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5538 Mercedes Avenue

5538 Mercedes Avenue, Dallas, TX 75206
House in M Streets
Sold Jan 06, 2020
$623,400
$491,900 by Watermark Capital Inc
Mortgage Due Feb 01, 2051
Sold Oct 26, 2004
$412,300
$347,200 by Primelending
Mortgage Due Nov 01, 2034
5538 Mercedes Avenue has been categorized by the local assessors in Dallas, TX as a residential type of property. The building on the property was first built in 1926 and is 98 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5538 Mercedes Avenue has 2,367 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,300 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 7,800 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 440 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as excellent. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. The building on the property is connected to a sewer system. 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, 5538 Mercedes Avenue was last sold in Jan 3, 2020 for $623,400. According to our calculations, that's $263.37 per sqft. Prior to that sales transaction, the property was sold for $412,300 in Oct 21, 2004. Current property owners are expected to pay $14,700 in taxes per year. The property on 5538 Mercedes Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $920,950. To break that down further, the land itself was valued at $390,000. While improvements to the property were assessed at a total of $530,950. 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. 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.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
Wood Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 440
  • 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: 2,367
  • Building Area: 2,367
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,367
  • 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 10 INT202000003464 DD01032020 CO-DC 2198 006 01000 1002198 006

Ownership

  • Current Owner : RIDGWAY WILLIAM BRYANT
  • Previous Owner : HARVEY STEPHANIE
  • Previous Owner 2: STOKES STEPHANIE
  • Owner Before Previous Owner: HAGEN PATRICK J
  • Owner Before Previous Owner 2: JENSEN ANNE R
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: III

Neighborhood

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

Zoning

  • Zoning: Z298

Geography

  • Assessors Map Reference: 000002052940000
  • Account Number: 000002052940000
  • Parcel: 00-00020-529-400-0000
  • Block: 6/219
  • Lot: 10
  • Municipality: DALLAS
  • Latitude: 32.828
  • Longitude: -96.7728

    Address

  • Full Address: 5538 Mercedes Ave
  • Address - House Number: 5538
  • 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: $14,700
  • Tax Rate Code Area: DS

    Appraisal Valuation

  • Standard Deviation: 0.2712
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 61
  • Final Value: 902,301
  • High Value: 1,147,052
  • Low Value: 657,550

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $491,900
  • First Open Lien Mortgage Lender: WATERMARK CAPITAL INC
  • First Open Lien Mortgage Recording Date: Feb 01, 2021
  • First Open Lien Mortgage Loan Amount: $491,900
  • 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: Feb 01, 2051

    Market Valuation

  • Market Total Value: $920,950
  • Market Land Value: $390,000
  • Market Improvement Value: $530,950

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $920,950
  • Assessed Land Value: $390,000
  • Assessed Improvements Value: $530,950

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 03, 2020
  • Current Sale Recording Date: Jan 06, 2020
  • Current Sale Transaction ID: 11714109718
  • Current Sale Price: $623,400
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 202000003464
  • Previous Sale Recording Date: Oct 26, 2004
  • Previous Sale Contract Date: Oct 21, 2004
  • Previous Sale Amount: $412,300
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WATERMARK CAPITAL INC
  • First Mortgage Transaction Date: Jan 06, 2020
  • First Mortgage Loan Amount: $498,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: PRIMELENDING
  • Previous Mortgage Transaction Date: Oct 26, 2004
  • Previous Mortgage Loan Amount: $347,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2034

About Central Dallas



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Frequently Asked Questions

What neighborhood is 5538 Mercedes Avenue located in?
The 5538 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 5538 Mercedes Avenue?
The average sales price for units in 5538 Mercedes Avenue is $0 currently.

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