NOT LISTED FOR SALE

508 Madrone Trail Forney, TX 75126

Estimated Value: $335,000 - $368,789

4 Beds
2 Baths
2,325 Sq Ft
$152/Sq Ft Est. Value

Last Sold November 03, 2017

Current estimated payment $2,481/month

32 Days on Market

Highlights

  • Community Lake
  • Vaulted Ceiling
  • Community Pool
  • Claybon Elementary School Rated A-
  • Traditional Architecture
  • Covered Patio or Porch

About This Home

As of November 2017

This gorgeous home, in Forney ISD, is perfect for entertaining with an open kitchen and large dining area that opens to light-filled den. Spacious open concept, four bedrooms in sought after Trails of Chestnut Meadows. Amazing oversized lot features high-end landscaping and lush green grass! Stone fireplace, granite countertops and inspiring custom light fixtures throughout the home. Energy efficient Low E windows, tankless water heater and 16 Seer HVAC unit. Welcome Home!

Last Agent to Sell the Property

Jennifer Rice

Compass RE Texas, LLC License #0639233 Listed on: 09/07/2017

Compass RE Texas, LLC

Co-Listed By

David Collier

David Griffin & Company License #0294413

Last Buyer's Agent

Norma Walker

JPAR Dallas License #0685572

JPAR Dallas

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,853

Year Built

  • Built in 2013

Lot Details

  • 0.26 Acre Lot
  • Wood Fence
  • Sprinkler System

HOA Fees

  • $28 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,325 Sq Ft Home
  • 1-Story Property
  • Dry Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Decorative Lighting
  • Fireplace With Gas Starter
  • ENERGY STAR Qualified Windows
  • Window Treatments
  • 12 Inch+ Attic Insulation

Kitchen

  • Convection Oven
  • Electric Oven
  • Plumbed For Gas In Kitchen
  • Electric Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Low Flow Toliet

Laundry

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

Home Security

  • Burglar Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Rain or Freeze Sensor
  • Energy-Efficient Thermostat

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Claybon Elementary School
  • Warren Middle School
  • Forney High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 12 / W
  • Assessor Parcel Number 177562

Community Details

Overview

  • Association fees include full use of facilities, maintenance structure
  • Classic Property Management HOA, Phone Number (817) 640-2064
  • Trails Of Chestnut Meadow Ph 4 Subdivision
  • Mandatory home owners association
  • Community Lake

Recreation

  • Community Playground
  • Community Pool
  • Park
  • Jogging Path

Security

  • Security Service
  • Fenced around community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,853

Year Built

Built in 2013

Lot Details

0

HOA Fees

$28 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structural Style: Single Detached
  • Unit Levels: One
  • Security: Burglar, Carbon Monoxide Detector(s), Security Service, Security System, Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 121.29032
  • Special Features: None
  • Year Built: 2013

Interior Features

  • Square Footage: 2325.00
  • Windows: Window Coverings
  • Fireplace Features: Gas Starter
  • Interior Amenities: Cable TV Available, Decorative Lighting, Dry Bar, High Speed Internet Available, Vaulted Ceiling(s)
  • Flooring: Carpet, Ceramic Tile
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Microwave, Convection Oven, Plumbed For Gas in Kitchen, Plumbed for Ice Maker, Tankless Water Heater, Gas Water Heater
  • Fireplaces: 1
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 2
  • Room Count: 11

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Community Features: Community Pool, Jogging Path/Bike Path, Lake, Park, Perimeter Fencing, Playground
  • Fencing: Wood
  • Roof: Composition
  • Soil Type: Unknown
  • Construction Materials: Brick
  • Exterior Features: Covered Patio/Porch, Rain Gutters
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: Covered, Garage Door Opener, Oversized
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Full Use of Facilities, Maintenance Structure
  • Association Fee: 335
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: Classic Property Management
  • HOA Management Company: 817-640-2064

Schools

  • School District: Forney ISD
  • Elementary School: Claybon
  • Middle School: Warren
  • High School: Forney
  • School District: Forney ISD
  • Elementary School: Claybon
  • High School: Forney

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Sprinkler System, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 0.2570
  • Lot Size: 00x00
  • Parcel Number: 177562
  • Lot Size Acres: 0.2570
  • Lot Size Sq Ft: 11194.9200

Green Features

  • Efficiency: 12 inch+ Attic Insulation, Appliances, HVAC, Insulation, Low Flow Commode, Rain / Freeze Sensors, Thermostat, Waterheater, Windows
  • Green Verification Count: 1

Building Info

  • Year Built: 2013

Tax Info

  • TaxBlock: W
  • Tax Lot: 12

MLS Schools

  • MiddleOrJuniorSchool: Warren
  • Middle School Name: Warren
  • Elementary School Name: Claybon
  • High School Name: Forney

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2023
Sold by
Valero Cynthia
Bought by
Valero Cynthia
Current Estimated Value
$353,197

Purchase Details

Listed on
Sep 7, 2017
Closed on
Nov 3, 2017
Sold by
Thorpe Chad and Thorpe Elizabeth
Bought by
Minjarez Valero Jaime and Minjarez Cano Cynthia
Seller's Agent
Jennifer Rice
Compass RE Texas, LLC
Buyer's Agent
Norma Walker
JPAR Dallas
List Price
$295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.33%
Original Mortgage
$267,900
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2013
Sold by
Megatel Homes Inc
Bought by
Thorpe Chad and Thorpe Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,440
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 15, 2013
Sold by
Chestnut Meadows Iv Ltd
Bought by
Megatel Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,400
Interest Rate
4.46%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 5, 2013
Sold by
Chestnut Meadows Iv Ltd
Bought by
Megatel Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,400
Interest Rate
4.46%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Valero Cynthia -- None Listed On Document
Minjarez Valero Jaime -- First American Title Insuran
Thorpe Chad -- Chicago Title Of Texas
Megatel Homes Inc -- None Available
Megatel Homes Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Valero Jaime $239,350
Previous Owner Minjarez Valero Jaime $267,900
Previous Owner Thorpe Chad $206,900
Previous Owner Thorpe Chad $205,473
Previous Owner Thorpe Chad $208,440
Previous Owner Megatel Homes Inc $198,400
Previous Owner Megatel Homes Inc $198,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2017 11/03/17 Sold -- -- --
10/09/2017 10/09/17 Pending -- -- --
09/07/2017 09/07/17 For Sale $295,000 -- $127 / 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 $6,853 $379,827 $90,000 $289,827
2024 $6,853 $386,281 $90,000 $296,281
2023 $6,152 $359,949 $0 $0
2022 $7,217 $327,226 $0 $0
2021 $7,194 $297,478 $70,000 $227,478
2020 $6,560 $271,260 $60,000 $211,260
2019 $7,573 $275,400 $40,000 $235,400
2018 $7,533 $273,960 $25,000 $248,960
2017 $7,144 $265,000 $25,000 $240,000
2016 $6,495 $253,020 $25,000 $228,020
2015 $5,854 $212,400 $25,000 $187,400
2014 $5,854 $214,290 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 13689290

North Texas Real Estate Information Systems (NTREIS)

APN: 177562