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1509 Lee Street

1509 Lee Street, Texarkana, TX 75501
Property in Texarkana
Sold Aug 03, 2020
$37,400
$29,920 by Bancorpsouth Bank
Mortgage Due Aug 03, 2050
Local assessors in Texarkana, TX have categorized 1509 Lee Street as a residential type of property. The property's lot size has been calculated to be 10,019 square feet. If we look only at the heated or air conditioned part of the building, then 1509 Lee Street has a total of 1,640 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. 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, 1509 Lee Street was last sold in Jul 24, 2020 for $37,400. According to our calculations, that's $22.80 per sqft. Current property owners are expected to pay $1,008 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 1509 Lee Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $42,579. To break that down further, the land itself was valued at $1,500. While improvements to the property were assessed at a total of $41,079. 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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,640
  • Building Area: 1,640
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,640
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: H E RAPE
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: H E RAPE LOTS 2 3 2020-7678 08/03/20 BLK/TRACT 3 0.23 ACRES

Ownership

  • Current Owner : M COTTON INVESTMENTS LLC
  • Previous Owner : JACOBS JAMES E
  • Previous Owner 2: JACOBS JOYCE
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Nov 20, 2023

Neighborhood

  • School District Name: Texarkana Independent School District
  • Census Tract: 010400

Geography

  • Account Number: 19300001300
  • Parcel: 42357
  • Lot: 2-3
  • Municipality: TEXARKANA
  • Latitude: 33.4149
  • Longitude: -94.0626

    Address

  • Full Address: 1509 Lee St
  • Address - House Number: 1509
  • Address - Street Name: Lee
  • Address - Suffix Type: St
  • State: TX
  • City Name: Texarkana
  • Carrier Code: C011
  • 4-Digit Zip Code: 6437
  • Zip Code: 75501

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,008
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: P1 1B 2T 3

    Appraisal Valuation

  • Standard Deviation: 0.2502
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 64
  • Final Value: 61,068
  • High Value: 76,353
  • Low Value: 45,783

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $29,920
  • First Open Lien Mortgage Lender: BANCORPSOUTH BANK
  • First Open Lien Mortgage Recording Date: Aug 03, 2020
  • First Open Lien Mortgage Loan Amount: $29,920
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Aug 03, 2050

    Market Valuation

  • Market Total Value: $42,579
  • Market Land Value: $1,500
  • Market Improvement Value: $41,079

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,579
  • Assessed Land Value: $1,500
  • Assessed Improvements Value: $41,079

    Sales

  • Current Sale Contract Date: Jul 24, 2020
  • Current Sale Recording Date: Aug 03, 2020
  • Current Sale Transaction ID: 11786276530
  • Current Sale Price: $37,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-00007678

    Last Sale Mortgage

  • First Mortgage Lender: BANCORPSOUTH BANK
  • First Mortgage Transaction Date: Aug 03, 2020
  • First Mortgage Loan Amount: $29,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Texarkana



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1509 Lee Street located in?
The 1509 Lee Street is a located in the neighborhood of Texarkana in Texarkana, Texarkana.
What is the average sales price for listings in 1509 Lee Street?
The average sales price for units in 1509 Lee Street is $0 currently.

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