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3445 Cherrywood Lane

3445 Cherrywood Lane, Plano, TX 75074
Sold May 24, 2019
$170,600
$136,500 by Ark-la-tex Finance Services Ll
Mortgage Due Jun 01, 2049
Sold Oct 22, 2018
$180,300
$144,200 by Investmark Mortgage Llc
Mortgage
Local assessors in Plano, TX have categorized 3445 Cherrywood Lane as a residential type of property. The home was built in 1974 and is 50 years old. It was most recently renovated and altered in 2005. The property's lot size has been calculated to be 7,193 square feet. As for the restroom situation, there is one full bathroom. 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 3445 Cherrywood Lane has a total of 1,310 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 258 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 wood control joints. The building has a gable style roof that was made of composition shingle. Lots of brick 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. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 3445 Cherrywood Lane sold most recently in May 1, 2019 for a total of $170,600. If you work out the math, that's approximately a cost of $108.80 per sqft. Before that, the property was also sold for $180,300 in Oct 19, 2018. 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 $4,455 in taxes each year. 3445 Cherrywood Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $258,133. If we break it down further, the land itself was valued at $75,000. Improvements to the property, however, were assessed at a total of $216,057. 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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Construction Type: Wood
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 258
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,193
  • Total Building Area: 1,568
  • Gross Building Area: 1,568
  • Building Area: 1,310
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,310
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLAGE NORTH NO 3 (CPL)
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VILLAGE NORTH NO 3 (CPL), BLK 10, LOT 6

Ownership

  • Current Owner : THORPE KIMO
  • Previous Owner : EXCELSUS REALTY LLC
  • Owner Before Previous Owner: FREMMING ALICE ANN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Plano Independent School District
  • School Tax School District: PLANO ISD
  • Census Tract: 032013

Zoning

  • Zoning: SFR

Geography

  • Assessors Map Reference: 637-F
  • District: CPL
  • Parcel: R-0507-010-0060-1
  • Block: 10
  • Lot: 6
  • Municipality: PLANO CITY
  • Latitude: 33.0445
  • Longitude: -96.6948

    Address

  • Full Address: 3445 Cherrywood Ln
  • Address - House Number: 3445
  • Address - Street Name: Cherrywood
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Plano
  • Carrier Code: C024
  • 4-Digit Zip Code: 2608
  • Zip Code: 75074

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,455
  • Tax Rate Code Area: SPL

    Appraisal Valuation

  • Standard Deviation: 0.2058
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 351,373
  • High Value: 423,704
  • Low Value: 279,043

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $136,500
  • First Open Lien Mortgage Lender: ARK-LA-TEX FINANCE SERVICES LL
  • First Open Lien Mortgage Recording Date: May 24, 2019
  • First Open Lien Mortgage Loan Amount: $136,500
  • 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: Jun 01, 2049

    Market Valuation

  • Market Total Value: $291,057
  • Market Land Value: $75,000
  • Market Improvement Value: $216,057

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $258,133
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $216,057

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 01, 2019
  • Current Sale Recording Date: May 24, 2019
  • Current Sale Transaction ID: 11610220290
  • Current Sale Price: $170,600
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 20190524000589780
  • Previous Sale Recording Date: Oct 22, 2018
  • Previous Sale Contract Date: Oct 19, 2018
  • Previous Sale Amount: $180,300
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: ARK-LA-TEX FINANCE SERVICES LL
  • First Mortgage Transaction Date: May 24, 2019
  • First Mortgage Loan Amount: $136,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: INVESTMARK MORTGAGE LLC
  • Previous Mortgage Transaction Date: Oct 22, 2018
  • Previous Mortgage Loan Amount: $144,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 3445 Cherrywood Lane located in?
The 3445 Cherrywood Lane is a house located in the neighborhood of Village North in Village North, Plano.
What is the average sales price for listings in 3445 Cherrywood Lane?
The average sales price for units in 3445 Cherrywood Lane is $0 currently.

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