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5881 Wellington Lane

5881 Wellington Lane, Frisco, TX 75033
Sold Apr 23, 2015
$411,000
$328,800 by Aimbank
Mortgage Due May 01, 2045
Sold Feb 01, 2006
$257,900
$254,500 by Blue Star Financial Inc
Mortgage Due Feb 01, 2036
5881 Wellington Lane has been categorized by the local assessors in Frisco, TX as a residential type of property. The building on the property was first built in 2005 and is 19 years old. The home has a total of 10 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, 5881 Wellington Lane has 3,749 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 9,881 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 622 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. 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. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. 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, 5881 Wellington Lane was last sold in Apr 22, 2015 for $411,000. According to our calculations, that's $94.03 per sqft. Prior to that sales transaction, the property was sold for $257,900 in Jan 30, 2006. Current property owners are expected to pay $10,000 in taxes per year. The property on 5881 Wellington Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $591,606. To break that down further, the land itself was valued at $183,750. While improvements to the property were assessed at a total of $554,909. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • 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: 622
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 9,881
  • Total Building Area: 4,371
  • Gross Building Area: 4,548
  • Building Area: 3,749
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,749
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ESTATES AT COBB HILL PHASE 1 (CFR)
  • Land Acres: 0.227
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ESTATES AT COBB HILL PHASE 1 (CFR), BLK L, LOT 10

Ownership

  • Current Owner : QUINN CHARLES D
  • Current Owner 2: QUINN KIMBRA D
  • Previous Owner : MCDONALD COLLIN M
  • Previous Owner 2: ESTATE OF SHARON ANN MCDONALD
  • Owner Before Previous Owner: HIGHLAND HOMES LTD
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Frisco Independent School District
  • School Tax School District: FRISCO ISD
  • Census Tract: 030519

Geography

  • Assessors Map Reference: 534-Q
  • District: CFR
  • Parcel: R-8756-00L-0100-1
  • Block: L
  • Lot: 10
  • Municipality: FRISCO CITY
  • Latitude: 33.1845
  • Longitude: -96.8342

    Address

  • Full Address: 5881 Wellington Ln
  • Address - House Number: 5881
  • Address - Street Name: Wellington
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Frisco
  • Carrier Code: R069
  • 4-Digit Zip Code: 2296
  • Zip Code: 75033

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,000
  • Tax Rate Code Area: SFR

    Appraisal Valuation

  • Standard Deviation: 0.2085
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 745,812
  • High Value: 901,385
  • Low Value: 590,238

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $328,800
  • First Open Lien Mortgage Lender: AIMBANK
  • First Open Lien Mortgage Recording Date: Apr 23, 2015
  • First Open Lien Mortgage Loan Amount: $328,800
  • 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: May 01, 2045

    Market Valuation

  • Market Total Value: $738,659
  • Market Land Value: $183,750
  • Market Improvement Value: $554,909

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $591,606
  • Assessed Land Value: $183,750
  • Assessed Improvements Value: $554,909

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 22, 2015
  • Current Sale Recording Date: Apr 23, 2015
  • Current Sale Transaction ID: 1219351400
  • Current Sale Price: $411,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20150423000458440
  • Previous Sale Recording Date: Feb 01, 2006
  • Previous Sale Contract Date: Jan 30, 2006
  • Previous Sale Amount: $257,900
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: AIMBANK
  • First Mortgage Transaction Date: Apr 23, 2015
  • First Mortgage Loan Amount: $328,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: BLUE STAR FINANCIAL INC
  • Previous Mortgage Transaction Date: Feb 01, 2006
  • Previous Mortgage Loan Amount: $254,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Feb 01, 2036

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Frequently Asked Questions

What neighborhood is 5881 Wellington Lane located in?
The 5881 Wellington Lane is a located in the neighborhood of Estates at Cobb Hill in Estates at Cobb Hill, Frisco.
What is the average sales price for listings in 5881 Wellington Lane?
The average sales price for units in 5881 Wellington Lane is $0 currently.

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