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1620 Marquette Drive

1620 Marquette Drive, Richardson, TX 75081
Sold Aug 18, 1994
$114,400
$91,500 by Merit Mtg Inc
Mortgage Due Sep 01, 2024
1620 Marquette Drive has been categorized by the local assessors in Richardson, TX as a residential type of property. The building on the property was first built in 1971 and is 53 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1620 Marquette Drive has 1,954 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 720 ft. The area measurement of the land has been determined as 8,728 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 460 sqft. According to our sources, there are a total of 2 available parking spaces. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as good. 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 frame control joints. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of brick veneer. 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 and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. The building on the property is connected to a sewer system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1620 Marquette Drive sold most recently in Aug 15, 1994 for a total of $114,400. If you work out the math, that's approximately a cost of $47.39 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,592 in taxes each year. 1620 Marquette Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $376,300. If we break it down further, the land itself was valued at $60,000. Improvements to the property, however, were assessed at a total of $316,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Frame
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 460
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,728
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 720
  • Total Building Area: 2,414
  • Building Area: 1,954
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,954
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: UNIVERSITY ESTATES 1 REV
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: UNIVERSITY ESTATES 1 REV BLK 2 LOT 11 VOL94159/4359 DD081594 CO-DALLAS 2455000201100 34224550002

Ownership

  • Current Owner : DUCKETT MICHAEL A
  • Current Owner 2: DUCKETT ELENA L
  • Previous Owner : MCANDREWS JOHN T
  • Previous Owner 2: MCANDREWS CAROL J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Richardson Independent School District
  • School Tax School District: RICHARDSON ISD
  • Census Tract: 019023

Zoning

  • Zoning: Z276

Geography

  • Assessors Map Reference: 422455000201100
  • Account Number: 422455000201100
  • Subdivision Tract Number: 24550
  • Parcel: 42-24550-002-011-0000
  • Block: 2
  • Lot: 11
  • Municipality: RICHARDSON
  • Latitude: 32.9465
  • Longitude: -96.693

    Address

  • Full Address: 1620 Marquette Dr
  • Address - House Number: 1620
  • Address - Street Name: Marquette
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Richardson
  • Carrier Code: C042
  • 4-Digit Zip Code: 3808
  • Zip Code: 75081

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,592
  • Tax Rate Code Area: RS

    Appraisal Valuation

  • Standard Deviation: 0.2554
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 63
  • Final Value: 425,081
  • High Value: 533,678
  • Low Value: 316,483

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $141,500
  • First Open Lien Mortgage Lender: MERIT MTG INC
  • First Open Lien Mortgage Recording Date: Aug 18, 1994
  • First Open Lien Mortgage Loan Amount: $91,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2024
  • Second Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • Second Open Lien Mortgage Recording Date: May 03, 2018
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Feb 27, 2048

    Market Valuation

  • Market Total Value: $376,300
  • Market Land Value: $60,000
  • Market Improvement Value: $316,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $376,300
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $316,300

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 15, 1994
  • Current Sale Recording Date: Aug 18, 1994
  • Current Sale Transaction ID: 1203888121
  • Current Sale Price: $114,400
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MERIT MTG INC
  • First Mortgage Transaction Date: Aug 18, 1994
  • First Mortgage Loan Amount: $91,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Sep 01, 2024

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Frequently Asked Questions

What neighborhood is 1620 Marquette Drive located in?
The 1620 Marquette Drive is a located in the neighborhood of University Estates in Duck Creek, Richardson.
What is the average sales price for listings in 1620 Marquette Drive?
The average sales price for units in 1620 Marquette Drive is $0 currently.

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