NOT LISTED FOR SALE

505 Falcon Lake Dr Friendswood, TX 77546

Estimated Value: $568,000 - $629,000

5 Beds
3.5 Baths
3,800 Sq Ft
$160/Sq Ft Est. Value

Last Sold September 07, 2022

Current estimated payment $4,021/month

3 Days on Market

Highlights

  • Lake View
  • Deck
  • Engineered Wood Flooring
  • C.W. Cline Elementary School Rated A
  • Traditional Architecture
  • Hydromassage or Jetted Bathtub

About This Home

As of September 2022

Gorgeous home in highly sought-after Lakes of Falcon Ridge. This 5 bed/ 3.5 bath well-maintained home backs up to the lake and walking trails. Upon entry, you are greeted with handsome hardwood flooring and a spacious dining room ready to host family and friends. Upgraded kitchen is bright and airy with white cabinets, quartz countertops, stainless steel appliances and abundant storage in the island and two pantries. Off the kitchen/ breakfast area, the open living room features a cozy fireplace and beautiful backyard views. The large primary bedroom includes an en suite with custom cabinetry and dual vanities. Enjoy the expansive covered patio, lush landscaping and peaceful lake view. Outdoor living and dining at its finest. Upstairs there is a large game room with surround sound, four spacious bedrooms and two baths. Attached 3 car garage with workspace and storage included. Zoned to FISD, minutes from parks & schools.

Last Agent to Sell the Property

Leslie Buratti

Martha Turner Sotheby's International Realty - Bay Area License #0650323 Listed on: 07/12/2022

Martha Turner Sotheby's International Realty - Bay Area

Last Buyer's Agent

William Norfolk

Centerline Real Estate License #0550423

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,875

Year Built

  • Built in 2006

Lot Details

  • 0.3 Acre Lot
  • North Facing Home
  • Back Yard Fenced
  • Sprinkler System

HOA Fees

  • $48 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Cement Siding

Interior Spaces

  • 3,800 Sq Ft Home
  • 2-Story Property
  • Wired For Sound
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Window Treatments
  • Formal Entry
  • Family Room Off Kitchen
  • Living Room
  • Breakfast Room
  • Dining Room
  • Game Room
  • Utility Room
  • Washer and Gas Dryer Hookup
  • Lake Views

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Convection Oven
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Double Vanity
  • Single Vanity
  • Hydromassage or Jetted Bathtub
  • Separate Shower

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Eco-Friendly Details

  • ENERGY STAR Qualified Appliances
  • Energy-Efficient Thermostat
  • Ventilation

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Cline Elementary School
  • Friendswood Junior High School
  • Friendswood High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Programmable Thermostat

Community Details

  • Assoc Houston Comm Mgmt Services Association, Phone Number (832) 864-1200
  • Lakes Of Falcon Ridge Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,875

Year Built

Built in 2006

Lot Details

0

HOA Fees

$48 per month

Parking

3

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Building Stories: 2
  • Year Built: 2006
  • Road Surface Type: Concrete
  • Ownership: Full Ownership
  • Subdivision Name: Lakes Of Falcon Ridge
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Appliances, Thermostat
  • UniversalParcelId: urn:reso:upi:2.0:US:48167:4503-0005-0006-000
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Convection Oven, Double Oven, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Microwave, ENERGY STAR Qualified Appliances
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Engineered Hardwood, Tile
  • Interior Amenities: Breakfast Bar, Crown Molding, Double Vanity, Entrance Foyer, High Ceilings, Jetted Tub, Kitchen Island, Kitchen/Family Room Combo, Bath in Primary Bedroom, Pantry, Stone Counters, Separate Shower, Vanity, Walk-In Pantry, Wired for Sound, Window Treatments, Ceiling Fan(s), Programmable Thermostat
  • Living Area: 3800.0
  • Dining Room Type: Breakfast Room/Nook, Dining Room, Game Room, Living Room, Utility Room, Half Bath
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Seller Disclosure
  • Roof: Composition
  • Fencing: Back Yard
  • Lot Features: Subdivision, Views
  • Pool Private: No
  • View: Lake, Water
  • View: Yes
  • Construction Type: Brick, Cement Siding, Wood Siding
  • Direction Faces: North
  • Exterior Features: Covered Patio, Fence, Sprinkler/Irrigation, Porch, Patio, Private Yard
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Deck, Patio, Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener, Oversized

Utilities

  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
  • Security: Security System Owned, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 575.0
  • Association Fee Frequency: Annually
  • Association Name: Assoc Houston Comm Mgmt Services
  • Phone: 832-864-1200
  • Association: Yes

Schools

  • Elementary School: CLINE ELEMENTARY SCHOOL
  • Junior High Dist: 20 - Friendswood
  • High School: FRIENDSWOOD HIGH SCHOOL
  • Middle Or Junior School: FRIENDSWOOD JUNIOR HIGH SCHOOL

Green Features

  • Green Indoor Air Qlty: Ventilation

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 10875.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2022
Closed on
Sep 7, 2022
Sold by
Klumpyan Katherine D
Bought by
Weiman Patrick and Weiman Stefanie
Seller's Agent
Leslie Buratti
Martha Turner Sotheby's International Realty - Bay Area
Buyer's Agent
William Norfolk
Centerline Real Estate
List Price
$599,000
Current Estimated Value
$607,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.45%
Original Mortgage
$324,000
Outstanding Balance
$309,668
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$298,062

Purchase Details

Closed on
Mar 16, 2007
Sold by
K Hovnanian Of Houston Ii Llc
Bought by
Klumpyan John Peter and Klumpyan Katherine
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
Weiman Patrick -- --
Klumpyan John Peter -- Alamo Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weiman Patrick $324,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2022 09/14/22 Off Market -- -- --
09/07/2022 09/07/22 Sold -- -- --
07/15/2022 07/15/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $599,000 -- $158 / Sq Ft
Source: Houston Association of REALTORS®

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 $9,156 $570,000 $63,220 $506,780
2024 $9,156 $560,570 $63,220 $497,350
2023 $9,156 $582,400 $63,220 $519,180
2022 $11,334 $514,580 $63,220 $451,360
2021 $11,125 $501,140 $63,220 $437,920
2020 $10,898 $452,340 $63,220 $389,120
2019 $10,631 $418,660 $63,220 $355,440
2018 $10,694 $418,660 $63,220 $355,440
2017 $10,873 $418,660 $63,220 $355,440
2016 $9,893 $380,940 $63,220 $317,720
2015 $3,212 $380,940 $63,220 $317,720
2014 $3,024 $321,360 $63,220 $258,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 32896312

Houston Association of REALTORS®

APN: 4503-0005-0006-000