See Home Value
$2,472,192*
House - Off Market

4342 Margate Drive

Dallas, TX 75220
bedrooms
4 Beds
bathrooms
7 Baths
square feet
5631 Sqft
$2,246,000 - $2,744,000
Reference Base Price*
-0.91%
Since May 1, 2023
TX-Dallas
Primary Model
Sold May 01, 2023
$2,601,480
$1,956,000 by Prime Lending Llc
Mortgage Due May 01, 2053
Sold Jun 05, 2007
$521,300
$417,000 by North Dallas Bank & Trust Co
Mortgage Due Jun 01, 2037

About This Property

Stunning custom built traditional colonial-style home on almost a half-acre corner lot conveniently located in old Preston Hollow with excellent access to the Tollway, shopping, and dining! Inside this flowing floor plan, you are greeted by a grand entry flanked by spacious formal living and dining rooms. The den boasts a warm fireplace, built-ins, and opens to the breakfast area. The gourmet kitchen features a built-in refrigerator, dual ovens, and a vast island with seating. The peaceful primary suite hosts a sitting area and spa-like bath with dual vanities, walk-in shower, and custom closet with hidden safe room. The main floor is complete with an executive office, study nook, and utility room. Upstairs, 3 nicely-appointed secondary bedrooms with ensuite baths, game room, plus media room. The 2nd-floor attic could be converted into a 5th bedroom or flex space. Relax around the fireplace under the covered patio, swim in the sparkling pool and spa, or play in the grassed backyard.

The manager has listed the unit size as 5631 square feet.
Unit Size
5,631Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$443
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2013

Price History

Date / Event Date Event Price
May 1, 2023 Sold to Deepak Dewani, Parul Purwar $2,601,480
Sold to Deepak Dewani, Parul Purwar
Apr 30, 2023 No longer available -
No longer available
Apr 1, 2023 Price Decreased $2,495,000
↓ $155K (5.9%)
Price Decreased
Jan 26, 2023 Price Decreased $2,650,000
↓ $145K (5.2%)
Price Decreased
Jan 11, 2023 Listed $2,795,000
Listed

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 6
  • Full Bathrooms: 4
  • Partial Bathrooms: 6
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: 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: 996
  • Parking Space Count: 4
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 19,376
  • Total Building Area: 6,627
  • Building Area: 5,631
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 5,631
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LANSDOWNE EST
  • Land Acres: 0.445
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LANSDOWNE EST BLK8/5570 LOT 5 INT202300084331 DD04282023 CO-DC 5570 008 00500 1005570 008

Ownership

  • Current Owner : DEWANI DEEPAK
  • Current Owner 2: PURWAR PARUL
  • Previous Owner : REDLICH HENRY J
  • Owner Before Previous Owner: HOLLERN GERALDINE B
  • Owner Before Previous Owner 2: HOLLERN GERALDINE BURNAU
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Dallas Independent School District
  • School Tax School District: DALLAS ISD
  • Census Tract: 020600

Zoning

  • Zoning: Z294

Geography

  • Assessors Map Reference: 000004203280000
  • Account Number: 000004203280000
  • Parcel: 00-00042-032-800-0000
  • Block: 8/557
  • Lot: 5
  • Municipality: DALLAS
  • Latitude: 32.8643
  • Longitude: -96.8333

    Address

  • Full Address: 4342 Margate Dr
  • Address - House Number: 4342
  • Address - Street Name: Margate
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Dallas
  • Carrier Code: C013
  • 4-Digit Zip Code: 3837
  • Zip Code: 75220

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $36,162
  • Tax Rate Code Area: DS

    Appraisal Valuation

  • Standard Deviation: 0.1709
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 78
  • Final Value: 2,438,816
  • High Value: 2,855,670
  • Low Value: 2,021,962

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,956,000
  • First Open Lien Mortgage Lender: PRIME LENDING LLC
  • First Open Lien Mortgage Recording Date: May 01, 2023
  • First Open Lien Mortgage Loan Amount: $1,956,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2053

    Market Valuation

  • Market Total Value: $2,449,160
  • Market Land Value: $1,065,680
  • Market Improvement Value: $1,383,480

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,449,160
  • Assessed Land Value: $1,065,680
  • Assessed Improvements Value: $1,383,480

    Sales

  • Current Sale Contract Date: Apr 28, 2023
  • Current Sale Recording Date: May 01, 2023
  • Current Sale Transaction ID: 11906119529
  • Current Sale Price: $2,601,480
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 84331
  • Previous Sale Recording Date: Jun 05, 2007
  • Previous Sale Contract Date: May 31, 2007
  • Previous Sale Amount: $521,300
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: PRIME LENDING LLC
  • First Mortgage Transaction Date: May 01, 2023
  • First Mortgage Loan Amount: $1,956,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: NORTH DALLAS BANK & TRUST CO
  • Previous Mortgage Transaction Date: Jun 05, 2007
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jun 01, 2037



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
5 Baths
5,012 ft²
$498/ft²
$2,495,000 Jan 13, 2023
-
-
House
5 Beds
3.5 Baths
4,409 ft²
$521/ft²
$2,295,000 Mar 2, 2023
-
-
Land
Loft
-
-
$2,150,000 Feb 23, 2023
-
-

About Northwest Dallas


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Frequently Asked Questions

When was property at 4342 Margate Drive built and last sold?
The property at 4342 Margate Drive was built in 2013 and last sold on Apr 28, 2023 for $2,601,480.
How much is this home worth?
The estimated value of the home located at 4342 Margate Drive is $2,493,754.
What are some comparable homes to 4342 Margate Drive?
There are currently no comparable homes to 4342 Margate Drive.

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