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3512 Cherry Blossom Lane

3512 Cherry Blossom Lane, Mckinney, TX 75070
Property in Eldorado Heights
Sold Nov 08, 2012
$200,000
$160,000 by Sfmc Lp
Mortgage Due Nov 01, 2042
Sold Dec 09, 1998
$161,800
$129,400 by Muirfield Mtg Ltd Partnership
Mortgage Due Jan 01, 2029
Local assessors in Mckinney, TX have categorized 3512 Cherry Blossom Lane as a residential type of property. The home was built in 1998 and is 26 years old. It was most recently renovated and altered in 2010. The property's lot size has been calculated to be 7,307 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 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 3512 Cherry Blossom Lane has a total of 1,912 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 420 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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, 3512 Cherry Blossom Lane sold most recently in Nov 2, 2012 for a total of $200,000. If you work out the math, that's approximately a cost of $85.76 per sqft. Before that, the property was also sold for $161,800 in Dec 2, 1998. 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 $6,523 in taxes each year. 3512 Cherry Blossom Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $365,307. If we break it down further, the land itself was valued at $95,000. Improvements to the property, however, were assessed at a total of $364,458. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,307
  • Total Building Area: 2,332
  • Gross Building Area: 2,344
  • Building Area: 1,912
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,912
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ELDORADO HEIGHTS SECTION II PHASE I (CMC
  • Land Acres: 0.168
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ELDORADO HEIGHTS SECTION II PHASE I (CMC), BLK N, LOT 4

Ownership

  • Current Owner : PIKE MICHAEL A
  • Current Owner 2: MC KINNEY NANCY B
  • Previous Owner : LAMBERT IRENE S
  • Owner Before Previous Owner: MERCEDES HOMES OF TEXAS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: McKinney Independent School District
  • School Tax School District: MCKINNEY ISD
  • Census Tract: 030515

Zoning

  • Zoning: SFR

Geography

  • Assessors Map Reference: 538-Y
  • District: CMC
  • Parcel: R-3575-00N-0040-1
  • Block: N
  • Lot: 4
  • Municipality: MCKINNEY CITY
  • Latitude: 33.1658
  • Longitude: -96.6826

    Address

  • Full Address: 3512 Cherry Blossom Ln
  • Address - House Number: 3512
  • Address - Street Name: Cherry Blossom
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Mckinney
  • Carrier Code: R070
  • 4-Digit Zip Code: 7606
  • Zip Code: 75070

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,523
  • Tax Rate Code Area: SMC

    Appraisal Valuation

  • Standard Deviation: 0.2097
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 467,027
  • High Value: 564,984
  • Low Value: 369,069

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $160,000
  • First Open Lien Mortgage Lender: SFMC LP
  • First Open Lien Mortgage Recording Date: Nov 08, 2012
  • First Open Lien Mortgage Loan Amount: $160,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2042

    Market Valuation

  • Market Total Value: $459,458
  • Market Land Value: $95,000
  • Market Improvement Value: $364,458

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $365,307
  • Assessed Land Value: $95,000
  • Assessed Improvements Value: $364,458

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 02, 2012
  • Current Sale Recording Date: Nov 08, 2012
  • Current Sale Transaction ID: 1145805866
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20121108001430550
  • Previous Sale Recording Date: Dec 09, 1998
  • Previous Sale Contract Date: Dec 02, 1998
  • Previous Sale Amount: $161,800
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: SFMC LP
  • First Mortgage Transaction Date: Nov 08, 2012
  • First Mortgage Loan Amount: $160,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Nov 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: MUIRFIELD MTG LTD PARTNERSHIP
  • Previous Mortgage Transaction Date: Dec 09, 1998
  • Previous Mortgage Loan Amount: $129,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jan 01, 2029

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Frequently Asked Questions

What neighborhood is 3512 Cherry Blossom Lane located in?
The 3512 Cherry Blossom Lane is a located in the neighborhood of Eldorado Heights in Eldorado Heights, Mckinney.
What is the average sales price for listings in 3512 Cherry Blossom Lane?
The average sales price for units in 3512 Cherry Blossom Lane is $0 currently.

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