NOT LISTED FOR SALE

5550 Martel Ave Dallas, TX 75206

Lower Greenville Neighborhood

Estimated Value: $883,000 - $1,396,625

2 Beds
2 Baths
1,334 Sq Ft
$862/Sq Ft Est. Value

About This Home

This home is located at 5550 Martel Ave, Dallas, TX 75206 and is currently estimated at $1,149,656, approximately $861 per square foot. 5550 Martel 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
Jul 25, 2024
Sold by
Jg Residential Properties Llc
Bought by
Magusiak Nicholas
Current Estimated Value
$1,149,656

Purchase Details

Closed on
May 17, 2024
Sold by
Jg Residential Properties Llc
Bought by
Arispe Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$919,200
Interest Rate
6.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2022
Sold by
Mustique Development Llc
Bought by
Jg Residential Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,080,000
Interest Rate
5.55%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 22, 2019
Sold by
Walters Sarah A and Walters Sarah M
Bought by
Mstique Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2015
Sold by
Walters Robert M and Walters Sarah A
Bought by
Walter Sara M

Purchase Details

Closed on
Oct 17, 2011
Sold by
Higgins Janet
Bought by
Walters Robert M and Walters Sarah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,937
Interest Rate
4.17%
Mortgage Type
VA

Purchase Details

Closed on
May 7, 2004
Sold by
Jones Karla
Bought by
Higgins Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2000
Sold by
Simmons Thomas H
Bought by
Jones Karla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8%
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
Magusiak Nicholas -- Chicago Title
Arispe Michael -- Chicago Title
Arispe Michael -- Chicago Title
Jg Residential Properties Llc -- Lawyers Title
Mstique Development Llc -- Chicago Title
Walter Sara M -- None Available
Walters Robert M -- Ctic
Higgins Janet -- --
Jones Karla -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arispe Michael $919,200
Previous Owner Jg Residential Properties Llc $1,080,000
Previous Owner Mstique Development Llc $400,000
Previous Owner Walters Robert M $248,937
Previous Owner Higgins Janet $176,000
Previous Owner Jones Karla $160,000
Closed Higgins Janet $33,000
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 $25,719 $1,042,900 $175,650 $867,250
2024 $25,719 $1,150,730 $355,600 $795,130
2023 $25,719 $501,990 $355,600 $146,390
2022 $9,094 $363,720 $320,040 $43,680
2021 $9,589 $363,480 $248,920 $114,560
2020 $9,861 $363,480 $248,920 $114,560
2019 $10,342 $363,480 $248,920 $114,560
2018 $8,387 $308,430 $213,360 $95,070
2017 $8,387 $308,430 $213,360 $95,070
2016 $7,592 $279,180 $177,800 $101,380
2015 $5,358 $238,970 $160,020 $78,950
2014 $5,358 $238,970 $160,020 $78,950
Source: Public Records

Map

Texas Dallas County Dallas 75206 Lower Greenville

5550 Martel Ave, Dallas, TX

Not Listed for Sale

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