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5716 Richwater Drive

5716 Richwater Drive, Dallas, TX 75252
Sold Oct 30, 2020
$638,000
$510,400 by Certainty Home Loans Llc
Mortgage Due Nov 01, 2050
Sold May 08, 2017
$530,000
$424,000 by Integrity Mortgage Corporation
Mortgage Due Jun 01, 2047
5716 Richwater Drive in Dallas, TX was first built in 1984 and is 40 years old. Although, the building on the property was most recently renovated and altered in 2010. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 5716 Richwater Drive has 4,506 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 15,914 square feet.

Learn more about the property and building on this page. There is a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a hip style roof. For those who need parking, there is a attached garage. The garage is 782 sqft. There are a total of 3 available parking spaces. 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. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. 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. 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, 5716 Richwater Drive sold most recently in Oct 26, 2020 for a total of $638,000. If you work out the math, that's approximately a cost of $120.65 per sqft. Before that, the property was also sold for $530,000 in May 5, 2017. 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 $22,047 in taxes each year. 5716 Richwater Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,078,572. If we break it down further, the land itself was valued at $388,125. Improvements to the property, however, were assessed at a total of $790,581. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Construction Type: Wood
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Ceramic
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 782
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 15,914
  • Total Building Area: 5,288
  • Gross Building Area: 5,770
  • Building Area: 4,506
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,506
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PRESTONWOOD WEST SECTION ONE PHASE TWO (
  • Land Acres: 0.365
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PRESTONWOOD WEST SECTION ONE PHASE TWO (CDA), BLK A/8731, LOT 37

Ownership

  • Current Owner : MCDERMOTT SEAN
  • Current Owner 2: MCDERMOTT RACHEL
  • Previous Owner : MORRISON RUTH M
  • Owner Before Previous Owner: BRANDS KEVIN R
  • Owner Before Previous Owner 2: BRANDS BECKIE J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Plano Independent School District
  • School Tax School District: PLANO ISD
  • Census Tract: 031708

Zoning

  • Zoning: SFR

Geography

  • Assessors Map Reference: 667-E
  • District: CDA
  • Parcel: R-0438-001-0370-1
  • Block: A/873
  • Lot: 37
  • Municipality: DALLAS CITY
  • Latitude: 32.9939
  • Longitude: -96.8087

    Address

  • Full Address: 5716 Richwater Dr
  • Address - House Number: 5716
  • Address - Street Name: Richwater
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Dallas
  • Carrier Code: R012
  • 4-Digit Zip Code: 4923
  • Zip Code: 75252

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $22,047
  • Tax Rate Code Area: SPL

    Appraisal Valuation

  • Standard Deviation: 0.2182
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 987,715
  • High Value: 1,203,259
  • Low Value: 772,171

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,400
  • First Open Lien Mortgage Lender: CERTAINTY HOME LOANS LLC
  • First Open Lien Mortgage Recording Date: Oct 30, 2020
  • First Open Lien Mortgage Loan Amount: $510,400
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $1,178,706
  • Market Land Value: $388,125
  • Market Improvement Value: $790,581

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,078,572
  • Assessed Land Value: $388,125
  • Assessed Improvements Value: $790,581

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 26, 2020
  • Current Sale Recording Date: Oct 30, 2020
  • Current Sale Transaction ID: 11798437938
  • Current Sale Price: $638,000
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 20201030001912870
  • Previous Sale Recording Date: May 08, 2017
  • Previous Sale Contract Date: May 05, 2017
  • Previous Sale Amount: $530,000
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: CERTAINTY HOME LOANS LLC
  • First Mortgage Transaction Date: Oct 30, 2020
  • First Mortgage Loan Amount: $510,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: INTEGRITY MORTGAGE CORPORATION
  • Previous Mortgage Transaction Date: May 08, 2017
  • Previous Mortgage Loan Amount: $424,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2047

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Frequently Asked Questions

What neighborhood is 5716 Richwater Drive located in?
The 5716 Richwater Drive is a located in the neighborhood of Prestonwood West Master in North Central Dallas, Dallas.
What is the average sales price for listings in 5716 Richwater Drive?
The average sales price for units in 5716 Richwater Drive is $0 currently.

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