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5316 East Side Avenue

5316 East Side Avenue, Dallas, TX 75214
Multifamily in Central Dallas
Sold Mar 27, 2023
Transfer
$840,000 by Neighborhood Loans, Inc.
Mortgage Due Apr 01, 2053
Local assessors in Dallas, TX have categorized 5316 East Side Avenue as a residential type of property. The home was built in 2022 and is 2 years old. The property's lot size has been calculated to be 7,509 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 520 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. 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, 6 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 4 full bathrooms. There are also 5 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 5316 East Side Avenue has a total of 4,000 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. 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 800 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 unknown 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $3,770 in taxes each year. 5316 East Side Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,174,530. If we break it down further, the land itself was valued at $187,730. Improvements to the property, however, were assessed at a total of $986,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.

Building Features

Condition

New Construction

Parking

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

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Duplex
  • 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: 800
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,509
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 520
  • Total Building Area: 4,800
  • Building Area: 4,000
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,000
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: EAST COLUMBIA PLACE
  • Land Acres: 0.172
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: EAST COLUMBIA PLACE BLK I/759 LT 5 INT202300058008 DD03242023 CO-DC 0759 00I 00500 1DA0759 00I

Ownership

  • Current Owner : WISE DEATRICH W
  • Previous Owner : ALD GATE PROPERTY PARTNERS LLC
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Dallas Independent School District
  • School Tax School District: DALLAS ISD
  • Census Tract: 002400

Zoning

  • Zoning: Z69

Geography

  • Assessors Map Reference: 000001239010000
  • Account Number: 000001239010000
  • Parcel: 00-00012-390-100-0000
  • Block: I/759
  • Lot: 5
  • Municipality: DALLAS
  • Latitude: 32.7981
  • Longitude: -96.7579

    Address

  • Full Address: 5316 E Side Ave
  • Address - House Number: 5316
  • Street Direction: E
  • Address - Street Name: Side
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Dallas
  • Carrier Code: C002
  • 4-Digit Zip Code: 5127
  • Zip Code: 75214

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,770
  • Tax Rate Code Area: DS

    Appraisal Valuation

  • Standard Deviation: 0.1709
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 78
  • Final Value: 1,156,244
  • High Value: 1,353,874
  • Low Value: 958,613

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $840,000
  • First Open Lien Mortgage Lender: NEIGHBORHOOD LOANS, INC.
  • First Open Lien Mortgage Recording Date: Mar 27, 2023
  • First Open Lien Mortgage Loan Amount: $840,000
  • 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: Apr 01, 2053

    Market Valuation

  • Market Total Value: $1,174,530
  • Market Land Value: $187,730
  • Market Improvement Value: $986,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,174,530
  • Assessed Land Value: $187,730
  • Assessed Improvements Value: $986,800

    Sales

  • Current Sale Contract Date: Mar 24, 2023
  • Current Sale Recording Date: Mar 27, 2023
  • Current Sale Transaction ID: 11904424522
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 58008

    Last Sale Mortgage

  • First Mortgage Lender: NEIGHBORHOOD LOANS, INC.
  • First Mortgage Transaction Date: Mar 27, 2023
  • First Mortgage Loan Amount: $840,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2053

About Central Dallas



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Frequently Asked Questions

What neighborhood is 5316 East Side Avenue located in?
The 5316 East Side Avenue is a multifamily located in the neighborhood of Central Dallas in Central Dallas, Dallas.
What is the average sales price for listings in 5316 East Side Avenue?
The average sales price for units in 5316 East Side Avenue is $0 currently.

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