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11502 Lago Verde Drive

11502 Lago Verde Drive, Richmond, TX 77406
Sold Jun 14, 2013
$500,000
$400,000 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2043
Sold Dec 04, 2012
$597,000
$477,562 by Irc Builders Funding Ltd
Mortgage
11502 Lago Verde Drive in Richmond, TX was first built in 2012 and is 12 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 11502 Lago Verde Drive has 4,343 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 16,169 square feet.

Learn more about the property and building on this page. There is a open porch. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable or hip style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 815 sqft. There are a total of 3 available parking spaces. The condition of the building has been evaluated as excellent. The exterior walls of the home are made of brick veneer. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 11502 Lago Verde Drive was last sold in Jun 13, 2013 for $500,000. According to our calculations, that's $96.94 per sqft. Prior to that sales transaction, the property was sold for $597,000 in Nov 20, 2012. Current property owners are expected to pay $18,768 in taxes per year. The property on 11502 Lago Verde Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $908,710. While improvements to the property were assessed at a total of $936,460. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Excellent
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 815
  • Parking Space Count: 3
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 16,169
  • Total Building Area: 5,158
  • Gross Building Area: 5,158
  • Building Area: 4,343
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,343
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKES OF BELLA TERRA SEC 7
  • Land Acres: 0.371
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKES OF BELLA TERRA SEC 7, BLOCK 1, LOT 22

Ownership

  • Current Owner : GARCIA CARLOS E
  • Current Owner 2: TORRESOLA GRISEIDA
  • Previous Owner : RESIDENTIAL COMPLETIONS II LLC
  • Owner Before Previous Owner: L O B LIMITED PARTNERSHIP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lamar Consolidated Independent School District
  • School Tax School District: S01 M182 G01
  • Census Tract: 673403

Geography

  • Assessors Map Reference: Z-029
  • Parcel: 4777-07-001-0220-901
  • Block: 1
  • Lot: 22
  • Municipality: RICHMOND
  • Latitude: 29.6882
  • Longitude: -95.7897

    Address

  • Full Address: 11502 Lago Verde Dr
  • Address - House Number: 11502
  • Address - Street Name: Lago Verde
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Richmond
  • Carrier Code: R028
  • 4-Digit Zip Code: 4597
  • Zip Code: 77406

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $18,768
  • Tax Rate Code Area: S01

    Appraisal Valuation

  • Standard Deviation: 0.1717
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 998,661
  • High Value: 1,170,143
  • Low Value: 827,178

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jun 14, 2013
  • First Open Lien Mortgage Loan Amount: $400,000
  • 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: Jul 01, 2043

    Market Valuation

  • Market Total Value: $1,091,660
  • Market Land Value: $155,200
  • Market Improvement Value: $936,460

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $908,710
  • Assessed Improvements Value: $936,460

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 13, 2013
  • Current Sale Recording Date: Jun 14, 2013
  • Current Sale Transaction ID: 1149612543
  • Current Sale Price: $500,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2013073537
  • Previous Sale Recording Date: Dec 04, 2012
  • Previous Sale Contract Date: Nov 20, 2012
  • Previous Sale Amount: $597,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jun 14, 2013
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: IRC BUILDERS FUNDING LTD
  • Previous Mortgage Transaction Date: Dec 04, 2012
  • Previous Mortgage Loan Amount: $477,562
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 11502 Lago Verde Drive located in?
The 11502 Lago Verde Drive is a located in the neighborhood of Lakes of Bella Terra in Lakes of Bella Terra, Richmond.
What is the average sales price for listings in 11502 Lago Verde Drive?
The average sales price for units in 11502 Lago Verde Drive is $0 currently.

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