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1516 Willoughby Way

1516 Willoughby Way, Little Elm, TX 75068
Sold Dec 11, 2018
$244,800
Sold Jul 17, 2018
Transfer
1516 Willoughby Way in Little Elm, TX was first built in 2013 and is 11 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1516 Willoughby Way has 1,962 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,970 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a hip style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 440 sqft. There are a total of 2 available parking spaces. The exterior walls of the home are made of brick veneer. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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 Willoughby Way sold most recently in Dec 7, 2018 for a total of $244,800. If you work out the math, that's approximately a cost of $101.96 per sqft. 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 $7,545 in taxes each year. 1516 Willoughby Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $427,000. If we break it down further, the land itself was valued at $88,424. Improvements to the property, however, were assessed at a total of $338,576. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 2,401
  • Gross Building Area: 2,401
  • Building Area: 1,962
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,962
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FRISCO RANCH PHASE 4B
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FRISCO RANCH PHASE 4B BLK X LOT 56

Ownership

  • Current Owner : DUGGAL RAJAN R
  • Current Owner 2: DUGGAL RANJANA R
  • Previous Owner : OPENDOOR PROPERTY WI LLC
  • Owner Before Previous Owner: CARTER LAEON S
  • Owner Before Previous Owner 2: CARTER LATOYA D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Frisco Independent School District
  • Census Tract: 020133

Geography

  • Parcel: R556571
  • Block: X
  • Lot: 56
  • Municipality: LITTLE ELM
  • Latitude: 33.196
  • Longitude: -96.8873

    Address

  • Full Address: 1516 Willoughby Way
  • Address - House Number: 1516
  • Address - Street Name: Willoughby
  • Address - Suffix Type: Way
  • State: TX
  • City Name: Little Elm
  • Carrier Code: R014
  • 4-Digit Zip Code: 3459
  • Zip Code: 75068

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,545
  • Tax Rate Code Area: W24

    Appraisal Valuation

  • Standard Deviation: 0.2064
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 424,615
  • High Value: 512,285
  • Low Value: 336,944

    Market Valuation

  • Market Total Value: $427,000
  • Market Land Value: $88,424
  • Market Improvement Value: $338,576

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $427,000
  • Assessed Land Value: $88,424
  • Assessed Improvements Value: $338,576

    Sales

  • Current Sale Contract Date: Dec 07, 2018
  • Current Sale Recording Date: Dec 11, 2018
  • Current Sale Transaction ID: 11543280540
  • Current Sale Price: $244,800
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 2018-142711
  • Previous Sale Recording Date: Jul 17, 2018
  • Previous Sale Contract Date: Jul 17, 2018
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GATEWAY MORTGAGE GROUP LLC
  • First Mortgage Transaction Date: Dec 11, 2018
  • First Mortgage Loan Amount: $195,825
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2049

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Frequently Asked Questions

What neighborhood is 1516 Willoughby Way located in?
The 1516 Willoughby Way is a house located in the neighborhood of Frisco Ranch in Frisco Ranch, Little Elm.
What is the average sales price for listings in 1516 Willoughby Way?
The average sales price for units in 1516 Willoughby Way is $0 currently.

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