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1741 Prescott Place

1741 Prescott Place, Dallas, TX 75234
Sold May 10, 2019
$250,000
$200,000 by Iberiabank
Mortgage Due May 01, 2049
1741 Prescott Place has been categorized by the local assessors in Dallas, TX as a residential type of property. The building on the property was first built in 2018 and is 6 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1741 Prescott Place has 2,553 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,300 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 462 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery 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, 1741 Prescott Place sold most recently in Apr 26, 2019 for a total of $250,000. If you work out the math, that's approximately a cost of $82.92 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 $10,939 in taxes each year. 1741 Prescott Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $607,250. If we break it down further, the land itself was valued at $90,000. Improvements to the property, however, were assessed at a total of $517,250. 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.

Building Features

Condition

New Construction

Exterior

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

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 462
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,300
  • Total Building Area: 3,015
  • Building Area: 2,553
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,553
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRIGHTON
  • Land Acres: 0.145
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BRIGHTON BLK A LT 11 INT201900118907 DD04262019 CO-DC 0622200A01100 2CF0622200A

Ownership

  • Current Owner : GOPALAN SRINIVASAN
  • Current Owner 2: SRINIVASAN LALITHA
  • Previous Owner : FIRST TEXAS HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Carrollton-Farmers Branch Independent School District
  • School Tax School District: CAR-FARM BR ISD
  • Census Tract: 014002

Zoning

  • Zoning: Z236

Geography

  • Assessors Map Reference: 240622200A01100
  • Account Number: 240622200A01100
  • Parcel: 24-06222-00A-011-0000
  • Block: A
  • Lot: 11
  • Municipality: FARMERS BRANCH
  • Latitude: 32.9157
  • Longitude: -96.9202

    Address

  • Full Address: 1741 Prescott Pl
  • Address - House Number: 1741
  • Address - Street Name: Prescott
  • Address - Suffix Type: Pl
  • State: TX
  • City Name: Dallas
  • Carrier Code: C036
  • 4-Digit Zip Code: 1246
  • Zip Code: 75234

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,939
  • Tax Rate Code Area: MCP

    Appraisal Valuation

  • Standard Deviation: 0.2093
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 71
  • Final Value: 689,952
  • High Value: 834,392
  • Low Value: 545,512

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: IBERIABANK
  • First Open Lien Mortgage Recording Date: May 10, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: May 01, 2049

    Market Valuation

  • Market Total Value: $607,250
  • Market Land Value: $90,000
  • Market Improvement Value: $517,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $607,250
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $517,250

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 26, 2019
  • Current Sale Recording Date: May 10, 2019
  • Current Sale Transaction ID: 11607810041
  • Current Sale Price: $250,000
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 201900118907

    Last Sale Mortgage

  • First Mortgage Lender: IBERIABANK
  • First Mortgage Transaction Date: May 10, 2019
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: May 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 1741 Prescott Place located in?
The 1741 Prescott Place is a house located in the neighborhood of Northeast Dallas in Farmers Branch, Dallas.
What is the average sales price for listings in 1741 Prescott Place?
The average sales price for units in 1741 Prescott Place is $0 currently.

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