NOT LISTED FOR SALE

474 Peninsula Dr Little Elm, TX 75068

Estimated Value: $639,883

0.39 Acre
$1,640,726 Price per Acre
16,988 Sq Ft Lot

Last Sold November 30, 2020

Current estimated payment $4,238/month

180 Days on Market

About This Lot

As of November 2020

One of the best open water lake lots on Lake Lewisville offering incredible panoramic views from this pie-shaped lot. The back of property is approximately 200 feet long with the COE property and lake right behind it. Beautiful grassy area with mature trees lead to the water. Seller purchased the lot with a tear down home on it. He has removed that property and prepared the lot for development. Please see the attached survey and aerial photos showing this one of a kind lot overlooking Lake Lewisville. This unique peninsula lakefront lot feels like it overlooks the ocean. Enjoy a country lifestyle, but be only minutes away from the Lewisville Toll bridge, Little Elm, Frisco and Dallas.

Last Agent to Sell the Property

Joe Powell

Powell Realty License #0483019 Listed on: 05/15/2020

Last Buyer's Agent

Joe Powell

Powell Realty License #0483019 Listed on: 05/15/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,011

Lot Details

  • 0.39 Acre Lot
  • Cul-De-Sac
  • Few Trees

Property Views

  • Lake Views

Schools

  • Oak Point Elementary School
  • Lakeside Middle School
  • Little Elm High School

Community Details

  • Lakewood Village Sec 01 Subdivision

Listing and Financial Details

  • Legal Lot and Block 19 / b
  • Assessor Parcel Number R44701

Property Details

Property Type

Land

Est. Annual Taxes

$9,011

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: Other
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Agricultural Exemption YN: No
  • Special Features: None

Exterior Features

  • Easements: Other
  • RoadSurfaceType: Asphalt

Garage/Parking

  • GarageYN: No

Utilities

  • Utilities: Asphalt, City Sewer, City Water, Electricity Connected

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Streets Installed

Schools

  • School District: Little Elm ISD
  • Elementary School: Oak Point
  • Middle School: Lakeside
  • High School: Little Elm
  • School District: Little Elm ISD
  • Elementary School: Oak Point
  • High School: Little Elm

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Acreage, Cul-De-Sac, Few Trees, Subdivision, Water/Lake View
  • Lot Size Units: Acres
  • Lot Size Area: 0.3900
  • Parcel Number: R44701
  • Lot Size Acres: 0.3900
  • Lot Size Sq Ft: 16988.4000
  • Zoning Description: Residential

Tax Info

  • TaxBlock: b
  • Tax Lot: 19

MLS Schools

  • MiddleOrJuniorSchool: Lakeside
  • Middle School Name: Lakeside
  • Elementary School Name: Oak Point
  • High School Name: Little Elm

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2020
Closed on
Nov 30, 2020
Sold by
Bwc Properties Ltd
Bought by
Belf Brett and Belf Emily
Seller's Agent
Joe Powell
Powell Realty
Buyer's Agent
Joe Powell
Powell Realty
List Price
$674,000
Current Estimated Value
$639,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.49%

Purchase Details

Listed on
May 15, 2020
Closed on
Nov 3, 2020
Sold by
Bwc Properties Ltd
Bought by
Belf Brett and Belf Emily
Seller's Agent
Joe Powell
Powell Realty
Buyer's Agent
Joe Powell
Powell Realty
List Price
$674,000

Purchase Details

Closed on
Apr 25, 2017
Sold by
Nanda Jay and Nanda Abha
Bought by
Bwc Properties Ltd

Purchase Details

Closed on
Sep 17, 2012
Sold by
Kellner Norbert M and Kellner Jane
Bought by
Nanda Jay and Nanda Abha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,200
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 1997
Sold by
Jackson Lawana and Bolton Lawana R
Bought by
Kellner Norbert and Kellner Jane

Purchase Details

Closed on
Dec 15, 1993
Sold by
Pawley Montie Leroy and Pawley Cathy Laurie
Bought by
Kellner Norbert M and Kellner Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
7.19%
Source: Public Records

Range of Values:

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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
Belf Brett -- None Listed On Document
Belf Brett -- Rtt
Bwc Properties Ltd -- None Available
Nanda Jay -- Fatco
Kellner Norbert -- --
Kellner Norbert M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nanda Jay $263,200
Previous Owner Kellner Norbert M $78,650
Previous Owner Kellner Norbert M $83,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold -- -- --
11/11/2020 11/11/20 Pending -- -- --
10/09/2020 10/09/20 Price Changed $525,000 -12.4% $182 / Sq Ft
07/06/2020 07/06/20 Price Changed $599,000 -11.1% $208 / Sq Ft
05/15/2020 05/15/20 For Sale $674,000 -- $234 / 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 $9,011 $597,000 $597,000 --
2024 $9,011 $514,000 $514,000 $0
2023 $10,063 $566,285 $566,285 $0
2022 $11,781 $566,285 $566,285 $0
2021 $9,722 $448,310 $448,310 $0
2020 $6,827 $313,374 $313,374 $0
2019 $6,786 $313,375 $313,375 $0
2018 $5,209 $250,700 $250,700 $0
2017 $7,459 $357,160 $203,694 $153,466
2016 $7,869 $376,798 $198,715 $178,083
2015 $7,374 $364,858 $180,650 $184,208
2013 -- $329,165 $147,470 $181,695
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14344444

North Texas Real Estate Information Systems (NTREIS)

APN: R44701