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5803 Orchid Lane

5803 Orchid Lane, Dallas, TX 75230
Multifamily in Preston Park
Sold May 13, 2021
$400,000
$320,000 by Guaranteed Rate Inc
Mortgage Due Jun 01, 2036
Sold Mar 26, 2020
$443,800
$355,000 by Sub Reit Llc
Mortgage Due Oct 01, 2020
Local assessors in Dallas, TX have categorized 5803 Orchid Lane as a residential type of property. The home was built in 1981 and is 43 years old. It was most recently renovated and altered in 2005. The property's lot size has been calculated to be 5,589 square feet. The linear feet between the front and back of the lot was measured at 1,300 ft and the front of the lot was measured at 430 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. 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, 4 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 3 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 5803 Orchid Lane has a total of 3,117 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. The home sources its water from a municipal system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. 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 720 sqft. There are 3 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 excellent. 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 mansard style roof that was made of tar and gravel. Lots of brick veneer 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 and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in May 11, 2021 for $400,000. That's $104.25 per sqft. Prior to that sales transaction, the property was also sold in Mar 20, 2020 for $443,800. 5803 Orchid Lane was last assessed in 2023. The total value of the property was assessed at $621,340. Specifically, the land the property is located on was valued at $75,000. While improvements on the property were assessed at a total of $546,340. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $10,868. The initial tax year of delinquency was in 2017. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Excellent
  • Construction Type: Frame
  • Building Style: Duplex
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Mansard
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 720
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 5,589
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 430
  • Total Building Area: 3,837
  • Building Area: 3,117
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,117
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PARK PRESTON 2
  • Land Acres: 0.128
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: PARK PRESTON 2 BLK C/5508 PT LT 39 INT202100141769 DD05112021 CO-DC 5508 000 03900 1005508 000

Ownership

  • Current Owner : BURBANK RICHARD D
  • Current Owner 2: BURBANK DIANA D
  • Previous Owner : GUARANTEED RATE INC
  • Owner Before Previous Owner: MANDEL ROGER LEON
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dallas Independent School District
  • School Tax School District: DALLAS ISD
  • Census Tract: 007605

Zoning

  • Zoning: Z411

Geography

  • Assessors Map Reference: 000004147037601
  • Account Number: 000004147037601
  • Parcel: 00-00041-470-376-0100
  • Block: C/550
  • Lot: 39
  • Municipality: DALLAS
  • Latitude: 32.8926
  • Longitude: -96.8062

    Address

  • Full Address: 5803 Orchid Ln
  • Address - House Number: 5803
  • Address - Street Name: Orchid
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Dallas
  • Carrier Code: C007
  • 4-Digit Zip Code: 4023
  • Zip Code: 75230

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,868
  • Intital Tax Deliquent Year: 2017
  • Tax Rate Code Area: DS

    Appraisal Valuation

  • Standard Deviation: 0.2091
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 71
  • Final Value: 661,545
  • High Value: 799,906
  • Low Value: 523,184

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $320,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: May 13, 2021
  • First Open Lien Mortgage Loan Amount: $320,000
  • 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: Jun 01, 2036

    Market Valuation

  • Market Total Value: $621,340
  • Market Land Value: $75,000
  • Market Improvement Value: $546,340

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $621,340
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $546,340

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 11, 2021
  • Current Sale Recording Date: May 13, 2021
  • Current Sale Transaction ID: 11835442230
  • Current Sale Price: $400,000
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 202100141769
  • Previous Sale Recording Date: Mar 26, 2020
  • Previous Sale Contract Date: Mar 20, 2020
  • Previous Sale Amount: $443,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: May 13, 2021
  • First Mortgage Loan Amount: $320,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: SUB REIT LLC
  • Previous Mortgage Transaction Date: Mar 26, 2020
  • Previous Mortgage Loan Amount: $355,000
  • Previous Mortgage Term: 6
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Oct 01, 2020

About North Central Dallas



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Nearby Rentals

Unit for rent at

$4,500 /mo

  • 3 Beds
  • 2 Baths
Listing by Clay Stapp
Unit for rent at

$4,343 /mo

  • 2 Beds
  • 2 Baths
  • 2,020 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 5803 Orchid Lane located in?
The 5803 Orchid Lane is a multifamily located in the neighborhood of Preston Park in North Central Dallas, Dallas.
What is the average sales price for listings in 5803 Orchid Lane?
The average sales price for units in 5803 Orchid Lane is $0 currently.

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