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5450 Merrimac Avenue

5450 Merrimac Avenue, Dallas, TX 75206
House in M Streets
Sold Jul 28, 2017
$587,500
$470,000 by Homebridge Financial Services
Mortgage Due Aug 01, 2047
Sold Nov 15, 2011
$485,700
$388,550 by The Lending Partners Llc
Mortgage Due Dec 01, 2041
5450 Merrimac Avenue in Dallas, TX was first built in 1927 and is 97 years old. Although, the building on the property was most recently renovated and altered in 1995. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5450 Merrimac Avenue has 1,941 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 550 ft and the linear feet between the front and back of the lot is 1,270. In total, the area measurement of the land is 6,985 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. For those who need parking, there is a carport. The garage is 500 sqft. There are a total of 2 available parking spaces. 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 frame control joints. The condition of the building has been evaluated as excellent. The exterior walls of the home are made of brick veneer. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5450 Merrimac Avenue sold most recently in Jul 26, 2017 for a total of $587,500. If you work out the math, that's approximately a cost of $302.68 per sqft. Before that, the property was also sold for $485,700 in Nov 14, 2011. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $12,724 in taxes each year. 5450 Merrimac Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $827,250. If we break it down further, the land itself was valued at $314,330. Improvements to the property, however, were assessed at a total of $512,920. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: Carport
  • Garage Square Area: 500
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,985
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,941
  • Building Area: 1,941
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,941
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GREENLAND HILLS
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GREENLAND HILLS 60 FT SEC BLK 12/2204 LT 13 INT201700212177 DD07262017 CO-DC 2204 012 01300 1002204 012

Ownership

  • Current Owner : LOUDER TIFFANY
  • Previous Owner : BAYNE BRIAN A
  • Previous Owner 2: BAYNE EMILY S
  • Owner Before Previous Owner: FRITZ MICHAEL PHILIP
  • Owner Before Previous Owner 2: FRITZ ELIZABETH BURNETT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dallas Independent School District
  • School Tax School District: DALLAS ISD
  • Census Tract: 000300

Zoning

  • Zoning: Z298

Geography

  • Assessors Map Reference: 000002057530000
  • Account Number: 000002057530000
  • Parcel: 00-00020-575-300-0000
  • Block: 12/22
  • Lot: 13
  • Municipality: DALLAS
  • Latitude: 32.8271
  • Longitude: -96.7749

    Address

  • Full Address: 5450 Merrimac Ave
  • Address - House Number: 5450
  • Address - Street Name: Merrimac
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Dallas
  • Carrier Code: C044
  • 4-Digit Zip Code: 5830
  • Zip Code: 75206

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,724
  • Tax Rate Code Area: DS

    Appraisal Valuation

  • Standard Deviation: 0.226
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 68
  • Final Value: 900,128
  • High Value: 1,103,608
  • Low Value: 696,648

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $470,000
  • First Open Lien Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Jul 28, 2017
  • First Open Lien Mortgage Loan Amount: $470,000
  • 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: Aug 01, 2047

    Market Valuation

  • Market Total Value: $827,250
  • Market Land Value: $314,330
  • Market Improvement Value: $512,920

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $827,250
  • Assessed Land Value: $314,330
  • Assessed Improvements Value: $512,920

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 26, 2017
  • Current Sale Recording Date: Jul 28, 2017
  • Current Sale Transaction ID: 1731880553
  • Current Sale Price: $587,500
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 201700212177
  • Previous Sale Recording Date: Nov 15, 2011
  • Previous Sale Contract Date: Nov 14, 2011
  • Previous Sale Amount: $485,700
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Mortgage Transaction Date: Jul 28, 2017
  • First Mortgage Loan Amount: $470,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: THE LENDING PARTNERS LLC
  • Previous Mortgage Transaction Date: Nov 15, 2011
  • Previous Mortgage Loan Amount: $388,550
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2041

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Frequently Asked Questions

What neighborhood is 5450 Merrimac Avenue located in?
The 5450 Merrimac Avenue is a house located in the neighborhood of M Streets in Central Dallas, Dallas.
What is the average sales price for listings in 5450 Merrimac Avenue?
The average sales price for units in 5450 Merrimac Avenue is $0 currently.

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