Last list price
501 Magnolia Trail Desoto, TX 75115
5
Beds
3.5
Baths
3,180
Sq Ft
7,710
Sq Ft Lot
Highlights
- Traditional Architecture
- Covered patio or porch
- Security Service
- Corner Lot
- Intercom
- Burglar Security System
About This Home
As of June 2021DIAMOND IN DESOTO! CORNER LOT!!!! NEW ROOF!!! The beautiful home features five large bedrooms, fifth bedroom is a optional study bedroom Three and one half baths. Two full bathrooms upstairs. Large master bedroom closet. Two living areas. Large Split Level Theater upstairs, Formal dining room. Large Breakfast area. Large California Island-A MUST SEE! Newly remodeled kitchen with custom upgraded granite. Harwood floors, Tile kitchen and entry ways, Blinds throughout home, enclosed storage shed in backyard, sprinkler system front back and side, covered patio, Intercom system throughout the subject property, Formal living room formal dining room. large family great room HOME SHOWS LIKE A MODEL A MUST SEE
Last Agent to Sell the Property
Exit JRagz Realty Elite License #0593838 Listed on: 03/18/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,736
Year Built
- Built in 2001
Lot Details
- 7,710 Sq Ft Lot
- Wood Fence
- Corner Lot
Parking
- 2-Car Garage with one garage door
- 2 Carport Spaces
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Combination Foundation
- Composition Roof
Interior Spaces
- 3,180 Sq Ft Home
- 2-Story Property
- Decorative Lighting
- Gas Log Fireplace
Kitchen
- Electric Oven
- Gas Cooktop
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
Home Security
- Burglar Security System
- Intercom
- Fire and Smoke Detector
Outdoor Features
- Covered patio or porch
- Rain Gutters
Schools
- Cockrell Hill Elementary School
- Desoto East Middle School
- Desoto High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Municipal Utilities District
- Cable TV Available
Community Details
- Candle Meadow Ph 01 Subdivision
- Security Service
Listing and Financial Details
- Legal Lot and Block 17 / C
- Assessor Parcel Number 200149100C0170000
- $7,005 per year unexempt tax
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 18, 2021
Closed on
Jun 11, 2021
Sold by
Bunton Hobley Tina and Williams Lance E
Bought by
Coates Richard L
Seller's Agent
Quintin Salmond
Exit JRagz Realty Elite
Buyer's Agent
Rachael Adams
RE/MAX Select Homes
List Price
$409,888
Sold Price
$388,888
Premium/Discount to List
-$21,000
-5.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.35%
Original Mortgage
$353,479
Outstanding Balance
$321,422
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$89,260
Purchase Details
Closed on
Nov 2, 2003
Sold by
Hobley Don
Bought by
Bunton Hobley Tina
Purchase Details
Closed on
Feb 26, 2002
Sold by
Legacy/Monterey Homes Lp
Bought by
Hobley Don and Bunton Hobley Tina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,606
Interest Rate
6.93%
Mortgage Type
VA
Similar Homes in Desoto, TX
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Vendors Lien | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $17,934 | FHA | |
| Closed | $11,487 | FHA | |
| Open | $31,523 | FHA | |
| Open | $353,479 | FHA | |
| Previous Owner | $202,000 | Unknown | |
| Previous Owner | $194,900 | VA | |
| Previous Owner | $183,606 | VA | |
| Closed | $0 | Assumption |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/14/2025 07/14/25 | For Sale | $399,999 | +2.9% | $126 / Sq Ft |
| 06/14/2021 06/14/21 | Sold | -- | -- | -- |
| 04/22/2021 04/22/21 | Pending | -- | -- | -- |
| 04/12/2021 04/12/21 | Price Changed | $388,888 | -5.1% | $122 / Sq Ft |
| 03/18/2021 03/18/21 | For Sale | $409,888 | -- | $129 / Sq Ft |
Source: North Texas Real Estate Information Systems (NTREIS)
Tax History Compared to Growth
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 | $8,736 | $401,350 | $80,000 | $321,350 |
| 2023 | $8,736 | $403,940 | $80,000 | $323,940 |
| 2022 | $8,552 | $339,460 | $65,000 | $274,460 |
| 2021 | $8,772 | $324,090 | $55,000 | $269,090 |
| 2020 | $7,005 | $244,050 | $50,000 | $194,050 |
| 2019 | $6,835 | $238,320 | $45,000 | $193,320 |
| 2018 | $6,879 | $238,320 | $45,000 | $193,320 |
| 2017 | $5,747 | $200,980 | $35,000 | $165,980 |
| 2016 | $4,965 | $173,640 | $35,000 | $138,640 |
| 2015 | $4,381 | $161,930 | $35,000 | $126,930 |
| 2014 | $4,381 | $151,190 | $35,000 | $116,190 |
Source: Public Records
Agents Affiliated with this Home
-
James McCullough
J
Seller's Agent in 2025
James McCullough
Corey Simpson & Associates
(214) 334-1164
1 in this area
9 Total Sales
-
Quintin Salmond
Q
Seller's Agent in 2021
Quintin Salmond
Exit JRagz Realty Elite
(949) 297-2020
1 in this area
8 Total Sales
-
Rachael Adams
Buyer's Agent in 2021
Rachael Adams
RE/MAX
(972) 841-3954
1 in this area
66 Total Sales
Map
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 14535880
APN: 200149100C0170000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
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