NOT LISTED FOR SALE

1618 Fair Oaks Dr Westlake, TX 76262

Estimated Value: $1,450,000 - $2,551,183

5 Beds
5.5 Baths
5,406 Sq Ft
$396/Sq Ft Est. Value

Last Sold June 18, 2018

Current estimated payment $13,517/month

181 Days on Market

Highlights

  • Tennis Courts
  • Cabana
  • Built-In Refrigerator
  • Walnut Grove Elementary School Rated A+
  • Gated Community
  • Dual Staircase

About This Home

As of June 2018

GORGEOUS CUSTOM ESTATE! Pristine, light, and bright style remodeled home with 5 bedrooms + 5 full and 1 half bath. Choice of Southlake Carroll or Westlake Academy schools! Beautiful kitchen with Wolf gas range, Thermador appliances, Kohler farm sink & quartz countertops! Luxury amenities include HS hardwoods throughout, 2 staircases, extensive crown molding, wainscoting, cameras, home sprinkler system. Each bedroom has its own bath! Huge, private master with large master bath and closet. Spacious game room upstairs. Spectacular resort-style backyard with spa, pool with stone waterfalls, full tennis or volleyball court & half basketball court, 2 covered patios, gas grill & yard beyond.
Oversized 4 car garage.

Last Agent to Sell the Property

Barbara Pantuso

Keller Williams Realty License #0327439 Listed on: 11/12/2017

Keller Williams Realty

Last Buyer's Agent

Joe Atwal

Compass RE Texas, LLC License #0458790

Compass RE Texas, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,483

Year Built

  • Built in 2001

Lot Details

  • 0.87 Acre Lot
  • Gated Home
  • Wrought Iron Fence
  • Sprinkler System

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Rear-Facing Garage

Home Design

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

Interior Spaces

  • 5,406 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Vaulted Ceiling
  • Ceiling Fan
  • Decorative Lighting
  • 4 Fireplaces
  • Gas Log Fireplace
  • Plantation Shutters

Kitchen

  • Double Convection Oven
  • Gas Cooktop
  • Microwave
  • Built-In Refrigerator
  • Plumbed For Ice Maker
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Full Size Washer or Dryer
  • Electric Dryer Hookup

Home Security

  • Security System Owned
  • Intercom
  • Fire Sprinkler System

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Thermostat

Pool

  • Cabana
  • Heated Pool and Spa
  • Heated In Ground Pool
  • Gunite Pool
  • Fence Around Pool
  • Pool Water Feature
  • Pool Sweep

Outdoor Features

  • Tennis Courts
  • Sport Court
  • Covered Patio or Porch
  • Outdoor Living Area
  • Fire Pit
  • Attached Grill
  • Rain Gutters

Schools

  • Walnut Grove Elementary School
  • Carroll Middle School
  • Durham Middle School
  • Carroll High School

Utilities

  • Cooling System Powered By Gas
  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 20 / A
  • Assessor Parcel Number 07662394
  • $26,098 per year unexempt tax

Community Details

Overview

  • Association fees include management fees
  • Glenwyck Farm HOA
  • Glenwyck Farms Add Subdivision
  • Mandatory home owners association

Recreation

  • Park
  • Jogging Path

Security

  • Fenced around community
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,483

Year Built

Built in 2001

Lot Details

0

HOA Fees

$250 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structural Style: Single Detached
  • Unit Levels: Two
  • Security: Burglar, Fire Sprinkler System, 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: 238.62375
  • Special Features: None
  • Year Built: 2001

Interior Features

  • Square Footage: 5406.00
  • Windows: Plantation Shutters
  • Fireplace Features: Gas Logs, Gas Starter, Master Bedroom
  • Interior Amenities: Built-in Wine Cooler, Cable TV Available, Decorative Lighting, Multiple Staircases, Vaulted Ceiling(s)
  • Flooring: Carpet, Ceramic Tile, Stone, Wood
  • Appliances: Built-in Refrigerator, Dishwasher, Disposal, Gas Cooktop, Microwave, Convection Oven, Double Oven, Plumbed for Ice Maker, Gas Water Heater
  • Fireplaces: 4
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 4
  • Other Equipment: Intercom
  • Room Count: 14

Beds/Baths

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

Exterior Features

  • Pool: Yes
  • Foundation: Slab
  • Community Features: Gated, Jogging Path/Bike Path, Park, Perimeter Fencing
  • Fencing: Gate, Wrought Iron
  • Roof: Composition
  • Soil Type: Unknown
  • Construction Materials: Brick
  • Exterior Features: Attached Grill, Covered Patio/Porch, Fire Pit, Rain Gutters, Outdoor Living Center, Sport Court, Tennis Court(s)
  • Pool Features: Cabana, Fenced, Gunite, Heated, In Ground, Pool Sweep, Pool/Spa Combo, Water Feature
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric, Gas, Zoned
  • Garage Spaces: 4
  • Total Covered Spaces: 4
  • Parking Features: Garage Faces Rear, Oversized
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Zoned
  • LaundryFeatures: Electric Dryer Hookup, Full Size W/D Area
  • Utilities: City Sewer, City Water, Curbs, Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Management Fees
  • Association Fee: 3000
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: Glenwyck Farm HOA
  • HOA Management Company: 00000000

Schools

  • School District: Carroll ISD
  • Elementary School: Walnut Grove
  • Middle School: Carroll
  • High School: Carroll
  • School District: Carroll ISD
  • Elementary School: Walnut Grove
  • Intermediate School: Durham
  • High School: Carroll
  • Senior High School: Carroll

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: .5 to < 1 Acre
  • Lot Features: Sprinkler System
  • Lot Size Units: Acres
  • Lot Size Area: 0.8680
  • Parcel Number: 07662394
  • Lot Size Acres: 0.8680
  • Lot Size Sq Ft: 37810.0800

Green Features

  • Efficiency: Appliances, Thermostat

Building Info

  • Year Built: 2001

Tax Info

  • Unexempt Taxes: 26098
  • TaxBlock: A
  • Tax Lot: 20

MLS Schools

  • MiddleOrJuniorSchool: Carroll
  • Middle School Name: Carroll
  • Elementary School Name: Walnut Grove
  • High School Name: Carroll

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2017
Closed on
Jun 15, 2018
Sold by
Welch Michael T and Welch Lisa T
Bought by
Gibson Gilbert M and Gibson Cynthia K
Seller's Agent
Barbara Pantuso
Keller Williams Realty
Buyer's Agent
Joe Atwal
Compass RE Texas, LLC
List Price
$1,449,000
Current Estimated Value
$2,138,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.56%
Original Mortgage
$790,000
Outstanding Balance
$673,227
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,465,319

Purchase Details

Closed on
Jul 30, 2012
Sold by
Helzlsouer Barbara E and Raman Ashok
Bought by
Welch Michael T and Welch Lisa T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2005
Sold by
Helzlsouer Barbara E
Bought by
Raman Ashok

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$699,000
Interest Rate
5.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 26, 2005
Sold by
Wasserman Jay D and Wasserman Christina
Bought by
Helzsouer Barbara E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$699,000
Interest Rate
5.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 17, 2000
Sold by
Glenwyck Farms Ltd
Bought by
Calais Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
8.3%
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
Gibson Gilbert M -- None Available
Welch Michael T -- None Available
Raman Ashok -- --
Helzsouer Barbara E -- --
Calais Construction Inc -- Metroplex Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibson Gilbert M $510,400
Closed Gilbert Gilbert M M $256,975
Open Gibson Gilbert M $790,000
Previous Owner Welch Michael T $207,000
Previous Owner Welch Michael T $920,000
Previous Owner Wasserman Jay $1,200,000
Previous Owner Raman Ashok $699,000
Previous Owner Helzsouer Barbara E $699,000
Previous Owner Wasserman Jay D $774,400
Previous Owner Calais Construction Inc $122,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2018 06/18/18 Sold -- -- --
05/12/2018 05/12/18 Pending -- -- --
11/12/2017 11/12/17 For Sale $1,449,000 -- $268 / 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 $22,483 $1,422,871 $485,550 $937,321
2024 $22,483 $1,616,899 $485,550 $1,131,349
2023 $23,701 $2,284,585 $485,550 $1,799,035
2022 $24,412 $1,289,000 $342,125 $946,875
2021 $26,333 $1,289,000 $342,125 $946,875
2020 $26,429 $1,290,000 $390,825 $899,175
2019 $25,302 $1,187,614 $390,825 $796,789
2018 $27,639 $1,333,034 $390,825 $942,209
2017 $26,098 $1,211,849 $217,125 $994,724
2016 $23,948 $1,112,000 $260,550 $851,450
2015 $26,419 $1,316,000 $160,000 $1,156,000
2014 $26,419 $1,361,700 $160,000 $1,201,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 13727057

North Texas Real Estate Information Systems (NTREIS)

APN: 07662394