NOT LISTED FOR SALE

425 Meadow Dr McKinney, TX 75069

Estimated Value: $388,000 - $415,000

4 Beds
2 Baths
1,672 Sq Ft
$244/Sq Ft Est. Value

Last Sold June 27, 2022

Current estimated payment $2,586/month

5 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • Ranch Style House
  • Harper Elementary School Rated A-
  • Deck
  • Granite Countertops

About This Home

As of June 2022

**Over 1 ACRE, MOVE-IN READY with POOL!!** This newly renovated 4 Bedroom, 2 Bathroom located on an oversized 1 acre lot adjacent to Corp. land and is minutes away from major shopping, dining, and entertainment. Property features a Chef inspired kitchen with new LG stainless steel smart appliances, pro series stove, a workstation sink, granite countertops, and a timeless backsplash. Bathrooms include hotel inspired showers with heightened showerheads, cast iron tubs, custom tile, modern fixtures, and high efficiency toilets. Garage has been converted into a Master Suite that features a separate bedroom, walk-in closet, living area, along with an office and features a private entry, individual AC & Heating. Interior and Exterior features top quality Kelly Moore paint. In-ground pool is ready for entertaining with new pool surface, pool pump, pool equipment, and LED lighting. Pool surface includes a 5 year transferable warranty. Updated flooring, fixtures and hardware throughout.

Last Agent to Sell the Property

Leigh Anderson

Fathom Realty LLC License #0729029 Listed on: 05/25/2022

Fathom Realty LLC

Last Buyer's Agent

Penny Martin

Funk Realty Group, LLC License #0778353

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,406

Year Built

  • Built in 1990

Lot Details

  • 1 Acre Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,672 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Decorative Lighting
  • Wood Burning Fireplace
  • Decorative Fireplace
  • Brick Fireplace
  • Living Room with Fireplace
  • Fire and Smoke Detector
  • Full Size Washer or Dryer

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • No Garage
  • Converted Garage
  • Oversized Parking
  • Driveway

Pool

  • In Ground Pool
  • Fence Around Pool
  • Pool Pump
  • Pool Sweep

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Lowe Elementary School
  • Southard Middle School
  • Princeton High School

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Settlers Creek Ph Iv Subdivision

Listing and Financial Details

  • Legal Lot and Block 13 / B
  • Assessor Parcel Number R194100201301
  • $4,371 per year unexempt tax

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,406

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Structural Style: Single Detached
  • Unit Levels: One
  • Security: Fire Alarm
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Notice Surveillance Devices Pres: None
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Special Features: None
  • Year Built: 1990

Interior Features

  • Square Footage: 1672.00
  • Windows: Skylights(s)
  • Fireplace Features: Brick, Decorative, Living Room, Wood Burning
  • Interior Amenities: Decorative Lighting, Granite Counters, Open Floorplan, Walk-In Closet(s)
  • Flooring: Carpet, Ceramic Tile
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 2
  • Room Count: 8

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Pool: Yes
  • Foundation: Slab
  • Roof: Shingle
  • Construction Materials: Brick
  • Pool Features: Fenced, In Ground, Outdoor Pool, Pool Sweep, Pump
  • Patio And Porch Features: Covered, Deck

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Window Unit(s)
  • Parking Features: Converted Garage, Driveway, No Garage, Oversized
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • Heating: Central, Electric
  • LaundryFeatures: Full Size W/D Area
  • Utilities: City Water, Septic

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Princeton ISD
  • Elementary School: Lowe
  • Middle School: Southard
  • High School: Princeton
  • School District: Princeton ISD

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 1 to < 3 Acres
  • Lot Size Units: Acres
  • Lot Size Area: 1.0000
  • Parcel Number: R194100201301
  • Lot Size Acres: 1.0000
  • Lot Size Sq Ft: 43560.0000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1990
  • SeniorCommunityYN: No

Tax Info

  • Unexempt Taxes: 4371
  • Special Taxing Entities: No
  • TaxBlock: B
  • Tax Lot: 13

MLS Schools

  • Middle School Name: Southard
  • Elementary School Name: Lowe
  • High School Name: Princeton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Jun 27, 2022
Sold by
Lynn Minchew Erica
Bought by
Gregg Scott A and Smith Jocelyn S
Seller's Agent
Leigh Anderson
Fathom Realty LLC
Buyer's Agent
Penny Martin
Funk Realty Group, LLC
List Price
$419,900
Current Estimated Value
$407,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.39%
Original Mortgage
$300,000
Outstanding Balance
$287,917
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$101,381

Purchase Details

Closed on
Oct 22, 2012
Sold by
Minchew Steven Scott and Minchew Erica Lynn
Bought by
Minchew Erica Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,500
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 1999
Sold by
Werner Gehrman and Werner Mary Ann
Bought by
Minchew Steven Scott and Minchew Erica Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,819
Interest Rate
6.83%

Purchase Details

Closed on
Dec 27, 1993
Sold by
Elsbecker Steven E and Elsbecker Mary A
Bought by
Werner Gehrmon and Werner Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,100
Interest Rate
7.12%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Gregg Scott A -- None Listed On Document
Minchew Erica Lynn -- None Available
Minchew Steven Scott -- --
Werner Gehrmon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gregg Scott A $300,000
Previous Owner Minchew Erica Lynn $71,500
Previous Owner Minchew Steven Scott $89,819
Previous Owner Werner Gehrmon $67,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2022 06/27/22 Sold -- -- --
05/30/2022 05/30/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $419,900 -- $251 / 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
2023 $4,406 $400,524 $115,000 $285,524
2022 $5,584 $301,757 $75,000 $226,757
2021 $4,371 $231,661 $65,000 $166,661
2020 $4,479 $221,662 $65,000 $156,662
2019 $4,431 $211,393 $55,000 $156,393
2018 $3,802 $179,235 $36,000 $143,235
2017 $3,661 $173,979 $36,000 $137,979
2016 $3,356 $162,499 $36,000 $126,499
2015 $2,558 $142,640 $36,000 $106,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20061861

North Texas Real Estate Information Systems (NTREIS)

APN: R-1941-002-0130-1