NOT LISTED FOR SALE

1433 Torrent Dr Little Elm, TX 75068

Estimated Value: $571,933 - $618,000

5 Beds
3 Baths
3,233 Sq Ft
$183/Sq Ft Est. Value

Last Sold February 06, 2023

Current estimated payment $3,943/month

281 Days on Market

Highlights

  • Covered patio or porch
  • Ceramic Tile Flooring
  • Wood Burning Fireplace
  • 2 Car Attached Garage
  • Central Air

About This Home

As of February 2023

Built in 2017, this Little Elm two-story home offers a patio, granite countertops, and a two-car garage. Home utilities may be turned off due to weather conditions.
This home has been virtually staged to illustrate its potential.

Last Agent to Sell the Property

Feras Rachid

Ready Real Estate License #0675842 Listed on: 03/31/2022

Ready Real Estate

Co-Listed By

Angela Bell

Jome License #0740605

Last Buyer's Agent

Stella Chinkarova

Stepstone Realty, LLC License #0770655

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,923

Year Built

  • Built in 2017

Lot Details

  • 7,353

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,233 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

  • Union Park Elementary School
  • Rodriguez Middle School
  • Ray Braswell High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Covered patio or porch
  • 7,353 Sq Ft Lot

Community Details

  • Association fees include ground maintenance
  • Essex Association Management, Lp HOA, Phone Number (972) 428-2030
  • Valencia On The Lake Ph 1 Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Legal Lot and Block 1 / 5
  • Assessor Parcel Number R662610
  • $14,944 per year unexempt tax

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,923

Year Built

Built in 2017

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structural Style: Single Detached
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Attribution Contact: 214-378-3667
  • Special Features: None
  • Year Built: 2017

Interior Features

  • Square Footage: 3233.00
  • Fireplace Features: Wood Burning
  • Interior Amenities: Other
  • Flooring: Carpet, Ceramic Tile
  • Appliances: Dishwasher, Microwave
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 2

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 5

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Brick
  • Patio And Porch Features: Covered, Front Porch

Garage/Parking

  • Cooling System: Central Air
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: Garage
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Natural Gas
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds
  • Association Fee: 450
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: Essex Association Management, LP
  • HOA Management Company: 9724282030

Schools

  • School District: Denton ISD
  • Elementary School: Union Park
  • Middle School: Rodriguez
  • High School: Ray Braswell
  • School District: Denton ISD

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Units: Acres
  • Lot Size Area: 0.1688
  • Parcel Number: R662610
  • Lot Size Acres: 0.1688
  • Lot Size Sq Ft: 7352.9280

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2017

Tax Info

  • Unexempt Taxes: 14944
  • TaxBlock: 5
  • Tax Lot: 1

MLS Schools

  • Middle School Name: Rodriguez
  • Elementary School Name: Union Park
  • High School Name: Ray Braswell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
Feb 6, 2023
Sold by
Opendoor Property Trust
Bought by
Arslan Muhammad and Arslan Maryam
Seller's Agent
Feras Rachid
Ready Real Estate
Buyer's Agent
Stella Chinkarova
Stepstone Realty, LLC
List Price
$700,000
Sold Price
$533,000
Premium/Discount to List
-$167,000
-23.86%
Total Days on Market
281
Views
105
Current Estimated Value
$590,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,483
Avg. Annual Appreciation
4.49%
Original Mortgage
$416,000
Outstanding Balance
$405,080
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$185,403

Purchase Details

Closed on
Feb 15, 2018
Sold by
Megatel Homes Inc
Bought by
Alexander Bobby J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,750
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2016
Sold by
Mm Finished Lots Ii Llc
Bought by
Megatel Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
3.43%
Mortgage Type
New Conventional
Source: Public Records

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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
Arslan Muhammad -- --
Alexander Bobby J -- Chicago Title
Megatel Homes Inc -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arslan Muhammad $416,000
Previous Owner Alexander Bobby J $276,750
Previous Owner Megatel Homes Inc $25,000,000
Previous Owner Megatel Homes Inc $73,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2023 02/06/23 Sold -- -- --
01/06/2023 01/06/23 Pending -- -- --
10/19/2022 10/19/22 Price Changed $533,000 -1.1% $165 / Sq Ft
10/06/2022 10/06/22 Price Changed $539,000 -3.1% $167 / Sq Ft
09/21/2022 09/21/22 Price Changed $556,000 -0.4% $172 / Sq Ft
09/08/2022 09/08/22 Price Changed $558,000 -1.2% $173 / Sq Ft
08/04/2022 08/04/22 Price Changed $565,000 -4.9% $175 / Sq Ft
07/21/2022 07/21/22 Price Changed $594,000 -2.0% $184 / Sq Ft
07/07/2022 07/07/22 Price Changed $606,000 -3.8% $187 / Sq Ft
06/23/2022 06/23/22 Price Changed $630,000 -1.7% $195 / Sq Ft
06/10/2022 06/10/22 Price Changed $641,000 -1.4% $198 / Sq Ft
05/26/2022 05/26/22 Price Changed $650,000 -0.6% $201 / Sq Ft
05/12/2022 05/12/22 Price Changed $654,000 -3.5% $202 / Sq Ft
04/28/2022 04/28/22 Price Changed $678,000 -1.5% $210 / Sq Ft
04/14/2022 04/14/22 Price Changed $688,000 -1.7% $213 / Sq Ft
03/31/2022 03/31/22 For Sale $700,000 -- $217 / 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 $17,923 $572,630 $108,427 $464,203
2023 $13,832 $588,869 $108,427 $480,442
2022 $16,150 $448,007 $108,427 $395,970
2021 $15,378 $407,279 $84,537 $322,742
2020 $14,668 $377,695 $84,537 $293,158
2019 $15,144 $373,426 $84,537 $288,889
2018 $15,119 $380,294 $84,537 $295,757
2017 $3,373 $84,537 $84,537 $0
2016 $1,760 $44,106 $44,106 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20021930

North Texas Real Estate Information Systems (NTREIS)

APN: R662610