NOT LISTED FOR SALE

Estimated Value: $632,000 - $883,000

3 Beds
3 Baths
2,101 Sq Ft
$360/Sq Ft Est. Value

Last Sold August 01, 2022

Current estimated payment $4,904/month

3 Days on Market

Highlights

  • Lake Front
  • Docks
  • Vaulted Ceiling
  • Bullard Elementary School Rated A-
  • Open Floorplan
  • Ranch Style House

About This Home

As of August 2022

Gorgeous sprawling LAKEFRONT property among giant East Texas trees in one of the friendliest and most well kept neighborhoods on Lake Palestine, Cumberland Ridge! With views of the lake from Master Bedroom, Living Room, Kitchen, Screened in Porch, Upstairs Landing and huge covered downstairs deck; it's perfect for a quiet cozy lake time home or a party pad for friends and family to enjoy. The water around dock has been cleared out and gradually slopes to make for great wading, swimming and water games in your backyard. Recently installed concrete walkway leads to a fire pit with built in wall seating for late night smores. UPDATES: Outdoor bug misting system, 2 retractable awnings on boat dock, extended driveway to hold up to 9 vehicles, enclosed portion of shed for extra indoor space, new dishwasher and 8 wired security cameras to convey with property. The neighborhood has access to 3 parks within the community. ZERO carpet and Wood floors.

Last Agent to Sell the Property

Bret Bauer

The Bauer Group, LLC License #0687344 Listed on: 06/28/2022

Last Buyer's Agent

Brandee Escalante

eXp Realty License #0467426

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,866

Year Built

  • Built in 1984

Lot Details

  • 0.4 Acre Lot
  • Lake Front
  • Kennel
  • Chain Link Fence
  • Misting System
  • Sprinkler System
  • Many Trees
  • Large Grassy Backyard

HOA Fees

  • $48 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Lake House
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Siding

Interior Spaces

  • 2,101 Sq Ft Home
  • Open Floorplan
  • Vaulted Ceiling
  • Chandelier
  • Wood Burning Fireplace
  • Brick Fireplace
  • Awning
  • Lake Views

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Personal Watercraft Lift
  • Docks
  • Balcony
  • Covered Patio or Porch
  • Fire Pit
  • Exterior Lighting
  • Rain Gutters
  • Mosquito Control System

Schools

  • Bullard Elementary And Middle School
  • Bullard High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Septic Tank
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include full use of facilities, ground maintenance
  • Cumberland Ridge HOA, Phone Number (903) 918-2999
  • Cumberland Ridge Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number R006829

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,866

Year Built

Built in 1984

Lot Details

0

HOA Fees

$48 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Structural Style: Lake House, Single Detached
  • Unit Levels: One
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Notice Surveillance Devices Pres: Audio, Video
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Special Features: None
  • Year Built: 1984

Interior Features

  • Square Footage: 2101.00
  • Fireplace Features: Brick, Fire Pit, Wood Burning
  • Interior Amenities: Cable TV Available, Chandelier, Granite Counters, High Speed Internet Available, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s)
  • Flooring: Ceramic Tile, Wood
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater
  • 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: 3

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: Chain Link
  • Roof: Composition
  • Construction Materials: Brick, Siding, Wood
  • Exterior Features: Awning(s), Balcony, Covered Patio/Porch, Dock, Fire Pit, Rain Gutters, Kennel, Lighting, Misting System, Mosquito Mist System

Garage/Parking

  • Cooling System: Central Air
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: Garage, Garage Door Opener, Garage Faces Front
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric
  • Utilities: City Water, Electricity Available, Private Sewer, Septic

Condo/Co-op/Association

  • HOA Fee Includes: Full Use of Facilities, Maintenance Grounds
  • Association Fee: 570
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: Cumberland Ridge HOA
  • HOA Management Company: 903-918-2999

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Lrg. Backyard Grass, Many Trees, Sprinkler System, Water/Lake View, Waterfront
  • Lot Size Units: Acres
  • Lot Size Area: 0.4000
  • Parcel Number: R006829
  • Lot Size Acres: 0.4000
  • Lot Size Sq Ft: 17424.0000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1984

Multi Family

  • WaterfrontFeatures: Dock – Covered, Dock – Enclosed, Lake Front, Personal Watercraft Lift, Retaining Wall – Other

MLS Schools

  • Middle School Name: Bullard
  • Elementary School Name: Bullard
  • High School Name: Bullard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2022
Closed on
Aug 1, 2022
Sold by
Wade Living Trust
Bought by
Saleh Bobbak and Saleh Jamie
Seller's Agent
Bret Bauer
The Bauer Group, LLC
Buyer's Agent
Brandee Escalante
eXp Realty
List Price
$720,000
Current Estimated Value
$755,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.59%
Original Mortgage
$608,000
Outstanding Balance
$586,334
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$146,749

Purchase Details

Closed on
Sep 23, 2021
Sold by
Wade Tyler Matthew and Wade Mary Bauer
Bought by
Wade Tyler Matthew and Wade Mary Bauer

Purchase Details

Listed on
May 11, 2020
Closed on
Oct 30, 2020
Sold by
Mcvey John H
Bought by
Wade Mary B and Wade Tyler M
Seller's Agent
Jerry Moomaw
Lake Homes Realty, LLC
Buyer's Agent
Bret Bauer
The Bauer Group, LLC
List Price
$599,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.36%
Original Mortgage
$510,400
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 11, 2020
Closed on
Oct 20, 2020
Sold by
Movey John H
Bought by
Wade Mary B and Wade Tyler M
Seller's Agent
Jerry Moomaw
Lake Homes Realty, LLC
Buyer's Agent
Bret Bauer
The Bauer Group, LLC
List Price
$599,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2013
Sold by
Vieira Jack G and Vieira Ruth B
Bought by
Mcvey John H

Purchase Details

Closed on
Mar 4, 2005
Sold by
Beverley Donald B
Bought by
Vieira Jack G and Vieira Ruth B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.71%
Mortgage Type
New Conventional
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
Saleh Bobbak -- None Listed On Document
Wade Tyler Matthew -- None Available
Wade Mary B $678,832 New Title Company Name
Wade Mary B -- None Available
Mcvey John H -- None Available
Vieira Jack G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saleh Bobbak $608,000
Previous Owner Wade Mary B $510,400
Previous Owner Wade Mary B $510,400
Previous Owner Vieira Jack G $212,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2022 08/01/22 Sold -- -- --
07/01/2022 07/01/22 Pending -- -- --
06/28/2022 06/28/22 For Sale $720,000 +26.3% $343 / Sq Ft
10/30/2020 10/30/20 Sold -- -- --
09/27/2020 09/27/20 Pending -- -- --
09/10/2020 09/10/20 Price Changed $569,900 -5.0% $271 / Sq Ft
09/01/2020 09/01/20 For Sale $599,900 0.0% $286 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
06/16/2020 06/16/20 Price Changed $599,900 -9.1% $286 / Sq Ft
05/11/2020 05/11/20 For Sale $659,900 -- $314 / 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 $8,866 $607,799 $235,560 $372,239
2023 $12,261 $811,847 $235,560 $576,287
2022 $10,961 $626,940 $204,152 $422,788
2021 $9,721 $546,016 $204,152 $341,864
2020 $7,274 $382,898 $204,152 $178,746
2019 $7,185 $350,131 $204,152 $145,979
2018 $7,270 $348,757 $204,152 $144,605
2017 $7,275 $348,965 $204,152 $144,813
2016 $7,158 $343,383 $204,152 $139,231
2015 $706 $327,761 $196,300 $131,461
2014 $706 $322,453 $196,300 $126,153
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20099222

North Texas Real Estate Information Systems (NTREIS)

APN: 1-80230-0026-00-002000