NOT LISTED FOR SALE

4035 Sparrow Trail Melissa, TX 75454

Estimated Value: $387,444 - $448,000

4 Beds
3 Baths
1,900 Sq Ft
$216/Sq Ft Est. Value

Highlights

  • New Construction
  • 1 Fireplace
  • Central Heating and Cooling System
  • North Creek Elementary School Rated A
  • 1-Story Property
  • 2-Car Garage with one garage door

About This Home

As of November 2021

BRAND NEW (never occupied) Beautiful newly constructed home. Quaint 4 bedroom 3 Bathroom. perfect for those who now work from home. You'll love the modern updates and the open floorplan. The backyard is a nice size and easy to maintain. It is very rare to find a rental in perfect condition. Don't miss out on calling this one yours.

Last Agent to Rent the Property

Rebecca Zhang

Aoxiang US Realty License #0723824 Listed on: 10/24/2021

Last Renter's Agent

Rebecca Zhang

Aoxiang US Realty License #0723824 Listed on: 10/24/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,546

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 6,534 Sq Ft Lot
  • Fenced

Parking

  • 2-Car Garage with one garage door
  • 2 Carport Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,900 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

  • Harry Mckillop Elementary School
  • Melissa Middle School
  • Melissa High School

Utilities

  • Central Heating and Cooling System

Community Details

  • Magnolia Ridge HOA, Phone Number (469) 406-2900
  • Magnolia Ridge Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,200
  • Tenant pays for all utilities, electricity, gas, grounds care, insurance, security, sewer, water
  • $45 Application Fee

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,546

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

2

Rental Info

  • Deposit Amount: 2200
  • Pet Deposit: 350
  • Lease Conditions: Approval by HOA, Application Fee, Credit Report, Written Application Only, Written Application (+)
  • Lease Type: 1 Year Plus
  • Tenant Pays: All Utilities, Electricity, Gas, Grounds Care, Insurance, Security, Sewer, Water
  • Application Fee: 45

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Structural Style: Single Detached
  • Unit Levels: One
  • Restrictions: No Smoking
  • Year Built Details: New Construction - Complete
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: Subdivided
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 1.15789
  • Special Features: NewHome
  • Year Built: 2021

Interior Features

  • Square Footage: 1900.00
  • Fireplace Features: Other
  • Appliances: Dishwasher, Disposal, Electric Cooktop
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 2
  • Appliances: Yes

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Fencing: Fenced
  • Construction Materials: Brick

Garage/Parking

  • Cooling System: Central Air, Electric
  • Garage Spaces: 2
  • Carport Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: 2-Car Single Doors, Covered
  • GarageYN: Yes

Utilities

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

Condo/Co-op/Association

  • Association Type: Mandatory
  • Hoa Management Company: Magnolia Ridge HOA
  • HOA Management Company: (469) 406-2900

Schools

  • School District: Melissa ISD
  • Elementary School: Harry Mckillop
  • Middle School: Melissa
  • High School: Melissa
  • School District: Melissa ISD
  • Elementary School: Harry Mckillop
  • High School: Melissa

Lot Info

  • PropertyAttachedYN: No
  • Lot Size Units: Acres
  • Lot Size Area: 0.1500
  • Parcel Number: 0000
  • Lot Size Acres: 0.1500
  • Lot Size Sq Ft: 6534.0000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2021

MLS Schools

  • MiddleOrJuniorSchool: Melissa
  • Middle School Name: Melissa
  • Elementary School Name: Harry Mckillop
  • High School Name: Melissa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2021
Sold by
Gravity Homes Llc
Bought by
Lu Yuan
Current Estimated Value
$410,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,792
Outstanding Balance
$227,857
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$173,863

Purchase Details

Closed on
Dec 16, 2020
Sold by
Lch Holdings Llc
Bought by
Gravity 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
$225,660
Interest Rate
2.7%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lu Yuan -- None Available
Gravity Homes Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Yuan $248,792
Previous Owner Gravity Homes Llc $225,660
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Rented $2,200 0.0% --
11/02/2021 11/02/21 Price Changed $2,200 -6.4% $1 / Sq Ft
10/24/2021 10/24/21 For Rent $2,350 -- --
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
2023 $7,546 $381,000 $90,000 $291,000
2022 $7,589 $355,854 $80,000 $275,854
2021 $1,244 $54,600 $54,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14696780

North Texas Real Estate Information Systems (NTREIS)

APN: R-11977-00G-0190-1