NOT LISTED FOR SALE

701 Preakness Park Lucas, TX 75002

Estimated Value: $2,036,000 - $2,496,000

5 Beds
5 Baths
5,944 Sq Ft
$377/Sq Ft Est. Value

About This Home

This home is located at 701 Preakness Park, Lucas, TX 75002 and is currently estimated at $2,241,434, approximately $377 per square foot. 701 Preakness Park is a home located in Collin County with nearby schools including Joe V. Hart Elementary School, Willow Springs Middle School, and Sloan Creek Intermediate School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2016
Sold by
Mendelson David and Mendelson David James
Bought by
Schlimme Benjamin Franklin and Hutchinson Kim Irene
Current Estimated Value
$2,241,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$956,000
Outstanding Balance
$757,233
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$1,484,201

Purchase Details

Closed on
Feb 11, 2016
Sold by
Mendelson Jill Lauren
Bought by
Mendelson David James

Purchase Details

Closed on
Apr 14, 2014
Sold by
M Christopher Custom Homes Llc
Bought by
Mendelson David and Mendelson Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$830,183
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 3, 2013
Sold by
M Christopher Investments Llc 2011
Bought by
M Christopher Custom Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000,000
Interest Rate
3.38%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Schlimme Benjamin Franklin -- Fatco
Mendelson David James -- None Available
Mendelson David -- Ct
M Christopher Custom Homes Llc -- Ct
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schlimme Benjamin Franklin $956,000
Previous Owner Mendelson David $830,183
Previous Owner M Christopher Custom Homes Llc $8,000,000
Closed Mendelson David James $0
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 $36,931 $2,280,572 $672,049 $1,716,847
2024 $33,569 $2,073,247 $541,975 $1,641,696
2023 $33,569 $1,884,770 $433,580 $1,807,476
2022 $33,862 $1,713,427 $368,543 $1,745,834
2021 $31,818 $1,557,661 $281,827 $1,275,834
2020 $30,352 $1,531,736 $281,827 $1,249,909
2019 $27,552 $1,232,614 $281,827 $950,787
2018 $26,149 $1,157,041 $281,827 $875,214
2017 $26,758 $1,184,000 $281,827 $902,173
2016 $24,924 $1,094,336 $195,111 $899,225
2015 $10,229 $1,029,340 $195,111 $834,229
Source: Public Records

Map

Texas Collin County Lucas 75002

701 Preakness Park, Lucas, TX

Not Listed for Sale

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