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6516 Petain Avenue

6516 Petain Avenue, Dallas, TX 75227
Property in Peacock Terrace
Sold Jul 24, 2023
$248,710
$187,000 by Origin Bank
Mortgage Due Aug 01, 2053
Sold Aug 13, 2004
$73,700
$60,189 by Summit Mortgage Corp
Mortgage Due Sep 01, 2034
Local assessors in Dallas, TX have categorized 6516 Petain Avenue as a residential type of property. The home was built in 1948 and is 76 years old. The property's lot size has been calculated to be 8,192 square feet. The linear feet between the front and back of the lot was measured at 1,340 ft and the front of the lot was measured at 620 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, 2 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 is one full bathroom. There is also a partial bathroom. 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 6516 Petain Avenue has a total of 946 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 220 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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 materials we are unsure of 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. 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, 6516 Petain Avenue was last sold in Jul 18, 2023 for $248,710. According to our calculations, that's $213.30 per sqft. Prior to that sales transaction, the property was sold for $73,700 in Aug 6, 2004. Current property owners are expected to pay $1,146 in taxes per year. The property on 6516 Petain Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $151,880. To break that down further, the land itself was valued at $40,000. While improvements to the property were assessed at a total of $111,880. 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. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • 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: Attached
  • Garage Square Area: 220
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,192
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 620
  • Total Building Area: 1,166
  • Building Area: 946
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 946
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PEACOCK TERRACE
  • Land Acres: 0.188
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PEACOCK TERRACE BLK 6/5810 E 16FT LT 4 & W 36FT LT 5 VOL2004157/02815 DD08062004 CO-DC 5810 006 004 3005810 006

Ownership

  • Current Owner : MENDOZA JOSE A
  • Previous Owner : PESINA NANCY
  • Owner Before Previous Owner: COLBY STANLEY HOMES INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Dallas Independent School District
  • School Tax School District: DALLAS ISD
  • Census Tract: 008402

Zoning

  • Zoning: Z298

Geography

  • Assessors Map Reference: 000004386100000
  • Account Number: 000004386100000
  • Parcel: 00-00043-861-000-0000
  • Block: 6/581
  • Lot: 4,5
  • Municipality: DALLAS
  • Latitude: 32.7756
  • Longitude: -96.7057

    Address

  • Full Address: 6516 Petain Ave
  • Address - House Number: 6516
  • Address - Street Name: Petain
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Dallas
  • Carrier Code: C013
  • 4-Digit Zip Code: 3755
  • Zip Code: 75227

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,146
  • Tax Rate Code Area: DS

    Appraisal Valuation

  • Standard Deviation: 0.4414
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 11
  • Final Value: 122,024
  • High Value: 175,892
  • Low Value: 68,155

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $187,000
  • First Open Lien Mortgage Lender: ORIGIN BANK
  • First Open Lien Mortgage Recording Date: Jul 24, 2023
  • First Open Lien Mortgage Loan Amount: $187,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2053

    Market Valuation

  • Market Total Value: $151,880
  • Market Land Value: $40,000
  • Market Improvement Value: $111,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $151,880
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $111,880

    Sales

  • Current Sale Contract Date: Jul 18, 2023
  • Current Sale Recording Date: Jul 24, 2023
  • Current Sale Transaction ID: 11910028384
  • Current Sale Price: $248,710
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 145814
  • Previous Sale Recording Date: Aug 13, 2004
  • Previous Sale Contract Date: Aug 06, 2004
  • Previous Sale Amount: $73,700
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: ORIGIN BANK
  • First Mortgage Transaction Date: Jul 24, 2023
  • First Mortgage Loan Amount: $187,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Aug 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: SUMMIT MORTGAGE CORP
  • Previous Mortgage Transaction Date: Aug 13, 2004
  • Previous Mortgage Loan Amount: $60,189
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2034

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Frequently Asked Questions

What neighborhood is 6516 Petain Avenue located in?
The 6516 Petain Avenue is a located in the neighborhood of Peacock Terrace in Southeast Dallas, Dallas.
What is the average sales price for listings in 6516 Petain Avenue?
The average sales price for units in 6516 Petain Avenue is $0 currently.

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