NOT LISTED FOR SALE

Estimated Value: $689,000 - $742,000

4 Beds
4 Baths
3,488 Sq Ft
$204/Sq Ft Est. Value

Last Sold March 19, 2021

Current estimated payment $5,414/month

1 Day on Market

Highlights

  • Clubhouse
  • Vaulted Ceiling
  • Community Pool
  • Light Farms Elementary School Rated A-
  • Traditional Architecture
  • Tennis Courts

About This Home

As of March 2021

Beautiful two story home in the highly sought after Light Farms community. It has 4 bedrooms and 4 baths, high ceilings, tile and carpet flooring, a game room, media room, and an outdoor living area. Upscale finish out includes granite counter tops, custom cabinets, stainless steel appliances, plantation shutters, pre-wired 5.1 in family and 7.1 in media room and many more custom features.Community amenities: 200+ events a yr, concerts on the lawn, movie night by the lake. On site elementary school, 13+ miles of trails, 5 pools to tennis courts, gym, private lake, camping, canoeing, dog parks, restaurant and more, it's like having your own country club in your backyard! Welcome to Light Farms and PROSPER ISD!

Last Agent to Sell the Property

Roy Plat

Plat Realty License #0474345 Listed on: 02/22/2021

Last Buyer's Agent

Pallavi Prabhune

Fathom Realty License #0696927

Fathom Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,068

Year Built

  • Built in 2016

Lot Details

  • 5,793 Sq Ft Lot
  • Wood Fence
  • Interior Lot
  • Sprinkler System

HOA Fees

  • $135 Monthly HOA Fees

Parking

  • 2-Car Garage with two garage doors
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3,488 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Decorative Lighting
  • Fireplace With Gas Starter
  • Plantation Shutters

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Light Farms Elementary School
  • Reynolds Middle School
  • Prosper High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 12 / A
  • Assessor Parcel Number R1070600A01201

Community Details

Overview

  • Association fees include full use of facilities, maintenance structure, management fees
  • Light Farms HOA, Phone Number (214) 292-3484
  • Light Farms Ph Four The Graham Neighborhood Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,068

Year Built

Built in 2016

Lot Details

0

HOA Fees

$135 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structural Style: Single Detached
  • Unit Levels: Two
  • Security: Fire Alarm, Security System, Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 151.94954
  • Special Features: None
  • Year Built: 2016

Interior Features

  • Square Footage: 3488.00
  • Windows: Plantation Shutters
  • Fireplace Features: Gas Starter
  • Interior Amenities: Cable TV Available, Decorative Lighting, Vaulted Ceiling(s)
  • Flooring: Carpet, Ceramic Tile
  • Appliances: Dishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed for Ice Maker
  • Fireplaces: 1
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 1
  • Room Count: 10

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Community Features: Club House, Community Pool, Jogging Path/Bike Path, Park, Playground, Tennis Court(s)
  • Fencing: Wood
  • Roof: Composition
  • Soil Type: Unknown
  • Construction Materials: Frame
  • Exterior Features: Covered Patio/Porch, Rain Gutters
  • Waterfront: No
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: 2-Car Double Doors, Garage Door Opener, Garage
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Full Use of Facilities, Maintenance Structure, Management Fees
  • Association Fee: 135
  • Association Fee Frequency: Monthly
  • Association Type: Mandatory
  • Hoa Management Company: Light Farms
  • HOA Management Company: 214-292-3484

Schools

  • School District: Prosper ISD
  • Elementary School: Light Farms
  • Middle School: Reynolds
  • High School: Prosper
  • School District: Prosper ISD
  • Elementary School: Light Farms
  • High School: Prosper

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Interior Lot, Sprinkler System
  • Lot Size Units: Acres
  • Lot Size Area: 0.1330
  • Parcel Number: R1070600A01201
  • Lot Size Acres: 0.1330
  • Lot Size Sq Ft: 5793.4800

Green Features

  • Efficiency: Appliances
  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2016

Tax Info

  • TaxBlock: A
  • Tax Lot: 12

MLS Schools

  • MiddleOrJuniorSchool: Reynolds
  • Middle School Name: Reynolds
  • Elementary School Name: Light Farms
  • High School Name: Prosper

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2021
Closed on
Mar 19, 2021
Sold by
Prashanth Ashwin
Bought by
Bakshi Vaibhav and Bakshi Priyanka
Seller's Agent
Roy Plat
Plat Realty
Buyer's Agent
Pallavi Prabhune
Fathom Realty
List Price
$525,000
Current Estimated Value
$719,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%
Original Mortgage
$434,700
Outstanding Balance
$394,954
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$311,796

Purchase Details

Closed on
Jun 9, 2016
Sold by
American Legend Homes Llc
Bought by
Prashanth Ashwin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,636
Interest Rate
3.66%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Bakshi Vaibhav -- Chicago Title
Prashanth Ashwin -- Republic Title Of Texas
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bakshi Vaibhav $434,700
Previous Owner Prashanth Ashwin $327,636
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2021 03/19/21 Sold -- -- --
02/23/2021 02/23/21 Pending -- -- --
02/22/2021 02/22/21 For Sale $525,000 0.0% $151 / Sq Ft
12/06/2019 12/06/19 Rented $2,900 0.0% --
11/22/2019 11/22/19 Under Contract -- -- --
10/30/2019 10/30/19 For Rent $2,900 -- --
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
2023 $16,068 $670,649 $140,000 $542,418
2022 $16,371 $609,681 $120,000 $489,681
2021 $11,916 $431,797 $90,000 $341,797
2020 $11,521 $400,781 $90,000 $310,781
2019 $12,519 $419,806 $90,000 $329,806
2018 $12,365 $413,245 $90,000 $323,245
2017 $8,340 $429,454 $80,000 $349,454
2016 $1,238 $63,200 $63,200 $0
2015 -- $63,200 $63,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14520575

North Texas Real Estate Information Systems (NTREIS)

APN: R-10706-00A-0120-1