NOT LISTED FOR SALE

512 Northwood Trail Southlake, TX 76092

Estimated Value: $1,267,000 - $1,527,000

4 Beds
4 Baths
4,278 Sq Ft
$323/Sq Ft Est. Value

Last Sold August 20, 2021

Current estimated payment $8,808/month

5 Days on Market

Highlights

  • Heated Pool and Spa
  • Commercial Range
  • Community Lake
  • Robert High Rockenbaugh Elementary School Rated A+
  • Built-In Refrigerator
  • Clubhouse

About This Home

As of August 2021

Completely updated home in Timarron with all high end designer finishes!! This house has ALL the upgrades already done including floors, kitchen, ALL the bathrooms, windows, gorgeous lighting and so much more! The updates include a completely new redesigned functional kitchen with commercial grade gas range, built-in refrigerator, quartz countertops, and the most amazing backsplash! The master bath was completely gutted and is absolutely stunning; it includes backlit mirrors and floating cabinetry with under cabinet lighting. The private backyard has a diving pool and spa, new landscaping, and a new retractable awning. All 3 HVAC units new in 2021! Walking distance to Rockenbaugh Elementary and Town Square!

Last Agent to Sell the Property

Frances Bankester

Compass RE Texas, LLC License #0636090 Listed on: 07/15/2021

Compass RE Texas, LLC

Co-Listed By

Blake Bankester

Compass RE Texas, LLC License #0732394

Last Buyer's Agent

Kayti Gage

Gage Realty License #0579888

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,090

Year Built

  • Built in 1998

Lot Details

  • 10,803 Sq Ft Lot
  • Wood Fence
  • Sprinkler System

HOA Fees

  • $92 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage

Home Design

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

Interior Spaces

  • 4,278 Sq Ft Home
  • 2-Story Property
  • Wired For A Flat Screen TV
  • Ceiling Fan
  • Decorative Lighting
  • Gas Log Fireplace
  • Window Treatments

Kitchen

  • Double Oven
  • Commercial Range
  • Gas Range
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Eco-Friendly Details

  • Energy-Efficient Appliances

Pool

  • Heated Pool and Spa
  • Heated In Ground Pool
  • Gunite Pool
  • Pool Water Feature
  • Pool Sweep
  • Diving Board

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Rockenbaug Elementary School
  • Dawson Middle School
  • Eubanks Middle School
  • Carroll High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 19 / 52
  • Assessor Parcel Number 07068115
  • $15,504 per year unexempt tax

Community Details

Overview

  • Association fees include full use of facilities, maintenance structure, management fees
  • Timarron HOA Grand Manors HOA, Phone Number (817) 424-3027
  • Timarron Add Subdivision
  • Mandatory home owners association
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,090

Year Built

Built in 1998

Lot Details

0

HOA Fees

$92 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structural Style: Single Detached
  • Unit Levels: Two
  • 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: 280.50491
  • Special Features: None
  • Year Built: 1998

Interior Features

  • Square Footage: 4278.00
  • Windows: Window Coverings
  • Fireplace Features: Gas Logs, Gas Starter
  • Interior Amenities: Built-in Wine Cooler, Decorative Lighting, Flat Screen Wiring, High Speed Internet Available
  • Flooring: Ceramic Tile, Luxury Vinyl Plank, Wood
  • Appliances: Built-in Refrigerator, Commercial Grade Range, Dishwasher, Disposal, Double Oven, Gas Range, Microwave, Vented Exhaust Fan, Gas Water Heater
  • Fireplaces: 1
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 4
  • Room Count: 14

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 4

Exterior Features

  • Pool: Yes
  • Foundation: Slab
  • Community Features: Club House, Community Pool, Jogging Path/Bike Path, Lake, Park, Playground, Tennis Court(s)
  • Fencing: Wood
  • Roof: Composition
  • Soil Type: Unknown
  • Construction Materials: Brick
  • Exterior Features: Covered Patio/Porch, Rain Gutters
  • Pool Features: Diving Board, Gunite, Heated, In Ground, Pool/Spa Combo, Pool Sweep, Water Feature
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Garage Spaces: 3
  • Total Covered Spaces: 3
  • Parking Features: Garage Faces Side
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Natural Gas
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • HOA Fee Includes: Full Use of Facilities, Maintenance Structure, Management Fees
  • Association Fee: 1100
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: Timarron HOA- Grand Manors
  • HOA Management Company: 817-424-3027

Schools

  • School District: Carroll ISD
  • Elementary School: Rockenbaug
  • Intermediate School: Eubanks
  • High School: Carroll
  • Senior High School: Carroll

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Sprinkler System
  • Lot Size Units: Acres
  • Lot Size Area: 0.2480
  • Parcel Number: 07068115
  • Lot Size Acres: 0.2480
  • Lot Size Sq Ft: 10802.8800

Green Features

  • Efficiency: Appliances
  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1998
  • SeniorCommunityYN: No

Tax Info

  • Unexempt Taxes: 15504
  • TaxBlock: 52
  • Tax Lot: 19

MLS Schools

  • MiddleOrJuniorSchool: Dawson
  • Middle School Name: Dawson
  • Elementary School Name: Rockenbaug
  • High School Name: Carroll

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2023
Sold by
Venkata Naga Nithin Kumar Rao and Rao Jyothsna
Bought by
Rao Family Trust and Venkata
Current Estimated Value
$1,380,968

Purchase Details

Listed on
Jul 15, 2021
Closed on
Aug 20, 2021
Sold by
Sharp Kenneth and Sharp Susan
Bought by
Venkata Naga Nithin Kumar Rao and Gandham Jyothsna
Seller's Agent
Frances Bankester
Compass RE Texas, LLC
Buyer's Agent
Kayti Gage
Gage Realty
List Price
$1,050,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%
Original Mortgage
$900,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2019
Sold by
Cartus Financial Corporation
Bought by
Sharp Kenneth and Sharp Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,350
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2001
Sold by
Barnes Bobbie S
Bought by
Sahba Shahriar and Sahba Shiva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.83%

Purchase Details

Closed on
Sep 29, 1998
Sold by
Drees Custom Homes Lp
Bought by
Barnes Bobbie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.92%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Rao Family Trust -- None Listed On Document
Venkata Naga Nithin Kumar Rao -- First American Title Ins Co
Sharp Kenneth -- First American Mortgage Sln
Sahba Shahriar -- Commonwealth Land Title
Barnes Bobbie S -- Alamo Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Venkata Naga Nithin Kumar Rao $900,000
Previous Owner Sharp Kenneth $484,350
Previous Owner Sahba Shahriar $275,000
Previous Owner Barnes Bobbie S $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2021 08/20/21 Sold -- -- --
07/20/2021 07/20/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $1,050,000 -- $245 / 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 $17,090 $1,165,089 $185,000 $980,089
2024 $17,090 $1,165,089 $185,000 $980,089
2023 $18,546 $1,050,000 $185,000 $865,000
2022 $19,956 $925,000 $125,000 $800,000
2021 $16,857 $739,342 $125,000 $614,342
2020 $15,630 $680,000 $125,000 $555,000
2019 $16,466 $680,000 $125,000 $555,000
2018 $15,175 $665,500 $100,000 $565,500
2017 $14,996 $605,000 $125,000 $480,000
2016 $14,580 $588,225 $125,000 $463,225
2015 $12,930 $534,750 $55,000 $479,750
2014 $12,930 $560,700 $55,000 $505,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14624281

North Texas Real Estate Information Systems (NTREIS)

APN: 07068115