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5510 Mercedes Avenue

5510 Mercedes Avenue, Dallas, TX 75206
House in M Streets
Sold May 20, 2020
$590,000
$472,000 by Simmons Bank
Mortgage Due Jun 01, 2050
Sold May 25, 2017
$678,100
$542,450 by Compass Bank
Mortgage Due Jun 01, 2047
5510 Mercedes Avenue in Dallas, TX was first built in 1927 and is 97 years old. This has been categorized as a residential property type. There are a total of 2 floors. 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. 5510 Mercedes Avenue has 2,270 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 600 ft and the linear feet between the front and back of the lot is 1,300. In total, the area measurement of the land is 7,800 square feet.

Learn more about the property and building on this page. There is a unknown. 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 detached garage. The garage is 361 sqft. There is one available parking space. 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 average. 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, 5510 Mercedes Avenue sold most recently in May 14, 2020 for a total of $590,000. If you work out the math, that's approximately a cost of $259.91 per sqft. Before that, the property was also sold for $678,100 in May 22, 2017. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $16,226 in taxes each year. 5510 Mercedes Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $786,210. If we break it down further, the land itself was valued at $390,000. Improvements to the property, however, were assessed at a total of $396,210. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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

Parking

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

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Brick veneer
  • 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: Detached
  • Garage Square Area: 361
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,800
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,270
  • Building Area: 2,270
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,270
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GREENLAND HILLS
  • Land Acres: 0.179
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GREENLAND HILLS 60FT SEC BLK 6/2198 LT 3 MERCEDES AVE INT202000127803 DD05142020 CO-DC 2198 006 00300 1002198 006

Ownership

  • Current Owner : FLORSHEIM AMANDA E
  • Previous Owner : HAYES LAUREN E
  • Owner Before Previous Owner: NOYD MATHEW SCHUYLER
  • Owner Before Previous Owner 2: NOYD MEGAN R MCCALLISTER
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Nov 20, 2023

Neighborhood

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

Zoning

  • Zoning: Z298

Geography

  • Assessors Map Reference: 000002052730000
  • Account Number: 000002052730000
  • Parcel: 00-00020-527-300-0000
  • Block: 6/219
  • Lot: 3
  • Municipality: DALLAS
  • Latitude: 32.828
  • Longitude: -96.7742

    Address

  • Full Address: 5510 Mercedes Ave
  • Address - House Number: 5510
  • Address - Street Name: Mercedes
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Dallas
  • Carrier Code: C044
  • 4-Digit Zip Code: 5822
  • Zip Code: 75206

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,226
  • Tax Rate Code Area: DS

    Appraisal Valuation

  • Standard Deviation: 0.2093
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 71
  • Final Value: 936,170
  • High Value: 1,132,156
  • Low Value: 740,184

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $472,000
  • First Open Lien Mortgage Lender: SIMMONS BANK
  • First Open Lien Mortgage Recording Date: May 20, 2020
  • First Open Lien Mortgage Loan Amount: $472,000
  • 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: Jun 01, 2050

    Market Valuation

  • Market Total Value: $786,210
  • Market Land Value: $390,000
  • Market Improvement Value: $396,210

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $786,210
  • Assessed Land Value: $390,000
  • Assessed Improvements Value: $396,210

    Sales

  • Current Sale Contract Date: May 14, 2020
  • Current Sale Recording Date: May 20, 2020
  • Current Sale Transaction ID: 11762095317
  • Current Sale Price: $590,000
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 202000127803
  • Previous Sale Recording Date: May 25, 2017
  • Previous Sale Contract Date: May 22, 2017
  • Previous Sale Amount: $678,100
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: SIMMONS BANK
  • First Mortgage Transaction Date: May 20, 2020
  • First Mortgage Loan Amount: $472,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: COMPASS BANK
  • Previous Mortgage Transaction Date: May 25, 2017
  • Previous Mortgage Loan Amount: $542,450
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2047

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 5510 Mercedes Avenue located in?
The 5510 Mercedes Avenue is a house located in the neighborhood of M Streets in Central Dallas, Dallas.
What is the average sales price for listings in 5510 Mercedes Avenue?
The average sales price for units in 5510 Mercedes Avenue is $0 currently.

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