NOT LISTED FOR SALE

500 Lake by Dr Kemp, TX 75143

Estimated Value: $281,000 - $385,000

3 Beds
2 Baths
2,128 Sq Ft
$151/Sq Ft Est. Value

Last Sold January 14, 2022

Current estimated payment $2,000/month

6 Days on Market

Highlights

  • Covered Deck
  • Home Security System
  • 1-Story Property
  • Paneling
  • Energy-Efficient Appliances
  • Luxury Vinyl Plank Tile Flooring

About This Home

As of January 2022

Looking to for a little bit of land outside of the city? Here you go! This 3 bed, 2 bath modular home has plenty of space for the whole family, a carport, an attic, and a good sized shop! All on 2.98 acres that's cross fenced with a pond towards the back of the property. Vinyl plank flooring throughout and lots of great windows brighten up this home! Covered front and back porch is perfect for relaxing and enjoying the peace and quiet. Quick 5 minute drive to Cedar Creek Lake and only about 30 minutes to Kaufman and Ennis.

Last Agent to Sell the Property

Amy Downs

Livv Real Estate, LLC License #0449524 Listed on: 12/02/2021

Co-Listed By

Sheila Nalls

Livv Real Estate, LLC License #0724365

Last Buyer's Agent

Summer Harrison

Paragon, REALTORS License #0675059

Paragon, REALTORS

Property Details

Home Type

  • Mobile/Manufactured

Est. Annual Taxes

  • $2,915

Year Built

  • Built in 1978

Lot Details

  • 2.98 Acre Lot
  • Cross Fenced
  • Few Trees

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Home Design

  • Slab Foundation
  • Composition Roof
  • Siding

Interior Spaces

  • 2,128 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Ceiling Fan
  • Luxury Vinyl Plank Tile Flooring

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Schools

  • Mabank Elementary And Middle School
  • Mabank High School

Additional Features

  • Energy-Efficient Appliances
  • Covered Deck
  • Double Wide with Land
  • Central Heating and Cooling System

Community Details

  • Lake By Acres Property Owners Association, Phone Number (469) 387-5302
  • Lake Acres Add Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 32750000034050
  • $2,957 per year unexempt tax

Property Details

Home Type

Mobile/Manufactured

Est. Annual Taxes

$2,915

Year Built

Built in 1978

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Mobile Home
  • Structural Style: Mobile Doublewide w/Land
  • Unit Levels: One
  • Security: Security System, Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 105.73308
  • Special Features: None
  • Year Built: 1978

Interior Features

  • Square Footage: 2128.00
  • Interior Amenities: Other, Paneling
  • Flooring: Luxury Vinyl Plank
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 8

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: Cross Fenced
  • Roof: Composition
  • Construction Materials: Siding
  • Exterior Features: Covered Deck

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Garage Spaces: 2
  • Carport Spaces: 2
  • Total Covered Spaces: 4
  • Parking Features: Carport
  • Attached Garage YN: No
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric
  • Utilities: City Water

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: Lake By Acres Property Owners Association
  • HOA Management Company: 469-387-5302

Schools

  • School District: Mabank ISD
  • Elementary School: Mabank
  • High School: Mabank
  • School District: Mabank ISD
  • Elementary School: Mabank
  • Junior High School: Mabank
  • High School: Mabank

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 1 to < 3 Acres
  • Lot Features: Acreage, Few Trees, Tank/ Pond
  • Lot Size Units: Acres
  • Lot Size Area: 2.9790
  • Parcel Number: 32750000034050
  • Lot Size Acres: 2.9790
  • Lot Size Sq Ft: 129765.2400

Green Features

  • Efficiency: Appliances
  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1978

Tax Info

  • Unexempt Taxes: 2957
  • Tax Lot: 34

MLS Schools

  • MiddleOrJuniorSchool: Mabank
  • Elementary School Name: Mabank
  • High School Name: Mabank

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2021
Closed on
Jan 19, 2022
Sold by
Shane Webster
Bought by
Bailey David Wayne and Bailey Shirley Jean
Seller's Agent
Amy Downs
Livv Real Estate, LLC
Buyer's Agent
Summer Harrison
Paragon, REALTORS
List Price
$225,000
Current Estimated Value
$321,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.41%
Original Mortgage
$220,924
Outstanding Balance
$206,088
Interest Rate
3.11%
Mortgage Type
FHA
Estimated Equity
$115,911

Purchase Details

Listed on
Sep 14, 2015
Closed on
Mar 2, 2016
Sold by
Texas Bank & Trust Company
Bought by
Webster Shane
Seller's Agent
GLORIA G BREWER
Avery Realty Group
Buyer's Agent
Rena McCord
Texas Premier Realty
List Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.84%
Original Mortgage
$102,827
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2015
Sold by
Merchant Tommy and Merchant Darlene
Bought by
Webster Shane

Purchase Details

Closed on
Dec 10, 2008
Sold by
Duggan Van Hatton
Bought by
Webster Shane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.48%
Mortgage Type
Seller Take Back
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
Bailey David Wayne -- New Title Company Name
Webster Shane -- Colonial Title Company
Webster Shane -- --
Texas Bank & Trust Company $86,000 None Available
Webster Shane -- --
Merchant Tommy -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey David Wayne $220,924
Previous Owner Webster Shane $102,827
Previous Owner Merchant Tommy $90,000
Previous Owner Merchant Tommy $72,300
Previous Owner Merchant Tommy $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold -- -- --
12/08/2021 12/08/21 Pending -- -- --
12/02/2021 12/02/21 For Sale $225,000 +95.7% $106 / Sq Ft
03/01/2016 03/01/16 Sold -- -- --
01/06/2016 01/06/16 Pending -- -- --
09/14/2015 09/14/15 For Sale $115,000 -- $68 / 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
2024 $2,915 $278,995 $15,000 $263,995
2023 $3,589 $257,882 $15,000 $242,882
2022 $5,080 $216,370 $15,000 $201,370
2021 $3,084 $173,200 $9,000 $164,200
2020 $3,221 $168,510 $9,000 $159,510
2019 $2,268 $114,900 $9,000 $105,900
2018 $664 $109,160 $9,000 $100,160
2017 $2,121 $107,200 $9,000 $98,200
2016 $2,121 $107,200 $9,000 $98,200
2015 $2,112 $107,200 $9,000 $98,200
2014 -- $107,200 $9,000 $98,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14718929

North Texas Real Estate Information Systems (NTREIS)

APN: 3275-0000-0340-50