NOT LISTED FOR SALE

316 Lake by Dr Kemp, TX 75143

Estimated Value: $279,000 - $318,000

3 Beds
2 Baths
2,007 Sq Ft
$150/Sq Ft Est. Value

Last Sold April 06, 2023

Current estimated payment $1,921/month

18 Days on Market

Highlights

  • Open Floorplan
  • Laundry in Utility Room
  • 1-Story Property
  • Vaulted Ceiling
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of April 2023

This 3 bed, 2 bath brick home boasts over 2,000 square feet of living space, situated on a sprawling 3-acre lot in a peaceful country subdivision just minutes from town and offers the perfect blend of privacy and convenience. As you step inside, you'll be greeted by a spacious living room with a cozy fireplace, perfect for chilly evenings. The open floor plan flows seamlessly into the dining area and kitchen, making it the perfect space for entertaining. The master bedroom is large and features an en-suite bathroom. Two additional bedrooms and another full bathroom provide plenty of space for family and guests. The home also includes an additional large room that could be used as an office, gym, or fourth bedroom. The property boasts a stunning yard with ample space for outdoor activities. This home is perfect for those who crave a peaceful and quiet lifestyle while still being close to all the amenities that town has to offer. Schedule your showing today!

Last Agent to Sell the Property

Lacy Rider

Premier Realty License #0756653 Listed on: 02/03/2023

Premier Realty

Last Buyer's Agent

Max Dunham

Ebby Halliday, REALTORS License #0562324

Ebby Halliday, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,261

Year Built

  • Built in 1982

Lot Details

  • 3 Acre Lot

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 4 Carport Spaces

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,007 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Living Room with Fireplace
  • Tile Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Electric Dryer Hookup

Schools

  • Lakeview Elementary School
  • Mabank Middle School
  • Mabank High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Association fees include management fees
  • Lake By Acres Property Owners Association, Inc. HOA, Phone Number (469) 387-5302
  • Lake Acres Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 32750000039050
  • $2,925 per year unexempt tax

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,261

Year Built

Built in 1982

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structural Style: Single Detached
  • Unit Levels: One
  • Restrictions: Deed
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Attribution Contact: 903-205-1717
  • Special Features: None
  • Year Built: 1982

Interior Features

  • Square Footage: 2007.00
  • Fireplace Features: Living Room
  • Interior Amenities: Open Floorplan, Vaulted Ceiling(s)
  • Flooring: Tile
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 2

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

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

Garage/Parking

  • Cooling System: Central Air
  • Carport Spaces: 4
  • Total Covered Spaces: 4
  • Parking Features: Carport
  • GarageYN: No

Utilities

  • Heating: Central
  • LaundryFeatures: Electric Dryer Hookup, Utility Room
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • HOA Fee Includes: Management Fees
  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: Lake By Acres Property Owners Association, Inc.
  • HOA Management Company: 469-387-5302

Schools

  • School District: Mabank ISD
  • Elementary School: Lakeview
  • High School: Mabank
  • School District: Mabank ISD
  • Elementary School: Lakeview
  • Intermediate School: Mabank
  • Junior High School: Mabank

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 3 to < 5 Acres
  • Lot Size Units: Acres
  • Lot Size Area: 3.0000
  • Parcel Number: 32750000039050
  • Lot Size Acres: 3.0000
  • Lot Size Sq Ft: 130680.0000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1982

Tax Info

  • Unexempt Taxes: 2925
  • Tax Lot: 39

MLS Schools

  • Elementary School Name: Lakeview
  • High School Name: Mabank

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2023
Closed on
Apr 5, 2023
Sold by
William Edward Garrett Revocable Trust
Bought by
Westlund Carol
Seller's Agent
Lacy Rider
Premier Realty
Buyer's Agent
Max Dunham
Ebby Halliday, REALTORS
List Price
$240,000
Total Days on Market
18
Views
10
Current Estimated Value
$301,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.23%
Original Mortgage
$200,000
Outstanding Balance
$195,379
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$105,928

Purchase Details

Closed on
Jul 27, 2004
Sold by
Garrett William E and Garrett Joyce F
Bought by
Garrett William Edward

Purchase Details

Closed on
Jun 4, 2001
Sold by
Nobles Richard M
Bought by
Garrett William Edward
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
Westlund Carol -- Navarro County Abstract
Garrett William Edward -- --
Garrett William Edward -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Westlund Carol $200,000
Previous Owner Garrett William Edward $96,700
Previous Owner Garrett William Edward $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2023 04/06/23 Sold -- -- --
02/21/2023 02/21/23 Pending -- -- --
02/03/2023 02/03/23 For Sale $240,000 -- $120 / 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 $3,261 $235,516 $15,000 $220,516
2023 $2,642 $189,860 $15,000 $174,860
2022 $2,925 $189,860 $15,000 $174,860
2021 $2,816 $158,150 $9,000 $149,150
2020 $2,794 $146,190 $9,000 $137,190
2019 $2,859 $144,870 $9,000 $135,870
2018 $2,456 $124,150 $9,000 $115,150
2017 $2,412 $121,900 $9,000 $112,900
2016 $2,412 $121,900 $9,000 $112,900
2015 $1,821 $121,900 $9,000 $112,900
2014 $1,947 $121,900 $9,000 $112,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20252066

North Texas Real Estate Information Systems (NTREIS)

APN: 3275-0000-0390-50