NOT LISTED FOR SALE

1128 Mount Olive Ln Forney, TX 75126

Estimated Value: $323,000 - $372,000

4 Beds
2 Baths
2,640 Sq Ft
$129/Sq Ft Est. Value

Last Sold June 29, 2022

Current estimated payment $2,483/month

14 Days on Market

Highlights

  • Wood Flooring
  • Tennis Courts
  • 2 Car Attached Garage
  • Community Pool
  • Covered Patio or Porch
  • Central Air

About This Home

As of June 2022

This Forney two-story home offers a patio, and a two-car garage. Home utilities may be turned off due to weather conditions.
This home has been virtually staged to illustrate its potential.

Last Agent to Sell the Property

Feras Rachid

Ready Real Estate License #0675842 Listed on: 05/03/2022

Ready Real Estate

Last Buyer's Agent

Isaac Marchant

Local Realty Agency Fort Worth License #0682633

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,207

Year Built

  • Built in 2006

Lot Details

  • 5,502

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,640 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Lewis Elementary School
  • Brown Middle School
  • North Forney High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Municipal Utilities District

Additional Features

  • Covered Patio or Porch
  • 5,502 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 46 / F
  • Assessor Parcel Number 74875
  • $7,034 per year unexempt tax

Community Details

Overview

  • Association fees include ground maintenance
  • Essex Association Managent, Lp HOA, Phone Number (972) 428-2030
  • Travis Ranch Ph 3A Subdivision
  • Mandatory home owners association

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,207

Year Built

Built in 2006

Lot Details

0

HOA Fees

$30 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structural Style: Single Detached
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: Yes
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Special Features: None
  • Year Built: 2006

Interior Features

  • Square Footage: 2640.00
  • Fireplace Features: Wood Burning
  • Interior Amenities: Other
  • Flooring: Hardwood, Vinyl
  • Appliances: Dishwasher, Microwave
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 2
  • Room Count: 2

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Community Features: Community Pool, Tennis Court(s)
  • Roof: Composition
  • Construction Materials: Brick, Wood, Other
  • Patio And Porch Features: Covered, Front Porch

Garage/Parking

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

Utilities

  • Heating: Natural Gas
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds
  • Association Fee: 360
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: Essex Association Managent, LP
  • HOA Management Company: 9724282030

Schools

  • School District: Forney ISD
  • Elementary School: Lewis
  • Middle School: Brown
  • High School: North Forney
  • School District: Forney ISD
  • Primary School: Forney

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Units: Acres
  • Lot Size Area: 0.1263
  • Parcel Number: 74875
  • Lot Size Acres: 0.1263
  • Lot Size Sq Ft: 5501.6280

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2006

Tax Info

  • Unexempt Taxes: 7034
  • TaxBlock: F
  • Tax Lot: 46

MLS Schools

  • Middle School Name: Brown
  • Elementary School Name: Lewis
  • High School Name: North Forney

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2022
Closed on
Jun 29, 2022
Sold by
Opendoor Property Trust
Bought by
Haile Semere G and Mengistu Mehret G
Seller's Agent
Feras Rachid
Ready Real Estate
Buyer's Agent
Isaac Marchant
Local Realty Agency Fort Worth
List Price
$380,000
Current Estimated Value
$340,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.88%
Original Mortgage
$361,000
Outstanding Balance
$343,978
Interest Rate
5.1%
Mortgage Type
Balloon
Estimated Equity
$2,450

Purchase Details

Closed on
Apr 8, 2022
Sold by
Munguia Juan S and Munguia Rebecca M
Bought by
Opendoor Property Trust I

Purchase Details

Closed on
Jul 26, 2006
Sold by
Rh Of Texas Limited Partnership
Bought by
Munguia Juan S and Munguia Rebecca M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,200
Interest Rate
7.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Haile Semere G -- Hassen Law Pllc
Opendoor Property Trust I -- None Listed On Document
Opendoor Property Trust -- None Listed On Document
Munguia Juan S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haile Semere G $361,000
Previous Owner Munguia Juan S $134,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2022 06/29/22 Sold -- -- --
05/17/2022 05/17/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $380,000 -- $144 / 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 $7,207 $333,259 $75,000 $258,259
2024 $7,207 $352,225 $90,000 $262,225
2023 $9,340 $386,880 $100,000 $286,880
2022 $8,636 $331,419 $70,000 $261,419
2021 $7,152 $254,568 $50,000 $204,568
2020 $6,592 $234,610 $50,000 $184,610
2019 $7,058 $230,760 $50,000 $180,760
2018 $6,919 $240,450 $30,000 $210,450
2017 $6,290 $220,570 $30,000 $190,570
2016 $5,718 $202,970 $30,000 $172,970
2015 $4,885 $169,950 $30,000 $139,950
2014 $4,885 $167,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20048030

North Texas Real Estate Information Systems (NTREIS)

APN: 74875