NOT LISTED FOR SALE

1617 Lake Way Dr Little Elm, TX 75068

Estimated Value: $374,000 - $398,450

3 Beds
2 Baths
1,979 Sq Ft
$196/Sq Ft Est. Value

Last Sold December 26, 2018

Current estimated payment $2,772/month

8 Days on Market

Highlights

  • In Ground Pool
  • Traditional Architecture
  • Corner Lot
  • Clubhouse
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of December 2018

You will love this charming home sitting on a large corner lot with a beautiful pool and a large yard to enjoy. 3 BRs 2 baths, engineered hardwood floors in the open living spaces and new carpet in the bedrooms. The open floor plan is warm and inviting with a beautiful gas fireplace and the two banks of windows allow for a nice view of the backyard and pool. The kitchen has a huge island with SS appliances. There’s a nice little office nook just off the kitchen with file drawers and cabinet space that is a perfect spot for the computer and paperwork. And it's just across the street from the nature trail for walking. Refrigerator, washer and dryer are included. This one is move-in ready, don’t miss it!

Last Agent to Sell the Property

Phil Atkinson

WILLIAM DAVIS REALTY FRISCO License #0571684 Listed on: 11/16/2018

Co-Listed By

Jan Atkinson

WILLIAM DAVIS REALTY FRISCO License #0571031

Last Buyer's Agent

Stephenie Barker

RE/MAX Town & Country License #0447180

RE/MAX Town & Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,157

Year Built

  • Built in 2010

Lot Details

  • 9,801 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Interior Lot
  • Sprinkler System
  • Large Grassy Backyard

HOA Fees

  • $56 Monthly HOA Fees

Parking

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

Home Design

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

Interior Spaces

  • 1,979 Sq Ft Home
  • 1-Story Property
  • Sound System
  • Decorative Lighting
  • Gas Log Fireplace
  • Window Treatments

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Saltwater Pool
  • Fiberglass Pool

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Paloma Creek Elementary School
  • Navo Middle School
  • Ray Braswell High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Municipal Utilities District for Water and Sewer
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 17 / C
  • Assessor Parcel Number R282516
  • $7,022 per year unexempt tax

Community Details

Overview

  • Association fees include full use of facilities, maintenance structure, management fees
  • First Service Residential HOA, Phone Number (972) 347-9160
  • Paloma Creek Lakeview Ph 1 Subdivision
  • Mandatory home owners association

Recreation

  • Community Playground
  • Community Pool
  • Park
  • Jogging Path

Additional Features

  • Clubhouse
  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,157

Year Built

Built in 2010

Lot Details

0

HOA Fees

$56 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structural Style: Single Detached
  • Unit Levels: One
  • Restrictions: Deed, Development
  • Security: Burglar, Security Service, Security System Owned, Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: Yes
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 136.43254
  • Special Features: None
  • Year Built: 2010

Interior Features

  • Square Footage: 1979.00
  • Windows: Window Coverings
  • Fireplace Features: Gas Logs, Gas Starter
  • Interior Amenities: Decorative Lighting, High Speed Internet Available, Sound System Wiring
  • Flooring: Carpet, Wood
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave
  • 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

  • Easements: Utilities
  • Pool: Yes
  • Foundation: Slab
  • Community Features: Club House, Community Pool, Jogging Path/Bike Path, Park, Playground
  • Fencing: Wood
  • Roof: Composition
  • Soil Type: Black
  • Construction Materials: Brick
  • Exterior Features: Covered Patio/Porch, Rain Gutters
  • Pool Features: Fiberglass, In Ground, Salt Water
  • Waterfront: No
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Central Air, Electric
  • 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, Natural Gas
  • Utilities: All Weather Road, Concrete, Curbs, MUD Sewer, MUD Water, Sidewalk

Condo/Co-op/Association

  • HOA Fee Includes: Full Use of Facilities, Maintenance Structure, Management Fees
  • Association Fee: 167
  • Association Fee Frequency: Quarterly
  • Association Type: Mandatory
  • Hoa Management Company: First Service Residential
  • HOA Management Company: 972-347-9160

Schools

  • School District: Denton ISD
  • Elementary School: Paloma Creek
  • Middle School: Navo
  • High School: Ray Braswell
  • School District: Denton ISD
  • Elementary School: Paloma Creek
  • High School: Ray Braswell

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Corner Lot, Interior Lot, Landscaped, Lrg. Backyard Grass, Sprinkler System, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 0.2250
  • Parcel Number: R282516
  • Lot Size Acres: 0.2250
  • Lot Size Sq Ft: 9801.0000

Building Info

  • Year Built: 2010

Tax Info

  • Unexempt Taxes: 7022
  • TaxBlock: C
  • Tax Lot: 17

MLS Schools

  • MiddleOrJuniorSchool: Navo
  • Middle School Name: Navo
  • Elementary School Name: Paloma Creek
  • High School Name: Ray Braswell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2019
Sold by
Blackburn Andrew Paul and Blackburn Kathleen
Bought by
Blackburn Andrew Paul
Current Estimated Value
$389,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,900
Interest Rate
3.7%
Mortgage Type
VA

Purchase Details

Listed on
Nov 16, 2018
Closed on
Dec 26, 2018
Sold by
Wilson Zachary Ray and Estate Of Kelly Leann Wilson
Bought by
Blackburn Andrew Paul and Blackburn Kathleen
Seller's Agent
Phil Atkinson
WILLIAM DAVIS REALTY FRISCO
Buyer's Agent
Stephenie Barker
RE/MAX Town & Country
List Price
$277,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.12%
Original Mortgage
$243,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2013
Sold by
Eads John
Bought by
Wilson Zachary and Wilson Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
4.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2011
Sold by
Drees Custom Homes Lp
Bought by
Eads John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,017
Interest Rate
4.44%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 15, 2005
Sold by
Paloma Creek 2004 Development Corp
Bought by
Drees Custom Homes Lp

Purchase Details

Closed on
Mar 19, 2003
Sold by
I Am One Inc
Bought by
Whigham Gerald Don and Whigham Joan K

Purchase Details

Closed on
May 5, 2000
Sold by
Aristocrat Fund Xx Lp
Bought by
Bliss Greg A and Kolbensvik Melody A

Purchase Details

Closed on
Apr 30, 1999
Sold by
Settlers Point Ltd
Bought by
Kolb George

Purchase Details

Closed on
Apr 27, 1999
Sold by
Carter John W
Bought by
Suzy Inc

Purchase Details

Closed on
May 21, 1998
Sold by
Carcamo Flor Demaria
Bought by
Velazquez Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,135
Interest Rate
7.22%
Mortgage Type
FHA
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
Blackburn Andrew Paul -- Nationwide Title Clearing
Blackburn Andrew Paul -- Chicago Title
Wilson Zachary -- Fnt
Eads John -- Alamo Title Company
Drees Custom Homes Lp -- Alamo Title Company
Whigham Gerald Don -- --
Bliss Greg A -- --
Kolb George -- --
Suzy Inc -- --
Velazquez Raul -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blackburn Andrew Paul $249,136
Closed Blackburn Andrew Paul $251,900
Closed Blackburn Andrew Paul $243,000
Previous Owner Wilson Zachary $101,000
Previous Owner Eads John $193,017
Previous Owner Velazquez Raul $67,135
Closed Suzy Inc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2018 12/26/18 Sold -- -- --
11/24/2018 11/24/18 Pending -- -- --
11/16/2018 11/16/18 For Sale $277,500 -- $140 / 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
2025 $7,157 $390,199 $106,013 $284,186
2024 $8,323 $395,632 $0 $0
2023 $6,416 $359,665 $106,013 $326,932
2022 $7,666 $326,968 $106,013 $260,001
2021 $7,439 $297,244 $77,036 $220,208
2020 $7,090 $276,377 $77,036 $199,341
2019 $7,248 $275,017 $77,036 $197,981
2018 $7,022 $255,537 $77,036 $195,409
2017 $6,478 $232,306 $64,414 $167,892
2016 $5,998 $214,885 $38,374 $176,511
2015 $5,040 $198,817 $38,374 $160,443
2013 -- $168,527 $43,435 $125,092
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 13974549

North Texas Real Estate Information Systems (NTREIS)

APN: R282516