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534 Edgelake Drive

534 Edgelake Drive, Dallas, TX 75218
Sold Sep 25, 2020
$605,500
$496,100 by Broker Solutions Inc
Mortgage Due Dec 01, 2036
Sold Apr 03, 2008
$242,600
$215,600 by Benchmark Bank
Mortgage Due Apr 01, 2038
Local assessors in Dallas, TX have categorized 534 Edgelake Drive as a residential type of property. The home was built in 1954 and is 70 years old. The property's lot size has been calculated to be 10,901 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 700 ft. 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, 2 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 3 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 534 Edgelake Drive has a total of 2,559 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 504 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 hip 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 534 Edgelake Drive was last sold in Sep 25, 2020 for $605,500. According to our calculations, that's $197.68 per sqft. Prior to that sales transaction, the property was sold for $242,600 in Mar 31, 2008. Current property owners are expected to pay $14,808 in taxes per year. The property on 534 Edgelake Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $573,920. To break that down further, the land itself was valued at $490,550. While improvements to the property were assessed at a total of $83,370. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • 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: 504
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,901
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 700
  • Total Building Area: 3,063
  • Building Area: 2,559
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,559
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAKE HIGHLANDS ESTATES
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKE HIGHLANDS ESTATES BLK 2/5401 LT 11 INT202000262397 DD09252020 CO-DC 5401 002 01100 3005401 002

Ownership

  • Current Owner : MORTON TALITHA ELIZABETH
  • Previous Owner : HENDRICK ERIC J
  • Previous Owner 2: RUSSELL HENDRICK JOY
  • Owner Before Previous Owner: FENWICK FORREST L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dallas Independent School District
  • School Tax School District: DALLAS ISD
  • Census Tract: 012900

Zoning

  • Zoning: Z298

Geography

  • Assessors Map Reference: 000003927970000
  • Account Number: 000003927970000
  • Parcel: 00-00039-279-700-0000
  • Block: 2/540
  • Lot: 11
  • Municipality: DALLAS
  • Latitude: 32.8488
  • Longitude: -96.7143

    Address

  • Full Address: 534 Edgelake Dr
  • Address - House Number: 534
  • Address - Street Name: Edgelake
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Dallas
  • Carrier Code: C032
  • 4-Digit Zip Code: 2111
  • Zip Code: 75218

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,808
  • Tax Rate Code Area: DS

    Appraisal Valuation

  • Standard Deviation: 0.2257
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 68
  • Final Value: 735,193
  • High Value: 901,140
  • Low Value: 569,245

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $496,100
  • First Open Lien Mortgage Lender: BROKER SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Dec 15, 2021
  • First Open Lien Mortgage Loan Amount: $496,100
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2036

    Market Valuation

  • Market Total Value: $573,920
  • Market Land Value: $490,550
  • Market Improvement Value: $83,370

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $573,920
  • Assessed Land Value: $490,550
  • Assessed Improvements Value: $83,370

    Sales

  • Current Sale Contract Date: Sep 25, 2020
  • Current Sale Recording Date: Sep 25, 2020
  • Current Sale Transaction ID: 11789903641
  • Current Sale Price: $605,500
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 202000262397
  • Previous Sale Recording Date: Apr 03, 2008
  • Previous Sale Contract Date: Mar 31, 2008
  • Previous Sale Amount: $242,600
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Sep 25, 2020
  • First Mortgage Loan Amount: $484,405
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BENCHMARK BANK
  • Previous Mortgage Transaction Date: Apr 03, 2008
  • Previous Mortgage Loan Amount: $215,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 01, 2038

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Frequently Asked Questions

What neighborhood is 534 Edgelake Drive located in?
The 534 Edgelake Drive is a house located in the neighborhood of Old Lake Highlands in Northeast Dallas, Dallas.
What is the average sales price for listings in 534 Edgelake Drive?
The average sales price for units in 534 Edgelake Drive is $0 currently.

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