NOT LISTED FOR SALE

985 Palmflower Ave Frisco, TX 75036

Phillips Creek Ranch Neighborhood

Estimated Value: $1,022,000 - $1,182,000

5 Beds
4.5 Baths
4,194 Sq Ft
$263/Sq Ft Est. Value

Last Sold August 02, 2022

Current estimated payment $7,540/month

8 Days on Market

Highlights

  • Fitness Center
  • Tennis Courts
  • Community Lake
  • Nichols Elementary School Rated A+
  • Fishing
  • Clubhouse

About This Home

As of August 2022

Rare Find in Phillips Creek Ranch, this 5 bedrm 4.5 bathroom plus game rm, media rm & office has an amazing covered & extended back patio plus a sports court that has basketball goal & pickelball net. This is a Shaddock built custom home that has tons of upgrades. 2 bed down & 3 up. Home is amazing for entertaining. As for area, In the middle of Phillips Creek Ranch lies Vista Park. Home to 2,020 square foot state-of-the-art fitness center adjacent to Olympic sized lap pool plus a leisure pool with beach entry. Open-air pavilion & community lawn feature regular concerts, planned family events & movie nights. In addition to pavilions, Phillip Creek Ranch offers the new Texas Backyard which features horseshoe pits, bocce ball court, sand volleyball court, grills, patio swings & a fire pit. If the fitness center doesn't work for you then there is another fitness facility, known as Cascades Park, specifically for group fitness classes. One can enjoy yoga, pilates & bootcamp classes.

Last Agent to Sell the Property

Deborah Diviney

Coldwell Banker Apex, REALTORS License #0480179 Listed on: 06/29/2022

Coldwell Banker Apex, REALTORS

Last Buyer's Agent

Vijaya Kosuri

Sun Star Realty License #0654159

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,984

Year Built

  • Built in 2016

Lot Details

  • 9,888 Sq Ft Lot
  • Wood Fence
  • Sprinkler System
  • Large Grassy Backyard

HOA Fees

  • $192 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Front Facing Garage
  • Side Facing Garage

Home Design

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

Interior Spaces

  • 4,194 Sq Ft Home
  • 2-Story Property
  • Sound System
  • Wired For A Flat Screen TV
  • Built-In Features
  • Vaulted Ceiling
  • Decorative Lighting
  • Fireplace With Gas Starter

Kitchen

  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in Utility Room
  • Full Size Washer or Dryer
  • Electric Dryer Hookup

Home Security

  • Security System Owned
  • Smart Home

Outdoor Features

  • Tennis Courts
  • Basketball Court
  • Sport Court
  • Outdoor Living Area

Schools

  • Nichols Elementary School
  • Pearson Middle School
  • Reedy High School

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 22 / D
  • Assessor Parcel Number R648416
  • $14,099 per year unexempt tax

Community Details

Overview

  • Association fees include full use of facilities, management fees
  • Insight Management Association, Phone Number (214) 494-6002
  • Phillips Creek Ranch Ph 4B Subdivision
  • Mandatory home owners association
  • Community Lake
  • Greenbelt

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Fishing
  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,984

Year Built

Built in 2016

Lot Details

0

HOA Fees

$192 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structural Style: Single Detached
  • Unit Levels: Two
  • Security: Security System Owned
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Notice Surveillance Devices Pres: None
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Special Features: None
  • Year Built: 2016

Interior Features

  • Square Footage: 4194.00
  • Fireplace Features: Gas Starter
  • Interior Amenities: Built-in Features, Cable TV Available, Decorative Lighting, Flat Screen Wiring, Granite Counters, High Speed Internet Available, Kitchen Island, Pantry, Smart Home System, Sound System Wiring, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Ceramic Tile, Wood
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave, Double Oven, Tankless Water Heater
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 3
  • Room Count: 13

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Community Features: Club House, Community Pool, Fishing, Fitness Center, Greenbelt, Jogging Path/Bike Path, Lake, Park, Playground, Sidewalks
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Brick, Rock/Stone
  • Exterior Features: Basketball Court, Outdoor Living Center, Sport Court, Tennis Court(s)

Garage/Parking

  • Cooling System: Central Air
  • Garage Spaces: 3
  • Total Covered Spaces: 3
  • Parking Features: 2-Car Single Doors, Garage, Garage Faces Front, Garage Faces Side
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central
  • LaundryFeatures: Electric Dryer Hookup, Utility Room, Full Size W/D Area
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • HOA Fee Includes: Full Use of Facilities, Management Fees
  • Association Fee: 192
  • Association Fee Frequency: Monthly
  • Association Type: Mandatory
  • Hoa Management Company: Insight Management Association
  • HOA Management Company: 2144946002

Schools

  • School District: Frisco ISD
  • Elementary School: Nichols
  • Middle School: Pearson
  • High School: Reedy
  • School District: Frisco ISD

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Lrg. Backyard Grass, Sprinkler System, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 0.2270
  • Parcel Number: R648416
  • Lot Size Acres: 0.2270
  • Lot Size Sq Ft: 9888.1200

Building Info

  • Year Built: 2016
  • SeniorCommunityYN: No

Tax Info

  • Unexempt Taxes: 14099
  • TaxBlock: D
  • Tax Lot: 22

MLS Schools

  • Middle School Name: Pearson
  • Elementary School Name: Nichols
  • High School Name: Reedy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2022
Closed on
Jul 29, 2022
Sold by
Burns Donald G
Bought by
Battu Srikoti Vijay and Kotu Archana
Seller's Agent
Deborah Diviney
Coldwell Banker Apex, REALTORS
Buyer's Agent
Vijaya Kosuri
Sun Star Realty
List Price
$1,046,000
Current Estimated Value
$1,104,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.57%
Original Mortgage
$810,000
Outstanding Balance
$773,069
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$357,556

Purchase Details

Closed on
Jul 13, 2016
Sold by
Shaddock Homes Ltd
Bought by
Burns Donald Gg and Hiromatsu Burns Hiromo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2015
Sold by
Rpg/Pcr Development Company Iii Llc
Bought by
Shaddock Homes Ltd

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
3.92%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Battu Srikoti Vijay -- None Listed On Document
Burns Donald Gg -- None Available
Shaddock Homes Ltd -- Capital Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Battu Srikoti Vijay $810,000
Previous Owner Burns Donald Gg $200,000
Previous Owner Shaddock Homes Ltd $8,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2022 08/02/22 Sold -- -- --
07/07/2022 07/07/22 Pending -- -- --
06/29/2022 06/29/22 For Sale $1,046,000 -- $249 / 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
2025 $15,984 $1,121,000 $286,375 $834,625
2024 $17,738 $1,062,000 $286,375 $775,625
2023 $15,921 $1,071,000 $258,831 $812,169
2022 $14,953 $796,600 $237,000 $684,382
2021 $14,352 $724,229 $177,750 $546,479
2020 $13,234 $658,347 $177,750 $480,597
2019 $13,983 $662,000 $177,750 $484,250
2018 $13,982 $652,000 $177,750 $474,250
2017 $13,835 $641,000 $167,875 $473,125
2016 $13,166 $138,250 $138,250 $0
2015 -- $110,600 $110,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Deborah Diviney

    Seller's Agent in 2022

    Deborah Diviney

    Coldwell Banker Apex, REALTORS

    (214) 551-1925

    1 in this area

    90 Total Sales

    Deborah Diviney
    Section Image

  • V

    Buyer's Agent in 2022

    Vijaya Kosuri

    Sun Star Realty

    (240) 252-9441

    1 in this area

    107 Total Sales

    Vijaya Kosuri
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20097401

North Texas Real Estate Information Systems (NTREIS)

APN: R648416

Texas Denton County Frisco 75034 Phillips Creek Ranch

985 Palmflower Ave, Frisco, TX

This home is located at 985 Palmflower Ave, Frisco, TX 75036 since 29 June 2022 and is currently estimated at $1,104,252, approximately $263 per square foot. This property was built in 2016. 985 Palmflower Ave is a home located in Denton County with nearby schools including Nichols Elementary School, Pearson Middle, and Reedy High School.

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