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7204 Lake Whitney Drive

7204 Lake Whitney Drive, Arlington, TX 76002
Sold Dec 22, 2016
$174,300
Seller
$171,950 by Bbmc Mortgage Llc
Mortgage Due Jan 01, 2047
Sold Oct 13, 2005
$117,600
Buyer
Hud
Seller
$116,000 by New Century Mortgage Corp
Mortgage Due Nov 01, 2035
7204 Lake Whitney Drive has been categorized by the local assessors in Arlington, TX as a residential type of property. The building on the property was first built in 2001 and is 23 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7204 Lake Whitney Drive has 3,302 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 7,187 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 garage for those who require parking. The garage measured 400 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. 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 brick control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. 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. 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, 7204 Lake Whitney Drive sold most recently in Dec 19, 2016 for a total of $174,300. If you work out the math, that's approximately a cost of $52.79 per sqft. Before that, the property was also sold for $117,600 in Oct 11, 2005. 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 $5,561 in taxes each year. 7204 Lake Whitney Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $435,487. If we break it down further, the land itself was valued at $55,000. Improvements to the property, however, were assessed at a total of $380,487. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,187
  • Total Building Area: 3,302
  • Gross Building Area: 3,302
  • Building Area: 3,302
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,302
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE PORT MEADOWS ADDITION
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKE PORT MEADOWS ADDITION BLOCK 8 LOT 17

Ownership

  • Current Owner : PHAN PRESTON P
  • Previous Owner : HO HUNG V
  • Owner Before Previous Owner: HUD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mansfield Independent School District
  • School Tax School District: MANSFIELD
  • Census Tract: 111562

Geography

  • Assessors Map Reference: 111-M
  • Account Number: 07364237
  • District: 024
  • Parcel: 07364237
  • Block: 8
  • Lot: 17
  • Municipality: ARLINGTON
  • Latitude: 32.6284
  • Longitude: -97.0746

    Address

  • Full Address: 7204 Lake Whitney Dr
  • Address - House Number: 7204
  • Address - Street Name: Lake Whitney
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Arlington
  • Carrier Code: R078
  • 4-Digit Zip Code: 4028
  • Zip Code: 76002

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,561
  • Tax Rate Code Area: 908

    Appraisal Valuation

  • Standard Deviation: 0.1991
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 423,654
  • High Value: 508,039
  • Low Value: 339,270

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $171,950
  • First Open Lien Mortgage Lender: BBMC MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 22, 2016
  • First Open Lien Mortgage Loan Amount: $171,950
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2047

    Market Valuation

  • Market Total Value: $435,487
  • Market Land Value: $55,000
  • Market Improvement Value: $380,487

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $435,487
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $380,487

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 19, 2016
  • Current Sale Recording Date: Dec 22, 2016
  • Current Sale Transaction ID: 1931846988
  • Current Sale Price: $174,300
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: D216299101
  • Previous Sale Recording Date: Oct 13, 2005
  • Previous Sale Contract Date: Oct 11, 2005
  • Previous Sale Amount: $117,600
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: BBMC MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 22, 2016
  • First Mortgage Loan Amount: $171,950
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: NEW CENTURY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Oct 13, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $116,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Nov 01, 2035

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Frequently Asked Questions

What neighborhood is 7204 Lake Whitney Drive located in?
The 7204 Lake Whitney Drive is a located in the neighborhood of Lake Port Meadows in Southeast Arlington, Arlington.
What is the average sales price for listings in 7204 Lake Whitney Drive?
The average sales price for units in 7204 Lake Whitney Drive is $0 currently.

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