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1903 Parklake Village

1903 Parklake Village, Katy, TX 77450
Property in Parklake Village
Sold May 21, 2021
$660,000
$528,000 by Newrez Llc
Mortgage Due Jun 01, 2051
Sold Oct 06, 2005
$351,900
$347,200 by Plainscapital Mcafee Mortgage
Mortgage Due Oct 01, 2035
Local assessors in Katy, TX have categorized 1903 Parklake Village as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 17,578 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 13 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1903 Parklake Village has a total of 4,869 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 751 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in May 7, 2021 for $660,000. That's $135.55 per sqft. Prior to that sales transaction, the property was also sold in Oct 3, 2005 for $351,900. 1903 Parklake Village was last assessed in 2022. The total value of the property was assessed at $880,000. Specifically, the land the property is located on was valued at $318,860. While improvements on the property were assessed at a total of $561,140. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $19,379. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 21
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Exterior Walls Type: Brick veneer
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 751
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 17,578
  • Total Building Area: 4,869
  • Gross Building Area: 4,869
  • Building Area: 4,869
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,869
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PARKLAKE VILLAGE
  • Land Acres: 0.404
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: LT 5 BLK 3 PARKLAKE VILLAGE

Ownership

  • Current Owner : SABBAGH TODD
  • Current Owner 2: SABBAGH MARILYN
  • Previous Owner : SABBAGH TODD
  • Previous Owner 2: SABBAGH TALAL
  • Owner Before Previous Owner: MAJESTA HOMES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Katy Independent School District
  • School Tax School District: KATY ISD
  • Census Tract: 454502

Geography

  • Assessors Map Reference: 4556B
  • Account Number: 1192820030005
  • Parcel: 119-282-003-0005
  • Block: 3
  • Lot: 5
  • Municipality: KATY
  • Latitude: 29.7512
  • Longitude: -95.7157

    Address

  • Full Address: 1903 Parklake Vlg
  • Address - House Number: 1903
  • Address - Street Name: Parklake
  • Address - Suffix Type: Vlg
  • State: TX
  • City Name: Katy
  • Carrier Code: C033
  • 4-Digit Zip Code: 6688
  • Zip Code: 77450

Valuation

    Tax

  • Total Area: 5,180
  • Tax Year: 2022
  • Tax Amount: $19,379
  • Tax Rate Code Area: 778

    Appraisal Valuation

  • Standard Deviation: 0.2012
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 72
  • Final Value: 830,018
  • High Value: 997,031
  • Low Value: 663,006

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $528,000
  • First Open Lien Mortgage Lender: NEWREZ LLC
  • First Open Lien Mortgage Recording Date: May 21, 2021
  • First Open Lien Mortgage Loan Amount: $528,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Market Valuation

  • Market Total Value: $880,000
  • Market Land Value: $318,860
  • Market Improvement Value: $561,140

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $880,000
  • Assessed Land Value: $318,860
  • Assessed Improvements Value: $561,140

    Sales

  • Current Sale Contract Date: May 07, 2021
  • Current Sale Recording Date: May 21, 2021
  • Current Sale Transaction ID: 11835833505
  • Current Sale Price: $660,000
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2021-283051
  • Previous Sale Recording Date: Oct 06, 2005
  • Previous Sale Contract Date: Oct 03, 2005
  • Previous Sale Amount: $351,900
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEWREZ LLC
  • First Mortgage Transaction Date: May 21, 2021
  • First Mortgage Loan Amount: $528,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PLAINSCAPITAL MCAFEE MORTGAGE
  • Previous Mortgage Transaction Date: Oct 06, 2005
  • Previous Mortgage Loan Amount: $347,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Oct 01, 2035

About Parklake Village



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Frequently Asked Questions

What neighborhood is 1903 Parklake Village located in?
The 1903 Parklake Village is a located in the neighborhood of Parklake Village in Parklake Village, Katy.
What is the average sales price for listings in 1903 Parklake Village?
The average sales price for units in 1903 Parklake Village is $0 currently.

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