NOT LISTED FOR SALE

414 Placid Lake Ln Magnolia, TX 77354

Estimated Value: $391,104 - $459,000

5 Beds
3 Baths
2,145 Sq Ft
$194/Sq Ft Est. Value

Last Sold July 17, 2018

Current estimated payment $2,699/month

19 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Rear Porch
  • Willie E. Williams Elementary School Rated A-
  • Traditional Architecture
  • Window Unit Cooling System

About This Home

As of July 2018

Has never flooded. Country living at it's best. Home on 2.1 acre lot in heart of Magnolia! This home had some renovations in 2014 and would be an awesome flip or perfect fixer upper for a handy man that can finish the job. Needs some cosmetic TLC but has enormous potential. Contact agent for list of updates. Will move quick at this price!!

Last Agent to Sell the Property

Matthew Eastes

eXp Realty LLC License #0510738 Listed on: 06/26/2018

eXp Realty LLC

Last Buyer's Agent

Anthony Melos

Texas USA Realty License #0481527

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,438

Year Built

  • Built in 1975

Lot Details

  • 2.11 Acre Lot
  • Cleared Lot
  • Wooded Lot

Home Design

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

Interior Spaces

  • 2,145 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • Gas Fireplace
  • Attic Fan
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Eco-Friendly Details

  • Ventilation

Outdoor Features

  • Deck
  • Patio
  • Rear Porch

Schools

  • Willie E. Williams Elementary School
  • Magnolia Junior High School
  • Magnolia West High School

Utilities

  • Window Unit Cooling System
  • Space Heater

Community Details

  • Dogwood Patches 01 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,438

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Year Built: 1975
  • Lot Size Acres: 2.109
  • Road Surface Type: Concrete
  • Subdivision Name: Dogwood Patches 01
  • Architectural Style: Traditional
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48339:4040-01-00900
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Gas, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile
  • Living Area: 2145.0

Exterior Features

  • Disclosures: Seller Disclosure
  • Roof: Composition
  • Lot Features: Cleared, Wooded
  • Pool Private: No
  • Construction Type: Brick Veneer, Wood Siding
  • Exterior Features: Deck, Porch, Patio
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Patio, Porch

Utilities

  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Cooling: Window Unit(s), Attic Fan
  • Cooling Y N: Yes
  • Heating: Space Heater
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: WILLIE E. WILLIAMS ELEMENTARY SCHOOL
  • Junior High Dist: 36 - Magnolia
  • High School: MAGNOLIA WEST HIGH SCHOOL
  • Middle Or Junior School: MAGNOLIA JUNIOR HIGH SCHOOL

Green Features

  • Green Indoor Air Qlty: Ventilation

Lot Info

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4438.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2023
Sold by
Midgard Mtg Llc
Bought by
Morales Fernando Rodriguez and Nava Ana Alejandro
Current Estimated Value
$416,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$292,036
Interest Rate
6.43%
Mortgage Type
Seller Take Back
Estimated Equity
$123,990

Purchase Details

Listed on
Jun 26, 2018
Closed on
Jul 17, 2018
Sold by
Ip Waiming
Bought by
Midgard Mortgage Llc
Seller's Agent
Matthew Eastes
eXp Realty LLC
Buyer's Agent
Anthony Melos
Texas USA Realty
List Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.49%
Original Mortgage
$200,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 18, 2014
Sold by
Ogden Chales Todd
Bought by
Ip Waiming

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,200
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2006
Sold by
Williams Patsy Ogden
Bought by
Ip Waiming

Purchase Details

Closed on
Apr 23, 1998
Sold by
Bankston Phil and Bankston Mike
Bought by
Ogden Charles L and Ogden Patsy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.21%

Purchase Details

Closed on
Dec 28, 1994
Sold by
Bankston Michael and Bankston Phillip
Bought by
Bankston G L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Morales Fernando Rodriguez -- None Listed On Document
Midgard Mortgage Llc -- None Available
Ip Waiming -- Alamo Title Co
Ip Waiming -- --
Ogden Charles L -- Alamo Title Company #50
Bankston G L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales Fernando Rodriguez $300,000
Previous Owner Midgard Mortgage Llc $200,000
Previous Owner Ip Waiming $103,200
Previous Owner Ogden Charles L $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2021 12/30/21 Off Market -- -- --
07/17/2018 07/17/18 Sold -- -- --
06/27/2018 06/27/18 For Sale $175,000 -- $82 / Sq Ft
Source: Houston Association of REALTORS®

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 $6,023 $354,043 $179,640 $174,403
2024 $6,090 $328,409 $179,640 $148,769
2023 $6,090 $325,040 $179,640 $145,400
2022 $6,248 $292,000 $149,700 $142,300
2021 $4,301 $190,000 $53,890 $136,110
2020 $4,728 $190,000 $53,890 $136,110
2019 $4,342 $175,000 $53,890 $121,110
2018 $6,538 $253,290 $32,930 $220,360
2017 $4,424 $171,260 $32,930 $138,330
2016 $4,487 $173,700 $32,930 $140,770
2015 $1,978 $147,750 $32,930 $114,820
2014 $1,978 $84,950 $8,480 $110,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 75672760

Houston Association of REALTORS®

APN: 4040-01-00900