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3932 Potomac Avenue

3932 Potomac Avenue, Dallas, TX 75205
Sold May 16, 2022
Transfer
Sold Apr 05, 2016
$3,763,800
$3,011,000 by Parklane Investments Inc
Mortgage Due Mar 30, 2017
Local assessors in Dallas, TX have categorized 3932 Potomac Avenue as a residential type of property. The home was built in 2018 and is 6 years old. The property's lot size has been calculated to be 23,348 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 1,150 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, 4 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 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 3932 Potomac Avenue has a total of 6,809 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 874 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 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 metal control joints. The building has a flat style roof that was made of aluminum. Lots of rock and stone 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. Before that, the property was also sold for $3,763,800 in Apr 1, 2016. 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 $170,859 in taxes each year. 3932 Potomac Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $13,001,100. If we break it down further, the land itself was valued at $6,070,480. Improvements to the property, however, were assessed at a total of $6,930,620. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

Stone Veneer Exterior
Wood Exterior

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Construction Type: Metal
  • Exterior Walls Type: Rock and stone
  • Roof Shape Type: Flat
  • Roof Cover Type: Aluminium
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 874
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 23,348
  • Lot Size Depth Feet: 1,670
  • Lot Size Frontage Feet: 1,150
  • Total Building Area: 7,683
  • Building Area: 6,809
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 6,809
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MOUNT VERNON 3
  • Land Acres: 0.536
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MOUNT VERNON 3 BLK 15 LT 17 & PT LT 16 INT202200136791 DD05122022 CO-DC 1365001501600 16913650015

Ownership

  • Current Owner : WILLIAMS AMY
  • Current Owner 2: WILLIAMS BRUCE
  • Previous Owner : FRANK MIHALOPOULOS
  • Owner Before Previous Owner: WEBSTER ELIZABETH M
  • Owner Before Previous Owner 2: STEWART GRETCHEN M
  • Is Owner Occupied: Owner-occupied property

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: 601365001501600
  • Account Number: 601365001501600
  • Subdivision Tract Number: 13650
  • Parcel: 60-13650-015-016-0000
  • Block: 15
  • Lot: 17,16
  • Municipality: HIGHLAND PARK
  • Latitude: 32.8381
  • Longitude: -96.8001

    Address

  • Full Address: 3932 Potomac Ave
  • Address - House Number: 3932
  • Address - Street Name: Potomac
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Dallas
  • Carrier Code: C029
  • 4-Digit Zip Code: 2117
  • Zip Code: 75205

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $170,859
  • Tax Rate Code Area: TH

    Market Valuation

  • Market Total Value: $13,001,100
  • Market Land Value: $6,070,480
  • Market Improvement Value: $6,930,620

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,001,100
  • Assessed Land Value: $6,070,480
  • Assessed Improvements Value: $6,930,620

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 11, 2022
  • Current Sale Recording Date: May 16, 2022
  • Current Sale Transaction ID: 11887991196
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 136791
  • Previous Sale Recording Date: Apr 05, 2016
  • Previous Sale Contract Date: Apr 01, 2016
  • Previous Sale Amount: $3,763,800
  • Previous Sale Document Type: Vendor's Lien

    Previous Mortgages

  • Previous Mortgage Lender: PARKLANE INVESTMENTS INC
  • Previous Mortgage Transaction Date: Apr 05, 2016
  • Previous Mortgage Loan Amount: $3,011,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 30, 2017

About Highland Park



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Frequently Asked Questions

What neighborhood is 3932 Potomac Avenue located in?
The 3932 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 3932 Potomac Avenue?
The average sales price for units in 3932 Potomac Avenue is $0 currently.

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