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7118 Meadow Road

7118 Meadow Road, Dallas, TX 75225
House in Meadows
Sold May 02, 2023
$791,350
$595,000 by Jpmorgan Chase Bank Na
Mortgage Due May 01, 2053
Sold Sep 14, 2021
$630,000
$504,000 by Pmac Lending Services Inc
Mortgage Due Oct 01, 2051
7118 Meadow Road 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 1970 and is 54 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7118 Meadow Road has 2,842 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,390 ft and across the front of the lot is 900 ft. The area measurement of the land has been determined as 12,620 square feet.

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 carport for those who require parking. The garage measured 440 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 average. 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 hip 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 and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. 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, 7118 Meadow Road sold most recently in May 1, 2023 for a total of $791,350. If you work out the math, that's approximately a cost of $278.45 per sqft. Before that, the property was also sold for $630,000 in Sep 9, 2021. 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 $15,375 in taxes each year. 7118 Meadow Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $713,320. If we break it down further, the land itself was valued at $320,000. Improvements to the property, however, were assessed at a total of $393,320. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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
Wood Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • 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: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,620
  • Lot Size Depth Feet: 1,390
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,842
  • Building Area: 2,842
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,842
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: THE MEADOWS 3
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THE MEADOWS 3 BLK H/5455 LT 31 INT202300084707 DD05012023 CO-DC 5455 00H 03100 1005455 00H

Ownership

  • Current Owner : PANCHAL KAVEETA PARMAR
  • Current Owner 2: PANCHAL CHIRAG
  • Previous Owner : GPH MEADOW LLC
  • Owner Before Previous Owner: CAPERS PHILLIP M
  • 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: 013102

Zoning

  • Zoning: Z298

Geography

  • Assessors Map Reference: 000004044220000
  • Account Number: 000004044220000
  • Parcel: 00-00040-442-200-0000
  • Block: H/545
  • Lot: 31
  • Municipality: DALLAS
  • Latitude: 32.8869
  • Longitude: -96.7819

    Address

  • Full Address: 7118 Meadow Rd
  • Address - House Number: 7118
  • Address - Street Name: Meadow
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Dallas
  • Carrier Code: C024
  • 4-Digit Zip Code: 5448
  • Zip Code: 75230

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,375
  • Tax Rate Code Area: DS

    Appraisal Valuation

  • Standard Deviation: 0.2288
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 68
  • Final Value: 919,581
  • High Value: 1,130,023
  • Low Value: 709,138

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $595,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: May 02, 2023
  • First Open Lien Mortgage Loan Amount: $595,000
  • 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: May 01, 2053

    Market Valuation

  • Market Total Value: $713,320
  • Market Land Value: $320,000
  • Market Improvement Value: $393,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $713,320
  • Assessed Land Value: $320,000
  • Assessed Improvements Value: $393,320

    Sales

  • Current Sale Contract Date: May 01, 2023
  • Current Sale Recording Date: May 02, 2023
  • Current Sale Transaction ID: 11906170646
  • Current Sale Price: $791,350
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 84707
  • Previous Sale Recording Date: Sep 14, 2021
  • Previous Sale Contract Date: Sep 09, 2021
  • Previous Sale Amount: $630,000
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: May 02, 2023
  • First Mortgage Loan Amount: $595,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: PMAC LENDING SERVICES INC
  • Previous Mortgage Transaction Date: Sep 14, 2021
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $504,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2051

About North Central Dallas



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Frequently Asked Questions

What neighborhood is 7118 Meadow Road located in?
The 7118 Meadow Road is a house located in the neighborhood of Meadows in North Central Dallas, Dallas.
What is the average sales price for listings in 7118 Meadow Road?
The average sales price for units in 7118 Meadow Road is $0 currently.

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