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5508 Grove Cove Drive

5508 Grove Cove Drive, Mckinney, TX 75071
House in Celina
Sold Nov 25, 2020
$415,100
$332,100 by Primary Residential Mortgage I
Mortgage Due Dec 01, 2050
Sold May 04, 2016
$411,900
$329,544 by Amerifirst Financial Inc
Mortgage Due May 01, 2046
5508 Grove Cove Drive in Mckinney, TX was first built in 2015 and is 9 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 5508 Grove Cove Drive has 2,987 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,843 square feet.

Learn more about the property and building on this page. There is a unknown. For those who need parking, there is a attached garage. The garage is 434 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The exterior walls of the home are made of brick. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 5508 Grove Cove Drive was last sold in Nov 23, 2020 for $415,100. According to our calculations, that's $121.34 per sqft. Prior to that sales transaction, the property was sold for $411,900 in Apr 29, 2016. Current property owners are expected to pay $8,669 in taxes per year. The property on 5508 Grove Cove Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $452,540. To break that down further, the land itself was valued at $140,000. While improvements to the property were assessed at a total of $434,715. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.

Building Features

Exterior

Brick Exterior
Stone Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Wood
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Floor Cover: Ceramic
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 434
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,843
  • Total Building Area: 3,421
  • Gross Building Area: 3,622
  • Building Area: 2,987
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,987
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HEATHERWOOD PHASE FOUR (CMC)
  • Land Acres: 0.157
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HEATHERWOOD PHASE FOUR (CMC), BLK T, LOT 36

Ownership

  • Current Owner : DOLEH ZACHARY
  • Previous Owner : WOODS CRYSTAL
  • Previous Owner 2: SMITH TAMBOURA
  • Owner Before Previous Owner: K HOVNANIAN HOMES DFW LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: CMC
  • Parcel: R-10664-00T-0360-1
  • Block: T
  • Lot: 36
  • Municipality: MCKINNEY CITY
  • Latitude: 33.2465
  • Longitude: -96.6887

    Address

  • Full Address: 5508 Grove Cove Dr
  • Address - House Number: 5508
  • Address - Street Name: Grove Cove
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Mckinney
  • Carrier Code: R058
  • 4-Digit Zip Code: 8334
  • Zip Code: 75071

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,669
  • Tax Rate Code Area: SPR

    Appraisal Valuation

  • Standard Deviation: 0.2058
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 598,612
  • High Value: 721,836
  • Low Value: 475,388

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $332,100
  • First Open Lien Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Open Lien Mortgage Recording Date: Nov 25, 2020
  • First Open Lien Mortgage Loan Amount: $332,100
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $574,715
  • Market Land Value: $140,000
  • Market Improvement Value: $434,715

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $452,540
  • Assessed Land Value: $140,000
  • Assessed Improvements Value: $434,715

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 23, 2020
  • Current Sale Recording Date: Nov 25, 2020
  • Current Sale Transaction ID: 11804478750
  • Current Sale Price: $415,100
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 20201125002112770
  • Previous Sale Recording Date: May 04, 2016
  • Previous Sale Contract Date: Apr 29, 2016
  • Previous Sale Amount: $411,900
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Mortgage Transaction Date: Nov 25, 2020
  • First Mortgage Loan Amount: $332,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: AMERIFIRST FINANCIAL INC
  • Previous Mortgage Transaction Date: May 04, 2016
  • Previous Mortgage Loan Amount: $329,544
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2046

About McKinney



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Frequently Asked Questions

What neighborhood is 5508 Grove Cove Drive located in?
The 5508 Grove Cove Drive is a house located in the neighborhood of Celina in McKinney, Mckinney.
What is the average sales price for listings in 5508 Grove Cove Drive?
The average sales price for units in 5508 Grove Cove Drive is $0 currently.

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