Check Availability

114 Ridgeoak Way

114 Ridgeoak Way, Kemp, TX 75143
Sold Feb 22, 2019
$294,000
$241,800 by Leader One Financial Corp
Mortgage Due Jul 01, 2050
Sold Sep 13, 2002
Transfer
114 Ridgeoak Way in Kemp, TX was first built in 1974 and is 50 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 5 full bathrooms. There are 5 partial bathrooms. 114 Ridgeoak Way has 1,440 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. The linear feet across the front of the lot is 1,320 ft and the linear feet between the front and back of the lot is 2,100. In total, the area measurement of the land is 10,974 square feet.

Learn more about the property and building on this page. There is a screened porch and a patio. The roof of the home is made of composition shingle. 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 frame control joints. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 114 Ridgeoak Way sold most recently in Feb 21, 2019 for a total of $294,000. If you work out the math, that's approximately a cost of $204.17 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 $9,129 in taxes each year. 114 Ridgeoak Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $576,291. If we break it down further, the land itself was valued at $297,000. Improvements to the property, however, were assessed at a total of $279,291. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

Exterior

Cedar Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Construction Type: Frame
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 10,974
  • Lot Size Depth Feet: 2,100
  • Lot Size Frontage Feet: 1,320
  • Total Building Area: 1,440
  • Gross Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,440
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKEWAY ESTS (165)
  • Land Acres: 0.251
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 68 AB 93 F BROWN SUR, LAKEWAY ESTATES, BLK 1 LT 68, B/71

Ownership

  • Current Owner : SPANOS STEVEN
  • Current Owner 2: SPANOS JULIE A
  • Previous Owner : HARRISON FRED M
  • Previous Owner 2: HARRISON ANNA B
  • Owner Before Previous Owner: MCHAM RONALD M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Malakoff Independent School District
  • School Tax School District: TV
  • School Tax District Code 2: MALAKOFF ISD
  • Census Tract: 950802

Geography

  • Assessors Map Reference: 15X
  • Account Number: R000054313
  • Parcel: 3310-0001-0680-63
  • Block: 1
  • Lot: 68
  • Municipality: CITY OF TOOL
  • Latitude: 32.2662
  • Longitude: -96.1623

    Address

  • Full Address: 114 Ridgeoak Way
  • Address - House Number: 114
  • Address - Street Name: Ridgeoak
  • Address - Suffix Type: Way
  • State: TX
  • City Name: Tool
  • Carrier Code: R003
  • 4-Digit Zip Code: 1226
  • Zip Code: 75143

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,129
  • Tax Rate Code Area: ES4,HC,HE,

    Appraisal Valuation

  • Standard Deviation: 0.4461
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 10
  • Final Value: 418,788
  • High Value: 605,650
  • Low Value: 231,925

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $241,800
  • First Open Lien Mortgage Lender: LEADER ONE FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Jun 02, 2020
  • First Open Lien Mortgage Loan Amount: $241,800
  • 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: Jul 01, 2050

    Market Valuation

  • Market Total Value: $576,291
  • Market Land Value: $297,000
  • Market Improvement Value: $279,291

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $576,291
  • Assessed Land Value: $297,000
  • Assessed Improvements Value: $279,291

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 21, 2019
  • Current Sale Recording Date: Feb 22, 2019
  • Current Sale Transaction ID: 11587249034
  • Current Sale Price: $294,000
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 2019-00002373
  • Previous Sale Recording Date: Sep 13, 2002
  • Previous Sale Contract Date: Sep 13, 2002
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LEADER ONE FINANCIAL CORP
  • First Mortgage Transaction Date: Feb 22, 2019
  • First Mortgage Loan Amount: $235,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Mar 01, 2049

About Tool



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 1813 Oak Shore Drive, Tool, TX, 75143

$2,500 /mo

  • 2 Beds
  • 1 Bath
  • 905 ft²
1813 Oak Shore Drive, Tool, TX, 75143 Listing by Jessica Harrell

Frequently Asked Questions

What neighborhood is 114 Ridgeoak Way located in?
The 114 Ridgeoak Way is a house located in the neighborhood of Cedar Creek Lake in Tool, Kemp.
What is the average sales price for listings in 114 Ridgeoak Way?
The average sales price for units in 114 Ridgeoak Way is $0 currently.

Quantcast