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508 Arrowhead Drive

508 Arrowhead Drive, Richardson, TX 75080
Property in Canyon Creek
Sold Dec 15, 2015
$312,500
$250,000 by Anthony Leone Jr
Mortgage Due May 10, 2046
Sold Feb 25, 2004
Transfer
508 Arrowhead Drive has been categorized by the local assessors in Richardson, TX as a residential type of property. The building on the property was first built in 1966 and is 58 years old. However, we must point out that the home was most recently renovated and altered in 1996. 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, 508 Arrowhead Drive has 2,000 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 1,150 ft and across the front of the lot is 700 ft. The area measurement of the land has been determined as 8,321 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 484 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a unknown. Love to swim? You'll be excited to find out that there is a spa or hot tub but no pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. 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 gable 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. 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, 508 Arrowhead Drive sold most recently in Dec 11, 2015 for a total of $312,500. If you work out the math, that's approximately a cost of $125.81 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 $9,071 in taxes each year. 508 Arrowhead Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $483,460. If we break it down further, the land itself was valued at $275,000. Improvements to the property, however, were assessed at a total of $208,460. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1966
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • 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: 484
  • Parking Space Count: 3
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 8,321
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,484
  • Building Area: 2,000
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,000
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CANYON CREEK 1ST INST
  • Land Acres: 0.191
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CANYON CREEK 1ST INST BLK 7 LOT 8 INT201500329605 DD12112015 CO-DC 0225000700800 3CR02250007

Ownership

  • Current Owner : DRACHENBERG CHRIS
  • Current Owner 2: DRACHENBERG TRICIA
  • Previous Owner : MOORE BRENDA SUE
  • Previous Owner 2: WADE BRADFORD N
  • Owner Before Previous Owner: DENTON CORA JEAN
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Richardson Independent School District
  • School Tax School District: RICHARDSON ISD
  • Census Tract: 019210

Zoning

  • Zoning: Z272

Geography

  • Assessors Map Reference: 420225000700800
  • Account Number: 420225000700800
  • Subdivision Tract Number: 2250
  • Parcel: 42-02250-007-008-0000
  • Block: 7
  • Lot: 8
  • Municipality: RICHARDSON
  • Latitude: 32.9791
  • Longitude: -96.7353

    Address

  • Full Address: 508 Arrowhead Dr
  • Address - House Number: 508
  • Address - Street Name: Arrowhead
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Richardson
  • Carrier Code: C015
  • 4-Digit Zip Code: 2302
  • Zip Code: 75080

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,071
  • Tax Rate Code Area: RS

    Appraisal Valuation

  • Standard Deviation: 0.2575
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 63
  • Final Value: 471,880
  • High Value: 593,404
  • Low Value: 350,355

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: ANTHONY LEONE JR
  • First Open Lien Mortgage Recording Date: Dec 15, 2015
  • First Open Lien Mortgage Loan Amount: $250,000
  • 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 10, 2046
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $483,460
  • Market Land Value: $275,000
  • Market Improvement Value: $208,460

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $483,460
  • Assessed Land Value: $275,000
  • Assessed Improvements Value: $208,460

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 11, 2015
  • Current Sale Recording Date: Dec 15, 2015
  • Current Sale Transaction ID: 1389578036
  • Current Sale Price: $312,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201500329605
  • Previous Sale Recording Date: Feb 25, 2004
  • Previous Sale Contract Date: Feb 06, 2004
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ANTHONY LEONE JR
  • First Mortgage Transaction Date: Dec 15, 2015
  • First Mortgage Loan Amount: $250,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 10, 2046

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Frequently Asked Questions

What neighborhood is 508 Arrowhead Drive located in?
The 508 Arrowhead Drive is a located in the neighborhood of Canyon Creek in Canyon Creek, Richardson.
What is the average sales price for listings in 508 Arrowhead Drive?
The average sales price for units in 508 Arrowhead Drive is $0 currently.

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