NOT LISTED FOR SALE

38 Fairhope Ln Magnolia, TX 77355

Estimated Value: $337,864 - $428,000

3 Beds
2 Baths
1,990 Sq Ft
$195/Sq Ft Est. Value

Last Sold January 30, 2020

Current estimated payment $2,547/month

74 Days on Market

Highlights

  • Under Construction
  • Deck
  • High Ceiling
  • Nichols Sawmill Elementary School Rated 9+
  • Traditional Architecture
  • Granite Countertops

About This Home

As of January 2020

Beautiful One Story New Construction home on large lot! Estimated time of completion January 2020. The interior features include Open living area with high ceilings, HUGE table top island kitchen with granite counters, Espresso Shaker Style cabs w/brush nickel hardware, large walk in pantry. Spacious dining area. Ceiling fans in living room and bedrooms! Spacious master suite with separate tub and large shower and DBL vanity with granite counters and a VERY large closet (approx. 13X11). Luxury Vinyl plank floors (Looks Like Wood) thru-out the home for low maintenance and durability. Vinyl Double pane tilt sash windows, 2" blinds through-out the home, Radiant barrier for energy efficiency, Pex plumbing, 35 year shingle roof, Exterior Brick and Hardie Siding. Front/back yard sodded with sprinkler system and landscaping in front yard trimmed with stone boarder. Large (approx 8X10) Utility room in house with access to master closet for convenience. 2-10 Home Warranty.

Last Agent to Sell the Property

Kristie Zorens

Elite Texas Properties License #0534188 Listed on: 10/17/2019

Elite Texas Properties

Last Buyer's Agent

Susana Garay

License #0638356

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,424

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • 0.33 Acre Lot
  • North Facing Home
  • Sprinkler System
  • Private Yard

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

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

Interior Spaces

  • 1,990 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Insulated Doors
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Utility Room
  • Washer and Gas Dryer Hookup
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower

Eco-Friendly Details

  • Energy-Efficient Windows with Low Emissivity
  • Energy-Efficient Exposure or Shade
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Energy-Efficient Doors
  • Energy-Efficient Thermostat
  • Ventilation

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Nichols Sawmill Elementary School
  • Magnolia Junior High School
  • Magnolia West High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Tankless Water Heater

Community Details

  • Ckm Property Management Association, Phone Number (281) 255-3055
  • Built by MKM Superior Homes,
  • The Villages Of Heritage Point Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,424

Year Built

Built in 2019 | Under Construction

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Year Built: 2019
  • Lot Size Acres: 0.3279
  • Road Surface Type: Concrete
  • Subdivision Name: The Villages Of Heritage Point
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Efficiency: Radiant Attic Barrier, Doors, Exposure/Shade, HVAC, Insulation, Thermostat, Water Heater, Windows
  • UniversalParcelId: urn:reso:upi:2.0:US:48339:9244-00-04300
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Electric Oven, Gas Cooktop, Disposal, Gas Range, Microwave, Tankless Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Insulated Doors
  • Flooring: Plank, Vinyl
  • Interior Amenities: Breakfast Bar, Dual Sinks, Granite Counters, High Ceilings, Kitchen Island, Kitchen/Family Room Combo, Separate Shower, Walk-In Pantry, Window Treatments, Ceiling Fan(s), Programmable Thermostat
  • Living Area: 1990.0
  • Dining Room Type: Dining Room, Living Room, Utility Room
  • Window Features: Low-Emissivity Windows

Exterior Features

  • Builder Name: MKM Superior Homes,
  • Disclosures: None
  • Roof: Composition
  • Lot Features: Subdivision
  • Pool Private: No
  • Construction Type: Brick Veneer, Cement Siding
  • Direction Faces: North
  • Exterior Features: Covered Patio, Sprinkler/Irrigation, Porch, Patio, Private Yard
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Deck, Patio, Porch
  • Property Condition: Under Construction

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Annually
  • Association Name: CKM property management
  • Phone: 281-255-3055
  • Association: Yes

Schools

  • Elementary School: NICHOLS SAWMILL ELEMENTARY SCHOOL
  • Junior High Dist: 36 - Magnolia
  • High School: MAGNOLIA WEST HIGH SCHOOL
  • Middle Or Junior School: MAGNOLIA JUNIOR HIGH SCHOOL

Green Features

  • Green Indoor Air Qlty: Ventilation

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1424.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2019
Closed on
Jan 30, 2020
Sold by
Mkm Superior Homes Llc
Bought by
Marker Thomas and Marker Karen
Seller's Agent
Kristie Zorens
Elite Texas Properties
Buyer's Agent
Susana Garay
List Price
$249,900
Current Estimated Value
$388,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.90%
Original Mortgage
$149,900
Outstanding Balance
$132,417
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$256,299

Purchase Details

Listed on
Jan 14, 2019
Closed on
Mar 19, 2019
Sold by
Gomez Gustavo and Gomez Esperanza
Bought by
Mkm Siperior Homes Llc
Seller's Agent
Leslie Sullivan
RE/MAX Partners
Buyer's Agent
Kristie Zorens
Elite Texas Properties
List Price
$38,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
890.22%
Original Mortgage
$168,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2012
Sold by
Omnibank Na
Bought by
Gomez Gustavo and Gomez Esperanza

Purchase Details

Closed on
Jun 20, 2003
Sold by
Supreme Builders Ltd
Bought by
Gomez Gustavo and Gomez Esperanza

Purchase Details

Closed on
Aug 28, 2002
Sold by
Prussia Enterprises Inc
Bought by
Gomez Gustavo and Gomez Esperanza
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
Marker Thomas -- Chicago Title Of Texas Llc
Mkm Siperior Homes Llc -- Capital Title
Gomez Gustavo -- Alamo Title Company
Gomez Gustavo -- --
Gomez Gustavo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marker Thomas $149,900
Previous Owner Mkm Siperior Homes Llc $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2024 12/01/24 Off Market -- -- --
12/31/2021 12/31/21 Off Market -- -- --
01/30/2020 01/30/20 Sold -- -- --
12/31/2019 12/31/19 Pending -- -- --
10/17/2019 10/17/19 For Sale $249,900 +557.6% $126 / Sq Ft
03/19/2019 03/19/19 Sold -- -- -- View Prior Sale
02/17/2019 02/17/19 Pending -- -- --
01/14/2019 01/14/19 For Sale $38,000 -- $19 / 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 $5,674 $363,375 -- --
2024 $2,494 $330,341 -- --
2023 $2,494 $300,310 $64,270 $274,470
2022 $7,875 $273,010 $42,850 $274,470
2021 $7,393 $248,190 $42,850 $205,340
2020 $7,718 $238,660 $42,850 $195,810
2019 $1,381 $42,850 $42,850 $0
2018 $1,424 $42,850 $42,850 $0
2017 $1,444 $42,850 $42,850 $0
2016 $506 $15,000 $15,000 $0
2015 $509 $15,000 $15,000 $0
2014 $509 $15,000 $15,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 92966799

Houston Association of REALTORS®

APN: 9244-00-04300