NOT LISTED FOR SALE

240 Lake Trail Ln Prosper, TX 75078

Estimated Value: $802,000 - $878,168

4 Beds
4.5 Baths
3,852 Sq Ft
$216/Sq Ft Est. Value

Last Sold June 14, 2019

Current estimated payment $5,907/month

Highlights

  • New Construction
  • Community Lake
  • Wood Flooring
  • Ralph and Mary Lynn Boyer Elementary School Rated A
  • Traditional Architecture
  • Community Pool

About This Home

As of June 2019

NEW DAVID WEEKLEY HOME! Hard-to-find 1.5 Story, just a short walk to Frontier Park! Enjoy living in the MODEL floor plan where the kitchen could make top, celebrity chefs envious; the home office could house its own presidential library; & where you can relax spending time watching movies in a downstairs media room or go upstairs to an incredibly spacious game room that could easily accommodate a shuffleboard table, pool table, arcades, and more! The master suite is perfection with its vaulted ceiling; a partition for a designated living or sitting area; seasonal racks in the master closet; & a spa-like master bath with separate vanities. Storage space won't be a problem in this over sized, 2.5-car Garage!

Last Agent to Sell the Property

Jimmy Rado

David M. Weekley License #0221720 Listed on: 04/02/2019

Last Buyer's Agent

Tom and Angela May

Monument Realty License #0517565

Monument Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,977

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 70x143
  • Wood Fence
  • Landscaped
  • Interior Lot
  • Sprinkler System
  • Drought Tolerant Landscaping

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Front Facing Garage
  • Tandem Parking
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 3,852 Sq Ft Home
  • 2-Story Property
  • Sound System
  • Wired For A Flat Screen TV
  • Ceiling Fan
  • Decorative Lighting
  • Heatilator
  • Decorative Fireplace
  • ENERGY STAR Qualified Windows
  • Full Size Washer or Dryer

Kitchen

  • Double Oven
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Low Flow Toliet

Attic

  • Attic Fan
  • 12 Inch+ Attic Insulation

Home Security

  • Home Security System
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Energy-Efficient Doors
  • Rain or Freeze Sensor
  • Energy-Efficient Thermostat
  • Enhanced Air Filtration

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Schools

  • Ralph And Mary Lynn Boyer Elementary School
  • Reynolds Middle School
  • Prosper High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Tankless Water Heater
  • Gas Water Heater
  • Water Purifier
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 15 / R
  • Assessor Parcel Number R1106800R01501

Community Details

Overview

  • Association fees include full use of facilities, management fees
  • Lakes Of Prosper Subdivision
  • Mandatory Home Owners Association
  • Community Lake
  • Greenbelt

Recreation

  • Community Playground
  • Community Pool
  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,977

Year Built

Built in 2019 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structural Style: Single Detached
  • Unit Levels: Two
  • Security: Carbon Monoxide Detector(s), Fire Alarm, Prewired, Security Lights, Security System, Smoke Detector(s)
  • Year Built Details: New Construction - Complete
  • 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: 118.12046
  • Special Features: None
  • Year Built: 2019

Interior Features

  • Square Footage: 3852.00
  • Fireplace Features: Decorative, Heatilator
  • Interior Amenities: Cable TV Available, Decorative Lighting, Flat Screen Wiring, High Speed Internet Available, Sound System Wiring
  • Flooring: Carpet, Ceramic Tile, Wood
  • Appliances: Dishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Double Oven, Plumbed for Ice Maker, Vented Exhaust Fan, Water Purifier, Tankless Water Heater, Gas Water Heater
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 2
  • Room Count: 10

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Community Features: Community Pool, Greenbelt, Jogging Path/Bike Path, Lake, Park, Playground
  • Fencing: Wood
  • Roof: Composition
  • Soil Type: Unknown
  • Construction Materials: Brick, Rock/Stone
  • Exterior Features: Covered Patio/Porch, Rain Gutters, Lighting
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Attic Fan, Ceiling Fan(s), Central Air, Electric, Zoned
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: Garage Door Opener, Garage Faces Front, Oversized, Tandem
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Natural Gas, Zoned
  • LaundryFeatures: Full Size W/D Area
  • Utilities: City Sewer, City Water, Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Full Use of Facilities, Management Fees
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: 00
  • HOA Management Company: 00

Schools

  • School District: Prosper ISD
  • Elementary School: Ralph and Mary Lynn Boyer
  • Middle School: Reynolds
  • High School: Prosper
  • School District: Prosper ISD
  • Elementary School: Ralph and Mary Lynn Boyer
  • High School: Prosper

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Interior Lot, Landscaped, Sprinkler System, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 0.2300
  • Lot Size: 70x143
  • Parcel Number: R1106800R01501
  • Lot Size Acres: 0.2300
  • Lot Size Sq Ft: 10018.8000

Green Features

  • GreenWaterConservation: Low-Flow Fixtures
  • Efficiency: 12 inch+ Attic Insulation, Appliances, Doors, Drought Tolerant Plants, Enhanced Air Filtration, HVAC, Insulation, Low Flow Commode, Rain / Freeze Sensors, Thermostat, Waterheater, Windows
  • Energy Saving Features: High Efficiency Water Heater
  • Smart Home Features Appor Pass Y: No
  • Green Verification Count: 1

Building Info

  • Year Built: 2019

Tax Info

  • TaxBlock: R
  • Tax Lot: 15

MLS Schools

  • MiddleOrJuniorSchool: Reynolds
  • Middle School Name: Reynolds
  • Elementary School Name: Ralph and Mary Lynn Boyer
  • High School Name: Prosper

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2019
Closed on
Jun 14, 2019
Sold by
Weekley Homes Llc
Bought by
Wharton Steve and Wharton Lela Denise
Seller's Agent
Jimmy Rado
David M. Weekley
Buyer's Agent
Tom and Angela May
Monument Realty
List Price
$459,990
Current Estimated Value
$830,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.95%
Original Mortgage
$470,015
Interest Rate
4.1%
Mortgage Type
VA
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
Wharton Steve -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wharton Lela Denise $123,500
Open Wharton Steve $480,189
Closed Wharton Steve $470,015
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2019 06/14/19 Sold -- -- --
04/02/2019 04/02/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $459,990 -- $119 / 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 $16,977 $852,778 $180,000 $672,778
2023 $16,977 $807,234 $180,000 $627,234
2022 $14,716 $673,011 $140,000 $533,011
2021 $10,934 $492,591 $105,000 $387,591
2020 $11,162 $476,088 $100,000 $376,088
2019 $9,195 $375,009 $78,000 $297,009
2018 $9,604 $390,074 $79,000 $311,074
2017 $5,621 $228,316 $79,000 $149,316
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14057126

North Texas Real Estate Information Systems (NTREIS)

APN: R-11068-00R-0150-1