NOT LISTED FOR SALE

502 Timber Lake Dr Southlake, TX 76092

Estimated Value: $1,282,266 - $1,389,000

5 Beds
4 Baths
4,233 Sq Ft
$315/Sq Ft Est. Value

Last Sold April 05, 2024

Current estimated payment $8,496/month

4 Days on Market

Highlights

  • Electric Gate
  • Open Floorplan
  • Dumbwaiter
  • Robert High Rockenbaugh Elementary School Rated A+
  • Dual Staircase
  • Deck

About This Home

As of April 2024

OPEN House Sunday 2 to 4:30....Fabulous Southlake living! Updates Upgrades make it Move-In ready w- all the latest finishes from window coverings, flooring, fixtures, appliances & more. No carpet. Open concept with great windows and dabbled light pouring in. Beautiful wooded lot & Pool sized. Back yard Pergola-deck cover throws off just the right amount of shade where needed. Newer backyard Deck & Pergola makes for a comfortable outdoor space especially for kids. Putting Green for you golfers! Updates Upgrades with HVAC systems. Nest Thermostats, Ring Doorbell. Dual staircases, Double ovens, Gas cooktop. Upstairs large bedrm has bath & walk in closet - could be studio-game table area-flex room. Master bedrm & Guest bedrm downstairs.. 2 fireplaces have Heatilators -gas. Kitchen has gas plumbing. Front yard just sodded & upgraded landscape! Walk to community Private pond. Fishing & Jogging. Community playgrounds & pools & Tennis Courts! Virtual tour shows all..

Last Agent to Sell the Property

Vickie Diedrick

Mike Robertson Real Estate Brokerage Phone: 817-919-4184 License #0347222 Listed on: 03/01/2024

Last Buyer's Agent

Courtney Hugghins

RE/MAX Four Corners License #0629455

RE/MAX Four Corners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,643

Year Built

  • Built in 1996

Lot Details

  • 0.31 Acre Lot
  • Adjacent to Greenbelt
  • Gated Home
  • Wrought Iron Fence
  • Property is Fully Fenced
  • Wood Fence
  • Landscaped
  • Interior Lot
  • Sprinkler System
  • Many Trees

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Multiple Garage Doors
  • Garage Door Opener
  • Electric Gate

Home Design

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

Interior Spaces

  • 4,233 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Dual Staircase
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Heatilator
  • Shutters

Kitchen

  • Dumbwaiter
  • Eat-In Kitchen
  • Double Oven
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Stone
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Double Vanity

Home Security

  • Security System Owned
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Rockenbaug Elementary School
  • Carroll High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include all facilities
  • Timber Lake HOA
  • Timber Lake Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 17 / 2
  • Assessor Parcel Number 06447988

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,643

Year Built

Built in 1996

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • OWNERNAME: Zachary & Andrea Llewellyn
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional, Detached
  • Unit Levels: Two
  • Security: Security System Owned, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Attribution Contact: 817-919-4184
  • Co List Office Mls Id: RWMR01SL
  • Structure Type: House
  • HumanModifiedYN: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48439:06447988
  • Special Features: VirtualTour

Interior Features

  • Square Footage: 4233.0
  • Windows: Shutters, Window Coverings
  • Fireplace Features: Heatilator
  • Interior Amenities: Built-in Features, Double Vanity, Dumbwaiter, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Multiple Staircases, Open Floorplan, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Ceramic Tile, Stone, Wood
  • Appliances: Some Gas Appliances, Double Oven, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Plumbed For Gas
  • Basement YN: No
  • Fireplaces: 2

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 5

Exterior Features

  • Foundation: Slab
  • Community Features: Curbs
  • Fencing: Full, Gate, Wood, Wrought Iron
  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Rain Gutters
  • Pool Features: None
  • Waterfront: No
  • Patio And Porch Features: Deck, Covered

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s), Electric
  • Garage Spaces: 3.0
  • Total Covered Spaces: 3.0
  • Parking Features: Door-Multi, Door-Single, Electric Gate, Garage, Garage Door Opener, Gated, Garage Faces Side
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Gas, Natural Gas
  • Utilities: Sewer Available, Water Available, Cable Available
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Fee Includes: All Facilities
  • Association Fee: 1200.0
  • Association Fee Frequency: Annually
  • Association Name: Timber Lake HOA

Schools

  • Elementary School: Rockenbaug
  • High School: Carroll
  • Junior High Dist: Carroll ISD

Lot Info

  • PropertyAttachedYN: No
  • Lot Features: Backs to Greenbelt/Park, Interior Lot, Landscaped, Many Trees, Subdivision, Sprinkler System
  • Lot Size Units: Acres
  • Lot Size Area: 0.31
  • Parcel Number: 06447988
  • Lot Size Acres: 0.31
  • Lot Size Sq Ft: 13503.6

Building Info

  • Year Built: 1996

Tax Info

  • TaxBlock: 2
  • Tax Lot: 17
  • Tax Annual Amount: 17643.0

MLS Schools

  • MiddleOrJuniorSchool: Dawson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Apr 5, 2024
Sold by
Llewellyn Zachary and Llewellyn Andrea
Bought by
Sp Living Trust and Todorow
Seller's Agent
Vickie Diedrick
Mike Robertson Real Estate
Buyer's Agent
Courtney Hugghins
RE/MAX Four Corners
List Price
$1,291,000
Views
29
Current Estimated Value
$1,334,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.02%
Original Mortgage
$1,044,000
Outstanding Balance
$1,026,530
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$307,537

Purchase Details

Listed on
Sep 8, 2020
Closed on
Mar 31, 2021
Sold by
Lee Jang Y and Lee Myung S
Bought by
Llewellyn Zachary and Llewellyn Andrea
Seller's Agent
Roxann Taylor
Engel&Volkers Dallas Southlake
Buyer's Agent
Vickie Diedrick
Mike Robertson Real Estate
List Price
$845,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.05%
Original Mortgage
$480,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2000
Sold by
Smogard Greg and Dougnac Smogard Laura
Bought by
Lee Jang Y and Lee Myung S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
8.19%

Purchase Details

Closed on
Feb 26, 1997
Sold by
Mahoney Dennis M and Mahoney Mary V
Bought by
Smogard Greg and Dougnac Smogard Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,400
Interest Rate
7.74%

Purchase Details

Closed on
Jul 29, 1996
Sold by
Pierce Homes Inc
Bought by
Mahoney Dennis M and Mahoney Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
8.33%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sp Living Trust -- Capital Title Of Texas
Llewellyn Zachary -- First American Title
Lee Jang Y -- Lone Star Title Inc
Smogard Greg -- Lone Star Title Inc
Mahoney Dennis M -- Ticor Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sp Living Trust $1,044,000
Previous Owner Llewellyn Zachary $480,000
Previous Owner Lee Jang Y $267,687
Previous Owner Lee Jang Y $294,000
Previous Owner Smogard Greg $286,400
Previous Owner Mahoney Dennis M $260,000
Closed Smogard Greg $35,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2024 04/05/24 Sold -- -- --
03/06/2024 03/06/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $1,291,000 +52.7% $305 / Sq Ft
03/31/2021 03/31/21 Sold -- -- -- View Prior Sale
03/03/2021 03/03/21 Pending -- -- --
02/25/2021 02/25/21 Off Market -- -- --
12/29/2020 12/29/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $845,350 -- $200 / 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 $16,212 $1,115,573 $232,425 $883,148
2024 $16,212 $1,115,573 $232,425 $883,148
2023 $17,643 $974,000 $232,425 $741,575
2022 $18,985 $880,000 $154,950 $725,050
2021 $15,237 $731,876 $154,950 $576,926
2020 $13,965 $607,549 $139,455 $468,094
2019 $14,771 $610,000 $150,000 $460,000
2018 $13,197 $580,679 $140,000 $440,679
2017 $13,226 $591,377 $125,000 $466,377
2016 $12,024 $591,377 $125,000 $466,377
2015 $10,626 $441,000 $55,000 $386,000
2014 $10,626 $441,000 $55,000 $386,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20549807

North Texas Real Estate Information Systems (NTREIS)

APN: 06447988