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12931 Shepherds Hill Lane

12931 Shepherds Hill Lane, Frisco, TX 75035
Property in McKinney
Sold Oct 01, 2020
$488,000
$390,402 by Network Funding Lp
Mortgage Due Oct 01, 2050
12931 Shepherds Hill Lane in Frisco, TX was first built in 2020 and is 4 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 12931 Shepherds Hill Lane has 3,059 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 4,426 square feet.

Learn more about the property and building on this page. There is a unknown. For those who need parking, there is a attached garage. The garage is 420 sqft. 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 wood control joints. The exterior walls of the home are made of brick. Walk inside and you'll find flooring throughout the home. 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, 12931 Shepherds Hill Lane sold most recently in Sep 30, 2020 for a total of $488,000. If you work out the math, that's approximately a cost of $140.27 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 $8,872 in taxes each year. 12931 Shepherds Hill Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $524,874. If we break it down further, the land itself was valued at $140,000. Improvements to the property, however, were assessed at a total of $554,193. 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. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Construction Type: Wood
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Floor Cover: Ceramic
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,426
  • Total Building Area: 3,479
  • Gross Building Area: 3,611
  • Building Area: 3,059
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,059
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EDGEWOOD (CFR)
  • Land Acres: 0.101
  • Standard Land Use Code: Single family residential
  • Legal Description 1: EDGEWOOD (CFR), BLK E, LOT 9

Ownership

  • Current Owner : DHARMALINGAM MADHAVAN
  • Current Owner 2: THANGARAJAH KAVISHTA
  • Previous Owner : NORMANDY HOMES EDGEWOOD LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School Tax School District: FRISCO ISD
  • Census Tract: 030511

Geography

  • District: CFR
  • Parcel: R-11595-00E-0090-1
  • Block: E
  • Lot: 9
  • Municipality: FRISCO CITY
  • Latitude: 33.1421
  • Longitude: -96.766

    Address

  • Full Address: 12931 Shepherds Hill Ln
  • Address - House Number: 12931
  • Address - Street Name: Shepherds Hill
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Frisco
  • Carrier Code: R031
  • 4-Digit Zip Code: 9334
  • Zip Code: 75035

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,872
  • Tax Rate Code Area: SFR

    Appraisal Valuation

  • Standard Deviation: 0.2058
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 837,172
  • High Value: 1,009,504
  • Low Value: 664,840

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $390,402
  • First Open Lien Mortgage Lender: NETWORK FUNDING LP
  • First Open Lien Mortgage Recording Date: Oct 01, 2020
  • First Open Lien Mortgage Loan Amount: $390,402
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $694,193
  • Market Land Value: $140,000
  • Market Improvement Value: $554,193

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $524,874
  • Assessed Land Value: $140,000
  • Assessed Improvements Value: $554,193

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 30, 2020
  • Current Sale Recording Date: Oct 01, 2020
  • Current Sale Transaction ID: 11791537884
  • Current Sale Price: $488,000
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 20201001001682930

    Last Sale Mortgage

  • First Mortgage Lender: NETWORK FUNDING LP
  • First Mortgage Transaction Date: Oct 01, 2020
  • First Mortgage Loan Amount: $390,402
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

About Frisco



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Frequently Asked Questions

What neighborhood is 12931 Shepherds Hill Lane located in?
The 12931 Shepherds Hill Lane is a located in the neighborhood of McKinney in Frisco, Frisco.
What is the average sales price for listings in 12931 Shepherds Hill Lane?
The average sales price for units in 12931 Shepherds Hill Lane is $0 currently.

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