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1308 Cherry Hill Lane

1308 Cherry Hill Lane, Lewisville, TX 75067
Sold Feb 20, 2020
$151,300
$121,000 by Provident Funding Associates L
Mortgage Due Mar 01, 2050
1308 Cherry Hill Lane in Lewisville, TX was first built in 1972 and is 52 years old. Although, the building on the property was most recently renovated and altered in 1995. 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, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1308 Cherry Hill Lane has 1,572 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 660 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 7,920 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 440 sqft. There are a total of 2 available parking spaces. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick veneer. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. 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, 1308 Cherry Hill Lane sold most recently in Feb 19, 2020 for a total of $151,300. If you work out the math, that's approximately a cost of $75.20 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 $5,877 in taxes each year. 1308 Cherry Hill Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $338,000. If we break it down further, the land itself was valued at $63,881. Improvements to the property, however, were assessed at a total of $274,119. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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

Brick Exterior

Parking

On-Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,920
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 660
  • Total Building Area: 2,012
  • Gross Building Area: 2,012
  • Building Area: 1,572
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,572
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LEWISVILLE VALLEY 1
  • Land Acres: 0.182
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LEWISVILLE VALLEY 1 BLK C LOT 16

Ownership

  • Current Owner : REDDY RAM SAMA
  • Previous Owner : 1308 CHERRY HILL LANE SERIES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lewisville Independent School District
  • Census Tract: 021717

Geography

  • Assessors Map Reference: 628-F
  • Parcel: R00084
  • Block: C
  • Lot: 16
  • Municipality: LEWISVILLE CITY
  • Latitude: 33.0441
  • Longitude: -97.0271

    Address

  • Full Address: 1308 Cherry Hill Ln
  • Address - House Number: 1308
  • Address - Street Name: Cherry Hill
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Lewisville
  • Carrier Code: C057
  • 4-Digit Zip Code: 3309
  • Zip Code: 75067

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,877
  • Tax Rate Code Area: S09

    Appraisal Valuation

  • Standard Deviation: 0.211
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 336,374
  • High Value: 407,354
  • Low Value: 265,393

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $121,000
  • First Open Lien Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • First Open Lien Mortgage Recording Date: Feb 20, 2020
  • First Open Lien Mortgage Loan Amount: $121,000
  • 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: Mar 01, 2050

    Market Valuation

  • Market Total Value: $338,000
  • Market Land Value: $63,881
  • Market Improvement Value: $274,119

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $338,000
  • Assessed Land Value: $63,881
  • Assessed Improvements Value: $274,119

    Sales

  • Current Sale Contract Date: Feb 19, 2020
  • Current Sale Recording Date: Feb 20, 2020
  • Current Sale Transaction ID: 11737118053
  • Current Sale Price: $151,300
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 2020-022283

    Last Sale Mortgage

  • First Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • First Mortgage Transaction Date: Feb 20, 2020
  • First Mortgage Loan Amount: $121,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

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Frequently Asked Questions

What neighborhood is 1308 Cherry Hill Lane located in?
The 1308 Cherry Hill Lane is a house located in the neighborhood of Lewisville Valley in Lewisville Valley, Lewisville.
What is the average sales price for listings in 1308 Cherry Hill Lane?
The average sales price for units in 1308 Cherry Hill Lane is $0 currently.

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