NOT LISTED FOR SALE

407 Timber Lake Way Southlake, TX 76092

Estimated Value: $1,018,000 - $1,176,000

4 Beds
3.5 Baths
3,476 Sq Ft
$316/Sq Ft Est. Value

Last Sold April 21, 2022

Current estimated payment $7,148/month

11 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Covered Patio or Porch
  • Robert High Rockenbaugh Elementary School Rated A+
  • Granite Countertops
  • 3 Car Attached Garage

About This Home

As of April 2022

Welcome to this beautiful home in sought after Timber Lake Subdivision in Southlake! This 4 bdrm, 3.5 bath home has 3 car garage and sits on a Fantastic lot that backs to trail. You'll love the natural light from wall of windows as you enter. Stunning wood floors in main living area (2022). Handsome office, den with french doors for privacy. The fireplace from one living area is double sided to the other living area off of the kitchen and dining area. Great space for everyone to gather! Kitchen has granite countertops and tons of cabinet space. Lower level master is huge with gorgeous bathroom. Upstairs is a gameroom, 3 bdrms and 2 full bathrooms. Excellent storage! Check out the stairs to attic over the garage! Timber Lake offers, trails, comunity pool, tennis, playground and pond. Award winning CISD. Minutes to Southlake Town Square that boasts excellent dining and shopping. Minutes to DFW airport. *Multiple offers. Deadline Monday 3.21 10:00am*

Last Agent to Sell the Property

Veronica Fleury

Keller Williams Realty-FM License #0531010 Listed on: 03/11/2022

Keller Williams Realty-FM

Last Buyer's Agent

Wes Walser

Wes Walser Realty License #0541802

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,696

Year Built

  • Built in 1994

Lot Details

  • 0.33 Acre Lot
  • Landscaped
  • Many Trees

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

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

Interior Spaces

  • 3,476 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Decorative Lighting
  • Double Sided Fireplace
  • Fire and Smoke Detector
  • Laundry in Utility Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Schools

  • Rockenbaug Elementary School
  • Carroll High School

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • Association fees include all facilities, management
  • Cma Management Association
  • Timber Lake Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 38R / 1
  • Assessor Parcel Number 06587623

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,696

Year Built

Built in 1994

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • OWNERNAME: of record
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional, Detached
  • Unit Levels: Two
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Co List Office Mls Id: KELW02
  • Structure Type: House
  • HumanModifiedYN: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48439:06587623
  • Special Features: VirtualTour
  • Year Built: 1994

Interior Features

  • Square Footage: 3476.0
  • Fireplace Features: Double Sided
  • Interior Amenities: Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Granite Counters, Pantry, Natural Woodwork, Walk-In Closet(s)
  • Flooring: Carpet, Wood
  • Appliances: Electric Range
  • Basement YN: No
  • Fireplaces: 1

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Brick
  • Pool Features: None
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Central Air
  • Garage Spaces: 3.0
  • Total Covered Spaces: 3.0
  • Parking Features: Garage
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Central
  • LaundryFeatures: Laundry in Utility Room
  • Utilities: Sewer Available, Water Available
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Fee Includes: All Facilities, Association Management
  • Association Fee: 598.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: CMA Management

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Features: Landscaped, Many Trees
  • Lot Size Units: Acres
  • Lot Size Area: 0.327
  • Parcel Number: 06587623
  • Lot Size Acres: 0.327
  • Lot Size Sq Ft: 14244.12

Building Info

  • Year Built: 1994

Tax Info

  • TaxBlock: 1
  • Tax Lot: 38R
  • Tax Annual Amount: 13696.0

MLS Schools

  • MiddleOrJuniorSchool: Dawson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2022
Closed on
Apr 16, 2022
Sold by
Newkirk Family Revocable Trust
Bought by
Li Shijie and Sun Jingwen
Seller's Agent
Veronica Fleury
Keller Williams Realty-FM
Buyer's Agent
Wes Walser
Wes Walser Realty
List Price
$925,000
Current Estimated Value
$1,099,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.93%
Original Mortgage
$855,900
Outstanding Balance
$810,024
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$289,815

Purchase Details

Closed on
Sep 13, 2007
Sold by
Swank Carole M and Swank Gary E
Bought by
Newkirk William B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 2000
Sold by
Bragiel Jerry A and Bragiel Carmelynn
Bought by
Swank Gary E and Swank Carole M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,700
Interest Rate
8.15%

Purchase Details

Closed on
Jul 1, 1994
Sold by
Waterford Properties Inc
Bought by
Bragiel Jerry A and Bragiel Carmelynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,000
Interest Rate
4.75%
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
Li Shijie -- National Title
Newkirk William B -- Hexter Fair Title Company
Swank Gary E -- Commonwealth Land Title
Bragiel Jerry A -- American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Shijie $855,900
Previous Owner Newkirk William B $340,000
Previous Owner Swank Gary E $221,700
Previous Owner Bragiel Jerry A $237,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2022 04/21/22 Sold -- -- --
03/22/2022 03/22/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $925,000 0.0% $266 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $925,000 -- $266 / 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 $14,880 $830,553 $306,188 $524,365
2024 $14,880 $982,205 $306,188 $676,017
2023 $17,334 $951,000 $306,188 $644,812
2022 $13,178 $610,814 $204,125 $406,689
2021 $13,927 $610,814 $204,125 $406,689
2020 $14,040 $610,814 $183,712 $427,102
2019 $15,356 $634,135 $195,000 $439,135
2018 $12,427 $601,432 $182,000 $419,432
2017 $15,214 $613,821 $162,500 $451,321
2016 $14,309 $588,149 $162,500 $425,649
2015 $11,513 $549,782 $123,500 $426,282
2014 $11,513 $477,100 $71,500 $405,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20005184

North Texas Real Estate Information Systems (NTREIS)

APN: 06587623