NOT LISTED FOR SALE

1401 Cedar Springs Dr Prosper, TX 75078

Estimated Value: $916,000 - $1,042,000

4 Beds
3.5 Baths
4,190 Sq Ft
$235/Sq Ft Est. Value

Last Sold April 08, 2020

Current estimated payment $7,009/month

23 Days on Market

Highlights

  • Heated In Ground Pool
  • Dual Staircase
  • Traditional Architecture
  • R. Steve Folsom Elementary School Rated A
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of April 2020

Situated on an oversized lot of a double cul de sac street, this amazing Newcastle home is a delight to tour from the moment you enter. You will enjoy the tranquil views of the backyard oasis from all your favorite rooms in the house. Light floods through the floor to ceiling windows in the Texas size den and features a beautiful stone fireplace with a hearth to anchor the room. Ideal floor plan fo everyday living & entertaining with numerous living spaces inside and out. Resort style backyard with lush landscape including palm trees, a sparkling pool, w waterfall & a pergola to relax in the shade. Extra flatwork outside of the 3 car garage makes getting in and out perfect for a multiple drivers!

Last Agent to Sell the Property

Lori West

Compass RE Texas, LLC License #0471556 Listed on: 02/14/2020

Compass RE Texas, LLC

Last Buyer's Agent

Rebecca Williams

Brent King Group License #0537379

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,198

Year Built

  • Built in 2005

Lot Details

  • 0.36 Acre Lot
  • Wood Fence
  • Landscaped
  • Sprinkler System
  • Few Trees
  • Large Grassy Backyard

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 4,190 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Wired For A Flat Screen TV
  • Vaulted Ceiling
  • Decorative Lighting
  • Gas Log Fireplace
  • Plantation Shutters
  • Security System Owned

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Full Size Washer or Dryer
  • Electric Dryer Hookup

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Pool Water Feature
  • Pool Sweep

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • R Steve Folsom Elementary School
  • Lorene Rogers Middle School
  • Prosper High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 8 / 8
  • Assessor Parcel Number R860000800801
  • $12,555 per year unexempt tax

Community Details

Overview

  • Association fees include full use of facilities, management fees
  • Allied HOA
  • Lakes Of La Cima Ph Two Subdivision
  • Mandatory home owners association

Recreation

  • Community Pool
  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,198

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
  • Architectural Style: Traditional
  • Structural Style: Single Detached
  • Unit Levels: Two
  • Security: Burglar, Security System Owned
  • 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: 140.81146
  • Special Features: None
  • Year Built: 2005

Interior Features

  • Square Footage: 4190.00
  • Windows: Plantation Shutters, Window Coverings
  • Fireplace Features: Gas Logs, Gas Starter
  • Interior Amenities: Decorative Lighting, Flat Screen Wiring, High Speed Internet Available, Multiple Staircases, Vaulted Ceiling(s)
  • Flooring: Carpet, Ceramic Tile, Wood
  • Appliances: Dishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Gas in Kitchen, Plumbed for Ice Maker
  • Fireplaces: 1
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 3
  • Room Count: 16

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Pool: Yes
  • Foundation: Slab
  • Community Features: Community Pool, Jogging Path/Bike Path, Park
  • Fencing: Wood
  • Roof: Composition
  • Soil Type: Unknown
  • Construction Materials: Brick
  • Exterior Features: Covered Patio/Porch, Rain Gutters
  • Pool Features: Gunite, Heated, In Ground, Pool Sweep, Water Feature
  • Waterfront: No
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Central Air, Electric
  • Garage Spaces: 3
  • Total Covered Spaces: 3
  • Parking Features: Garage Door Opener, Garage Faces Side
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Natural Gas
  • LaundryFeatures: Electric Dryer Hookup, Full Size W/D Area
  • Utilities: City Sewer, City Water, Sidewalk, Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Full Use of Facilities, Management Fees
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: Allied HOA
  • HOA Management Company: 555-555-5555

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Few Trees, Landscaped, Lrg. Backyard Grass, Sprinkler System, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 0.3600
  • Parcel Number: R860000800801
  • Lot Size Acres: 0.3600
  • Lot Size Sq Ft: 15681.6000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2005

Tax Info

  • Unexempt Taxes: 12555
  • TaxBlock: 8
  • Tax Lot: 8

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2020
Closed on
Apr 7, 2020
Sold by
Sovereign John Scott and Sovereign Sharon Lynn
Bought by
Sabonis Kevin and Sabonis Sharlene
Seller's Agent
Lori West
Compass RE Texas, LLC
Buyer's Agent
Rebecca Williams
Brent King Group
List Price
$599,000
Current Estimated Value
$983,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.66%
Original Mortgage
$472,000
Outstanding Balance
$419,041
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$564,584

Purchase Details

Closed on
Feb 15, 2019
Sold by
Sovereign John Scott and Sovereign Sharon Lynn
Bought by
Sovereign John Scott and Sovereign Sharon Lynn

Purchase Details

Closed on
Jul 26, 2013
Sold by
Esnard Steve and Esnard Cristy
Bought by
Sovereign John Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,500
Interest Rate
4.49%

Purchase Details

Closed on
Oct 28, 2005
Sold by
Pdc 380 Prosper Ltd
Bought by
Newcastle Homes Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,800
Interest Rate
5.92%
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
Sabonis Kevin -- Rtt
Sovereign John Scott -- None Available
Sovereign John Scott -- None Available
Newcastle Homes Ltd -- American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sabonis Kevin $472,000
Previous Owner Sovereign John Scott $65,000
Previous Owner Sovereign John Scott $282,500
Previous Owner Esnard Steve $417,000
Previous Owner Esnard Steve $50,056
Previous Owner Esnard Steve $57,597
Previous Owner Newcastle Homes Ltd $280,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2020 04/08/20 Sold -- -- --
03/08/2020 03/08/20 Pending -- -- --
02/14/2020 02/14/20 For Sale $599,000 -- $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 $19,198 $964,354 $235,000 $737,790
2023 $19,198 $803,628 $215,000 $588,628
2022 $16,468 $753,131 $200,000 $553,131
2021 $12,761 $574,920 $130,000 $444,920
2020 $12,575 $536,342 $130,000 $406,342
2019 $13,131 $535,512 $120,000 $415,512
2018 $13,100 $532,080 $120,000 $412,080
2017 $12,002 $487,492 $120,000 $367,492
2016 $11,778 $474,985 $110,000 $364,985
2015 $10,365 $457,420 $110,000 $347,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14277145

North Texas Real Estate Information Systems (NTREIS)

APN: R-8600-008-0080-1