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704 Colorado Street

704 Colorado Street, Mckinney, TX 75069
Property in Shorts
Sold Sep 07, 2018
$79,200
$63,325 by Ira Plus Soluthwest Llc
Mortgage
Sold Apr 10, 2007
Transfer
Buyer
Seller
704 Colorado Street has been categorized by the local assessors in Mckinney, TX as a residential type of property. The building on the property was first built in 1949 and is 75 years old. However, we must point out that the home was most recently renovated and altered in 1980. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 704 Colorado Street has 924 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 5,233 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. Residents will have the luxury of enjoying a unknown. 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 gable style roof made of composition shingle. The exterior walls of the building are made of wood. 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 a window/unit air conditioning at the moment. In terms of heating, it is utilizing a heating system. The property was last sold in Aug 31, 2018 for $79,200. That's $85.71 per sqft. 704 Colorado Street was last assessed in 2023. The total value of the property was assessed at $110,033. Specifically, the land the property is located on was valued at $57,000. While improvements on the property were assessed at a total of $53,033. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,965. The initial tax year of delinquency was in 2021. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Wood
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,233
  • Total Building Area: 924
  • Gross Building Area: 960
  • Building Area: 924
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Window/unit air conditioning
  • Heating: Yes
  • Heated Square Feet: 924
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SHORTS ADDITION (CMC)
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SHORTS ADDITION (CMC), BLOCK 49, LOT 1C

Ownership

  • Current Owner : GASPAR NELLY SERENO
  • Previous Owner : SERENO CARLOS
  • Previous Owner 2: SERENO SIMON
  • Owner Before Previous Owner: RAMOS ROSA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: McKinney Independent School District
  • School Tax School District: MCKINNEY ISD
  • Census Tract: 030903

Zoning

  • Zoning: RS-60

Geography

  • Assessors Map Reference: 540-L
  • District: CMC
  • Parcel: R-0941-049-001C-1
  • Block: 49
  • Lot: 1C
  • Municipality: MCKINNEY CITY
  • Latitude: 33.189
  • Longitude: -96.6113

    Address

  • Full Address: 704 Colorado St
  • Address - House Number: 704
  • Address - Street Name: Colorado
  • Address - Suffix Type: St
  • State: TX
  • City Name: Mckinney
  • Carrier Code: C004
  • 4-Digit Zip Code: 6525
  • Zip Code: 75069

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,965
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: SMC

    Appraisal Valuation

  • Standard Deviation: 0.2352
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 188,544
  • High Value: 232,892
  • Low Value: 144,196

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $63,325
  • First Open Lien Mortgage Lender: IRA PLUS SOLUTHWEST LLC
  • First Open Lien Mortgage Recording Date: Sep 07, 2018
  • First Open Lien Mortgage Loan Amount: $63,325
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $110,033
  • Market Land Value: $57,000
  • Market Improvement Value: $53,033

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $110,033
  • Assessed Land Value: $57,000
  • Assessed Improvements Value: $53,033

    Sales

  • Current Sale Contract Date: Aug 31, 2018
  • Current Sale Recording Date: Sep 07, 2018
  • Current Sale Transaction ID: 11510902956
  • Current Sale Price: $79,200
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 20180907001128380
  • Previous Sale Recording Date: Apr 10, 2007
  • Previous Sale Contract Date: Jan 30, 2006
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: IRA PLUS SOLUTHWEST LLC
  • First Mortgage Transaction Date: Sep 07, 2018
  • First Mortgage Loan Amount: $63,325
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 704 Colorado Street located in?
The 704 Colorado Street is a located in the neighborhood of Shorts in Wilcox, Mckinney.
What is the average sales price for listings in 704 Colorado Street?
The average sales price for units in 704 Colorado Street is $0 currently.

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