NOT LISTED FOR SALE

4950 Wedgewood Ln Dallas, TX 75220

Preston Hollow Neighborhood

Estimated Value: $3,640,000 - $4,213,804

1.8 Acres
$2,173,499 Price per Acre
78,321 Sq Ft Lot

Last Sold November 30, 2021

Current estimated payment $25,722/month

62 Days on Market

Highlights

  • Home fronts a creek
  • Cul-De-Sac
  • Many Trees
  • 1.8 Acre Lot

About This Lot

As of November 2021

BUILD YOUR DREAM ESTATE!!! Once in a lifetime opportunity to own nearly 2 acres of residential property deep within the heart of Preston Hollow. This one of a kind lot is heavily treed and backs up to the Browning Branch Creek making it one of the most private pieces of property in all of Dallas. Located at the end of a cul-de-sac with only 6 other estates this blank canvas of natural beauty truly is a custom home builder's dream. Nearby you will find some of the most exclusive retail and dining options the area has to offer as well as the extremely prestigious Ursuline Academy of Dallas.

Last Agent to Sell the Property

Heath Blanchard

VIP Realty License #0612804 Listed on: 09/08/2021

Last Buyer's Agent

Jonathan Rosen

Compass RE Texas, LLC. License #0550139

Compass RE Texas, LLC.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $53,641

Year Built

  • Built in 1955

Lot Details

  • 1.8 Acre Lot
  • Home fronts a creek
  • Cul-De-Sac
  • Many Trees
  • Subdivision Possible

Schools

  • Walnuthill Elementary School
  • Cary Middle School
  • Jefferson High School

Community Details

  • Ridgewood Rev Subdivision

Listing and Financial Details

  • Legal Lot and Block 6A / 5545
  • Assessor Parcel Number 005545000006A0000
  • $62,825 per year unexempt tax

Property Details

Property Type

Land

Est. Annual Taxes

$53,641

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: No Known Restriction(s), Other
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: Yes
  • Agricultural Exemption YN: No
  • Special Features: None

Exterior Features

  • Easements: None

Garage/Parking

  • GarageYN: No

Utilities

  • Utilities: City Sewer, City Water, Curbs, None

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: City Limits

Schools

  • School District: Dallas ISD
  • Elementary School: Walnuthill
  • Middle School: Cary
  • High School: Jefferson
  • School District: Dallas ISD
  • Elementary School: Walnuthill
  • High School: Jefferson

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 1 to < 3 Acres
  • Lot Features: Acreage, Cul-De-Sac, Many Trees
  • Lot Size Units: Acres
  • Lot Size Area: 1.7980
  • Parcel Number: 005545000006A0000
  • Lot Size Acres: 1.7980
  • Lot Size Sq Ft: 78320.8800
  • Zoning Description: Residential

Building Info

  • Year Built: 1955

Tax Info

  • Unexempt Taxes: 62825
  • TaxBlock: 5545
  • Tax Lot: 6A

Multi Family

  • WaterfrontFeatures: Creek

MLS Schools

  • MiddleOrJuniorSchool: Cary
  • Middle School Name: Cary
  • Elementary School Name: Walnuthill
  • High School Name: Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Nov 30, 2021
Sold by
Tallon Zachary and Tenenbaum Harold S
Bought by
Tallon Zachary and Tenenbaum Harold S
Seller's Agent
Heath Blanchard
VIP Realty
Buyer's Agent
Jonathan Rosen
Compass RE Texas, LLC.
List Price
$3,500,000
Current Estimated Value
$3,907,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.17%

Purchase Details

Listed on
Oct 22, 2019
Closed on
May 27, 2020
Sold by
Pancerz Claire Elizabeth and Pancerz David Whitney
Bought by
Shamieh Ramez F and Shamieh Anissa
Seller's Agent
Christy Berry
Compass RE Texas, LLC.
Buyer's Agent
Heath Blanchard
VIP Realty
List Price
$1,990,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.90%
Original Mortgage
$1,389,350
Interest Rate
3.99%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tallon Zachary -- Dhi Title
Tallon Zachary -- Republic Title Of Tx
Shamieh Ramez F -- Lttc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shamieh Ramez F $1,389,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold -- -- --
11/09/2021 11/09/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $3,500,000 +95.5% $663 / Sq Ft
05/27/2020 05/27/20 Sold -- -- --
04/25/2020 04/25/20 Pending -- -- --
01/24/2020 01/24/20 Price Changed $1,790,000 -10.1% $339 / Sq Ft
10/22/2019 10/22/19 For Sale $1,990,000 -- $377 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $53,641 $5,000,000 $2,688,010 $2,311,990
2024 $53,641 $2,400,000 $2,165,000 $235,000
2023 $53,641 $2,643,060 $2,643,060 $0
2022 $52,599 $2,103,660 $2,103,660 $0
2021 $38,581 $1,462,500 $1,462,500 $0
2020 $62,825 $2,315,830 $1,941,840 $373,990
2019 $65,891 $2,315,830 $1,941,840 $373,990
2018 $66,029 $2,428,240 $2,076,690 $351,550
2017 $66,031 $2,428,240 $2,076,690 $351,550
2016 $66,031 $2,428,240 $2,076,690 $351,550
2015 $33,948 $2,428,240 $2,076,690 $351,550
2014 $33,948 $2,289,670 $2,013,760 $275,910
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2021

    Heath Blanchard

    VIP Realty

    (972) 513-5326

    1 in this area

    12 Total Sales

    Heath Blanchard
    Section Image
  • Jonathan Rosen

    Buyer's Agent in 2021

    Jonathan Rosen

    Compass RE Texas, LLC.

    (214) 927-1313

    23 in this area

    127 Total Sales

    Jonathan Rosen
    Section Image
  • Christy Berry

    Seller's Agent in 2020

    Christy Berry

    Compass RE Texas, LLC.

    (214) 693-1600

    19 in this area

    112 Total Sales

    Christy Berry
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14667158

North Texas Real Estate Information Systems (NTREIS)

APN: 005545000006A0000

Texas Dallas County Dallas 75220 Preston Hollow

4950 Wedgewood Ln, Dallas, TX

This home is located at 4950 Wedgewood Ln, Dallas, TX 75220 since 08 September 2021 and is currently estimated at $3,907,951, approximately $740 per square foot. This property was built in 1955. 4950 Wedgewood Ln is a home located in Dallas County with nearby schools including Walnut Hill Elementary School, Francisco Medrano Middle School, and Thomas Jefferson High School.

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