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502 Farley Street

502 Farley Street, Waxahachie, TX 75165
Property in Waxahachie
Sold Jun 16, 2016
$42,100
$133,000 by Bank Of Desoto Na
Mortgage Due Nov 21, 2043
Sold Feb 03, 2005
$59,900
$59,073 by Wr Starkey Mortgage Llp
Mortgage Due Feb 01, 2035
502 Farley Street has been categorized by the local assessors in Waxahachie, TX as a residential type of property. The building on the property was first built in 1921 and is 103 years old. However, we must point out that the home was most recently renovated and altered in 1970. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 502 Farley Street has 1,140 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,000 ft and across the front of the lot is 610 ft. The area measurement of the land has been determined as 12,197 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 carport for those who require parking. The garage measured 320 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of wood. 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. 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, 502 Farley Street sold most recently in Jun 8, 2016 for a total of $42,100. If you work out the math, that's approximately a cost of $36.93 per sqft. Before that, the property was also sold for $59,900 in Jan 28, 2005. 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 $1,919 in taxes each year. 502 Farley Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $120,367. 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. 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!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: 1921
  • Effective Year Built: 1970
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Wood
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 320
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 12,197
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 610
  • Total Building Area: 1,140
  • Gross Building Area: 1,268
  • Building Area: 1,140
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,140
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORA ALEXANDER-REV
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 3 BLK 1 NORA ALEXANDER-REV 0.28 AC

Ownership

  • Current Owner : MCCOY ALLISON
  • Previous Owner : RAINEY RON S
  • Owner Before Previous Owner: FLETCHER LESTER M
  • Owner Before Previous Owner 2: FLETCHER SHERRY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Waxahachie Independent School District
  • Census Tract: 060300

Geography

  • Assessors Map Reference: 1131-B
  • Parcel: 171967
  • Block: 1
  • Lot: 3
  • Municipality: WAXAHACHIE
  • Latitude: 32.3928
  • Longitude: -96.8361

    Address

  • Full Address: 502 Farley St
  • Address - House Number: 502
  • Address - Street Name: Farley
  • Address - Suffix Type: St
  • State: TX
  • City Name: Waxahachie
  • Carrier Code: C015
  • 4-Digit Zip Code: 2753
  • Zip Code: 75165

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,919
  • Tax Rate Code Area: 390

    Appraisal Valuation

  • Standard Deviation: 0.2466
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 65
  • Final Value: 241,754
  • High Value: 301,390
  • Low Value: 182,119

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $133,000
  • First Open Lien Mortgage Lender: BANK OF DESOTO NA
  • First Open Lien Mortgage Recording Date: Nov 29, 2023
  • First Open Lien Mortgage Loan Amount: $133,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Nov 21, 2043

    Market Valuation

  • Market Total Value: $201,937
  • Market Land Value: $65,000
  • Market Improvement Value: $136,937

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $120,367

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 08, 2016
  • Current Sale Recording Date: Jun 16, 2016
  • Current Sale Transaction ID: 1958909360
  • Current Sale Price: $42,100
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 1616269
  • Previous Sale Recording Date: Feb 03, 2005
  • Previous Sale Contract Date: Jan 28, 2005
  • Previous Sale Amount: $59,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ESB MORTGAGE CO
  • First Mortgage Transaction Date: Jun 16, 2016
  • First Mortgage Loan Amount: $33,700
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: WR STARKEY MORTGAGE LLP
  • Previous Mortgage Transaction Date: Feb 03, 2005
  • Previous Mortgage Loan Amount: $59,073
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Feb 01, 2035

About Waxahachie



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Frequently Asked Questions

What neighborhood is 502 Farley Street located in?
The 502 Farley Street is a located in the neighborhood of Waxahachie in Waxahachie, Waxahachie.
What is the average sales price for listings in 502 Farley Street?
The average sales price for units in 502 Farley Street is $0 currently.

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