NOT LISTED FOR SALE

1308 Memory Ln Unit 5122 Arlington, TX 76011

North Arlington Neighborhood

Estimated Value: $173,490 - $178,000

2 Beds
1 Bath
963 Sq Ft
$300/mo HOA Fee

Last Sold November 30, 2023

Current estimated payment $1,544/month

10 Days on Market

Highlights

  • Fitness Center
  • Gated Parking
  • Open Floorplan
  • In Ground Pool
  • Gated Community
  • Clubhouse

About This Home

As of November 2023

The perfect move-in ready condo close to everything Arlington has to offer! Minutes from AT&T Stadium and Globe Life Field. Step inside and be greeted by an open-concept living space with abundant natural light, ideal for entertaining and relaxing. Enjoy your morning coffee or evening sunset on your private balcony, providing a peaceful outdoor space to unwind. With proximity to major employers and schools, this condo is an excellent option for professionals and students. Your HOA fees cover your water, sewer and trash. Amenities include 3 different pools, a club house with racquet ball, tennis courts, and gym. Comes with 2 assigned parking spots.

Last Agent to Sell the Property

Holly Winn

Brooks & Morgan Real Estate Brokerage Phone: 817-907-8699 License #0728432 Listed on: 10/11/2023

Last Buyer's Agent

Katie Ailport

NextHome on Main License #0779238

NextHome on Main

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1983

Lot Details

  • Landscaped
  • Sprinkler System
  • Many Trees

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 963 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wired For A Flat Screen TV
  • Wood Burning Fireplace
  • Decorative Fireplace
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry in Utility Room
  • Full Size Washer or Dryer
  • Washer and Electric Dryer Hookup

Parking

  • 2 Carport Spaces
  • Gated Parking
  • Assigned Parking

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Covered Deck
  • Covered Patio or Porch
  • Outdoor Storage

Schools

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

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5122
  • Assessor Parcel Number 05024536
  • $4,280 per year unexempt tax

Community Details

Overview

  • Association fees include full use of facilities, ground maintenance, maintenance structure, management fees, sewer, water, back yard maintenance, front yard maintenance
  • Cloisters HOA, Phone Number (817) 275-6344
  • Cloisters Condo The Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse
  • Community Mailbox

Recreation

  • Tennis Courts
  • Racquetball
  • Fitness Center
  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1983

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structural Style: Condo/Townhome
  • Unit Levels: One
  • Building Number: 1308
  • Floor Location Number: 2
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Attribution Contact: 817-907-8699
  • Special Features: None
  • Stories: 2

Interior Features

  • Square Footage: 963.00
  • Fireplace Features: Decorative, Living Room, Wood Burning
  • Interior Amenities: Cable TV Available, Eat-in Kitchen, Flat Screen Wiring, Granite Counters, High Speed Internet Available, Open Floorplan, Walk-In Closet(s)
  • Flooring: Carpet, Luxury Vinyl Plank
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 6

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Pool: Yes
  • Foundation: Slab
  • Community Features: Club House, Community Pool, Fitness Center, Gated, Pool, Racquet Ball, Sidewalks, Tennis Court(s)
  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Balcony, Covered Deck, Covered Patio/Porch, Storage
  • Pool Features: Fenced, In Ground, Outdoor Pool
  • Patio And Porch Features: Covered, Deck, Patio

Garage/Parking

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

Utilities

  • Heating: Central, Electric, Fireplace(s)
  • LaundryFeatures: Electric Dryer Hookup, Utility Room, Full Size W/D Area, Washer Hookup
  • Utilities: Cable Available, City Sewer, City Water, Community Mailbox, Sidewalk

Condo/Co-op/Association

  • HOA Fee Includes: Full Use of Facilities, Maintenance Grounds, Maintenance Structure, Management Fees, Sewer, Water, Back Yard Maintenance, Front Yard Maintenance
  • Complex Name: The Cloisters Condos
  • Association Fee: 300
  • Association Fee Frequency: Monthly
  • Association Type: Mandatory
  • Hoa Management Company: Cloisters HOA
  • HOA Management Company: 817-275-6344

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Landscaped, Many Trees, Sprinkler System
  • Lot Size Units: Acres
  • Lot Size Area: 0.0560
  • Parcel Number: 05024536
  • Lot Size Acres: 0.0560
  • Lot Size Sq Ft: 2439.3600

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1983
  • StoriesTotal: 2

Tax Info

  • Unexempt Taxes: 4280
  • Tax Lot: 5122

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2023
Closed on
Nov 30, 2023
Sold by
Holmes Mitchell C
Bought by
Boroff Ryan
Seller's Agent
Holly Winn
Brooks & Morgan Real Estate
Buyer's Agent
Katie Ailport
NextHome on Main
List Price
$180,000
Views
115
Current Estimated Value
$175,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.41%
Original Mortgage
$178,703
Outstanding Balance
$175,810
Interest Rate
7.63%
Mortgage Type
FHA
Estimated Equity
-$65

Purchase Details

Closed on
May 26, 2020
Sold by
Lehew Investments Inc
Bought by
Holmes Mitchell C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2019
Sold by
Phelps Larry and Phelps Margaret
Bought by
Lehew Investments Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Boroff Ryan -- Old Republic National Title In
Holmes Mitchell C -- Mknt
Lehew Investments Inc -- Providence Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boroff Ryan $178,703
Previous Owner Holmes Mitchell C $128,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2023 11/30/23 Sold -- -- --
10/22/2023 10/22/23 Pending -- -- --
10/11/2023 10/11/23 Price Changed $185,000 +2.8% $192 / Sq Ft
10/11/2023 10/11/23 For Sale $180,000 -- $187 / 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 $3,901 $178,496 $30,000 $148,496
2024 $3,901 $178,496 $30,000 $148,496
2023 $3,798 $172,103 $30,000 $142,103
2022 $3,576 $143,776 $13,000 $130,776
2021 $3,436 $132,245 $13,000 $119,245
2020 $3,149 $125,396 $13,000 $112,396
2019 $3,166 $121,869 $13,000 $108,869
2018 $2,457 $94,589 $13,650 $80,939
2017 $2,215 $83,220 $13,650 $69,570
Source: Public Records

Agents Affiliated with this Home

  • Holly Winn

    Seller's Agent in 2023

    Holly Winn

    Brooks & Morgan Real Estate

    (817) 832-1382

    1 in this area

    86 Total Sales

    Holly Winn
    Section Image

  • K

    Buyer's Agent in 2023

    Katie Ailport

    NextHome on Main

    (817) 597-5912

    1 in this area

    7 Total Sales

    Katie Ailport
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20452943

North Texas Real Estate Information Systems (NTREIS)

APN: 05024536

Texas Tarrant County Arlington 76011 North Arlington

1308 Memory Ln Unit 5122, Arlington, TX

Not Listed for Sale

Condos

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