NOT LISTED FOR SALE

1321 Cedar Springs Dr Prosper, TX 75078

Estimated Value: $802,000 - $881,928

4 Beds
3 Baths
3,541 Sq Ft
$242/Sq Ft Est. Value

Last Sold August 27, 2020

Current estimated payment $6,235/month

9 Days on Market

Highlights

  • Community Lake
  • Wood Flooring
  • Covered Patio or Porch
  • R. Steve Folsom Elementary School Rated A
  • Community Pool
  • Double Oven

About This Home

As of August 2020

Beautifully maintained Prosper ISD home in Lakes of La Cima! New Roof 2019. Huge backyard with front and back landscaping. Great outdoor entertaining space. Landscape lighting creates welcoming ambiance. Gorgeous iron front door. Hardwoods down, tiled kitchen and baths, carpeted bedrooms. Updated master retreat with incredible bathroom and custom closet. 2 bedrooms down, 2 bedrooms up. Media room currently used as play room and guest room. Office built-ins and huge storage closet. Great storage throughout. Large walk-in closets in all bedrooms. 3 car garage with epoxy floor. Easy access to 380, Preston, and DNT. Golf cart ride away from the childcare, parks, stocked fishing ponds, 2 swimming pools, splash pad.

Last Agent to Sell the Property

Micah Evans

Coldwell Banker Realty Frisco License #0719896 Listed on: 07/24/2020

Coldwell Banker Realty Frisco

Last Buyer's Agent

Joseph Rider

Joe Rider Real Estate License #0600820

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,200

Year Built

  • Built in 2005

Lot Details

  • 0.35 Acre Lot
  • Wood Fence
  • Landscaped
  • Interior Lot
  • Sprinkler System
  • Large Grassy Backyard

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,541 Sq Ft Home
  • 2-Story Property
  • Sound System
  • Wired For A Flat Screen TV
  • Decorative Lighting
  • Gas Log Fireplace
  • Window Treatments

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Security System Leased
  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit
  • Attached Grill
  • Rain Gutters

Schools

  • R Steve Folsom Elementary School
  • Lorene Rogers Middle School
  • Rock Hill High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 5 / 8
  • Assessor Parcel Number R860000800501
  • $11,052 per year unexempt tax

Community Details

Overview

  • Association fees include full use of facilities, maintenance structure
  • First Residential Service HOA, Phone Number (214) 871-9700
  • Lakes Of La Cima Ph Two Subdivision
  • Mandatory home owners association
  • Community Lake

Recreation

  • Community Playground
  • Community Pool
  • Park

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,200

Year Built

Built in 2005

Lot Details

0

HOA Fees

$50 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structural Style: Single Detached
  • Unit Levels: Two
  • Security: Burglar, Carbon Monoxide Detector(s), Fire Alarm, Security System Leased, Prewired, Security Service, 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: 141.20305
  • Special Features: None
  • Year Built: 2005

Interior Features

  • Square Footage: 3541.00
  • Windows: Window Coverings
  • Fireplace Features: Gas Logs, Gas Starter
  • Interior Amenities: Cable TV Available, Decorative Lighting, Flat Screen Wiring, High Speed Internet Available, Smart Home System, Sound System Wiring
  • Flooring: Carpet, Ceramic Tile, Wood
  • Appliances: Dishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Microwave, Plumbed for Ice Maker, Vented Exhaust Fan
  • Fireplaces: 1
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 3
  • Room Count: 4

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Community Features: Community Pool, Lake, Park, Playground
  • Fencing: Wood
  • Roof: Composition
  • Soil Type: Unknown
  • Construction Materials: Brick
  • Exterior Features: Attached Grill, Covered Patio/Porch, Fire Pit, Rain Gutters
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Cooling System: Central Air, Electric
  • Garage Spaces: 3
  • Total Covered Spaces: 3
  • Parking Features: 2-Car Single Doors, Oversized
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Natural Gas
  • Utilities: City Sewer, City Water, Concrete, Individual Gas Meter, Individual Water Meter, Sidewalk

Condo/Co-op/Association

  • HOA Fee Includes: Full Use of Facilities, Maintenance Structure
  • Association Fee: 150
  • Association Fee Frequency: Quarterly
  • Association Type: Mandatory
  • Hoa Management Company: First Residential Service
  • HOA Management Company: 214-871-9700

Schools

  • School District: Prosper ISD
  • Elementary School: R Steve Folsom
  • Middle School: Lorene Rogers
  • High School: Rock Hill
  • School District: Prosper ISD
  • Elementary School: R Steve Folsom
  • High School: Rock Hill

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Interior Lot, Landscaped, Lrg. Backyard Grass, Sprinkler System
  • Lot Size Units: Acres
  • Lot Size Area: 0.3500
  • Parcel Number: R860000800501
  • Lot Size Acres: 0.3500
  • Lot Size Sq Ft: 15246.0000

Green Features

  • Smart Home Features Appor Pass Y: Yes

Building Info

  • Year Built: 2005

Tax Info

  • Unexempt Taxes: 11052
  • TaxBlock: 8
  • Tax Lot: 5

MLS Schools

  • MiddleOrJuniorSchool: Lorene Rogers
  • Middle School Name: Lorene Rogers
  • Elementary School Name: R Steve Folsom
  • High School Name: Rock Hill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Aug 27, 2020
Sold by
Scherer Matthew Farrell and Scherer Kristen Renee
Bought by
Kreuter Matthew and Kreuter Meagan
Seller's Agent
Micah Evans
Coldwell Banker Realty Frisco
Buyer's Agent
Joseph Rider
Joe Rider Real Estate
List Price
$508,000
Current Estimated Value
$856,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.07%
Original Mortgage
$400,000
Outstanding Balance
$355,779
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$500,953

Purchase Details

Closed on
Dec 28, 2009
Sold by
Dodge Brian and Dodge Jennifer
Bought by
Scherer Matthew Farrell and Scherer Kristen Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,600
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2006
Sold by
Graham Hart Ltd
Bought by
Dodge Brian and Dodge Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,350
Interest Rate
6.1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 7, 2005
Sold by
Pdc 380 Prosper Ltd
Bought by
Graham Hart Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
5.65%
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
Kreuter Matthew -- Ort
Scherer Matthew Farrell -- Rtt
Dodge Brian -- Stnt
Graham Hart Ltd -- Stnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kreuter Matthew $60,000
Open Kreuter Matthew $400,000
Closed Kreuter Matthew $400,000
Previous Owner Scherer Matthew Farrell $255,350
Previous Owner Scherer Matthew Farrell $265,600
Previous Owner Dodge Brian $264,350
Previous Owner Graham Hart Ltd $237,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2020 08/27/20 Sold -- -- --
08/02/2020 08/02/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $508,000 -- $143 / 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
2024 $18,200 $914,198 $235,000 $684,862
2023 $18,200 $761,832 $215,000 $546,832
2022 $15,518 $709,691 $200,000 $509,691
2021 $11,291 $508,714 $130,000 $378,714
2020 $11,119 $474,265 $130,000 $344,265
2019 $11,559 $471,402 $120,000 $351,402
2018 $11,492 $466,754 $120,000 $346,754
2017 $10,554 $428,654 $120,000 $308,654
2016 $10,315 $415,987 $110,000 $305,987
2015 $8,743 $399,529 $110,000 $289,529
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14396857

North Texas Real Estate Information Systems (NTREIS)

APN: R-8600-008-0050-1