NOT LISTED FOR SALE

121 Lanai Odessa, TX 79762

Estimated Value: $375,000 - $624,000

4 Beds
3 Baths
3,838 Sq Ft
$143/Sq Ft Est. Value

Last Sold July 24, 2020

Current estimated payment $3,638/month

313 Days on Market

Highlights

  • Spa
  • Corner Lot
  • Covered Patio or Porch
  • Wind Turbine Power
  • High Ceiling
  • Formal Dining Room

About This Home

As of July 2020

Custom Built Home with extraordinary features. 4 Bedrooms, 3 Baths, 2 Living Areas,Plantation Shutter throughout, Office, Media Room with a 90" HD Screen, 2 Fireplaces, Outdoor Kitchen off the living area, Copper Domes, Barrel Ceilings, Hand Stained Painting. Flooring has Travertine and Marble. Large gourmet kitchen with 18 Ft Vaulted ceiling, spacious kitchen cabinets, granite throughout the home. Stereo System wired in all open areas. Tall cinder block fence for privacy.

Last Agent to Sell the Property

Virgil Trower

TROWER REALTORS License #0158477 Listed on: 09/12/2019

Last Buyer's Agent

Melody Villasana

Home Charm Realty, LLC License #0536819

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,116

Year Built

  • Built in 2011

Lot Details

  • 0.28 Acre Lot
  • Landscaped
  • Corner Lot
  • Sprinkler System

Parking

  • 3 Car Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Brick Veneer
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,838 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Thermal Windows
  • Shutters
  • Formal Dining Room
  • Den with Fireplace
  • Security System Owned

Kitchen

  • Oven
  • Electric Cooktop
  • Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Electric Dryer
  • Sink Near Laundry

Eco-Friendly Details

  • Wind Turbine Power

Outdoor Features

  • Spa
  • Covered Patio or Porch

Schools

  • Burnet Elementary School
  • Nimitz Middle School
  • Permian High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Thermostat
  • Multiple Water Heaters
  • Gas Water Heater

Community Details

  • Property has a Home Owners Association
  • The Fountains, 2Nd Filing Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10460.00170.00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,116

Year Built

Built in 2011

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2795
  • Lot Size Sq Ft: 12175.02
  • Road Surface Type: Paved
  • Subdivision Name: The Fountains, 2nd Filing
  • Directions: Tanglewood the The Fountains.
  • Carport Y N: No
  • Garage Yn: Yes
  • Efficiency: Thermostat, Ceiling Fan(s)
  • Green Power: Wind
  • Year Built: 2011
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: More than One Water Heater, Gas Water Heater, Dryer Electric, Electric Cooktop, Microwave, 2+ Ovens
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Den, Other Room
  • Fireplace: Yes
  • Flooring: Tile, Carpet
  • Interior Amenities: Pantry, High Ceilings
  • Living Area: 3838
  • Window Features: Thermopane Window(s), Shutters
  • ResoLivingAreaSource: Owner
  • Dining Room Features: Separate Formal
  • Master Bathroom Features: Separate Tub(s), Sequestered Master, Separate Shower(s), Dual Sinks, Separate Closets

Exterior Features

  • Lot Features: Landscaped, Corner Lot
  • Home Warranty: No
  • Construction Type: Brick Veneer
  • Exterior Features: Auto Sprinkler
  • Foundation Details: Slab
  • Patio And Porch Features: Covered
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Garage Door Opener, Garage, Rear/Side Entry
  • Total Parking Spaces: 3

Utilities

  • Laundry Features: Inside Utility Room, Sink
  • Security: Security System Owned
  • Cooling: Central Air, Zoned, Electric
  • Cooling Y N: Yes
  • Heating: Central, Zoned, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes

Schools

  • Elementary School: Burnet
  • Junior High Dist: Ector
  • High School: Permian
  • Middle Or Junior School: Nimitz

Green Features

Lot Info

  • Parcel #: 10460.00170.00000
  • ResoLotSizeUnits: SquareFeet

Multi Family

Tax Info

  • Tax Annual Amount: 9115.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2019
Closed on
Jul 24, 2020
Sold by
Adimoolam Venkata Vijay Babu and Adimoolam Kiranmayi
Bought by
Lopez Eric and Lopez Maricela G
Seller's Agent
Virgil Trower
TROWER REALTORS
Buyer's Agent
Melody Villasana
Home Charm Realty, LLC
List Price
$616,000
Current Estimated Value
$531,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.37%
Original Mortgage
$400,000
Outstanding Balance
$357,852
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$177,800

Purchase Details

Closed on
Oct 17, 2011
Sold by
Tavarez Oscar and Glover Stacy
Bought by
Adimoolam Venkata Vijay Babu and Adimoolam Kiranmayi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,999
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2010
Sold by
Wyly Brown Construction Co Inc
Bought by
Tavarez Oscar and Glover Stacy
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
Lopez Eric -- Ector County Abstract & Ttl
Adimoolam Venkata Vijay Babu -- Ector County Abstract & Titl
Tavarez Oscar -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Eric $400,000
Previous Owner Adimoolam Venkata $366,400
Previous Owner Adimoolam Venkata Vijay Babu $416,999
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2020 07/24/20 Sold -- -- --
07/22/2020 07/22/20 Pending -- -- --
09/12/2019 09/12/19 For Sale $616,000 -- $161 / Sq Ft
Source: Odessa Board of REALTORS®

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
2024 $8,899 $584,694 $52,231 $532,463
2023 $8,636 $569,171 $52,231 $516,940
2022 $13,029 $563,963 $52,231 $511,732
2021 $12,958 $549,296 $52,231 $497,065
2020 $12,485 $538,368 $52,231 $486,137
2019 $4,207 $515,234 $52,231 $463,003
2018 $11,199 $475,652 $52,231 $423,421
2017 $10,738 $471,451 $52,231 $419,220
2016 $10,467 $471,451 $52,231 $419,220
2015 $9,187 $471,451 $52,231 $419,220
2014 $9,187 $466,069 $52,231 $413,838
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2020

    Virgil Trower

    TROWER REALTORS

    (432) 333-3211

    98 Total Sales

    Section Image
  • Melody Villasana

    Buyer's Agent in 2020

    Melody Villasana

    Home Charm Realty, LLC

    (432) 559-7703

    223 Total Sales

    Section Image
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Map

Source: Odessa Board of REALTORS®

MLS Number: 115444

APN: 10460-00170-00000

Texas Ector County Odessa 79762

121 Lanai, Odessa, TX

This home is located at 121 Lanai, Odessa, TX 79762 since 12 September 2019 and is currently estimated at $548,293, approximately $142 per square foot. This property was built in 2011. 121 Lanai is a home located in Ector County with nearby schools including Blanton Elementary School, Wilson & Young Medal of Honor Middle School, and Permian High School.

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