NOT LISTED FOR SALE

2518 E Blue Lake Dr Magnolia, TX 77354

Estimated Value: $566,000 - $637,000

4 Beds
2.5 Baths
2,763 Sq Ft
$217/Sq Ft Est. Value

Last Sold October 30, 2023

Current estimated payment $3,891/month

13 Days on Market

Highlights

  • In Ground Pool
  • Traditional Architecture
  • Home Office
  • Lone Star Elementary School Rated A
  • 1 Fireplace
  • Breakfast Room

About This Home

As of October 2023

This exquisite 4-bedroom, 2 full & 1 half-bathroom home on a sprawling 1.3+ acre lot offers the perfect blend of serene country living & city convenience. This beautifully maintained home boasts spacious formal living, dining, & family room, offering plenty of room for entertaining or enjoying quiet family time. Work from home in the private French door home office. The spacious master suite features an updated ensuite bath. Dive into the refreshing pool & gather around the poolside patio for unforgettable outdoor gatherings. With over 1.3 acres of land, there's plenty of space for outdoor activities, gardening, & more. Enjoy access to some of the area's best schools in Montgomery ISD. Enjoy nature in the neighborhood lakes & parks, or take a short drive north to boating & water sports on Lake Conroe. While relishing the tranquility of country living, you're just a short drive away from vibrant dining, shopping, & entertainment options that The Woodlands & Woodforest offer.

Last Agent to Sell the Property

Jack Allen

Jack Allen Real Estate Company LLC License #0630132 Listed on: 09/14/2023

Last Buyer's Agent

Brandy Zimos

Keller Williams Realty Southwest License #0634176

Keller Williams Realty Southwest

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,197

Year Built

  • Built in 1997

Lot Details

  • 1.33 Acre Lot
  • Back Yard Fenced

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 2,763 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Window Treatments
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Utility Room

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Vanity
  • Bathtub with Shower

Pool

  • In Ground Pool

Schools

  • Lone Star Elementary School
  • Oak Hill Junior High School
  • Lake Creek High School

Utilities

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

Community Details

  • Montgomery Trace Poa, Phone Number (281) 255-3055
  • Montgomery Trace 02 Subdivision

Listing and Financial Details

  • Exclusions: See Attached List

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,197

Year Built

Built in 1997

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Building Stories: 2
  • Year Built: 1997
  • Lot Size Acres: 1.325
  • Subdivision Name: Montgomery Trace 02
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48339:7281-02-08100
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Tub Shower
  • Living Area: 2763.0
  • Dining Room Type: Breakfast Room/Nook, Dining Room, Family Room, Living Room, Office, Utility Room
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Exclusions Disclosure, Seller Disclosure
  • Exclusions: See Attached List
  • Roof: Composition
  • Fencing: Back Yard
  • Lot Features: Subdivision
  • Pool Features: In Ground
  • Pool Private: Yes
  • Construction Type: Brick, Cement Siding
  • Exterior Features: Fence
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • 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: 400.0
  • Association Fee Frequency: Annually
  • Association Name: Montgomery Trace POA
  • Phone: 281-255-3055
  • Association: Yes

Schools

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

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8197.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
Oct 30, 2023
Sold by
Guarda Carita Lynn and Guarda Mauricio A
Bought by
Danley Larry and Byrd Taylor
Seller's Agent
Jack Allen
Jack Allen Real Estate Company LLC
Buyer's Agent
Brandy Zimos
Keller Williams Realty Southwest
List Price
$565,000
Views
25
Current Estimated Value
$600,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.57%
Original Mortgage
$547,500
Outstanding Balance
$537,349
Interest Rate
7.18%
Mortgage Type
VA
Estimated Equity
$63,474

Purchase Details

Listed on
Apr 18, 2022
Closed on
Jun 14, 2022
Sold by
Jose Saavedra
Bought by
Guarda Carita Lynn and Guarda Mauricio A
Seller's Agent
Blanca Clark
Las Lomas Realty Elite
Buyer's Agent
Christopher Townsend
Pinnacle Realty Advisors
List Price
$485,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.69%
Original Mortgage
$428,000
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2014
Sold by
Swatzel Keith and Swatzel Sherry
Bought by
Saavedra Jose and Saldierna Anastacio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,200
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 22, 2004
Sold by
Marshall David Wesley and Marshall Donnah K
Bought by
Swatzel Keith and Swatzel Sherry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,800
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 1997
Sold by
Ebco Land Development
Bought by
Saavedra Jose and Anastacio Saldierna
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
Danley Larry -- Chicago Title
Guarda Carita Lynn -- Chicago Title Company
Saavedra Jose -- Fidelity National Title
Swatzel Keith -- Chicago Title
Saavedra Jose -- --
Saavedra Jose -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Danley Larry $547,500
Previous Owner Guarda Carita Lynn $428,000
Previous Owner Saavedra Jose $244,200
Previous Owner Saavedra Jose $160,800
Closed Saavedra Jose $40,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2023 10/30/23 Sold -- -- --
09/27/2023 09/27/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $565,000 +16.5% $204 / Sq Ft
06/15/2022 06/15/22 Sold -- -- -- View Prior Sale
06/15/2022 06/15/22 Off Market -- -- --
04/27/2022 04/27/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $485,000 -- $199 / 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 $8,336 $488,869 $165,625 $323,244
2024 $6,736 $518,654 $165,625 $353,029
2023 $6,736 $518,660 $132,500 $396,280
2022 $8,197 $471,510 $104,940 $366,570
2021 $5,681 $311,520 $53,000 $258,520
2020 $5,551 $290,060 $53,000 $237,060
2019 $5,958 $314,120 $53,000 $261,120
2018 $5,659 $283,440 $39,750 $243,690
2017 $5,789 $288,570 $39,750 $248,820
2016 $5,194 $258,910 $39,750 $219,160
2015 $4,559 $258,910 $39,750 $219,160
2014 $4,559 $239,540 $19,880 $233,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 23618162

Houston Association of REALTORS®

APN: 7281-02-08100