NOT LISTED FOR SALE

2601 Preston Rd Unit 2202 Plano, TX 75093

Willow Bend Neighborhood

Estimated Value: $278,750 - $307,000

2 Beds
2 Baths
1,220 Sq Ft
1,655 Sq Ft Lot

Last Sold June 01, 2021

Current estimated payment $1,986/month

Highlights

  • Gated Community
  • Community Pool
  • 1 Car Attached Garage
  • Centennial Elementary School Rated A
  • Balcony
  • Home Security System

About This Home

As of July 2021

LOCATION, LOCATION, LOCATION within walking distance to dining and shopping; Trader Joe's, Whole Foods and shopping. Beautiful well maintained 2nd floor condo in Gated community of Marquis at Preston Tulane. It offers 2 bedrooms and 2 baths with attached one car garage. Spacious living room with brand new hardwood flooring in common area, fresh paint and crown molding throughout. The kitchen has Granite countertop, refrigerator stays with the unit. Carpet installed in 2020. Water heater replaced in 2018, HVAC replaced in 2017.

Last Agent to Rent the Property

Vijaya Kollapaneni

Meru Realty, LLC License #0750300 Listed on: 06/03/2021

Last Renter's Agent

Vijaya Kollapaneni

Meru Realty, LLC License #0750300 Listed on: 06/03/2021

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,301

Year Built

  • Built in 1995

Lot Details

  • 1,655

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Stucco

Interior Spaces

  • 1,220 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Home Security System

Kitchen

  • Convection Oven
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Centennial Elementary School
  • Renner Middle School
  • Shepton High School

Utilities

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

Additional Features

  • Balcony
  • Fenced

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,750
  • Tenant pays for all utilities
  • $45 Application Fee
  • Assessor Parcel Number R887500022021

Community Details

Overview

  • Algonquin Property Management HOA, Phone Number (972) 978-8268
  • Marquis At Preston Tulane Condo Subdivision
  • Mandatory Home Owners Association

Recreation

  • Community Pool

Security

  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,301

Year Built

Built in 1995

Lot Details

0

Parking

1

Rental Info

  • Deposit Amount: 1750
  • Lease Conditions: Application Fee, Credit Report, Other
  • Lease Type: 1 Year Plus
  • Tenant Pays: All Utilities
  • Application Fee: 45

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Structural Style: Condo/Townhome
  • Unit Levels: Two
  • Restrictions: Other
  • Security: Security System
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 1.43443
  • Special Features: None
  • Year Built: 1995

Interior Features

  • Square Footage: 1220.00
  • Fireplace Features: Wood Burning
  • Interior Amenities: Cable TV Available, High Speed Internet Available
  • Appliances: Convection Oven, Dishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 5
  • Appliances: Yes

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Pool: No
  • Community Features: Community Pool, Gated
  • Fencing: Fenced
  • Construction Materials: Stucco
  • Exterior Features: Balcony

Garage/Parking

  • Cooling System: Central Air, Electric
  • Garage Spaces: 1
  • Total Covered Spaces: 1
  • Parking Features: Covered, Garage Door Opener
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric
  • Utilities: City Sewer, City Water, Other

Condo/Co-op/Association

  • Association Type: Mandatory
  • Hoa Management Company: Algonquin Property Management
  • HOA Management Company: 972-978-8268

Schools

  • School District: Plano ISD
  • Elementary School: Centennial
  • Middle School: Renner
  • High School: Shepton
  • School District: Plano ISD
  • Elementary School: Centennial
  • High School: Shepton

Lot Info

  • PropertyAttachedYN: No
  • Lot Size Units: Acres
  • Lot Size Area: 0.0380
  • Parcel Number: R887500022021
  • Lot Size Acres: 0.0380
  • Lot Size Sq Ft: 1655.2800

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1995

MLS Schools

  • MiddleOrJuniorSchool: Renner
  • Middle School Name: Renner
  • Elementary School Name: Centennial
  • High School Name: Shepton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Jun 1, 2021
Sold by
Li Chun and Li Terry
Bought by
Bommaraju Jagadesh
Seller's Agent
Vijaya Kollapaneni
Meru Realty, LLC
Buyer's Agent
Vijaya Kollapaneni
Meru Realty, LLC
Current Estimated Value
$294,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%
Original Mortgage
$169,125
Outstanding Balance
$153,122
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$141,316

Purchase Details

Closed on
Nov 30, 2015
Sold by
Li Chun
Bought by
Li Terry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,250
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2009
Sold by
Morgan Steven M and Morgan Alyssa
Bought by
Li Chun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
5.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 2007
Sold by
Tulane Partners Lp
Bought by
Morgan Steven M and Morgan Alyssa
Source: Public Records

Range of Values:

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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
Bommaraju Jagadesh -- Old Republic Title
Li Terry -- Sendera Title
Li Chun -- None Available
Morgan Steven M -- Capital Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bommaraju Jagadesh $169,125
Previous Owner Li Terry $104,250
Previous Owner Li Chun $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2021 07/01/21 Rented $1,750 0.0% --
06/22/2021 06/22/21 Under Contract -- -- --
06/03/2021 06/03/21 For Rent $1,750 0.0% --
06/01/2021 06/01/21 Sold -- -- -- View Prior Sale
02/05/2021 02/05/21 Pending -- -- --
01/24/2021 01/24/21 Price Changed $225,000 -3.2% $184 / Sq Ft
01/18/2021 01/18/21 Price Changed $232,500 -1.0% $191 / Sq Ft
09/01/2020 09/01/20 Price Changed $234,900 -2.1% $193 / Sq Ft
08/26/2020 08/26/20 Price Changed $239,900 -2.0% $197 / Sq Ft
08/17/2020 08/17/20 Price Changed $244,900 -1.6% $201 / Sq Ft
08/07/2020 08/07/20 For Sale $249,000 -- $204 / 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 $5,301 $290,713 $105,168 $185,545
2024 $5,301 $313,536 $80,400 $233,136
2023 $5,301 $287,330 $60,000 $227,330
2022 $4,883 $255,500 $60,000 $195,500
2021 $4,634 $229,798 $50,000 $179,798
2020 $4,415 $216,240 $50,000 $166,240
2019 $4,719 $218,319 $50,000 $168,319
2018 $4,527 $207,692 $50,000 $157,692
2017 $4,115 $188,787 $40,000 $148,787
2016 $3,868 $175,239 $40,000 $135,239
2015 $2,424 $149,951 $32,000 $117,951
Source: Public Records

Agents Affiliated with this Home

  • V

    Landlord's Agent in 2021

    Vijaya Kollapaneni

    Meru Realty, LLC

    (818) 325-9576

    1 in this area

    200 Total Sales

    Vijaya Kollapaneni
    Section Image
  • Nunu King

    Seller's Agent in 2021

    Nunu King

    Berkshire HathawayHS PenFed TX

    (469) 767-1262

    1 in this area

    39 Total Sales

    Nunu King
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14592786

North Texas Real Estate Information Systems (NTREIS)

APN: R-8875-000-2202-1

Texas Collin County Plano 75093 Willow Bend

2601 Preston Rd Unit 2202, Plano, TX

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