NOT LISTED FOR SALE

3937 Old Richwood Ln Fort Worth, TX 76244

Timberland Neighborhood

Estimated Value: $327,471 - $346,000

3 Beds
2 Baths
1,524 Sq Ft
$223/Sq Ft Est. Value

Last Sold December 29, 2023

Current estimated payment $2,226/month

69 Days on Market

Highlights

  • Community Pool
  • Covered patio or porch
  • 1-Story Property
  • Kay Granger Elementary School Rated A-
  • 2 Car Attached Garage
  • 5-minute walk to McPherson Ranch Park

About This Home

As of December 2023

This beautiful home is the perfect place to call home! It features a natural color palette throughout, fresh interior paint, and plenty of flexible living space. The kitchen is equipped with a center island and a nice backsplash, providing plenty of space for cooking and entertaining. The primary bathroom boasts a separate tub and shower, double sinks, and good under sink storage. Enjoy the outdoors with a fenced in backyard and a covered sitting area. With a fireplace and plenty of outdoor space, this home is ideal for relaxing and entertaining. Come see this home today and make it yours!

Last Agent to Sell the Property

Feras Rachid

Ready Real Estate Brokerage Phone: 214-378-3667 License #0675842 Listed on: 09/08/2023

Ready Real Estate

Co-Listed By

Mike Sweigart

Attorney Broker Services Brokerage Phone: 214-378-3667 License #0619916

Last Buyer's Agent

Mary Simpson

JBRE Group, LLC License #0712128

JBRE Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,631

Year Built

  • Built in 2005

Lot Details

  • 6,098

HOA Fees

  • $44 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof
  • Siding

Interior Spaces

  • 1,524 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Vinyl Plank Flooring
  • <<microwave>>

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Kay Granger Elementary School
  • John M Tidwell Middle School
  • Byron Nelson High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Covered patio or porch
  • 6,098 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 2 / 16
  • Assessor Parcel Number 40613461
  • $6,290 per year unexempt tax

Community Details

Overview

  • Association fees include ground maintenance
  • Neighborhood Management Inc. HOA, Phone Number (972) 359-1548
  • Mc Pherson Ranch Subdivision
  • Mandatory home owners association

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,631

Year Built

Built in 2005

Lot Details

0

HOA Fees

$44 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
  • Attribution Contact: 214-378-3667
  • Special Features: None
  • Year Built: 2005

Interior Features

  • Square Footage: 1524.00
  • Fireplace Features: Gas
  • Interior Amenities: Other
  • Flooring: Vinyl
  • Appliances: Microwave
  • Basement YN: No
  • Fireplaces: 1
  • 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
  • Community Features: Community Pool
  • Roof: Asphalt
  • Construction Materials: Brick, Siding
  • Patio And Porch Features: Covered, Front Porch

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds
  • Association Fee: 525
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: Neighborhood management Inc.
  • HOA Management Company: 9723591548

Schools

  • School District: Northwest ISD
  • Elementary School: Kay Granger
  • Middle School: John M Tidwell
  • High School: Byron Nelson
  • School District: Northwest ISD
  • Elementary School: Kay Granger

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Units: Acres
  • Lot Size Area: 0.1400
  • Parcel Number: 40613461
  • Lot Size Acres: 0.1400
  • Lot Size Sq Ft: 6098.4000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2005

Tax Info

  • Unexempt Taxes: 6290
  • TaxBlock: 16
  • Tax Lot: 2

MLS Schools

  • Middle School Name: John M Tidwell
  • Elementary School Name: Kay Granger
  • High School Name: Byron Nelson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Dec 29, 2023
Sold by
Opendoor Property Trust
Bought by
Howell Merilee and Howell Ronald Wayne
Seller's Agent
Feras Rachid
Ready Real Estate
Buyer's Agent
Mary Simpson
JBRE Group, LLC
List Price
$350,000
Sold Price
$329,000
Premium/Discount to List
-$21,000
-6%
Views
145
Current Estimated Value
$339,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,118
Avg. Annual Appreciation
1.96%
Original Mortgage
$261,200
Outstanding Balance
$258,035
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$81,083

Purchase Details

Closed on
Aug 14, 2023
Sold by
Cornelius Valarie M and Cornelius Waylon K
Bought by
Opendoor Property Trust

Purchase Details

Closed on
Apr 8, 2013
Sold by
Beasley Myron K
Bought by
Cornelius Valarie M and Cornelius Waylon K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,387
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 14, 2010
Sold by
Beasley Sharon C and Beasley Myron K
Bought by
Beasley Myron K

Purchase Details

Closed on
Jun 30, 2005
Sold by
D R Horton Texas Ltd
Bought by
Beasley Myron K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,200
Interest Rate
5.63%
Mortgage Type
Fannie Mae Freddie Mac
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
Howell Merilee -- None Listed On Document
Opendoor Property Trust -- None Listed On Document
Cornelius Valarie M -- None Available
Beasley Myron K -- None Available
Beasley Myron K -- Dhi Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howell Merilee $261,200
Previous Owner Cornelius Valarie M $31,992
Previous Owner Cornelius Valarie M $129,387
Previous Owner Beasley Myron K $105,200
Previous Owner Beasley Myron K $26,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2023 12/29/23 Sold -- -- --
11/17/2023 11/17/23 Pending -- -- --
10/18/2023 10/18/23 Price Changed $329,000 -2.1% $216 / Sq Ft
10/04/2023 10/04/23 Price Changed $336,000 -0.9% $220 / Sq Ft
09/20/2023 09/20/23 Price Changed $339,000 -3.1% $222 / Sq Ft
09/08/2023 09/08/23 For Sale $350,000 -- $230 / 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 $3,631 $314,439 $65,000 $249,439
2023 $6,105 $306,713 $65,000 $241,713
2022 $6,290 $261,930 $50,000 $211,930
2021 $6,245 $222,862 $50,000 $172,862
2020 $5,802 $210,529 $50,000 $160,529
2019 $6,063 $211,277 $50,000 $161,277
2018 $2,698 $195,576 $40,000 $155,576
2017 $5,276 $181,046 $40,000 $141,046
2016 $4,689 $160,892 $30,000 $130,892
2015 $3,946 $133,800 $30,000 $103,800
2014 $3,946 $133,800 $30,000 $103,800
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2023

    Feras Rachid

    Ready Real Estate

    Feras Rachid
    Section Image

  • M

    Seller Co-Listing Agent in 2023

    Mike Sweigart

    Attorney Broker Services

    (940) 808-9413

    1 in this area

    344 Total Sales

    Mike Sweigart
    Section Image
  • Mary Simpson

    Buyer's Agent in 2023

    Mary Simpson

    JBRE Group, LLC

    (817) 437-4137

    1 in this area

    55 Total Sales

    Mary Simpson
    Section Image
See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20426845

North Texas Real Estate Information Systems (NTREIS)

APN: 40613461

Texas Tarrant County Fort Worth 76244 Timberland

3937 Old Richwood Ln, Fort Worth, TX

This home is located at 3937 Old Richwood Ln, Fort Worth, TX 76244 since 08 September 2023 and is currently estimated at $339,118, approximately $222 per square foot. This property was built in 2005. 3937 Old Richwood Ln is a home located in Tarrant County with nearby schools including Kay Granger Elementary School, John M. Tidwell Middle School, and Byron Nelson High School.

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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

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