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9404 Penny Lane

9404 Penny Lane, Irving, TX 75063
Sold Oct 20, 2017
$308,800
$324,000 by Flagstar Bank Fsb
Mortgage Due Jul 01, 2052
Sold Aug 05, 2010
$165,800
$163,600 by Metlife Home Loans
Mortgage Due Sep 01, 2040
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Local assessors in Irving, TX have categorized 9404 Penny Lane as a residential type of property. The home was built in 1987 and is 37 years old. The property's lot size has been calculated to be 4,320 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 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 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 9404 Penny Lane has a total of 1,649 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. The home sources its water from a municipal system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. 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 504 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is excellent. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a hip style roof that was made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. 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, 9404 Penny Lane was last sold in Oct 17, 2017 for $308,800. According to our calculations, that's $143.43 per sqft. Prior to that sales transaction, the property was sold for $165,800 in Jul 30, 2010. Current property owners are expected to pay $6,553 in taxes per year. The property on 9404 Penny Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $401,470. To break that down further, the land itself was valued at $70,000. While improvements to the property were assessed at a total of $331,470. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Excellent
  • Construction Type: Frame
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 504
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,320
  • Total Building Area: 2,153
  • Building Area: 1,649
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,649
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MANDOLIN COLLECTION
  • Land Acres: 0.099
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MANDOLIN COLLECTION LOT 3 ACS 0.0991 INT201700298526 DD10172017 CO-DC 5596700000300 2CI55967000

Ownership

  • Current Owner : CHO MIN GUNG
  • Previous Owner : BOSWELL STEPHEN E
  • Owner Before Previous Owner: WADE CLAIRE I
  • Owner Before Previous Owner 2: WADE JACOB T
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Coppell Independent School District
  • School Tax School District: COPPELL ISD
  • Census Tract: 014128

Zoning

  • Zoning: Z243

Geography

  • Assessors Map Reference: 325596700000300
  • Account Number: 325596700000300
  • Parcel: 32-55967-000-003-0000
  • Lot: 3
  • Municipality: IRVING
  • Latitude: 32.9334
  • Longitude: -96.9557

    Address

  • Full Address: 9404 Penny Ln
  • Address - House Number: 9404
  • Address - Street Name: Penny
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Irving
  • Carrier Code: C061
  • 4-Digit Zip Code: 4682
  • Zip Code: 75063

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,553
  • Tax Rate Code Area: OS

    Appraisal Valuation

  • Standard Deviation: 0.2182
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 70
  • Final Value: 457,973
  • High Value: 557,941
  • Low Value: 358,006

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $324,000
  • First Open Lien Mortgage Lender: FLAGSTAR BANK FSB
  • First Open Lien Mortgage Recording Date: Jun 23, 2022
  • First Open Lien Mortgage Loan Amount: $324,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2052

    Market Valuation

  • Market Total Value: $401,470
  • Market Land Value: $70,000
  • Market Improvement Value: $331,470

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $401,470
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $331,470

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 17, 2017
  • Current Sale Recording Date: Oct 20, 2017
  • Current Sale Transaction ID: 1397938867
  • Current Sale Price: $308,800
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 201700298526
  • Previous Sale Recording Date: Aug 05, 2010
  • Previous Sale Contract Date: Jul 30, 2010
  • Previous Sale Amount: $165,800
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: NMSI INC
  • First Mortgage Transaction Date: Oct 20, 2017
  • First Mortgage Loan Amount: $247,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: METLIFE HOME LOANS
  • Previous Mortgage Transaction Date: Aug 05, 2010
  • Previous Mortgage Loan Amount: $163,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2040

About Valley Ranch



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Frequently Asked Questions

What neighborhood is 9404 Penny Lane located in?
The 9404 Penny Lane is a house located in the neighborhood of Mandolin Collection in Valley Ranch, Irving.
What is the average sales price for listings in 9404 Penny Lane?
The average sales price for units in 9404 Penny Lane is $0 currently.

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