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1116 Wedgewood Drive

1116 Wedgewood Drive, Woodway, TX 76712
Townhouse in Southwood
Sold Feb 11, 2020
$200,000
$197,359 by Fairway Independent Mortgage C
Mortgage Due Mar 01, 2050
Sold Apr 30, 2009
$130,700
$128,917 by Cornerstone Mortgage Co
Mortgage Due May 01, 2039
1116 Wedgewood Drive has been categorized by the local assessors in Woodway, TX as a residential type of property. The building on the property was first built in 1968 and is 56 years old. However, we must point out that the home was most recently renovated and altered in 1990. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1116 Wedgewood Drive has 2,040 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,020 ft and across the front of the lot is 850 ft. The area measurement of the land has been determined as 19,795 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 504 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a open porch and a patio. 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 wood control joints. The building has a reinforced concrete style roof made of composition shingle. The exterior walls of the building are made of brick veneer. As for the floors, you'll see that the home has flooring throughout. 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. The property was last sold in Feb 10, 2020 for $200,000. That's $78.62 per sqft. Prior to that sales transaction, the property was also sold in Apr 30, 2009 for $130,700. 1116 Wedgewood Drive was last assessed in 2023. The total value of the property was assessed at $236,400. Specifically, the land the property is located on was valued at $29,700. While improvements on the property were assessed at a total of $206,700. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $4,916. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
Brick Venner Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Wood
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Reinforced concrete
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 19,795
  • Lot Size Depth Feet: 2,020
  • Lot Size Frontage Feet: 850
  • Total Building Area: 2,544
  • Gross Building Area: 2,544
  • Building Area: 2,040
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,040
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOUTHWOOD
  • Land Acres: 0.454
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SOUTHWOOD LOT 7 BLOCK 7 ACRES .4545

Ownership

  • Current Owner : CLARK WILLIAM F
  • Current Owner 2: CLARK CINDY M
  • Previous Owner : TERRY CHRISTOPHER D
  • Previous Owner 2: TERRY LESLIE E
  • Owner Before Previous Owner: SKEEN A F BUDDY
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Waco Independent School District
  • Census Tract: 002503

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: PG 72D
  • Parcel: 48-038305-057900-0
  • Block: 7
  • Lot: 7
  • Municipality: CITY OF WOODWAY
  • Latitude: 31.5171
  • Longitude: -97.2166

    Address

  • Full Address: 1116 Wedgewood Dr
  • Address - House Number: 1116
  • Address - Street Name: Wedgewood
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Woodway
  • Carrier Code: C080
  • 4-Digit Zip Code: 2432
  • Zip Code: 76712

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,916
  • Tax Rate Code Area: 86

    Appraisal Valuation

  • Standard Deviation: 0.1785
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 76
  • Final Value: 348,019
  • High Value: 410,160
  • Low Value: 285,878

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $197,359
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Feb 11, 2020
  • First Open Lien Mortgage Loan Amount: $197,359
  • 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: Mar 01, 2050

    Market Valuation

  • Market Total Value: $236,400
  • Market Land Value: $29,700
  • Market Improvement Value: $206,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $236,400
  • Assessed Land Value: $29,700
  • Assessed Improvements Value: $206,700

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 10, 2020
  • Current Sale Recording Date: Feb 11, 2020
  • Current Sale Transaction ID: 11724027112
  • Current Sale Price: $200,000
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 2020004793
  • Previous Sale Recording Date: Apr 30, 2009
  • Previous Sale Contract Date: Apr 30, 2009
  • Previous Sale Amount: $130,700
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Feb 11, 2020
  • First Mortgage Loan Amount: $197,359
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: CORNERSTONE MORTGAGE CO
  • Previous Mortgage Transaction Date: Apr 30, 2009
  • Previous Mortgage Loan Amount: $128,917
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2039

About Woodway



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Frequently Asked Questions

What neighborhood is 1116 Wedgewood Drive located in?
The 1116 Wedgewood Drive is a townhouse located in the neighborhood of Southwood in Woodway, Woodway.
What is the average sales price for listings in 1116 Wedgewood Drive?
The average sales price for units in 1116 Wedgewood Drive is $0 currently.

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