NOT LISTED FOR SALE

103 Sarsi Cove Gainesville, TX 76240

Estimated Value: $1,040,000 - $1,383,000

4 Beds
3.5 Baths
2,883 Sq Ft
$439/Sq Ft Est. Value

Last Sold June 18, 2021

Current estimated payment $8,250/month

2 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • RV Parking in Community
  • Boat Dock
  • Boat Ramp
  • Gated Community

About This Home

As of June 2021

This beautifully renovated 4 bedroom, 3.1 bath waterfront home is a show stopper. Enter your personal lakefront oasis and find vaulted ceilings in the open concept kitchen, dining and living room, lit up by stunning chandeliers and natural light from the sliding doors along the lake side of the room. A sleek custom fireplace with mantle and matching shelving, massive kitchen island, a media room or office, accent walls, barn doors, stone path to fire pit area, brand new boat dock and seawall are some of the special touches you can look forward to in this home. Circle drive provides ample parking and cul de sac creates privacy while maintaining convenient proximity to the lodge, golf course and other amenities.

Last Agent to Sell the Property

Rachel Sullivan

Lake & Country Realty, LLC License #0628069 Listed on: 06/04/2021

Last Buyer's Agent

Rachel Sullivan

Lake & Country Realty, LLC License #0628069 Listed on: 06/04/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,603

Year Built

  • Built in 1974

Lot Details

  • 0.4 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Wrought Iron Fence
  • Sprinkler System
  • Few Trees

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • 2-Car Garage with one garage door
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Siding

Interior Spaces

  • 2,883 Sq Ft Home
  • 1-Story Property
  • Wired For A Flat Screen TV
  • Vaulted Ceiling
  • Ceiling Fan
  • Decorative Lighting
  • Wood Burning Fireplace
  • Decorative Fireplace
  • Fireplace Features Masonry
  • Window Treatments
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Built-In Refrigerator
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Insulation
  • Rain or Freeze Sensor

Outdoor Features

  • Boat Ramp
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Callisburg Elementary And Middle School
  • Callisburg High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • Private Water Source
  • Aerobic Septic System
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 685
  • Assessor Parcel Number 18555
  • $8,390 per year unexempt tax

Community Details

Overview

  • Association fees include full use of facilities, maintenance structure, management fees, security
  • Lkpoa HOA, Phone Number (940) 665-1055
  • Lake Kiowa Subdivision
  • Mandatory home owners association
  • RV Parking in Community
  • Community Lake
  • Campground in community

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Park
  • Jogging Path

Security

  • Security Guard
  • Fenced around community
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,603

Year Built

Built in 1974

Lot Details

0

HOA Fees

$280 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary/Modern
  • Structural Style: Single Detached
  • Unit Levels: One
  • Restrictions: Deed
  • Security: Fire Alarm, 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
  • Lake Pump Y N: No
  • Ratio Current Price By Building: 378.94554
  • Special Features: None
  • Year Built: 1974

Interior Features

  • Square Footage: 2883.00
  • Windows: Window Coverings
  • Fireplace Features: Decorative, Masonry, Wood Burning
  • Interior Amenities: Cable TV Available, Decorative Lighting, Flat Screen Wiring, High Speed Internet Available, Vaulted Ceiling(s)
  • Flooring: Ceramic Tile, Luxury Vinyl Plank
  • Appliances: Built-in Refrigerator, Dishwasher, Electric Cooktop, Electric Oven, Microwave, Plumbed for Ice Maker, Refrigerator, Vented Exhaust Fan
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 5

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Easements: Utilities
  • Pool: No
  • Foundation: Slab
  • Community Features: Boat Ramp, Campground, Club House, Community Dock, Gated, Golf, Guarded Entrance, Jogging Path/Bike Path, Lake, Other, Park, Perimeter Fencing, Playground, RV Parking, Tennis Court(s)
  • Fencing: Wrought Iron
  • Roof: Composition
  • Soil Type: Unknown
  • Construction Materials: Siding
  • Exterior Features: Covered Patio/Porch, Rain Gutters
  • Waterfront: Yes
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: 2-Car Single Doors, Circular Driveway, Garage Door Opener, Garage Faces Side
  • Attached Garage YN: No
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric
  • Utilities: Aerobic Septic, Concrete, Individual Water Meter, Private Road, Private Water, Septic, Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Full Use of Facilities, Maintenance Structure, Management Fees, Security
  • Association Fee: 280
  • Association Fee Frequency: Monthly
  • Association Type: Mandatory
  • Hoa Management Company: LKPOA
  • HOA Management Company: 9406651055

Schools

  • School District: Callisburg ISD
  • Elementary School: Callisburg
  • High School: Callisburg

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Cul-De-Sac, Few Trees, Sprinkler System, Water/Lake View
  • Lot Size Units: Acres
  • Lot Size Area: 0.3990
  • Parcel Number: 18555
  • Lot Size Acres: 0.3990
  • Lot Size Sq Ft: 17380.4400

Green Features

  • Efficiency: Appliances, Insulation, Rain / Freeze Sensors
  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1974

Tax Info

  • Unexempt Taxes: 8390
  • Tax Lot: 685

Multi Family

  • WaterfrontFeatures: Dock – Covered, Lake Front, Lake Front – Main Body, Retaining Wall – Concrete

MLS Schools

  • MiddleOrJuniorSchool: Callisburg
  • Middle School Name: Callisburg
  • Elementary School Name: Callisburg
  • High School Name: Callisburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Jun 18, 2021
Sold by
Coleman Trent and Coleman Emily Y
Bought by
Monkres Josh T and Monkres Kylie
Seller's Agent
Rachel Sullivan
Lake & Country Realty, LLC
Buyer's Agent
Rachel Sullivan
Lake & Country Realty, LLC
List Price
$1,200,000
Current Estimated Value
$1,266,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.23%
Original Mortgage
$680,000
Outstanding Balance
$613,623
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$653,218

Purchase Details

Listed on
Jun 4, 2021
Closed on
May 12, 2021
Sold by
Sorensen Jeffrey Paul and Sorensen Cara Lynn
Bought by
Coleman Trent and Coleman Emily
Seller's Agent
Rachel Sullivan
Lake & Country Realty, LLC
Buyer's Agent
Rachel Sullivan
Lake & Country Realty, LLC
List Price
$1,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Outstanding Balance
$613,623
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$653,218

Purchase Details

Closed on
Jan 13, 2021
Sold by
Trinity Summit Investments Llc
Bought by
Sorensen Jeffrey Paul and Sorensen Cara Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
2.71%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Monkres Josh T -- Howeth Title Company
Coleman Trent -- Howeth Title Company
Sorensen Jeffrey Paul -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coleman Trent $680,000
Previous Owner Sorensen Jeffrey Paul $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2021 06/18/21 Sold -- -- --
06/06/2021 06/06/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $1,200,000 -- $416 / 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 $15,603 $1,186,731 $622,219 $564,512
2024 $15,603 $1,235,285 $649,946 $585,339
2023 $13,612 $1,066,168 $385,206 $680,962
2022 $13,844 $933,356 $357,031 $576,325
2021 $8,152 $445,762 $292,550 $153,212
2020 $8,941 $458,785 $268,027 $190,758
2019 $6,817 $349,927 $236,548 $113,379
2018 $6,501 $331,865 $228,548 $103,317
2017 $6,133 $310,210 $211,590 $98,620
2015 $5,439 $305,660 $211,590 $94,070
2014 $5,439 $304,847 $211,590 $93,257
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14593438

North Texas Real Estate Information Systems (NTREIS)

APN: 18555