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7443 Lake Run Lane

7443 Lake Run Lane, Richmond, TX 77407
Property in Lakemont
Sold Apr 13, 2010
$164,300
$170,000 by Wells Fargo Bank Na
Mortgage Due Apr 01, 2042
Sold Mar 02, 2010
Transfer
7443 Lake Run Lane has been categorized by the local assessors in Richmond, TX as a residential type of property. The building on the property was first built in 2004 and is 20 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7443 Lake Run Lane has 2,082 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 7,162 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

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 441 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a open porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as good. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of brick veneer. 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, 7443 Lake Run Lane sold most recently in Mar 2, 2010 for a total of $164,300. If you work out the math, that's approximately a cost of $65.12 per sqft. 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 $5,435 in taxes each year. 7443 Lake Run Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $258,467. Improvements to the property, however, were assessed at a total of $288,944. 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. 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: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Style: Conventional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,162
  • Total Building Area: 2,523
  • Gross Building Area: 2,523
  • Building Area: 2,082
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,082
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKEMONT SEC 5
  • Land Acres: 0.164
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKEMONT SEC 5, BLOCK 3, LOT 9

Ownership

  • Current Owner : WALLACE PETER
  • Previous Owner : DEUTSCHE BANK NATIONAL TRUST COMPANY
  • Owner Before Previous Owner: DEUTSCHE BANK NATIONAL TRUST CO TRUSTEE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lamar Consolidated Independent School District
  • School Tax School District: S01 M178 G01
  • Census Tract: 672906

Geography

  • Assessors Map Reference: Z-031
  • Parcel: 4790-05-003-0090-901
  • Block: 3
  • Lot: 9
  • Municipality: RICHMOND
  • Latitude: 29.6944
  • Longitude: -95.74

    Address

  • Full Address: 7443 Lake Run Ln
  • Address - House Number: 7443
  • Address - Street Name: Lake Run
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Richmond
  • Carrier Code: R030
  • 4-Digit Zip Code: 7868
  • Zip Code: 77407

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,435
  • Tax Rate Code Area: W16

    Appraisal Valuation

  • Standard Deviation: 0.162
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 341,882
  • High Value: 397,284
  • Low Value: 286,479

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $170,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Mar 30, 2022
  • First Open Lien Mortgage Loan Amount: $170,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2042

    Market Valuation

  • Market Total Value: $319,419
  • Market Land Value: $30,475
  • Market Improvement Value: $288,944

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $258,467
  • Assessed Improvements Value: $288,944

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 02, 2010
  • Current Sale Recording Date: Apr 13, 2010
  • Current Sale Transaction ID: 1149616368
  • Current Sale Price: $164,300
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2010031785
  • Previous Sale Recording Date: Mar 02, 2010
  • Previous Sale Contract Date: Apr 09, 2010
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ENVOY MORTGAGE LTD
  • First Mortgage Transaction Date: Apr 13, 2010
  • First Mortgage Loan Amount: $131,474
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2040

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Frequently Asked Questions

What neighborhood is 7443 Lake Run Lane located in?
The 7443 Lake Run Lane is a located in the neighborhood of Lakemont in Lakemont, Richmond.
What is the average sales price for listings in 7443 Lake Run Lane?
The average sales price for units in 7443 Lake Run Lane is $0 currently.

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