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5213 Promised Land Drive

5213 Promised Land Drive, Mckinney, TX 75071
Sold Mar 10, 2017
$233,700
$186,965 by Primelending
Mortgage Due Apr 01, 2047
Sold Jan 26, 2010
Transfer
5213 Promised Land Drive has been categorized by the local assessors in Mckinney, TX as a residential type of property. The building on the property was first built in 2006 and is 18 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as 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, 5213 Promised Land Drive has 1,757 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 6,497 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 399 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 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, 5213 Promised Land Drive sold most recently in Mar 10, 2017 for a total of $233,700. If you work out the math, that's approximately a cost of $108.40 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 $5,927 in taxes each year. 5213 Promised Land Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $309,419. If we break it down further, the land itself was valued at $105,000. Improvements to the property, however, were assessed at a total of $306,173. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Wood
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Floor Count: 1
  • Floor Cover: Ceramic
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 399
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,497
  • Total Building Area: 2,156
  • Gross Building Area: 2,224
  • Building Area: 1,757
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,757
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUMMIT VIEW LAKE PHASE ONE (CMC)
  • Land Acres: 0.149
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUMMIT VIEW LAKE PHASE ONE (CMC), BLK D, LOT 14

Ownership

  • Current Owner : MORRIS MICHAEL THOMAS
  • Previous Owner : BOWEN EDWARD
  • Previous Owner 2: BOWEN JOYCE
  • Owner Before Previous Owner: FANNIE MAE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Prosper Independent School District
  • School Tax School District: PROSPER ISD
  • Census Tract: 030301

Geography

  • Assessors Map Reference: 505-U
  • District: CMC
  • Parcel: R-8754-00D-0140-1
  • Block: D
  • Lot: 14
  • Municipality: MCKINNEY CITY
  • Latitude: 33.2284
  • Longitude: -96.6816

    Address

  • Full Address: 5213 Promised Land Dr
  • Address - House Number: 5213
  • Address - Street Name: Promised Land
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Mckinney
  • Carrier Code: R055
  • 4-Digit Zip Code: 6252
  • Zip Code: 75071

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,927
  • Tax Rate Code Area: SPR

    Appraisal Valuation

  • Standard Deviation: 0.2423
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 418,863
  • High Value: 520,355
  • Low Value: 317,372

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $186,965
  • First Open Lien Mortgage Lender: PRIMELENDING
  • First Open Lien Mortgage Recording Date: Mar 10, 2017
  • First Open Lien Mortgage Loan Amount: $186,965
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2047

    Market Valuation

  • Market Total Value: $411,173
  • Market Land Value: $105,000
  • Market Improvement Value: $306,173

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $309,419
  • Assessed Land Value: $105,000
  • Assessed Improvements Value: $306,173

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 10, 2017
  • Current Sale Recording Date: Mar 10, 2017
  • Current Sale Transaction ID: 1806013656
  • Current Sale Price: $233,700
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20170310000314710
  • Previous Sale Recording Date: Jan 26, 2010
  • Previous Sale Contract Date: Jan 25, 2010
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMELENDING
  • First Mortgage Transaction Date: Mar 10, 2017
  • First Mortgage Loan Amount: $186,965
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2047

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Frequently Asked Questions

What neighborhood is 5213 Promised Land Drive located in?
The 5213 Promised Land Drive is a located in the neighborhood of Summit View Lakes in Summit View Lakes, Mckinney.
What is the average sales price for listings in 5213 Promised Land Drive?
The average sales price for units in 5213 Promised Land Drive is $0 currently.

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