NOT LISTED FOR SALE

520 Madrone Trail Forney, TX 75126

Estimated Value: $272,000 - $352,000

3 Beds
2 Baths
1,534 Sq Ft
$197/Sq Ft Est. Value

Last Sold January 05, 2021

Current estimated payment $2,151/month

10 Days on Market

Highlights

  • 2 Car Attached Garage
  • Home Security System
  • 1-Story Property
  • Claybon Elementary School Rated A-
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of January 2021

Very nice 3 bedroom and 2 bath home. Single story and great open floor plan. Nest Thermostat, Alarm System and Sprinkler System. New wood fence, Water Heater and disposal.
Close to pool and parks as well as Schools. Great family home!

Last Agent to Sell the Property

Molly Pennington

Divine Realty Group License #0655457 Listed on: 12/07/2020

Last Buyer's Agent

Robert Salmons

Entera Realty LLC License #0473731

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,090

Year Built

  • Built in 2008

Lot Details

  • 8,407 Sq Ft Lot
  • Wood Fence

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,534 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Home Security System

Kitchen

  • Gas Cooktop
  • Microwave

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 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

Listing and Financial Details

  • Legal Lot and Block 18 / W
  • Assessor Parcel Number 177568
  • $5,339 per year unexempt tax

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,090

Year Built

Built in 2008

Lot Details

0

HOA Fees

$30 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structural Style: Single Detached
  • Unit Levels: One
  • Security: Security System
  • 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: 142.76402
  • Special Features: None
  • Year Built: 2008

Interior Features

  • Square Footage: 1534.00
  • Fireplace Features: Gas Logs, Gas Starter
  • Interior Amenities: Cable TV Available
  • Flooring: Ceramic Tile, Laminate
  • Appliances: Electric Cooktop, Gas Cooktop, Microwave
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 2

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: Wood
  • Roof: Composition
  • Soil Type: Black
  • Construction Materials: Brick

Garage/Parking

  • Cooling System: Central Air, Electric
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • 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
  • Association Fee: 365
  • 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: North Forney
  • School District: Forney ISD
  • Elementary School: Claybon
  • Primary School: Forney
  • High School: North Forney

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Units: Acres
  • Lot Size Area: 0.1930
  • Parcel Number: 177568
  • Lot Size Acres: 0.1930
  • Lot Size Sq Ft: 8407.0800

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2008

Tax Info

  • Unexempt Taxes: 5339
  • TaxBlock: W
  • Tax Lot: 18

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2024
Sold by
Sfr Javelin Borrower Lp and 2024-1 Ih Borrower Lp
Bought by
2024-1 Ih Borrower Lp
Current Estimated Value
$302,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$891,909
Outstanding Balance
$883,270
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
-$580,440

Purchase Details

Listed on
Dec 7, 2020
Closed on
Jan 5, 2021
Sold by
Russell Joshua W
Bought by
Sfr Javelin Borrower Lp
Seller's Agent
Molly Pennington
Divine Realty Group
Buyer's Agent
Robert Salmons
Entera Realty LLC
List Price
$224,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%

Purchase Details

Listed on
Jun 19, 2018
Closed on
Jul 30, 2018
Sold by
Gray Rockford and Gray Lori S
Bought by
Golden Empire Mortgage Inc and Southlake Mortgage
Seller's Agent
Brandi Boyd
Coldwell Banker Apex, REALTORS
Buyer's Agent
Molly Pennington
Divine Realty Group
List Price
$224,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.93%
Original Mortgage
$199,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2016
Sold by
Duyka Courtney and Duyka Jason
Bought by
Gray Lori S and Gray Rockford

Purchase Details

Closed on
Jul 21, 2009
Sold by
Thomas James G and Thomas Brenda Sue
Bought by
Duyka Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,795
Interest Rate
5.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2008
Sold by
Horizon Homes Ltd
Bought by
Thomas James G and Thomas Brenda Sue

Purchase Details

Closed on
Sep 26, 2008
Sold by
Chestnut Meadows Iv Ltd
Bought by
Horizon Homes Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000,000
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage
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
2024-1 Ih Borrower Lp -- None Listed On Document
2024-1 Ih Borrower Lp -- None Listed On Document
Sfr Javelin Borrower Lp -- Republic Title Of Texas
Sfr Javelin Borrower Lp -- First American Title
Golden Empire Mortgage Inc -- Reliant Title
Gray Lori S -- Capital Title
Duyka Jason -- None Available
Thomas James G -- None Available
Horizon Homes Ltd -- Rtc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2024-1 Ih Borrower Lp $891,909
Closed 2024-1 Ih Borrower Lp $891,909
Previous Owner Golden Empire Mortgage Inc $199,500
Previous Owner Duyka Jason $139,795
Previous Owner Horizon Homes Ltd $95,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2021 01/05/21 Sold -- -- --
12/17/2020 12/17/20 Pending -- -- --
12/07/2020 12/07/20 For Sale $224,900 0.0% $147 / Sq Ft
07/30/2018 07/30/18 Sold -- -- --
07/17/2018 07/17/18 Pending -- -- --
06/19/2018 06/19/18 For Sale $224,900 -- $147 / 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 $6,090 $285,049 $90,000 $195,049
2024 $6,090 $288,987 $90,000 $198,987
2023 $6,145 $297,260 $90,000 $207,260
2022 $6,009 $272,485 $70,000 $202,485
2021 $5,642 $233,304 $70,000 $163,304
2020 $5,112 $211,390 $60,000 $151,390
2019 $5,675 $206,360 $40,000 $166,360
2018 $4,778 $173,750 $25,000 $148,750
2017 $4,901 $176,320 $25,000 $151,320
2016 $4,037 $150,740 $25,000 $125,740
2015 $3,488 $132,010 $25,000 $107,010
2014 $3,488 $130,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Molly Pennington

    Seller's Agent in 2021

    Molly Pennington

    Divine Realty Group

    (214) 600-0670

    2 in this area

    12 Total Sales

    Molly Pennington
    Section Image

  • R

    Buyer's Agent in 2021

    Robert Salmons

    Entera Realty LLC

    (888) 216-6364

    2 in this area

    1,411 Total Sales

    Robert Salmons
    Section Image

  • B

    Seller's Agent in 2018

    Brandi Boyd

    Coldwell Banker Apex, REALTORS

See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14482444

North Texas Real Estate Information Systems (NTREIS)

APN: 177568

Texas Kaufman County Forney 75126

520 Madrone Trail, Forney, TX

This home is located at 520 Madrone Trail, Forney, TX 75126 since 07 December 2020 and is currently estimated at $302,830, approximately $197 per square foot. This property was built in 2008. 520 Madrone Trail is a home located in Kaufman County with nearby schools including Claybon Elementary School, Warren Middle School, and Forney High School.

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