NOT LISTED FOR SALE

5540 N 40 Place Dallas, TX 75252

Estimated Value: $5,662,000 - $6,476,778

9 Beds
12 Baths
15,074 Sq Ft
$403/Sq Ft Est. Value

Last Sold July 23, 2020

Current estimated payment $43,036/month

Highlights

  • Valet Parking
  • Accessory Dwelling Unit (ADU)
  • Home fronts a creek
  • Frankford Middle Rated A-
  • Heated Pool and Spa
  • Gated Community

About This Home

As of July 2020

A rare opportunity in the coveted, gated North Forty Place. Private and secluded, French chateau estate with over 15,000 sqft situated on 3.6 acres of lushly landscaped and heavily treed grounds with creek. Designed by famed architect Will Schneider and built by Ventura Custom Homes, featuring imported materials and exquisite finishes. This stunning home has 4 levels, including a basement, complete with wine cellar, safe room, media and game room. Separate, 2 bedroom, full guest quarters with private entrance. The grounds include fountains, gardens, pool, a turf soccer field with lighting, an amphitheater, and outdoor kitchen complete with pizza oven. There is also separate valet parking and exit.

Last Agent to Sell the Property

Hunter Dehn

Hunter Dehn Realty License #0595834 Listed on: 06/19/2020

Co-Listed By

Ashley Gardner

Hunter Dehn Realty License #0725768

Last Buyer's Agent

Kari Bernstein Horne

Sync Real Estate License #0476966

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $117,672

Year Built

  • Built in 2007

Lot Details

  • 3.63 Acre Lot
  • Home fronts a creek
  • Gated Home
  • Aluminum or Metal Fence
  • Landscaped
  • Interior Lot
  • Sprinkler System
  • Many Trees
  • Private Yard
  • Garden
  • Large Grassy Backyard

Parking

  • 5 Car Attached Garage
  • Epoxy
  • Garage Door Opener

Home Design

  • French Architecture
  • Combination Foundation
  • Slate Roof
  • Tile Roof
  • Stone Siding

Interior Spaces

  • 15,074 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Dual Staircase
  • Sound System
  • Wired For A Flat Screen TV
  • Dry Bar
  • Vaulted Ceiling
  • Decorative Lighting
  • 5 Fireplaces
  • Self Contained Fireplace Unit Or Insert
  • Gas Log Fireplace
  • Metal Fireplace
  • Fireplace Features Masonry
  • ENERGY STAR Qualified Windows
  • Bay Window
  • Loft

Kitchen

  • Double Convection Oven
  • Electric Oven
  • Plumbed For Gas In Kitchen
  • Commercial Range
  • Indoor Grill
  • Gas Cooktop
  • Commercial Grade Vent
  • Warming Drawer
  • Built-In Refrigerator
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Fireplace in Primary Bedroom

Home Security

  • Burglar Security System
  • Security Lights
  • Intercom
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Elevator Installed
  • Accessibility Features

Eco-Friendly Details

  • Energy-Efficient Insulation
  • Energy-Efficient Doors
  • Energy-Efficient Thermostat

Pool

  • Heated Pool and Spa
  • Pool Water Feature
  • Pool Sweep

Outdoor Features

  • Sport Court
  • Balcony
  • Covered Deck
  • Covered patio or porch
  • Outdoor Living Area
  • Fire Pit
  • Exterior Lighting
  • Attached Grill
  • Rain Gutters

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

  • Haggar Elementary School
  • Frankford Middle School
  • Shepton High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • M A Jackson Survey Subdivision
  • Valet Parking
  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number R648700000801
  • Tax Block 8732
  • $138,742 per year unexempt tax

Home Details

Home Type

Single Family

Est. Annual Taxes

$117,672

Year Built

Built in 2007

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: French
  • Structural Style: Single Detached
  • Unit Levels: Three Or More
  • Accessibility Features: Accessible Elevator Installed
  • Accessory Dwelling Type: Guest Quarters
  • Security: Burglar, Fire Alarm, Security Lights, Security System, Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: Yes
  • Accessory Unit YN: Yes
  • Ratio Current Price By Building: 325.06302
  • Special Features: None
  • Year Built: 2007

Interior Features

  • Square Footage: 15074.00
  • Windows: Bay Window(s), Skylights(s)
  • Fireplace Features: Gas Logs, Gas Starter, Insert, Masonry, Master Bedroom, Metal
  • Interior Amenities: Built-in Wine Cooler, Cable TV Available, Decorative Lighting, Dry Bar, Elevator, Flat Screen Wiring, High Speed Internet Available, Loft, Multiple Staircases, Sound System Wiring, Vaulted Ceiling(s), Wet Bar
  • Flooring: Carpet, Stone, Wood
  • Appliances: Built-in Refrigerator, Commercial Grade Range, Commercial Grade Vent, Convection Oven, Dishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Gas Range, Ice Maker, Indoor Grill, Plumbed For Gas in Kitchen, Plumbed for Ice Maker, Refrigerator, Vented Exhaust Fan, Warming Drawer
  • Fireplaces: 5
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 4
  • Other Equipment: Intercom
  • Room Count: 20

Beds/Baths

  • Full Bathrooms: 9
  • Half Bathrooms: 3
  • Total Bedrooms: 9

Exterior Features

  • Pool: Yes
  • Foundation: Combination
  • Community Features: Gated
  • Fencing: Gate, Metal
  • Roof: Slate, Tile
  • Soil Type: Unknown
  • Construction Materials: Rock/Stone
  • Exterior Features: Attached Grill, Balcony, Covered Deck, Covered Patio/Porch, Fire Pit, Garden(s), Rain Gutters, Lighting, Outdoor Living Center, Private Yard, Sport Court
  • Pool Features: Heated, Pool/Spa Combo, Separate Spa/Hot Tub, Pool Sweep, Water Feature
  • Waterfront: No
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Cooling System: Central Air, Electric, Zoned
  • Garage Spaces: 5
  • Total Covered Spaces: 5
  • Parking Features: 2-Car Single Doors, Covered, Epoxy Flooring, Garage Door Opener, Garage, Oversized, Valet
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Natural Gas, Zoned
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Plano ISD
  • Elementary School: Haggar
  • Middle School: Frankford
  • High School: Shepton
  • School District: Plano ISD
  • Elementary School: Haggar
  • High School: Plano West
  • Senior High School: Plano West

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 3 to < 5 Acres
  • Lot Features: Acreage, Interior Lot, Landscaped, Lrg. Backyard Grass, Many Trees, Sprinkler System
  • Lot Size Units: Acres
  • Lot Size Area: 3.6340
  • Parcel Number: R648700000801
  • Lot Size Acres: 3.6340
  • Lot Size Sq Ft: 158297.0400

Green Features

  • Efficiency: Doors, Insulation, Thermostat, Windows
  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2007
  • SeniorCommunityYN: No

Tax Info

  • Unexempt Taxes: 138742
  • TaxBlock: 8732

Multi Family

  • WaterfrontFeatures: Creek

MLS Schools

  • MiddleOrJuniorSchool: Frankford
  • Middle School Name: Frankford
  • Elementary School Name: Haggar
  • High School Name: Shepton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2020
Closed on
Jul 23, 2020
Sold by
Malik Rajeev and Malik Ritu
Bought by
David Itamar and David Dana
Seller's Agent
Hunter Dehn
Hunter Dehn Realty
Buyer's Agent
Kari Bernstein Horne
Sync Real Estate
List Price
$5,790,000
Current Estimated Value
$6,069,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.31%

Purchase Details

Closed on
Oct 29, 2013
Sold by
Mascolo Flora M and Mascolo Flora
Bought by
Malik Rajeev and Malik Ritu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,400,000
Interest Rate
4.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2012
Sold by
Mascolo Flora M
Bought by
Mascolo Flora M

Purchase Details

Closed on
Nov 4, 2011
Sold by
Mascolo Flora M
Bought by
Mascolo Flora M

Purchase Details

Closed on
May 18, 2010
Sold by
Mascolo Flora M
Bought by
Mascolo Flora M

Purchase Details

Closed on
Mar 22, 2010
Sold by
Mascolo Flora M
Bought by
Mascolo Flora M

Purchase Details

Closed on
Oct 30, 2003
Sold by
Godat Joseph L and Godat Gloria M
Bought by
Mascolo Guy and Mascolo Flora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,420,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 1993
Sold by
Godat Joseph Lee
Bought by
Godat Gloria M
Source: Public Records

Range of Values:

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Average Value
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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
David Itamar -- Rtt
Malik Rajeev -- None Available
Mascolo Flora M -- None Available
Mascolo Flora M -- None Available
Mascolo Flora M -- None Available
Mascolo Flora M -- None Available
Mascolo Flora M -- None Available
Mascolo Guy -- --
Godat Gloria M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Malik Rajeev $3,400,000
Previous Owner Mascolo Guy $1,420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2020 08/03/20 For Sale $5,790,000 -- $384 / Sq Ft
07/23/2020 07/23/20 Sold -- -- --
07/20/2020 07/20/20 Off Market -- -- --
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
2023 $117,672 $5,713,353 $2,634,650 $3,078,703
2022 $112,440 $5,021,392 $1,998,700 $3,022,692
2021 $119,075 $5,081,400 $1,817,000 $3,264,400
2020 $128,632 $5,427,221 $1,817,000 $3,610,221
2019 $145,040 $5,853,809 $1,817,000 $4,036,809
2018 $119,301 $4,788,422 $1,544,450 $3,243,972
2017 $116,781 $4,687,248 $1,544,450 $3,142,798
2016 $124,192 $4,945,706 $1,453,600 $3,492,106
2015 $81,342 $4,764,985 $1,453,600 $3,311,385
Source: Public Records

Agents Affiliated with this Home

  • Hunter Dehn

    Seller's Agent in 2020

    Hunter Dehn

    Hunter Dehn Realty

    (214) 471-5007

    339 Total Sales

    Section Image
  • Ashley Gardner

    Seller Co-Listing Agent in 2020

    Ashley Gardner

    Hunter Dehn Realty

    (469) 499-6583

    23 Total Sales

    Section Image
  • Kari Bernstein Horne

    Buyer's Agent in 2020

    Kari Bernstein Horne

    Sync Real Estate

    (214) 762-1540

    100 Total Sales

    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14369781

North Texas Real Estate Information Systems (NTREIS)

APN: R-6487-000-0080-1

Texas Collin County Dallas 75252

5540 N 40 Place, Dallas, TX

This home is located at 5540 N 40 Place, Dallas, TX 75252 since 19 June 2020 and is currently estimated at $6,069,389, approximately $402 per square foot. This property was built in 2007. 5540 N 40 Place is a home located in Collin County with nearby schools including Frankford Middle, Shepton High School, and Plano West Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

North Texas Real Estate Information Systems (NTREIS) Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved

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