NOT LISTED FOR SALE

701 Parkplace Ridge Princeton, TX 75407

Estimated Value: $411,000 - $595,000

6 Beds
6 Baths
2,878 Sq Ft
$167/Sq Ft Est. Value

Last Sold August 11, 2023

Current estimated payment $3,356/month

17 Days on Market

Highlights

  • Open Floorplan
  • Cul-De-Sac
  • Interior Lot
  • Covered Patio or Porch
  • 2 Car Attached Garage
  • Ceramic Tile Flooring

About This Home

As of August 2023

Wonderful investment opportunity! Two gorgeous townhouses with open floor plan which flows from kitchen to breakfast room to living room. Great for entertaining family and friends. Sliding glass door leads to private fenced in back yard. Powder room on the first floor. Three bedrooms located on the second floor with two more full baths. Owner’s retreat has an ensuite. Turn key investment as tenants are already in place. There are separate meters for the water and electric. Tenants pay all utilities and do their own lawn care. Close to schools, shopping and easy access to highway 380

Last Agent to Sell the Property

Mike Ripperger

Keller Williams NO. Collin Cty Brokerage Phone: 972-562-8883 License #0430227 Listed on: 07/07/2023

Keller Williams NO. Collin Cty

Last Buyer's Agent

Sri Sadam

Keller Williams Realty-FM License #0778014

Keller Williams Realty-FM

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,821

Year Built

  • Built in 2008

Lot Details

  • 9,714 Sq Ft Lot
  • Cul-De-Sac
  • Wood Fence
  • Landscaped
  • Interior Lot
  • Few Trees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wired For A Flat Screen TV
  • Ceiling Fan
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Godwin Elementary School
  • Clark Middle School
  • Huddleston Middle School
  • Princeton High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 2 Units
  • 2,878 Sq Ft Building
  • Parkview Heights Subdivision

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number R908800004301
  • $8,166 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,821

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: Two
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 38667
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 159.13829
  • Attribution Contact: 972-562-8883
  • Special Features: None
  • Year Built: 2008

Interior Features

  • Interior Amenities: Cable TV Available, Flat Screen Wiring, Open Floorplan
  • Flooring: Carpet, Ceramic Tile
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 6

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Brick, Rock/Stone, Wood
  • Exterior Features: Covered Patio/Porch
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Number Of Parking Spaces: 2
  • Parking Features: Driveway, Garage Faces Front
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric
  • Utilities: City Sewer, City Water, Concrete, Curbs, Individual Water Meter, Sidewalk

Condo/Co-op/Association

  • Complex Name: Parkview Heights
  • Association Type: None

Schools

  • School District: Princeton ISD
  • Elementary School: Godwin
  • Middle School: Clark
  • High School: Princeton
  • School District: Princeton ISD
  • Elementary School: Godwin
  • Intermediate School: Huddleston

Lot Info

  • Lot Features: Cul-De-Sac, Few Trees, Interior Lot, Landscaped, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 0.2230
  • Parcel Number: R908800004301
  • Lot Size Acres: 0.2230
  • Lot Size Sq Ft: 9713.8800

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2008
  • Units Total: 2

Multi Family

  • Gross Annual Expenses: 2133.00
  • Gross Annual Income: 40800.00
  • Insurance Expense: 2133
  • Unit Count: 2

Tax Info

  • Unexempt Taxes: 8166
  • Special Taxing Entities: No
  • Tax Lot: 43

MLS Schools

  • Middle School Name: Clark
  • Elementary School Name: Godwin
  • High School Name: Princeton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2023
Closed on
Aug 11, 2023
Sold by
Mcva Llc
Bought by
Ranjeet 1 Llc
Seller's Agent
Mike Ripperger
Keller Williams NO. Collin Cty
Buyer's Agent
Sri Sadam
Keller Williams Realty-FM
List Price
$500,000
Views
107
Current Estimated Value
$481,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.37%

Purchase Details

Closed on
Nov 12, 2014
Sold by
Mcginnis Gary and Mcginnis Catherine
Bought by
Mcva Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.13%

Purchase Details

Closed on
Oct 8, 2014
Sold by
Amaral Glen
Bought by
Mcginnis Gary and Mcginnis Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.13%

Purchase Details

Closed on
Dec 9, 2008
Sold by
Hinson Rod
Bought by
Amaral Glenn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.48%

Purchase Details

Closed on
Oct 25, 2007
Sold by
Lemley Doyce and Lemley Rockel
Bought by
Hinson Rod
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ranjeet 1 Llc -- Fidelity National Title
Mcva Llc -- None Available
Mcginnis Gary -- Allegiance Title Co
Amaral Glenn -- Landam
Hinson Rod -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcginnis Gary $140,000
Previous Owner Amaral Glenn $143,337
Previous Owner Amaral Glenn $144,000
Previous Owner Pfeiff Thomas Milton $122,000
Previous Owner Hinson Rodney $129,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold -- -- --
07/24/2023 07/24/23 Pending -- -- --
07/07/2023 07/07/23 For Sale $500,000 0.0% $174 / Sq Ft
07/28/2022 07/28/22 Rented $1,700 +6.3% --
07/22/2022 07/22/22 Under Contract -- -- --
07/14/2022 07/14/22 For Rent $1,600 +52.4% --
08/10/2012 08/10/12 Rented $1,050 0.0% --
08/10/2012 08/10/12 For Rent $1,050 -- --
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 $8,821 $477,284 $120,000 $357,284
2023 $8,821 $445,174 $100,000 $345,174
2022 $8,166 $369,312 $90,000 $279,312
2021 $7,367 $318,624 $70,000 $248,624
2020 $8,159 $326,270 $70,000 $256,270
2019 $8,191 $318,616 $70,000 $248,616
2018 $7,873 $304,920 $70,000 $234,920
2017 $6,289 $243,558 $50,000 $193,558
2016 $5,873 $225,912 $50,000 $175,912
2015 $4,694 $191,624 $30,000 $161,624
Source: Public Records

Agents Affiliated with this Home

  • Mike Ripperger

    Seller's Agent in 2023

    Mike Ripperger

    Keller Williams NO. Collin Cty

    (214) 498-4558

    3 in this area

    58 Total Sales

    Mike Ripperger
    Section Image

  • S

    Buyer's Agent in 2023

    Sri Sadam

    Keller Williams Realty-FM

    (817) 991-0351

    1 in this area

    6 Total Sales

    Sri Sadam
    Section Image

  • C

    Buyer's Agent in 2012

    Cathy Mozelle

    Vickies Real Estate Group, Inc

See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20366871

North Texas Real Estate Information Systems (NTREIS)

APN: R-9088-000-0430-1

Texas Collin County Princeton 75407

701 Parkplace Ridge, Princeton, TX

This home is located at 701 Parkplace Ridge, Princeton, TX 75407 since 07 July 2023 and is currently estimated at $481,083, approximately $167 per square foot. This property was built in 2008. 701 Parkplace Ridge is a home located in Collin County with nearby schools including Godwin Elementary School, Clark Middle School, and Princeton High School.

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