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406 Peavy Road

406 Peavy Road, Dallas, TX 75218
Sold Oct 04, 2022
$954,514
$717,680 by Bth Bank Na
Mortgage Due Oct 03, 2028
Sold Feb 22, 2022
Transfer
406 Peavy Road in Dallas, TX was first built in 1955 and is 69 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, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 406 Peavy Road has 2,476 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 1,080 ft and the linear feet between the front and back of the lot is 1,890. In total, the area measurement of the land is 20,038 square feet.

Learn more about the property and building on this page. The home has a hip 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 484 sqft. There are a total of 7 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 average. 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. According to our sources, 406 Peavy Road sold most recently in Oct 3, 2022 for a total of $954,514. If you work out the math, that's approximately a cost of $322.47 per sqft. 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 $11,806 in taxes each year. The initial year of tax delinquency occurred in 2022. 406 Peavy Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $824,780. If we break it down further, the land itself was valued at $676,280. Improvements to the property, however, were assessed at a total of $148,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • 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: 484
  • Parking Space Count: 7

    Dimensions

  • Lot Size Square Feet: 20,038
  • Lot Size Depth Feet: 1,890
  • Lot Size Frontage Feet: 1,080
  • Total Building Area: 2,960
  • Building Area: 2,476
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,476
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAKE HIGHLANDS ESTATES 4
  • Land Acres: 0.46
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKE HIGHLANDS ESTATES 4 BLK J/6134 LOT 8 INT202200262093 DD10032022 CO-DC 6134 00J 00800 3DA6134 00J

Ownership

  • Current Owner : COLA LORENZO
  • Current Owner 2: COLA KATHERINE
  • Previous Owner : RYAN JOANN
  • Owner Before Previous Owner: EMERSON JOSEPH H
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 16, 2024

Neighborhood

  • School District Name: Dallas Independent School District
  • School Tax School District: DALLAS ISD
  • Census Tract: 012900

Zoning

  • Zoning: Z298

Geography

  • Assessors Map Reference: 000005189710000
  • Account Number: 000005189710000
  • Parcel: 00-00051-897-100-0000
  • Block: J/613
  • Lot: 8
  • Municipality: DALLAS
  • Latitude: 32.853
  • Longitude: -96.7155

    Address

  • Full Address: 406 Peavy Rd
  • Address - House Number: 406
  • Address - Street Name: Peavy
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Dallas
  • Carrier Code: C032
  • 4-Digit Zip Code: 2120
  • Zip Code: 75218

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,806
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: DS

    Appraisal Valuation

  • Standard Deviation: 0.226
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 855,156
  • High Value: 1,048,477
  • Low Value: 661,835

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $717,680
  • First Open Lien Mortgage Lender: BTH BANK NA
  • First Open Lien Mortgage Recording Date: Oct 04, 2022
  • First Open Lien Mortgage Loan Amount: $717,680
  • First Open Lien Mortgage Term: 71
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 03, 2028

    Market Valuation

  • Market Total Value: $824,780
  • Market Land Value: $676,280
  • Market Improvement Value: $148,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $824,780
  • Assessed Land Value: $676,280
  • Assessed Improvements Value: $148,500

    Sales

  • Current Sale Contract Date: Oct 03, 2022
  • Current Sale Recording Date: Oct 04, 2022
  • Current Sale Transaction ID: 11896853175
  • Current Sale Price: $954,514
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 262093
  • Previous Sale Recording Date: Feb 22, 2022
  • Previous Sale Contract Date: Feb 17, 2022
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BTH BANK NA
  • First Mortgage Transaction Date: Oct 04, 2022
  • First Mortgage Loan Amount: $717,680
  • First Mortgage Terms: 71
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 03, 2028

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Frequently Asked Questions

What neighborhood is 406 Peavy Road located in?
The 406 Peavy Road is a land located in the neighborhood of Old Lake Highlands in Northeast Dallas, Dallas.
What is the average sales price for listings in 406 Peavy Road?
The average sales price for units in 406 Peavy Road is $0 currently.

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