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117 Royal Way

117 Royal Way, Kemp, TX 75143
Sold Jun 08, 2021
$133,300
$131,572 by Texas State Affordable Hsng Co
Mortgage Due Jul 01, 2051
Sold Oct 16, 2020
$92,600
$74,103 by Bth Bank Na
Mortgage Due Jul 14, 2021
This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 5 full bathrooms. There are 5 partial bathrooms. 117 Royal Way has 952 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 19,602 square feet.

Learn more about the property and building on this page. There is a covered porch. The roof of the home is made of composition shingle. For those who need parking, there is a carport. There is one available parking space. 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. 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, 117 Royal Way sold most recently in Jun 4, 2021 for a total of $133,300. If you work out the math, that's approximately a cost of $140.02 per sqft. Before that, the property was also sold for $92,600 in Oct 14, 2020. 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 $739 in taxes each year. 117 Royal Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $88,096. If we break it down further, the land itself was valued at $3,000. Improvements to the property, however, were assessed at a total of $92,938. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

Wood Exterior

Parking

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

Building Info

Overview

    General

  • Building Count: 3
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Construction Type: Frame
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 19,602
  • Total Building Area: 952
  • Gross Building Area: 952
  • Building Area: 952
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 952
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROYAL OAKS (231)
  • Land Acres: 0.45
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 23R AB 360 G HANCOCK SUR, ROYAL OAKS BLK E LT 23R (RE:LTS 23-25) REPLAT G/230

Ownership

  • Current Owner : MENDOZA MIGUEL ANGEL
  • Current Owner 2: MENDOZA SUSANA
  • Previous Owner : WMS PROPERTY SOLUTIONS LLC
  • Owner Before Previous Owner: SHOEMAKER JAMES M
  • Owner Before Previous Owner 2: SHOEMAKER LINDA M
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Malakoff Independent School District
  • School Tax School District: TV
  • School Tax District Code 2: MALAKOFF ISD
  • Census Tract: 950801

Geography

  • Account Number: R000071205
  • Parcel: 3995-0005-0250-63
  • Block: E
  • Lot: 23,25
  • Municipality: CITY OF TOOL
  • Latitude: 32.2953
  • Longitude: -96.1861

    Address

  • Full Address: 117 Royal Way
  • Address - House Number: 117
  • Address - Street Name: Royal
  • Address - Suffix Type: Way
  • State: TX
  • City Name: Tool
  • Carrier Code: R009
  • 4-Digit Zip Code: 8307
  • Zip Code: 75143

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $739
  • Tax Rate Code Area: ES4,HC,HE,

    Appraisal Valuation

  • Standard Deviation: 0.4461
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 10
  • Final Value: 63,585
  • High Value: 91,956
  • Low Value: 35,213

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $135,519
  • First Open Lien Mortgage Lender: TEXAS STATE AFFORDABLE HSNG CO
  • First Open Lien Mortgage Recording Date: Jun 08, 2021
  • First Open Lien Mortgage Loan Amount: $131,572
  • 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: Jul 01, 2051
  • Second Open Lien Mortgage Lender: TEXAS STATE AFFORDABLE HSNG CO
  • Second Open Lien Mortgage Recording Date: Jun 08, 2021
  • Second Open Lien Mortgage Loan Amount: $3,947
  • Second Open Lien Mortgage Term: 36
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: Aug 04, 2024

    Market Valuation

  • Market Total Value: $95,938
  • Market Land Value: $3,000
  • Market Improvement Value: $92,938

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $88,096
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $92,938

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 04, 2021
  • Current Sale Recording Date: Jun 08, 2021
  • Current Sale Transaction ID: 11841462861
  • Current Sale Price: $133,300
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 2021-00010687
  • Previous Sale Recording Date: Oct 16, 2020
  • Previous Sale Contract Date: Oct 14, 2020
  • Previous Sale Amount: $92,600
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: TEXAS STATE AFFORDABLE HSNG CO
  • First Mortgage Transaction Date: Jun 08, 2021
  • First Mortgage Loan Amount: $131,572
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BTH BANK NA
  • Previous Mortgage Transaction Date: Oct 16, 2020
  • Previous Mortgage Loan Amount: $74,103
  • Previous Mortgage Term: 8
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Jul 14, 2021

About Tool



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 117 Royal Way located in?
The 117 Royal Way is a house located in the neighborhood of Cedar Creek Lake in Tool, Kemp.
What is the average sales price for listings in 117 Royal Way?
The average sales price for units in 117 Royal Way is $0 currently.

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