S
Seller's Agent in 2023
Summer Graham
Compass RE Texas, LLC
(972) 900-7409
1 in this area
156 Total Sales
518 Summit Dr Richardson, TX 75081
Highland Terrace NeighborhoodEstimated Value: $392,000 - $475,000
3
Beds
2
Baths
1,592
Sq Ft
$268/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Ranch Style House
- Granite Countertops
- Deck
- Wood Flooring
- Lawn
About This Home
As of August 2023Absolutely adorable - rare find! Updated home with wonderful detached office or flex space! This 3 bed 2 bath has an excellent open floor plan with great flow - ready for it's next family! Hardwood floors throughout kitchen, dining, living and one bedroom. Lots of kitchen storage, granite counters, neutral colors throughout, stainless steel appliances. Off the dining, custom french doors open to the huge backyard and tree-shaded, custom deck with built-in seating. Detached, tiny house, designed for function & comfort. Use as office, art studio or extra living space. Parks and playgrounds nearby. Detached tiny house not included in sq. footage and has it's own access code.
Last Agent to Sell the Property
Compass RE Texas, LLC License #0690663 Listed on: 07/28/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,155
Year Built
- Built in 1961
Lot Details
- 9,453 Sq Ft Lot
- Wood Fence
- Interior Lot
- Few Trees
- Lawn
- Back Yard
Parking
- 2 Car Attached Garage
- Front Facing Garage
Home Design
- Ranch Style House
- Traditional Architecture
- Brick Exterior Construction
- Pillar, Post or Pier Foundation
- Composition Roof
Interior Spaces
- 1,592 Sq Ft Home
- Open Floorplan
- Decorative Lighting
- Wood Flooring
Kitchen
- Eat-In Kitchen
- Gas Range
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Deck
Schools
- Richardson Terrace Elementary School
- Berkner High School
Utilities
- Central Heating and Cooling System
- High Speed Internet
- Cable TV Available
Community Details
- Highland Estates Subdivision
Listing and Financial Details
- Legal Lot and Block 5 / Q
- Assessor Parcel Number 42093500170050000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 28, 2023
Closed on
Aug 30, 2023
Sold by
South Colin Scott and South Sarah Catherine
Bought by
Strand Emmanuel J and Strand Vivi Vu
Seller's Agent
Summer Graham
Compass RE Texas, LLC
Buyer's Agent
John Killian
Rendon Realty, LLC
List Price
$450,000
Views
72
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.28%
Original Mortgage
$382,500
Outstanding Balance
$374,110
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$52,821
Purchase Details
Closed on
May 4, 2020
Sold by
Griffith Michael T and Griffith Gentry T
Bought by
South Colin Scott and South Sarah Cathrine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 3, 2016
Sold by
L & L Huggins Real Estate Investments Inc
Bought by
Griffith Michael T and Griffith Gentry T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
3.81%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 16, 2015
Sold by
Hudson Amy Kathleen
Bought by
L & L Huggins Real Estate Investments Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Strand Emmanuel J | -- | Capital Title | |
| South Colin Scott | -- | Capital Title | |
| Griffith Michael T | -- | Nationwide Title Clearing In | |
| L & L Huggins Real Estate Investments Inc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Strand Emmanuel J | $382,500 | |
| Previous Owner | South Colin Scott | $323,000 | |
| Previous Owner | Griffith Michael T | $247,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/31/2023 08/31/23 | Sold | -- | -- | -- |
| 08/08/2023 08/08/23 | Pending | -- | -- | -- |
| 08/03/2023 08/03/23 | For Sale | $450,000 | -- | $283 / Sq Ft |
Source: North Texas Real Estate Information Systems (NTREIS)
Tax History Compared to Growth
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 | $7,678 | $447,370 | $150,000 | $297,370 |
| 2024 | $7,678 | $447,370 | $150,000 | $297,370 |
| 2023 | $7,678 | $374,420 | $95,000 | $279,420 |
| 2022 | $9,155 | $374,420 | $95,000 | $279,420 |
| 2021 | $8,285 | $315,930 | $65,000 | $250,930 |
| 2020 | $8,434 | $315,930 | $65,000 | $250,930 |
| 2019 | $8,017 | $286,140 | $55,000 | $231,140 |
| 2018 | $3,125 | $301,450 | $0 | $0 |
| 2017 | $6,593 | $246,940 | $40,000 | $206,940 |
| 2016 | $6,373 | $238,690 | $32,000 | $206,690 |
| 2015 | $988 | $144,460 | $32,000 | $112,460 |
| 2014 | $988 | $135,320 | $32,000 | $103,320 |
Source: Public Records
Agents Affiliated with this Home
-
Summer Graham
-
John Killian
J
Buyer's Agent in 2023
John Killian
Rendon Realty, LLC
(972) 741-7176
1 in this area
11 Total Sales
Map
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20393515
APN: 42093500170050000
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.
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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