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625 Peavy Road

625 Peavy Road, Dallas, TX 75218
Sold Sep 22, 2021
$417,500
$334,000 by Town Square Mortgage & Investm
Mortgage Due Oct 01, 2051
Sold Oct 29, 2018
Transfer
Local assessors in Dallas, TX have categorized 625 Peavy Road as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 9,155 square feet. The linear feet between the front and back of the lot was measured at 1,150 ft and the front of the lot was measured at 800 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 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 625 Peavy Road has a total of 1,570 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 440 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 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 gable style roof that was made of composition shingle. 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. 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, 625 Peavy Road was last sold in Sep 21, 2021 for $417,500. According to our calculations, that's $265.92 per sqft. Current property owners are expected to pay $8,803 in taxes per year. The property on 625 Peavy Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $427,490. To break that down further, the land itself was valued at $370,780. While improvements to the property were assessed at a total of $56,710. 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. 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.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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Excellent
  • Construction Type: Frame
  • Exterior Walls Type: Brick veneer
  • 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: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,155
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,570
  • Building Area: 1,570
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,570
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAKE HIGHLANDS ESTATES
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKE HIGHLANDS ESTATES BLK 5/5401 LT 13 INT202100283300 DD09212021 CO-DC 5401 005 01300 3005401 005

Ownership

  • Current Owner : GIBBS CHRYSTAL
  • Previous Owner : NINO RAFAEL
  • Previous Owner 2: ALVAREZ MANUEL
  • Owner Before Previous Owner: SWEET DOUGLAS P
  • Owner Before Previous Owner 2: SWEAT KATHY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Dallas Independent School District
  • School Tax School District: DALLAS ISD
  • Census Tract: 012900

Zoning

  • Zoning: Z298

Geography

  • Assessors Map Reference: 000003930160000
  • Account Number: 000003930160000
  • Parcel: 00-00039-301-600-0000
  • Block: 5/540
  • Lot: 13
  • Municipality: DALLAS
  • Latitude: 32.8488
  • Longitude: -96.7115

    Address

  • Full Address: 625 Peavy Rd
  • Address - House Number: 625
  • Address - Street Name: Peavy
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Dallas
  • Carrier Code: C032
  • 4-Digit Zip Code: 2124
  • Zip Code: 75218

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,803
  • Tax Rate Code Area: DS

    Appraisal Valuation

  • Standard Deviation: 0.2034
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 72
  • Final Value: 516,239
  • High Value: 621,268
  • Low Value: 411,209

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $334,000
  • First Open Lien Mortgage Lender: TOWN SQUARE MORTGAGE & INVESTM
  • First Open Lien Mortgage Recording Date: Sep 22, 2021
  • First Open Lien Mortgage Loan Amount: $334,000
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $427,490
  • Market Land Value: $370,780
  • Market Improvement Value: $56,710

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $427,490
  • Assessed Land Value: $370,780
  • Assessed Improvements Value: $56,710

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 21, 2021
  • Current Sale Recording Date: Sep 22, 2021
  • Current Sale Transaction ID: 11857262850
  • Current Sale Price: $417,500
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 202100283300
  • Previous Sale Recording Date: Oct 29, 2018
  • Previous Sale Contract Date: Oct 26, 2018
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOWN SQUARE MORTGAGE & INVESTM
  • First Mortgage Transaction Date: Sep 22, 2021
  • First Mortgage Loan Amount: $334,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

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Frequently Asked Questions

What neighborhood is 625 Peavy Road located in?
The 625 Peavy Road is a house located in the neighborhood of Old Lake Highlands in Northeast Dallas, Dallas.
What is the average sales price for listings in 625 Peavy Road?
The average sales price for units in 625 Peavy Road is $0 currently.

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