NOT LISTED FOR SALE

7817 Heritage Palms Trail McKinney, TX 75070

Craig Ranch Neighborhood

Estimated Value: $633,000 - $709,000

5 Beds
4 Baths
3,246 Sq Ft
$207/Sq Ft Est. Value

Last Sold March 15, 2021

Current estimated payment $4,575/month

76 Days on Market

Highlights

  • Newly Remodeled
  • Vaulted Ceiling
  • Corner Lot
  • Ogle Elementary School Rated A
  • Traditional Architecture
  • Community Pool

About This Home

As of March 2021

Ask about our MEGAsale promotion of 6 months mortgage on us. Megatel Homes will credit the first 6 months of your new mortgage payment. See your community sales consultant for full details. contract and MEGA sale addendum must be signed between July 23rd, 2020 through December 31st, 2020. Mortgage payment refers to principal and interest only. Additional restrictions apply. Megatel Homes reserves the right to change or cancel the program at any time.

Last Agent to Sell the Property

Jagjit Singh

Jagjit Singh License #0326070 Listed on: 11/03/2020

Last Buyer's Agent

Narendra Krishnamurthy

My Dream Home Helpers Realty License #0722257

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,211

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 6,578 Sq Ft Lot
  • Lot Dimensions are 60x110
  • Wood Fence
  • Landscaped
  • Corner Lot

HOA Fees

  • $55 Monthly HOA Fees

Parking

  • 2-Car Garage with two garage doors
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,246 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Oven
  • Gas Cooktop

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Rain or Freeze Sensor
  • Mechanical Fresh Air

Outdoor Features

  • Rain Gutters

Schools

  • Ogle Elementary School
  • Scoggins Middle School
  • Independence High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 11 / B
  • Assessor Parcel Number R-10466-00B-0090-1

Community Details

Overview

  • Association fees include maintenance structure
  • Craig Ranch HOA, Phone Number (972) 548-9191
  • Craig Ranch North Subdivision
  • Mandatory home owners association

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,211

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$55 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structural Style: Single Detached
  • Unit Levels: Two
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Year Built Details: New Construction - Complete
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Ratio Current Price By Building: 162.96981
  • Special Features: None
  • Year Built: 2018

Interior Features

  • Square Footage: 3246.00
  • Fireplace Features: Gas Logs
  • Interior Amenities: Vaulted Ceiling(s)
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: Electric Oven, Gas Cooktop
  • Fireplaces: 1
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 2
  • Room Count: 10

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 5

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Community Features: Community Pool, Playground
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Rain Gutters
  • Waterfront: No

Garage/Parking

  • Cooling System: Central Air, Electric
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: 2-Car Double Doors, Garage Door Opener, Garage
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Natural Gas
  • LaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure
  • Association Fee: 660
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: Craig Ranch HOA
  • HOA Management Company: 972-548-9191

Schools

  • School District: Frisco ISD
  • Elementary School: Ogle
  • Middle School: Scoggins
  • High School: Independence
  • School District: Frisco ISD
  • Elementary School: Ogle
  • High School: Independence

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Corner Lot, Landscaped, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 0.1510
  • Lot Size: 60x110
  • Parcel Number: R-10466-00B-0090-1
  • Lot Size Acres: 0.1510
  • Lot Size Sq Ft: 6577.5600

Green Features

  • Efficiency: HVAC, Mechanical Fresh Air, Rain / Freeze Sensors
  • Smart Home Features Appor Pass Y: Yes
  • Green Verification Count: 2

Building Info

  • Year Built: 2018

Tax Info

  • TaxBlock: B
  • Tax Lot: 11

MLS Schools

  • MiddleOrJuniorSchool: Scoggins
  • Middle School Name: Scoggins
  • Elementary School Name: Ogle
  • High School Name: Independence

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2020
Closed on
Mar 15, 2021
Sold by
Megatel Homes Inc
Bought by
Meda Lakshmipathi Vamshidhar and Meda Meghana Vamshidhar-Meda
Seller's Agent
Jagjit Singh
Jagjit Singh
Buyer's Agent
Narendra Krishnamurthy
My Dream Home Helpers Realty
List Price
$549,000
Current Estimated Value
$673,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.86%
Original Mortgage
$474,285
Interest Rate
2.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2018
Sold by
Megatel 5 Fc Llc
Bought by
Megatel 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
$349,000
Interest Rate
4.6%
Mortgage Type
Construction
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
Meda Lakshmipathi Vamshidhar -- Chicago Title
Megatel Homes Llc $4,000,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lakshmipathi Vamshidhar Meda $91,000
Open Lakshmipathi Vamshider Meda $470,625
Closed Meda Lakshmipathi Vamshidhar $474,285
Previous Owner Megatel Homes Llc $30,000
Previous Owner Megatel Homes Llc $349,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2021 03/15/21 Sold -- -- --
01/25/2021 01/25/21 Price Changed $569,000 +3.6% $175 / Sq Ft
01/20/2021 01/20/21 Price Changed $549,000 +1.9% $169 / Sq Ft
01/18/2021 01/18/21 Price Changed $539,000 -1.8% $166 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
11/03/2020 11/03/20 For Sale $549,000 -- $169 / 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 $10,211 $684,067 $150,000 $532,000
2023 $10,211 $649,000 $150,000 $542,000
2022 $11,234 $590,000 $150,000 $440,000
2021 $7,194 $357,163 $78,000 $279,163
2019 $5,224 $234,557 $78,000 $156,557
2018 $1,795 $79,000 $79,000 $0
2017 $1,795 $79,000 $79,000 $0
2016 $892 $38,400 $38,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14464677

North Texas Real Estate Information Systems (NTREIS)

APN: R-10466-00B-0090-1