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3942 Palace Place

3942 Palace Place, Frisco, TX 75033
Sold Jun 20, 2019
$288,800
$231,000 by Homeservices Lending Llc
Mortgage Due Jul 01, 2049
Sold Oct 13, 2014
Transfer
3942 Palace Place has been categorized by the local assessors in Frisco, TX as a residential type of property. The building on the property was first built in 2002 and is 22 years old. However, we must point out that the home was most recently renovated and altered in 2007. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3942 Palace Place has 1,919 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 7,459 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 389 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of brick veneer. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. 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. The property was last sold in Jun 18, 2019 for $288,800. That's $125.13 per sqft. 3942 Palace Place was last assessed in 2023. The total value of the property was assessed at $345,444. Specifically, the land the property is located on was valued at $93,238. While improvements on the property were assessed at a total of $372,668. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,697. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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

Exterior

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 389
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,459
  • Total Building Area: 2,308
  • Gross Building Area: 2,308
  • Building Area: 1,919
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,919
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KINGS GARDEN PH 1
  • Land Acres: 0.171
  • Standard Land Use Code: Single family residential
  • Legal Description 1: KINGS GARDEN PH 1 BLK Q LOT 13

Ownership

  • Current Owner : HALL BRIAN R
  • Current Owner 2: HALL MEGAN E
  • Previous Owner : SHAFI MOHAMMAD
  • Owner Before Previous Owner: HINDIEH SAM O
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Frisco Independent School District
  • Census Tract: 021526

Geography

  • Assessors Map Reference: 567-A
  • Parcel: R245140
  • Block: Q
  • Lot: 13
  • Municipality: FRISCO CITY
  • Latitude: 33.1547
  • Longitude: -96.8544

    Address

  • Full Address: 3942 Palace Pl
  • Address - House Number: 3942
  • Address - Street Name: Palace
  • Address - Suffix Type: Pl
  • State: TX
  • City Name: Frisco
  • Carrier Code: R056
  • 4-Digit Zip Code: 7159
  • Zip Code: 75033

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,697
  • Tax Rate Code Area: S06

    Appraisal Valuation

  • Standard Deviation: 0.1983
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 492,033
  • High Value: 589,631
  • Low Value: 394,436

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $241,000
  • First Open Lien Mortgage Lender: HOMESERVICES LENDING LLC
  • First Open Lien Mortgage Recording Date: Jun 20, 2019
  • First Open Lien Mortgage Loan Amount: $231,000
  • 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, 2049
  • Second Open Lien Mortgage Lender: CITY OF FRISCO
  • Second Open Lien Mortgage Recording Date: Jun 25, 2019
  • Second Open Lien Mortgage Loan Amount: $10,000
  • Second Open Lien Mortgage Term: 60
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Jun 18, 2024

    Market Valuation

  • Market Total Value: $465,906
  • Market Land Value: $93,238
  • Market Improvement Value: $372,668

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $345,444
  • Assessed Land Value: $93,238
  • Assessed Improvements Value: $372,668

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 18, 2019
  • Current Sale Recording Date: Jun 20, 2019
  • Current Sale Transaction ID: 11616425745
  • Current Sale Price: $288,800
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 2019-072871
  • Previous Sale Recording Date: Oct 13, 2014
  • Previous Sale Contract Date: Oct 09, 2014
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMESERVICES LENDING LLC
  • First Mortgage Transaction Date: Jun 20, 2019
  • First Mortgage Loan Amount: $231,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2049

About Kings Garden



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Frequently Asked Questions

What neighborhood is 3942 Palace Place located in?
The 3942 Palace Place is a house located in the neighborhood of Kings Garden in Kings Garden, Frisco.
What is the average sales price for listings in 3942 Palace Place?
The average sales price for units in 3942 Palace Place is $0 currently.

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