NOT LISTED FOR SALE

5242 Lake Terrace Ct Garland, TX 75043

Estimated Value: $564,000 - $723,000

4 Beds
3 Baths
3,757 Sq Ft
$177/Sq Ft Est. Value

Last Sold November 03, 2020

Current estimated payment $4,686/month

27 Days on Market

Highlights

  • Lake Front
  • Traditional Architecture
  • Covered patio or porch
  • Rooftop Deck
  • Wood Flooring
  • 4-minute walk to Windsurf Bay Park

About This Home

As of November 2020

Beautiful waterfront home in a wonderful neighborhood with a gorgeous lake view. The spacious living area has a wood burning fireplace, wet bar, and opens to the island kitchen with breakfast bar, granite counters, and stainless appliances. Master suite featuring a lake view from the private balcony and master bath with dual vanity, garden tub, separate shower, and a custom walk in closet. Roof top balcony along with large first floor covered patio. Be Sure to check out the 3D model and floor plan!

Last Agent to Sell the Property

Mike Mazyck

Milestone Realty Texas LLC License #0505536 Listed on: 09/11/2020

Co-Listed By

Jason Miller

Regal, REALTORS License #0502152

Last Buyer's Agent

Chris Hennessy

All Madden Team Real Estate License #0716675

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,344

Year Built

  • Built in 2006

Lot Details

  • 5,401 Sq Ft Lot
  • Lake Front
  • Wrought Iron Fence
  • Landscaped

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 3,757 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Decorative Lighting
  • Wood Burning Fireplace
  • Lake Views
  • Full Size Washer or Dryer

Kitchen

  • Double Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Burglar Security System
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Covered patio or porch

Schools

  • Choice Of Elementary And Middle School
  • Choice Of High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include management fees
  • Lake Terrace Rep Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Legal Lot and Block 4 / 2
  • Assessor Parcel Number 26303760020040000
  • $12,286 per year unexempt tax

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,344

Year Built

Built in 2006

Lot Details

0

HOA Fees

$75 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: Burglar, Security System, Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 139.73915
  • Special Features: None
  • Year Built: 2006

Interior Features

  • Square Footage: 3757.00
  • Fireplace Features: Wood Burning
  • Interior Amenities: Cable TV Available, Decorative Lighting, High Speed Internet Available, Wet Bar
  • Flooring: Ceramic Tile, Wood
  • Appliances: Dishwasher, Disposal, Double Oven, Electric Cooktop, Microwave
  • Fireplaces: 1
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 1
  • Room Count: 10

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: Wrought Iron
  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Balcony, Covered Patio/Porch
  • Patio And Porch Features: Covered, Deck, Roof Top Deck/Patio

Garage/Parking

  • Cooling System: Central Air, Electric
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: Garage
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Management Fees
  • Association Fee: 900
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: unknown
  • HOA Management Company: unknown

Schools

  • School District: Garland ISD
  • Elementary School: Choice Of School
  • Middle School: Choice Of School
  • High School: Choice Of School
  • School District: Garland ISD
  • Elementary School: Choice Of School
  • High School: Choice Of School

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Landscaped, Water/Lake View
  • Lot Size Units: Acres
  • Lot Size Area: 0.1240
  • Parcel Number: 26303760020040000
  • Lot Size Acres: 0.1240
  • Lot Size Sq Ft: 5401.4400

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2006

Tax Info

  • Unexempt Taxes: 12286
  • TaxBlock: 2
  • Tax Lot: 4

Multi Family

  • WaterfrontFeatures: Lake Front

MLS Schools

  • MiddleOrJuniorSchool: Choice Of School
  • Middle School Name: Choice Of School
  • Elementary School Name: Choice Of School
  • High School Name: Choice Of School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2020
Closed on
Nov 3, 2020
Sold by
Van Vanchristopher E and Van Tamlyn A
Bought by
Hennessy Christopher Ryan
Seller's Agent
Mike Mazyck
Milestone Realty Texas LLC
Buyer's Agent
Chris Hennessy
All Madden Team Real Estate
List Price
$559,999
Current Estimated Value
$663,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.98%
Original Mortgage
$420,000
Outstanding Balance
$376,929
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$291,392

Purchase Details

Closed on
May 25, 2017
Sold by
Wunneburger Gregg W and Sommer Judy D
Bought by
Van Vanchristopher E and Van Tamlyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,500
Interest Rate
3.97%

Purchase Details

Closed on
Jun 2, 2010
Sold by
Camden Homes Llc
Bought by
Wunneburger Gregg W and Sommers Judy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2006
Sold by
Homes Of Lake Terrace Llc
Bought by
Camden 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
$288,941
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage
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
Hennessy Christopher Ryan -- Fair Texas Title
Van Vanchristopher E -- None Available
Wunneburger Gregg W -- Fidelity National Title Agen
Camden Homes Llc -- Fnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hennessy Christopher Ryan $420,000
Previous Owner Van Vanchristopher E $357,500
Previous Owner Wunneburger Gregg W $320,000
Previous Owner Camden Homes Llc $278,803
Previous Owner Camden Homes Llc $288,941
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2020 11/03/20 Sold -- -- --
10/08/2020 10/08/20 Pending -- -- --
09/28/2020 09/28/20 Price Changed $554,999 -0.9% $148 / Sq Ft
09/11/2020 09/11/20 For Sale $559,999 -- $149 / 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 $11,344 $651,350 $135,000 $516,350
2023 $11,344 $566,690 $135,000 $431,690
2022 $10,517 $507,570 $0 $0
2021 $11,513 $437,820 $120,000 $317,820
2020 $11,671 $437,820 $120,000 $317,820
2019 $12,351 $437,820 $120,000 $317,820
2018 $14,260 $505,440 $120,000 $385,440
2017 $13,160 $466,770 $105,000 $361,770
2016 $13,160 $466,770 $105,000 $361,770
2015 $9,505 $398,440 $105,000 $293,440
2014 $9,505 $398,440 $105,000 $293,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14432678

North Texas Real Estate Information Systems (NTREIS)

APN: 26303760020040000