NOT LISTED FOR SALE

506 Fair Ln Tyler, TX 75701

Estimated Value: $339,000 - $393,000

3 Beds
2 Baths
2,528 Sq Ft
$145/Sq Ft Est. Value

Last Sold December 29, 2021

Current estimated payment $2,321/month

59 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • No HOA
  • Woods Elementary School Rated A-
  • Corner Lot
  • Two Living Areas

About This Home

As of December 2021

Azalea District gem with a tranquil creek flowing behind and on the side of the property for added privacy. Renovated in 2019, features hand-scraped wood flooring in the two large living areas, formal dining area, and hallway. The Master bedroom has a private entrance to a secluded courtyard, large walk-in closet, En Suite bathroom with glass-enclosed shower, separate tub, his/hers granite vanity with tile floors. The kitchen has tons of storage, granite counters with built-in cooktop and range, slate tile floors, and a bonus room which can be turned into a small office. Fresh paint throughout, HVAC installed in September 2019, sprinkler system updated in June 2020, finished two car garage, storage building/workshop in the backyard. With tons of entertainment space, this home will be the perfect gathering place for your family and friends!

Last Agent to Sell the Property

Terri Searcy

Texas Real Estate Executives, The Daniels Group - Gladewater License #0630166 Listed on: 09/12/2021

Last Buyer's Agent

James Carpenter

Keller Williams Realty-Tyler License #0651701

Keller Williams Realty-Tyler

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,631

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 160 x 104
  • Wood Fence
  • Corner Lot

Home Design

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

Interior Spaces

  • 2,528 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Two Living Areas
  • Den
  • Utility Room
  • Laundry Room

Kitchen

  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub with Shower

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Utilities

  • Central Heating and Cooling System
  • Gas Available
  • Gas Water Heater

Additional Features

  • Outdoor Storage
  • Flood Zone Lot

Community Details

  • No Home Owners Association
  • Brookside Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number R067424

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,631

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Style: Traditional
  • Foreclosure Bank Owned: No
  • Subdivision: Yes
  • Taxes Dollars: 3817
  • Addition Survey: Brookside Park
  • Estimated Living Area Sq Ft: 2528
  • Foundation Style: Slab
  • HotTub Spa YN: No
  • Unit Levels: 1 Story
  • Utility Type: Electric, Gas
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 720

Interior Features

  • Fireplace: One Woodburning
  • Interior: Hardwood Floors, Ceiling Fan
  • Fireplace Number: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Bathroom Description: Shower and Tub, Shower/Tub, Double Lavatory, Ceramic Tile, Granite Counter Tops
  • Total Bathrooms: 2
  • Sq Ft Range: 2501-3000
  • Estimated Sq Ft: 2528
  • Bedroom Types: All Bedrooms Downstairs
  • Kitchen Equipment: Double Oven, Cooktop-Gas, Microwave, Dishwasher, Refrigerator

Exterior Features

  • Outbuildings: Storage Buildings
  • Construction: Brick
  • Roof: Composition
  • ExteriorFeatures: Patio Open, Patio Covered, Storage Building
  • Fencing: Wood Fence
  • Flood Zone: Yes
  • Pool Spa: None
  • Pool: No
  • Waterfront: No

Garage/Parking

  • Driveway: Concrete
  • Garage: Side Entry
  • Garage Capacity: 2
  • Garage Type: Garage
  • Parking Type: Attached

Utilities

  • Water Heater: Gas
  • Cooling: Central Electric
  • Heating: Central Gas
  • Utility Laundry: Inside Room
  • Water/Sewer: Public Water, Public Sewer
  • Water System: City

Condo/Co-op/Association

  • Age Range: 51-75
  • Homeowners Fee: No

Lot Info

  • Lot Size: Less than 0.5
  • Number Of Acres: .4
  • Parcel #: R067424
  • Estimated Lot Dimensions: 160 x 104
  • Easements: Unknown
  • Lot: Corner

Building Info

  • Year Built: 1960

MLS Schools

  • School District: Tyler

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2021
Closed on
Jan 7, 2022
Sold by
Allen Havill Sr Steven
Bought by
Steele Jamie and Steele Jody
Seller's Agent
Terri Searcy
Texas Real Estate Executives, The Daniels Group - Gladewater
Buyer's Agent
James Carpenter
Keller Williams Realty-Tyler
List Price
$353,500
Current Estimated Value
$366,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.32%
Original Mortgage
$258,000
Outstanding Balance
$236,837
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$129,550

Purchase Details

Closed on
Oct 28, 2021
Sold by
Allen Havill Sr Steven
Bought by
Steele Jamie and Steele Jody

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2019
Sold by
Bogard Ryan Joel and Bogard Amy C
Bought by
Havill Steven Allen and Havill Pamela Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 3, 2019
Closed on
Jul 17, 2019
Sold by
Arnold Graham B
Bought by
Havill Steven Allen and Havill Pamela Sue
Seller's Agent
Dee Martin
RE/MAX Alight
Buyer's Agent
Terri Searcy
Texas Real Estate Executives-Gladewater

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.53%

Purchase Details

Listed on
Sep 26, 2014
Closed on
Oct 31, 2014
Sold by
Roberts Ernest Larkin and Roberts Susan Jill
Bought by
Arnold Graham B
Seller's Agent
Katie Struhall
RE/MAX Tyler
Buyer's Agent
Dee Martin
RE/MAX Alight

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.77%
Original Mortgage
$174,677
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 7, 2002
Sold by
Roberts Ernest and Roberts Susan Jill
Bought by
Roberts Ernest Larkin and Roberts Susan Jill
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Steele Jamie $343,140 Tarry & Hene Pllc
Steele Jamie $343,140 Tarry & Hene Pllc
Havill Steven Allen -- None Available
Havill Steven Allen -- None Available
Arnold Graham B -- None Available
Roberts Ernest Larkin -- None Available
Roberts Ernest Larkin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steele Jamie $258,000
Previous Owner Steele Jamie $258,000
Previous Owner Havill Steven Allen $200,000
Previous Owner Arnold Graham B $174,677
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2021 12/29/21 Sold -- -- --
09/12/2021 09/12/21 For Sale $353,500 0.0% $140 / Sq Ft
12/01/2020 12/01/20 Rented -- -- --
12/01/2020 12/01/20 For Rent $1,950 0.0% --
07/19/2019 07/19/19 Sold -- -- -- View Prior Sale
07/03/2019 07/03/19 Pending -- -- --
10/31/2014 10/31/14 Sold -- -- -- View Prior Sale
09/26/2014 09/26/14 Pending -- -- --
Source: Longview Area 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 $4,631 $390,647 $126,958 $263,689
2024 $4,631 $359,059 $73,955 $285,104
2023 $6,159 $353,310 $73,955 $279,355
2022 $6,645 $339,165 $73,955 $265,210
2021 $5,193 $247,519 $42,260 $205,259
2020 $5,399 $252,289 $42,260 $210,029
2019 $4,293 $196,318 $42,260 $154,058
2018 $4,108 $188,896 $42,260 $146,636
2017 $4,277 $200,350 $42,260 $158,090
2016 $3,913 $183,280 $42,260 $141,020
2015 $2,850 $177,439 $42,260 $135,179
2014 $2,850 $172,955 $42,260 $130,695
Source: Public Records

Agents Affiliated with this Home

  • Terri Searcy

    Seller's Agent in 2021

    Terri Searcy

    Texas Real Estate Executives, The Daniels Group - Gladewater

    (903) 363-3601

    62 Total Sales

    Terri Searcy
    Section Image

  • J

    Buyer's Agent in 2021

    James Carpenter

    Keller Williams Realty-Tyler

    Section Image
  • Dee Martin

    Seller's Agent in 2019

    Dee Martin

    RE/MAX

    (903) 245-3575

    301 Total Sales

    Dee Martin
    Section Image
  • Katie Struhall

    Seller's Agent in 2014

    Katie Struhall

    RE/MAX

    (903) 721-5608

    47 Total Sales

    Katie Struhall
    Section Image
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Map

Source: Longview Area Association of REALTORS®

MLS Number: 20215159

Longview Area Association of REALTORS®

APN: 1-50000-0890-00-010000

Texas Smith County Tyler 75701

506 Fair Ln, Tyler, TX

Not Listed for Sale

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Longview Area Association of REALTORS® Copyright 2025 Longview Area Association of REALTORS®. All rights reserved. Information is deemed reliable but not guaranteed.

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