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1516 Palo Alto Drive

1516 Palo Alto Drive, Von Ormy, TX 78073
Property in Poteet
Sold Sep 20, 2021
$86,400
$69,100 by Amerifirst Financial Inc
Mortgage Due Oct 01, 2036
Sold Mar 31, 2016
$72,500
$71,579 by R M K Financial Corp
Mortgage Due Apr 01, 2046
Local assessors in Von Ormy, TX have categorized 1516 Palo Alto Drive as a residential type of property. The home was built in 2004 and is 20 years old. The property's lot size has been calculated to be 174,240 square feet. If we look only at the heated or air conditioned part of the building, then 1516 Palo Alto Drive has a total of 2,128 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 carport for those who need a place to park their vehicle. The garage on the property is 896 sqft. 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, 1516 Palo Alto Drive sold most recently in Sep 9, 2021 for a total of $86,400. If you work out the math, that's approximately a cost of $40.60 per sqft. Before that, the property was also sold for $72,500 in Mar 10, 2016. 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 $4,975 in taxes each year. 1516 Palo Alto Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $208,600. If we break it down further, the land itself was valued at $87,120. Improvements to the property, however, were assessed at a total of $121,480. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 0
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 896
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 174,240
  • Total Building Area: 2,128
  • Gross Building Area: 2,128
  • Building Area: 2,128
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,128
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PALO ALTO UNIT II
  • Land Acres: 4
  • Standard Land Use Code: Mobile home or trailer park
  • Legal Description 1: PALO ALTO UNIT II BLK 2 LOT 251 4.0 HUD# PFS0836078;HUD#2 PFS0836079

Ownership

  • Current Owner : JAMES MICHAEL A
  • Current Owner 2: JAMES AMY L
  • Previous Owner : JAMES TRAVIS W
  • Owner Before Previous Owner: 21ST MORTGAGE CORP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Somerset Independent School District
  • Census Tract: 960206

Geography

  • Account Number: 02760-02-002-025100
  • Parcel: R27450
  • Block: 2
  • Lot: 251
  • Municipality: VON ORMY
  • Latitude: 29.1733
  • Longitude: -98.6071

    Address

  • Full Address: 1516 Palo Alto Dr
  • Address - House Number: 1516
  • Address - Street Name: Palo Alto
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Von Ormy
  • Carrier Code: R004
  • 4-Digit Zip Code: 5923
  • Zip Code: 78073

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,975
  • Tax Rate Code Area: FMLR GAT S

    Appraisal Valuation

  • Standard Deviation: 0.4091
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 18
  • Final Value: 163,266
  • High Value: 230,059
  • Low Value: 96,472

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $69,100
  • First Open Lien Mortgage Lender: AMERIFIRST FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Sep 20, 2021
  • First Open Lien Mortgage Loan Amount: $69,100
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2036

    Market Valuation

  • Market Total Value: $208,600
  • Market Land Value: $87,120
  • Market Improvement Value: $121,480

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $208,600
  • Assessed Land Value: $87,120
  • Assessed Improvements Value: $121,480

    Sales

  • Current Sale Contract Date: Sep 09, 2021
  • Current Sale Recording Date: Sep 20, 2021
  • Current Sale Transaction ID: 11857494157
  • Current Sale Price: $86,400
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 217836
  • Previous Sale Recording Date: Mar 31, 2016
  • Previous Sale Contract Date: Mar 10, 2016
  • Previous Sale Amount: $72,500
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: AMERIFIRST FINANCIAL INC
  • First Mortgage Transaction Date: Sep 20, 2021
  • First Mortgage Loan Amount: $69,100
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: R M K FINANCIAL CORP
  • Previous Mortgage Transaction Date: Mar 31, 2016
  • Previous Mortgage Loan Amount: $71,579
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2046

About Atascosa



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Frequently Asked Questions

What neighborhood is 1516 Palo Alto Drive located in?
The 1516 Palo Alto Drive is a located in the neighborhood of Poteet in Atascosa, Von Ormy.
What is the average sales price for listings in 1516 Palo Alto Drive?
The average sales price for units in 1516 Palo Alto Drive is $0 currently.

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