address: 9524 Angleridge Rd, Dallas, TX 75238

Description: 5 bdrm / 4 bath / 0 car (another garage conversion); 2,874 sf, 7,210 sf lot; built 1964

Financing:

Balance: 194,600 @ 14%.

Payments: $2,270/mo

Taxes and Insurance: Insurance pre-paid till May 2007 (one year). Taxes paid separately at aprox $7,030 per year based on 2005 rates, or about $585 per month. Tax credit was received for the buyer’s portion at purchase, meaning that the entire year-to-date taxes will be owed at re-sale. If closed October 1st 2006, taxes due would have been $5858.

Loan type: hard money loan May 5, 2006 with remaining principal due June 1, 2007

History:

  • Sep 29, 2006: offer on the table via a direct buyer (not via MLS). In negotiations, and accepting backup offers.
  • Nov 7, 2006: The buyer didn’t close. The lender foreclosed on the house.
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[edit] References

Angleridge Property Page on IAFF, September 11 2006

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