NOT LISTED FOR SALE

408 Lake Morraine Loop Laredo, TX 78041

Lakeside Neighborhood

Estimated Value: $616,572 - $755,000

4 Beds
3.5 Baths
4,131 Sq Ft
$168/Sq Ft Est. Value

Last Sold October 30, 2019

Current estimated payment $3,857/month

204 Days on Market

Highlights

  • Access To Lake
  • Private Pool
  • Wood Flooring
  • United Middle School Rated A-
  • Maid or Guest Quarters
  • Attic

About This Home

As of October 2019

Beautiful Ready To Move In Home in Lakeside Subdivision.. Home features High ceilings,office, 4th bedroom, sprinkler system front and back, formal dining, cover patio with a built in bbq pit and a beautiful swimming pool. House has an option for a 5th bedroom. Must see!!!

Last Agent to Sell the Property

Leonelo Cruz

Leonelo Cruz Real Estate Com License #0573099 Listed on: 07/16/2018

Last Buyer's Agent

Rodolfo Castaneda

Keller Williams Laredo License #0685479

Keller Williams Laredo

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 9,775 Sq Ft Lot
  • Masonry wall
  • Property is Fully Fenced
  • Level Lot
  • Front and Back Yard Sprinklers

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,131 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Range
  • Built-In Microwave
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Maid or Guest Quarters

Home Security

  • Alarm System
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Outdoor Features

  • Private Pool
  • Access To Lake
  • Tiki or Chickee Hut
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

9,775 Sq Ft Lot

HOA Fees

$50 per month

Listing Details

  • Estimated Second Floor Sq Ft: 1673
  • Amenities: Large Master Bedroom, Dining Room, Walk-In Closet, Washer & Dryer Hookups, Swimming Pool, Sprinkler System Front, Sprinkler System Back, Maids Quarters, Palapa
  • Estimated Age: 11-15
  • Class: Residential
  • Construction: Stucco & Other
  • Electronic Features: Alarm System, Cable Tv Wiring
  • Features: Smoke Detector, Ceiling Fan(s)
  • HOA: Yes
  • L A Source: Webb Cad
  • Location Description: Lake Privileges
  • Lvt Date: 07/16/2018
  • Maids Quarters: Yes
  • Master Bedroom Location: 1st Floor
  • Porch Deck Patio: Front, Rear
  • Roof Age: 10-15 Years
  • Roof Type: Tile Roof
  • Single Family Hoa Fee: 150
  • Single Family Hoa Per: Quarterly
  • Sold Price Sq Ft: 121
  • Style: 2 Story
  • Total Estimated L A Sq Ft: 4131
  • Type: Single Family Residential
  • Year Built: 2006
  • Zone: 13 E Of Loop 20 Between Del Mar Blvd And Hwy 59.
  • Geo Subdivision: TX
  • Price Per Sq Ft: 121.04
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Refrigerator, Microwave Built-In, Range
  • Attic: Access Only
  • Floors: Tile, Wood
  • Kitchen Features: Kitchen/Dining Combo, Island, Custom
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Fence: Completely Fenced, Masonry
  • Foundation: Slab
  • Swimming Pool: Yes

Garage/Parking

  • Driveway: Gravel Drive
  • Garage: Double Attached

Utilities

  • Air Conditioner: Central Electric
  • Heating System: Central Electric
  • Sewer: Sewer Connection
  • Utilities: Gas Line
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size Sq Ft: 9775
  • Topography: Level

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2018
Closed on
Oct 18, 2019
Sold by
Montes Noe and Bcrciaga Diana B
Bought by
Giermanski Christopher E
Seller's Agent
Leonelo Cruz
Leonelo Cruz Real Estate Com
Buyer's Agent
Rodolfo Castaneda
Keller Williams Laredo
List Price
$549,500
Current Estimated Value
$692,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.25%
Original Mortgage
$454,100
Outstanding Balance
$396,107
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$296,536

Purchase Details

Closed on
Mar 2, 2010
Sold by
Gutierrez Ruben O
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 19, 2007
Sold by
Bmw Creative Homes Inc
Bought by
Gutierrez Ruben O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,500
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 2005
Sold by
E & G Martinez Properties Llc
Bought by
Bmw Creative Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
5.75%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 12, 2005
Sold by
Lakeside Subdivision Llc
Bought by
E & G Martinez Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
5.75%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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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
Giermanski Christopher E -- Laredo Title & Abstract Ltd
Federal National Mortgage Association $493,025 None Available
Gutierrez Ruben O -- Btg
Bmw Creative Homes Inc -- Btg
E & G Martinez Properties Llc -- Border Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giermanski Christopher E $454,100
Previous Owner Gutierrez Ruben O $416,500
Previous Owner Bmw Creative Homes Inc $297,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2019 10/30/19 Sold -- -- --
05/09/2019 05/09/19 Off Market -- -- --
02/05/2019 02/05/19 Pending -- -- --
10/11/2018 10/11/18 Price Changed $500,000 -9.0% $121 / Sq Ft
07/16/2018 07/16/18 For Sale $549,500 -- $133 / Sq Ft
Source: Laredo Association of REALTORS®

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 $2,917 $592,825 $163,639 $429,186
2024 $2,917 $586,673 $163,639 $423,034
2023 $11,076 $558,021 $122,289 $435,732
2022 $11,720 $516,213 $107,137 $409,076
2021 $12,380 $481,657 $84,361 $397,296
2020 $10,863 $422,120 $84,360 $337,760
2019 $11,180 $425,940 $84,360 $341,580
2018 $11,366 $427,300 $75,470 $351,830
2017 $12,138 $463,350 $75,470 $387,880
2016 $11,125 $424,700 $65,300 $359,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Laredo Association of REALTORS®

MLS Number: 20182350

Laredo Association of REALTORS®

APN: 318531

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