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1054 Margo Drive

1054 Margo Drive, Allen, TX 75013
House in Plano
Sold Apr 29, 2019
$378,000
$390,000 by United Wholesale Mortgage
Mortgage Due Nov 01, 2051
1054 Margo Drive in Allen, TX was first built in 2018 and is 6 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 1054 Margo Drive has 2,395 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 4,308 square feet.

Learn more about the property and building on this page. There is a unknown. For those who need parking, there is a attached garage. The garage is 389 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The exterior walls of the home are made of brick. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. 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, 1054 Margo Drive sold most recently in Apr 26, 2019 for a total of $378,000. If you work out the math, that's approximately a cost of $135.78 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 $9,495 in taxes each year. 1054 Margo Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $529,756. If we break it down further, the land itself was valued at $130,000. Improvements to the property, however, were assessed at a total of $399,756. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

Building Features

Condition

New Construction

Exterior

Brick Exterior
Stone Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Construction Type: Wood
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Floor Cover: Ceramic
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 389
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,308
  • Total Building Area: 2,784
  • Gross Building Area: 2,864
  • Building Area: 2,395
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,395
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLAGE AT TWIN CREEKS PHASE TWO (CAL)
  • Land Acres: 0.098
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VILLAGE AT TWIN CREEKS PHASE TWO (CAL), BLK D, LOT 20

Ownership

  • Current Owner : VINES KENT C
  • Current Owner 2: VINES LINA ZHU
  • Previous Owner : M I HOMES OF DFW LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Allen Independent School District
  • School Tax School District: ALLEN ISD
  • Census Tract: 031507

Zoning

  • Zoning: SF

Geography

  • District: CAL
  • Parcel: R-11010-00D-0200-1
  • Block: D
  • Lot: 20
  • Municipality: ALLEN CITY
  • Latitude: 33.112
  • Longitude: -96.686

    Address

  • Full Address: 1054 Margo Dr
  • Address - House Number: 1054
  • Address - Street Name: Margo
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Allen
  • Carrier Code: R055
  • 4-Digit Zip Code: 6494
  • Zip Code: 75013

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,495
  • Tax Rate Code Area: SAL

    Appraisal Valuation

  • Standard Deviation: 0.2126
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 585,527
  • High Value: 710,037
  • Low Value: 461,017

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $390,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 22, 2021
  • First Open Lien Mortgage Loan Amount: $390,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $529,756
  • Market Land Value: $130,000
  • Market Improvement Value: $399,756

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $529,756
  • Assessed Land Value: $130,000
  • Assessed Improvements Value: $399,756

    Sales

  • Current Sale Contract Date: Apr 26, 2019
  • Current Sale Recording Date: Apr 29, 2019
  • Current Sale Transaction ID: 11603459917
  • Current Sale Price: $378,000
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 20190429000463220

    Last Sale Mortgage

  • First Mortgage Lender: GREATW ALL INC
  • First Mortgage Transaction Date: Apr 29, 2019
  • First Mortgage Loan Amount: $302,400
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2034

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Frequently Asked Questions

What neighborhood is 1054 Margo Drive located in?
The 1054 Margo Drive is a house located in the neighborhood of Plano in Allen, Allen.
What is the average sales price for listings in 1054 Margo Drive?
The average sales price for units in 1054 Margo Drive is $0 currently.

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