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1431 Palasades Court

1431 Palasades Court, Rockwall, TX 75087
House in Caruth Lake
Sold May 27, 2022
$578,550
$435,000 by Ntfn Inc
Mortgage Due Jun 01, 2052
Sold Jul 03, 2019
$337,800
$333,350 by United Wholesale Mortgage
Mortgage Due Aug 01, 2049
1431 Palasades Court in Rockwall, TX was first built in 2014 and is 10 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 3 full bathrooms. There are 3 partial bathrooms. 1431 Palasades Court has 2,716 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 650 ft and the linear feet between the front and back of the lot is 1,150. In total, the area measurement of the land is 7,479 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. 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 384 sqft. 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 wood control joints. The exterior walls of the home are made of wood siding. 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 and being fueled with gas. 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, 1431 Palasades Court sold most recently in May 26, 2022 for a total of $578,550. If you work out the math, that's approximately a cost of $186.63 per sqft. Before that, the property was also sold for $337,800 in Jul 2, 2019. 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 $7,763 in taxes each year. 1431 Palasades Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $495,922. If we break it down further, the land itself was valued at $177,000. Improvements to the property, however, were assessed at a total of $318,922. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Wood
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 384
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,479
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 650
  • Total Building Area: 3,100
  • Gross Building Area: 3,188
  • Building Area: 2,716
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,716
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CARUTH LAKES PHASE 7B
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CARUTH LAKES PHASE 7B, BLOCK M, LOT 12, (REPLAT 2014)

Ownership

  • Current Owner : ROBINSON MICHAEL
  • Current Owner 2: ROBINSON MARY RACHEL
  • Previous Owner : ANDREW ENGSTROM PHILP
  • Previous Owner 2: CORBITT TARA
  • Owner Before Previous Owner: REMEDIZ CELESTE
  • Owner Before Previous Owner 2: REMEDIZ TYLER R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Rockwall Independent School District
  • Census Tract: 040202

Geography

  • Subdivision Phase Number: 7B
  • Subdivision Tract Number: 12
  • Parcel: 84502
  • Block: M
  • Lot: 12
  • Municipality: ROCKWALL
  • Latitude: 32.9465
  • Longitude: -96.4433

    Address

  • Full Address: 1431 Palasades Ct
  • Address - House Number: 1431
  • Address - Street Name: Palasades
  • Address - Suffix Type: Ct
  • State: TX
  • City Name: Rockwall
  • Carrier Code: R037
  • 4-Digit Zip Code: 7231
  • Zip Code: 75087

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,763
  • Tax Rate Code Area: SRW

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 490,474
  • High Value: 585,374
  • Low Value: 395,575

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $435,000
  • First Open Lien Mortgage Lender: NTFN INC
  • First Open Lien Mortgage Recording Date: May 27, 2022
  • First Open Lien Mortgage Loan Amount: $435,000
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $495,922
  • Market Land Value: $177,000
  • Market Improvement Value: $318,922

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $495,922
  • Assessed Land Value: $177,000
  • Assessed Improvements Value: $318,922

    Sales

  • Current Sale Contract Date: May 26, 2022
  • Current Sale Recording Date: May 27, 2022
  • Current Sale Transaction ID: 11889265803
  • Current Sale Price: $578,550
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 11888
  • Previous Sale Recording Date: Jul 03, 2019
  • Previous Sale Contract Date: Jul 02, 2019
  • Previous Sale Amount: $337,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NTFN INC
  • First Mortgage Transaction Date: May 27, 2022
  • First Mortgage Loan Amount: $435,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Previous Mortgage Transaction Date: Jul 03, 2019
  • Previous Mortgage Loan Amount: $333,350
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2049

About Caruth Lake



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Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$2,650 /mo

  • 4 Beds
  • 2.5 Baths
  • 2,429 ft²
Listing by The Vinnie Lin Homes Team

Frequently Asked Questions

What neighborhood is 1431 Palasades Court located in?
The 1431 Palasades Court is a house located in the neighborhood of Caruth Lake in Caruth Lake, Rockwall.
What is the average sales price for listings in 1431 Palasades Court?
The average sales price for units in 1431 Palasades Court is $339,500 , or $125/sqft. currently.

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