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5961 McFarland Drive

5961 McFarland Drive, Plano, TX 75093
Sold Sep 03, 2020
$687,500
$550,000 by Finemark National Bank & Trust
Mortgage
Sold Sep 17, 2012
$519,900
$415,920 by Legacytexas Bank
Mortgage
5961 McFarland Drive has been categorized by the local assessors in Plano, TX as a residential type of property. The building on the property was first built in 1998 and is 26 years old. However, we must point out that the home was most recently renovated and altered in 2010. The home has a total of 10 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5961 McFarland Drive has 4,247 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 10,459 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 719 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. 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 building has a hip style roof made of composition shingle. 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, 5961 McFarland Drive sold most recently in Sep 2, 2020 for a total of $687,500. If you work out the math, that's approximately a cost of $138.44 per sqft. Before that, the property was also sold for $519,900 in Sep 13, 2012. 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 $14,480 in taxes each year. 5961 McFarland Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $838,925. If we break it down further, the land itself was valued at $232,750. Improvements to the property, however, were assessed at a total of $1,031,579. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

Building Features

Exterior

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • 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
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 719
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,459
  • Total Building Area: 4,966
  • Gross Building Area: 5,108
  • Building Area: 4,247
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,247
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILLOW BEND POLO ESTATES PHASE F (CPL)
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WILLOW BEND POLO ESTATES PHASE F (CPL), BLK C, LOT 12

Ownership

  • Current Owner : MERREFIELD KETTH S
  • Current Owner 2: MERREFIELD KELLY K
  • Previous Owner : DUNCAN AUDREY AREL
  • Owner Before Previous Owner: HATTRUP ROBYN R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Plano Independent School District
  • School Tax School District: PLANO ISD
  • Census Tract: 031668

Zoning

  • Zoning: SFR

Geography

  • Assessors Map Reference: 633-R
  • District: CPL
  • Parcel: R-3665-00C-0120-1
  • Block: C
  • Lot: 12
  • Municipality: PLANO CITY
  • Latitude: 33.0332
  • Longitude: -96.8253

    Address

  • Full Address: 5961 Mcfarland Dr
  • Address - House Number: 5961
  • Address - Street Name: Mcfarland
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Plano
  • Carrier Code: R067
  • 4-Digit Zip Code: 4345
  • Zip Code: 75093

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,480
  • Tax Rate Code Area: SPL

    Appraisal Valuation

  • Standard Deviation: 0.2187
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 1,077,852
  • High Value: 1,313,588
  • Low Value: 842,117

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $550,000
  • First Open Lien Mortgage Lender: FINEMARK NATIONAL BANK & TRUST
  • First Open Lien Mortgage Recording Date: Sep 03, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $550,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $1,264,329
  • Market Land Value: $232,750
  • Market Improvement Value: $1,031,579

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $838,925
  • Assessed Land Value: $232,750
  • Assessed Improvements Value: $1,031,579

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 02, 2020
  • Current Sale Recording Date: Sep 03, 2020
  • Current Sale Transaction ID: 11786810297
  • Current Sale Price: $687,500
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 20200903001483520
  • Previous Sale Recording Date: Sep 17, 2012
  • Previous Sale Contract Date: Sep 13, 2012
  • Previous Sale Amount: $519,900
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: FINEMARK NATIONAL BANK & TRUST
  • First Mortgage Transaction Date: Sep 03, 2020
  • First Mortgage Loan Amount: $550,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: LEGACYTEXAS BANK
  • Previous Mortgage Transaction Date: Sep 17, 2012
  • Previous Mortgage Loan Amount: $415,920
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Willow Bend



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Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,323 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 5961 McFarland Drive located in?
The 5961 McFarland Drive is a house located in the neighborhood of Willow Bend Polo Estates in Willow Bend, Plano.
What is the average sales price for listings in 5961 McFarland Drive?
The average sales price for units in 5961 McFarland Drive is $0 currently.

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