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5016 Groom Lane

5016 Groom Lane, Dallas, TX 75227
House in Bent Creek
Sold Jan 16, 2019
$346,900
Seller
Sold Apr 23, 2018
Transfer
Local assessors in Dallas, TX have categorized 5016 Groom Lane as a residential type of property. The home was built in 1985 and is 39 years old. The property's lot size has been calculated to be 8,296 square feet. 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 2 full bathrooms. There are also 2 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 5016 Groom Lane has a total of 2,212 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 425 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is excellent. 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 style roof that was made of composition shingle. Lots of brick veneer 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. The property was last sold in Jan 7, 2019 for $346,900. That's $131.55 per sqft. 5016 Groom Lane was last assessed in 2023. The total value of the property was assessed at $333,850. Specifically, the land the property is located on was valued at $55,000. While improvements on the property were assessed at a total of $278,850. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $0. The initial tax year of delinquency was in 2022. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Excellent
  • Construction Type: Frame
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • 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: 425
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,296
  • Total Building Area: 2,637
  • Building Area: 2,212
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,212
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BENT CREEK
  • Land Acres: 0.191
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BENT CREEK BLK T/6127 LOT 1 INT201900013918 DD01072019 CO-DC 6127 00T 00100 3DA6127 00T

Ownership

  • Current Owner : OROZCO MICHAEL A
  • Previous Owner : ACSM LLC
  • Owner Before Previous Owner: MARTINEZ ALBERT
  • Owner Before Previous Owner 2: STONE MICHELLE
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dallas Independent School District
  • School Tax School District: DALLAS ISD
  • Census Tract: 012207

Zoning

  • Zoning: Z298

Geography

  • Assessors Map Reference: 000005154890000
  • Account Number: 000005154890000
  • Parcel: 00-00051-548-900-0000
  • Block: T/612
  • Lot: 1
  • Municipality: DALLAS
  • Latitude: 32.7832
  • Longitude: -96.6993

    Address

  • Full Address: 5016 Groom Ln
  • Address - House Number: 5016
  • Address - Street Name: Groom
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Dallas
  • Carrier Code: C006
  • 4-Digit Zip Code: 2721
  • Zip Code: 75227

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $0
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: DC DA DS P

    Appraisal Valuation

  • Standard Deviation: 0.2098
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 386,009
  • High Value: 467,027
  • Low Value: 304,991

    Market Valuation

  • Market Total Value: $333,850
  • Market Land Value: $55,000
  • Market Improvement Value: $278,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $333,850
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $278,850

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 07, 2019
  • Current Sale Recording Date: Jan 16, 2019
  • Current Sale Transaction ID: 11562349401
  • Current Sale Price: $346,900
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 201900013918
  • Previous Sale Recording Date: Apr 23, 2018
  • Previous Sale Contract Date: Apr 20, 2018
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Mortgage Transaction Date: Jan 16, 2019
  • First Mortgage Loan Amount: $354,319
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Feb 01, 2049

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Frequently Asked Questions

What neighborhood is 5016 Groom Lane located in?
The 5016 Groom Lane is a house located in the neighborhood of Bent Creek in Southeast Dallas, Dallas.
What is the average sales price for listings in 5016 Groom Lane?
The average sales price for units in 5016 Groom Lane is $0 currently.

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