See Home Value
Allen 75002 Oak Hill
500 Scarlet Oak Drive
$252,000 - $306,000
House - Off Market

500 Scarlet Oak Drive

Allen, TX 75002
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1421 Sqft
Sold Sep 12, 2023
$263,340
$198,000 by Homeward Mortgage Llc
Mortgage Due Oct 01, 2053
Sold Jun 06, 2013
$93,000
$74,400 by First Bank
Mortgage Due Jun 01, 2043

About This Property

MULTIPLE OFFERS RECEIVED.  BEST AND FINAL DUE BY SATURDAY 8.12.2023 AT 8PM.  DECISION WILL BE MADE SUNDAY AFTERNOON.  Investor and handyman special!  500 Scarlet Oak is a 3 bedroom, 2 bathroom home located on a large corner lot that adjoins Bethany Rd.  This property will make for a great investment property with several options depending on your investing needs.  A few of those options would be a fix and flip, a buy and hold for long term rentals, or purchasing and holding as your primary residence.  This property does have current tenants in place on a month-to-month lease.  Schedule your showing today.

The manager has listed the unit size as 1421 square feet.
Unit Size
1,421Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$196
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1981

Price History

Date / Event Date Event Price
Dec 31, 2023 No longer available -
No longer available
Sep 12, 2023 Sold to Hussein Hussein $263,340
Sold to Hussein Hussein
Aug 15, 2023 In contract -
In contract
Aug 6, 2023 Listed $279,000
Listed

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Wood
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 264
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 1,685
  • Gross Building Area: 1,733
  • Building Area: 1,421
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,421
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAK HILL (CAL)
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OAK HILL (CAL), BLK E, LOT 33

Ownership

  • Current Owner : HUSSEIN
  • Previous Owner : WILLIAMS PATRICIA
  • Previous Owner 2: WILLIAMS PRESTON
  • Owner Before Previous Owner: POPA ELVIRA
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Allen Independent School District
  • School Tax School District: ALLEN ISD
  • Census Tract: 031511

Geography

  • Assessors Map Reference: 605-J
  • District: CAL
  • Parcel: R-1136-005-0330-1
  • Block: E
  • Lot: 33
  • Municipality: ALLEN CITY
  • Latitude: 33.0869
  • Longitude: -96.669

    Address

  • Full Address: 500 Scarlet Oak Dr
  • Address - House Number: 500
  • Address - Street Name: Scarlet Oak
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Allen
  • Carrier Code: C014
  • 4-Digit Zip Code: 3304
  • Zip Code: 75002

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,001
  • Tax Rate Code Area: SAL

    Appraisal Valuation

  • Standard Deviation: 0.2275
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 329,094
  • High Value: 403,977
  • Low Value: 254,210

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $198,000
  • First Open Lien Mortgage Lender: HOMEWARD MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 12, 2023
  • First Open Lien Mortgage Loan Amount: $198,000
  • 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: Oct 01, 2053

    Market Valuation

  • Market Total Value: $279,045
  • Market Land Value: $81,000
  • Market Improvement Value: $198,045

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $279,045
  • Assessed Land Value: $81,000
  • Assessed Improvements Value: $198,045

    Sales

  • Current Sale Contract Date: Sep 11, 2023
  • Current Sale Recording Date: Sep 12, 2023
  • Current Sale Transaction ID: 11913055308
  • Current Sale Price: $263,340
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 105068
  • Previous Sale Recording Date: Jun 06, 2013
  • Previous Sale Contract Date: May 21, 2013
  • Previous Sale Amount: $93,000
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: HOMEWARD MORTGAGE LLC
  • First Mortgage Transaction Date: Sep 12, 2023
  • First Mortgage Loan Amount: $198,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: FIRST BANK
  • Previous Mortgage Transaction Date: Jun 06, 2013
  • Previous Mortgage Loan Amount: $74,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2043



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,360 ft²
$221/ft²
$300,000 Jul 13, 2023
-
-
House
3 Beds
2 Baths
1,292 ft²
$197/ft²
$255,000 Jun 16, 2023
-
-
In Contract
House
3 Beds
2 Baths
1,238 ft²
$262/ft²
$324,500 Jul 15, 2023
-
-
House
3 Beds
2 Baths
1,160 ft²
$272/ft²
$315,000 Aug 16, 2023
-
$270/mo
House
2 Beds
2 Baths
1,040 ft²
$230/ft²
$239,000 Jul 29, 2023
-
-

About Oak Hill


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Frequently Asked Questions

When was property at 500 Scarlet Oak Drive built and last sold?
The property at 500 Scarlet Oak Drive was built in 1981 and last sold on Sep 11, 2023 for $263,340.
How much is this home worth?
The estimated value of the home located at 500 Scarlet Oak Drive is $281,931.
What are some comparable homes to 500 Scarlet Oak Drive?
Homes that are comparable to 500 Scarlet Oak Drive include a house property at 555 Hanover Drive, 25 Brewster Court, 539 Oldbridge Drive.

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