NOT LISTED FOR SALE

1716 Luau Ct Tool, TX 75143

Estimated Value: $935,000 - $1,055,000

3 Beds
2.5 Baths
2,100 Sq Ft
$463/Sq Ft Est. Value

Last Sold May 28, 2024

Current estimated payment $5,757/month

26 Days on Market

Highlights

  • Lake Front
  • Open Floorplan
  • Lake House
  • Boat Slip
  • Vaulted Ceiling
  • Granite Countertops

About This Home

As of May 2024

It's all about the view...'bout the view...How about that VIEW! Wide, open water - a double portion - 129 waterfront ft. The sunrise greets you in the morning, the moonrise kicks off the evening's entertainment. This 3-BR, 21⁄2-BA home is ideally located on a cul-de-sac at the point of Cedar Creek Lake's Moonlight Bay. Access to the property is gated and the concrete drive points the way to the port-o-cochere. Open water greets family and friends into the open LIV-KIT-DIN area, complete with fireplace and bar. The kitchen features a large quartz serving bar with double oven and gas cooktop. The primary bedroom is oversized, in the ensuite there's a soaking tub, large shower, and double vanity - plus a large walk-in closet. An all-weather deck spans the back of the home providing plenty of waterside room for sunning, cookouts, and cocktails. The boat house provides a 22' boat lift and a tandem PWC lift, and the party deck provides a great view of Cedar Creek Lake's famous fireworks shows!

Last Agent to Sell the Property

Janice Haney

Ebby Halliday Realtors Brokerage Phone: 903-340-8590 License #0537532 Listed on: 04/03/2024

Ebby Halliday Realtors

Last Buyer's Agent

Stacie Gooch

Coldwell Banker Apex, REALTORS License #0499420

Coldwell Banker Apex, REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 129 x 148 x 30 x 170
  • Lake Front
  • Cul-De-Sac
  • Wrought Iron Fence
  • Sloped Lot
  • Sprinkler System
  • Few Trees

HOA Fees

  • $5 Monthly HOA Fees

Home Design

  • Lake House

Interior Spaces

  • 2,100 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wired For A Flat Screen TV
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Propane Fireplace
  • Family Room with Fireplace
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Double Vanity

Parking

  • 2 Attached Carport Spaces
  • Circular Driveway
  • Drive Through
  • Electric Gate

Outdoor Features

  • Boat Slip
  • Lake Pump

Schools

  • Malakoff Elementary And Middle School
  • Malakoff High School

Utilities

  • Central Heating and Cooling System
  • Municipal Utilities District for Water and Sewer
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include full use of facilities
  • Paradise Bay Owners Association, Phone Number (903) 603-2639
  • Paradise Bay Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 2032
  • Assessor Parcel Number 37450000K32063
  • $8,148 per year unexempt tax

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0

HOA Fees

$5 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structural Style: Lake House, Resort Property, Single Detached, Vacation Home
  • Unit Levels: One
  • Restrictions: Deed
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: Yes
  • Notice Surveillance Devices Pres: Audio, Video
  • Will Subdivide: No
  • Lake Pump Y N: Yes
  • Attribution Contact: 903-340-8590
  • Special Features: None

Interior Features

  • Square Footage: 2100.00
  • Fireplace Features: Family Room, Gas Logs, Propane
  • Interior Amenities: Cable TV Available, Double Vanity, Eat-in Kitchen, Flat Screen Wiring, Granite Counters, High Speed Internet Available, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances: Dishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Tankless Water Heater
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Pool: No
  • Fencing: Wrought Iron
  • Exterior Features: Boat Slip
  • Platted Waterfront Boundary: 129
  • Waterfront: Yes

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air
  • Carport Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: Attached Carport, Circular Driveway, Drive Through, Electric Gate
  • GarageYN: No

Utilities

  • Heating: Central, Electric
  • Utilities: Asphalt, MUD Sewer, MUD Water

Condo/Co-op/Association

  • HOA Fee Includes: Full Use of Facilities
  • Association Fee: 60
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: Paradise Bay Owners Association
  • HOA Management Company: 903-603-2639

Schools

  • School District: Malakoff ISD
  • Elementary School: Malakoff

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Cul-De-Sac, Few Trees, Sloped, Sprinkler System, Subdivision, Water/Lake View, Waterfront
  • Lot Size Units: Acres
  • Lot Size Area: 0.3010
  • Lot Size: 129 x 148 x 30 x 170
  • Parcel Number: 37450000K32063
  • Lot Size Acres: 0.3010
  • Lot Size Sq Ft: 13111.5600

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1985

Tax Info

  • Unexempt Taxes: 8148
  • Tax Lot: 2032

Multi Family

  • WaterfrontFeatures: Lake Front, Lake Front – Main Body, Retaining Wall – Steel

MLS Schools

  • Middle School Name: Malakoff
  • Elementary School Name: Malakoff
  • High School Name: Malakoff

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2024
Closed on
May 28, 2024
Sold by
Pedroni Living Trust and Pappas Peter Nicholas
Bought by
Thompson Christopher Shane and Thompson Sherri Louise
Seller's Agent
Janice Haney
Ebby Halliday Realtors
Buyer's Agent
Stacie Gooch
Coldwell Banker Apex, REALTORS
List Price
$1,199,000
Views
32
Current Estimated Value
$971,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.23%
Original Mortgage
$758,606
Outstanding Balance
$749,073
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$222,784

Purchase Details

Closed on
Sep 12, 2022
Sold by
Pappas Peter N
Bought by
Pedroni Living Trust

Purchase Details

Listed on
May 10, 2014
Closed on
Aug 22, 2014
Sold by
Moggre Martin J and Moggre Teena R
Bought by
Pappas Peter N and Pappas Monica B
Seller's Agent
Todd Russell
McAtee Realty - Gun Barrel City
Buyer's Agent
B G PIERCE
Keller Williams Legacy
List Price
$449,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.02%

Purchase Details

Closed on
Aug 21, 2009
Sold by
Martin James and Warner Rick
Bought by
Pappas Peter N and Pappas Monica B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
5.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2007
Sold by
Whitley Alice Parham
Bought by
Pappas Peter N and Pappas Monica B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 2005
Sold by
Park Cities Baptist Church
Bought by
Whitley Alice Parham

Purchase Details

Closed on
Jul 22, 2004
Sold by
Parham Jewell Owen
Bought by
Pappas Peter N and Pappas Monica B
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Thompson Christopher Shane -- Independence Title
Pedroni Living Trust -- --
Pappas Peter N -- East Texas Title
Pappas Peter N -- --
Moggre Martin J -- None Available
Pappas Peter N -- --
Martin James M -- None Available
Whitley Alice Parham -- None Available
Pappas Peter N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Christopher Shane $758,606
Previous Owner Moggre Martin J $396,000
Previous Owner Martin James M $295,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/28/2024 05/28/24 Sold -- -- --
04/30/2024 04/30/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $1,199,000 +167.0% $571 / Sq Ft
08/22/2014 08/22/14 Sold -- -- -- View Prior Sale
08/09/2014 08/09/14 Pending -- -- --
05/10/2014 05/10/14 For Sale $449,000 -- $214 / 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 $8,094 $981,158 $387,000 $594,158
2024 $8,094 $461,554 $290,250 $171,304
2023 $8,148 $450,949 $290,250 $160,699
2022 $28,791 $504,460 $340,560 $163,900
2021 $9,703 $447,910 $329,210 $118,700
2020 $9,792 $432,920 $329,210 $103,710
2019 $9,878 $424,190 $329,210 $94,980
2018 $9,591 $413,430 $329,210 $84,220
2017 $9,454 $411,770 $329,210 $82,560
2016 $9,489 $411,770 $329,210 $82,560
2015 $9,264 $411,770 $329,210 $82,560
2014 $9,264 $411,770 $329,210 $82,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20565436

North Texas Real Estate Information Systems (NTREIS)

APN: 3745-0000-K320-63