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5511 Mercedes Avenue

5511 Mercedes Avenue, Dallas, TX 75206
House in M Streets
Sold Oct 22, 2021
$1,010,000
$808,000 by Maplemark Bank
Mortgage
Sold Oct 22, 2019
$637,500
$510,000 by Thrive Mortgage Llc
Mortgage Due Nov 01, 2049
5511 Mercedes 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 2000. 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, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 5511 Mercedes Avenue has 3,344 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. 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 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. 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, 5511 Mercedes Avenue was last sold in Oct 19, 2021 for $1,010,000. According to our calculations, that's $302.03 per sqft. Prior to that sales transaction, the property was sold for $637,500 in Oct 16, 2019. Current property owners are expected to pay $20,565 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 5511 Mercedes Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,034,280. To break that down further, the land itself was valued at $390,000. While improvements to the property were assessed at a total of $644,280. 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 / Wood Exterior
Stone Exterior
Wood Exterior
Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Excellent
  • 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: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,800
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 600
  • Total Building Area: 3,344
  • Building Area: 3,344
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,344
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • 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 7/2199 LT 22 INT202100316694 DD10192021 CO-DC 2199 007 02200 1002199 007

Ownership

  • Current Owner : SUTTON GERALD SHAUGHNESSY
  • Current Owner 2: SUTTON ERIN
  • Previous Owner : REKER STEVEN ANTHONY
  • Previous Owner 2: DOUGHTY ANDY ALAN
  • Owner Before Previous Owner: BINES JOEL THOMAS
  • Owner Before Previous Owner 2: BINES AUDREY DALAS
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

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

Zoning

  • Zoning: Z62

Geography

  • Assessors Map Reference: 000002054020000
  • Account Number: 000002054020000
  • Parcel: 00-00020-540-200-0000
  • Block: 7/219
  • Lot: 22
  • Municipality: DALLAS
  • Latitude: 32.8285
  • Longitude: -96.7742

    Address

  • Full Address: 5511 Mercedes Ave
  • Address - House Number: 5511
  • Address - Street Name: Mercedes
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Dallas
  • Carrier Code: C044
  • 4-Digit Zip Code: 5821
  • Zip Code: 75206

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $20,565
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: DS

    Appraisal Valuation

  • Standard Deviation: 0.226
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 68
  • Final Value: 1,203,943
  • High Value: 1,476,102
  • Low Value: 931,783

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $808,000
  • First Open Lien Mortgage Lender: MAPLEMARK BANK
  • First Open Lien Mortgage Recording Date: Oct 22, 2021
  • First Open Lien Mortgage Loan Amount: $808,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $1,034,280
  • Market Land Value: $390,000
  • Market Improvement Value: $644,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,034,280
  • Assessed Land Value: $390,000
  • Assessed Improvements Value: $644,280

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 19, 2021
  • Current Sale Recording Date: Oct 22, 2021
  • Current Sale Transaction ID: 11860681396
  • Current Sale Price: $1,010,000
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 202100316694
  • Previous Sale Recording Date: Oct 22, 2019
  • Previous Sale Contract Date: Oct 16, 2019
  • Previous Sale Amount: $637,500
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: MAPLEMARK BANK
  • First Mortgage Transaction Date: Oct 22, 2021
  • First Mortgage Loan Amount: $808,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: THRIVE MORTGAGE LLC
  • Previous Mortgage Transaction Date: Oct 22, 2019
  • Previous Mortgage Loan Amount: $510,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2049

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Frequently Asked Questions

What neighborhood is 5511 Mercedes Avenue located in?
The 5511 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 5511 Mercedes Avenue?
The average sales price for units in 5511 Mercedes Avenue is $0 currently.

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