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8502 Falconet Circle

8502 Falconet Circle, McKinney, TX 75072
Sold Jul 28, 2020
$335,800
$343,000 by Colonial National Mortgage
Mortgage Due Aug 01, 2050
Sold Jul 11, 2018
$288,800
$231,000 by Bokf Na
Mortgage Due Aug 01, 2033
Local assessors in McKinney, TX have categorized 8502 Falconet Circle as a residential type of property. The home was built in 1995 and is 29 years old. It was most recently renovated and altered in 2005. The property's lot size has been calculated to be 8,601 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8502 Falconet Circle has a total of 2,550 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 540 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 8502 Falconet Circle was last sold in Jul 24, 2020 for $335,800. According to our calculations, that's $108.67 per sqft. Prior to that sales transaction, the property was sold for $288,800 in Jul 2, 2018. Current property owners are expected to pay $7,412 in taxes per year. The property on 8502 Falconet Circle was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $415,098. To break that down further, the land itself was valued at $126,000. While improvements to the property were assessed at a total of $398,301. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 540
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,601
  • Total Building Area: 3,090
  • Gross Building Area: 3,113
  • Building Area: 2,550
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,550
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FALCON CREEK PHASE I (CMC)
  • Land Acres: 0.198
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FALCON CREEK PHASE I (CMC), BLK A, LOT 15

Ownership

  • Current Owner : FERNANDEZ OSCAR
  • Current Owner 2: FERNANDEZ CHARLA
  • Previous Owner : SCOTT CHARLES R
  • Previous Owner 2: SCOTT PATRICIA A
  • Owner Before Previous Owner: COSENZA ENRICO
  • Owner Before Previous Owner 2: VADAUREE COSENZA CAROLINA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: McKinney Independent School District
  • School Tax School District: MCKINNEY ISD
  • Census Tract: 030525

Zoning

  • Zoning: SFR

Geography

  • Assessors Map Reference: 537-F
  • District: CMC
  • Parcel: R-3038-00A-0150-1
  • Block: A
  • Lot: 15
  • Municipality: MCKINNEY CITY
  • Latitude: 33.2029
  • Longitude: -96.7261

    Address

  • Full Address: 8502 Falconet Cir
  • Address - House Number: 8502
  • Address - Street Name: Falconet
  • Address - Suffix Type: Cir
  • State: TX
  • City Name: Mckinney
  • Carrier Code: R029
  • 4-Digit Zip Code: 5822
  • Zip Code: 75072

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,412
  • Tax Rate Code Area: SMC

    Appraisal Valuation

  • Standard Deviation: 0.2058
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 581,608
  • High Value: 701,332
  • Low Value: 461,884

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $343,000
  • First Open Lien Mortgage Lender: COLONIAL NATIONAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Jul 28, 2020
  • First Open Lien Mortgage Loan Amount: $343,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2050

    Market Valuation

  • Market Total Value: $524,301
  • Market Land Value: $126,000
  • Market Improvement Value: $398,301

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $415,098
  • Assessed Land Value: $126,000
  • Assessed Improvements Value: $398,301

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 24, 2020
  • Current Sale Recording Date: Jul 28, 2020
  • Current Sale Transaction ID: 11777117934
  • Current Sale Price: $335,800
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 20200728001186940
  • Previous Sale Recording Date: Jul 11, 2018
  • Previous Sale Contract Date: Jul 02, 2018
  • Previous Sale Amount: $288,800
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: COLONIAL NATIONAL MORTGAGE
  • First Mortgage Transaction Date: Jul 28, 2020
  • First Mortgage Loan Amount: $343,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BOKF NA
  • Previous Mortgage Transaction Date: Jul 11, 2018
  • Previous Mortgage Loan Amount: $231,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2033

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Frequently Asked Questions

What neighborhood is 8502 Falconet Circle located in?
The 8502 Falconet Circle is a house located in the neighborhood of Falcon Creek in Stonebridge Ranch, McKinney.
What is the average sales price for listings in 8502 Falconet Circle?
The average sales price for units in 8502 Falconet Circle is $0 currently.

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