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3736 Potomac Avenue

3736 Potomac Avenue, Dallas, TX 75205
Sold Dec 05, 2018
$2,788,819
$5,000,000 by Independent Bank
Mortgage Due Dec 03, 2050
Sold Sep 02, 1993
$745,300
$596,250 by Newamerica Svgs Bank Fsb
Mortgage Due Sep 01, 2023
Local assessors in Dallas, TX have categorized 3736 Potomac Avenue as a residential type of property. The home was built in 2020 and is 4 years old. The property's lot size has been calculated to be 16,750 square feet. The linear feet between the front and back of the lot was measured at 1,670 ft and the front of the lot was measured at 1,000 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, 7 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 7 full bathrooms. There are also 8 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 3736 Potomac Avenue has a total of 10,738 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 816 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 poor. 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 or hip style roof that was made of composition shingle. Lots of unknown 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, 3736 Potomac Avenue sold most recently in Dec 4, 2018 for a total of $2,788,819. If you work out the math, that's approximately a cost of $241.37 per sqft. Before that, the property was also sold for $745,300 in Aug 27, 1993. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $115,520 in taxes each year. 3736 Potomac Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $10,000,000. If we break it down further, the land itself was valued at $3,350,000. Improvements to the property, however, were assessed at a total of $6,650,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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 / Wood Exterior
Wood Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 7
  • Bathroom Count: 8
  • Full Bathrooms: 7
  • Partial Bathrooms: 8
  • Building Condition: Poor
  • Construction Type: Frame
  • Roof Shape Type: Gable or hip
  • 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: 816
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 16,750
  • Lot Size Depth Feet: 1,670
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 11,554
  • Building Area: 10,738
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 10,738
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: A C BOOKOUT
  • Land Acres: 0.385
  • Standard Land Use Code: Single family residential
  • Legal Description 1: A C BOOKOUT BLK 4 LTS 11 & 12 INT201900111713 DD04292019 CO-DC 0165000401100 16901650004

Ownership

  • Current Owner : COMPASS BANK
  • Current Owner 2: BBVA COMPASS
  • Previous Owner : STEWART GLENN
  • Previous Owner 2: STEWART JUDITH R
  • Owner Before Previous Owner: CONCHA MARIO
  • Owner Before Previous Owner 2: CONCHA MAREN MCCUNE

Neighborhood

  • School District Name: Highland Park Independent School District
  • School Tax School District: HIGHLAND PK ISD
  • Census Tract: 019700

Zoning

  • Zoning: Z227

Geography

  • Assessors Map Reference: 600165000401100
  • Account Number: 600165000401100
  • Subdivision Tract Number: 1650
  • Parcel: 60-01650-004-011-0000
  • Block: 4
  • Lot: 11,12
  • Municipality: HIGHLAND PARK
  • Latitude: 32.838
  • Longitude: -96.7953

    Address

  • Full Address: 3736 Potomac Ave
  • Address - House Number: 3736
  • Address - Street Name: Potomac
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Dallas
  • Carrier Code: C029
  • 4-Digit Zip Code: 2113
  • Zip Code: 75205

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $115,520
  • Tax Rate Code Area: TH

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $5,000,000
  • First Open Lien Mortgage Lender: INDEPENDENT BANK
  • First Open Lien Mortgage Recording Date: Dec 03, 2020
  • First Open Lien Mortgage Loan Amount: $5,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Dec 03, 2050

    Market Valuation

  • Market Total Value: $10,000,000
  • Market Land Value: $3,350,000
  • Market Improvement Value: $6,650,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,000,000
  • Assessed Land Value: $3,350,000
  • Assessed Improvements Value: $6,650,000

    Sales

  • Current Sale Contract Date: Dec 04, 2018
  • Current Sale Recording Date: Dec 05, 2018
  • Current Sale Transaction ID: 11542654066
  • Current Sale Price: $2,788,819
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)
  • Current Sale Input Document Number: 201800319776
  • Previous Sale Recording Date: Sep 02, 1993
  • Previous Sale Contract Date: Aug 27, 1993
  • Previous Sale Amount: $745,300
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: NEWAMERICA SVGS BANK FSB
  • Previous Mortgage Transaction Date: Sep 02, 1993
  • Previous Mortgage Loan Amount: $596,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2023

About Highland Park



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 3736 Potomac Avenue located in?
The 3736 Potomac Avenue is a house located in the neighborhood of Highland Park in Highland Park, Dallas.
What is the average sales price for listings in 3736 Potomac Avenue?
The average sales price for units in 3736 Potomac Avenue is $0 currently.

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