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1516 Wentwood Drive

1516 Wentwood Drive, Desoto, TX 75115
Property in Southwest Dallas
Sold Jan 02, 2024
$318,317
$315,166 by Ark-la-tex Fin'l Services, Llc
Mortgage Due Jan 01, 2054
This has been categorized as a residential property type. In total, the area measurement of the land is 7,370 square feet.

Learn more about the property and building on this page. The condition of the building has been evaluated as excellent. 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 Wentwood Drive sold most recently in Dec 28, 2023 for a total of $318,317. 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 $1,290 in taxes each year. 1516 Wentwood Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $56,000. If we break it down further, the land itself was valued at $56,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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. 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

Condition

New Construction

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Excellent
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,370
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARKERVILLE MEADOWS PH III SEC B
  • Land Acres: 0.169
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: PARKERVILLE MEADOWS PH III SEC B BLK P LT 1 ACS 0.1691 INT202200214410 DD09142021 CO-DC 0796000P00100 4CS0796000P

Ownership

  • Current Owner : ALBITER MELISSA
  • Current Owner 2: ALBITER LUIS ANTHONY
  • Previous Owner : LEGEND CLASSIC HOMES LTD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: DeSoto Independent School District
  • School Tax School District: DESOTO ISD
  • Census Tract: 016623

Geography

  • Assessors Map Reference: 200796000P00100
  • Account Number: 200796000P00100
  • Parcel: 20-07960-00P-001-0000
  • Block: P
  • Lot: 1
  • Latitude: 32.5653
  • Longitude: -96.8627

    Address

  • Full Address: 1516 Wentwood Dr
  • Address - House Number: 1516
  • Address - Street Name: Wentwood
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Desoto
  • Carrier Code: R001
  • 4-Digit Zip Code: 1278
  • Zip Code: 75115

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,290
  • Tax Rate Code Area: SS

    Appraisal Valuation

  • Standard Deviation: 0.1723
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 77
  • Final Value: 331,736
  • High Value: 388,905
  • Low Value: 274,568

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $315,166
  • First Open Lien Mortgage Lender: ARK-LA-TEX FIN'L SERVICES, LLC
  • First Open Lien Mortgage Recording Date: Jan 02, 2024
  • First Open Lien Mortgage Loan Amount: $315,166
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2054

    Market Valuation

  • Market Total Value: $56,000
  • Market Land Value: $56,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $56,000
  • Assessed Land Value: $56,000

    Sales

  • Current Sale Contract Date: Dec 28, 2023
  • Current Sale Recording Date: Jan 02, 2024
  • Current Sale Transaction ID: 11918491005
  • Current Sale Price: $318,317
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 6

    Last Sale Mortgage

  • First Mortgage Lender: ARK-LA-TEX FIN'L SERVICES, LLC
  • First Mortgage Transaction Date: Jan 02, 2024
  • First Mortgage Loan Amount: $315,166
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2054

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Frequently Asked Questions

What neighborhood is 1516 Wentwood Drive located in?
The 1516 Wentwood Drive is a located in the neighborhood of Southwest Dallas in DeSoto, Desoto.
What is the average sales price for listings in 1516 Wentwood Drive?
The average sales price for units in 1516 Wentwood Drive is $0 currently.

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