NOT LISTED FOR SALE

1225 Lake Terrace Dr Elgin, TX 78621

Estimated Value: $313,000 - $348,000

2 Beds
2 Baths
1,723 Sq Ft
$193/Sq Ft Est. Value

Last Sold July 16, 2020

Current estimated payment $2,547/month

120 Days on Market

Highlights

  • Family Room with Fireplace
  • Walk-In Closet
  • Tile Flooring
  • Workshop
  • Patio
  • Outdoor Storage

About This Home

As of July 2020

Great single story home on .52 acre lot. Large Pecan trees, circle drive, and large backyard. Close to major roads , shopping and schools. Home is tucked away in older neighborhood. Home has some great little features that are a must see. No HOA.

Last Agent to Sell the Property

Kelly Koenning

Jeanette Shelby, Realtors License #0501459 Listed on: 01/27/2020

Last Buyer's Agent

Sandy Smith

Jeanette Shelby, Realtors License #0496418

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,837

Year Built

  • Built in 1967

Lot Details

  • Level Lot

Home Design

  • House
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,723 Sq Ft Home
  • Family Room with Fireplace
  • Workshop

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Central Heating
  • Electricity To Lot Line

Listing and Financial Details

  • Legal Lot and Block 17 / 4
  • Assessor Parcel Number R13316
  • 3% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,837

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: House
  • Access Instructions: Animal(s) On Property, Key In Lockbox
  • Exclusions: Homestead
  • Guest Accommodations: No
  • Restrictions: Yes
  • Total Sq Ft: 1723
  • Steps: No Exterior Steps, No Interior Steps
  • Stories: 1
  • Year Built Exception: Resale
  • Restrictions Type: City Restrictions
  • Year Built: 1967
  • Ratio Close Price By List Price: 0.96530
  • Ratio Close Price By Original Li: 0.90407
  • Ratio Close Price By Sq Ft: 123.25
  • Ratio Current Price By Lot Size: 406055.45
  • Ratio Current Price By Sq Ft: 123.25
  • Ratio List Price By Sq Ft: 127.68
  • Special Features: None
  • Year Built: 1967

Interior Features

  • Disability Features: No
  • Faces: North
  • Master Description: Full Bath
  • Kitchen: Galley Type
  • Main Level Bedrooms: 2
  • Interior Amenities: Indoor Utilities, Walk-In Closet
  • Dining Description: Formal Dining Room
  • Laundry Facilities: Main Level
  • Sprinkler System: No
  • Flooring: Carpet, Tile - Hard
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Family Room
  • Kitchen Appliances: Dishwasher, Disposal
  • Master Main: Yes
  • Num Dining: 1
  • Fireplaces: 1
  • Num Living: 1
  • Num Parking Spaces: 8

Exterior Features

  • Fence: Chain Link
  • Pool on Property: No
  • Trees: Medium (20 Ft - 40 Ft)
  • Waterfront: No
  • Exterior Features: Patio-Uncovered, Storage Building, Workshop
  • Roof: Composition Shingle
  • Construction: All Sides Masonry
  • Horses Allowed On Property: No
  • Water Access: No
  • Foundation: Slab
  • Spa Hot Tub: No

Garage/Parking

  • Parking Features: 2 Car Carport

Utilities

  • Cooling: Central Air
  • Sewer: City On Property
  • Utilities: Electricity On Property
  • Heating: Central Heat
  • Water Source: City

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Elgin ISD
  • School District: Elgin ISD
  • Elementary A: Elgin
  • Intermediary: Yes
  • Middle Intermediate School: Elgin
  • High School: Elgin

Lot Info

  • F E M A100 Yr Flood Plain: Unknown
  • Lot Features: Level
  • Lot Size Area: 0.523
  • Parcel Number: R13316
  • M A P S C O Grid: M
  • M A P S C O Page: 311

Tax Info

  • Tax Block: 4
  • Tax Filled Sqft Total: 1723
  • Tax Lot: 17
  • Tax Rate: 2.95002000000000
  • Tax Amount: 6653.00
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2020
Closed on
Jul 15, 2020
Sold by
Howell Ashton N and Howell James C
Bought by
Carr Adam
Seller's Agent
Kelly Koenning
Jeanette Shelby, Realtors
Buyer's Agent
Sandy Smith
Jeanette Shelby, Realtors
List Price
$220,000
Current Estimated Value
$332,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.18%
Original Mortgage
$191,130
Outstanding Balance
$169,859
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$163,067

Purchase Details

Listed on
May 27, 2016
Closed on
Sep 9, 2016
Sold by
Mcelhanon Naomi F
Bought by
Howell Ashton N and Howell James C
Seller's Agent
Art Wilkerson
JPAR Austin
Buyer's Agent
Kelly Koenning
Jeanette Shelby, Realtors

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.38%
Original Mortgage
$155,200
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 2, 2014
Closed on
Jul 30, 2014
Sold by
Schroeden Kathy A and Jackson Ronnie Gene
Bought by
Mcelhanon Naomi F
Seller's Agent
Krista Emmons Bradley
Classic Realty Of Texas, LLC
Buyer's Agent
Debra Cole
All City Real Estate Ltd. Co
List Price
$179,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.68%
Original Mortgage
$113,500
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2008
Sold by
Mcclendon Bobby Joe
Bought by
Schroeder Kathy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,600
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
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
Carr Adam -- Austin Title Company
Howell Ashton N -- Independence Title
Mcelhanon Naomi F -- Ttt
Schroeder Kathy A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carr Adam $191,130
Previous Owner Howell Ashton N $155,200
Previous Owner Mcelhanon Naomi F $113,500
Previous Owner Schroeder Kathy A $28,250
Previous Owner Schroeder Kathy A $10,500
Previous Owner Schroeder Kathy A $107,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2020 07/16/20 Sold -- -- --
05/26/2020 05/26/20 Pending -- -- --
05/11/2020 05/11/20 For Sale $220,000 0.0% $128 / Sq Ft
05/06/2020 05/06/20 Pending -- -- --
04/21/2020 04/21/20 Price Changed $220,000 -4.3% $128 / Sq Ft
02/10/2020 02/10/20 Price Changed $229,900 -2.1% $133 / Sq Ft
01/27/2020 01/27/20 For Sale $234,900 +30.6% $136 / Sq Ft
09/09/2016 09/09/16 Sold -- -- --
05/30/2016 05/30/16 Pending -- -- --
05/27/2016 05/27/16 Off Market -- -- --
07/30/2014 07/30/14 Sold -- -- --
06/28/2014 06/28/14 Pending -- -- --
03/02/2014 03/02/14 For Sale $179,900 -- $104 / Sq Ft
Source: Unlock MLS (Austin 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
2025 $8,837 $345,836 $159,367 $186,469
2023 $8,837 $368,605 $159,367 $209,238
2022 $8,766 $342,963 $127,448 $215,515
2021 $5,991 $209,330 $42,863 $166,467
2020 $6,470 $219,326 $66,346 $152,980
2019 $6,725 $225,539 $66,348 $159,191
2018 $6,678 $223,524 $45,600 $188,088
2017 $6,081 $203,204 $45,600 $157,604
2016 $5,618 $187,718 $45,600 $152,666
2015 $3,741 $170,653 $45,600 $125,053
2014 $3,741 $127,860 $39,900 $87,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 6616793

Unlock MLS (Austin Board of REALTORS®)

APN: 13316