NOT LISTED FOR SALE

508 Althea Dr Wylie, TX 75098

Estimated Value: $635,354 - $694,000

4 Beds
3.5 Baths
4,101 Sq Ft
$162/Sq Ft Est. Value

Last Sold December 27, 2021

Current estimated payment $4,500/month

43 Days on Market

Highlights

  • Wood Flooring
  • Community Pool
  • Community Playground
  • R V Groves Elementary School Rated A
  • Interior Lot
  • Home Security System

About This Home

As of December 2021

Very Clean, Spacious & Well Maintained Home with exemplary Wylie schools. Walking distance from the elementary school, just few mins of drive to all the shops, grocery stores and restaurants. The home features 4 large bedrooms (Master Suite has a Super Oversized Walk In Closet), spacious office, enormous game room and media, 3.1 bathrooms, 3 Car Garage with Custom Cabinets and massive backyard with a covered patio (perfect for Summer Entertainment) and Storage Shed. Neighborhood amenities offer a community pool, play area for children and a park. A MUST SEE HOME!! Back On Market due to Buyer's getting Cold feet a day before closing. No fault of sellers or the home.

Last Agent to Sell the Property

Jay Singh

Keller Williams Realty Allen License #0637987 Listed on: 10/21/2021

Keller Williams Realty Allen

Last Buyer's Agent

Greg Coffman

Ebby Halliday Realtors License #0762855

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,364

Year Built

  • Built in 2004

Lot Details

  • 9,583 Sq Ft Lot
  • Interior Lot

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 4,101 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • ENERGY STAR Qualified Windows
  • Home Security System

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Thermostat

Schools

  • Groves Elementary School
  • Wylie High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 24 / A
  • Assessor Parcel Number R512000A02401

Community Details

Overview

  • Association fees include all facilities, maintenance structure
  • Sbb Management Association
  • Mccreary Estates No 2 Subdivision

Recreation

  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,364

Year Built

Built in 2004

Lot Details

0

HOA Fees

$50 per month

Parking

3

Listing Details

  • OWNERNAME: See Agt
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached
  • Unit Levels: Two
  • Security: Security System
  • Year Built Details: Preowned
  • Co List Office Mls Id: RMTC01
  • Structure Type: House
  • HumanModifiedYN: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48085:R512000A02401
  • Special Features: None
  • Year Built: 2004

Interior Features

  • Square Footage: 4101.0
  • Fireplace Features: Gas Starter, Wood Burning
  • Interior Amenities: Cable TV
  • Flooring: Carpet, Ceramic Tile, Wood
  • Appliances: Dishwasher, Gas Cooktop, Disposal, Gas Water Heater, Microwave
  • Fireplaces: 1

Beds/Baths

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

Exterior Features

  • Foundation: Slab
  • Community Features: Playground, Pool, Trails/Paths
  • Roof: Composition
  • Construction Materials: Brick
  • Pool Features: None, Community
  • Waterfront: No

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s), Electric
  • Garage Spaces: 3.0
  • Total Covered Spaces: 3.0
  • Parking Features: Covered, Garage, Oversized
  • GarageYN: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Natural Gas
  • Utilities: Sewer Available, Water Available, Cable Available
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Fee Includes: All Facilities, Maintenance Structure
  • Association Fee: 300.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: SBB Management

Schools

  • Elementary School: Groves
  • High School: Wylie
  • Junior High Dist: Wylie ISD

Green Features

  • Efficiency: Appliances, Thermostat, Windows

Lot Info

  • PropertyAttachedYN: No
  • Lot Features: Interior Lot
  • Lot Size Units: Acres
  • Lot Size Area: 0.22
  • Parcel Number: R512000A02401
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583.2

Building Info

  • Year Built: 2004
  • SeniorCommunityYN: No

Tax Info

  • TaxBlock: A
  • Tax Lot: 24

MLS Schools

  • MiddleOrJuniorSchool: Cooper

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2021
Closed on
Dec 27, 2021
Sold by
Janapareddy Sai Sandeep and Appikonda Laxmi Saketha
Bought by
Melese Asmamaw and Simegn Melkam
Seller's Agent
Jay Singh
Keller Williams Realty Allen
Buyer's Agent
Greg Coffman
Ebby Halliday Realtors
List Price
$559,900
Current Estimated Value
$663,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.44%
Original Mortgage
$464,000
Outstanding Balance
$427,634
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$235,705

Purchase Details

Closed on
Jul 29, 2016
Sold by
Sanchez Martin and Sanchez Karla
Bought by
Janapareddy Sai Sandeep and Appikonda Laxmi Saketha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2011
Sold by
Mahmud Tahsin and Mahmud Tahmina Sarmin
Bought by
Sanchez Martin and Sanchez Karla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.95%
Mortgage Type
VA

Purchase Details

Closed on
Nov 24, 2009
Sold by
Mahmud Tahsin
Bought by
Mahmud Tahmina Sarmin

Purchase Details

Closed on
Jun 30, 2004
Sold by
Legacy/Monterey Homes Lp
Bought by
Mahmud Tahsin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.31%
Mortgage Type
Stand Alone First
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
Melese Asmamaw -- None Listed On Document
Janapareddy Sai Sandeep -- Attorney
Sanchez Martin -- Lttc
Mahmud Tahmina Sarmin -- None Available
Mahmud Tahsin -- Stnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melese Asmamaw $464,000
Previous Owner Janapareddy Sai Sandeep $356,250
Previous Owner Sanchez Martin $105,000
Previous Owner Mahmud Tahsin $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2021 12/27/21 Sold -- -- --
12/03/2021 12/03/21 Pending -- -- --
11/29/2021 11/29/21 For Sale $559,900 0.0% $137 / Sq Ft
10/26/2021 10/26/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $559,900 -- $137 / 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 $11,364 $701,444 $135,000 $566,444
2024 $11,364 $644,360 $120,000 $524,360
2023 $11,364 $638,749 $120,000 $543,730
2022 $12,740 $580,681 $95,000 $485,681
2021 $9,106 $387,000 $80,000 $307,000
2020 $9,560 $385,000 $80,000 $305,000
2019 $9,828 $374,000 $73,500 $300,500
2018 $10,809 $401,359 $73,500 $327,859
2017 $10,137 $376,429 $73,500 $302,929
2016 $9,025 $354,694 $52,500 $302,194
2015 $7,122 $307,890 $47,250 $260,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14695228

North Texas Real Estate Information Systems (NTREIS)

APN: R-5120-00A-0240-1