Seller's Agent in 2023
Karen Clayton Young
Clayton & Clayton Real Estate
(817) 291-5500
10 in this area
20 Total Sales
507 Potomac Place Southlake, TX 76092
Estimated Value: $1,140,000 - $1,286,767
5
Beds
4.5
Baths
4,228
Sq Ft
$287/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Dumbwaiter
- Adjacent to Greenbelt
- Carroll Elementary School Rated A+
- Colonial Architecture
- Wood Flooring
About This Home
As of March 2023***Offers due by NOON, Friday, February 10, 2023! Rare one owner home in the heart of Southlake. Stunning traditional curb appeal as you enter the circular drive that accommodates several visitors. Grand entry with rich hardwood floors and circular staircase. Traditional formal entry and living or additional study room. As you enter the main living area you will be drawn to the view of the backyard through the wall of windows. It is absolutely gorgeous. Open family room and oversized kitchen with wrap around eat in kitchen. In addition to the eat in kitchen there is a spacious breakfast room that too overlooks the gorgeous backyard. Three bedrooms up and a flex room that is perfect for an office or game room. Move right in this immaculate home.
Last Agent to Sell the Property
Clayton & Clayton Real Estate License #0546119 Listed on: 02/02/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,862
Year Built
- Built in 1993
Lot Details
- 0.52 Acre Lot
- Adjacent to Greenbelt
- Aluminum or Metal Fence
- Landscaped
- Interior Lot
- Sprinkler System
- Many Trees
- Large Grassy Backyard
HOA Fees
- $58 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Rear-Facing Garage
- Circular Driveway
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
Interior Spaces
- 4,228 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Built-In Features
- Woodwork
- Paneling
- Wainscoting
- Chandelier
- Decorative Lighting
- Brick Fireplace
- Window Treatments
- Bay Window
Kitchen
- Dumbwaiter
- Eat-In Kitchen
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
Laundry
- Laundry in Utility Room
- Full Size Washer or Dryer
- Washer Hookup
Outdoor Features
- Covered Patio or Porch
Schools
- Carroll Elementary School
- Dawson Middle School
- Eubanks Middle School
- Carroll High School
Utilities
- Central Heating and Cooling System
- High Speed Internet
- Cable TV Available
Community Details
- Association fees include management fees
- Monticello Home Owners HOA, Phone Number (972) 359-1548
- Monticello Add Subdivision
- Mandatory home owners association
- Greenbelt
Listing and Financial Details
- Legal Lot and Block 24 / 2
- Assessor Parcel Number 06514707
- $17,271 per year unexempt tax
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 2, 2023
Closed on
Apr 20, 2023
Sold by
Brinson-Roark Stephanie Dawn
Bought by
Potomac Pond Llc
Seller's Agent
Karen Clayton Young
Clayton & Clayton Real Estate
Buyer's Agent
Mary Lanier
RE/MAX Trinity
List Price
$1,200,000
Views
75
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.41%
Purchase Details
Listed on
Feb 2, 2023
Closed on
Mar 3, 2023
Sold by
Engleman Kurt James
Bought by
Brinson-Roark Stephanie Dawn and Roark Burnham Lee
Seller's Agent
Karen Clayton Young
Clayton & Clayton Real Estate
Buyer's Agent
Mary Lanier
RE/MAX Trinity
List Price
$1,200,000
Views
75
Purchase Details
Closed on
Dec 22, 1993
Sold by
Hills Of Monticello Inc
Bought by
Engleman Donald J and Engleman Linda K
Purchase Details
Closed on
Aug 16, 1993
Sold by
Yellow Rose Custom Homes Inc
Bought by
Engleman Donald J and Engleman Linda K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
7.19%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Potomac Pond Llc | -- | First American Title Insurance | |
| Brinson-Roark Stephanie Dawn | -- | First American Title Insurance | |
| Engleman Donald J | -- | Fidelity National Title Agen | |
| Engleman Donald J | -- | American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Engleman Donald J | $364,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/03/2023 03/03/23 | Sold | -- | -- | -- |
| 02/11/2023 02/11/23 | Pending | -- | -- | -- |
| 02/02/2023 02/02/23 | For Sale | $1,200,000 | -- | $284 / Sq Ft |
Source: North Texas Real Estate Information Systems (NTREIS)
Tax History Compared to Growth
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 | $21,862 | $1,118,578 | $450,764 | $667,814 |
| 2024 | $21,862 | $1,250,000 | $450,764 | $799,236 |
| 2023 | $21,796 | $1,195,824 | $450,764 | $745,060 |
| 2022 | $17,271 | $1,085,593 | $301,417 | $784,176 |
| 2021 | $16,593 | $727,761 | $301,417 | $426,344 |
| 2020 | $15,375 | $668,867 | $275,363 | $393,504 |
| 2019 | $18,290 | $790,000 | $249,375 | $540,625 |
| 2018 | $12,588 | $686,643 | $213,750 | $472,893 |
| 2017 | $17,474 | $705,000 | $225,000 | $480,000 |
| 2016 | $16,359 | $731,861 | $225,000 | $506,861 |
| 2015 | $12,580 | $600,000 | $97,500 | $502,500 |
| 2014 | $12,580 | $606,800 | $97,500 | $509,300 |
Source: Public Records
Agents Affiliated with this Home
-
Karen Clayton Young
-
Mary Lanier
Buyer's Agent in 2023
Mary Lanier
RE/MAX
(817) 637-4881
17 in this area
68 Total Sales
Map
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20251199
APN: 06514707
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
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