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5216 Milam Street

5216 Milam Street, Dallas, TX 75206
Property in Cochran Heights
Sold Aug 05, 2022
$743,470
$559,000 by Liberty National Bank
Mortgage
5216 Milam Street in Dallas, TX was first built in 1936 and is 88 years old. This has been categorized as a residential property type. There are a total of 2 floors. The basement is 64 sqft and has been categorized as a building with no basement. The linear feet across the front of the lot is 570 ft and the linear feet between the front and back of the lot is 1,530. In total, the area measurement of the land is 8,704 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. Water for the property is sourced from a municipal system. The property is connected to a sewer system. 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 wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. 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. The property was last sold in Aug 4, 2022 for $743,470. That's $130.48 per sqft. 5216 Milam Street was last assessed in 2023. The total value of the property was assessed at $763,360. Specifically, the land the property is located on was valued at $435,200. While improvements on the property were assessed at a total of $328,160. 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 $17,573. 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.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1936
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 8
  • Business/Commerical Units Count: 8
  • Basement Type: Building with no basement
  • Basement Area: 64
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,704
  • Lot Size Depth Feet: 1,530
  • Lot Size Frontage Feet: 570
  • Total Building Area: 5,698
  • Gross Building Area: 5,698
  • Building Area: 5,698
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: COCHRAN HEIGHTS
  • Land Acres: 0.2
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: COCHRAN HEIGHTS BLK D/1997 PT LTS 11 & 12 ACS 0.200 INT202200214348 DD08042022 CO-DC 1997 000 01200 1001997 000

Ownership

  • Current Owner : 1302 S COOPER ST LLC
  • Previous Owner : ANDERSON MICHAEL J
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dallas Independent School District
  • School Tax School District: DALLAS ISD
  • Census Tract: 000901

Zoning

  • Zoning: Z59

Geography

  • Assessors Map Reference: 000001927900000
  • Account Number: 000001927900000
  • Parcel: 00-00019-279-000-0000
  • Block: D/199
  • Lot: 11,12
  • Municipality: DALLAS
  • Latitude: 32.8191
  • Longitude: -96.7844

    Address

  • Full Address: 5216 Milam St
  • Address - House Number: 5216
  • Address - Street Name: Milam
  • Address - Suffix Type: St
  • State: TX
  • City Name: Dallas
  • Carrier Code: C007
  • 4-Digit Zip Code: 6549
  • Zip Code: 75206

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,573
  • Tax Rate Code Area: DS

    Appraisal Valuation

  • Standard Deviation: 0.4414
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 11
  • Final Value: 482,805
  • High Value: 695,941
  • Low Value: 269,668

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $559,000
  • First Open Lien Mortgage Lender: LIBERTY NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Aug 05, 2022
  • First Open Lien Mortgage Loan Amount: $559,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $763,360
  • Market Land Value: $435,200
  • Market Improvement Value: $328,160

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $763,360
  • Assessed Land Value: $435,200
  • Assessed Improvements Value: $328,160

    Sales

  • Current Sale Contract Date: Aug 04, 2022
  • Current Sale Recording Date: Aug 05, 2022
  • Current Sale Transaction ID: 11894135854
  • Current Sale Price: $743,470
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 214348

    Last Sale Mortgage

  • First Mortgage Lender: LIBERTY NATIONAL BANK
  • First Mortgage Transaction Date: Aug 05, 2022
  • First Mortgage Loan Amount: $559,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 5216 Milam Street located in?
The 5216 Milam Street is a located in the neighborhood of Cochran Heights in Central Dallas, Dallas.
What is the average sales price for listings in 5216 Milam Street?
The average sales price for units in 5216 Milam Street is $0 currently.

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