NOT LISTED FOR SALE

1120 Merlot Dr Southlake, TX 76092

Estimated Value: $1,446,694 - $1,582,000

5 Beds
4 Baths
4,681 Sq Ft
$324/Sq Ft Est. Value

Last Sold July 26, 2024

Current estimated payment $9,295/month

2 Days on Market

Highlights

  • Heated In Ground Pool
  • Built-In Refrigerator
  • 3 Fireplaces
  • Old Union Elementary School Rated A+
  • Wood Flooring
  • Tennis Courts

About This Home

As of July 2024

ABSOLUTELY EXQUISITE MITCHAM CUSTOM HOME IN EXCLUSIVE AND DESIRABLE VERSAILLES, SOUTHLAKE! THIS FABULOUS CUSTOM HOME FEATURES THE HIGH QUALITY CONSTRUCTION AND EXCEPTIONAL FLOOR PLANS MITCHAM CUSTOM HOMES IS RENOWN FOR, AND IS IDEALLY LOCATED IN ONE OF SOUTHLAKES MOST SOUGHT AFTER COMMUNITIES! COMMUNITY AMENITIES INCLUDE A BEAUTIFUL POOL AND TENNIS COURTS. THIS STUNNER SITS ON A LARGE, PRIVATE LOT WITH COVERED PATIO, HEATED POOL AND SPA, PLUS LARGE, OPEN GRASS AREAS FOR PLAYING AND ENTERTAINING. THE MAGNIFICENT FLLOR PLAN FEATURES AN OVER SIZED MASTER SUITE ON THE MAIN FLOOR, ALONG WITH A GUEST BEDROOM, INCREDIBLE OFFICE, FORMAL DINING ROOM, FORMAL LIVING ROOM, FAMILY ROOM, OPEN KITCHEN AND BREAKFAST AREA, ALL WITH LOVELY VIEWS OF THE PROPERTY. UPSTAIRS FEATURES A SECOND OFFICE, HUGE GAME AND MEDIA ROOM AND ADDITIONAL BEDROOMS! ALL THIS AND WALKING DISTANCE TO SOUTHLAKE TOWN SQUARE AND SOME OF THE AREAS BEST DINING, SHOPPING AND ENTERTAINMENT! ENJOY EXEMPLARY CARROLL I.S.D. SCHOOLS!

Last Agent to Sell the Property

Thomas Michael

DFW Elite Realty Brokerage Phone: 817-807-6555 License #0620597 Listed on: 06/20/2024

Last Buyer's Agent

Sameer Barakoti

Fishtail Realty LC License #0664541

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,171

Year Built

  • Built in 2000

Lot Details

  • 0.46

HOA Fees

  • $81 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 4,681 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • 3 Fireplaces
  • Gas Log Fireplace
  • Stone Fireplace
  • Washer and Gas Dryer Hookup

Kitchen

  • Double Convection Oven
  • Electric Oven
  • Gas Cooktop
  • Warming Drawer
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Home Security

  • Security System Owned
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Gunite Pool

Schools

  • Oldunion Elementary School
  • Carroll High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Underground Utilities
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • 0.46 Acre Lot

Listing and Financial Details

  • Legal Lot and Block 13 / 6
  • Assessor Parcel Number 07608586

Community Details

Overview

  • Association fees include all facilities, management
  • Versailles Of Southlake Association
  • Versailles Add Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,171

Year Built

Built in 2000

Lot Details

0

HOA Fees

$81 per month

Parking

3

Listing Details

  • OWNERNAME: ON FILE
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached
  • Unit Levels: Two
  • Security: Security System Owned, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Attribution Contact: 817-807-6555
  • Co List Office Mls Id: DFEL01
  • Structure Type: House
  • HumanModifiedYN: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48439:07608586
  • Special Features: VirtualTour

Interior Features

  • Square Footage: 4681.0
  • Fireplace Features: Gas Log, Stone
  • Interior Amenities: Built-in Features, Cable TV
  • Flooring: Carpet, Ceramic Tile, Wood
  • Appliances: Some Gas Appliances, Built-In Refrigerator, Convection Oven, Double Oven, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Microwave, Plumbed For Gas, Vented Exhaust Fan, Warming Drawer
  • Basement YN: No
  • Fireplaces: 3

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 5

Exterior Features

  • Foundation: Slab
  • Community Features: Pool, Tennis Court(s), Curbs
  • Roof: Composition
  • Pool Features: Gunite, Heated, In Ground, Pool, Community
  • Patio And Porch Features: Covered, Patio
  • RoadFrontageType: All Weather Road

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s), Electric
  • Garage Spaces: 3.0
  • Total Covered Spaces: 3.0
  • Parking Features: Garage
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Natural Gas
  • LaundryFeatures: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
  • Utilities: Natural Gas Available, Sewer Available, Separate Meters, Underground Utilities, Water Available, Cable Available
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Fee Includes: All Facilities, Association Management
  • Association Fee: 970.0
  • Association Fee Frequency: Annually
  • Association Name: VERSAILLES OF SOUTHLAKE

Schools

  • Elementary School: Oldunion
  • High School: Carroll
  • Junior High Dist: Carroll ISD

Lot Info

  • PropertyAttachedYN: No
  • Lot Size Units: Acres
  • Lot Size Area: 0.46
  • Parcel Number: 07608586
  • Lot Size Acres: 0.46
  • Lot Size Sq Ft: 20037.6

Building Info

  • Year Built: 2000

Tax Info

  • TaxBlock: 6
  • Tax Lot: 13
  • Tax Annual Amount: 16171.0

MLS Schools

  • MiddleOrJuniorSchool: Dawson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Jul 25, 2024
Sold by
Jose And Eduarda Freitas Revocable Trust and Freitas Jose Carlos
Bought by
Dhaubanjar Naresh and Dhaubanjar Nilu
Seller's Agent
Thomas Michael
DFW Elite Realty
Buyer's Agent
Sameer Barakoti
Fishtail Realty LC
List Price
$1,499,880
Views
28
Current Estimated Value
$1,515,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.80%
Original Mortgage
$1,180,000
Outstanding Balance
$1,165,798
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$350,126

Purchase Details

Closed on
Jul 20, 2022
Sold by
Goncalves Freitas Jose Carlos
Bought by
Jose And Eduarda Freitas Revocable Trust

Purchase Details

Closed on
May 3, 2013
Sold by
Cahill Richard M and Cahill Margaret Ann
Bought by
Freitas Jose C and Freitas Eduarda Horta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2000
Sold by
Mitcham Homes Llc
Bought by
Cahill Richard M

Purchase Details

Closed on
Apr 27, 2000
Sold by
Versailles Iii Ltd
Bought by
Mitcham Homes Llc
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
Dhaubanjar Naresh -- Independence Title
Jose And Eduarda Freitas Revocable Trust -- None Listed On Document
Freitas Jose C -- None Available
Cahill Richard M -- American Title Co
Mitcham Homes Llc -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dhaubanjar Naresh $1,180,000
Previous Owner Freitas Jose C $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2024 07/26/24 Sold -- -- --
06/23/2024 06/23/24 Pending -- -- --
06/20/2024 06/20/24 For Sale $1,499,880 -- $320 / 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 $14,779 $1,239,848 $344,850 $894,998
2024 $14,779 $1,239,848 $344,850 $894,998
2023 $14,247 $1,500,000 $344,850 $1,155,150
2022 $17,400 $1,083,000 $229,900 $853,100
2021 $16,718 $845,000 $229,900 $615,100
2020 $15,322 $666,569 $206,910 $459,659
2019 $18,282 $755,000 $150,000 $605,000
2018 $15,980 $700,000 $150,000 $550,000
2017 $17,350 $700,000 $150,000 $550,000
2016 $17,602 $727,903 $150,000 $577,903
2015 $16,162 $645,600 $90,000 $555,600
2014 $16,162 $645,600 $90,000 $555,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20651403

North Texas Real Estate Information Systems (NTREIS)

APN: 07608586