NOT LISTED FOR SALE

2503 Blue Lake Dr Magnolia, TX 77354

Estimated Value: $585,000 - $659,000

4 Beds
3.5 Baths
2,581 Sq Ft
$239/Sq Ft Est. Value

Last Sold December 06, 2013

Current estimated payment $3,703/month

12 Days on Market

Highlights

  • Deck
  • Adjacent to Greenbelt
  • High Ceiling
  • Lone Star Elementary School Rated A
  • Traditional Architecture
  • Granite Countertops

About This Home

As of December 2013

BEAUTIFUL HOME ON 1.68 ACRES IN MONTGOMERY TRACE. HOME FEATURES A LARGE KITCHEN WITH GRANITE C-TOPS, STAINLESS APPLIANCES AND CABINETS EVERYWHERE! LARGE FAMILY ROOM COMPLETE THIS HOME THAT'S GREAT FOR FAMILY GET TOGETHERS! CIRCULAR DRIVE, SPRINKLER SYSTEM, 3 CAR GARAGE, HUGE CONCRETE PAD OFF GARAGE, ELECTRIC GATE, MANICURED LAWN & GARDEN WITH NATURAL TRAILS THROUGHOUT THE ACREAGE. BACKS TO RIDING TRAILS. RECENT UPDATES WITH CARPET IN B/R AND PAINT THROUGHOUT!

Last Agent to Sell the Property

Joan Townsend

RE/MAX The Woodlands & Spring License #0448215 Listed on: 10/25/2013

RE/MAX The Woodlands & Spring

Last Buyer's Agent

Terry Foyt

Foyt Realty License #0469432

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,498

Year Built

  • Built in 1998

Lot Details

  • 1.68 Acre Lot
  • Adjacent to Greenbelt
  • East Facing Home
  • Back Yard Fenced
  • Sprinkler System
  • Cleared Lot

Parking

  • 3 Car Garage
  • 1 Attached Carport Space
  • Circular Driveway
  • Electric Gate

Home Design

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

Interior Spaces

  • 2,581 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Security System Owned

Kitchen

  • Electric Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry in Utility Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Deck
  • Patio

Schools

  • Lone Star Elementary School
  • Montgomery Junior High School
  • Montgomery High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Septic Tank

Community Details

  • Property has a Home Owners Association
  • Principal Association, Phone Number (713) 329-7100
  • Montgomery Trace 02 Subdivision

Listing and Financial Details

  • Exclusions: SEE EXCLUSION LIST

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,498

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Building Stories: 1
  • Year Built: 1998
  • Lot Size Acres: 1.68
  • Road Surface Type: Asphalt
  • Ownership: Full Ownership
  • Subdivision Name: MONTGOMERY TRACE 02
  • Architectural Style: Ranch, Traditional
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48339:7281-02-06300
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Oven, Disposal, Gas Range, Microwave
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Dual Sinks, Granite Counters, High Ceilings, Kitchen Island, Separate Shower, Window Treatments, Ceiling Fan(s)
  • Living Area: 2581.0
  • Dining Room Type: Breakfast Room/Nook, Den, Dining Room, Family Room, Living Room

Exterior Features

  • Disclosures: Exclusions Disclosure, Seller Disclosure
  • Exclusions: SEE EXCLUSION LIST
  • Roof: Composition
  • Fencing: Back Yard
  • Lot Features: Cleared, Backs to Greenbelt/Park
  • Pool Private: No
  • Construction Type: Brick, Wood Siding
  • Direction Faces: East
  • Exterior Features: Deck, Fence, Sprinkler/Irrigation, Patio, Private Yard
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Carport Spaces: 1.0
  • Garage Spaces: 3.0
  • Parking Features: Attached Carport, Circular Driveway, Electric Gate, Garage

Utilities

  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Laundry in Utility Room
  • Security: Security System Owned
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Name: PRINCIPAL
  • Phone: 713-329-7100
  • Association: Yes

Schools

  • Elementary School: LONE STAR ELEMENTARY SCHOOL (MONTGOMERY)
  • Junior High Dist: 37 - Montgomery
  • High School: MONTGOMERY HIGH SCHOOL
  • Middle Or Junior School: MONTGOMERY JUNIOR HIGH SCHOOL

Lot Info

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 5498.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2013
Closed on
Dec 6, 2013
Sold by
Bruner Robert E and Estate Of Robert E Bruner
Bought by
Richey John F
Seller's Agent
Joan Townsend
RE/MAX The Woodlands & Spring
Buyer's Agent
Terry Foyt
Foyt Realty
List Price
$350,000
Current Estimated Value
$616,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.84%
Original Mortgage
$34,950
Outstanding Balance
$9,065
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$607,882

Purchase Details

Closed on
Feb 19, 1997
Sold by
Ebco Land Development
Bought by
Richey John Frazier
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Richey John F -- Startex Title Company
Richey John Frazier -- --
Bruner Robert E -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richey John F $34,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2013 12/06/13 Sold -- -- --
11/06/2013 11/06/13 Pending -- -- --
10/25/2013 10/25/13 For Sale $350,000 -- $136 / 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 $5,449 $499,000 $211,000 $288,000
2024 $5,420 $509,201 -- --
2023 $5,420 $462,910 $113,690 $478,950
2022 $7,316 $420,830 $133,690 $366,310
2021 $6,977 $382,570 $67,520 $327,480
2020 $6,656 $347,790 $67,520 $280,270
2019 $7,719 $407,000 $67,520 $344,470
2018 $6,655 $370,000 $50,640 $319,360
2017 $7,329 $365,310 $50,640 $319,360
2016 $6,663 $332,100 $50,640 $281,460
2015 $6,482 $321,880 $50,640 $271,240
2014 $6,482 $336,320 $21,100 $315,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 58455304

Houston Association of REALTORS®

APN: 7281-02-06300