NOT LISTED FOR SALE

520 Lance Rd Quitman, TX 75783

Estimated Value: $282,000 - $329,000

4 Beds
3 Baths
1,979 Sq Ft
$154/Sq Ft Est. Value

Last Sold June 21, 2024

Current estimated payment $2,034/month

7 Days on Market

Highlights

  • Wind Turbine Power
  • Traditional Architecture
  • Porch
  • Deck
  • No HOA
  • Double Vanity

About This Home

As of June 2024

Spacious, open concept, 4 bed 3 bath home designed for energy efficiency. 11.2k solar system activated 25 Oct 2023, system is FULLY PAID FOR with free training available upon request. NO LEASE! This system is capable of producing over 1200kw per month. It is set up to easily add up to an additional 6.8k of solar and a battery backup and has a 10 year warranty on the inverter and 25 years on panels. This beautifully restored home offers all lighting updated to LED., new Rheem gas instant-heat water heater, all new fixtures, kitchen cabinets with slow close, granite countertops, 20-year waterproof flooring, fresh interior and exterior paint, new double pane argon filled windows throughout, with transferable, lifetime warranty, HVAC with gas heat, solar attic fan, blown in insulation and electrical breaker boxes with all new plugs throughout the house. Modernized bathrooms with granite countertops, vanities and faucets. The garage conversion offers a second en suite providing floor plan flexibility. All topped off with a new roof, carport with all new smart board fascia and soffit on the entire house along with a new 10x15 deck at back. Located in the sought after neighborhood in town on .9 acres there are two outbuildings, two peach, two mulberry, two fig and a walnut tree and an ideal space for a garden. This cozy jewel is move in ready and located near all the conveniences of town and a short distance to the new Kiwanis walking/biking trail currently being built and a few blocks from the elementary school.

Last Agent to Sell the Property

Kendal Farmer

Quitman Realty License #0493648 Listed on: 04/26/2024

Last Buyer's Agent

NON MEMBER AGENT

NON MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,480

Year Built

  • Built in 1985

Lot Details

  • 0.92 Acre Lot
  • Irregular Lot

Home Design

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

Interior Spaces

  • 1,979 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room
  • Combination Kitchen and Dining Room
  • Utility Room
  • 12 Inch+ Attic Insulation

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Tile Bathroom Countertop
  • Double Vanity
  • Bathtub with Shower
  • Shower Only
  • Linen Closet In Bathroom

Parking

  • Garage
  • Side Facing Garage

Eco-Friendly Details

  • Wind Turbine Power
  • Solar Power System

Outdoor Features

  • Deck
  • Outdoor Storage
  • Porch

Schools

  • Quitman Elementary And Middle School
  • Quitman High School

Utilities

  • Central Air
  • SEER Rated 13-15 Air Conditioning Units
  • Heating System Uses Gas
  • Underground Utilities
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Goldsmith Morse Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,480

Year Built

Built in 1985

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 520 Lance
  • LakeCommunity: No
  • Unit Levels: 1 Story
  • HOAClubYN: No
  • LO1BrokerLicenseNumber: 0261650 - Jerry Williams
  • PrimaryType: Single Family Detached
  • PublicRemarksAmenities: Spacious, open concept, 4 bed 3 bath home designed for energy efficiency. 11.2k solar system activated 25 Oct 2023, system is FULLY PAID FOR with free training available upon request. NO LEASE! This system is capable of producing over 1200kw per month. It is set up to easily add up to an additional 6.8k of solar and a battery backup and has a 10 year warranty on the inverter and 25 years on panels. This beautifully restored home offers all lighting updated to LED., new Rheem gas instant-heat water heater, all new fixtures, kitchen cabinets with slow close, granite countertops, 20-year waterproof flooring, fresh interior and exterior paint, new double pane argon filled windows throughout, with transferable, lifetime warranty, HVAC with gas heat, solar attic fan, blown in insulation and electrical breaker boxes with all new plugs throughout the house. Modernized bathrooms with granite countertops, vanities and faucets. The garage conversion offers a second en suite providing floor plan flexibility. All topped off with a new roof, carport with all new smart board fascia and soffit on the entire house along with a new 10x15 deck at back. Located in the sought after neighborhood in town on .9 acres there are two outbuildings, two peach, two mulberry, two fig and a walnut tree and an ideal space for a garden. This cozy jewel is move in ready and located near all the conveniences of town and a short distance to the new Kiwanis walking/biking trail currently being built and a few blocks from the elementary school.
  • OFFICELIST_STATE: TX
  • STREETUTILITIES: All Weather Surface, Underground Utilities
  • Building Style: Traditional
  • Subdivision Name: Goldsmith-Morse
  • Warranty: 1 Year Warranty Available
  • Water Company: City of Quitman
  • YearOfConstruction: 1985
  • HistoricalDistrictYN: No
  • HistoricalHomesDesignationYN: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1985

Interior Features

  • Primary Bathroom: Shower Only, Shower/Tub, Double Lavatory, Vinyl Tile, Other /See Remarks, Linen Closet
  • Master Bedroom: Master Bedroom Split
  • Breakfast Room Size: 9 x 8
  • Number of Dining Areas: Kitchen/Eating Combo
  • Energy Efficiency: 12+ Inch Attic Insulation, 13-15 SEER AC, Solar Panels, Turbines
  • Fireplace: One Wood Burning, Other/See Remarks
  • Flooring: Carpet, Vinyl, Other/See Remarks
  • Interior Amenities: Ceiling Fan, Cable TV Available
  • Kitchen Equipment: Dishwasher, Disposal, Microwave, Pantry, Oven-Electric, Cooktop-Gas, Island
  • Kitchen Size: 10.5 x 10
  • Living Room Size: 14.5 x 22.
  • Master Bedroom: Utility Room, 1 Living Area
  • Source of Sq Ft: WCAD

Exterior Features

  • Exterior Construction: Brick Veneer
  • Fencing: None
  • Exterior: Deck Open, Porch
  • Foundation: Slab
  • Out Buildings: Storage Building(s)
  • Pool/Spa: None
  • Roof: Composition
  • Waterfront: No
  • Water View: No

Garage/Parking

  • Driveway: Gravel
  • Garage/Carport Description: Side Entry

Utilities

  • Cooling: Central Electric
  • Heating: Central/Gas
  • Sewer: Public Sewer
  • Hot Water: Public
  • Water Heater: Tankless-Gas

Fee Information

  • Tax Class: RESIDENTIAL
  • Taxes: 2480

Schools

  • Elementary School: Quitman
  • High School: Quitman
  • Middle School: Quitman

Lot Info

  • Estimated Lot Dimensions: 84x231 & 131x159
  • Lot/Land Description: Subdivision Lot, Irregular
  • Total Acres: 0.922

Green Features

  • Certified Green: Solar Electric System

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Jun 21, 2024
Sold by
Franklin Scott Sr James and Mar Jacqueline
Bought by
Rose-Downing Tracy Margaret
Seller's Agent
Kendal Farmer
Quitman Realty
Buyer's Agent
NON MEMBER AGENT
NON MEMBER OFFICE
List Price
$284,500
Views
23
Current Estimated Value
$304,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.82%
Original Mortgage
$241,825
Outstanding Balance
$238,353
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$66,516

Purchase Details

Closed on
Jun 13, 2022
Sold by
Avt Title Services Llc
Bought by
Seattle Bank
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
Rose-Downing Tracy Margaret -- Wood County Title
Seattle Bank $135,105 Servicelink
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rose-Downing Tracy Margaret $241,825
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/21/2024 06/21/24 Sold -- -- --
05/03/2024 05/03/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $284,500 +134.0% $144 / Sq Ft
07/06/2023 07/06/23 Sold -- -- -- View Prior Sale
06/08/2023 06/08/23 Pending -- -- --
03/09/2023 03/09/23 Price Changed $121,600 -5.0% $80 / Sq Ft
01/13/2023 01/13/23 For Sale $128,000 -- $85 / Sq Ft
Source: Greater Tyler 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
2024 $5,233 $274,090 $24,100 $249,990
2023 $2,480 $129,640 $24,100 $105,540
2022 $3,475 $162,460 $24,100 $138,360
2021 $3,539 $149,460 $24,100 $125,360
2020 $3,396 $140,980 $18,000 $122,980
2019 $3,089 $129,820 $18,000 $111,820
2018 $2,877 $113,420 $18,000 $95,420
2017 $2,896 $113,420 $18,000 $95,420
2016 $2,760 $108,090 $18,000 $90,090
2015 -- $100,980 $18,000 $82,980
2014 -- $100,980 $18,000 $82,980
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Kendal Farmer

    Quitman Realty

    Section Image

  • N

    Buyer's Agent in 2024

    NON MEMBER AGENT

    NON MEMBER OFFICE

  • T

    Seller's Agent in 2023

    TOM HOOTER

    Berkshire Hathaway HomeServices Miles Realty-Tyler

    (903) 520-5488

    74 Total Sales

    TOM HOOTER
    Section Image
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Map

Source: Greater Tyler Association of REALTORS®

MLS Number: 24005755

Greater Tyler Association of REALTORS®

APN: R38420

Texas Wood County Quitman 75783

520 Lance Rd, Quitman, TX

Not Listed for Sale

Detached

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