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16 Royal Way

16 Royal Way, Dallas, TX 75229
Sold Oct 10, 2019
$500,000
$200,000 by Bank Of America, N.a.
Mortgage Due Aug 08, 2053
Sold Oct 11, 2017
$530,100
$424,100 by Gardner Financial Services Ltd
Mortgage Due Nov 01, 2047
Local assessors in Dallas, TX have categorized 16 Royal Way as a residential type of property. The home was built in 1979 and is 45 years old. It was most recently renovated and altered in 1995. The property's lot size has been calculated to be 9,930 square feet. The linear feet between the front and back of the lot was measured at 2,440 ft and the front of the lot was measured at 210 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 5 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 16 Royal Way has a total of 3,614 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 600 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is excellent. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of materials that we aren't sure of. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 16 Royal Way sold most recently in Oct 1, 2019 for a total of $500,000. If you work out the math, that's approximately a cost of $118.65 per sqft. Before that, the property was also sold for $530,100 in Oct 10, 2017. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $13,581 in taxes each year. 16 Royal Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $809,740. If we break it down further, the land itself was valued at $300,000. Improvements to the property, however, were assessed at a total of $509,740. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Excellent
  • Construction Type: Frame
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 600
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,930
  • Lot Size Depth Feet: 2,440
  • Lot Size Frontage Feet: 210
  • Total Building Area: 4,214
  • Building Area: 3,614
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,614
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FIFTY SEVEN HUNDRED ROYAL
  • Land Acres: 0.228
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FIFTY SEVEN HUNDRED ROYAL BLK A/5506 LOT 13 INT201900272557 DD10012019 CO-DC 5506 00A 01300 1005506 00A

Ownership

  • Current Owner : LARKIN CAMERON
  • Current Owner 2: LARKIN JANE
  • Previous Owner : BAILEY MELVIN D
  • Previous Owner 2: BAILEY BETH A
  • Owner Before Previous Owner: HYATT JAMES THOMAS
  • Owner Before Previous Owner 2: HYATT RAMONA C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dallas Independent School District
  • School Tax School District: DALLAS ISD
  • Census Tract: 007605

Zoning

  • Zoning: Z239

Geography

  • Assessors Map Reference: 000004146947200
  • Account Number: 000004146947200
  • Parcel: 00-00041-469-472-0000
  • Block: A/550
  • Lot: 13
  • Municipality: DALLAS
  • Latitude: 32.893
  • Longitude: -96.8093

    Address

  • Full Address: 16 Royal Way
  • Address - House Number: 16
  • Address - Street Name: Royal
  • Address - Suffix Type: Way
  • State: TX
  • City Name: Dallas
  • Carrier Code: C027
  • 4-Digit Zip Code: 5537
  • Zip Code: 75229

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,581
  • Tax Rate Code Area: DS

    Appraisal Valuation

  • Standard Deviation: 0.2268
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 68
  • Final Value: 1,045,025
  • High Value: 1,282,042
  • Low Value: 808,009

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA, N.A.
  • First Open Lien Mortgage Recording Date: Aug 17, 2023
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Aug 08, 2053

    Market Valuation

  • Market Total Value: $809,740
  • Market Land Value: $300,000
  • Market Improvement Value: $509,740

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $809,740
  • Assessed Land Value: $300,000
  • Assessed Improvements Value: $509,740

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 01, 2019
  • Current Sale Recording Date: Oct 10, 2019
  • Current Sale Transaction ID: 11662070626
  • Current Sale Price: $500,000
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 201900272557
  • Previous Sale Recording Date: Oct 11, 2017
  • Previous Sale Contract Date: Oct 10, 2017
  • Previous Sale Amount: $530,100
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Oct 10, 2019
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: GARDNER FINANCIAL SERVICES LTD
  • Previous Mortgage Transaction Date: Oct 11, 2017
  • Previous Mortgage Loan Amount: $424,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2047

About North Central Dallas



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Nearby Rentals

Unit for rent at

$2,798 /mo

  • 1 Bed
  • 1.5 Baths
Listing by Melissa Mettry

Frequently Asked Questions

What neighborhood is 16 Royal Way located in?
The 16 Royal Way is a house located in the neighborhood of North Central Dallas in North Central Dallas, Dallas.
What is the average sales price for listings in 16 Royal Way?
The average sales price for units in 16 Royal Way is $0 currently.

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