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5505 Royal Meadow Lane

5505 Royal Meadow Lane, Arlington, TX 76017
Sold Apr 02, 2020
$180,000
$144,000 by United Wholesale Mortgage
Mortgage
Sold Jun 08, 2002
$106,000
$84,800 by United Credible Mtg Inc
Mortgage Due Jul 01, 2032
Local assessors in Arlington, TX have categorized 5505 Royal Meadow Lane as a residential type of property. The home was built in 1994 and is 30 years old. The property's lot size has been calculated to be 5,906 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5505 Royal Meadow Lane has a total of 1,781 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 5505 Royal Meadow Lane was last sold in Mar 21, 2020 for $180,000. According to our calculations, that's $101.07 per sqft. Prior to that sales transaction, the property was sold for $106,000 in Jun 3, 2002. Current property owners are expected to pay $4,557 in taxes per year. The property on 5505 Royal Meadow Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $316,215. To break that down further, the land itself was valued at $55,000. While improvements to the property were assessed at a total of $261,215. 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. 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. 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.

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: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,906
  • Total Building Area: 1,781
  • Gross Building Area: 1,781
  • Building Area: 1,781
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,781
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WHISPERING MEADOW 2ND INC ADDN
  • Land Acres: 0.136
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WHISPERING MEADOW 2ND INC ADDN BLOCK 5 LOT 34R

Ownership

  • Current Owner : NGUYEN KAREN
  • Previous Owner : NGUYEN HUNG KHANH
  • Owner Before Previous Owner: DEMENT MARK L
  • Owner Before Previous Owner 2: DEMENT SANDRA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mansfield Independent School District
  • School Tax School District: MANSFIELD
  • Census Tract: 111516

Geography

  • Assessors Map Reference: 96-Y
  • Account Number: 06361234
  • District: 024
  • Parcel: 06361234
  • Block: 5
  • Lot: 34R
  • Municipality: ARLINGTON
  • Latitude: 32.6571
  • Longitude: -97.1266

    Address

  • Full Address: 5505 Royal Meadow Ln
  • Address - House Number: 5505
  • Address - Street Name: Royal Meadow
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Arlington
  • Carrier Code: R065
  • 4-Digit Zip Code: 6144
  • Zip Code: 76017

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,557
  • Tax Rate Code Area: 908

    Appraisal Valuation

  • Standard Deviation: 0.2246
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 69
  • Final Value: 334,915
  • High Value: 410,145
  • Low Value: 259,685

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $144,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Apr 02, 2020
  • First Open Lien Mortgage Loan Amount: $144,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $316,215
  • Market Land Value: $55,000
  • Market Improvement Value: $261,215

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $316,215
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $261,215

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 21, 2020
  • Current Sale Recording Date: Apr 02, 2020
  • Current Sale Transaction ID: 11753949269
  • Current Sale Price: $180,000
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: D220076857
  • Previous Sale Recording Date: Jun 08, 2002
  • Previous Sale Contract Date: Jun 03, 2002
  • Previous Sale Amount: $106,000
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Apr 02, 2020
  • First Mortgage Loan Amount: $144,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: UNITED CREDIBLE MTG INC
  • Previous Mortgage Transaction Date: Jun 08, 2002
  • Previous Mortgage Loan Amount: $84,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jul 01, 2032

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Frequently Asked Questions

What neighborhood is 5505 Royal Meadow Lane located in?
The 5505 Royal Meadow Lane is a located in the neighborhood of Whispering Meadow in Southeast Arlington, Arlington.
What is the average sales price for listings in 5505 Royal Meadow Lane?
The average sales price for units in 5505 Royal Meadow Lane is $0 currently.

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