NOT LISTED FOR SALE

1113 Lake Summit Dr Little Elm, TX 75068

Estimated Value: $489,316 - $577,000

5 Beds
3.5 Baths
3,362 Sq Ft
$158/Sq Ft Est. Value

Last Sold May 20, 2021

Current estimated payment $3,783/month

7 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Jogging Path
  • Traditional Architecture
  • Covered Patio or Porch
  • 2 Car Attached Garage

About This Home

As of May 2021

WE CHOSE A BUYER AND THEY GOT COLD FEET! COME SEE! Coveted Lakeview area of Paloma Creek near the lake. Awesome community amenities including mult pools, playgrounds, gyms, etc. A large foyer greets you upon entry. Oversized master down with tub and separate shower. Large open living-kitchen-dining area with SS appliances, 42 inch cabinets, granite c-tops & decorative backsplash. Upstairs are 4 Texas-sized bedrooms with walk-in closets, 2 full baths, a game room and a media room. ALL MEDIA ROOM EQUIPMENT & FURNITURE STAYS! Entertain outside with a 45'x19' extended patio that is partially covered w ceiling fans and gas stub for your BBQing pleasure! This backyard is truly pool-sized!

Last Agent to Sell the Property

Stevie Gibbons

Coldwell Banker Apex, REALTORS License #0628452 Listed on: 04/20/2021

Coldwell Banker Apex, REALTORS

Last Buyer's Agent

Abamukong Ndifornyen

Texas United Realty License #0736350

Texas United Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,191

Year Built

  • Built in 2017

Lot Details

  • 8,233 Sq Ft Lot
  • Wood Fence
  • Interior Lot
  • Sprinkler System
  • Large Grassy Backyard

HOA Fees

  • $31 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

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

Interior Spaces

  • 3,362 Sq Ft Home
  • 2-Story Property
  • Sound System
  • Ceiling Fan
  • Decorative Lighting
  • Gas Log Fireplace
  • ENERGY STAR Qualified Windows
  • Window Treatments
  • Prewired Security

Kitchen

  • Electric Oven
  • Plumbed For Gas In Kitchen
  • Gas Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Full Size Washer or Dryer
  • Washer and Electric Dryer Hookup

Eco-Friendly Details

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

Outdoor Features

  • Covered Patio or Porch

Schools

  • Oak Point Elementary School
  • Jerry Walker Middle School
  • Little Elm High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Individual Gas Meter
  • Municipal Utilities District for Water and Sewer
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 14 / Y
  • Assessor Parcel Number R714208
  • $8,491 per year unexempt tax

Community Details

Overview

  • Association fees include full use of facilities, maintenance structure, management fees
  • First Service Residential HOA, Phone Number (972) 347-9160
  • Paloma Creek Lakeview Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse
  • Community Mailbox

Recreation

  • Community Playground
  • Community Pool
  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,191

Year Built

Built in 2017

Lot Details

0

HOA Fees

$31 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: Prewired
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: Yes
  • Water Body Name: Lewisville
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 118.97680
  • Special Features: None
  • Year Built: 2017

Interior Features

  • Square Footage: 3362.00
  • Windows: Window Coverings
  • Fireplace Features: Gas Logs
  • Interior Amenities: Cable TV Available, Decorative Lighting, High Speed Internet Available, Sound System Wiring
  • Flooring: Carpet, Ceramic Tile
  • Appliances: Dishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Gas in Kitchen, Plumbed for Ice Maker, Vented Exhaust Fan, Gas Water Heater
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 3
  • Room Count: 14

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Community Features: Club House, Community Pool, Jogging Path/Bike Path, Other, Park, Playground
  • Fencing: Wood
  • Roof: Composition
  • Soil Type: Unknown
  • Construction Materials: Brick, Rock/Stone, Vinyl Siding
  • Exterior Features: Covered Patio/Porch
  • Waterfront: No
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: Garage, Garage Faces Front
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Natural Gas
  • LaundryFeatures: Electric Dryer Hookup, Full Size W/D Area, Washer Hookup
  • Utilities: All Weather Road, Community Mailbox, Concrete, Curbs, Individual Gas Meter, Individual Water Meter, MUD Sewer, MUD Water, Sidewalk, Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Full Use of Facilities, Maintenance Structure, Management Fees
  • Association Fee: 185
  • Association Fee Frequency: Semi-Annual
  • Association Type: Mandatory
  • Hoa Management Company: FIRST SERVICE RESIDENTIAL
  • HOA Management Company: 9723479160

Schools

  • School District: Little Elm ISD
  • Elementary School: Oak Point
  • Middle School: Jerry Walker
  • High School: Little Elm
  • School District: Little Elm ISD
  • Elementary School: Oak Point
  • High School: Little Elm

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Interior Lot, Lrg. Backyard Grass, Sprinkler System
  • Lot Size Units: Acres
  • Lot Size Area: 0.1890
  • Parcel Number: R714208
  • Lot Size Acres: 0.1890
  • Lot Size Sq Ft: 8232.8400

Green Features

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

Building Info

  • Year Built: 2017

Tax Info

  • Unexempt Taxes: 8491
  • TaxBlock: Y
  • Tax Lot: 14

MLS Schools

  • MiddleOrJuniorSchool: Jerry Walker
  • Middle School Name: Jerry Walker
  • Elementary School Name: Oak Point
  • High School Name: Little Elm

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2021
Closed on
May 20, 2021
Sold by
Valdez Manuel D and Acevedo Araceli S
Bought by
Ngufor Marcel
Seller's Agent
Stevie Gibbons
Coldwell Banker Apex, REALTORS
Buyer's Agent
Abamukong Ndifornyen
Texas United Realty
List Price
$370,000
Current Estimated Value
$532,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.30%
Original Mortgage
$380,000
Outstanding Balance
$345,835
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$188,323

Purchase Details

Listed on
Mar 21, 2018
Closed on
Apr 26, 2018
Sold by
D R Horton Texas Ltd
Bought by
Valdez Manuel J and Acevedo Araceli S
Seller's Agent
Derek Phelps
Michael Derek Phelps
Buyer's Agent
Billy Phelps
Ohlig Group Realty
List Price
$319,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%
Original Mortgage
$249,260
Interest Rate
4.44%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Ngufor Marcel -- None Listed On Document
Valdez Manuel J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ngufor Marcel $40,001
Open Ngufor Marcel $380,000
Previous Owner Valdez Manuel $251,500
Previous Owner Valdez Manuel J $249,260
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2021 05/20/21 Sold -- -- --
04/27/2021 04/27/21 Pending -- -- --
04/20/2021 04/20/21 Price Changed $380,000 +2.7% $113 / Sq Ft
04/20/2021 04/20/21 For Sale $370,000 +16.0% $110 / Sq Ft
04/26/2018 04/26/18 Sold -- -- --
03/31/2018 03/31/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $319,000 -- $95 / 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 $10,191 $500,198 $99,998 $400,200
2024 $11,426 $526,053 $99,998 $426,055
2023 $10,402 $534,657 $94,860 $446,140
2022 $11,728 $486,052 $99,998 $386,054
2021 $9,340 $364,003 $72,665 $291,338
2020 $8,638 $328,000 $72,665 $255,335
2019 $8,508 $311,000 $72,665 $238,335
2018 $3,403 $123,838 $72,665 $51,173
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Stevie Gibbons

    Coldwell Banker Apex, REALTORS

    (469) 980-9380

    3 in this area

    54 Total Sales

    Stevie Gibbons
    Section Image

  • A

    Buyer's Agent in 2021

    Abamukong Ndifornyen

    Texas United Realty

    (682) 360-6692

    2 in this area

    58 Total Sales

    Abamukong Ndifornyen
    Section Image

  • D

    Seller's Agent in 2018

    Derek Phelps

    Michael Derek Phelps

    (214) 649-5806

    3,399 Total Sales

    Derek Phelps
    Section Image

  • B

    Buyer's Agent in 2018

    Billy Phelps

    Ohlig Group Realty

See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14559801

North Texas Real Estate Information Systems (NTREIS)

APN: R714208

Texas Denton County Little Elm 75068

1113 Lake Summit Dr, Little Elm, TX

This home is located at 1113 Lake Summit Dr, Little Elm, TX 75068 since 20 April 2021 and is currently estimated at $532,829, approximately $158 per square foot. This property was built in 2017. 1113 Lake Summit Dr is a home located in Denton County with nearby schools including Oak Point Elementary School, Jerry R. Walker Middle School, and Little Elm High School.

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