NOT LISTED FOR SALE

1402 Lantern Faith Dr Wylie, TX 75098

Estimated Value: $833,000 - $923,403

5 Beds
3.5 Baths
4,527 Sq Ft
$195/Sq Ft Est. Value

Last Sold September 07, 2023

Current estimated payment $6,627/month

4 Days on Market

Highlights

  • Fitness Center
  • Heated In Ground Pool
  • Clubhouse
  • George W Bush Elementary School Rated A
  • Open Floorplan
  • Living Room with Fireplace

About This Home

As of September 2023

Welcome to the epitome of luxury living with this stunning home on premium oversized corner lot in the award-winning Inspiration community! The perfect blend of elegance and comfort from the moment you step inside. Grand entry features formal living and dining rooms, and family room with floor-to-ceiling stone fireplace in back. Abundantly upgraded kitchen features granite countertops, ss app w dual ovens, floor to ceiling cabinets, oversized food pantry, AND Butlers Pantry! Fridge stays! French doors to Study. Oversized primary suite w luxurious bath! Open Game Room and HUGE Media Room w stepped rows and wetbar! Projector, screen and AV equipment stay! Spacious secondary bedrooms. Outdoor living is perfection with exquisite built-in grill w bar seating, outdoor fp, and motorized shades. Relax in the heated salt water pool overlooking meticulous landscaping! Inspiration features 5 pools, lazy river, fitness center, dog parks, sand volleyball, putting green, zip line, pickelball & MORE!

Last Agent to Sell the Property

Jocelyn Mills

Keller Williams Realty Brokerage Phone: 972-240-4416 License #0686517 Listed on: 08/04/2023

Keller Williams Realty

Last Buyer's Agent

Tim Davis

The Davis Real Estate Group, LLC License #0733458

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,519

Year Built

  • Built in 2018

Lot Details

  • 0.36 Acre Lot
  • Wrought Iron Fence
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Large Grassy Backyard

HOA Fees

  • $99 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage

Home Design

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

Interior Spaces

  • 4,527 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Home Theater Equipment
  • Sound System
  • Built-In Features
  • Ceiling Fan
  • Decorative Lighting
  • Gas Log Fireplace
  • Window Treatments
  • Bay Window
  • Living Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Eat-In Kitchen
  • <<doubleOvenToken>>
  • Built-In Gas Range
  • <<microwave>>
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in Utility Room
  • Gas Dryer Hookup

Home Security

  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Rain or Freeze Sensor
  • Energy-Efficient Thermostat

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Pool
  • Saltwater Pool
  • Pool Water Feature

Outdoor Features

  • Covered patio or porch
  • Outdoor Fireplace
  • Outdoor Living Area
  • Outdoor Kitchen
  • Exterior Lighting
  • Built-In Barbecue
  • Rain Gutters

Location

  • Outside City Limits

Schools

  • George W Bush Elementary School
  • Mcmillan Middle School
  • Davis Middle School
  • Wylie East High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Individual Gas Meter
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 30 / GG
  • Assessor Parcel Number R111270GG03001
  • $14,921 per year unexempt tax

Community Details

Overview

  • Association fees include full use of facilities, management fees
  • Ccmc HOA, Phone Number (469) 522-2120
  • Inspiration Ph 3B 1 Subdivision
  • Mandatory home owners association
  • Greenbelt

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,519

Year Built

Built in 2018

Lot Details

0

HOA Fees

$99 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
  • Restrictions: Deed
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Notice Surveillance Devices Pres: Video
  • Water Body Name: Lavon
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Attribution Contact: 972-240-4416
  • Special Features: None
  • Year Built: 2018

Interior Features

  • Square Footage: 4527.00
  • Windows: Bay Window(s), Window Coverings
  • Fireplace Features: Gas Logs, Living Room, Outside
  • Interior Amenities: Built-in Features, Cable TV Available, Decorative Lighting, Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan, Pantry, Smart Home System, Sound System Wiring, Walk-In Closet(s), Wet Bar
  • Flooring: Carpet, Ceramic Tile
  • Appliances: Built-in Gas Range, Dishwasher, Disposal, Microwave, Double Oven, Tankless Water Heater
  • Basement YN: No
  • Fireplaces: 2
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 4
  • Other Equipment: Home Theater
  • Room Count: 18

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Pool: Yes
  • Foundation: Slab
  • Community Features: Club House, Community Pool, Fitness Center, Greenbelt, Jogging Path/Bike Path, Park, Playground, Pool, Other
  • Fencing: Wood, Wrought Iron
  • Roof: Composition
  • Construction Materials: Brick, Rock/Stone, Siding
  • Exterior Features: Attached Grill, Built-in Barbecue, Covered Patio/Porch, Rain Gutters, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Living Center
  • Pool Features: Gunite, Heated, In Ground, Private, Salt Water, Water Feature
  • Patio And Porch Features: Covered, Front Porch, Patio, Other

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air
  • Garage Spaces: 3
  • Total Covered Spaces: 3
  • Parking Features: Garage Double Door, Garage Single Door, Garage, Garage Faces Side
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Fireplace(s)
  • LaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Utility Room
  • Utilities: City Sewer, City Water, Electricity Connected, Individual Gas Meter, Individual Water Meter, Outside City Limits, Sidewalk, Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Full Use of Facilities, Management Fees
  • Association Fee: 591
  • Association Fee Frequency: Semi-Annual
  • Association Type: Mandatory
  • Hoa Management Company: CCMC
  • HOA Management Company: 469-522-2120

Schools

  • School District: Wylie ISD
  • Elementary School: George W Bush
  • High School: Wylie East
  • School District: Wylie ISD
  • Elementary School: George W Bush
  • Intermediate School: Davis
  • Junior High School: Mcmillan

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Corner Lot, Landscaped, Level, Lrg. Backyard Grass, Sprinkler System
  • Lot Size Units: Acres
  • Lot Size Area: 0.3560
  • Parcel Number: R111270GG03001
  • Lot Size Acres: 0.3560
  • Lot Size Sq Ft: 15507.3600

Green Features

  • Efficiency: Rain / Freeze Sensors, Thermostat, Waterheater
  • Smart Home Features Appor Pass Y: Yes

Building Info

  • Year Built: 2018

Tax Info

  • Unexempt Taxes: 14921
  • TaxBlock: GG
  • Tax Lot: 30

MLS Schools

  • Elementary School Name: George W Bush
  • High School Name: Wylie East

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2023
Closed on
Sep 7, 2023
Sold by
Simkulet David M and Simkulet Cindy Sue
Bought by
Ranganathan Vishnuprabhu and Soundararajan Subhashini
Seller's Agent
Jocelyn Mills
Keller Williams Realty
Buyer's Agent
Tim Davis
The Davis Real Estate Group, LLC
List Price
$935,000
Sold Price
$935,000
Total Days on Market
4
Views
72
Current Estimated Value
$884,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$50,149
Avg. Annual Appreciation
-3.35%
Original Mortgage
$644,000
Outstanding Balance
$633,039
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$244,219

Purchase Details

Closed on
Jul 16, 2018
Sold by
First Texas Homes Inc
Bought by
Simkulet David M and Simkulet Cindy Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$491,657
Interest Rate
4.5%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Ranganathan Vishnuprabhu -- Chicago Title
Simkulet David M -- Sendera Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ranganathan Vishnuprabhu $644,000
Previous Owner Simkulet David M $510,400
Previous Owner Simkulet David M $497,375
Previous Owner Simkulet David M $494,555
Previous Owner Simkulet David M $491,657
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2023 09/07/23 Sold -- -- --
08/09/2023 08/09/23 Pending -- -- --
08/04/2023 08/04/23 For Sale $935,000 -- $207 / 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
2023 $19,519 $623,713 $154,100 $600,589
2022 $14,921 $567,012 $154,100 $514,378
2021 $13,965 $515,465 $115,000 $400,465
2020 $13,930 $498,458 $97,750 $400,708
2019 $13,296 $458,159 $97,750 $360,409
2018 $1,219 $63,750 $63,750 $0
2017 $478 $25,000 $25,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20395200

North Texas Real Estate Information Systems (NTREIS)

APN: R-11127-0GG-0300-1