NOT LISTED FOR SALE

518 Franklin Ln Lavon, TX 75166

Estimated Value: $394,282 - $469,000

4 Beds
3 Baths
2,765 Sq Ft
$152/Sq Ft Est. Value

Last Sold December 01, 2023

Current estimated payment $2,967/month

94 Days on Market

Highlights

  • Covered Patio or Porch
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • 2 Car Attached Garage

About This Home

As of December 2023

Beautiful home with stunning curb appeal. Wood look floors adorn the entry, halls, kitchen, & family room. Rotunda foyer greats you and your guests. Gourmet kitchen with white cabinetry, wood hood, glass pantry door, decorative backsplash, quartz counters, center island, & stainless apps. Primary Bedroom is perfect for king size furniture. Primary bath with dual sinks, separate shower, & garden soaking tub. Large Backyard with covered patio and mature trees is perfect for outdoor living & entertaining. This home is a MUST SEE!

Last Agent to Sell the Property

Leonard McManaman

Keller Williams Frisco Stars Brokerage Phone: 972-332-0008 License #0621656 Listed on: 07/14/2023

Keller Williams Frisco Stars

Last Buyer's Agent

Gracie Robles

Taylor Realty Associates License #0530901

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,547

Year Built

  • Built in 2020

Lot Details

  • 7,841

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,765 Sq Ft Home
  • 1.5-Story Property
  • Electric Cooktop

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

  • Nesmith Elementary School
  • Community High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • 7,841 Sq Ft Lot

Community Details

  • Association fees include management
  • Lavon Grand Heritage HOA
  • Traditions At Grand Heritage, Ph 2 Subdivision

Listing and Financial Details

  • Legal Lot and Block 11 / B
  • Assessor Parcel Number R1212400B01101

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,547

Year Built

Built in 2020

Lot Details

0

HOA Fees

$67 per month

Parking

2

Listing Details

  • OWNERNAME: See offer instructions
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached
  • Unit Levels: One and One Half
  • Attribution Contact: 972-332-0008
  • Co List Office Mls Id: KEWI02
  • Structure Type: House
  • Special Features: VirtualTour

Interior Features

  • Square Footage: 2765.0
  • Interior Amenities: Cable TV
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Appliances: Electric Cooktop
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Slab
  • Roof: Composition
  • Pool Features: None
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Central Air, Electric
  • Garage Spaces: 2.0
  • Total Covered Spaces: 2.0
  • Parking Features: Garage Faces Front
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Association Management
  • Association Fee: 200.0
  • Association Fee Frequency: Quarterly
  • Association Name: Lavon Grand Heritage HOA

Schools

  • Elementary School: Nesmith
  • High School: Community
  • Junior High Dist: Community ISD

Lot Info

  • PropertyAttachedYN: No
  • Lot Size Units: Acres
  • Lot Size Area: 0.18
  • Parcel Number: R1212400B01101
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7840.8

Building Info

  • Year Built: 2020

Tax Info

  • TaxBlock: B
  • Tax Lot: 11
  • Tax Annual Amount: 9547.0

MLS Schools

  • MiddleOrJuniorSchool: Leland Edge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Nov 30, 2023
Sold by
Bloomfield Homes Lp
Bought by
Naeini Shahla S
Seller's Agent
Leonard McManaman
Keller Williams Frisco Stars
Buyer's Agent
Gracie Robles
Taylor Realty Associates
List Price
$415,000
Views
77
Current Estimated Value
$406,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,250
Outstanding Balance
$298,096
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$108,686

Purchase Details

Closed on
Feb 17, 2023
Sold by
Malone Paul Edward
Bought by
Bloomfield Homes Lp

Purchase Details

Closed on
Mar 3, 2021
Sold by
Bloomfield Homes Lp
Bought by
Malone Paul Edward and Multidor Nadia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,317
Interest Rate
2.7%
Mortgage Type
FHA
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
Naeini Shahla S -- None Listed On Document
Bloomfield Homes Lp -- Simplifile
Malone Paul Edward -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naeini Shahla S $302,250
Previous Owner Malone Paul Edward $321,317
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Sold -- -- --
10/17/2023 10/17/23 Pending -- -- --
09/29/2023 09/29/23 For Sale $415,000 0.0% $150 / Sq Ft
08/16/2023 08/16/23 Pending -- -- --
08/04/2023 08/04/23 Price Changed $415,000 -2.4% $150 / Sq Ft
07/14/2023 07/14/23 For Sale $425,000 -- $154 / 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
2023 $8,212 $448,000 $100,000 $348,000
2022 $9,547 $453,184 $90,000 $363,184
2021 $4,038 $156,201 $59,200 $97,001
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20381439

North Texas Real Estate Information Systems (NTREIS)

APN: R-12124-00B-0110-1