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4715 Lake Park Drive

4715 Lake Park Drive, Arlington, TX 76016
Sold Jun 01, 2023
$492,765
$370,500 by Colonial National Mortgage
Mortgage Due Jun 01, 2063
Sold Nov 29, 2022
Transfer
Local assessors in Arlington, TX have categorized 4715 Lake Park Drive as a residential type of property. The home was built in 1985 and is 39 years old. The property's lot size has been calculated to be 10,000 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 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 4715 Lake Park Drive has a total of 1,866 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 garage for those who need a place to park their vehicle. The garage on the property is 441 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 both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 brick control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a hip style roof. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in May 31, 2023 for $492,765. That's $264.08 per sqft. 4715 Lake Park Drive was last assessed in 2023. The total value of the property was assessed at $362,017. Specifically, the land the property is located on was valued at $55,000. While improvements on the property were assessed at a total of $307,017. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $7,988. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Roof Shape Type: Hip
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 441
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 1,866
  • Gross Building Area: 1,866
  • Building Area: 1,866
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,866
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE PARK EST
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKE PARK EST ADDN-ARLINGTON BLOCK E LOT 7

Ownership

  • Current Owner : ZAMBRANO CEFERINO
  • Previous Owner : PLATINUM HOMES DFW LLC
  • Owner Before Previous Owner: JOHNSON DARRELL A
  • Owner Before Previous Owner 2: JOHNSON SHARON E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Arlington Independent School District
  • School Tax School District: ARLINGTON
  • Census Tract: 121609

Geography

  • Assessors Map Reference: 93-R
  • Account Number: 01551477
  • District: 024
  • Parcel: 01551477
  • Block: E
  • Lot: 7
  • Municipality: ARLINGTON
  • Latitude: 32.6705
  • Longitude: -97.2237

    Address

  • Full Address: 4715 Lake Park Dr
  • Address - House Number: 4715
  • Address - Street Name: Lake Park
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Arlington
  • Carrier Code: R027
  • 4-Digit Zip Code: 5362
  • Zip Code: 76016

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,988
  • Tax Rate Code Area: 901

    Appraisal Valuation

  • Standard Deviation: 0.2128
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 420,275
  • High Value: 509,741
  • Low Value: 330,809

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $370,500
  • First Open Lien Mortgage Lender: COLONIAL NATIONAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Jun 01, 2023
  • First Open Lien Mortgage Loan Amount: $370,500
  • First Open Lien Mortgage Term: 479
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2063

    Market Valuation

  • Market Total Value: $362,017
  • Market Land Value: $55,000
  • Market Improvement Value: $307,017

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $362,017
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $307,017

    Sales

  • Current Sale Contract Date: May 31, 2023
  • Current Sale Recording Date: Jun 01, 2023
  • Current Sale Transaction ID: 11907723723
  • Current Sale Price: $492,765
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 95349
  • Previous Sale Recording Date: Nov 29, 2022
  • Previous Sale Contract Date: Nov 23, 2022
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COLONIAL NATIONAL MORTGAGE
  • First Mortgage Transaction Date: Jun 01, 2023
  • First Mortgage Loan Amount: $370,500
  • First Mortgage Terms: 479
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2063

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Frequently Asked Questions

What neighborhood is 4715 Lake Park Drive located in?
The 4715 Lake Park Drive is a located in the neighborhood of Lake Park Estates Arlington in West Arlington, Arlington.
What is the average sales price for listings in 4715 Lake Park Drive?
The average sales price for units in 4715 Lake Park Drive is $0 currently.

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