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502 North King Street

502 North King Street, Itasca, TX 76055
Property in Itasca
Sold Jul 05, 2017
$62,500
$50,000 by Citizens State Bank
Mortgage Due Jun 28, 2029
Sold Mar 31, 2017
$32,823
502 North King Street in Itasca, TX was first built in 1972 and is 52 years old. This has been categorized as a residential property type. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 502 North King Street has 1,355 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 750 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 11,238 square feet.

Learn more about the property and building on this page. The home has a gable style roof. For those who need parking, there is a attached garage. The garage is 450 sqft. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. 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 North King Street sold most recently in Jun 28, 2017 for a total of $62,500. If you work out the math, that's approximately a cost of $46.13 per sqft. Before that, the property was also sold for $32,823 in Mar 30, 2017. 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 $1,945 in taxes each year. 502 North King Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $113,700. If we break it down further, the land itself was valued at $10,820. Improvements to the property, however, were assessed at a total of $102,880. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 450
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,238
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,355
  • Gross Building Area: 2,109
  • Building Area: 1,355
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,355
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MARTIN
  • Land Acres: 0.258
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MARTIN BLK 2 LT 3 & PT ALLEY

Ownership

  • Current Owner : WAGNER MICHAEL W
  • Current Owner 2: WAGNER SAMANTHA J
  • Previous Owner : WILLMAN DALE
  • Previous Owner 2: WILLMAN PAM
  • Owner Before Previous Owner: WILLMAN DALE
  • Owner Before Previous Owner 2: WILLMAN PAM
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Itasca Independent School District
  • School Tax School District: JCH RDL SIT
  • Census Tract: 960100

Geography

  • Account Number: 13613-04000-00020-003000
  • Parcel: 119732
  • Block: 2
  • Lot: 3
  • Municipality: ITASCA
  • Latitude: 32.1652
  • Longitude: -97.15

    Address

  • Full Address: 502 N King St
  • Address - House Number: 502
  • Street Direction: N
  • Address - Street Name: King
  • Address - Suffix Type: St
  • State: TX
  • City Name: Itasca
  • Carrier Code: C001
  • 4-Digit Zip Code: 2228
  • Zip Code: 76055

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,945
  • Tax Rate Code Area: CIT ESD1 E

    Appraisal Valuation

  • Standard Deviation: 0.4651
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 6
  • Final Value: 120,023
  • High Value: 175,857
  • Low Value: 64,188

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $50,000
  • First Open Lien Mortgage Lender: CITIZENS STATE BANK
  • First Open Lien Mortgage Recording Date: Jul 05, 2017
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $50,000
  • First Open Lien Mortgage Term: 142
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jun 28, 2029

    Market Valuation

  • Market Total Value: $113,700
  • Market Land Value: $10,820
  • Market Improvement Value: $102,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $113,700
  • Assessed Land Value: $10,820
  • Assessed Improvements Value: $102,880

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 28, 2017
  • Current Sale Recording Date: Jul 05, 2017
  • Current Sale Transaction ID: 1732772082
  • Current Sale Price: $62,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 00089550
  • Previous Sale Recording Date: Mar 31, 2017
  • Previous Sale Contract Date: Mar 30, 2017
  • Previous Sale Amount: $32,823
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS STATE BANK
  • First Mortgage Transaction Date: Jul 05, 2017
  • First Mortgage Loan Amount: $50,000
  • First Mortgage Terms: 142
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Jun 28, 2029

    Financing

  • First Mortgage Financing Type: Variable

About Itasca



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Frequently Asked Questions

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

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