NOT LISTED FOR SALE

1601 E Fm 1417 Unit 211 Sherman, TX 75090

Estimated Value: $75,000

3 Beds
2 Baths
1,216 Sq Ft
$62/Sq Ft Est. Value

Last Sold July 26, 2022

Current estimated payment $470/month

11 Days on Market

Highlights

  • Clubhouse
  • Covered Patio or Porch
  • Eat-In Kitchen
  • Community Pool
  • Direct Access Garage
  • Interior Lot

About This Home

As of July 2022

INVESTOR SPECIAL. Home needs some TLC but great opportunity.

Last Agent to Sell the Property

Amy Jo Saenz

Pinnacle Realty Advisors License #0633732 Listed on: 07/11/2022

Pinnacle Realty Advisors

Last Buyer's Agent

Bryant Smith

Pinnacle Realty Advisors License #0744250

Pinnacle Realty Advisors

Property Details

Home Type

  • Mobile/Manufactured

Est. Annual Taxes

  • $70,734

Year Built

  • Built in 2004

Lot Details

  • Landscaped
  • Interior Lot
  • Leasehold Lot

Home Design

  • Composition Roof

Interior Spaces

  • 1,216 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Decorative Lighting

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Range

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Full Size Washer or Dryer
  • Electric Dryer Hookup

Parking

  • Direct Access Garage
  • Driveway

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Henry W Sory Elementary School
  • Piner Middle School
  • Sherman High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

Recreation

  • Community Playground
  • Community Pool

Additional Features

  • Shadow Mountain Mobile Home Park Subdivision
  • Clubhouse

Property Details

Home Type

Mobile/Manufactured

Est. Annual Taxes

$70,734

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Mobile Home
  • Architectural Style: Other
  • Structural Style: Manufactured (certificate exch)
  • Unit Levels: One
  • Restrictions: Unknown Encumbrance(s)
  • Security: Unknown
  • Year Built Details: Unknown
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Lake Pump Y N: No
  • Special Features: None
  • Year Built: 2004

Interior Features

  • Square Footage: 1216.00
  • Interior Amenities: Cable TV Available, Decorative Lighting, Eat-in Kitchen, High Speed Internet Available
  • Flooring: Carpet, Linoleum
  • Appliances: Electric Oven, Electric Range, Refrigerator
  • Basement YN: No
  • Number Of Living Areas: 1
  • Room Count: 6

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Pool: No
  • Foundation: Other
  • Community Features: Club House, Community Pool, Playground
  • Fencing: None
  • Roof: Composition
  • Construction Materials: Other
  • Exterior Features: Covered Patio/Porch, Storage
  • Waterfront: No

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Parking Features: Direct Access, Driveway
  • GarageYN: No

Utilities

  • Heating: Central, Electric
  • LaundryFeatures: Electric Dryer Hookup, In Kitchen, Full Size W/D Area
  • Utilities: Cable Available, City Sewer, City Water

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Sherman ISD

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Interior Lot, Landscaped, Leasehold, Subdivision
  • Lot Size Units: Square Feet
  • Parcel Number: 0000000000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2004
  • SeniorCommunityYN: No

MLS Schools

  • Middle School Name: Piner
  • Elementary School Name: Henry W Sory
  • High School Name: Sherman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2023
Sold by
Yes Companies Exp2 Key Llc
Bought by
Yes Shadow Mountain Llc
Current Estimated Value
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,229,427
Outstanding Balance
$1,200,207
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2016
Sold by
Yes Companies Exp2 Llc
Bought by
Yes Companies Exp2 Key Llc

Purchase Details

Closed on
Apr 4, 2013
Sold by
Arc Communities 15 Llc
Bought by
Yes Companies Exp2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2004
Sold by
Arc Iii Llc
Bought by
Arc Communities 15 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,156,000
Interest Rate
5.67%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Yes Shadow Mountain Llc -- First American Title
Yes Companies Exp2 Key Llc -- None Available
Yes Companies Exp2 Llc -- Multiple
Yes Companies Exp2 Llc -- Multiple
Arc Communities 15 Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yes Shadow Mountain Llc $1,229,427
Previous Owner Yes Companies Exp2 Llc $50,000
Previous Owner Arc Communities 15 Llc $25,156,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2022 07/26/22 Sold -- -- --
07/11/2022 07/11/22 For Sale $40,000 -- $33 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $70,734 $3,228,934 $2,494,231 $734,703
2024 $70,734 $3,225,000 $2,168,896 $1,056,104
2023 $56,328 $2,565,526 $2,169,288 $396,238
2022 $54,122 $2,309,343 $867,715 $1,441,628
2021 $51,743 $2,064,381 $428,479 $1,635,902
2020 $36,755 $1,400,465 $299,049 $1,101,416
2019 $39,708 $1,473,138 $249,332 $1,223,806
2018 $36,959 $1,473,138 $249,332 $1,223,806
2017 $30,965 $1,243,908 $174,466 $1,069,442
2016 $28,901 $1,161,000 $174,466 $986,534
2015 $28,843 $1,161,000 $174,466 $986,534
2014 $27,292 $1,098,552 $174,466 $924,086
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20111144

North Texas Real Estate Information Systems (NTREIS)

APN: 125389