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2231 Madera Street

2231 Madera Street, Dallas, TX 75206
Sold Nov 16, 2020
$925,000
$740,000 by Guaranteed Rate Inc
Mortgage Due Dec 01, 2050
Sold Sep 08, 2016
$265,000
2231 Madera Street has been categorized by the local assessors in Dallas, TX as a residential type of property. The building on the property was first built in 2016 and is 8 years old. The home has a total of 4 bedrooms. Residents will have access to 5 full bathrooms. There are 6 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2231 Madera Street has 4,200 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 7,500 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 462 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as excellent. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a flat style roof made of composition shingle. The exterior walls of the building are made of stucco. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. The building on the property is connected to a sewer system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2231 Madera Street was last sold in Nov 13, 2020 for $925,000. According to our calculations, that's $198.41 per sqft. Prior to that sales transaction, the property was sold for $265,000 in Jul 17, 2016. Current property owners are expected to pay $21,191 in taxes per year. The property on 2231 Madera Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,018,670. To break that down further, the land itself was valued at $300,000. While improvements to the property were assessed at a total of $718,670. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Condition

New Construction

Exterior

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

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: Excellent
  • Construction Type: Frame
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 462
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 4,662
  • Building Area: 4,200
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,200
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ROSS AVE ANNEX
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROSS AVE ANNEX BLK D/1979 LOT 3 INT202000316568 DD11132020 CO-DC 1979 00D 00300 1001979 00D

Ownership

  • Current Owner : BHAGWAT YASHODA Y
  • Current Owner 2: RANA SUNDEEP V
  • Previous Owner : TEXAS GTM INVESTMENT LLC
  • Owner Before Previous Owner: ANTILLON MANUEL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dallas Independent School District
  • Census Tract: 001002

Zoning

  • Zoning: Z298

Geography

  • Assessors Map Reference: 000001913320000
  • Account Number: 000001913320000
  • Parcel: 00-00019-133-200-0000
  • Block: D/197
  • Lot: 3
  • Municipality: DALLAS
  • Latitude: 32.8147
  • Longitude: -96.777

    Address

  • Full Address: 2231 Madera St
  • Address - House Number: 2231
  • Address - Street Name: Madera
  • Address - Suffix Type: St
  • State: TX
  • City Name: Dallas
  • Carrier Code: C012
  • 4-Digit Zip Code: 7139
  • Zip Code: 75206

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $21,191
  • Tax Rate Code Area: DS

    Appraisal Valuation

  • Standard Deviation: 0.226
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 68
  • Final Value: 1,325,253
  • High Value: 1,624,835
  • Low Value: 1,025,670

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $740,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Nov 16, 2020
  • First Open Lien Mortgage Loan Amount: $740,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $1,018,670
  • Market Land Value: $300,000
  • Market Improvement Value: $718,670

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,018,670
  • Assessed Land Value: $300,000
  • Assessed Improvements Value: $718,670

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 13, 2020
  • Current Sale Recording Date: Nov 16, 2020
  • Current Sale Transaction ID: 11801838592
  • Current Sale Price: $925,000
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 202000316568
  • Previous Sale Recording Date: Sep 08, 2016
  • Previous Sale Contract Date: Jul 17, 2016
  • Previous Sale Amount: $265,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Nov 16, 2020
  • First Mortgage Loan Amount: $740,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

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Frequently Asked Questions

What neighborhood is 2231 Madera Street located in?
The 2231 Madera Street is a house located in the neighborhood of Central Dallas in Central Dallas, Dallas.
What is the average sales price for listings in 2231 Madera Street?
The average sales price for units in 2231 Madera Street is $0 currently.

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