NOT LISTED FOR SALE

Estimated Value: $636,000 - $695,000

5 Beds
4.5 Baths
4,205 Sq Ft
$157/Sq Ft Est. Value

Highlights

  • Lake Front
  • Game Room
  • Cul-De-Sac
  • Palmer Elementary School Rated A-
  • Community Pool
  • 2 Car Attached Garage

About This Home

As of May 2024

This is a spacious waterfront property located on a cul-de-sac lot in Lake Olympia. It boasts 5-6 bedrooms and 4.5 bathrooms. The house features a formal living room, a family room, a dining room, and an additional room in the attic. You can enjoy breathtaking waterfront views from the covered patio, upstairs balcony, and decks. You'll have access to both a regular kitchen and a spice kitchen, making it a great place to cook both gourmet and quick meals. This property is the ultimate retreat to unwind and relax after a long day at work.

Last Agent to Rent the Property

Kuruvila Mathew

Prompt Realty & Mortgage, Inc License #0740306 Listed on: 03/21/2024

Last Renter's Agent

John Varghese

Prompt Realty & Mortgage, Inc License #0515328

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,669

Year Built

  • Built in 2004

Lot Details

  • 0.28 Acre Lot
  • Lake Front
  • Cul-De-Sac

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 4,205 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Game Room
  • Lake Views
  • Dryer

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • Palmer Elementary School
  • Lake Olympia Middle School
  • Elkins High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Property Available on 3/25/24
  • Long Term Lease

Community Details

Overview

  • Peninsulas At Lake Olympia Sec 3 Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,669

Year Built

Built in 2004

Lot Details

0

Parking

2

Rental Info

  • Lease Term: Long Term
  • Available Date: 2024-03-25

Listing Details

  • Directions: From Highway 6, turn left on Lake Olympia Parkway, left on Crow Valley Drive, right on Plantation Lakes Drive, right on Peninsulas Drive, and then right on Peninsulas Place. The home is located on the right corner.
  • Property Sub Type: Detached
  • Prop. Type: Residential Lease
  • Building Stories: 2
  • Year Built: 2004
  • Lot Size Acres: 0.278
  • Road Surface Type: Concrete
  • Subdivision Name: Peninsulas At Lake Olympia Sec 3
  • Architectural Style: Detached
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Dryer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Flooring: Carpet, Tile
  • Living Area: 4205.0
  • Dining Room Type: Dining Room, Family Room, Game Room, Living Room
  • Stories: 2
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: None
  • Lot Features: Cul-De-Sac, Views, Waterfront
  • Pool Private: No
  • View: Lake, Water
  • View: Yes
  • Waterfront Features: Lake, Lake Front, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Community Pool
  • Pets Allowed: No

Schools

  • Elementary School: PALMER ELEMENTARY SCHOOL (FORT BEND)
  • Junior High Dist: 19 - Fort Bend
  • High School: ELKINS HIGH SCHOOL
  • Middle Or Junior School: LAKE OLYMPIA MIDDLE SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2021
Sold by
Joseph Koshy and Joseph Jolly
Bought by
Joseph Koshy and Joseph Jolly
Current Estimated Value
$658,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Outstanding Balance
$277,559
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$380,872

Purchase Details

Closed on
Jun 2, 2005
Sold by
Patel Dilipkumar R
Bought by
Maranatha Hospitality Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Outstanding Balance
$870,759
Interest Rate
5.83%
Mortgage Type
Seller Take Back
Estimated Equity
-$212,328

Purchase Details

Closed on
Jan 21, 2005
Sold by
Partners In Building Lp
Bought by
Joseph Koshy T and Joseph Jolly K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,850
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2004
Sold by
Leeland Real Properties Llc
Bought by
Partners In Building Lp

Purchase Details

Closed on
Jul 6, 2000
Sold by
Robin Custom Homes
Bought by
Lake Olympia Development Nv
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
Joseph Koshy -- None Available
Maranatha Hospitality Inc -- Houston Title
Joseph Koshy T -- Texas American Title Company
Partners In Building Lp -- Texas American Title
Joseph Koshy T -- --
Lake Olympia Development Nv -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joseph Jolly K $368,000
Open Maranatha Hospitality Inc $1,650,000
Previous Owner Joseph Koshy T $297,850
Closed Joseph Koshy T $37,236
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2024 05/18/24 Rented $3,950 0.0% --
03/21/2024 03/21/24 For Rent $3,950 -- --
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
2024 $15,669 $632,874 $206,773 $426,101
2023 $17,915 $716,270 $82,215 $634,055
2022 $18,690 $691,040 $82,220 $608,820
2021 $13,503 $480,520 $82,220 $398,300
2020 $14,765 $515,940 $82,220 $433,720
2019 $14,805 $494,440 $81,350 $413,090
2018 $13,347 $449,490 $81,350 $368,140
2017 $12,072 $408,630 $76,560 $332,070
2016 $10,975 $371,480 $76,560 $294,920
2015 $7,653 $337,710 $76,560 $261,150
2014 $7,158 $307,010 $76,560 $230,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 86766845

Houston Association of REALTORS®

APN: 6560-03-008-0230-907