NOT LISTED FOR SALE

1000 Lake Forest Dr Southlake, TX 76092

Estimated Value: $1,140,000

4 Beds
4.5 Baths
4,366 Sq Ft
$261/Sq Ft Est. Value

Last Sold June 24, 2022

Current estimated payment $6,867/month

5 Days on Market

Highlights

  • In Ground Pool
  • Lake View
  • Clubhouse
  • Robert High Rockenbaugh Elementary School Rated A+
  • Community Lake
  • Adjacent to Greenbelt

About This Home

As of June 2022

The beautiful curb appeal and well maintained landcaping welcomes you to this amazing lot and location in the desirable Timber Lake neighborhood! Enjoy water views while you relax on your side yard and patio. This large lot also backs to the greenbelt and walking trail system that goes throughout the neighborhood. You will love the tranquility and privacy as you sit on your back patio or while relaxing in the pool. The house has a great layout with the study tucked away at the front of the house for privacy and the guest bedroom with ensuite on the opposite side of the foyer. The expansive living room is open to the kitchen perfect for entertaining. The dining room is the perfect place to host your next dinner party with it's wall of windows and water views. The upstairs features two bedrooms, two bathrooms and large gameroom. Timber Lake offers a community pool, playgrounds, tennis and wonderful trails. Excellent Southlake location close to restaurants, shopping and CISD schools.

Last Agent to Sell the Property

Frances Bankester

Compass RE Texas, LLC License #0636090 Listed on: 06/09/2022

Compass RE Texas, LLC

Co-Listed By

Blake Bankester

Compass RE Texas, LLC License #0732394

Last Buyer's Agent

Angela Yi

The Michael Group License #0592103

The Michael Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,966

Year Built

  • Built in 1997

Lot Details

  • 0.56 Acre Lot
  • Adjacent to Greenbelt
  • Wrought Iron Fence
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Sprinkler System

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Electric Gate

Home Design

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

Interior Spaces

  • 4,366 Sq Ft Home
  • 2-Story Property
  • Decorative Lighting
  • Gas Fireplace
  • Window Treatments
  • Family Room with Fireplace
  • Lake Views

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in Utility Room
  • Full Size Washer or Dryer

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Rockenbaug Elementary School
  • Dawson Middle School
  • Eubanks Middle School
  • Carroll High School

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 55 / 2
  • Assessor Parcel Number 06871631
  • $21,995 per year unexempt tax

Community Details

Overview

  • Association fees include full use of facilities, ground maintenance, management fees
  • Timber Lake HOA, Phone Number (972) 943-2828
  • Timber Lake Add Subdivision
  • Mandatory home owners association
  • Community Lake
  • Greenbelt

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,966

Year Built

Built in 1997

Lot Details

0

HOA Fees

$100 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
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Special Features: None
  • Year Built: 1997

Interior Features

  • Square Footage: 4366.00
  • Windows: Window Coverings
  • Fireplace Features: Family Room, Gas
  • Interior Amenities: Decorative Lighting, Kitchen Island, Pantry, Walk-In Closet(s)
  • Flooring: Carpet, Ceramic Tile, Wood
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave, Double Oven
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 3
  • Room Count: 15

Beds/Baths

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

Exterior Features

  • Pool: Yes
  • Foundation: Slab
  • Community Features: Club House, Community Pool, Greenbelt, Jogging Path/Bike Path, Lake, Playground, Pool
  • Fencing: Wood, Wrought Iron
  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Rain Gutters
  • Pool Features: In Ground
  • Patio And Porch Features: Covered, Patio, Side Porch

Garage/Parking

  • Cooling System: Central Air, Electric
  • Garage Spaces: 3
  • Total Covered Spaces: 3
  • Parking Features: Electric Gate, Garage
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Natural Gas
  • LaundryFeatures: Utility Room, Full Size W/D Area
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • HOA Fee Includes: Full Use of Facilities, Maintenance Grounds, Management Fees
  • Association Fee: 600
  • Association Fee Frequency: Semi-Annual
  • Association Type: Mandatory
  • Hoa Management Company: Timber Lake HOA
  • HOA Management Company: 972-943-2828

Schools

  • School District: Carroll ISD
  • Intermediate School: Eubanks
  • Senior High School: Carroll

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: .5 to < 1 Acre
  • Lot Features: Adjacent to Greenbelt, Corner Lot, Greenbelt, Landscaped, Sprinkler System, Water/Lake View
  • Lot Size Units: Acres
  • Lot Size Area: 0.5560
  • Parcel Number: 06871631
  • Lot Size Acres: 0.5560
  • Lot Size Sq Ft: 24219.3600

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1997

Tax Info

  • Unexempt Taxes: 21995
  • TaxBlock: 2
  • Tax Lot: 55

MLS Schools

  • Middle School Name: Dawson
  • Elementary School Name: Rockenbaug
  • High School Name: Carroll

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Jun 24, 2022
Sold by
Bartlett and Charlene
Bought by
Shin Mee and Chin Kara
Seller's Agent
Frances Bankester
Compass RE Texas, LLC
Buyer's Agent
Angela Yi
The Michael Group
List Price
$1,200,000
Current Estimated Value
$1,140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.49%

Purchase Details

Closed on
Jul 13, 2001
Sold by
Depaul David M
Bought by
Bartlett Mark and Bartlett Charlene

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
7.07%

Purchase Details

Closed on
Apr 14, 1999
Sold by
Cornell Montgomery W and Cornell Colleen M
Bought by
Depaul David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,080
Interest Rate
7.16%

Purchase Details

Closed on
Aug 20, 1998
Sold by
Williamson Paul R and Williamson Betty I
Bought by
Paul R & Betty I Williamson Living Trust

Purchase Details

Closed on
Nov 26, 1997
Sold by
Mitcham Homes Llc
Bought by
Cornell Montgomery W and Cornell Colleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
7.12%

Purchase Details

Closed on
Apr 28, 1997
Sold by
Southlake Joint Venture
Bought by
Mitcham 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
$346,400
Interest Rate
7.92%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shin Mee -- First American Title
Bartlett Mark -- Commonwealth Land Title
Depaul David M -- Commonwealth Land Title
Paul R & Betty I Williamson Living Trust -- --
Cornell Montgomery W -- American Title Co
Mitcham Homes Llc -- American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bartlett Mark $120,000
Previous Owner Depaul David M $352,080
Previous Owner Cornell Montgomery W $335,000
Previous Owner Mitcham Homes Llc $346,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2022 06/24/22 Sold -- -- --
06/14/2022 06/14/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $1,200,000 -- $275 / 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 $8,966 $649,038 $391,800 $257,238
2024 $8,966 -- -- --
2023 $21,717 $1,191,500 $587,700 $603,800
2022 $21,574 $1,000,000 $396,000 $604,000
2021 $22,366 $1,000,000 $396,000 $604,000
2020 $20,498 $926,651 $375,300 $551,351
2019 $19,631 $810,697 $225,000 $585,697
2018 $16,968 $742,363 $210,000 $532,363
2017 $16,728 $737,180 $187,500 $549,680
2016 $15,207 $703,338 $187,500 $515,838
2015 $14,197 $557,748 $142,500 $415,248
2014 $14,197 $603,000 $82,500 $520,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20074893

North Texas Real Estate Information Systems (NTREIS)

APN: 06871631