$200,000
SOLD MAY 10, 2018
Last list price

507 Magnolia Dr Nevada, TX 75173

4 Beds
2 Baths
1,801 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$111 Per Sq Ft

21 Days on Market

Highlights

  • Community Lake
  • Wood Flooring
  • Bay Window
  • Vaulted Ceiling
  • Covered Patio or Porch
  • Park

About This Home

As of July 2022

Great opportunity to own in a quiet country neighborhood! Plenty of builder upgrades including real wood floors, stone elevation, beveled edge granite, stone fireplace, high ceilings, and more! This convenient floor plan includes four bedrooms two bathrooms and a two-car garage. The large living room includes a stone fireplace and overlooks the back patio and the large backyard. Storage building will remain. Spacious master retreat features a walk in closet, raised tray ceiling, and private bathroom with dual sinks, garden tub and seperate shower. Large island kitchen features upgraded granite countertops with beveled edge and pass through breakfast bar. Easy access to Rockwall on Hwy 205 or Wylie on Hwy 78.

Last Agent to Sell the Property

Melissa Hailey

Bronze Star Property Management License #0555794 Listed on: 03/30/2018

Last Buyer's Agent

Matt Martin

Martin - Beazley Realtors License #0613347

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,434

Year Built

  • Built in 2006

Lot Details

  • 7,405 Sq Ft Lot
  • Wood Fence
  • Large Grassy Backyard

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Front Facing Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,801 Sq Ft Home
  • 1-Story Property
  • Wired For A Flat Screen TV
  • Vaulted Ceiling
  • Stone Fireplace
  • Window Treatments
  • Bay Window

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Full Size Washer or Dryer
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Phyliss Nesmith Elementary School
  • Community Middle School
  • Community High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 4 / G
  • Assessor Parcel Number R886500G00401
  • $3,859 per year unexempt tax

Community Details

Overview

  • Association fees include maintenance structure
  • Fountain View HOA
  • Fountain View Ph Two Subdivision
  • Mandatory home owners association
  • Community Lake

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,434

Year Built

Built in 2006

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structural Style: Single Detached
  • Unit Levels: One
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Notice Surveillance Devices Pres: None
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 108.27318
  • Special Features: None
  • Year Built: 2006

Interior Features

  • Square Footage: 1801.00
  • Windows: Bay Window(s), Window Coverings
  • Fireplace Features: Stone
  • Interior Amenities: Cable TV Available, Flat Screen Wiring, Vaulted Ceiling(s)
  • Flooring: Ceramic Tile, Laminate, Wood
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Microwave, Plumbed for Ice Maker
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 8

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Community Features: Lake, Park
  • Fencing: Wood
  • Roof: Composition
  • Soil Type: Unknown
  • Construction Materials: Brick
  • Exterior Features: Covered Patio/Porch, Storage
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Cooling System: Central Air, Electric
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: Garage, Garage Faces Front
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric
  • LaundryFeatures: Electric Dryer Hookup, Full Size W/D Area, Washer Hookup
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure
  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: Fountain View HOA
  • HOA Management Company: 1234567890

Schools

  • School District: Community ISD
  • Elementary School: Phyliss Nesmith
  • Middle School: Community
  • High School: Community
  • School District: Community ISD
  • Elementary School: Phyliss Nesmith
  • High School: Community

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Lrg. Backyard Grass, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 0.1700
  • Parcel Number: R886500G00401
  • Lot Size Acres: 0.1700
  • Lot Size Sq Ft: 7405.2000

Building Info

  • Year Built: 2006

Tax Info

  • Unexempt Taxes: 3859
  • TaxBlock: G
  • Tax Lot: 4

MLS Schools

  • MiddleOrJuniorSchool: Community
  • Middle School Name: Community
  • Elementary School Name: Phyliss Nesmith
  • High School Name: Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Jun 30, 2022
Sold by
Caverly Eric V
Bought by
Franks Jennifer Ann and Franks Jeremy Alan
Seller's Agent
Matt Martin
Martin - Beazley Realtors
Buyer's Agent
Matthew Soto
Real
List Price
$295,000
Current Estimated Value
$302,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.75%
Original Mortgage
$260,000
Outstanding Balance
$248,050
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$53,952

Purchase Details

Listed on
Mar 30, 2018
Closed on
May 9, 2018
Sold by
Reeves Russell and Reeves Alisha
Bought by
Caverly Eric V
Seller's Agent
Melissa Hailey
Bronze Star Property Management
Buyer's Agent
Matt Martin
Martin - Beazley Realtors
List Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.82%
Original Mortgage
$191,468
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 5, 2006
Sold by
Cascade Investments Lp
Bought by
Reeves Russell and Reeves Alisha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,910
Interest Rate
6.3%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- Chicago Title
Warranty Deed -- Lawyers Title
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $260,000 New Conventional
Previous Owner $199,234 VA
Previous Owner $191,468 FHA
Previous Owner $120,910 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2022 07/01/22 Sold -- -- --
05/31/2022 05/31/22 Pending -- -- --
05/27/2022 05/27/22 For Sale $295,000 +47.5% $164 / Sq Ft
05/10/2018 05/10/18 Sold -- -- --
04/20/2018 04/20/18 Pending -- -- --
03/30/2018 03/30/18 For Sale $200,000 -- $111 / 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
2024 $4,434 $294,778 $70,000 $224,778
2023 $4,434 $286,466 $65,000 $221,466
2022 $4,690 $216,325 $65,000 $201,382
2021 $4,378 $196,659 $55,000 $141,659
2020 $4,622 $192,630 $45,000 $147,630
2019 $4,702 $187,185 $45,000 $142,185
2018 $4,221 $173,185 $45,000 $128,185
2017 $3,859 $158,338 $35,000 $123,338
2016 $3,720 $149,126 $35,000 $114,126
2015 $2,919 $123,313 $30,000 $93,313
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 13805991

North Texas Real Estate Information Systems (NTREIS)

APN: R-8865-00G-0040-1