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507 Lilly Court

507 Lilly Court, Irving, TX 75063
Sold Oct 08, 2020
$250,000
Sold Nov 03, 2016
$312,500
$250,000 by The Lending Partners Llc
Mortgage Due Dec 01, 2046
507 Lilly Court has been categorized by the local assessors in Irving, TX as a residential type of property. The building on the property was first built in 1994 and is 30 years old. The home has a total of 4 bedrooms. 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, 507 Lilly Court has 2,358 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 650 ft and across the front of the lot is 1,360 ft. The area measurement of the land has been determined as 10,694 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 420 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as good. 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 frame control joints. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of brick veneer. 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 and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. The building on the property is connected to a sewer system. 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, 507 Lilly Court was last sold in Oct 6, 2020 for $250,000. According to our calculations, that's $89.99 per sqft. Prior to that sales transaction, the property was sold for $312,500 in Nov 1, 2016. Current property owners are expected to pay $8,641 in taxes per year. The property on 507 Lilly Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $419,740. To break that down further, the land itself was valued at $70,000. While improvements to the property were assessed at a total of $349,740. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

Exterior

Brick Exterior

Parking

Attached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Frame
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,694
  • Lot Size Depth Feet: 650
  • Lot Size Frontage Feet: 1,360
  • Total Building Area: 2,778
  • Building Area: 2,358
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,358
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAKES OF VALLEY RANCH PH 2 AMND
  • Land Acres: 0.246
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKES OF VALLEY RANCH PH 2 AMND BLK A LOT 41 INT202000276545 DD10062020 CO-DC 2553100A04100 2CI2553100A

Ownership

  • Current Owner : KHATOON TAWNIDA
  • Current Owner 2: KHATOON TAMJIDA
  • Previous Owner : BEAVER SANDRA B
  • Previous Owner 2: DOBBINSON RYANE WESLEY
  • Owner Before Previous Owner: CHANEY PIERCE CLOYE
  • Owner Before Previous Owner 2: PIERCE VAN ROY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Carrollton-Farmers Branch Independent School District
  • School Tax School District: CAR-FARM BR ISD
  • Census Tract: 014132

Zoning

  • Zoning: Z393

Geography

  • Assessors Map Reference: 322553100A04100
  • Account Number: 322553100A04100
  • Parcel: 32-25531-00A-041-0000
  • Block: A
  • Lot: 41
  • Municipality: IRVING
  • Latitude: 32.9475
  • Longitude: -96.9526

    Address

  • Full Address: 507 Lilly Ct
  • Address - House Number: 507
  • Address - Street Name: Lilly
  • Address - Suffix Type: Ct
  • State: TX
  • City Name: Irving
  • Carrier Code: C064
  • 4-Digit Zip Code: 5371
  • Zip Code: 75063

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,641
  • Tax Rate Code Area: ID

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 68
  • Final Value: 518,373
  • High Value: 636,750
  • Low Value: 399,996

    Market Valuation

  • Market Total Value: $419,740
  • Market Land Value: $70,000
  • Market Improvement Value: $349,740

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $419,740
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $349,740

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 06, 2020
  • Current Sale Recording Date: Oct 08, 2020
  • Current Sale Transaction ID: 11792245489
  • Current Sale Price: $250,000
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 202000276545
  • Previous Sale Recording Date: Nov 03, 2016
  • Previous Sale Contract Date: Nov 01, 2016
  • Previous Sale Amount: $312,500
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Oct 08, 2020
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: THE LENDING PARTNERS LLC
  • Previous Mortgage Transaction Date: Nov 03, 2016
  • Previous Mortgage Loan Amount: $250,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2046

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Frequently Asked Questions

What neighborhood is 507 Lilly Court located in?
The 507 Lilly Court is a house located in the neighborhood of The Lakes of Valley Ranch in Valley Ranch, Irving.
What is the average sales price for listings in 507 Lilly Court?
The average sales price for units in 507 Lilly Court is $0 currently.

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