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1223 Strathmore Drive

1223 Strathmore Drive, Southlake, TX 76092
Sold Jun 03, 2020
$510,600
$408,500 by V I P Mortgage Inc
Mortgage Due Jul 01, 2050
Sold Aug 14, 2017
$530,100
$424,100 by Fairway Independent Mortgage C
Mortgage Due Aug 01, 2047
1223 Strathmore Drive has been categorized by the local assessors in Southlake, TX as a residential type of property. The building on the property was first built in 1996 and is 28 years old. The home has a total of 5 bedrooms. Residents will have access to 5 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1223 Strathmore Drive has 5,304 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 19,284 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 garage for those who require parking. The garage measured 740 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as good. 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 brick control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. 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. 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, 1223 Strathmore Drive was last sold in May 26, 2020 for $510,600. According to our calculations, that's $96.27 per sqft. Prior to that sales transaction, the property was sold for $530,100 in Jul 28, 2017. Current property owners are expected to pay $17,722 in taxes per year. The property on 1223 Strathmore Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,450,000. To break that down further, the land itself was valued at $250,000. While improvements to the property were assessed at a total of $1,200,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 740
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 19,284
  • Total Building Area: 5,304
  • Gross Building Area: 5,304
  • Building Area: 5,304
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 5,304
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TIMARRON ADDN - STRATHMORE
  • Land Acres: 0.443
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TIMARRON ADDN - STRATHMORE BLOCK 24 LOT 20

Ownership

  • Current Owner : FOSTER JAMES MOREY
  • Current Owner 2: FOSTER ANNE MARIE
  • Previous Owner : FOSTER JAMES M
  • Previous Owner 2: PASOS FOSTER ANNE
  • Owner Before Previous Owner: FOSTER JAMES M
  • Owner Before Previous Owner 2: FOSTER ANNE PASOS
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Carroll Independent School District
  • School Tax School District: CARROLL
  • Census Tract: 113958

Geography

  • Assessors Map Reference: 26-S
  • Account Number: 06838464
  • District: 022
  • Parcel: 06838464
  • Block: 24
  • Lot: 20
  • Municipality: SOUTHLAKE
  • Latitude: 32.9228
  • Longitude: -97.1457

    Address

  • Full Address: 1223 Strathmore Dr
  • Address - House Number: 1223
  • Address - Street Name: Strathmore
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Southlake
  • Carrier Code: R032
  • 4-Digit Zip Code: 9520
  • Zip Code: 76092

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $17,722
  • Tax Rate Code Area: 919

    Appraisal Valuation

  • Standard Deviation: 0.2144
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 70
  • Final Value: 1,088,376
  • High Value: 1,321,791
  • Low Value: 854,961

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $408,500
  • First Open Lien Mortgage Lender: V I P MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jun 03, 2020
  • First Open Lien Mortgage Loan Amount: $408,500
  • 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: $1,450,000
  • Market Land Value: $250,000
  • Market Improvement Value: $1,200,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,450,000
  • Assessed Land Value: $250,000
  • Assessed Improvements Value: $1,200,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 26, 2020
  • Current Sale Recording Date: Jun 03, 2020
  • Current Sale Transaction ID: 11765405255
  • Current Sale Price: $510,600
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: D220127209
  • Previous Sale Recording Date: Aug 14, 2017
  • Previous Sale Contract Date: Jul 28, 2017
  • Previous Sale Amount: $530,100
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: V I P MORTGAGE INC
  • First Mortgage Transaction Date: Jun 03, 2020
  • First Mortgage Loan Amount: $408,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • Previous Mortgage Transaction Date: Aug 14, 2017
  • Previous Mortgage Loan Amount: $424,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone First
  • Previous Mortgage Loan Due Date: Aug 01, 2047

About Southlake



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$3,500 /mo

  • 4 Beds
  • 2.5 Baths
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Frequently Asked Questions

What neighborhood is 1223 Strathmore Drive located in?
The 1223 Strathmore Drive is a located in the neighborhood of Northeast Tarrant in Southlake, Southlake.
What is the average sales price for listings in 1223 Strathmore Drive?
The average sales price for units in 1223 Strathmore Drive is $0 currently.

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