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512 Thoroughbred Avenue

512 Thoroughbred Avenue, Frisco, TX 75034
House in The Colony
Sold Jan 10, 2020
$519,000
$415,870 by Wells Fargo Bank Na
Mortgage Due May 01, 2036
512 Thoroughbred Avenue has been categorized by the local assessors in Frisco, TX as a residential type of property. The building on the property was first built in 2019 and is 5 years old. The home has a total of 4 bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 512 Thoroughbred Avenue has 3,040 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 7,475 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 462 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of brick veneer. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. 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, 512 Thoroughbred Avenue sold most recently in Jan 9, 2020 for a total of $519,000. If you work out the math, that's approximately a cost of $148.20 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 $11,643 in taxes each year. 512 Thoroughbred Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $706,012. If we break it down further, the land itself was valued at $216,775. Improvements to the property, however, were assessed at a total of $762,454. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.

Building Features

Condition

New Construction

Exterior

Brick Exterior / Wood Exterior
Concrete Exterior
Stone Exterior
Wood Exterior

Parking

Attached Garage
Open Parking
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: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 462
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,475
  • Total Building Area: 3,502
  • Gross Building Area: 3,502
  • Building Area: 3,040
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,040
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PHILLIPS CREEK RANCH SILVERTAIL PHASE 1
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PHILLIPS CREEK RANCH SILVERTAIL PHASE 1 BLK B LOT 32

Ownership

  • Current Owner : BROWN JOSEPH
  • Current Owner 2: BROWN KRISTEN
  • Previous Owner : DARLING HOMES OF TEXAS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Northwest Independent School District
  • Census Tract: 021540

Geography

  • Parcel: R695565
  • Block: B
  • Lot: 32
  • Municipality: FRISCO
  • Latitude: 33.1434
  • Longitude: -96.8878

    Address

  • Full Address: 512 Thoroughbred Ave
  • Address - House Number: 512
  • Address - Street Name: Thoroughbred
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Frisco
  • Carrier Code: R119
  • 4-Digit Zip Code: 5225
  • Zip Code: 75036

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,643
  • Tax Rate Code Area: S06

    Appraisal Valuation

  • Standard Deviation: 0.2015
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 821,053
  • High Value: 986,573
  • Low Value: 655,534

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $415,870
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Apr 29, 2021
  • First Open Lien Mortgage Loan Amount: $415,870
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2036

    Market Valuation

  • Market Total Value: $979,229
  • Market Land Value: $216,775
  • Market Improvement Value: $762,454

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $706,012
  • Assessed Land Value: $216,775
  • Assessed Improvements Value: $762,454

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 09, 2020
  • Current Sale Recording Date: Jan 10, 2020
  • Current Sale Transaction ID: 11716342133
  • Current Sale Price: $519,000
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 2020-003843

    Last Sale Mortgage

  • First Mortgage Lender: TAYLOR MORRISON HOME FUNDING L
  • First Mortgage Transaction Date: Jan 10, 2020
  • First Mortgage Loan Amount: $415,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2050

About Frisco



Similar Buildings

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Nearby Rentals

Unit for rent at

$2,800 /mo

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  • 2 Baths
Listing by Cecilia McCormick
Unit for rent at

$2,400 /mo

  • 3 Beds
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Frequently Asked Questions

What neighborhood is 512 Thoroughbred Avenue located in?
The 512 Thoroughbred Avenue is a house located in the neighborhood of The Colony in Frisco, Frisco.
What is the average sales price for listings in 512 Thoroughbred Avenue?
The average sales price for units in 512 Thoroughbred Avenue is $0 currently.

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