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3016 Fairland Drive

3016 Fairland Drive, Lewisville, TX 75077
Sold May 02, 2019
$495,200
$391,400 by Nationstar Mortgage Llc
Mortgage Due Apr 01, 2052
Sold Mar 07, 2017
$373,300
$368,335 by Ark-la-tex Financial Services
Mortgage Due Mar 01, 2047
Local assessors in Lewisville, TX have categorized 3016 Fairland Drive as a residential type of property. The home was built in 2000 and is 24 years old. The property's lot size has been calculated to be 10,328 square feet. The linear feet between the front and back of the lot was measured at 10 ft and the front of the lot was measured at 103,280 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 12 rooms in the home. Of these, 5 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 3 full bathrooms. There are also 3 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 3016 Fairland Drive has a total of 3,462 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 attached garage for those who need a place to park their vehicle. The garage on the property is 683 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 3016 Fairland Drive sold most recently in May 1, 2019 for a total of $495,200. If you work out the math, that's approximately a cost of $119.47 per sqft. Before that, the property was also sold for $373,300 in Mar 1, 2017. 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 $9,585 in taxes each year. 3016 Fairland Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $526,350. If we break it down further, the land itself was valued at $136,224. Improvements to the property, however, were assessed at a total of $481,776. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

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

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 2
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 683
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,328
  • Lot Size Depth Feet: 10
  • Lot Size Frontage Feet: 103,280
  • Total Building Area: 4,145
  • Gross Building Area: 4,145
  • Building Area: 3,462
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,462
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHAPEL HILL ADDN PH I
  • Land Acres: 0.237
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CHAPEL HILL ADDN PH I BLK D LOT 21

Ownership

  • Current Owner : PAHL WILLIAM D
  • Current Owner 2: FINDLEY BRITTANY
  • Previous Owner : MCGILVREY ROBERT
  • Previous Owner 2: MCGILVREY ASHLEY
  • Owner Before Previous Owner: STEWART DONALD EARL
  • Owner Before Previous Owner 2: STEWART NANCY RAE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lewisville Independent School District
  • Census Tract: 021719

Geography

  • Assessors Map Reference: 593-R
  • Parcel: R212637
  • Block: D
  • Lot: 21
  • Municipality: CITY OF HIGHLAND VILLAGE
  • Latitude: 33.0817
  • Longitude: -97.0782

    Address

  • Full Address: 3016 Fairland Dr
  • Address - House Number: 3016
  • Address - Street Name: Fairland
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Lewisville
  • Carrier Code: R044
  • 4-Digit Zip Code: 7093
  • Zip Code: 75077

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,585
  • Tax Rate Code Area: S09

    Appraisal Valuation

  • Standard Deviation: 0.1914
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 699,374
  • High Value: 833,295
  • Low Value: 565,453

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $391,400
  • First Open Lien Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 23, 2022
  • First Open Lien Mortgage Loan Amount: $391,400
  • 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: Apr 01, 2052

    Market Valuation

  • Market Total Value: $618,000
  • Market Land Value: $136,224
  • Market Improvement Value: $481,776

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $526,350
  • Assessed Land Value: $136,224
  • Assessed Improvements Value: $481,776

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 01, 2019
  • Current Sale Recording Date: May 02, 2019
  • Current Sale Transaction ID: 11602394322
  • Current Sale Price: $495,200
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 2019-049969
  • Previous Sale Recording Date: Mar 07, 2017
  • Previous Sale Contract Date: Mar 01, 2017
  • Previous Sale Amount: $373,300
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: May 02, 2019
  • First Mortgage Loan Amount: $396,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: ARK-LA-TEX FINANCIAL SERVICES
  • Previous Mortgage Transaction Date: Mar 07, 2017
  • Previous Mortgage Loan Amount: $368,335
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2047

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Frequently Asked Questions

What neighborhood is 3016 Fairland Drive located in?
The 3016 Fairland Drive is a house located in the neighborhood of Lewisville-Flower Mound in Highland Village, Lewisville.
What is the average sales price for listings in 3016 Fairland Drive?
The average sales price for units in 3016 Fairland Drive is $0 currently.

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