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608 Penny Lane

608 Penny Lane, Cedar Park, TX 78613
Sold May 02, 2019
$223,400
$215,766 by Freedom Mortgage Corp
Mortgage Due Aug 01, 2049
Sold Jun 15, 2007
$143,700
$114,950 by Bank Of America Na
Mortgage Due Jul 01, 2037
Local assessors in Cedar Park, TX have categorized 608 Penny Lane as a residential type of property. The home was built in 1984 and is 40 years old. The property's lot size has been calculated to be 8,180 square feet. 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 608 Penny Lane has a total of 1,136 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. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. 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 418 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 a open porch so you'll have a great option in the front of the home. The building has a gable style roof. Lots of wood were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 608 Penny Lane sold most recently in May 1, 2019 for a total of $223,400. If you work out the math, that's approximately a cost of $196.65 per sqft. Before that, the property was also sold for $143,700 in Jun 11, 2007. 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 $5,504 in taxes each year. 608 Penny Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $280,771. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 418
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,180
  • Total Building Area: 1,136
  • Gross Building Area: 1,136
  • Building Area: 1,136
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,136
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BUTTERCUP CREEK SEC 2 VILLAGE 1
  • Land Acres: 0.188
  • Standard Land Use Code: Single family residential
  • Legal Description 1: S3312 - BUTTERCUP CREEK SEC 2 VILLAGE 1, BLOCK B, LOT 11

Ownership

  • Current Owner : MADRID SANDRA J
  • Previous Owner : GARD JOHN
  • Previous Owner 2: GARD TAMMY
  • Owner Before Previous Owner: SACHS JON R
  • Owner Before Previous Owner 2: SACHS AMY A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Leander Independent School District
  • School Tax School District: RFM SLE W09
  • Census Tract: 020336

Geography

  • Assessors Map Reference: 107-F6
  • Account Number: R17W311501B0011
  • Section: 2
  • Parcel: R033121
  • Block: B
  • Lot: 11
  • Municipality: CEDAR PK CITY
  • Latitude: 30.4991
  • Longitude: -97.8293

    Address

  • Full Address: 608 Penny Ln
  • Address - House Number: 608
  • Address - Street Name: Penny
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Cedar Park
  • Carrier Code: R007
  • 4-Digit Zip Code: 3786
  • Zip Code: 78613

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,504
  • Tax Rate Code Area: W09

    Appraisal Valuation

  • Standard Deviation: 0.1911
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 74
  • Final Value: 362,700
  • High Value: 432,030
  • Low Value: 293,371

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $215,766
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Apr 05, 2021
  • First Open Lien Mortgage Loan Amount: $215,766
  • First Open Lien Mortgage Term: 339
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2049

    Market Valuation

  • Market Total Value: $323,766
  • Market Land Value: $94,000
  • Market Improvement Value: $229,766

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $280,771

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 01, 2019
  • Current Sale Recording Date: May 02, 2019
  • Current Sale Transaction ID: 11607103549
  • Current Sale Price: $223,400
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 2019037474
  • Previous Sale Recording Date: Jun 15, 2007
  • Previous Sale Contract Date: Jun 11, 2007
  • Previous Sale Amount: $143,700
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Mortgage Transaction Date: May 02, 2019
  • First Mortgage Loan Amount: $220,433
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Jun 15, 2007
  • Previous Mortgage Loan Amount: $114,950
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2037

About Buttercup Creek



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Frequently Asked Questions

What neighborhood is 608 Penny Lane located in?
The 608 Penny Lane is a house located in the neighborhood of Buttercup Creek in Buttercup Creek, Cedar Park.
What is the average sales price for listings in 608 Penny Lane?
The average sales price for units in 608 Penny Lane is $0 currently.

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