Seller's Agent in 2018
Tod Franklin
DFWCityhomes
(214) 207-0210
592 Total Sales
7807 Lake Ridge Ln McKinney, TX 75071
Estimated Value: $582,000 - $686,000
5
Beds
3
Baths
2,708
Sq Ft
$239/Sq Ft
Est. Value
Highlights
- Contemporary Architecture
- Wood Flooring
- Covered Patio or Porch
- Melissa Middle School Rated A
- Corner Lot
- Cul-De-Sac
About This Home
As of December 2018Enjoy city life and country living in this beautiful Stonehollow home located on a heavily treed one-acre lot on a cul-de-sac in McKinney Meadows! Includes two master suites, hand scraped hardwood floors, open floor plan featuring designer archways and rounded corners. Kitchen has a large island and granite countertops, travertine backsplash, 42-inch maple cabinets. Overlooks the large living room with views of the huge backyard and covered patio. Enjoy formal dining, relaxing master bedrooms with dual sinks and a large walk-in closet. Upstairs features loft and 2nd master that can be a mother in law suite. The large lot has a stocked pond and large storage building. Melissa ISD = lower taxes, currently 1.87%.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,280
Year Built
- Built in 2014
Lot Details
- 1 Acre Lot
- Cul-De-Sac
- Landscaped
- Corner Lot
- Interior Lot
- Many Trees
- Large Grassy Backyard
HOA Fees
- $25 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Front Facing Garage
Home Design
- Contemporary Architecture
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
- Stone Siding
Interior Spaces
- 2,708 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Decorative Lighting
- Wood Burning Fireplace
- Stone Fireplace
- Window Treatments
Kitchen
- Electric Range
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Laundry
- Full Size Washer or Dryer
- Washer and Electric Dryer Hookup
Home Security
- Home Security System
- Fire and Smoke Detector
Eco-Friendly Details
- Energy-Efficient Appliances
- Energy-Efficient HVAC
- Energy-Efficient Thermostat
Outdoor Features
- Covered Patio or Porch
- Exterior Lighting
- Outdoor Storage
- Rain Gutters
Schools
- Harry Mckillop Elementary School
- Melissa Middle School
- Melissa Ridge Middle School
- Melissa High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Underground Utilities
- Private Water Source
- Electric Water Heater
- Aerobic Septic System
- High Speed Internet
- Cable TV Available
Community Details
- Association fees include maintenance structure, management fees
- Home Owners Association Of Mckinney Meadows, Inc HOA, Phone Number (972) 943-2876
- Mckinney Meadows Ph I Subdivision
- Mandatory home owners association
Listing and Financial Details
- Legal Lot and Block 22 / B
- Assessor Parcel Number R960600B02201
- $6,168 per year unexempt tax
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 21, 2018
Closed on
Dec 17, 2018
Sold by
Welch Mark and Welch Barbara
Bought by
Jensen Jens P and Jensen Mary Anne
Seller's Agent
Tod Franklin
DFWCityhomes
Buyer's Agent
Frank Lu
Coldwell Banker Realty
List Price
$389,000
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
8.25%
Original Mortgage
$294,800
Outstanding Balance
$263,212
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$367,527
Purchase Details
Closed on
Aug 29, 2014
Sold by
Stonehollow Homes Llc
Bought by
Welch Mark and Welch Barbara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.15%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Jensen Jens P | -- | Allegiance Title | |
| Welch Mark | -- | Fatco |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jensen Jens P | $294,800 | |
| Previous Owner | Welch Mark | $119,600 | |
| Previous Owner | Welch Mark | $120,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/18/2018 12/18/18 | Sold | -- | -- | -- |
| 11/09/2018 11/09/18 | Pending | -- | -- | -- |
| 09/21/2018 09/21/18 | For Sale | $389,000 | -- | $144 / 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 |
|---|---|---|---|---|
| 2023 | $6,280 | $470,419 | $155,000 | $464,371 |
| 2022 | $7,170 | $427,654 | $145,000 | $405,941 |
| 2021 | $6,647 | $394,445 | $100,000 | $294,445 |
| 2020 | $6,448 | $353,433 | $95,000 | $258,433 |
| 2019 | $6,933 | $358,847 | $95,000 | $263,847 |
| 2018 | $6,708 | $345,407 | $85,000 | $260,407 |
| 2017 | $6,168 | $317,608 | $85,000 | $232,608 |
| 2016 | $5,787 | $315,299 | $75,000 | $240,299 |
| 2015 | $409 | $268,465 | $55,000 | $213,465 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2018
Frank Lu
Coldwell Banker Realty
(214) 616-6800
88 Total Sales
Map
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 13935867
APN: R-9606-00B-0220-1
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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