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2709 Magnolia Drive

2709 Magnolia Drive, Irving, TX 75062
House in Seven Oaks
Sold Mar 12, 2019
$267,200
$216,000 by Everett Financial Inc
Mortgage Due Mar 01, 2050
Local assessors in Irving, TX have categorized 2709 Magnolia Drive as a residential type of property. The home was built in 1966 and is 58 years old. The property's lot size has been calculated to be 9,100 square feet. The linear feet between the front and back of the lot was measured at 1,450 ft and the front of the lot was measured at 650 ft. 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, 3 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 single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2709 Magnolia Drive has a total of 2,131 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. The home sources its water from a municipal system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 570 sqft. There are 3 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 frame control joints. The building has a hip style roof that was made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 2709 Magnolia Drive sold most recently in Mar 8, 2019 for a total of $267,200. If you work out the math, that's approximately a cost of $98.93 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 $4,159 in taxes each year. The initial year of tax delinquency occurred in 2020. 2709 Magnolia Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $268,000. If we break it down further, the land itself was valued at $50,000. Improvements to the property, however, were assessed at a total of $218,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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

Exterior

Brick Exterior

Parking

Oversized Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 570
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 9,100
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 650
  • Total Building Area: 2,701
  • Building Area: 2,131
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,131
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SEVEN OAKS
  • Land Acres: 0.209
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEVEN OAKS LOT 14 BL B 2709 MAGNOLIA DR INT201900061077 DD03082019 CO-DC 4775000201400 2CI47750002

Ownership

  • Current Owner : PALMER ERIC MICHAEL
  • Current Owner 2: PALMER ANNE CECILIA
  • Previous Owner : HUMMERT TOD L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Irving Independent School District
  • Census Tract: 014315

Zoning

  • Zoning: Z324

Geography

  • Assessors Map Reference: 324775000201400
  • Account Number: 324775000201400
  • Subdivision Tract Number: 47750
  • Parcel: 32-47750-002-014-0000
  • Block: B
  • Lot: 14
  • Municipality: IRVING
  • Latitude: 32.8433
  • Longitude: -96.9637

    Address

  • Full Address: 2709 Magnolia Dr
  • Address - House Number: 2709
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Irving
  • Carrier Code: C094
  • 4-Digit Zip Code: 5332
  • Zip Code: 75062

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,159
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: IS

    Appraisal Valuation

  • Standard Deviation: 0.2159
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 344,768
  • High Value: 419,210
  • Low Value: 270,326

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $216,000
  • First Open Lien Mortgage Lender: EVERETT FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Mar 02, 2020
  • First Open Lien Mortgage Loan Amount: $216,000
  • 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, 2050

    Market Valuation

  • Market Total Value: $268,000
  • Market Land Value: $50,000
  • Market Improvement Value: $218,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $268,000
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $218,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 08, 2019
  • Current Sale Recording Date: Mar 12, 2019
  • Current Sale Transaction ID: 11590915903
  • Current Sale Price: $267,200
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 201900061077

    Last Sale Mortgage

  • First Mortgage Lender: EVERETT FINANCIAL INC
  • First Mortgage Transaction Date: Mar 12, 2019
  • First Mortgage Loan Amount: $213,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2049

About Hillcrest Oaks



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Nearby Rentals

Unit for rent at 2701 Warren Circle, Irving, TX, 75062

$3,500 /mo

  • 4 Beds
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  • 1,732 ft²
2701 Warren Circle, Irving, TX, 75062 Listing by Tonya Garces

Frequently Asked Questions

What neighborhood is 2709 Magnolia Drive located in?
The 2709 Magnolia Drive is a house located in the neighborhood of Seven Oaks in Hillcrest Oaks, Irving.
What is the average sales price for listings in 2709 Magnolia Drive?
The average sales price for units in 2709 Magnolia Drive is $0 currently.

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