NOT LISTED FOR SALE

2418 Monarch Terrace Dr Katy, TX 77494

Estimated Value: $920,558 - $1,171,000

5 Beds
4.5 Baths
6,165 Sq Ft
$167/Sq Ft Est. Value

Last Sold November 20, 2020

Current estimated payment $7,011/month

Highlights

  • Property fronts a bayou
  • Tennis Courts
  • In Ground Pool
  • Ray And Jamie Wolman Elementary School Rated A
  • Home Theater
  • 1-minute walk to Firethorne Playground

About This Home

As of December 2020

Beautiful executive home situated on a premium 0.32 acre lot that backs to a greenbelt with many mature trees & lake views! The backyard features a sparkling pool, sports court, covered patio, mature landscaping & a wrought iron fence in the back that provides peaceful views. The home offers a spacious open-concept design with a grand two story entry, both formals, private study, two story sun room, owners suite down, gameroom, media room & a 3 car garage. The kitchen boasts a huge island, double ovens, stainless steel appliances, tons of cabinet space & Butlers pantry that leads to the formal dining. Cast stone fireplace in the family room is flanked by custom built-ins. Impressive two story sun room overlooks the backyard. Hardwood & tile flooring throughout the 1st floor. Media room is wired for surround sound. Two of the guest bedrooms have en-suite baths. Abundant natural light throughout. Zoned to top Katy ISD schools. Don't miss this one!

Last Agent to Rent the Property

Thai Truong

eXp Realty LLC License #0676969 Listed on: 12/03/2020

eXp Realty LLC

Last Renter's Agent

Thai Truong

eXp Realty LLC License #0676969 Listed on: 12/03/2020

eXp Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,975

Year Built

  • Built in 2009

Lot Details

  • 0.32 Acre Lot
  • Property fronts a bayou
  • South Facing Home
  • Back Yard Fenced
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Porte-Cochere
  • Tandem Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture

Interior Spaces

  • 6,165 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Gas Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Theater
  • Home Office
  • Game Room
  • Sun or Florida Room
  • Water Views
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup

Kitchen

  • Breakfast Bar
  • Double Oven
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Dual Sinks

Eco-Friendly Details

  • Energy-Efficient Windows with Low Emissivity
  • Energy-Efficient Exposure or Shade
  • Energy-Efficient Insulation
  • ENERGY STAR Certified Homes

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Tennis Courts
  • Deck
  • Patio

Schools

  • Wolman Elementary School
  • Woodcreek Junior High School
  • Katy High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Property Available on 12/4/20
  • 12 Month Lease Term

Community Details

Overview

  • Front Yard Maintenance
  • Firethorne Subdivision
  • Greenbelt

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,975

Year Built

Built in 2009

Lot Details

0

Parking

3

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2020-12-04

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Residential Lease
  • Building Stories: 2
  • Year Built: 2009
  • Road Surface Type: Concrete
  • Subdivision Name: Firethorne
  • Architectural Style: Detached, Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Exposure/Shade, Insulation, Windows
  • Property Sub Type Additional: Unimproved Land
  • Pets No Pets Comments: PetDepositDescription:$400/pet
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Double Oven, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Microwave
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Bar, Dual Sinks, Granite Counters, High Ceilings, Kitchen Island, Kitchen/Family Room Combo, Pantry, Window Treatments
  • Living Area: 6165.0
  • Dining Room Type: Breakfast Room/Nook, Dining Room, Family Room, Game Room, Living Room, Media Room, Study, Sunroom
  • Window Features: Low-Emissivity Windows
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: None
  • Fencing: Back Yard
  • Lot Features: Greenbelt, Subdivision, Views
  • Pool Features: Gunite, In Ground
  • Pool Private: Yes
  • View: Water
  • View: Yes
  • Waterfront Features: Bayou
  • Direction Faces: South
  • Exterior Features: Deck, Fence, Sprinkler/Irrigation, Patio, Private Yard, Tennis Court(s)
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage, Garage Door Opener, Porte-Cochere, Tandem

Utilities

  • Utilities: Yard Maintenance
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Community Pool, Curbs, Gutter(s)
  • Pets Allowed: Conditional, Pet Deposit

Schools

  • Elementary School: WOLMAN ELEMENTARY SCHOOL
  • Junior High Dist: 30 - Katy
  • High School: KATY HIGH SCHOOL
  • Middle Or Junior School: WOODCREEK JUNIOR HIGH SCHOOL

Green Features

  • Green Building Verification Type: ENERGY STAR Certified Homes

Lot Info

  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2020
Closed on
Nov 20, 2020
Sold by
Rice James S and Rice Heather
Bought by
Nguyen Thang Cong and Le Gam Thi
Seller's Agent
Thai Truong
eXp Realty LLC
Buyer's Agent
Thai Truong
eXp Realty LLC
Current Estimated Value
$1,030,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.35%
Original Mortgage
$347,700
Outstanding Balance
$309,404
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$720,736

Purchase Details

Closed on
Aug 28, 2015
Sold by
Brookfield Global Relocation Services Llc
Bought by
Rice James S and Rice Heather

Purchase Details

Closed on
Aug 9, 2015
Sold by
Wilkerson Timothy A
Bought by
Brookfield Global Relocation Services Ll

Purchase Details

Closed on
May 26, 2015
Sold by
Brookfield Global Relocation Services Ll
Bought by
Rice James S and Rice Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 28, 2009
Sold by
Perry Homes Llc
Bought by
Wilkerson Timothy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.87%
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
Nguyen Thang Cong -- Envision Title
Rice James S -- --
Brookfield Global Relocation Services Ll -- Attorney
Rice James S -- Attorney
Wilkerson Timothy A -- Chicago Title
Rice James S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Thang Cong $347,700
Previous Owner Rice James S $399,000
Previous Owner Rice James S $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2020 12/03/20 For Rent $3,850 0.0% --
12/03/2020 12/03/20 Rented $3,850 0.0% --
11/20/2020 11/20/20 Sold -- -- -- View Prior Sale
10/21/2020 10/21/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $699,000 -- $113 / Sq Ft
Source: Houston Association of REALTORS®

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 $18,975 $870,379 $141,885 $728,494
2024 $18,975 $899,085 $141,885 $757,200
2023 $18,984 $877,700 $86,842 $790,858
2022 $19,552 $797,909 $109,140 $688,769
2021 $16,940 $628,699 $109,140 $519,559
2020 $16,142 $590,859 $91,960 $498,899
2019 $16,358 $558,189 $91,960 $466,229
2018 $16,891 $571,489 $91,960 $479,529
2017 $17,281 $577,849 $91,960 $485,889
2016 $18,166 $607,449 $91,960 $515,489
2015 $10,724 $582,700 $91,960 $490,740
2014 $9,955 $529,729 $91,960 $437,769
Source: Public Records

Agents Affiliated with this Home

  • Jimmy Franklin

    Seller's Agent in 2020

    Jimmy Franklin

    eXp Realty LLC

    (346) 336-4443

    4,810 Total Sales

    Jimmy Franklin
    Section Image
  • Thai Truong

    Landlord's Agent in 2020

    Thai Truong

    eXp Realty LLC

    (281) 701-5117

    288 Total Sales

    Thai Truong
    Section Image
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Map

Source: Houston Association of REALTORS®

MLS Number: 62030920

Houston Association of REALTORS®

APN: 3105-11-003-0150-914

Texas Fort Bend County Katy 77494

2418 Monarch Terrace Dr, Katy, TX

Not Listed for Sale

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