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5839 Martel Avenue

5839 Martel Avenue, Dallas, TX 75206
Multifamily in Altadena
Sold Aug 25, 2020
$455,600
Sold Jan 29, 2018
$566,400
$453,100 by Summit Funding Inc
Mortgage Due Feb 01, 2033
5839 Martel 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 2017 and is 7 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5839 Martel Avenue has 2,674 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 4,410 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

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 attached garage for those who require parking. The garage measured 552 sqft. According to our sources, there are a total of 2 available parking spaces. 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. There is a single fireplace in the home. Perfect for those wintery 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, 5839 Martel Avenue sold most recently in Aug 21, 2020 for a total of $455,600. If you work out the math, that's approximately a cost of $141.23 per sqft. Before that, the property was also sold for $566,400 in Jan 25, 2018. 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 $15,136 in taxes each year. 5839 Martel Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $733,950. If we break it down further, the land itself was valued at $242,550. Improvements to the property, however, were assessed at a total of $491,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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 / Wood Exterior
Stucco Exterior
Wood Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Excellent
  • Construction Type: Frame
  • Building Style: Duplex
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 552
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,410
  • Lot Size Frontage Feet: 300
  • Total Building Area: 3,226
  • Building Area: 2,674
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,674
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: L B JONES
  • Land Acres: 0.101
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: L B JONES BLK D/2879 20FT LT 3 & 10FT LT 4 INT202100114361 DD04142021 CO-DC 2879 0D2 00401 1002879 0D2

Ownership

  • Current Owner : REYNOLDS JEFFREY DON
  • Current Owner 2: REYNOLDS LAURA ANN
  • Previous Owner : BOHAN PITT KIMBERLY ANNE
  • Previous Owner 2: BOHAN PITT JAMES
  • Owner Before Previous Owner: MUSTIQUE DEVELOPMENT LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: Z69

Geography

  • Assessors Map Reference: 000002373070001
  • Account Number: 000002373070001
  • Parcel: 00-00023-730-700-0100
  • Block: D/287
  • Lot: 3,4
  • Municipality: DALLAS
  • Latitude: 32.8316
  • Longitude: -96.7662

    Address

  • Full Address: 5839 Martel Ave
  • Address - House Number: 5839
  • Address - Street Name: Martel
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Dallas
  • Carrier Code: C013
  • 4-Digit Zip Code: 5779
  • Zip Code: 75206

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,136
  • Tax Rate Code Area: DS

    Appraisal Valuation

  • Standard Deviation: 0.2097
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 71
  • Final Value: 806,393
  • High Value: 975,529
  • Low Value: 637,257

    Market Valuation

  • Market Total Value: $733,950
  • Market Land Value: $242,550
  • Market Improvement Value: $491,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $733,950
  • Assessed Land Value: $242,550
  • Assessed Improvements Value: $491,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 21, 2020
  • Current Sale Recording Date: Aug 25, 2020
  • Current Sale Transaction ID: 11784563410
  • Current Sale Price: $455,600
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 202000229849
  • Previous Sale Recording Date: Jan 29, 2018
  • Previous Sale Contract Date: Jan 25, 2018
  • Previous Sale Amount: $566,400
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: CITY BANK
  • First Mortgage Transaction Date: Aug 25, 2020
  • First Mortgage Loan Amount: $364,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: SUMMIT FUNDING INC
  • Previous Mortgage Transaction Date: Jan 29, 2018
  • Previous Mortgage Loan Amount: $453,100
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Stand Alone Second
  • Previous Mortgage Loan Due Date: Feb 01, 2033

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Frequently Asked Questions

What neighborhood is 5839 Martel Avenue located in?
The 5839 Martel Avenue is a multifamily located in the neighborhood of Altadena in Central Dallas, Dallas.
What is the average sales price for listings in 5839 Martel Avenue?
The average sales price for units in 5839 Martel Avenue is $0 currently.

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