NOT LISTED FOR SALE

2948 Majestic Oak Dr Grapevine, TX 76051

Estimated Value: $721,000 - $752,000

3 Beds
3 Baths
2,650 Sq Ft
$280/Sq Ft Est. Value

Last Sold August 30, 2024

Current estimated payment $4,117/month

Highlights

  • Marina
  • Boat Dock
  • In Ground Pool
  • Heritage Elementary School Rated A+
  • Fitness Center
  • Community Lake

About This Home

As of August 2024

Welcome to this meticulously crafted custom single-story home nestled on nearly .5 acre, enveloped by majestic native trees that provide both shade and tranquility. This unique, single-owner residence offers a versatile layout with 3 spacious bedrooms, 3 full baths and flex room and formal living which offers space flexibility to include 4th bedroom AND office. The cul-de-sac location ensures privacy and minimal traffic, making it ideal for families seeking a peaceful environment. A long driveway provides ample parking & space for recreational activities. Step into the heart of relaxation with a luxurious pool, complemented by lush landscaping that creates a private oasis in your own backyard. Embrace the charm of a community known for its picturesque hills and landscaped beauty, all without the constraints of an HOA. Also, just minutes away from DFW for easy commute! Don't miss the opportunity to make this exceptional property your own retreat in a highly sought-after neighborhood.

Last Agent to Sell the Property

Christy Oakes

RE/MAX Four Corners Brokerage Phone: 972-396-9100 License #0639320 Listed on: 07/12/2024

RE/MAX Four Corners

Last Buyer's Agent

Sue Wykes

Coldwell Banker Realty License #0643098

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,637

Year Built

  • Built in 1994

Lot Details

  • 0.41 Acre Lot
  • Cul-De-Sac
  • Gated Home
  • Wrought Iron Fence
  • Privacy Fence
  • Wood Fence
  • Landscaped
  • Native Plants
  • Interior Lot
  • Misting System
  • Sprinkler System
  • Many Trees
  • Drought Tolerant Landscaping
  • Large Grassy Backyard
  • Back Yard

Parking

  • 2-Car Garage with one garage door
  • Inside Entrance
  • Parking Accessed On Kitchen Level
  • Lighted Parking
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,650 Sq Ft Home
  • 1-Story Property
  • Sound System
  • Wired For A Flat Screen TV
  • Wired For Data
  • Built-In Features
  • Woodwork
  • Paneling
  • Wainscoting
  • Ceiling Fan
  • Chandelier
  • Decorative Lighting
  • Raised Hearth
  • Gas Log Fireplace
  • Brick Fireplace
  • ENERGY STAR Qualified Windows
  • Plantation Shutters
  • Family Room with Fireplace
  • 12 Inch+ Attic Insulation

Kitchen

  • Eat-In Kitchen
  • Double Convection Oven
  • Electric Oven
  • Plumbed For Gas In Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Full Size Washer or Dryer
  • Washer and Gas Dryer Hookup

Home Security

  • Prewired Security
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Lighting
  • Energy-Efficient Thermostat

Pool

  • In Ground Pool
  • Gunite Pool
  • Pool Sweep

Outdoor Features

  • Patio
  • Rain Gutters
  • Front Porch

Schools

  • Heritage Elementary School
  • Cross Timbers Middle School
  • Grapevine High School

Utilities

  • Roof Turbine
  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Individual Gas Meter
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 06556817
  • $9,870 per year unexempt tax

Community Details

Overview

  • Heritage Oaks Add Subdivision
  • Community Lake

Recreation

  • Boat Dock
  • Marina
  • Tennis Courts
  • Racquetball
  • Community Playground
  • Fitness Center
  • Community Pool
  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,637

Year Built

Built in 1994

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: One
  • Security: Carbon Monoxide Detector(s), Prewired, Security Lights, Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Notice Surveillance Devices Pres: Audio, Video
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Horse Permitted Y N: No
  • Attribution Contact: 972-396-9100
  • Special Features: None
  • Year Built: 1994

Interior Features

  • Square Footage: 2650.00
  • Windows: Plantation Shutters, Window Coverings
  • Fireplace Features: Brick, Family Room, Gas Logs, Gas Starter, Raised Hearth
  • Interior Amenities: Built-in Features, Cable TV Available, Chandelier, Decorative Lighting, Eat-in Kitchen, Flat Screen Wiring, Granite Counters, High Speed Internet Available, Kitchen Island, Natural Woodwork, Paneling, Pantry, Sound System Wiring, Wainscoting, Walk-In Closet(s), Wired for Data
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Appliances: Dishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Convection Oven, Double Oven, Plumbed For Gas in Kitchen, Vented Exhaust Fan
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 2
  • Other Equipment: Irrigation Equipment
  • Room Count: 9

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 3

Exterior Features

  • Easements: Utilities
  • Pool: Yes
  • Foundation: Slab
  • Community Features: Community Dock, Community Pool, Curbs, Fitness Center, Jogging Path/Bike Path, Lake, Marina, Park, Playground, Racquet Ball, Sidewalks, Tennis Court(s), Other
  • Fencing: Back Yard, Gate, Privacy, Wood, Wrought Iron
  • Roof: Composition, Shingle
  • Soil Type: Unknown
  • Construction Materials: Brick
  • Exterior Features: Rain Gutters, Misting System
  • Pool Features: Gunite, In Ground, Pool Sweep
  • Patio And Porch Features: Front Porch, Patio, Rear Porch

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric, Roof Turbine(s)
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: Driveway, Garage, Garage Door Opener, Garage Faces Side, Garage Single Door, Inside Entrance, Kitchen Level, Lighted
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Natural Gas
  • LaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Utility Room, Full Size W/D Area, Washer Hookup
  • Utilities: All Weather Road, Cable Available, City Sewer, City Water, Concrete, Curbs, Electricity Available, Individual Gas Meter, Individual Water Meter, Natural Gas Available, Sewer Available, Sidewalk, Underground Utilities

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Grapevine-Colleyville ISD
  • Elementary School: Heritage

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Cul-De-Sac, Interior Lot, Landscaped, Lrg. Backyard Grass, Many Trees, Sprinkler System, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 0.4050
  • Parcel Number: 06556817
  • Lot Size Acres: 0.4050
  • Lot Size Sq Ft: 17641.8000

Green Features

  • Green Landscaping: Native Landscape
  • Efficiency: 12 inch+ Attic Insulation, Appliances, Drought Tolerant Plants, Lighting, Thermostat, Windows
  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1994

Tax Info

  • Unexempt Taxes: 9870
  • Special Taxing Entities: No
  • Tax Lot: 18

MLS Schools

  • Middle School Name: Cross Timbers
  • Elementary School Name: Heritage
  • High School Name: Grapevine

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Aug 30, 2024
Sold by
Wheat Family Living Trust and Wheat Kenneth D
Bought by
Lott Daniel M and Lott Susan P
Seller's Agent
Christy Oakes
RE/MAX Four Corners
Buyer's Agent
Sue Wykes
Coldwell Banker Realty
List Price
$720,000
Views
6
Current Estimated Value
$740,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.46%
Original Mortgage
$576,000
Outstanding Balance
$568,838
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$172,075

Purchase Details

Closed on
Jan 11, 2019
Sold by
Wheat Kenneth D and Wheat Tammy L
Bought by
Wheat Kenneth D and Wheat Tammy L

Purchase Details

Closed on
Jun 6, 1994
Sold by
Heatherwood Custom Homes Inc
Bought by
Wheat Kenneth D and Wheat Tammy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
8.23%

Purchase Details

Closed on
Feb 25, 1994
Sold by
Brown Norman J and Brown Norma Jean
Bought by
Heatherwood Custom Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
7%
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
Lott Daniel M -- Independence Title
Wheat Kenneth D -- None Available
Wheat Kenneth D -- American Title Company
Heatherwood Custom Homes Inc -- Lawyers American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lott Daniel M $576,000
Previous Owner Wheat Kenneth D $203,150
Previous Owner Heatherwood Custom Homes Inc $167,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2024 08/30/24 Sold -- -- --
07/13/2024 07/13/24 Pending -- -- --
07/12/2024 07/12/24 For Sale $720,000 -- $272 / 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
2025 $2,637 $689,464 $202,450 $487,014
2024 $2,637 $719,464 $202,450 $517,014
2023 $8,414 $723,182 $202,450 $520,732
2022 $10,603 $564,959 $202,450 $362,509
2021 $10,579 $486,556 $121,470 $365,086
2020 $9,765 $443,944 $121,470 $322,474
2019 $10,125 $445,405 $121,470 $323,935
2018 $2,399 $403,617 $90,000 $313,617
2017 $8,940 $395,021 $90,000 $305,021
2016 $8,128 $393,489 $90,000 $303,489
2015 $6,919 $319,500 $50,000 $269,500
2014 $6,919 $319,500 $50,000 $269,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20669456

North Texas Real Estate Information Systems (NTREIS)

APN: 06556817