NOT LISTED FOR SALE

136 Lake Terrace Dr Mabank, TX 75156

Estimated Value: $623,000 - $1,041,000

3 Beds
2 Baths
1,751 Sq Ft
$430/Sq Ft Est. Value

Last Sold November 08, 2022

Current estimated payment $4,854/month

7 Days on Market

Highlights

  • Lake Front
  • Boat Ramp
  • Rooftop Deck
  • Docks
  • Boat Slip
  • Gated Community

About This Home

As of November 2022

Located in gated subdivision on 2 waterfront lots with 170 ft of waterfront just off wide cove with open water view and beautiful sunsets. Subdivision is close to Pinnacle Golf and Country Club where golf and social memberships are available. Nice boathouse with 2 full slips and party deck with air conditioned bonus room on top currently used as fun extra sleeping room with cable TV wiring. Home freshly painted and features open concept living with big picture windows across the back. Kitchen with granite countertops, stainless steel appliances and bar seating. Pretty primary bath vanity and large walk in closet. Sit on the covered deck or hang a hammock between the beautiful trees and enjoy the peaceful setting nestled among towering mature trees. Over sized 2 car garage. 2 community boat launches and playground park.

Last Agent to Sell the Property

Debbie French

Ebby Halliday Realtors License #0529891 Listed on: 09/30/2022

Ebby Halliday Realtors

Last Buyer's Agent

Titia Sivils

Mission To Close License #0698532

Mission To Close

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,639

Year Built

  • Built in 1973

Lot Details

  • 9,845 Sq Ft Lot
  • Lot Dimensions are 140x61x170x134
  • Lake Front
  • Chain Link Fence
  • Landscaped
  • Sprinkler System
  • Many Trees

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2-Car Garage with one garage door
  • Front Facing Garage
  • Driveway

Home Design

  • Lake House
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,751 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wired For A Flat Screen TV
  • Ceiling Fan
  • Decorative Lighting
  • Wood Burning Fireplace
  • Brick Fireplace
  • Window Treatments
  • Lake Views

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in Hall
  • Full Size Washer or Dryer
  • Dryer

Outdoor Features

  • Boat Ramp
  • Boat Slip
  • Docks
  • Lake Pump
  • Rooftop Deck
  • Covered Patio or Porch

Schools

  • Malakoff Elementary And Middle School
  • Malakoff High School

Utilities

  • Central Heating and Cooling System
  • Co-Op Water
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 289
  • Assessor Parcel Number 22850000290060
  • $8,732 per year unexempt tax

Community Details

Overview

  • Association fees include full use of facilities
  • Carolynn Estates HOA, Phone Number (469) 400-4095
  • Carolynn Estates Subdivision
  • Mandatory home owners association
  • Community Lake

Recreation

  • Community Playground
  • Park

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,639

Year Built

Built in 1973

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structural Style: Lake House, Resort Property, Single Detached, Vacation Home
  • Unit Levels: One
  • Restrictions: Deed
  • Security: Gated Community
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Water Body Name: Cedar Creek
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Lake Pump Y N: Yes
  • Attribution Contact: 903-340-8590
  • Special Features: None
  • Year Built: 1973

Interior Features

  • Square Footage: 1751.00
  • Windows: Window Coverings
  • Fireplace Features: Brick, Wood Burning
  • Interior Amenities: Built-in Wine Cooler, Cable TV Available, Decorative Lighting, Flat Screen Wiring, Granite Counters, Kitchen Island, Open Floorplan, Walk-In Closet(s)
  • Flooring: Carpet, Ceramic Tile
  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Water Heater, Microwave
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 6

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Community Features: Boat Ramp, Club House, Gated, Lake, Park, Playground
  • Fencing: Chain Link
  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Boat Slip, Covered Patio/Porch, Dock
  • Platted Waterfront Boundary: 170
  • Waterfront: Yes
  • Patio And Porch Features: Covered, Deck, Front Porch, Patio, Roof Top Deck/Patio

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: 2-Car Single Doors, Driveway, Garage Faces Front
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric
  • LaundryFeatures: Electric Dryer Hookup, In Hall, Full Size W/D Area, Washer Hookup
  • Utilities: All Weather Road, Co-op Water, Electricity Connected

Condo/Co-op/Association

  • HOA Fee Includes: Full Use of Facilities
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: Carolynn Estates
  • HOA Management Company: 469-400-4095

Schools

  • School District: Malakoff ISD
  • Elementary School: Malakoff
  • Middle School: Malakoff
  • High School: Malakoff
  • School District: Malakoff ISD
  • Elementary School: Malakoff

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Landscaped, Many Trees, Sprinkler System, Subdivision, Water/Lake View, Waterfront
  • Lot Size Units: Acres
  • Lot Size Area: 0.2260
  • Lot Size: 140x61x170x134
  • Parcel Number: 22850000290060
  • Lot Size Acres: 0.2260
  • Lot Size Sq Ft: 9844.5600

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1973

Tax Info

  • Unexempt Taxes: 8732
  • Tax Lot: 289

Multi Family

  • WaterfrontFeatures: Lake Front, Retaining Wall – Steel

MLS Schools

  • Middle School Name: Malakoff
  • Elementary School Name: Malakoff
  • High School Name: Malakoff

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2022
Closed on
Nov 8, 2022
Sold by
Addkison Taylor
Bought by
Hancher David M and Hancher Brandi J
Seller's Agent
Debbie French
Ebby Halliday Realtors
Buyer's Agent
Titia Sivils
Mission To Close
List Price
$675,000
Views
4
Current Estimated Value
$752,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.94%
Original Mortgage
$451,500
Outstanding Balance
$439,020
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$294,205

Purchase Details

Listed on
Jul 16, 2018
Closed on
Oct 18, 2018
Sold by
Mcgaha Sheri and Mcgaha Rickey
Bought by
Addkison Garland Wayne
Seller's Agent
Jill Sparling
KW-Cedar Creek Lake Properties
Buyer's Agent
Jennifer Anders
Texas Elite Homes, Land + Prop
List Price
$482,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.19%
Original Mortgage
$372,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 16, 2018
Closed on
Oct 16, 2018
Sold by
Mcgaha Sheri and Mcgaha Ricky
Bought by
Addkison Garland Wayne
Seller's Agent
Jill Sparling
KW-Cedar Creek Lake Properties
Buyer's Agent
Jennifer Anders
Texas Elite Homes, Land + Prop
List Price
$482,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 26, 2015
Closed on
Apr 5, 2016
Sold by
Palmer Carlton A and Palmer Ellen H
Bought by
Mcgaha Sheri and Mcgaha Ricky
Seller's Agent
Tammy Hosch
McAtee Realty - Gun Barrel City
Buyer's Agent
LYNSEY GRISSOM
Keller Williams Legacy
List Price
$349,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.31%
Original Mortgage
$231,200
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2009
Sold by
Cullen John A
Bought by
Mcgaha Sheri and Mcgaha Ricky

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2004
Sold by
Hudgins Mary Jo
Bought by
Mcgaha Sheri and Mcgaha Ricky

Purchase Details

Closed on
Jul 30, 2001
Sold by
Hudgins E Nath
Bought by
Mcgaha Sheri and Mcgaha Ricky
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
Hancher David M -- Colonial Title
Addkison Garland Wayne -- Attorneys Title Co
Addkison Garland Wayne -- Attorneys Title Co
Mcgaha Sheri -- Lawyers Title Company
Mcgaha Sheri -- --
Palmer Carlton A -- None Available
Mcgaha Sheri -- --
Mcgaha Sheri -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hancher David M $451,500
Previous Owner Addkison Garland Wayne $372,000
Previous Owner Mcgaha Sheri $231,200
Previous Owner Palmer Carlton A $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2022 11/08/22 Sold -- -- --
10/07/2022 10/07/22 Pending -- -- --
09/30/2022 09/30/22 For Sale $675,000 +40.0% $385 / Sq Ft
10/16/2018 10/16/18 Sold -- -- --
09/27/2018 09/27/18 Pending -- -- --
07/16/2018 07/16/18 For Sale $482,000 +38.1% $275 / Sq Ft
04/05/2016 04/05/16 Sold -- -- --
03/03/2016 03/03/16 Pending -- -- --
03/26/2015 03/26/15 For Sale $349,000 -- $199 / 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 $9,639 $696,119 $382,500 $313,619
2023 $9,625 $679,279 $382,500 $296,779
2022 $19,537 $750,570 $382,500 $368,070
2021 $8,467 $489,330 $204,000 $285,330
2020 $8,599 $478,650 $204,000 $274,650
2019 $8,379 $455,760 $204,000 $251,760
2018 $4,819 $262,100 $153,840 $108,260
2017 $4,793 $259,980 $153,840 $106,140
2016 $4,793 $259,980 $153,840 $106,140
2015 $4,718 $202,140 $96,000 $106,140
2014 $3,622 $202,140 $96,000 $106,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20172705

North Texas Real Estate Information Systems (NTREIS)

APN: 2285-0000-2900-60