NOT LISTED FOR SALE

Estimated Value: $427,090 - $468,000

4 Beds
2 Baths
2,222 Sq Ft
$204/Sq Ft Est. Value

Last Sold November 12, 2021

Current estimated payment $3,095/month

Highlights

  • 1-Story Property
  • Central Heating and Cooling System
  • Fenced
  • Cora Spencer Elementary School Rated A
  • 2-Car Garage with one garage door
  • Gas Log Fireplace

About This Home

As of November 2021

This home is located at 2947 Mere Ln, Grand Prairie, TX 75054 since 01 November 2021 and is currently priced at $454,023. This property was built in 2016. 2947 Mere Ln is a home located in Tarrant County with nearby schools including Cora Spencer Elementary School, Mary Lillard Intermediate School, and Danny Jones Middle School.

Last Agent to Rent the Property

Julian Benson

Nextgen Realty License #0583487 Listed on: 11/01/2021

Last Renter's Agent

Julian Benson

Nextgen Realty License #0583487 Listed on: 11/01/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,961

Year Built

  • Built in 2016

Lot Details

  • 8,712 Sq Ft Lot
  • Fenced

Parking

  • 2-Car Garage with one garage door

Home Design

  • Block Exterior
  • Stone Siding

Interior Spaces

  • 2,222 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace

Kitchen

  • Electric Oven
  • Gas Cooktop
  • <<microwave>>
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Cora Spencer Elementary School
  • Jones Middle School
  • Mary Lillard Middle School
  • Mansfield Lake Ridge High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • First Service Residential HOA, Phone Number (817) 378-2388
  • Lakeview West Sec 2 Ph 1 Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,600
  • Tenant pays for all utilities, electricity, gas, grounds care, insurance, security, sewer, water
  • $55 Application Fee
  • Legal Lot and Block 16 / D
  • Assessor Parcel Number 42062070

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,961

Year Built

Built in 2016

Lot Details

0

Parking

2

Rental Info

  • Deposit Amount: 2600
  • Lease Conditions: Application Fee, Credit Report, Written Application (+)
  • Lease Type: 1 Year Plus
  • Tenant Pays: All Utilities, Electricity, Gas, Grounds Care, Insurance, Security, Sewer, Water
  • Application Fee: 55
  • Lease Term Description: one year

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Structural Style: Single Detached
  • Unit Levels: One
  • Restrictions: Unknown Encumbrance(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 1.17012
  • Special Features: None
  • Year Built: 2016

Interior Features

  • Square Footage: 2222.00
  • Fireplace Features: Gas Logs, Gas Starter
  • Appliances: Dishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed for Ice Maker
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 2
  • Room Count: 5
  • Appliances: No

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Fencing: Fenced
  • Construction Materials: Block, Rock/Stone

Garage/Parking

  • Cooling System: Central Air, Electric
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: 2-Car Single Doors
  • GarageYN: Yes

Utilities

  • Heating: Central, Natural Gas
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Association Type: Mandatory
  • Hoa Management Company: First Service Residential
  • HOA Management Company: 817-378-2388

Schools

  • School District: Mansfield ISD
  • Elementary School: Cora Spencer
  • Middle School: Jones
  • High School: Mansfield Lake Ridge
  • School District: Mansfield ISD
  • Elementary School: Cora Spencer
  • Intermediate School: Mary Lillard
  • High School: Mansfield Lake Ridge

Lot Info

  • PropertyAttachedYN: No
  • Lot Size Units: Acres
  • Lot Size Area: 0.2000
  • Parcel Number: 42062070
  • Lot Size Acres: 0.2000
  • Lot Size Sq Ft: 8712.0000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2016

Tax Info

  • TaxBlock: D
  • Tax Lot: 16

MLS Schools

  • MiddleOrJuniorSchool: Jones
  • Middle School Name: Jones
  • Elementary School Name: Cora Spencer
  • High School Name: Mansfield Lake Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2021
Closed on
Nov 12, 2021
Sold by
Freed Allen Arthur and Freed Patricia Lynn
Bought by
Lin Wen and Dong Bijin
Seller's Agent
Julian Benson
Nextgen Realty
Buyer's Agent
Julian Benson
Nextgen Realty
Current Estimated Value
$454,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.52%
Original Mortgage
$294,000
Outstanding Balance
$273,880
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$180,143

Purchase Details

Listed on
Aug 7, 2019
Closed on
Nov 8, 2019
Sold by
Baker Kristi S and Baker Byron M
Bought by
Freed Allen Arthur and Freed Patricia Lynn
Seller's Agent
Tanika Donnell
TDRealty
Buyer's Agent
Lisa Hager
Berkshire HathawayHS PenFed TX
List Price
$323,900
Sold Price
$320,000
Premium/Discount to List
-$3,900
-1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.74%
Original Mortgage
$284,400
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2017
Sold by
Williams Robert W
Bought by
Baker Kristi S and Baker Byron M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,348
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 9, 2016
Sold by
D R Horton Texas Ltd
Bought by
Williams Robert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,432
Interest Rate
3.71%
Mortgage Type
VA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lin Wen -- Old Republic Title
Freed Allen Arthur -- Texas Secure Title Company
Baker Kristi S -- None Available
Williams Robert W -- Dhi
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Wen $294,000
Previous Owner Freed Allen Arthur $284,400
Previous Owner Baker Kristi S $306,348
Previous Owner Williams Robert W $296,482
Previous Owner Williams Robert W $287,432
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2021 11/16/21 Rented $2,600 0.0% --
11/15/2021 11/15/21 Under Contract -- -- --
11/12/2021 11/12/21 Sold -- -- --
11/01/2021 11/01/21 For Rent $2,600 0.0% --
10/18/2021 10/18/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $400,000 +23.5% $175 / Sq Ft
11/08/2019 11/08/19 Sold -- -- --
10/08/2019 10/08/19 Pending -- -- --
08/07/2019 08/07/19 For Sale $323,900 -- $144 / 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 $6,961 $427,250 $80,000 $347,250
2023 $10,341 $447,592 $80,000 $367,592
2022 $9,611 $373,497 $70,000 $303,497
2021 $8,934 $330,261 $70,000 $260,261
2020 $8,597 $316,213 $70,000 $246,213
2019 $8,428 $300,500 $70,000 $230,500
2018 $5,822 $300,334 $70,000 $230,334
2017 $7,952 $283,338 $55,000 $228,338
2016 $1,142 $40,700 $40,700 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14702292

North Texas Real Estate Information Systems (NTREIS)

APN: 42062070