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5440 Willis Avenue

5440 Willis Avenue, Dallas, TX 75206
Sold Jun 14, 2021
$685,300
$548,250 by Fairway Independent Mortgage C
Mortgage Due Jul 01, 2051
Sold Aug 25, 2020
$476,000
$380,800 by Iberiabank
Mortgage Due Sep 01, 2050
Local assessors in Dallas, TX have categorized 5440 Willis Avenue as a residential type of property. The home was built in 1940 and is 84 years old. It was most recently renovated and altered in 2000. The property's lot size has been calculated to be 7,800 square feet. The linear feet between the front and back of the lot was measured at 1,560 ft and the front of the lot was measured at 500 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, 3 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 3 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 5440 Willis Avenue has a total of 2,528 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 detached garage for those who need a place to park their vehicle. The garage on the property is 480 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 hip style roof that was made of composition shingle. Lots of materials we are unsure of 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, 5440 Willis Avenue was last sold in Jun 10, 2021 for $685,300. According to our calculations, that's $271.08 per sqft. Prior to that sales transaction, the property was sold for $476,000 in Aug 7, 2020. Current property owners are expected to pay $19,235 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 5440 Willis Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $882,980. To break that down further, the land itself was valued at $468,000. While improvements to the property were assessed at a total of $414,980. 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. 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.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

Parking

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

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Excellent
  • Construction Type: Frame
  • Exterior Walls Type: Other
  • 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: Detached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,800
  • Lot Size Depth Feet: 1,560
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,528
  • Building Area: 2,528
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,528
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: VICKERY PLACE
  • Land Acres: 0.179
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VICKERY PLACE BLK 20/1940 LOT 11 WILLIS AVE INT202100175278 DD06102021 CO-DC 1940 020 01100 1001940 020

Ownership

  • Current Owner : WITTUM MICHAEL YORKE
  • Previous Owner : SHAUNESSY SARABETH B
  • Previous Owner 2: SHAUNESSY PAUL H
  • Owner Before Previous Owner: IRP REO LLC
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Dallas Independent School District
  • School Tax School District: DALLAS ISD
  • Census Tract: 001002

Zoning

  • Zoning: Z298

Geography

  • Assessors Map Reference: 000001873780000
  • Account Number: 000001873780000
  • Parcel: 00-00018-737-800-0000
  • Block: 20/19
  • Lot: 11
  • Municipality: DALLAS
  • Latitude: 32.82
  • Longitude: -96.7756

    Address

  • Full Address: 5440 Willis Ave
  • Address - House Number: 5440
  • Address - Street Name: Willis
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Dallas
  • Carrier Code: C024
  • 4-Digit Zip Code: 6437
  • Zip Code: 75206

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $19,235
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: DS

    Appraisal Valuation

  • Standard Deviation: 0.2091
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 71
  • Final Value: 995,156
  • High Value: 1,203,320
  • Low Value: 786,992

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $688,750
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Jun 14, 2021
  • First Open Lien Mortgage Loan Amount: $548,250
  • 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: Jul 01, 2051
  • Second Open Lien Mortgage Lender: CERTIFIED FUNDING LP
  • Second Open Lien Mortgage Recording Date: Jun 14, 2021
  • Second Open Lien Mortgage Loan Amount: $140,500
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • Second Open Lien Mortgage Loan Due Date: Jun 10, 2036

    Market Valuation

  • Market Total Value: $882,980
  • Market Land Value: $468,000
  • Market Improvement Value: $414,980

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $882,980
  • Assessed Land Value: $468,000
  • Assessed Improvements Value: $414,980

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 10, 2021
  • Current Sale Recording Date: Jun 14, 2021
  • Current Sale Transaction ID: 11839897477
  • Current Sale Price: $685,300
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 202100175278
  • Previous Sale Recording Date: Aug 25, 2020
  • Previous Sale Contract Date: Aug 07, 2020
  • Previous Sale Amount: $476,000
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Jun 14, 2021
  • First Mortgage Loan Amount: $548,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: IBERIABANK
  • Previous Mortgage Transaction Date: Aug 25, 2020
  • Previous Mortgage Loan Amount: $380,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2050

About Central Dallas



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Frequently Asked Questions

What neighborhood is 5440 Willis Avenue located in?
The 5440 Willis Avenue is a house located in the neighborhood of Vickery Place in Central Dallas, Dallas.
What is the average sales price for listings in 5440 Willis Avenue?
The average sales price for units in 5440 Willis Avenue is $0 currently.

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