NOT LISTED FOR SALE

505 Park Ln Richardson, TX 75081

Highland Terrace Neighborhood

Estimated Value: $513,000 - $577,000

4 Beds
3 Baths
2,754 Sq Ft
$193/Sq Ft Est. Value

Last Sold June 07, 2021

Current estimated payment $3,745/month

5 Days on Market

Highlights

  • Marble Flooring
  • Corner Lot
  • Double Oven
  • Traditional Architecture
  • Covered Patio or Porch
  • 2 Car Attached Garage

About This Home

As of June 2021

This Beautiful Home in Richardson's well established Highland Estates neighborhood sits on a large oversized corner lot. Four bedrooms, three full bath, game room and Sun room are great for entertaining. New carpet in Master Bedroom, stairs and top floor. Recently replaced Water Heaters, Roof, and HVAC. The open kitchen with double ovens and granite counter tops is great for home cooked meals. The kitchen bay windows is a great place to enjoy your morning coffee and scenic view of the backyard. Imagine a pool back there! Three living spaces, two car garage and covered carport can easily fit four cars. This home is centrally located and close to the downtown area. A must see that won't last long.

Last Agent to Sell the Property

Kelley Adams

Coldwell Banker Apex, REALTORS License #0705581 Listed on: 05/03/2021

Coldwell Banker Apex, REALTORS

Co-Listed By

Sue Hollenbeck

Ebby Halliday, REALTORS License #0553362

Last Buyer's Agent

Kevin Caskey

United Real Estate License #0502321

United Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,251

Year Built

  • Built in 1967

Lot Details

  • 0.3 Acre Lot
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Sprinkler System
  • Few Trees
  • Large Grassy Backyard

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 2,754 Sq Ft Home
  • 2-Story Property
  • Paneling
  • Wood Burning Fireplace
  • Brick Fireplace
  • ENERGY STAR Qualified Windows
  • Window Treatments
  • Bay Window

Kitchen

  • Double Oven
  • Electric Oven
  • Electric Cooktop
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Brick or Adobe
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Full Size Washer or Dryer
  • Laundry Chute
  • Washer and Gas Dryer Hookup

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Richardson Terrace Elementary School
  • Apollo Middle School
  • Berkner High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Gas Water Heater
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Community Details

  • Highland Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 26 / J
  • Assessor Parcel Number 42092500100260000

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,251

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structural Style: Single Detached
  • Unit Levels: Two
  • Year Built Details: Preowned
  • 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
  • Ratio Current Price By Building: 146.69572
  • Special Features: None
  • Year Built: 1967

Interior Features

  • Square Footage: 2754.00
  • Windows: Bay Window(s), Window Coverings
  • Fireplace Features: Brick, Wood Burning
  • Interior Amenities: Cable TV Available, High Speed Internet Available, Paneling
  • Flooring: Brick/Adobe, Carpet, Ceramic Tile, Marble
  • Appliances: Dishwasher, Disposal, Double Oven, Electric Cooktop, Electric Oven, Electric Range, Plumbed for Ice Maker, Gas Water Heater
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 3
  • Other Equipment: Satellite Dish
  • Room Count: 15

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Fencing: Wood
  • Roof: Composition
  • Soil Type: Black
  • Construction Materials: Brick
  • Exterior Features: Covered Patio/Porch, Storage
  • Waterfront: No
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Central Air, Electric
  • Garage Spaces: 2
  • Carport Spaces: 2
  • Total Covered Spaces: 4
  • Parking Features: Garage Door Opener, Other
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Natural Gas
  • LaundryFeatures: Full Size W/D Area, Gas Dryer Hookup, Laundry Chute, Washer Hookup
  • Utilities: City Sewer, City Water, Curbs, Individual Gas Meter, Individual Water Meter

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Richardson ISD
  • Elementary School: Richardson Terrace
  • High School: Berkner
  • School District: Richardson ISD
  • Elementary School: Richardson Terrace
  • Junior High School: Apollo
  • High School: Berkner

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Corner Lot, Few Trees, Landscaped, Lrg. Backyard Grass, Sprinkler System, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 0.3030
  • Parcel Number: 42092500100260000
  • Lot Size Acres: 0.3030
  • Lot Size Sq Ft: 13198.6800

Green Features

  • Efficiency: Thermostat, Windows
  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1967
  • SeniorCommunityYN: No

Tax Info

  • TaxBlock: J
  • Tax Lot: 26

MLS Schools

  • MiddleOrJuniorSchool: Apollo
  • Elementary School Name: Richardson Terrace
  • High School Name: Berkner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2021
Closed on
Jun 7, 2021
Sold by
Klein Pamala H and Estate Of Madora P Hilton
Bought by
Page Elise Suzanne and Page Ronald Terry
Seller's Agent
Kelley Adams
Coldwell Banker Apex, REALTORS
Buyer's Agent
Kevin Caskey
United Real Estate
List Price
$385,000
Current Estimated Value
$531,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%
Original Mortgage
$323,200
Outstanding Balance
$293,254
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$220,451
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
Page Elise Suzanne -- Texas Premier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Page Elise Suzanne $323,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2021 06/07/21 Sold -- -- --
05/08/2021 05/08/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $385,000 -- $140 / 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 $10,251 $486,160 $135,000 $351,160
2024 $10,251 $486,160 $135,000 $351,160
2023 $10,251 $391,780 $85,500 $306,280
2022 $9,580 $391,780 $85,500 $306,280
2021 $8,553 $326,150 $58,500 $267,650
2020 $8,707 $326,150 $58,500 $267,650
2019 $8,473 $302,430 $49,500 $252,930
2018 $8,081 $302,430 $49,500 $252,930
2017 $7,071 $264,840 $36,000 $228,840
2016 $5,271 $197,420 $28,800 $168,620
2015 $2,264 $189,730 $28,800 $160,930
2014 $2,264 $189,730 $28,800 $160,930
Source: Public Records

Agents Affiliated with this Home

  • Kelley Adams

    Seller's Agent in 2021

    Kelley Adams

    Coldwell Banker Apex, REALTORS

    (469) 307-7011

    1 in this area

    18 Total Sales

    Kelley Adams
    Section Image
  • Sue Hollenbeck

    Seller Co-Listing Agent in 2021

    Sue Hollenbeck

    Ebby Halliday

    (210) 602-8888

    1 in this area

    21 Total Sales

    Sue Hollenbeck
    Section Image

  • K

    Buyer's Agent in 2021

    Kevin Caskey

    United Real Estate

    (214) 649-8440

    1 in this area

    44 Total Sales

    Kevin Caskey
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14567982

North Texas Real Estate Information Systems (NTREIS)

APN: 42092500100260000

Texas Dallas County Richardson 75081 Highland Terrace

505 Park Ln, Richardson, TX

This home is located at 505 Park Ln, Richardson, TX 75081 since 03 May 2021 and is currently estimated at $531,666, approximately $193 per square foot. This property was built in 1967. 505 Park Ln is a home located in Dallas County with nearby schools including Richardson Terrace Elementary School, Apollo Junior High School, and Berkner High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

North Texas Real Estate Information Systems (NTREIS) Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved

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