Check Availability

3022 Selma Lane

3022 Selma Lane, Dallas, TX 75234
Sold Feb 26, 2004
Transfer
$76,000 by North Dallas Bank & Trust Co.
Mortgage Due Jan 27, 2048
Sold Jul 05, 1995
$110,000
$88,000 by Mercantile Banc & Trst
Mortgage Due Jul 01, 2025
3022 Selma Lane in Dallas, TX was first built in 1961 and is 63 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 3022 Selma Lane has 2,659 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,000 ft and the linear feet between the front and back of the lot is 2,230. In total, the area measurement of the land is 22,375 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. Water for the property is sourced from a municipal system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 475 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as good. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $110,000 in Jun 22, 1995. 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 $4,191 in taxes each year. 3022 Selma Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $519,110. If we break it down further, the land itself was valued at $360,000. Improvements to the property, however, were assessed at a total of $159,110. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Frame
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 475
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 22,375
  • Lot Size Depth Feet: 2,230
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,134
  • Building Area: 2,659
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,659
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: VALLEY VIEW ESTATES 3
  • Land Acres: 0.514
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VALLEY VIEW ESTATES 3 BLK G LOT 4 VOL95129/1082 DD062295 CO-DALLAS 1825000700400 12418250007

Ownership

  • Current Owner : IBARRA RAQUEL
  • Previous Owner : HALLIBURTON JULIA E
  • Owner Before Previous Owner: JUDD THOMAS TRAVERS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Carrollton-Farmers Branch Independent School District
  • School Tax School District: CAR-FARM BR ISD
  • Census Tract: 014001

Zoning

  • Zoning: Z219

Geography

  • Assessors Map Reference: 241825000700400
  • Account Number: 241825000700400
  • Subdivision Tract Number: 18250
  • Parcel: 24-18250-007-004-0000
  • Block: G
  • Lot: 4
  • Municipality: FARMERS BRANCH
  • Latitude: 32.9188
  • Longitude: -96.8756

    Address

  • Full Address: 3022 Selma Ln
  • Address - House Number: 3022
  • Address - Street Name: Selma
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Dallas
  • Carrier Code: C015
  • 4-Digit Zip Code: 6433
  • Zip Code: 75234

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,191
  • Tax Rate Code Area: DC

    Appraisal Valuation

  • Standard Deviation: 0.2093
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 71
  • Final Value: 684,963
  • High Value: 828,359
  • Low Value: 541,567

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $76,000
  • First Open Lien Mortgage Lender: NORTH DALLAS BANK & TRUST CO.
  • First Open Lien Mortgage Recording Date: Mar 02, 2023
  • First Open Lien Mortgage Loan Amount: $76,000
  • First Open Lien Mortgage Term: 297
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jan 27, 2048

    Market Valuation

  • Market Total Value: $519,110
  • Market Land Value: $360,000
  • Market Improvement Value: $159,110

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $519,110
  • Assessed Land Value: $360,000
  • Assessed Improvements Value: $159,110

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 16, 2004
  • Current Sale Recording Date: Feb 26, 2004
  • Current Sale Transaction ID: 1203943365
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 05, 1995
  • Previous Sale Contract Date: Jun 22, 1995
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: MERCANTILE BANC & TRST
  • Previous Mortgage Transaction Date: Jul 05, 1995
  • Previous Mortgage Loan Amount: $88,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2025

About Valley View Estates



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 3330 Courtyard Place, Farmers Branch, TX, 75234

$3,950 /mo

  • 4 Beds
  • 3 Baths
  • 2,926 ft²
3330 Courtyard Place, Farmers Branch, TX, 75234 Listing by Denton Aguam
Unit for rent at 3723 Truesdell Place, Dallas, TX, 75244

$3,500 /mo

  • 4 Beds
  • 2 Baths
  • 2,265 ft²
3723 Truesdell Place, Dallas, TX, 75244 Listing by Nita Advani
Unit for rent at 10928 Lathrop Drive, Dallas, TX, 75229

$3,500 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,977 ft²
10928 Lathrop Drive, Dallas, TX, 75229 Listing by Ariana Rucci
Unit for rent at 3141 Palmdale Circle, Farmers Branch, TX, 75234

$3,800 /mo

  • 3 Beds
  • 2 Baths
  • 2,157 ft²
3141 Palmdale Circle, Farmers Branch, TX, 75234 Listing by Roni Henderson

Frequently Asked Questions

What neighborhood is 3022 Selma Lane located in?
The 3022 Selma Lane is a located in the neighborhood of Valley View Estates in Valley View Estates, Dallas.
What is the average sales price for listings in 3022 Selma Lane?
The average sales price for units in 3022 Selma Lane is $0 currently.

Quantcast