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7508 Grace Avenue

7508 Grace Avenue, Plano, TX 75024
Property in Deerfield North
Sold Feb 02, 2021
$519,400
$415,537 by Better Mortgage Corporation
Mortgage Due Feb 01, 2051
Sold Mar 23, 2015
$445,000
$356,000 by Caliber Home Loans Inc
Mortgage Due Apr 01, 2045
7508 Grace Avenue in Plano, TX was first built in 2006 and is 18 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 5 full bathrooms. There are 6 partial bathrooms. 7508 Grace Avenue has 4,557 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,639 square feet.

Learn more about the property and building on this page. There is a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. For those who need parking, there is a attached garage. The garage is 744 sqft. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The exterior walls of the home are made of brick. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jan 6, 2020 for $519,400. That's $97.98 per sqft. Prior to that sales transaction, the property was also sold in Mar 19, 2015 for $445,000. 7508 Grace Avenue was last assessed in 2023. The total value of the property was assessed at $729,160. Specifically, the land the property is located on was valued at $200,000. While improvements on the property were assessed at a total of $740,880. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $12,218. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Construction Type: Wood
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Floor Count: 2
  • Floor Cover: Ceramic
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 744
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,639
  • Total Building Area: 5,301
  • Gross Building Area: 5,379
  • Building Area: 4,557
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,557
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DEERFIELD NORTH PHASE I (CPL)
  • Land Acres: 0.175
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DEERFIELD NORTH PHASE I (CPL), BLK G, LOT 37

Ownership

  • Current Owner : WANG XIAOPENG
  • Current Owner 2: ZHOU NAN
  • Previous Owner : WANG XIAOPENG
  • Owner Before Previous Owner: KUEHNE ROBERT A
  • Owner Before Previous Owner 2: VADAN LUMINITA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Frisco Independent School District
  • School Tax School District: FRISCO ISD
  • Census Tract: 031663

Geography

  • Assessors Map Reference: 601-R
  • District: CPL
  • Parcel: R-8616-00G-0370-1
  • Block: G
  • Lot: 37
  • Municipality: PLANO CITY
  • Latitude: 33.0804
  • Longitude: -96.7822

    Address

  • Full Address: 7508 Grace Ave
  • Address - House Number: 7508
  • Address - Street Name: Grace
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Plano
  • Carrier Code: R083
  • 4-Digit Zip Code: 3966
  • Zip Code: 75024

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,218
  • Tax Rate Code Area: SFR

    Appraisal Valuation

  • Standard Deviation: 0.2156
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 914,552
  • High Value: 1,111,753
  • Low Value: 717,351

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $415,537
  • First Open Lien Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Feb 02, 2021
  • First Open Lien Mortgage Loan Amount: $415,537
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Market Valuation

  • Market Total Value: $940,880
  • Market Land Value: $200,000
  • Market Improvement Value: $740,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $729,160
  • Assessed Land Value: $200,000
  • Assessed Improvements Value: $740,880

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 06, 2020
  • Current Sale Recording Date: Feb 02, 2021
  • Current Sale Transaction ID: 11816292831
  • Current Sale Price: $519,400
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 20210202000219050
  • Previous Sale Recording Date: Mar 23, 2015
  • Previous Sale Contract Date: Mar 19, 2015
  • Previous Sale Amount: $445,000
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Feb 02, 2021
  • First Mortgage Loan Amount: $415,537
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CALIBER HOME LOANS INC
  • Previous Mortgage Transaction Date: Mar 23, 2015
  • Previous Mortgage Loan Amount: $356,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2045

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Frequently Asked Questions

What neighborhood is 7508 Grace Avenue located in?
The 7508 Grace Avenue is a located in the neighborhood of Deerfield North in Deerfield, Plano.
What is the average sales price for listings in 7508 Grace Avenue?
The average sales price for units in 7508 Grace Avenue is $0 currently.

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