NOT LISTED FOR SALE

118 Arapaho W Sherman, TX 75092

Estimated Value: $414,000

3 Beds
2 Baths
1,963 Sq Ft
$211/Sq Ft Est. Value

Last Sold June 08, 2022

Current estimated payment $2,784/month

10 Days on Market

Highlights

  • Waterfront
  • Midcentury Modern Architecture
  • Vaulted Ceiling
  • Open Floorplan
  • Community Lake
  • Loft

About This Home

As of June 2022

*Asking for Highest and Best offers to be submitted by Wednesday, May 4th by 5PM!* This beautiful waterfront property is the peaceful place you've been looking for! This one-of-a-kind home is modern with hints to mid-century modern. The open floor plan, loft office space with custom cabinets, and custom accent wall in living room are just some of the things that make this property unique. Enjoy ducks, geese, and other wildlife along with mature trees while also enjoying to convenience of being in the city limits. There are smart home features, Ethernet hardwired to every room, LED mirrors in upstairs bathroom, walk-in closet with custom shelving, and rain shower-head in upstairs bathroom to make this home feel like luxury. Don't hesitate, this won't last long!

Last Agent to Sell the Property

Morgan Hilliard

PARAGON, REALTORS License #0776713 Listed on: 04/25/2022

PARAGON, REALTORS

Last Buyer's Agent

Mark Stevens

The Agency Frisco License #0758688

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,336

Year Built

  • Built in 1986

Lot Details

  • 0.32 Acre Lot
  • Waterfront
  • Landscaped
  • Cleared Lot
  • Few Trees
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Midcentury Modern Architecture
  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,963 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Woodwork
  • Vaulted Ceiling
  • ENERGY STAR Qualified Windows
  • Loft
  • Luxury Vinyl Plank Tile Flooring
  • Washer and Electric Dryer Hookup

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity

Home Security

  • Prewired Security
  • Carbon Monoxide Detectors

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Schools

  • Wakefield Elementary School
  • Sherman High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Stonewood Estates Subdivision
  • Community Lake

Listing and Financial Details

  • Legal Lot and Block 5 & 6 / 4
  • Assessor Parcel Number 162681

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,336

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • OWNERNAME: Cornerstone Investment Capital, LLC
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mid-Century Modern, Traditional, Detached
  • Unit Levels: Two
  • Security: Prewired, Carbon Monoxide Detector(s)
  • Year Built Details: Preowned
  • Co List Office Mls Id: PARA00TO
  • Structure Type: House
  • Special Features: VirtualTour
  • Year Built: 1986

Interior Features

  • Square Footage: 1963.0
  • Interior Amenities: Double Vanity, High Speed Internet, Kitchen Island, Loft, Open Floorplan, Smart Home, Cable TV, Vaulted Ceiling(s), Natural Woodwork, Walk-In Closet(s), Wired for Sound
  • Flooring: Luxury Vinyl Plank
  • Appliances: Dishwasher, Gas Range, Microwave, Tankless Water Heater
  • Basement YN: No
  • Other Equipment: Other

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Slab
  • Community Features: Lake
  • Fencing: None
  • Roof: Shingle
  • Construction Materials: Rock, Stone
  • Exterior Features: Lighting, Rain Gutters
  • Pool Features: None
  • Waterfront: Yes

Garage/Parking

  • Cooling System: Central Air
  • Garage Spaces: 2.0
  • Total Covered Spaces: 2.0
  • Parking Features: Concrete, Door-Single, Driveway, Garage, Garage Door Opener, Garage Faces Side
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Heat Pump
  • LaundryFeatures: Washer Hookup, Electric Dryer Hookup, Laundry in Utility Room
  • Utilities: Natural Gas Available, Sewer Available, Separate Meters, Water Available, Cable Available
  • Heating Yn: Yes

Schools

  • Elementary School: Wakefield
  • High School: Sherman
  • Junior High Dist: Sherman ISD

Green Features

  • Efficiency: Thermostat, Water Heater, Windows

Lot Info

  • PropertyAttachedYN: No
  • Lot Features: Back Yard, Cleared, Lawn, Landscaped, Pond on Lot, Few Trees, Waterfront, Retaining Wall
  • Lot Size Units: Acres
  • Lot Size Area: 0.3207
  • Parcel Number: 162681
  • Lot Size Acres: 0.3207
  • Lot Size Sq Ft: 13969.69

Building Info

  • Year Built: 1986
  • SeniorCommunityYN: No

Tax Info

  • TaxBlock: 4
  • Tax Lot: 5 & 6

Multi Family

  • WaterfrontFeatures: Waterfront

MLS Schools

  • MiddleOrJuniorSchool: Piner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2022
Closed on
Jun 6, 2022
Sold by
Cornerstone Investment Capital Llc
Bought by
Drobny Brian
Seller's Agent
Morgan Hilliard
PARAGON, REALTORS
Buyer's Agent
Mark Stevens
The Agency Frisco
List Price
$379,997
Current Estimated Value
$414,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Outstanding Balance
$299,713
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$114,287

Purchase Details

Listed on
Jul 23, 2020
Closed on
Sep 8, 2020
Sold by
Cambell Mark W and Estate Of Lillian Maurine Camp
Bought by
Cornerstone Investment Capital Llc
Seller's Agent
Brittany Dodson
RE/MAX Signature Properties
Buyer's Agent
Cory Meals
eXp Realty LLC
List Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
2.9%
Mortgage Type
Small Business Administration
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
Drobny Brian -- New Title Company Name
Cornerstone Investment Capital Llc -- Red River Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drobny Brian $315,000
Previous Owner Cornerstone Investment Capital Llc $210,000
Previous Owner Cornerstone Investment Capital Llc $180,000
Previous Owner Campbell Lillian M $25,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2022 06/08/22 Sold -- -- --
05/05/2022 05/05/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $379,997 +204.0% $194 / Sq Ft
09/09/2020 09/09/20 Sold -- -- --
07/27/2020 07/27/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $125,000 -- $79 / 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 $6,336 $363,290 $74,320 $288,970
2024 $7,786 $355,013 $75,298 $279,715
2023 $6,182 $347,535 $75,438 $272,097
2022 $5,157 $220,040 $21,654 $198,386
2021 $3,292 $131,348 $24,029 $107,319
2020 $2,009 $76,559 $3,520 $73,039
2019 $1,768 $65,591 $1,313 $64,278
2018 $1,436 $57,254 $1,257 $55,997
2017 $529 $21,257 $1,257 $20,000
2016 $1,721 $21,257 $1,257 $20,000
2015 $2,734 $110,063 $12,573 $97,490
2014 -- $102,718 $12,573 $90,145
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20040009

North Texas Real Estate Information Systems (NTREIS)

APN: 162681