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5935 Velasco Avenue

5935 Velasco Avenue, Dallas, TX 75206
Property in Lower Greenville
Sold Apr 08, 2019
$93,800
$75,000 by Credit Union Of Texas
Mortgage Due May 01, 2034
5935 Velasco Avenue in Dallas, TX was first built in 1923 and is 101 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5935 Velasco Avenue has 1,408 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 480 ft and the linear feet between the front and back of the lot is 1,590. In total, the area measurement of the land is 7,775 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. The property is connected to a sewer system. For those who need parking, there is a carport. The garage is 480 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 good. The exterior walls of the home are made of materials we are unsure of. 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. 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, 5935 Velasco Avenue sold most recently in Apr 3, 2018 for a total of $93,800. If you work out the math, that's approximately a cost of $66.62 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 $5,200 in taxes each year. 5935 Velasco Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $510,240. If we break it down further, the land itself was valued at $311,000. Improvements to the property, however, were assessed at a total of $199,240. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Frame
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,775
  • Lot Size Depth Feet: 1,590
  • Lot Size Frontage Feet: 480
  • Total Building Area: 1,408
  • Building Area: 1,408
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,408
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BELMONT SUBURBAN
  • Land Acres: 0.179
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BELMONT SUBURBAN BLK 3/1893 LT 16 INT200600270181 CO-DC 1893 003 01600 1001893 003

Ownership

  • Current Owner : AYOOB MICHAEL L
  • Current Owner 2: AYOOB SUSAN S
  • Previous Owner : AYOOB MICHAEL
  • 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: 001101

Zoning

  • Zoning: Z298

Geography

  • Assessors Map Reference: 000001839730000
  • Account Number: 000001839730000
  • Parcel: 00-00018-397-300-0000
  • Block: 3/189
  • Lot: 16
  • Municipality: DALLAS
  • Latitude: 32.8213
  • Longitude: -96.7644

    Address

  • Full Address: 5935 Velasco Ave
  • Address - House Number: 5935
  • Address - Street Name: Velasco
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Dallas
  • Carrier Code: C043
  • 4-Digit Zip Code: 6329
  • Zip Code: 75206

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,200
  • Tax Rate Code Area: DS

    Appraisal Valuation

  • Standard Deviation: 0.2093
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 71
  • Final Value: 693,442
  • High Value: 838,613
  • Low Value: 548,271

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $75,000
  • First Open Lien Mortgage Lender: CREDIT UNION OF TEXAS
  • First Open Lien Mortgage Recording Date: Apr 08, 2019
  • First Open Lien Mortgage Loan Amount: $75,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone First
  • First Open Lien Mortgage Loan Due Date: May 01, 2034

    Market Valuation

  • Market Total Value: $510,240
  • Market Land Value: $311,000
  • Market Improvement Value: $199,240

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $510,240
  • Assessed Land Value: $311,000
  • Assessed Improvements Value: $199,240

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 03, 2018
  • Current Sale Recording Date: Apr 08, 2019
  • Current Sale Transaction ID: 11596686122
  • Current Sale Price: $93,800
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 201900087018

    Last Sale Mortgage

  • First Mortgage Lender: CREDIT UNION OF TEXAS
  • First Mortgage Transaction Date: Apr 08, 2019
  • First Mortgage Loan Amount: $75,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Stand Alone First
  • First Mortgage Loan Due Date: May 01, 2034

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Frequently Asked Questions

What neighborhood is 5935 Velasco Avenue located in?
The 5935 Velasco Avenue is a located in the neighborhood of Lower Greenville in Central Dallas, Dallas.
What is the average sales price for listings in 5935 Velasco Avenue?
The average sales price for units in 5935 Velasco Avenue is $0 currently.

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