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525 North Pearson Lane

525 North Pearson Lane, Southlake, TX 76092
Refi Sep 12, 2019
Transfer
$700,000 by First Financial Bank Na
Mortgage
525 North Pearson Lane has been categorized by the local assessors in Southlake, TX as a residential type of property. The building on the property was first built in 2014 and is 10 years old. The home has a total of 5 bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 525 North Pearson Lane has 7,279 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 44,643 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 garage for those who require parking. According to our sources, there are a total of 9 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $21,184 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 525 North Pearson Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,471,562. To break that down further, the land itself was valued at $428,750. While improvements to the property were assessed at a total of $2,042,812. 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
Stone Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: A
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 9

    Dimensions

  • Lot Size Square Feet: 44,643
  • Total Building Area: 7,279
  • Gross Building Area: 7,279
  • Building Area: 7,279
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 7,279
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JESSE G ALLEN #18 ADDITION
  • Land Acres: 1.025
  • Standard Land Use Code: Single family residential
  • Legal Description 1: JESSE G ALLEN #18 ADDITION LOT 18 PER PLAT D214015180

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Keller Independent School District
  • School Tax School District: KELLER
  • Census Tract: 113956

Geography

  • Account Number: 41702484
  • District: 022
  • Parcel: 41702484
  • Lot: 18
  • Municipality: SOUTHLAKE
  • Latitude: 32.9412
  • Longitude: -97.2028

    Address

  • Full Address: 525 N Pearson Ln
  • Address - House Number: 525
  • Street Direction: N
  • Address - Street Name: Pearson
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Southlake
  • Zip Code: 76092

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $21,184
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 907

    Appraisal Valuation

  • Standard Deviation: 0.4703
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 5
  • Final Value: 1,941,584
  • High Value: 2,854,865
  • Low Value: 1,028,302

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $700,000
  • First Open Lien Mortgage Lender: FIRST FINANCIAL BANK NA
  • First Open Lien Mortgage Recording Date: Sep 12, 2019
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $700,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $2,471,562
  • Market Land Value: $428,750
  • Market Improvement Value: $2,042,812

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,471,562
  • Assessed Land Value: $428,750
  • Assessed Improvements Value: $2,042,812

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

About Southlake



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Frequently Asked Questions

What neighborhood is 525 North Pearson Lane located in?
The 525 North Pearson Lane is a house located in the neighborhood of Northeast Tarrant in Southlake, Southlake.
What is the average sales price for listings in 525 North Pearson Lane?
The average sales price for units in 525 North Pearson Lane is $0 currently.

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