NOT LISTED FOR SALE

505 Chesapeake Ln Southlake, TX 76092

Estimated Value: $964,000 - $1,004,000

4 Beds
3.5 Baths
3,845 Sq Ft
$255/Sq Ft Est. Value

Last Sold December 07, 2023

Current estimated payment $6,394/month

17 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • Traditional Architecture
  • Florence Elementary School Rated A
  • Dual Staircase
  • Granite Countertops

About This Home

As of December 2023

OPEN ENROLLMENT TO CARROLL ISD! Welcome to this stunning 4-bedroom home featuring 3 full baths and 1 half bath. The formal dining and living areas add a touch of elegance, while the open floor plan creates a spacious and inviting atmosphere. The primary suite on the first floor offers convenience and privacy. With 2 game-bonus rooms, there's plenty of space for entertainment or creating a dedicated area for hobbies. Step outside to discover a huge yard adorned with a beautiful pool, perfect for relaxing and hosting gatherings. The oversized 3-car garage provides ample parking space and an abundance of additional storage. Enjoy the convenience of the close proximity to the neighborhood park, ideal for outdoor activities and leisure. Moreover, this property offers open enrollment to Carroll ISD, granting access to top-notch educational opportunities. Don't miss out on the chance to make this remarkable home yours!

Last Agent to Sell the Property

Wynne Moore

Allie Beth Allman & Associates Brokerage Phone: 817-697-4900 License #0560985 Listed on: 10/21/2023

Allie Beth Allman & Associates

Co-Listed By

Perry Moore

Allie Beth Allman & Associates Brokerage Phone: 817-697-4900 License #0620227

Last Buyer's Agent

Melissa Zerangue

Compass RE Texas, LLC License #0629679

Compass RE Texas, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,101

Year Built

  • Built in 2001

Lot Details

  • 0.4 Acre Lot
  • Wood Fence
  • Landscaped
  • Interior Lot
  • Sprinkler System
  • Private Yard
  • Lawn
  • Back Yard

HOA Fees

  • $36 Monthly HOA Fees

Parking

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

Home Design

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

Interior Spaces

  • 3,845 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Dual Staircase
  • Ceiling Fan
  • Chandelier
  • Decorative Lighting
  • Gas Log Fireplace
  • Metal Fireplace
  • Family Room with Fireplace

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Double Vanity

Laundry

  • Laundry in Utility Room
  • Washer and Electric Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Rain Gutters

Schools

  • Florence Elementary School
  • Keller High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Underground Utilities
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 7 / 2
  • Assessor Parcel Number 07653980

Community Details

Overview

  • Association fees include management
  • Principal Management Association
  • Chesapeake Place Add Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,101

Year Built

Built in 2001

Lot Details

0

HOA Fees

$36 per month

Parking

3

Listing Details

  • OWNERNAME: Of Record
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional, Detached
  • Unit Levels: Two
  • Security: Security System, Smoke Detector(s)
  • Year Built Details: Preowned
  • Attribution Contact: 817-697-4900
  • Co List Office Mls Id: ABAR03
  • Co List Office Phone: 817-697-4900
  • Co List Office Mls Id: ABAR03
  • Structure Type: House
  • HumanModifiedYN: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48439:07653980
  • Special Features: VirtualTour
  • Year Built: 2001

Interior Features

  • Square Footage: 3845.0
  • Fireplace Features: Family Room, Gas, Gas Log, Metal
  • Interior Amenities: Chandelier, Decorative/Designer Lighting Fixtures, Double Vanity, Granite Counters, High Speed Internet, Kitchen Island, Multiple Staircases, Open Floorplan, Pantry, Cable TV, Walk-In Closet(s)
  • Flooring: Carpet, Ceramic Tile
  • Appliances: Dishwasher, Electric Oven, Gas Cooktop, Disposal, Microwave
  • Basement YN: No
  • Fireplaces: 1

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Slab
  • Community Features: Playground, Curbs, Sidewalks
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Brick, Frame
  • Exterior Features: Private Yard, Rain Gutters
  • Pool Features: Gunite, In Ground, Outdoor Pool, Pool
  • Waterfront: No
  • RoadFrontageType: All Weather Road

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • LaundryFeatures: Washer Hookup, Electric Dryer Hookup, Laundry in Utility Room
  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Available, Separate Meters, Underground Utilities, Water Available, Cable Available
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Association Management
  • Association Fee: 215.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Principal Management

Schools

  • Elementary School: Florence
  • High School: Keller
  • Junior High Dist: Keller ISD

Lot Info

  • PropertyAttachedYN: No
  • Lot Features: Back Yard, Interior Lot, Lawn, Landscaped, Subdivision, Sprinkler System
  • Lot Size Units: Acres
  • Lot Size Area: 0.395
  • Parcel Number: 07653980
  • Lot Size Acres: 0.395
  • Lot Size Sq Ft: 17206.2

Building Info

  • Year Built: 2001
  • SeniorCommunityYN: No

Tax Info

  • TaxBlock: 2
  • Tax Lot: 7
  • Tax Annual Amount: 18101.0

MLS Schools

  • MiddleOrJuniorSchool: Keller

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2023
Closed on
Dec 7, 2023
Sold by
Jankowski Ronald and Vieau Durell
Bought by
Dunne Sean and Dunne Natalie
Seller's Agent
Wynne Moore
Allie Beth Allman & Associates
Buyer's Agent
Melissa Zerangue
Compass RE Texas, LLC
List Price
$925,000
Views
34
Current Estimated Value
$979,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.45%
Original Mortgage
$720,000
Outstanding Balance
$708,698
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$271,299

Purchase Details

Closed on
Oct 19, 2006
Sold by
Mortensen Dana K and Mortensen Celia E
Bought by
Jankowski Ronald and Vieau Durell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 2005
Sold by
Adler Frank G and Kares Adler Hanna M
Bought by
Mortensen Dana K and Mortensen Celia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 30, 2004
Sold by
Lestingi Joseph A and Lestingi Mary D
Bought by
Adler Frank G and Kares Adler Hanna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dunne Sean -- Trinity Title
Jankowski Ronald -- Rattikin Title
Mortensen Dana K -- Fnt
Adler Frank G -- Allegiance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dunne Sean $720,000
Previous Owner Jankowski Ronald $320,000
Previous Owner Mortensen Dana K $296,000
Previous Owner Adler Frank G $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2023 12/07/23 Sold -- -- --
11/14/2023 11/14/23 Pending -- -- --
11/09/2023 11/09/23 Price Changed $899,000 -2.8% $234 / Sq Ft
10/27/2023 10/27/23 For Sale $925,000 -- $241 / 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 $14,193 $732,791 $175,000 $557,791
2024 $14,193 $879,905 $175,000 $704,905
2023 $15,614 $818,473 $150,000 $668,473
2022 $17,395 $786,549 $125,000 $661,549
2021 $13,228 $553,854 $125,000 $428,854
2020 $13,740 $570,855 $125,000 $445,855
2019 $14,331 $561,668 $95,000 $466,668
2018 $14,149 $554,550 $95,000 $459,550
2017 $13,414 $514,205 $95,000 $419,205
2016 $12,239 $469,191 $95,000 $374,191
2015 $11,792 $446,100 $60,000 $386,100
2014 $11,792 $446,100 $60,000 $386,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20460392

North Texas Real Estate Information Systems (NTREIS)

APN: 07653980