NOT LISTED FOR SALE

401 Timber Lake Way Southlake, TX 76092

Estimated Value: $1,077,000 - $1,285,000

4 Beds
3 Baths
4,052 Sq Ft
$290/Sq Ft Est. Value

Last Sold January 05, 2023

Current estimated payment $7,794/month

6 Days on Market

Highlights

  • Community Lake
  • Adjacent to Greenbelt
  • Traditional Architecture
  • Robert High Rockenbaugh Elementary School Rated A+
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of January 2023

COME EXPERIENCE & ENJOY THE BACKYARD TRANQUILITY OF HIS CUSTOM HOME*RELAXING POOL*BACKING TO A HEAVILY WOODED AREA MANAGED BY THE HOA. Rare opportunity in Timber Lake, neighborhood fishing, swimming, tennis , parks, playground & jogging trails*Primary Suite, second bedroom, media room & executive office on main level*Hardwood floors flow through the entry, walkways, kitchen & great room*For the wine connoisseur there's walk-in storage with iron door*Open living plan for entertaining*The kitchen & family room overlook the outside covered entertaing area & pool*
SS appliances, double ovens,beverage cooler & gas cooking compliment the kitchen*The wrought iron staircase leads to the spacious secondary bedrooms & Game Room which can also serve as the 5th bedroom*Recent Improvements-HVAC's 2017 & 2018, Roof 2014 with 50 Year warranty, Carpeting 2020, Water heaters 2019 &2020, Porcelain tile in study & dining 2017, 5G Cellular Enabled Security System, Reverse Osmosis System* Come View Today!

Last Agent to Sell the Property

Linda Peterson

Century 21 Mike Bowman, Inc. Brokerage Phone: 817-354-7653 License #0386837 Listed on: 11/30/2022

Century 21 Mike Bowman, Inc.

Last Buyer's Agent

Non-NTREIS MLS Licensee

NON MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,310

Year Built

  • Built in 1994

Lot Details

  • 0.39 Acre Lot
  • Adjacent to Greenbelt
  • Wrought Iron Fence
  • Wood Fence
  • Interior Lot
  • Level Lot
  • Sprinkler System
  • Lawn
  • Back Yard

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Rear-Facing Garage
  • Multiple Garage Doors
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 4,052 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Decorative Lighting
  • Gas Log Fireplace
  • Window Treatments

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Electric Oven
  • Built-In Gas Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Utility Room
  • Washer and Electric Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Pool Water Feature
  • Gunite Pool
  • Pool Sweep

Outdoor Features

  • Covered Patio or Porch

Schools

  • Rockenbaug Elementary School
  • Carroll High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 36R / 1
  • Assessor Parcel Number 06587607

Community Details

Overview

  • Association fees include all facilities, management
  • Timber Lake Association
  • Timber Lake Add Subdivision
  • Community Lake
  • Greenbelt

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,310

Year Built

Built in 1994

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • OWNERNAME: Robert Barr
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional, Detached
  • Unit Levels: Two
  • Security: Security System, Smoke Detector(s)
  • Year Built Details: Preowned
  • Attribution Contact: 817-354-7653
  • Co List Office Mls Id: BWMN01EU
  • Structure Type: House
  • HumanModifiedYN: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48439:06587607
  • Special Features: VirtualTour
  • Year Built: 1994

Interior Features

  • Square Footage: 4052.0
  • Windows: Window Coverings
  • Fireplace Features: Gas Log
  • Interior Amenities: Built-in Features, Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Ceramic Tile, Wood
  • Appliances: Some Gas Appliances, Built-In Gas Range, Double Oven, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Microwave, Plumbed For Gas, Wine Cooler
  • Basement YN: No
  • Fireplaces: 1

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Slab
  • Community Features: Lake, Playground, Park, Pool, Tennis Court(s), Trails/Paths, Curbs, Sidewalks
  • Fencing: Wood, Wrought Iron
  • Roof: Composition
  • Construction Materials: Brick
  • Pool Features: Gunite, Pool, Pool Sweep, Water Feature, Community
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Cooling System: Central Air, Electric, Zoned
  • Garage Spaces: 3.0
  • Total Covered Spaces: 3.0
  • Parking Features: Door-Multi, Garage, Garage Door Opener, Garage Faces Rear
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Natural Gas
  • LaundryFeatures: Washer Hookup, Electric Dryer Hookup, Laundry in Utility Room
  • Utilities: Sewer Available, Separate Meters, Water Available, Cable Available
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Fee Includes: All Facilities, Association Management
  • Association Fee: 1200.0
  • Association Fee Frequency: Annually
  • Association Name: Timber lake association

Schools

  • Elementary School: Rockenbaug
  • High School: Carroll
  • Junior High Dist: Carroll ISD

Lot Info

  • PropertyAttachedYN: No
  • Lot Features: Back Yard, Backs to Greenbelt/Park, Greenbelt, Interior Lot, Lawn, Level, Sprinkler System
  • Lot Size Units: Acres
  • Lot Size Area: 0.385
  • Parcel Number: 06587607
  • Lot Size Acres: 0.385
  • Lot Size Sq Ft: 16770.6

Building Info

  • Year Built: 1994

Tax Info

  • TaxBlock: 1
  • Tax Lot: 36R
  • Tax Annual Amount: 17310.0

MLS Schools

  • MiddleOrJuniorSchool: Dawson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2022
Closed on
Jan 3, 2023
Sold by
Barr Robert E
Bought by
Mcgregor Chris A and Mcgregor Karen L
Seller's Agent
Linda Peterson
Century 21 Mike Bowman, Inc.
Buyer's Agent
Non-NTREIS MLS Licensee
NON MLS
List Price
$1,125,000
Views
5
Current Estimated Value
$1,176,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.56%

Purchase Details

Closed on
Nov 6, 2019
Sold by
Barr Pamela N
Bought by
Barr Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
3.65%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 20, 2019
Sold by
Barr Pamela N
Bought by
Barr Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
3.65%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 6, 2014
Sold by
Lackey Dean E and Lackey Kimberly J
Bought by
Barr Robert E and Barr Pamela N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,200
Interest Rate
4.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2002
Sold by
Rastiello Patrick and Rastiello Constance
Bought by
Lackey Dean E and Lackey Kimberly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.47%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 13, 1999
Sold by
Jennings Steven and Catapano Ann Marie
Bought by
Rastiello Patrick and Rastiello Constance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,850
Interest Rate
7.47%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 29, 1994
Sold by
Mitcham Homes
Bought by
Jennings Steven and Catapano Ann Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,500
Interest Rate
7.37%

Purchase Details

Closed on
May 18, 1994
Sold by
Southlake Joint Venture
Bought by
Mitcham Homes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
8.4%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Mcgregor Chris A -- Monteith Abstract & Title Comp
Barr Robert E -- Fatico
Barr Robert E -- None Available
Barr Robert E -- Fnt
Lackey Dean E -- Alamo Title Company
Rastiello Patrick -- Commonwealth Land Title Ins
Jennings Steven -- American Title Company
Mitcham Homes -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barr Robert E $137,000
Previous Owner Barr Robert E $417,000
Previous Owner Barr Robert E $78,200
Previous Owner Lackey Dean E $200,000
Previous Owner Rastiello Patrick $251,850
Previous Owner Jennings Steven $290,500
Previous Owner Mitcham Homes $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2023 01/05/23 Sold -- -- --
12/06/2022 12/06/22 Pending -- -- --
11/30/2022 11/30/22 For Sale $1,125,000 -- $278 / 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 $17,771 $975,000 $360,844 $614,156
2024 $17,771 $975,000 $360,844 $614,156
2023 $17,771 $975,000 $360,844 $614,156
2022 $18,321 $917,396 $240,562 $676,834
2021 $17,602 $772,021 $240,562 $531,459
2020 $16,436 $715,028 $216,506 $498,522
2019 $17,727 $734,442 $195,000 $539,442
2018 $15,175 $665,500 $182,000 $483,500
2017 $14,996 $684,071 $162,500 $521,571
2016 $13,632 $649,719 $162,500 $487,219
2015 $11,683 $500,000 $71,500 $428,500
2014 $11,683 $519,300 $71,500 $447,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20213645

North Texas Real Estate Information Systems (NTREIS)

APN: 06587607