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506 Red Oak Street

506 Red Oak Street, Allen, TX 75002
Property in Oak Hill
Sold Sep 22, 2016
$125,000
$100,000 by First United Bank & Trust Co
Mortgage Due Sep 01, 2031
506 Red Oak Street has been categorized by the local assessors in Allen, TX as a residential type of property. The building on the property was first built in 1981 and is 43 years old. However, we must point out that the home was most recently renovated and altered in 2005. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 506 Red Oak Street has 1,241 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,754 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 attached garage for those who require parking. The garage measured 264 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying 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 hip style roof made of composition shingle. The exterior walls of the building are made of brick. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. 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, 506 Red Oak Street sold most recently in Sep 2, 2016 for a total of $125,000. If you work out the math, that's approximately a cost of $83.06 per sqft. 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 $5,018 in taxes each year. 506 Red Oak Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $279,957. If we break it down further, the land itself was valued at $90,000. Improvements to the property, however, were assessed at a total of $189,957. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1981
  • Effective Year Built: 2005
  • 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: 6,754
  • Total Building Area: 1,505
  • Gross Building Area: 1,553
  • Building Area: 1,241
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,241
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAK HILL (CAL)
  • Land Acres: 0.155
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OAK HILL (CAL), BLK F, LOT 4

Ownership

  • Current Owner : GOH CALEB T
  • Previous Owner : GRAVES DONALD E
  • Previous Owner 2: GRAVES JUDITH A

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-1136-006-0040-1
  • Block: F
  • Lot: 4
  • Municipality: ALLEN CITY
  • Latitude: 33.0868
  • Longitude: -96.6677

    Address

  • Full Address: 506 Red Oak St
  • Address - House Number: 506
  • Address - Street Name: Red Oak
  • Address - Suffix Type: St
  • State: TX
  • City Name: Allen
  • Carrier Code: C014
  • 4-Digit Zip Code: 3306
  • Zip Code: 75002

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,018
  • Tax Rate Code Area: SAL

    Appraisal Valuation

  • Standard Deviation: 0.2058
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 334,646
  • High Value: 403,533
  • Low Value: 265,759

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: FIRST UNITED BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Sep 22, 2016
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2031

    Market Valuation

  • Market Total Value: $279,957
  • Market Land Value: $90,000
  • Market Improvement Value: $189,957

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $279,957
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $189,957

    Sales

  • Current Sale Contract Date: Sep 02, 2016
  • Current Sale Recording Date: Sep 22, 2016
  • Current Sale Transaction ID: 1870819032
  • Current Sale Price: $125,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20160922001268490

    Last Sale Mortgage

  • First Mortgage Lender: FIRST UNITED BANK & TRUST CO
  • First Mortgage Transaction Date: Sep 22, 2016
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Due Date: Sep 01, 2031

About Oak Hill



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Frequently Asked Questions

What neighborhood is 506 Red Oak Street located in?
The 506 Red Oak Street is a located in the neighborhood of Oak Hill in Oak Hill, Allen.
What is the average sales price for listings in 506 Red Oak Street?
The average sales price for units in 506 Red Oak Street is $0 currently.

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