NOT LISTED FOR SALE

506 Patterson Dr Mansfield, TX 76063

Downtown Mansfield Neighborhood

Estimated Value: $198,603 - $288,000

3 Beds
1 Bath
927 Sq Ft
$265/Sq Ft Est. Value

Last Sold September 10, 2018

Current estimated payment $1,646/month

14 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • 1-Story Property
  • Annette Perry Elementary School Rated A-
  • Attached Garage
  • Central Heating and Cooling System

About This Home

As of September 2018

Investor special! Quaint 3 bedroom, 1 bath home is located near historic downtown Mansfield. Located in established neighborhood lined with trees, this home is near local entertainment and restaurants. Home needs some TLC to make it shine. Would make great rental property or starter home.

Last Agent to Sell the Property

Lia Karanian

Century 21 Mike Bowman, Inc. License #0558045 Listed on: 08/16/2018

Century 21 Mike Bowman, Inc.

Last Buyer's Agent

Stuart Denyer

New Western License #0569628

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,686

Year Built

  • Built in 1956

Lot Details

  • 10,019 Sq Ft Lot
  • Chain Link Fence
  • Few Trees
  • Large Grassy Backyard

Home Design

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

Interior Spaces

  • 927 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Washer Hookup

Kitchen

  • Built-In Gas Range
  • Plumbed For Ice Maker

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Attached Garage
  • 1 Carport Space

Schools

  • Ponder Elementary School
  • Worley Middle School
  • Della Icenhower Middle School
  • Legacy High School

Utilities

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

Community Details

  • Patterson Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 35 / 2
  • Assessor Parcel Number 02175452
  • $1,372 per year unexempt tax

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,686

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structural Style: Single Detached
  • Unit Levels: One
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: Subdivided
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 91.69364
  • Special Features: None
  • Year Built: 1956

Interior Features

  • Square Footage: 927.00
  • Interior Amenities: Cable TV Available, High Speed Internet Available
  • Flooring: Wood
  • Appliances: Built-in Gas Range, Plumbed for Ice Maker
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 6

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Fencing: Chain Link
  • Roof: Composition
  • Soil Type: Black
  • Construction Materials: Brick

Garage/Parking

  • Cooling System: Central Air, Electric
  • Carport Spaces: 1
  • Total Covered Spaces: 1
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric
  • LaundryFeatures: Washer Hookup
  • Utilities: City Sewer, City Water, Curbs

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Mansfield ISD
  • Elementary School: Ponder
  • Middle School: Worley
  • High School: Legacy
  • School District: Mansfield ISD
  • Elementary School: Ponder
  • Intermediate School: Della Icenhower
  • High School: Legacy

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Few Trees, Lrg. Backyard Grass, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 0.2300
  • Parcel Number: 02175452
  • Lot Size Acres: 0.2300
  • Lot Size Sq Ft: 10018.8000

Building Info

  • Year Built: 1956

Tax Info

  • Unexempt Taxes: 1372
  • TaxBlock: 2
  • Tax Lot: 35

MLS Schools

  • MiddleOrJuniorSchool: Worley
  • Middle School Name: Worley
  • Elementary School Name: Ponder
  • High School Name: Legacy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2018
Closed on
Sep 10, 2018
Sold by
Eldredge Investment Properties Llc
Bought by
Ska Properties Llc
Seller's Agent
Lia Karanian
Century 21 Mike Bowman, Inc.
Buyer's Agent
Stuart Denyer
New Western
List Price
$121,400
Current Estimated Value
$245,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.08%
Original Mortgage
$108,800
Outstanding Balance
$96,780
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$155,249

Purchase Details

Closed on
Mar 17, 2014
Sold by
Clark Rex A and Clark Smith Alison A
Bought by
Eldredge Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,150
Interest Rate
4.27%
Mortgage Type
New Conventional
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
Ska Properties Llc -- Capital Title
Landry Tanner -- None Available
Eldredge Investment Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landry Tanner $108,800
Closed Landry Tanner $100,000
Previous Owner Eldredge Investment Properties Llc $51,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2018 09/10/18 Sold -- -- --
08/30/2018 08/30/18 Pending -- -- --
08/16/2018 08/16/18 For Sale $121,400 -- $131 / 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
2024 $3,686 $162,073 $30,000 $132,073
2023 $3,771 $163,252 $30,000 $133,252
2022 $3,758 $144,926 $20,000 $124,926
2021 $1,810 $66,411 $20,000 $46,411
2020 $1,832 $66,411 $20,000 $46,411
2019 $1,889 $66,411 $20,000 $46,411
2018 $1,676 $58,914 $20,000 $38,914
2017 $1,367 $48,012 $20,000 $28,012
2016 $1,480 $52,008 $20,000 $32,008
2015 $858 $24,962 $5,000 $19,962
2014 $858 $29,800 $5,000 $24,800
Source: Public Records

Agents Affiliated with this Home

  • Lia Karanian

    Seller's Agent in 2018

    Lia Karanian

    Century 21 Mike Bowman, Inc.

    (817) 328-2518

    55 Total Sales

    Lia Karanian
    Section Image

  • S

    Buyer's Agent in 2018

    Stuart Denyer

    New Western

    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 13915760

North Texas Real Estate Information Systems (NTREIS)

APN: 02175452

Texas Tarrant County Mansfield 76063 Downtown Mansfield

506 Patterson Dr, Mansfield, TX

This home is located at 506 Patterson Dr, Mansfield, TX 76063 since 16 August 2018 and is currently estimated at $245,651, approximately $264 per square foot. This property was built in 1956. 506 Patterson Dr is a home located in Tarrant County with nearby schools including Annette Perry Elementary School, Mary Orr Intermediate School, and Rogene Worley Middle School.

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