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1506 Petaluma Drive

1506 Petaluma Drive, Rockwall, TX 75087
Sold Mar 28, 2019
$334,900
$267,924 by Dhi Mortgage Company Ltd
Mortgage Due Apr 01, 2049
Local assessors in Rockwall, TX have categorized 1506 Petaluma Drive as a residential type of property. The home was built in 2018 and is 6 years old. The property's lot size has been calculated to be 10,271 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 760 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1506 Petaluma Drive has a total of 2,702 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 584 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. The building has a gable or hip style roof that was made of composition shingle. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Mar 28, 2019 for $334,900. That's $101.92 per sqft. 1506 Petaluma Drive was last assessed in 2023. The total value of the property was assessed at $425,932. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $6,668. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Condition

New Construction

Exterior

Brick Exterior

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Wood
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 584
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,271
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 760
  • Total Building Area: 3,286
  • Gross Building Area: 3,355
  • Building Area: 2,702
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,702
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKEVIEW SUMMIT PHASE IV
  • Land Acres: 0.236
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKEVIEW SUMMIT PHASE IV, BLOCK A, LOT 36

Ownership

  • Current Owner : KASEM AZZAM SANAA
  • Current Owner 2: KASEM MOHAMED
  • Previous Owner : D R HORTON TEXAS LTD
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Rockwall Independent School District
  • Census Tract: 040101

Geography

  • Assessors Map Reference: 283-F
  • Subdivision Phase Number: 4
  • Subdivision Tract Number: 36
  • Parcel: 72305
  • Block: A
  • Lot: 36
  • Municipality: ROCKWALL
  • Latitude: 32.9481
  • Longitude: -96.4704

    Address

  • Full Address: 1506 Petaluma Dr
  • Address - House Number: 1506
  • Address - Street Name: Petaluma
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Rockwall
  • Carrier Code: R040
  • 4-Digit Zip Code: 6661
  • Zip Code: 75087

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,668
  • Tax Rate Code Area: SRW

    Appraisal Valuation

  • Standard Deviation: 0.203
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 510,369
  • High Value: 614,010
  • Low Value: 406,728

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $267,924
  • First Open Lien Mortgage Lender: DHI MORTGAGE COMPANY LTD
  • First Open Lien Mortgage Recording Date: Mar 28, 2019
  • First Open Lien Mortgage Loan Amount: $267,924
  • 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: Apr 01, 2049

    Market Valuation

  • Market Total Value: $530,361
  • Market Land Value: $165,000
  • Market Improvement Value: $365,361

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $425,932

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 28, 2019
  • Current Sale Recording Date: Mar 28, 2019
  • Current Sale Transaction ID: 11596252765
  • Current Sale Price: $334,900
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 20190000004395

    Last Sale Mortgage

  • First Mortgage Lender: DHI MORTGAGE COMPANY LTD
  • First Mortgage Transaction Date: Mar 28, 2019
  • First Mortgage Loan Amount: $267,924
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2049

About Lakeview Summit



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Frequently Asked Questions

What neighborhood is 1506 Petaluma Drive located in?
The 1506 Petaluma Drive is a house located in the neighborhood of Lakeview Summit in Lakeview Summit, Rockwall.
What is the average sales price for listings in 1506 Petaluma Drive?
The average sales price for units in 1506 Petaluma Drive is $0 currently.

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