NOT LISTED FOR SALE

5540 Mercedes Ave Dallas, TX 75206

Lower Greenville Neighborhood

Estimated Value: $1,342,907 - $1,427,000

4 Beds
3 Baths
3,298 Sq Ft
$421/Sq Ft Est. Value

About This Home

This home is located at 5540 Mercedes Ave, Dallas, TX 75206 and is currently estimated at $1,388,727, approximately $421 per square foot. 5540 Mercedes Ave is a home located in Dallas County with nearby schools including Mockingbird Elementary School, J L Long Middle School, and Woodrow Wilson High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2023
Sold by
Ashton Aaron S and Ashton Jamie E
Bought by
Fraker Kevin and Fraker Grace
Current Estimated Value
$1,388,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,128,000
Outstanding Balance
$1,095,626
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$293,101

Purchase Details

Closed on
Apr 25, 2016
Sold by
Gair David C and Gair Ashley B R
Bought by
Ashton Aaron S and Brod Jamie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2009
Sold by
Parrish Mary Ann and Parrish Timothy L
Bought by
Gair David C and Gair Ashley B R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2002
Sold by
Residential Development Corp
Bought by
Parrish Timothy L

Purchase Details

Closed on
Jul 24, 1998
Sold by
Amalgamated Construction Inc
Bought by
Williams George Stephen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Fraker Kevin -- Allegiance Title
Ashton Aaron S -- Rtt
Gair David C -- Hftc
Parrish Timothy L -- --
Williams George Stephen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fraker Kevin $1,128,000
Previous Owner Ashton Aaron S $628,000
Previous Owner Gair David C $417,000
Source: Public Records

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 $28,216 $1,262,450 $546,000 $716,450
2024 $28,216 $1,262,450 $546,000 $716,450
2023 $28,216 $1,211,900 $390,000 $821,900
2022 $24,366 $974,480 $351,000 $623,480
2021 $21,070 $798,700 $312,000 $486,700
2020 $21,668 $798,700 $312,000 $486,700
2019 $18,447 $858,190 $0 $0
2018 $21,880 $804,650 $234,000 $570,650
2017 $20,353 $748,480 $234,000 $514,480
2016 $20,353 $748,480 $234,000 $514,480
2015 $13,046 $569,970 $191,100 $378,870
2014 $13,046 $569,970 $191,100 $378,870
Source: Public Records

Map

Texas Dallas County Dallas 75206 Lower Greenville

5540 Mercedes Ave, Dallas, TX

Not Listed for Sale

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