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5506 Vanderbilt Avenue

5506 Vanderbilt Avenue, Dallas, TX 75206
Property in Lower M Streets
Sold Mar 01, 2022
$558,600
$420,000 by Nexbank
Mortgage Due Mar 01, 2052
Sold Sep 02, 2008
$267,900
$214,320 by Legacytexasmortgage Lp
Mortgage Due Sep 01, 2038
5506 Vanderbilt Avenue in Dallas, TX was first built in 1933 and is 91 years old. 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, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 5506 Vanderbilt Avenue has 1,320 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 500 ft and the linear feet between the front and back of the lot is 1,450. In total, the area measurement of the land is 7,250 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. For those who need parking, there is a detached garage. The garage is 400 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 poor. 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, 5506 Vanderbilt Avenue sold most recently in Feb 28, 2022 for a total of $558,600. If you work out the math, that's approximately a cost of $423.18 per sqft. Before that, the property was also sold for $267,900 in Aug 29, 2008. 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 $12,188 in taxes each year. 5506 Vanderbilt Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $526,800. If we break it down further, the land itself was valued at $362,500. Improvements to the property, however, were assessed at a total of $164,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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

Exterior

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

Building Info

Overview

    General

  • Year Built: 1933
  • Effective Year Built: 1933
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Poor
  • 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: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,250
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,320
  • Building Area: 1,320
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,320
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GREENLAND HILLS 1ST
  • Land Acres: 0.166
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GREENLAND HILLS 1ST SECTION BLK E/2173 LT 2 INT202200057188 DD02282022 CO-DC 2173 00E 00200 1002173 00E

Ownership

  • Current Owner : TALAKSHI FAROUK
  • Current Owner 2: TALAKSHI DENY
  • Previous Owner : ERIC HIRSCHLER
  • Owner Before Previous Owner: GARCIA SYLVIA L
  • Owner Before Previous Owner 2: LOPEZ SYLVIA L
  • Ownership Rights Codes: unknown

Neighborhood

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

Zoning

  • Zoning: Z62

Geography

  • Assessors Map Reference: 000002037340000
  • Account Number: 000002037340000
  • Parcel: 00-00020-373-400-0000
  • Block: E/217
  • Lot: 2
  • Municipality: DALLAS
  • Latitude: 32.8243
  • Longitude: -96.7744

    Address

  • Full Address: 5506 Vanderbilt Ave
  • Address - House Number: 5506
  • Address - Street Name: Vanderbilt
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Dallas
  • Carrier Code: C026
  • 4-Digit Zip Code: 6026
  • Zip Code: 75206

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,188
  • Tax Rate Code Area: DS

    Appraisal Valuation

  • Standard Deviation: 0.2093
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 71
  • Final Value: 683,757
  • High Value: 826,900
  • Low Value: 540,614

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $420,000
  • First Open Lien Mortgage Lender: NEXBANK
  • First Open Lien Mortgage Recording Date: Mar 01, 2022
  • First Open Lien Mortgage Loan Amount: $420,000
  • 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: Mar 01, 2052

    Market Valuation

  • Market Total Value: $526,800
  • Market Land Value: $362,500
  • Market Improvement Value: $164,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $526,800
  • Assessed Land Value: $362,500
  • Assessed Improvements Value: $164,300

    Sales

  • Current Sale Contract Date: Feb 28, 2022
  • Current Sale Recording Date: Mar 01, 2022
  • Current Sale Transaction ID: 11880763120
  • Current Sale Price: $558,600
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 57188
  • Previous Sale Recording Date: Sep 02, 2008
  • Previous Sale Contract Date: Aug 29, 2008
  • Previous Sale Amount: $267,900
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: NEXBANK
  • First Mortgage Transaction Date: Mar 01, 2022
  • First Mortgage Loan Amount: $420,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: LEGACYTEXASMORTGAGE LP
  • Previous Mortgage Transaction Date: Sep 02, 2008
  • Previous Mortgage Loan Amount: $214,320
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2038

About Central Dallas



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Frequently Asked Questions

What neighborhood is 5506 Vanderbilt Avenue located in?
The 5506 Vanderbilt Avenue is a located in the neighborhood of Lower M Streets in Central Dallas, Dallas.
What is the average sales price for listings in 5506 Vanderbilt Avenue?
The average sales price for units in 5506 Vanderbilt Avenue is $0 currently.

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