NOT LISTED FOR SALE

1308 Memory Ln Unit 5121 Arlington, TX 76011

North Arlington Neighborhood

Estimated Value: $170,396 - $222,000

2 Beds
2 Baths
1,025 Sq Ft
2,614 Sq Ft Lot

Highlights

  • Fitness Center
  • Gated Community
  • Traditional Architecture
  • Outdoor Pool
  • Clubhouse
  • Tennis Courts

About This Home

As of October 2021

MULTIPLE APPLICATIONS RECEIVED. High-end gated living! 1st-floor Condo in the heart of Arlington's Entertainment District. Minutes to I30, Six Flags, the Ballparks, Hurricane Harbor, Texas Live, HWY360 & the newest shops & food in Nth Arlington. Beautifully maintained by on-site management co. Secure and modern complex offers 3 illuminated pools, spa's, sauna, lighted tennis courts, racquetball, modern gym, and clubhouses. Unit features traditional open concept with large master bedroom, walk-in closet & huge shared bath. SS Kitchen appliances, large private covered patio, and outside storage.

Last Agent to Rent the Property

Sarah Hallum

Highpoint Estates BrokerageLLC License #0684787 Listed on: 10/14/2021

Highpoint Estates BrokerageLLC

Co-Listed By

Jason Shannon

JPAR - Central Metro License #0768302

Last Renter's Agent

Sarah Hallum

Highpoint Estates BrokerageLLC License #0684787 Listed on: 10/14/2021

Highpoint Estates BrokerageLLC

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1983

Lot Details

  • 2,614

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,025 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Carport Spaces
  • Common or Shared Parking
  • Assigned Parking

Schools

  • Peach Elementary School
  • Nichols Middle School
  • Lamar High School

Additional Features

  • Outdoor Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,400
  • Tenant pays for all utilities
  • $35 Application Fee
  • Tax Lot 5121
  • Assessor Parcel Number 05024528

Community Details

Overview

  • Association fees include maintenance structure, management fees
  • Guardian Association Management HOA, Phone Number (972) 458-2200
  • Cloisters Condo The Subdivision
  • Mandatory Home Owners Association

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Racquetball
  • Fitness Center
  • Community Pool

Security

  • Fenced around community
  • Gated Community

Condo Details

Home Type

Condominium

Year Built

Built in 1983

Lot Details

2,614 Sq Ft Lot

Rental Info

  • Deposit Amount: 1400
  • Lease Conditions: Application Fee, Credit Report, Other
  • Lease Type: 1 Year Plus
  • Tenant Pays: All Utilities
  • Application Fee: 35

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Structural Style: Condo/Townhome
  • Unit Levels: One
  • Restrictions: Building, Deed
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • App Fee Plus18 Yrs Y N: Yes
  • Ratio Current Price By Building: 1.36585
  • Special Features: None
  • Year Built: 1983

Interior Features

  • Square Footage: 1025.00
  • Appliances: Electric Range, Microwave, Refrigerator
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 5
  • Appliances: Yes

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Pool: Yes
  • Community Features: Club House, Community Pool, Fitness Center, Gated, Perimeter Fencing, Racquet Ball, Tennis Court(s)
  • Fencing: None
  • Construction Materials: Brick

Garage/Parking

  • Cooling System: Central Air, Electric
  • Carport Spaces: 2
  • Total Covered Spaces: 1
  • Parking Features: Assigned, Common
  • GarageYN: No

Utilities

  • Heating: Central, Electric
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Management Fees
  • Association Type: Mandatory
  • Hoa Management Company: Guardian Association Management
  • HOA Management Company: 972-458-2200

Schools

  • School District: Arlington ISD
  • Elementary School: Peach
  • Junior High School: Nichols
  • High School: Lamar

Lot Info

  • PropertyAttachedYN: No
  • Lot Size Units: Acres
  • Lot Size Area: 0.0600
  • Parcel Number: 05024528
  • Lot Size Acres: 0.0600
  • Lot Size Sq Ft: 2613.6000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1983

Tax Info

  • Tax Lot: 5121

MLS Schools

  • MiddleOrJuniorSchool: Nichols
  • Elementary School Name: Peach
  • High School Name: Lamar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2022
Sold by
Cb Jeni 2020 Llc
Bought by
Newton James Keith
Current Estimated Value
$196,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,992
Outstanding Balance
$258,015
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
-$61,817

Purchase Details

Listed on
Oct 14, 2021
Closed on
Sep 15, 2021
Sold by
Hale Nickolas and Hale Deborah D
Bought by
Watts David Winston
Seller's Agent
Sarah Hallum
Highpoint Estates BrokerageLLC
Buyer's Agent
Sarah Hallum
Highpoint Estates BrokerageLLC

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
2.7%
Mortgage Type
VA

Purchase Details

Closed on
Mar 19, 2020
Sold by
Martin Jesus and Martin Bianca D
Bought by
Hale Deborah D and Hale Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,500
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2009
Sold by
Bruza Douglas Scott
Bought by
Martin Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,732
Interest Rate
4.82%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 15, 2001
Sold by
Bradley Robert C
Bought by
Bruza Douglas Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,375
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 1998
Sold by
Cochran Jay and Cochran Betty
Bought by
Markell Lee J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,500
Interest Rate
7.09%
Mortgage Type
FHA
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
Newton James Keith -- Green Brick Title
Watts David Winston -- Rattikin Title Company
Hale Deborah D -- Alamo Title Company
Martin Jesus -- Alamo Title Co
Bruza Douglas Scott -- Chicago Title Insurance Co
Markell Lee J -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newton James Keith $271,992
Previous Owner Watts David Winston $165,000
Previous Owner Hale Deborah D $100,500
Previous Owner Martin Jesus $68,732
Previous Owner Bruza Douglas Scott $59,375
Previous Owner Markell Lee J $55,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2021 10/18/21 Rented $1,400 0.0% --
10/18/2021 10/18/21 Under Contract -- -- --
10/14/2021 10/14/21 Price Changed $1,400 -12.5% $1 / Sq Ft
10/14/2021 10/14/21 For Rent $1,600 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

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 $4,048 $185,193 $30,000 $155,193
2024 $4,048 $185,193 $30,000 $155,193
2023 $3,939 $178,526 $30,000 $148,526
2022 $3,723 $149,710 $13,000 $136,710
2021 $3,577 $137,681 $13,000 $124,681
2020 $3,278 $130,537 $13,000 $117,537
2019 $3,296 $126,859 $13,000 $113,859
2017 $2,340 $87,918 $14,950 $72,968
Source: Public Records

Agents Affiliated with this Home

  • Sarah Hallum

    Landlord's Agent in 2021

    Sarah Hallum

    Highpoint Estates BrokerageLLC

    (806) 231-2426

    78 Total Sales

    Sarah Hallum
    Section Image

  • J

    Landlord's Co-Listing Agent in 2021

    Jason Shannon

    JPAR - Central Metro

See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14690890

North Texas Real Estate Information Systems (NTREIS)

APN: 05024528

Texas Tarrant County Arlington 76011 North Arlington

1308 Memory Ln Unit 5121, Arlington, TX

Not Listed for Sale

Condos

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