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5730 Penrose Avenue

5730 Penrose Avenue, Dallas, TX 75206
Multifamily in Lower Greenville
Sold Jul 08, 2021
$549,400
$439,500 by Better Mortgage Corporation
Mortgage Due Apr 01, 2036
Local assessors in Dallas, TX have categorized 5730 Penrose Avenue as a residential type of property. The home was built in 2019 and is 5 years old. The property's lot size has been calculated to be 3,398 square feet. The linear feet between the front and back of the lot was measured at 1,240 ft and the front of the lot was measured at 550 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5730 Penrose Avenue has a total of 2,651 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 420 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a flat style roof that was made of composition shingle. Lots of unknown were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 5730 Penrose Avenue sold most recently in Mar 30, 2021 for a total of $549,400. If you work out the math, that's approximately a cost of $178.90 per sqft. 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 $16,071 in taxes each year. 5730 Penrose Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $777,950. If we break it down further, the land itself was valued at $186,890. Improvements to the property, however, were assessed at a total of $591,060. 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

Condition

New Construction

Exterior

Stone Exterior
Stucco Exterior
Wood Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Roof Shape Type: Flat
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,398
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 550
  • Total Building Area: 3,071
  • Building Area: 2,651
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,651
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAJORS & C MAJORS RESUBD
  • Land Acres: 0.078
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MAJORS & C MAJORS RESUBD BLK 1/2888 E 1/2 LT F ACS 0.078 INT202000056818 DD02252020 CO-DC 2888 001 00F00 1002888 001

Ownership

  • Current Owner : PATTERSON DANIEL ROSS
  • Previous Owner : PATTERSON DANIEL ROSS
  • Previous Owner 2: PATTERSON DAWN HERRO
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dallas Independent School District
  • School Tax School District: DALLAS ISD
  • Census Tract: 000202

Geography

  • Assessors Map Reference: 000002378350001
  • Account Number: 000002378350001
  • Parcel: 00-00023-783-500-0100
  • Block: 1/288
  • Lot: F
  • Latitude: 32.8321
  • Longitude: -96.7693

    Address

  • Full Address: 5730 Penrose Ave
  • Address - House Number: 5730
  • Address - Street Name: Penrose
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Dallas
  • Carrier Code: C023
  • 4-Digit Zip Code: 5518
  • Zip Code: 75206

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,071
  • Tax Rate Code Area: DS

    Appraisal Valuation

  • Standard Deviation: 0.2093
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 71
  • Final Value: 900,620
  • High Value: 1,089,163
  • Low Value: 712,077

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $439,500
  • First Open Lien Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Jul 08, 2021
  • First Open Lien Mortgage Loan Amount: $439,500
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2036

    Market Valuation

  • Market Total Value: $777,950
  • Market Land Value: $186,890
  • Market Improvement Value: $591,060

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $777,950
  • Assessed Land Value: $186,890
  • Assessed Improvements Value: $591,060

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 30, 2021
  • Current Sale Recording Date: Jul 08, 2021
  • Current Sale Transaction ID: 11842435232
  • Current Sale Price: $549,400
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 202100203208

    Last Sale Mortgage

  • First Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Jul 08, 2021
  • First Mortgage Loan Amount: $439,500
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2036

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Frequently Asked Questions

What neighborhood is 5730 Penrose Avenue located in?
The 5730 Penrose Avenue is a multifamily located in the neighborhood of Lower Greenville in Central Dallas, Dallas.
What is the average sales price for listings in 5730 Penrose Avenue?
The average sales price for units in 5730 Penrose Avenue is $0 currently.

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