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1033 Mercury Drive

1033 Mercury Drive, Lavon, TX 75166
Property in Nevada
Sold Apr 10, 2015
$257,400
$205,936 by Dhi Mortgage Company Ltd
Mortgage Due May 01, 2045
1033 Mercury Drive has been categorized by the local assessors in Lavon, TX as a residential type of property. The building on the property was first built in 2014 and is 10 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. In addition, 1033 Mercury Drive has 2,475 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 8,127 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 493 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a unknown. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1033 Mercury Drive sold most recently in Apr 9, 2015 for a total of $257,400. If you work out the math, that's approximately a cost of $80.87 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,598 in taxes each year. 1033 Mercury Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $188,550. If we break it down further, the land itself was valued at $43,125. Improvements to the property, however, were assessed at a total of $156,635. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 493
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 8,127
  • Total Building Area: 3,183
  • Building Area: 2,475
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,475
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRAND HERITAGE - WEST C (CLA)
  • Land Acres: 0.187
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GRAND HERITAGE - WEST C (CLA), BLK B, LOT 52; UDI 2016

Ownership

  • Current Owner : MANN BALTEJ S
  • Current Owner 2: MANN BHUPINDER S
  • Previous Owner : D R HORTON-TEXAS LTD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Community Independent School District
  • School Tax School District: COMMUNITY ISD
  • Census Tract: 031202

Zoning

  • Zoning: PD

Geography

  • Assessors Map Reference: 643-U
  • District: CLA
  • Parcel: R-9591-00B-0520-1
  • Block: B
  • Lot: 52
  • Municipality: LAVON CITY
  • Latitude: 33.021
  • Longitude: -96.4591

    Address

  • Full Address: 1033 Mercury Dr
  • Address - House Number: 1033
  • Address - Street Name: Mercury
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Lavon
  • Carrier Code: R003
  • 4-Digit Zip Code: 1868
  • Zip Code: 75166

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,598
  • Tax Rate Code Area: SCO

    Appraisal Valuation

  • Standard Deviation: 0.2377
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 407,095
  • High Value: 503,884
  • Low Value: 310,306

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $205,936
  • First Open Lien Mortgage Lender: DHI MORTGAGE COMPANY LTD
  • First Open Lien Mortgage Recording Date: Apr 10, 2015
  • First Open Lien Mortgage Loan Amount: $205,936
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2045

    Market Valuation

  • Market Total Value: $199,760
  • Market Land Value: $43,125
  • Market Improvement Value: $156,635

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $188,550
  • Assessed Land Value: $43,125
  • Assessed Improvements Value: $156,635

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 09, 2015
  • Current Sale Recording Date: Apr 10, 2015
  • Current Sale Transaction ID: 1160014616
  • Current Sale Price: $257,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20150410000403970

    Last Sale Mortgage

  • First Mortgage Lender: DHI MORTGAGE COMPANY LTD
  • First Mortgage Transaction Date: Apr 10, 2015
  • First Mortgage Loan Amount: $205,936
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2045

About Lavon



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Frequently Asked Questions

What neighborhood is 1033 Mercury Drive located in?
The 1033 Mercury Drive is a located in the neighborhood of Nevada in Lavon, Lavon.
What is the average sales price for listings in 1033 Mercury Drive?
The average sales price for units in 1033 Mercury Drive is $0 currently.

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