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503 Willow Lane

503 Willow Lane, Irving, TX 75061
House in Elwood
Sold Apr 12, 2022
$404,320
$304,000 by Caliber Home Loans Inc
Mortgage Due May 01, 2052
Sold Mar 16, 2020
$308,000
$246,400 by Southwest Funding Lp
Mortgage Due Apr 01, 2050
Local assessors in Irving, TX have categorized 503 Willow Lane as a residential type of property. The home was built in 2019 and is 5 years old. The property's lot size has been calculated to be 3,659 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 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 503 Willow Lane has a total of 1,972 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. The home sources its water from a municipal system. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 278 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 frame control joints. The building has a hip style roof that was made of composition shingle. Lots of rock and stone 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 and it is being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 503 Willow Lane was last sold in Apr 8, 2022 for $404,320. According to our calculations, that's $179.70 per sqft. Prior to that sales transaction, the property was sold for $308,000 in Mar 13, 2020. Current property owners are expected to pay $7,238 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 503 Willow Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $330,210. To break that down further, the land itself was valued at $25,610. While improvements to the property were assessed at a total of $304,600. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Condition

New Construction

Exterior

Brick Exterior
Stone Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Rock and stone
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 278
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,659
  • Total Building Area: 2,250
  • Building Area: 1,972
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,972
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FUENTES
  • Land Acres: 0.084
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FUENTES BLK 1 LT 1 LESS ROW INT202200101889 DD04082022 CO-DC 1329300100100 2CI13293001

Ownership

  • Current Owner : CHILUKURI SRIRAM MUKUNDA
  • Current Owner 2: SATYADEV CHILUKURI
  • Previous Owner : ANGELES GONZALEZ MARIA DE LOS
  • Owner Before Previous Owner: FUENTES JACQUELINE OSMARA
  • Owner Before Previous Owner 2: FUENTES JUAN PABLO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Irving Independent School District
  • School Tax School District: IRVING ISD
  • Census Tract: 014602

Zoning

  • Zoning: Z324

Geography

  • Assessors Map Reference: 321329300100100
  • Account Number: 321329300100100
  • Parcel: 32-13293-001-001-0000
  • Block: 1
  • Lot: 1
  • Municipality: IRVING
  • Latitude: 32.8178
  • Longitude: -96.9362

    Address

  • Full Address: 503 Willow Ln
  • Address - House Number: 503
  • Address - Street Name: Willow
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Irving
  • Carrier Code: C062
  • 4-Digit Zip Code: 7743
  • Zip Code: 75061

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,238
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: IS

    Appraisal Valuation

  • Standard Deviation: 0.2221
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 69
  • Final Value: 442,466
  • High Value: 540,740
  • Low Value: 344,192

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $304,000
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Apr 12, 2022
  • First Open Lien Mortgage Loan Amount: $304,000
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $330,210
  • Market Land Value: $25,610
  • Market Improvement Value: $304,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $330,210
  • Assessed Land Value: $25,610
  • Assessed Improvements Value: $304,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 08, 2022
  • Current Sale Recording Date: Apr 12, 2022
  • Current Sale Transaction ID: 11884615756
  • Current Sale Price: $404,320
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 101889
  • Previous Sale Recording Date: Mar 16, 2020
  • Previous Sale Contract Date: Mar 13, 2020
  • Previous Sale Amount: $308,000
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Apr 12, 2022
  • First Mortgage Loan Amount: $304,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: SOUTHWEST FUNDING LP
  • Previous Mortgage Transaction Date: Mar 16, 2020
  • Previous Mortgage Loan Amount: $246,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2050

About South Austin Heights



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512 S Delaware Street #4, Irving, TX, 75060 Listing by Michael Nicholson

Frequently Asked Questions

What neighborhood is 503 Willow Lane located in?
The 503 Willow Lane is a house located in the neighborhood of Elwood in South Austin Heights, Irving.
What is the average sales price for listings in 503 Willow Lane?
The average sales price for units in 503 Willow Lane is $0 currently.

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