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31402 Sherrie Lane

31402 Sherrie Lane, Magnolia, TX 77354
Property in Woodlane Forest
Sold Jul 12, 2013
$194,800
$155,800 by Nationstar Mortgage Llc
Mortgage Due Jul 01, 2043
Sold Dec 05, 2003
$215,000
$172,000 by Sterling Capital Mortgage Co
Mortgage Due Jan 01, 2034
31402 Sherrie Lane has been categorized by the local assessors in Magnolia, TX as a residential type of property. The building on the property was first built in 1991 and is 33 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 31402 Sherrie Lane has 2,222 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 130,680 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

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 detached garage for those who require parking. The garage measured 858 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying both a open porch and a patio. 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. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of brick. While the interior walls have been made of paneling. As for the floors, you'll see that the home has flooring throughout. 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, 31402 Sherrie Lane sold most recently in Jun 23, 2013 for a total of $194,800. If you work out the math, that's approximately a cost of $87.67 per sqft. Before that, the property was also sold for $215,000 in Dec 2, 2003. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $6,927 in taxes each year. 31402 Sherrie Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $444,650. If we break it down further, the land itself was valued at $168,000. Improvements to the property, however, were assessed at a total of $276,650. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Interior Walls Type: Paneling
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 858
  • Parking Space Count: 3
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 130,680
  • Total Building Area: 2,222
  • Building Area: 2,222
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,222
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WOODLANE FOREST 01
  • Land Acres: 3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WOODLANE FOREST 01, LOT 90, ACRES 3.000

Ownership

  • Current Owner : PALACIOS ALBERTO
  • Current Owner 2: PALACIOS MARIA TERESA
  • Previous Owner : LOS PALACIOS ALBERTO
  • Previous Owner 2: LOS ANGELES
  • Owner Before Previous Owner: WRIGHT CYNTHIA DAWN DEANDA
  • Owner Before Previous Owner 2: WRIGHT ALBERT
  • Ownership Rights Codes: Life Estate

Neighborhood

  • School District Name: Magnolia Independent School District
  • School Tax School District: LONE STAR COLLE
  • Census Tract: 690407

Zoning

  • Zoning: 2

Geography

  • Parcel: 9733-00-03400
  • Lot: 90
  • Municipality: UNINCORPORATED AREA
  • Latitude: 30.206
  • Longitude: -95.5962

    Address

  • Full Address: 31402 Sherrie Ln
  • Address - House Number: 31402
  • Address - Street Name: Sherrie
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Magnolia
  • Carrier Code: R027
  • 4-Digit Zip Code: 5707
  • Zip Code: 77354

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,927
  • Tax Rate Code Area: SMA

    Appraisal Valuation

  • Standard Deviation: 0.2193
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 69
  • Final Value: 491,780
  • High Value: 599,661
  • Low Value: 383,900

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $155,800
  • First Open Lien Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jul 12, 2013
  • First Open Lien Mortgage Loan Amount: $155,800
  • 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: Jul 01, 2043

    Market Valuation

  • Market Total Value: $444,650
  • Market Land Value: $168,000
  • Market Improvement Value: $276,650

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $444,650
  • Assessed Land Value: $168,000
  • Assessed Improvements Value: $276,650

    Sales

  • Current Sale Contract Date: Jun 23, 2013
  • Current Sale Recording Date: Jul 12, 2013
  • Current Sale Transaction ID: 1171397861
  • Current Sale Price: $194,800
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2013074576
  • Previous Sale Recording Date: Dec 05, 2003
  • Previous Sale Contract Date: Dec 02, 2003
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • First Mortgage Transaction Date: Jul 12, 2013
  • First Mortgage Loan Amount: $155,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: STERLING CAPITAL MORTGAGE CO
  • Previous Mortgage Transaction Date: Dec 05, 2003
  • Previous Mortgage Loan Amount: $172,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2034

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Frequently Asked Questions

What neighborhood is 31402 Sherrie Lane located in?
The 31402 Sherrie Lane is a located in the neighborhood of Woodlane Forest in Woodlane Forest, Magnolia.
What is the average sales price for listings in 31402 Sherrie Lane?
The average sales price for units in 31402 Sherrie Lane is $0 currently.

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