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3407 Drexel Drive

3407 Drexel Drive, Dallas, TX 75205
Sold Aug 28, 2020
$2,493,800
$1,995,000 by Bbva Usa
Mortgage
Sold Jun 20, 2008
$2,620,300
$2,096,250 by First Republic Bank
Mortgage Due Jul 01, 2038
Local assessors in Dallas, TX have categorized 3407 Drexel Drive as a residential type of property. The home was built in 2004 and is 20 years old. The property's lot size has been calculated to be 9,750 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 650 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, 6 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 6 full bathrooms. There are also 7 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3407 Drexel Drive has a total of 6,278 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 708 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 hip style roof that was made of tile. Lots of stucco 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, 3407 Drexel Drive sold most recently in Aug 26, 2020 for a total of $2,493,800. If you work out the math, that's approximately a cost of $356.97 per sqft. Before that, the property was also sold for $2,620,300 in Jun 17, 2008. 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 $41,630 in taxes each year. 3407 Drexel Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,785,580. If we break it down further, the land itself was valued at $1,755,000. Improvements to the property, however, were assessed at a total of $1,030,580. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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

Stucco Exterior

Parking

Attached Garage
Open Parking
Oversized Parking
Tandem Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 708
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 9,750
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 650
  • Total Building Area: 6,986
  • Building Area: 6,278
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 6,278
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HIGHLAND PARK 4TH INST
  • Land Acres: 0.224
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HIGHLAND PARK 4TH INST BLK 51 35FT LT 7 & 30FT LT 8 INT202000233375 DD08262020 CO-DC 0845005100700 2TH08450051

Ownership

  • Current Owner : HARPER CHAUN PIERRE
  • Current Owner 2: FRANCIS HARPER CECILIA
  • Previous Owner : MAESE FEDERICO
  • Owner Before Previous Owner: CROSLAND LUCIEN B
  • Owner Before Previous Owner 2: CROSLAND MARY K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Highland Park Independent School District
  • School Tax School District: HIGHLAND PK ISD
  • Census Tract: 019600

Zoning

  • Zoning: Z227

Geography

  • Assessors Map Reference: 600845005100700
  • Account Number: 600845005100700
  • Subdivision Tract Number: 8450
  • Parcel: 60-08450-051-007-0000
  • Block: 51
  • Lot: 7,8
  • Municipality: HIGHLAND PARK
  • Latitude: 32.8352
  • Longitude: -96.7878

    Address

  • Full Address: 3407 Drexel Dr
  • Address - House Number: 3407
  • Address - Street Name: Drexel
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Dallas
  • Carrier Code: C010
  • 4-Digit Zip Code: 2903
  • Zip Code: 75205

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $41,630
  • Tax Rate Code Area: TH

    Appraisal Valuation

  • Standard Deviation: 0.2183
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 70
  • Final Value: 3,268,931
  • High Value: 3,982,670
  • Low Value: 2,555,192

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $2,564,715
  • First Open Lien Mortgage Lender: BBVA USA
  • First Open Lien Mortgage Recording Date: Aug 28, 2020
  • First Open Lien Mortgage Loan Amount: $1,995,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: BBVA USA
  • Second Open Lien Mortgage Recording Date: Aug 28, 2020
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $569,715
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $2,785,580
  • Market Land Value: $1,755,000
  • Market Improvement Value: $1,030,580

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,785,580
  • Assessed Land Value: $1,755,000
  • Assessed Improvements Value: $1,030,580

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 26, 2020
  • Current Sale Recording Date: Aug 28, 2020
  • Current Sale Transaction ID: 11785014511
  • Current Sale Price: $2,493,800
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 202000233375
  • Previous Sale Recording Date: Jun 20, 2008
  • Previous Sale Contract Date: Jun 17, 2008
  • Previous Sale Amount: $2,620,300
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: BBVA USA
  • First Mortgage Transaction Date: Aug 28, 2020
  • First Mortgage Loan Amount: $1,995,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: FIRST REPUBLIC BANK
  • Previous Mortgage Transaction Date: Jun 20, 2008
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $2,096,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2038

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Frequently Asked Questions

What neighborhood is 3407 Drexel Drive located in?
The 3407 Drexel Drive is a house located in the neighborhood of Highland Park in Highland Park, Dallas.
What is the average sales price for listings in 3407 Drexel Drive?
The average sales price for units in 3407 Drexel Drive is $0 currently.

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