When was property at 108 Cherokee Drive built and last sold?

The property at 108 Cherokee Drive was built in 2007 and last sold on Feb 8, 2024 for $162,925.

How much is this home worth?

The estimated value of the home located at 108 Cherokee Drive is $85,105.

What are some comparable homes to 108 Cherokee Drive?

There are currently no comparable homes to 108 Cherokee Drive.

Forney

75126

Mustang Place

108 Cherokee Drive

$261,650

● House - Off Market

108 Cherokee Drive

Forney, TX 75126

3 Beds

2 Baths, 2 Half Baths

1,564 Ft²

$784

Est. Monthly

26.96%

Cap Rate

About This Property

AUCTIONEERS ANNOUNCEMENT. Bidding now OPEN with seller's informed consent. An opening bid or starting bid may be more or less than indicated. Most auctions start at $1 at online public bidding sites with increasing increments. The Auctioneer has full authorized discretion of publishing starting bid and bid increments in the auction process live or online. (Message the Auctioneer about how to access the reserve.) Property may be purchased immediately as a Reserve Met is authorized. Make the bid and offer the price you are willing to pay ASAP, no matter what you are willing to pay. When bidding is active, see the last bid. Cash or Seller may consider financing offers. Submit offers to the Auctioneer. Subject to Terms and Conditions of Sale, Buyer Costs, as is Condition, Competitive Bids, Seller authorized reserved rights in the liberty of bidding, and Auctioneer Fees. (13) percent Buyer's Premium applies in addition to offer Myers Jackson Auctioneer TDLR 17057.

Unit Size

1,564 Ft²

Days on Market

Land Size

0.16 acres

Price per sqft

$48

Property Type

House

Property Taxes

$415

HOA Dues

Year Built

2007

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (NTREIS #20496405)

Price History

Date / Event	Date	Event
Feb 9, 2024	Sold	Premium
Sold
Dec 18, 2023	Listed by eXp Realty LLC	$75,000
Listed by eXp Realty LLC
Dec 14, 2023	No longer available	-
No longer available
Dec 5, 2023	Price Decreased	$279,900 ↓ $90 (0%)
Price Decreased
Nov 30, 2023	Relisted	$279,990
Relisted
Oct 24, 2023	In contract	-
In contract
Oct 8, 2023	Price Decreased	$279,990 ↓ $16K (5.4%)
Price Decreased
Sep 27, 2023	Price Decreased	$296,000 ↓ $4K (1.3%)
Price Decreased
Sep 9, 2023	Listed by Swingle & Co. Realty	$300,000
Listed by Swingle & Co. Realty

	BACK ON THE MARKET DUE TO BUYER FINANCING NOW OFFERING $5,000 SELLER CONCESSIONS TOWARDS CLOSING COSTS OR RATE BUYDOWN! SELLER TO PAY OFF 50% OF SOLAR PANELS AT CLOSING! Welcome to this 3-bedroom, 2-bath + office home boasting rich, warm tones and cozy accents in Forney! Standout features include the striking brick accent wall, handicap shower, and rain gutters with a leaf filter. The widened driveway is another thoughtful touch, providing plenty of space for parking and easy maneuvering. The eco-friendly solar panels reduce total electric cost by more than 75% with a full warranty through 2045! Don't miss the opportunity to visit this warm, classic home and make it yours! The house has been completely emptied to give you the opportunity to picture it as your own! The manager has listed the unit size as 1564 square feet.

Property Highlights

Air Conditioning

Fireplace

Garage

Building Info

Overview

General

Year Built: 2007

Effective Year Built: 2007
Building Count: 1
Bedroom Count: 0
Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 2
Interior Walls Type: 0
Roof Shape Type: 7
Roof Cover Type: 3
Floor Count: 100
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 400
Parking Space Count: 2
Patio Type: 0
Porch Type: 66
Pool Type: 0

Dimensions

Lot Size Square Feet: 6,900

Total Building Area: 1,964
Gross Building Area: 1,984
Building Area: 1,564
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 1,564
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: MUSTANG PLACE PH 1
Land Acres: 0000000158
Standard Land Use Code: 1001
County Land Use Code: A1
State Land Use Code: A1
Legal Description 1: MUSTANG PLACE PH 1 BLOCK E LOT 5

Neighborhood

School District Name: Forney Independent School District

Census Tract: 050209

Geography

Assessors Map Reference: 364-A

Parcel: 61513
Block: E
Lot: 5
Municipality: FORNEY
Latitude: 32.7509
Longitude: -96.4485

Address

Full Address: 108 Cherokee Dr

Address - House Number: 108
Address - Street Name: Cherokee
Address - Suffix Type: Dr
State: TX
City Name: Forney
Carrier Code: R021
4-Digit Zip Code: 4766
Zip Code: 75126

Valuation

Tax

Tax Year: 2022

Tax Amount: $241,227
Tax Rate Code Area: SF

Appraisal Valuation

Standard Deviation: 0.1582

Valuation Date: Feb 07, 2024
Confidence Score: 80
Final Value: 282,918
High Value: 327,681
Low Value: 238,154

Open Liens

Total Open Liens:

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Total Open Liens Amount:

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Market Valuation

Market Total Value: $289,367

Market Land Value: $80,000
Market Improvement Value: $209,367

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $240,814

Exemptions

Senior Citizen Exemption : Yes

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Feb 08, 2024

Current Sale Recording Date: Feb 09, 2024
Current Sale Price:

Premium
Current Sale Document Type: 27
Current Sale Input Document Number: 3797
Previous Sale Recording Date: Aug 25, 2015
Previous Sale Contract Date: Aug 07, 2015
Previous Sale Amount: $123,800
Previous Sale Document Type: 40

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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First Mortgage Terms:

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Previous Mortgages

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Previous Mortgage Transaction Date:

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Previous Mortgage Loan Amount:

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Previous Mortgage Term:

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Previous Mortgage Loan Due Date:

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Mustang Place

Stats & Trends

Median Asking:

$339,950

Sale Price/ft²

$147

Below Asking

0.04%

Average Days on Market

113

Average Home Size

2352 ft²

Average Home Age

10.7 years

Currently For Sale

3 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 910 York Street, Forney, TX, 75126

$2,200 /mo

3 Beds
2 Baths
1,308 ft²

910 York Street, Forney, TX, 75126 Listing by Belinda Epps

Unit for rent at 1774 Gleasondale Place, Forney, TX, 75126

$2,200 /mo

4 Beds
2 Baths
2,024 ft²

1774 Gleasondale Place, Forney, TX, 75126 Listing by Matthew Albright

Unit for rent at 1012 Barkers Pond Avenue, Forney, TX, 75126

$2,195 /mo

4 Beds
2 Baths
1,710 ft²

1012 Barkers Pond Avenue, Forney, TX, 75126 Listing by Saman Ilangasinghe

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Lynn Beaurline, eXp Realty LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20496405
Details provided by NTREIS and may not match the public record

108 Cherokee Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Mustang Place

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions