NOT LISTED FOR SALE

Estimated Value: $414,000 - $499,000

3 Beds
2 Baths
1,545 Sq Ft
$296/Sq Ft Est. Value

Last Sold August 20, 2019

Current estimated payment $2,980/month

11 Days on Market

Highlights

  • Craftsman Architecture
  • Deck
  • Covered Patio or Porch
  • Faubion Middle School Rated A-
  • Wood Flooring
  • 1 Car Attached Garage

About This Home

As of August 2019

WELCOME HOME! 518 Wood Street is nestled in the Historic District two blocks from the Downtown Square for dining, shopping and entertainment. Amazing cottage has three bedroom, two bath, open living, dining and kitchen floor plan, walk in pantry, covered porch off the master suite. This home has been transformed from ground up into a modern craftsman style home. Home was stripped down to studs and foundation, rebuilt per the modern 2015 IEC and 2017 IRC codes specified by the city of McKinney. A Certificate of Appropriateness was granted by the Historic Preservation Officer of McKinney. The home has been through a rigorous inspection process by the City of McKinney at every step of its construction.

Last Agent to Sell the Property

Valarie Kerby

RE/MAX Four Corners License #0566854 Listed on: 07/05/2019

RE/MAX Four Corners

Last Buyer's Agent

Courtney Whitford

Coldwell Banker Apex, REALTORS License #0580096

Coldwell Banker Apex, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,552

Year Built

  • Built in 1950

Lot Details

  • 4,792 Sq Ft Lot
  • Wood Fence
  • Aluminum or Metal Fence
  • Landscaped
  • Large Grassy Backyard
  • Historic Home

Parking

  • 1 Car Attached Garage
  • 1 Carport Space
  • Front Facing Garage
  • Side Facing Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Craftsman Architecture
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 1,545 Sq Ft Home
  • 1-Story Property
  • Sound System
  • Wired For A Flat Screen TV
  • Ceiling Fan
  • ENERGY STAR Qualified Windows
  • Wood Flooring
  • Full Size Washer or Dryer

Kitchen

  • Gas Oven
  • Built-In Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Security System Owned
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Caldwell Elementary School
  • Faubion Middle School
  • Mckinney Boyd High School

Utilities

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

Community Details

  • Mckinney Outlots Subdivision

Listing and Financial Details

  • Tax Lot 694B
  • Assessor Parcel Number R0926000694B1
  • $1,993 per year unexempt tax

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,552

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman
  • Structural Style: Historical/Conservation Dist., Single Detached
  • Unit Levels: One
  • Security: Carbon Monoxide Detector(s), Security System Owned, Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Notice Surveillance Devices Pres: Video
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Lake Pump Y N: No
  • Ratio Current Price By Building: 249.19094
  • Special Features: None
  • Year Built: 1950

Interior Features

  • Square Footage: 1545.00
  • Interior Amenities: Cable TV Available, Flat Screen Wiring, High Speed Internet Available, Sound System Wiring
  • Flooring: Wood
  • Appliances: Built-in Gas Range, Dishwasher, Disposal, Gas Oven, Microwave, Plumbed for Ice Maker
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 8

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Fencing: Metal, Wood
  • Roof: Composition
  • Soil Type: Unknown
  • Construction Materials: Wood
  • Exterior Features: Covered Patio/Porch, Rain Gutters
  • Waterfront: No
  • Patio And Porch Features: Covered, Deck

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Garage Spaces: 1
  • Carport Spaces: 1
  • Total Covered Spaces: 1
  • Parking Features: Garage, Garage Door Opener, Garage Faces Front, Garage Faces Side, Open
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Natural Gas
  • LaundryFeatures: Full Size W/D Area
  • Utilities: City Sewer, City Water, Concrete, Curbs, Individual Gas Meter, Individual Water Meter

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: McKinney ISD
  • Elementary School: Caldwell
  • Middle School: Faubion
  • High School: Mckinney Boyd
  • School District: McKinney ISD
  • Elementary School: Caldwell
  • High School: Mckinney Boyd

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Landscaped, Lrg. Backyard Grass
  • Lot Size Units: Acres
  • Lot Size Area: 0.1100
  • Parcel Number: R0926000694B1
  • Lot Size Acres: 0.1100
  • Lot Size Sq Ft: 4791.6000

Green Features

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

Building Info

  • Year Built: 1950

Tax Info

  • Unexempt Taxes: 1993
  • Tax Lot: 694B

MLS Schools

  • MiddleOrJuniorSchool: Faubion
  • Middle School Name: Faubion
  • Elementary School Name: Caldwell
  • High School Name: Mckinney Boyd

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2019
Closed on
Aug 20, 2019
Sold by
Restore Equity Partners Llc
Bought by
Blake Eric J and Blake Dawn
Seller's Agent
Valarie Kerby
RE/MAX Four Corners
Buyer's Agent
Courtney Whitford
Coldwell Banker Apex, REALTORS
List Price
$397,000
Current Estimated Value
$456,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.61%
Original Mortgage
$373,450
Outstanding Balance
$327,781
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$136,314

Purchase Details

Closed on
Mar 19, 2018
Sold by
Heb Homes Llc
Bought by
Restore Equity Partners Llc

Purchase Details

Closed on
Mar 17, 2018
Sold by
Maestas Steve R and Maestas Michelle
Bought by
Heb Homes Llc

Purchase Details

Closed on
May 28, 2004
Sold by
Private Capital Partners Lp
Bought by
Maestas Steve R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 1998
Sold by
Wade Wanda
Bought by
Vasquez David Gilbert and Vasquez Geraldine Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,543
Interest Rate
6.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 13, 1996
Sold by
Wade Tommy and Wade Investment Company
Bought by
Stephens Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
7.08%
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
Blake Eric J -- Allegiance Title
Restore Equity Partners Llc -- None Available
Heb Homes Llc -- None Available
Maestas Steve R -- --
Vasquez David Gilbert -- --
Stephens Sandra -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blake Eric J $373,450
Previous Owner Maestas Steve R $81,000
Previous Owner Vasquez David Gilbert $35,543
Previous Owner Stephens Sandra $24,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2019 08/20/19 Sold -- -- --
07/16/2019 07/16/19 Pending -- -- --
07/05/2019 07/05/19 For Sale $397,000 -- $257 / 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 $6,552 $439,713 $126,000 $342,536
2023 $6,552 $399,739 $126,000 $307,923
2022 $7,283 $363,399 $96,000 $309,851
2021 $7,016 $330,363 $60,000 $270,363
2020 $6,998 $309,617 $57,000 $252,617
2019 $2,932 $123,360 $51,000 $72,360
2018 $2,039 $83,847 $48,000 $35,847
2017 $1,990 $81,813 $45,000 $36,813
2016 $1,667 $67,165 $30,000 $37,165
2015 $1,469 $55,479 $25,200 $30,279
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14130849

North Texas Real Estate Information Systems (NTREIS)

APN: R-0926-000-694B-1