NOT LISTED FOR SALE

3116 Montego Bay Ln Fort Worth, TX 76123

Rainbow Ridge Neighborhood

Estimated Value: $275,265 - $317,000

3 Beds
2 Baths
1,608 Sq Ft
$186/Sq Ft Est. Value

Last Sold May 12, 2022

Current estimated payment $2,150/month

30 Days on Market

Highlights

  • 2 Car Attached Garage
  • 1-Story Property
  • Heating Available
  • Ceramic Tile Flooring
  • Central Air

About This Home

As of May 2022

Built in 2019, this Fort Worth one-story home offers granite countertops, and a two-car garage.
This home has been virtually staged to illustrate its potential.

Last Agent to Sell the Property

Feras Rachid

Ready Real Estate License #0675842 Listed on: 03/07/2022

Ready Real Estate

Last Buyer's Agent

NON-MLS MEMBER

NON MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,114

Year Built

  • Built in 2019

Lot Details

  • 5,502 Sq Ft Lot

HOA Fees

  • $14 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,608 Sq Ft Home
  • 1-Story Property
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Hargrave Elementary School
  • Crowley Middle School
  • North Crowley High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • Association fees include ground maintenance
  • Classic Property Management HOA, Phone Number (817) 640-2064
  • Rainbow Ridge Add Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Legal Lot and Block 29 / 14
  • Assessor Parcel Number 42515015
  • $5,669 per year unexempt tax

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,114

Year Built

Built in 2019

Lot Details

0

HOA Fees

$14 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structural Style: Single Detached
  • Unit Levels: One
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Special Features: None
  • Year Built: 2019

Interior Features

  • Square Footage: 1608.00
  • Interior Amenities: Other
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: Dishwasher
  • Basement YN: No
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 2

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Brick

Garage/Parking

  • Cooling System: Central Air
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: Garage
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Electric
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds
  • Association Fee: 165
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: Classic Property Management
  • HOA Management Company: 8176402064

Schools

  • School District: Crowley ISD
  • Elementary School: Hargrave
  • Middle School: Crowley
  • High School: North Crowley
  • School District: Crowley ISD
  • Intermediate School: Crowley

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Units: Acres
  • Lot Size Area: 0.1263
  • Parcel Number: 42515015
  • Lot Size Acres: 0.1263
  • Lot Size Sq Ft: 5501.6280

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2019

Tax Info

  • Unexempt Taxes: 5669
  • TaxBlock: 14
  • Tax Lot: 29

MLS Schools

  • Middle School Name: Crowley
  • Elementary School Name: Hargrave
  • High School Name: North Crowley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2022
Closed on
May 12, 2022
Sold by
Opendoor Property Trust I
Bought by
Fkh Sfr Propco J Llc
Seller's Agent
Feras Rachid
Ready Real Estate
Buyer's Agent
NON-MLS MEMBER
NON MLS
List Price
$375,000
Current Estimated Value
$298,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.60%

Purchase Details

Closed on
Feb 7, 2022
Sold by
Watson and Tristan
Bought by
Opendoor Property Trust I

Purchase Details

Closed on
Jan 23, 2020
Sold by
Impression Homes Llc
Bought by
Watson Tarsha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,748
Interest Rate
3.73%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 20, 2019
Sold by
Rainbow Ridge Llc
Bought by
Impression Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000,000
Interest Rate
3.6%
Mortgage Type
Credit Line Revolving
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
Fkh Sfr Propco J Llc -- Hassen Law Pllc
Opendoor Property Trust I -- Hassen Law Pllc
Opendoor Property Trust -- None Listed On Document
Watson Tarsha -- None Available
Impression Homes Llc -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Watson Tarsha $205,748
Previous Owner Impression Homes Llc $20,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2022 05/12/22 Sold -- -- --
04/06/2022 04/06/22 Pending -- -- --
03/24/2022 03/24/22 Price Changed $374,000 -0.3% $233 / Sq Ft
03/07/2022 03/07/22 For Sale $375,000 -- $233 / 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 $6,114 $250,907 $60,000 $190,907
2023 $7,266 $295,630 $60,000 $235,630
2022 $7,426 $268,983 $50,000 $218,983
2021 $5,821 $200,395 $50,000 $150,395
2020 $5,889 $200,772 $50,000 $150,772
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2022

    Feras Rachid

    Ready Real Estate

    Feras Rachid
    Section Image

  • N

    Buyer's Agent in 2022

    NON-MLS MEMBER

    NON MLS

See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20005061

North Texas Real Estate Information Systems (NTREIS)

APN: 42515015

Texas Tarrant County Fort Worth 76123 Rainbow Ridge

3116 Montego Bay Ln, Fort Worth, TX

This home is located at 3116 Montego Bay Ln, Fort Worth, TX 76123 since 07 March 2022 and is currently estimated at $298,566, approximately $185 per square foot. This property was built in 2019. 3116 Montego Bay Ln is a home located in Tarrant County with nearby schools including J A Hargrave Elementary School, Crowley Middle School, and North Crowley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

North Texas Real Estate Information Systems (NTREIS) Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved

Nearby Homes