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1942 Lilac Lane

1942 Lilac Lane, Grapevine, TX 76051
Sold Mar 01, 2022
Transfer
Buyer
Seller
$277,800 by Amplify Credit Union
Mortgage Due Jun 01, 2052
Sold Nov 19, 2020
$345,000
$276,000 by Thrive Mortgage Llc
Mortgage
Local assessors in Grapevine, TX have categorized 1942 Lilac Lane as a residential type of property. The home was built in 1992 and is 32 years old. The property's lot size has been calculated to be 5,880 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1942 Lilac Lane has a total of 2,141 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 garage for those who need a place to park their vehicle. The garage on the property is 462 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $345,000 in Nov 17, 2020. Current property owners are expected to pay $6,034 in taxes per year. The property on 1942 Lilac Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $438,689. To break that down further, the land itself was valued at $85,000. While improvements to the property were assessed at a total of $353,689. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Attached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 462
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,880
  • Total Building Area: 2,141
  • Gross Building Area: 2,141
  • Building Area: 2,141
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,141
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK CENTRAL GARDEN HOMES
  • Land Acres: 0.135
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARK CENTRAL GARDEN HOMES BLOCK 2 LOT 15

Ownership

  • Current Owner : MARTINEZ ZIA
  • Previous Owner : BRIAN HALTER
  • Owner Before Previous Owner: BERGER RANDALL GENE
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Feb 26, 2024

Neighborhood

  • School District Name: Grapevine-Colleyville Independent School District
  • School Tax School District: GRPVNE-CLLYVLE
  • Census Tract: 113711

Geography

  • Assessors Map Reference: 27-F
  • Account Number: 06260330
  • District: 011
  • Parcel: 06260330
  • Block: 2
  • Lot: 15
  • Municipality: GRAPEVINE
  • Latitude: 32.9464
  • Longitude: -97.0989

    Address

  • Full Address: 1942 Lilac Ln
  • Address - House Number: 1942
  • Address - Street Name: Lilac
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Grapevine
  • Carrier Code: C007
  • 4-Digit Zip Code: 6982
  • Zip Code: 76051

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,034
  • Tax Rate Code Area: 906

    Appraisal Valuation

  • Standard Deviation: 0.1991
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 509,802
  • High Value: 611,345
  • Low Value: 408,258

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $277,800
  • First Open Lien Mortgage Lender: AMPLIFY CREDIT UNION
  • First Open Lien Mortgage Recording Date: May 13, 2022
  • First Open Lien Mortgage Loan Amount: $277,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2052

    Market Valuation

  • Market Total Value: $438,689
  • Market Land Value: $85,000
  • Market Improvement Value: $353,689

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $438,689
  • Assessed Land Value: $85,000
  • Assessed Improvements Value: $353,689

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 23, 2022
  • Current Sale Recording Date: Mar 01, 2022
  • Current Sale Transaction ID: 11880738087
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 54532
  • Previous Sale Recording Date: Nov 19, 2020
  • Previous Sale Contract Date: Nov 17, 2020
  • Previous Sale Amount: $345,000
  • Previous Sale Document Type: Vendor's Lien

    Previous Mortgages

  • Previous Mortgage Lender: THRIVE MORTGAGE LLC
  • Previous Mortgage Transaction Date: Nov 19, 2020
  • Previous Mortgage Loan Amount: $276,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Park Central Garden Homes



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Frequently Asked Questions

What neighborhood is 1942 Lilac Lane located in?
The 1942 Lilac Lane is a house located in the neighborhood of Park Central Garden Homes in Park Central Garden Homes, Grapevine.
What is the average sales price for listings in 1942 Lilac Lane?
The average sales price for units in 1942 Lilac Lane is $0 currently.

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