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2861 Franklin Drive

2861 Franklin Drive, Mesquite, TX 75150
Sold Nov 19, 2004
Transfer
Sold Oct 15, 1999
Transfer
2861 Franklin Drive has been categorized by the local assessors in Mesquite, TX as a residential type of property. The building on the property was first built in 1983 and is 41 years old. The building has a total of 2 stories. The area measurement of the land has been determined as 620,811 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. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as good. 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 wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of brick. 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 and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. The building on the property is connected to a sewer system. 2861 Franklin Drive was last assessed in 2023. The total value of the property was assessed at $34,650,000. Specifically, the land the property is located on was valued at $1,241,620. While improvements on the property were assessed at a total of $33,408,380. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $731,492. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Good
  • Building Quality: A
  • Construction Type: Wood
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 336
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 620,811
  • Total Building Area: 242,741
  • Gross Building Area: 242,741
  • Building Area: 242,741
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MESQUITE APARTMENTS
  • Land Acres: 14.252
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: MESQUITE APARTMENTS LT 4 ACS 14.2519 VOL2004225/06470 DD11122004 CO-DC 1240000000400 3CM12400000

Ownership

  • Current Owner : CNC SWAGAT NINE LP
  • Previous Owner : BRH PRESCOTT II LP
  • Owner Before Previous Owner: BRI TEXAS APARTMENTS LTD PARTNERSHIP
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Mesquite Independent School District
  • School Tax School District: MESQUITE ISD
  • Census Tract: 017817

Zoning

  • Zoning: Z237

Geography

  • Assessors Map Reference: 381240000000400
  • Account Number: 381240000000400
  • Parcel: 38-12400-000-004-0000
  • Lot: 4
  • Municipality: MESQUITE
  • Latitude: 32.8004
  • Longitude: -96.624

    Address

  • Full Address: 2861 Franklin Dr
  • Address - House Number: 2861
  • Address - Street Name: Franklin
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Mesquite
  • Carrier Code: C059
  • 4-Digit Zip Code: 5665
  • Zip Code: 75150

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $731,492
  • Tax Rate Code Area: MS

    Market Valuation

  • Market Total Value: $34,650,000
  • Market Land Value: $1,241,620
  • Market Improvement Value: $33,408,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,650,000
  • Assessed Land Value: $1,241,620
  • Assessed Improvements Value: $33,408,380

    Sales

  • Current Sale Contract Date: Nov 12, 2004
  • Current Sale Recording Date: Nov 19, 2004
  • Current Sale Transaction ID: 1204055018
  • Current Sale Document Type: Special Warranty Deed
  • Previous Sale Recording Date: Oct 15, 1999
  • Previous Sale Contract Date: Oct 12, 1999
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COLUMN FINANCIAL INC
  • First Mortgage Transaction Date: Nov 19, 2004
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Multiple Loan Amounts

    Previous Mortgages

  • Previous Mortgage Lender: REILLY MTG GROUP INC
  • Previous Mortgage Transaction Date: Oct 15, 1999
  • Previous Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 2861 Franklin Drive located in?
The 2861 Franklin Drive is a house located in the neighborhood of Mesquite Apartments in Mesquite Apartments, Mesquite.
What is the average sales price for listings in 2861 Franklin Drive?
The average sales price for units in 2861 Franklin Drive is $0 currently.

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