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506 Newell Avenue

506 Newell Avenue, Dallas, TX 75223
Sold Jun 04, 2019
$579,000
$463,300 by Iberiabank
Mortgage Due Mar 01, 2050
Sold Mar 03, 2010
$279,500
$275,793 by Primelending
Mortgage Due Mar 01, 2040
506 Newell Avenue has been categorized by the local assessors in Dallas, TX as a residential type of property. The building on the property was first built in 1935 and is 89 years old. However, we must point out that the home was most recently renovated and altered in 2000. The home has a total of 2 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 506 Newell Avenue has 1,618 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,430 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 7,150 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 360 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as excellent. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. The building on the property is connected to a sewer system. The property was last sold in May 31, 2019 for $579,000. That's $357.85 per sqft. Prior to that sales transaction, the property was also sold in Feb 23, 2010 for $279,500. 506 Newell Avenue was last assessed in 2023. The total value of the property was assessed at $675,000. Specifically, the land the property is located on was valued at $250,250. While improvements on the property were assessed at a total of $424,750. 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 $12,627. 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. 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.

Building Features

Exterior

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Excellent
  • Construction Type: Frame
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,150
  • Lot Size Depth Feet: 1,430
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,618
  • Building Area: 1,618
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,618
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SANTA MONICA
  • Land Acres: 0.164
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SANTA MONICA BLK 9/2722 LOT 13 INT201900142932 DD05312019 CO-DC 2722 009 01300 3DA2722 009

Ownership

  • Current Owner : THE GOODYERAR GIRLS LIVING TRUST
  • Previous Owner : BRAZELL COLBY RENEE
  • Previous Owner 2: CAMPBELL MICAH CHES
  • Owner Before Previous Owner: MORRISON TIMOTHY MATTHEW
  • Owner Before Previous Owner 2: MORRISON ALICIA R
  • 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: 001202

Zoning

  • Zoning: Z298

Geography

  • Assessors Map Reference: 000002275630000
  • Account Number: 000002275630000
  • Parcel: 00-00022-756-300-0000
  • Block: 9/272
  • Lot: 13
  • Municipality: DALLAS
  • Latitude: 32.8076
  • Longitude: -96.7428

    Address

  • Full Address: 506 Newell Ave
  • Address - House Number: 506
  • Address - Street Name: Newell
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Dallas
  • Carrier Code: C015
  • 4-Digit Zip Code: 1156
  • Zip Code: 75223

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,627
  • Tax Rate Code Area: DS

    Appraisal Valuation

  • Standard Deviation: 0.2269
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 68
  • Final Value: 803,096
  • High Value: 985,327
  • Low Value: 620,865

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $463,300
  • First Open Lien Mortgage Lender: IBERIABANK
  • First Open Lien Mortgage Recording Date: Mar 03, 2020
  • First Open Lien Mortgage Loan Amount: $463,300
  • 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: Mar 01, 2050

    Market Valuation

  • Market Total Value: $675,000
  • Market Land Value: $250,250
  • Market Improvement Value: $424,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $675,000
  • Assessed Land Value: $250,250
  • Assessed Improvements Value: $424,750

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 31, 2019
  • Current Sale Recording Date: Jun 04, 2019
  • Current Sale Transaction ID: 11613091645
  • Current Sale Price: $579,000
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 201900142932
  • Previous Sale Recording Date: Mar 03, 2010
  • Previous Sale Contract Date: Feb 23, 2010
  • Previous Sale Amount: $279,500
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: IBERIABANK
  • First Mortgage Transaction Date: Jun 04, 2019
  • First Mortgage Loan Amount: $463,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: PRIMELENDING
  • Previous Mortgage Transaction Date: Mar 03, 2010
  • Previous Mortgage Loan Amount: $275,793
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2040

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Frequently Asked Questions

What neighborhood is 506 Newell Avenue located in?
The 506 Newell Avenue is a house located in the neighborhood of Hollywood Santa Monica in Central Dallas, Dallas.
What is the average sales price for listings in 506 Newell Avenue?
The average sales price for units in 506 Newell Avenue is $0 currently.

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