NOT LISTED FOR SALE

518 Placid Lake Ln Magnolia, TX 77354

Estimated Value: $287,000 - $344,438

3 Beds
2 Baths
1,418 Sq Ft
$222/Sq Ft Est. Value

Last Sold September 24, 2019

Current estimated payment $1,936/month

46 Days on Market

Highlights

  • Spa
  • Deck
  • Hydromassage or Jetted Bathtub
  • Willie E. Williams Elementary School Rated A-
  • Traditional Architecture
  • Granite Countertops

About This Home

As of September 2019

Adorable, totally updated home in the heart of Magnolia! This one has it all! Neutral paint, double pane insulated windows, light fixtures, ceiling fans, 6 panel doors, guest bath with vanity & whirlpool tub, master bath with tile shower and frameless glass. Kitchen boasts granite counters w/tile back-splash, SS appliances, and a walk-in pantry. All floors have been redone featuring laminate wood flooring in the dining room, new carpet in the secondary bedrooms, and tile throughout the rest of the home. Out back you will find an awesome covered back porch and an amazing back yard that has a partially enclosed pole barn with a loft! This will make a great workshop or mancave! The attic space is completely insulated with spray foam so it's only 10 deg different than the actual living space! HVAC system was also just replaced a few weeks ago! This home is super energy efficient when it comes to the electric bill! All of this on 1.14 acres of land and no HOA! HURRY, This one will go fast!!

Last Agent to Sell the Property

Wanda Barlow

United Real Estate License #0612997 Listed on: 07/09/2019

United Real Estate

Last Buyer's Agent

Jackie Macias

eXp Realty LLC License #0510726

eXp Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,649

Year Built

  • Built in 1969

Lot Details

  • 1.14 Acre Lot
  • Private Yard

Parking

  • 2 Car Attached Garage
  • 2 Attached Carport Spaces
  • Garage Door Opener
  • Driveway

Home Design

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

Interior Spaces

  • 1,418 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Dining Room
  • Utility Room
  • Washer and Electric Dryer Hookup
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bidet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower

Eco-Friendly Details

  • Energy-Efficient Windows with Low Emissivity
  • Energy-Efficient Insulation
  • Ventilation

Outdoor Features

  • Spa
  • Deck
  • Covered Patio or Porch
  • Shed

Schools

  • Willie E. Williams Elementary School
  • Magnolia Junior High School
  • Magnolia West High School

Utilities

  • Central Heating and Cooling System

Community Details

  • Dogwood Patches 02 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,649

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Building Stories: 1
  • Year Built: 1969
  • Lot Size Acres: 1.14
  • Road Surface Type: Asphalt
  • Subdivision Name: Dogwood Patches 02
  • Architectural Style: Traditional
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Insulation, Windows
  • UniversalParcelId: urn:reso:upi:2.0:US:48339:4040-02-02300
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave, Oven
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Bidet, Granite Counters, Hot Tub/Spa, Jetted Tub, Tub Shower, Window Treatments, Ceiling Fan(s)
  • Living Area: 1418.0
  • Dining Room Type: Dining Room, Utility Room
  • Window Features: Low-Emissivity Windows

Exterior Features

  • Disclosures: Seller Disclosure
  • Roof: Composition
  • Lot Features: Subdivision
  • Pool Private: No
  • Construction Type: Brick, Wood Siding
  • Exterior Features: Covered Patio, Hot Tub/Spa, Porch, Patio, Private Yard, Storage
  • Foundation Details: Slab
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Deck, Patio, Porch

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached Carport, Attached, Driveway, Garage, Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: WILLIE E. WILLIAMS ELEMENTARY SCHOOL
  • Junior High Dist: 36 - Magnolia
  • High School: MAGNOLIA WEST HIGH SCHOOL
  • Middle Or Junior School: MAGNOLIA JUNIOR HIGH SCHOOL

Green Features

  • Green Indoor Air Qlty: Ventilation

Lot Info

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3649.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2019
Closed on
Sep 24, 2019
Sold by
Marchand John and Marchand Terrie
Bought by
Avina Marcus and Avina Aixsa
Seller's Agent
Wanda Barlow
United Real Estate
Buyer's Agent
Jackie Macias
eXp Realty LLC
List Price
$249,900
Current Estimated Value
$314,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.21%
Original Mortgage
$230,000
Outstanding Balance
$201,462
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$113,148

Purchase Details

Closed on
Mar 26, 2004
Sold by
Karr Charles A and Karr Claudia
Bought by
Marchand John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
Avina Marcus -- Old Republic Natl Ttl Ins Co
Marchand John -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avina Marcus $230,000
Previous Owner Marchand John $102,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2024 08/18/24 Off Market -- -- --
09/24/2019 09/24/19 Sold -- -- --
08/25/2019 08/25/19 Pending -- -- --
07/09/2019 07/09/19 For Sale $249,900 -- $176 / Sq Ft
Source: Houston Association of REALTORS®

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 $3,302 $258,000 $102,600 $155,400
2024 $3,344 $258,363 $102,600 $155,763
2023 $3,344 $255,320 $102,600 $154,740
2022 $4,967 $232,110 $85,500 $234,270
2021 $4,777 $211,010 $30,780 $180,230
2020 $5,691 $228,710 $30,780 $197,930
2019 $3,619 $145,830 $30,780 $115,050
2018 $3,127 $141,360 $18,810 $148,380
2017 $3,320 $128,510 $18,810 $109,700
2016 $3,320 $128,510 $18,810 $109,700
2015 $2,694 $122,140 $18,810 $103,330
2014 $2,694 $112,390 $5,700 $122,450
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2019

    Wanda Barlow

    United Real Estate

    Section Image

  • J

    Buyer's Agent in 2019

    Jackie Macias

    eXp Realty LLC

    121 Total Sales

    Jackie Macias
    Section Image
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Map

Source: Houston Association of REALTORS®

MLS Number: 77788131

Houston Association of REALTORS®

APN: 4040-02-02300

Texas Montgomery County Magnolia 77354

518 Placid Lake Ln, Magnolia, TX

Not Listed for Sale

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