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Dallas 75225 Lane Park
7242 Lane Park Drive
$1,149,000
↓ $25K (2.1%)
House - For Sale

7242 Lane Park Drive

Dallas, TX 75225
bedrooms
3 Beds
bathrooms
2.5 Baths, 1 Half Bath
square feet
2637 Sqft
$6,067
Estimated Monthly
$425
HOA / Fees
3.58%
Cap Rate

About This Property

Fantastic One-story 3 bed 3 bath luxury home in the Lane Park Community provides generously sized living areas with vaulted ceilings, and split bedroom floorplan. Just freshly painted, new stainless steel double ovens and frig and numerous upgrades throughout including a master bathroom with steam sauna and jetted tub. Large zero lot line and private back yard with a covered patio, and yard area. Beautiful home and well maintained. Conveniently located near NorthPark Mall, restaurants, entertainment, and medical centers.

The manager has listed the unit size as 2637 square feet.
Unit Size
2,637Ft²
Days on Market
53 days
Land Size
0.14 acres
Price per sqft
$436
Property Type
House
Property Taxes
-
HOA Dues
$425
Year Built
1983
Listed By
Marc Ching
Allie Beth Allman & Assoc.
Last updated: 3 days ago (NTREIS #20554295)

Price History

Date / Event Date Event Price
Apr 29, 2024 Price Decreased $1,149,000
↓ $25K (2.1%)
Price Decreased
Apr 11, 2024 Price Decreased $1,174,000
↓ $25K (2.1%)
Price Decreased
Mar 26, 2024 Price Decreased $1,199,000
↓ $26K (2.1%)
Price Decreased
Mar 21, 2024 Price Decreased $1,225,000
↓ $24K (1.9%)
Price Decreased
Mar 9, 2024 Listed by Allie Beth Allman and Associates $1,249,000
Listed by Allie Beth Allman and Associates
Show More

Property Highlights

Fireplace
Air Conditioning
Interior Details

Fireplace Information

Fireplace
Exterior Details

Exterior Information

Brick

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,143
  • Lot Size Depth Feet: 1,060
  • Lot Size Frontage Feet: 590
  • Total Building Area: 3,057
  • Building Area: 2,637
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,637
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: LANE PARK ADDITION
  • Land Acres: 0.141
  • Legal Description 1: LANE PARK ADDITION BLK F/5453 LOT 3 INT202200246294 DD09092022 CO-DC 5453 F00 00300 3DA5453 F00

Ownership

  • Current Owner : SPANO THERESA
  • Previous Owner : PRUDENTIAL RESIDENTIAL SVCS LTD PRTNRSHP
  • Owner Before Previous Owner: YECKEL CARL L
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dallas Independent School District
  • School Tax School District: DALLAS ISD
  • Census Tract: 007801

Zoning

  • Zoning: Z239

Geography

  • Assessors Map Reference: 0054530F0000300
  • Account Number: 0054530F0000300
  • Parcel: 00-54530-F00-003-0000
  • Block: F/545
  • Lot: 3
  • Municipality: DALLAS
  • Latitude: 32.8719
  • Longitude: -96.7797

    Address

  • Full Address: 7242 Lane Park Dr
  • Address - House Number: 7242
  • Address - Street Name: Lane Park
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Dallas
  • Carrier Code: C021
  • 4-Digit Zip Code: 2470
  • Zip Code: 75225

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $20,414
  • Tax Rate Code Area: DS

    Appraisal Valuation

  • Standard Deviation: 0.2059
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 69
  • Final Value: 1,059,722
  • High Value: 1,297,434
  • Low Value: 822,009

    Market Valuation

  • Market Total Value: $973,030
  • Market Land Value: $256,500
  • Market Improvement Value: $716,530

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $973,030
  • Assessed Land Value: $256,500
  • Assessed Improvements Value: $716,530

    Sales

  • Current Sale Contract Date: Mar 25, 1996
  • Current Sale Recording Date: Apr 10, 1996
  • Current Sale Transaction ID: 1174557729
  • Current Sale Price: $256,300
  • Current Sale Document Type: unknown
  • Previous Sale Recording Date: Nov 16, 1993
  • Previous Sale Contract Date: Nov 10, 1993
  • Previous Sale Amount: $315,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: NATIONSBANC MTG
  • First Mortgage Transaction Date: Apr 10, 1996
  • First Mortgage Loan Amount: $205,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Apr 01, 2011

    Previous Mortgages

  • Previous Mortgage Lender: PRIME LENDING INC
  • Previous Mortgage Transaction Date: Nov 16, 1993
  • Previous Mortgage Loan Amount: $252,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: unknown
  • Previous Mortgage Loan Due Date: Dec 01, 2023

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
4 Baths
5,296 ft²
$1,335,000 Oct 18, 2023
$1,202,000 - $1,468,000 Nov 6, 2023
$1,314/mo
House
3 Beds
3.5 Baths
3,625 ft²
$330/ft²
$1,195,000 Jan 18, 2024
-
$810/mo
House
3 Beds
2 Baths
2,017 ft²
$687/ft²
$1,385,000 Nov 14, 2023
-
-
House
3 Beds
3.5 Baths
4,056 ft²
$339/ft²
$1,375,000 Mar 1, 2024
-
$435/mo
House
4 Beds
3 Baths
3,058 ft²
$343/ft²
$1,050,000 Feb 23, 2024
-
-
In Contract
House
4 Beds
3.5 Baths
3,587 ft²
$348/ft²
$1,250,000 Jan 31, 2024
-
-
House
4 Beds
3 Baths
3,458 ft²
$397/ft²
$1,374,000 Mar 7, 2024
-
-
House
4 Beds
4 Baths
3,801 ft²
$362/ft²
$1,375,000 Jan 9, 2024
-
-
House
4 Beds
3 Baths
3,729 ft²
$389/ft²
$1,449,000 Mar 5, 2024
-
-
House
5 Beds
4 Baths
4,803 ft²
$281/ft²
$1,350,000 Feb 17, 2024
-
-
Multifamily
6 Beds
6 Baths
-
$999,900 Dec 12, 2023
-
-
Land
Loft
-
-
$1,450,000 Jan 24, 2024
-
-

About North Central Dallas


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Frequently Asked Questions

When was property at 7242 Lane Park Drive built and last sold?
The property at 7242 Lane Park Drive was built in 1983 and last sold on Mar 25, 1996 for $256,300.
How much is this home worth?
The estimated value of the home located at 7242 Lane Park Drive is $1,185,982.
What are some comparable homes to 7242 Lane Park Drive?
Homes that are comparable to 7242 Lane Park Drive include a house property at 19 Grovenor Court, 7115 Aberdeen Avenue, 9140 Clearlake Drive.

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