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8417 Shoreacres Drive

8417 Shoreacres Drive, Mckinney, TX 75070
Property in McKinney
Sold Nov 24, 2020
$415,000
$332,000 by Wintex Group Llc
Mortgage Due Nov 01, 2035
Sold Nov 01, 2017
$517,500
$414,000 by Velocio Mortgage Llc
Mortgage Due Nov 01, 2032
8417 Shoreacres Drive 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 2017 and is 7 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 8417 Shoreacres Drive has 3,691 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 6,973 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 462 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 8417 Shoreacres Drive was last sold in Oct 30, 2020 for $415,000. According to our calculations, that's $99.93 per sqft. Prior to that sales transaction, the property was sold for $517,500 in Oct 30, 2017. Current property owners are expected to pay $14,624 in taxes per year. The property on 8417 Shoreacres Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $867,620. To break that down further, the land itself was valued at $192,000. While improvements to the property were assessed at a total of $675,620. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • 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: 462
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,973
  • Total Building Area: 4,153
  • Gross Building Area: 4,272
  • Building Area: 3,691
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,691
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOUTHERN HILLS AT CRAIG RANCH PHASE 1 (C
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SOUTHERN HILLS AT CRAIG RANCH PHASE 1 (CMC), BLK M, LOT 3

Ownership

  • Current Owner : RAJARAMAN VISWANATHAN
  • Current Owner 2: VISWANATHAN SAAVITHRI
  • Previous Owner : RAJARAMAN VISWANATHAN
  • Previous Owner 2: VISWANATHAN SAAVITHRI
  • Owner Before Previous Owner: ASHTON DALLAS RESIDENTIAL LLC
  • Ownership Rights Codes: Family Living Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Frisco Independent School District
  • School Tax School District: FRISCO ISD
  • Census Tract: 030542

Geography

  • District: CMC
  • Parcel: R-10965-00M-0030-1
  • Block: M
  • Lot: 3
  • Municipality: MCKINNEY CITY
  • Latitude: 33.1337
  • Longitude: -96.7257

    Address

  • Full Address: 8417 Shoreacres Dr
  • Address - House Number: 8417
  • Address - Street Name: Shoreacres
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Mckinney
  • Carrier Code: R119
  • 4-Digit Zip Code: 5099
  • Zip Code: 75070

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,624
  • Tax Rate Code Area: SFR

    Appraisal Valuation

  • Standard Deviation: 0.2121
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 746,269
  • High Value: 904,608
  • Low Value: 587,930

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $332,000
  • First Open Lien Mortgage Lender: WINTEX GROUP LLC
  • First Open Lien Mortgage Recording Date: Nov 24, 2020
  • First Open Lien Mortgage Loan Amount: $332,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2035

    Market Valuation

  • Market Total Value: $867,620
  • Market Land Value: $192,000
  • Market Improvement Value: $675,620

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $867,620
  • Assessed Land Value: $192,000
  • Assessed Improvements Value: $675,620

    Sales

  • Current Sale Contract Date: Oct 30, 2020
  • Current Sale Recording Date: Nov 24, 2020
  • Current Sale Transaction ID: 11804478763
  • Current Sale Price: $415,000
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 20201124002096590
  • Previous Sale Recording Date: Nov 01, 2017
  • Previous Sale Contract Date: Oct 30, 2017
  • Previous Sale Amount: $517,500
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: WINTEX GROUP LLC
  • First Mortgage Transaction Date: Nov 24, 2020
  • First Mortgage Loan Amount: $332,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: VELOCIO MORTGAGE LLC
  • Previous Mortgage Transaction Date: Nov 01, 2017
  • Previous Mortgage Loan Amount: $414,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2032

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Frequently Asked Questions

What neighborhood is 8417 Shoreacres Drive located in?
The 8417 Shoreacres Drive is a located in the neighborhood of McKinney in McKinney, Mckinney.
What is the average sales price for listings in 8417 Shoreacres Drive?
The average sales price for units in 8417 Shoreacres Drive is $0 currently.

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