Check Availability
$617,000 - $753,000
House - In Contract

1516 Timber Edge Drive

McKinney, TX 75072
bedrooms
4 Beds
bathrooms
4 Baths
square feet
3265 Sqft
Sold Feb 23, 2024
$707,560
$532,000 by Cmg Mortgage, Inc.
Mortgage Due Mar 01, 2054
Sold Mar 14, 2001
$235,000
$188,000 by Share Plus Fcu
Mortgage Due Apr 01, 2031

About This Property

Welcome to your home in prestigious McKinney! Stunning split level boasts luxury living with 4 bedrms, 4 bthrms, in Stonebridge Country Club and golf course HOA. Inside you are greeted by formal ofc perfect for home workers or 2nd downstairs bedroom.  Elegant formal dining rm for hosting dinner parties and spacious eat in kitchen complete with ample counter space.

2nd floor has large 2nd primary bed with ensuite bath plus 2 additional bedrms centered around large media rm. Dont miss secret passageway in closet from bed 2 to bed 3! For added peace of mind, 1st flr owner's suite has safe room suitable for storm protection, ensuring you have a secure space during inclement weather. Backyard oasis has heated pool & spa, covered patio, built in fireplace and BBQ grill for year round relaxation.

With its combination of elegance, functionality, and safety, this 2 story gem is ready to become your forever home. Don't miss the opportunity to make lasting memories in this exceptional property.

The manager has listed the unit size as 3265 square feet.
Unit Size
3,265Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$210
Property Type
House
Property Taxes
-
HOA Dues
$953
Year Built
1993
Listed By

Price History

Date / Event Date Event Price
Feb 2, 2024 In contract -
In contract
Jan 6, 2024 Listed $685,000
Listed

Property Highlights

Fireplace
Air Conditioning
Interior Details

Fireplace Information

Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 607
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,060
  • Total Building Area: 3,871
  • Gross Building Area: 3,949
  • Building Area: 3,264
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,264
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SPRING HILL PHASE I (CMC)
  • Land Acres: 0.185
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SPRING HILL PHASE I (CMC), BLK B, LOT 17

Ownership

  • Current Owner : COOK RANDALL
  • Current Owner 2: COOK KELLY
  • Previous Owner : LUTON JULIE
  • Owner Before Previous Owner: KESLING CLYDE
  • Owner Before Previous Owner 2: KESLING SALLY H
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: McKinney Independent School District
  • School Tax School District: MCKINNEY ISD
  • Census Tract: 030534

Geography

  • Assessors Map Reference: 538-P
  • District: CMC
  • Parcel: R-2473-00B-0170-1
  • Block: B
  • Lot: 17
  • Municipality: MCKINNEY CITY
  • Latitude: 33.1825
  • Longitude: -96.6914

    Address

  • Full Address: 1516 Timber Edge Dr
  • Address - House Number: 1516
  • Address - Street Name: Timber Edge
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Mckinney
  • Carrier Code: R005
  • 4-Digit Zip Code: 5483
  • Zip Code: 75072

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,812
  • Tax Rate Code Area: SMC

    Appraisal Valuation

  • Standard Deviation: 0.2108
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 578,087
  • High Value: 699,988
  • Low Value: 456,185

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $532,000
  • First Open Lien Mortgage Lender: CMG MORTGAGE, INC.
  • First Open Lien Mortgage Recording Date: Feb 23, 2024
  • First Open Lien Mortgage Loan Amount: $532,000
  • 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, 2054

    Market Valuation

  • Market Total Value: $622,825
  • Market Land Value: $160,000
  • Market Improvement Value: $462,825

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $493,536
  • Assessed Land Value: $160,000
  • Assessed Improvements Value: $462,825

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 22, 2024
  • Current Sale Recording Date: Feb 23, 2024
  • Current Sale Transaction ID: 11921533111
  • Current Sale Price: $707,560
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20574
  • Previous Sale Recording Date: Mar 14, 2001
  • Previous Sale Contract Date: Mar 09, 2001
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: CMG MORTGAGE, INC.
  • First Mortgage Transaction Date: Feb 23, 2024
  • First Mortgage Loan Amount: $532,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: SHARE PLUS FCU
  • Previous Mortgage Transaction Date: Mar 14, 2001
  • Previous Mortgage Loan Amount: $188,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Apr 01, 2031

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
3,034 ft²
$239/ft²
$725,000 Dec 13, 2023
-
$2,339/mo
House
4 Beds
3.5 Baths
3,416 ft²
$222/ft²
$759,900 Oct 27, 2023
-
$953/mo
House
4 Beds
3.5 Baths
2,971 ft²
$227/ft²
$675,000 Feb 3, 2024
-
$953/mo
House
3 Beds
2.5 Baths
3,265 ft²
$214/ft²
$699,000 Jan 13, 2024
-
$953/mo
House
3 Beds
3 Baths
2,903 ft²
$217/ft²
$629,000 Nov 30, 2023
-
$2,152/mo
House
5 Beds
2.5 Baths
2,805 ft²
$230/ft²
$645,000 Oct 28, 2023
-
$953/mo
House
3 Beds
2.5 Baths
2,359 ft²
$240/ft²
$565,000 Oct 15, 2023
-
$275/mo

About Stonebridge Ranch


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Frequently Asked Questions

When was property at 1516 Timber Edge Drive built and last sold?
The property at 1516 Timber Edge Drive was built in 1993 and last sold on Feb 22, 2024 for $707,560.
How much is this home worth?
The estimated value of the home located at 1516 Timber Edge Drive is $693,681.
What are some comparable homes to 1516 Timber Edge Drive?
Homes that are comparable to 1516 Timber Edge Drive include a house property at 802 Parkwood Court, 5605 Sandalwood Drive, 1515 Hunters Creek Drive.

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