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7821 Heritage Palms Trail

7821 Heritage Palms Trail, Mckinney, TX 75070
House in McKinney
Sold Jan 20, 2021
$527,600
$422,100 by Amerifirst Financial Inc
Mortgage Due Feb 01, 2051
Sold Oct 10, 2016
$125,300
$100,224 by Mci Preferred Equity Fund Llc
Mortgage
7821 Heritage Palms Trail 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 2018 and is 6 years old. The home has a total of 9 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7821 Heritage Palms Trail has 3,019 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 5,100 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 attached garage for those who require parking. The garage measured 451 sqft. 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 exterior walls of the building are made of brick. As for the floors, you'll see that the home has flooring throughout. 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. The property was last sold in Jan 15, 2021 for $527,600. That's $152.05 per sqft. Prior to that sales transaction, the property was also sold in Sep 29, 2016 for $125,300. 7821 Heritage Palms Trail was last assessed in 2023. The total value of the property was assessed at $648,500. Specifically, the land the property is located on was valued at $150,000. While improvements on the property were assessed at a total of $498,500. 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 $10,931. 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.

Building Features

Condition

New Construction

Exterior

Brick Exterior

Parking

Attached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Construction Type: Wood
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Floor Cover: Ceramic
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 451
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,100
  • Total Building Area: 3,470
  • Gross Building Area: 3,539
  • Building Area: 3,019
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,019
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CRAIG RANCH NORTH PHASE 12 (CMC)
  • Land Acres: 0.117
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CRAIG RANCH NORTH PHASE 12 (CMC), BLK B, LOT 8

Ownership

  • Current Owner : PRATTIPATI SRIVENKATA JANARDHANA C
  • Previous Owner : MEGATEL HOMES LLC
  • Owner Before Previous Owner: MM FINISHED LOTS II LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Frisco Independent School District
  • School Tax School District: FRISCO ISD
  • Census Tract: 030517

Geography

  • District: CMC
  • Parcel: R-10466-00B-0080-1
  • Block: B
  • Lot: 8
  • Municipality: MCKINNEY CITY
  • Latitude: 33.1548
  • Longitude: -96.7169

    Address

  • Full Address: 7821 Heritage Palms Trl
  • Address - House Number: 7821
  • Address - Street Name: Heritage Palms
  • Address - Suffix Type: Trl
  • State: TX
  • City Name: Mckinney
  • Carrier Code: R103
  • 4-Digit Zip Code: 8216
  • Zip Code: 75070

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,931
  • Tax Rate Code Area: SFR

    Appraisal Valuation

  • Standard Deviation: 0.2143
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 670,042
  • High Value: 813,635
  • Low Value: 526,448

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $422,100
  • First Open Lien Mortgage Lender: AMERIFIRST FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Jan 20, 2021
  • First Open Lien Mortgage Loan Amount: $422,100
  • 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: $648,500
  • Market Land Value: $150,000
  • Market Improvement Value: $498,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $648,500
  • Assessed Land Value: $150,000
  • Assessed Improvements Value: $498,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 15, 2021
  • Current Sale Recording Date: Jan 20, 2021
  • Current Sale Transaction ID: 11814567918
  • Current Sale Price: $527,600
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 20210120000126920
  • Previous Sale Recording Date: Oct 10, 2016
  • Previous Sale Contract Date: Sep 29, 2016
  • Previous Sale Amount: $125,300
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: AMERIFIRST FINANCIAL INC
  • First Mortgage Transaction Date: Jan 20, 2021
  • First Mortgage Loan Amount: $422,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MCI PREFERRED EQUITY FUND LLC
  • Previous Mortgage Transaction Date: Oct 10, 2016
  • Previous Mortgage Loan Amount: $100,224
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 7821 Heritage Palms Trail located in?
The 7821 Heritage Palms Trail is a house located in the neighborhood of McKinney in McKinney, Mckinney.
What is the average sales price for listings in 7821 Heritage Palms Trail?
The average sales price for units in 7821 Heritage Palms Trail is $0 currently.

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