NOT LISTED FOR SALE

521 E Lanett Dr Desoto, TX 75115

Estimated Value: $299,000 - $334,000

3 Beds
2 Baths
1,937 Sq Ft
$161/Sq Ft Est. Value

Last Sold December 17, 2021

Current estimated payment $2,278/month

108 Days on Market

Highlights

  • Bay Window
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Wet Bar
  • 1-Story Property
  • 2 Car Garage

About This Home

As of December 2021

BACK ON THE MARKET!!! Buyers Financing Fell Through AGAIN!!!ACT NOW AND ACT FAST!!!l
Custom built, 3 bedroom, 2 bath, rear entry home offering spacious living, dining, and split bedroom arrangement. Located in an established neighborhood nestled between two major thoroughfares. This is a grand opportunity to acquire a very good home below market price! Seller is offering $3,500.00 repair allowance toward repairs Some rehab have taken place such as fresh interior and exterior painting, replacement of carpet, and laminate in master bath and entry area. Excellent investor opportunity as well as first time home buyer! Agents please present your best and final offer the first time. Thank You

Last Agent to Sell the Property

Anthony Long

Anthony Long Realty License #0409983 Listed on: 07/12/2021

Last Buyer's Agent

Innocent Umelloh

Innocent Realtors License #0447489

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,939

Year Built

  • Built in 1990

Lot Details

  • 8,581 Sq Ft Lot

Parking

  • 2 Car Garage
  • Rear-Facing Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,937 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Fireplace With Gas Starter
  • Bay Window
  • Full Size Washer or Dryer

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Desoto East Middle School
  • Desoto High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas

Community Details

  • South Meadows Sec 04 Subdivision

Listing and Financial Details

  • Legal Lot and Block 16 / 7
  • Assessor Parcel Number 20098570070160000
  • $5,237 per year unexempt tax

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,939

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structural Style: Single Detached
  • Unit Levels: One
  • 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: 139.39081
  • Special Features: None
  • Year Built: 1990

Interior Features

  • Square Footage: 1937.00
  • Windows: Bay Window(s)
  • Fireplace Features: Gas Starter
  • Interior Amenities: Wet Bar
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Microwave, Vented Exhaust Fan
  • Fireplaces: 1
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 1
  • Room Count: 8

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Block

Garage/Parking

  • Cooling System: Central Air, Electric
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: Garage Faces Rear
  • GarageYN: Yes

Utilities

  • Heating: Central, Natural Gas
  • LaundryFeatures: Full Size W/D Area
  • Utilities: Alley, City Sewer, City Water

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Desoto ISD
  • Middle School: Desoto East
  • High School: Desoto
  • School District: Desoto ISD
  • Junior High School: Young
  • High School: Desoto

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Units: Acres
  • Lot Size Area: 0.1970
  • Parcel Number: 20098570070160000
  • Lot Size Acres: 0.1970
  • Lot Size Sq Ft: 8581.3200

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1990

Tax Info

  • Unexempt Taxes: 5237
  • TaxBlock: 7
  • Tax Lot: 16

MLS Schools

  • MiddleOrJuniorSchool: Young
  • Middle School Name: Desoto East
  • High School Name: Desoto

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2021
Closed on
Dec 15, 2021
Sold by
Willis Dorothy and Willis Nia Simone
Bought by
Ugochukwu Maxwell and Ugochukwu Nene
Seller's Agent
Anthony Long
Anthony Long Realty
Buyer's Agent
Innocent Umelloh
Innocent Realtors
List Price
$260,000
Current Estimated Value
$311,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.05%
Original Mortgage
$216,000
Outstanding Balance
$199,426
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$112,561

Purchase Details

Closed on
Feb 11, 1994
Sold by
Cole Joseph C and Cole Valarie H
Bought by
Cain Lillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,200
Interest Rate
7.25%
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
Ugochukwu Maxwell -- Independence Title
Cain Lillian -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ugochukwu Maxwell $216,000
Previous Owner Willis Darryl C $103,947
Previous Owner Cain Lillian $81,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold -- -- --
10/28/2021 10/28/21 Pending -- -- --
10/23/2021 10/23/21 For Sale $260,000 0.0% $134 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $260,000 -- $134 / 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 $6,939 $303,900 $65,000 $238,900
2024 $6,939 $303,900 $65,000 $238,900
2023 $6,939 $278,640 $55,000 $223,640
2022 $7,020 $278,640 $55,000 $223,640
2021 $5,547 $204,930 $40,000 $164,930
2020 $5,237 $182,450 $35,000 $147,450
2019 $5,232 $182,450 $35,000 $147,450
2018 $4,894 $169,540 $24,000 $145,540
2017 $3,603 $126,000 $20,000 $106,000
2016 $1,954 $126,000 $20,000 $106,000
2015 $2,031 $117,570 $20,000 $97,570
2014 $2,031 $117,570 $20,000 $97,570
Source: Public Records

Agents Affiliated with this Home

  • Anthony Long

    Seller's Agent in 2021

    Anthony Long

    Anthony Long Realty

    (469) 323-9392

    9 in this area

    34 Total Sales

    Anthony Long
    Section Image

  • I

    Buyer's Agent in 2021

    Innocent Umelloh

    Innocent Realtors

    (214) 415-4653

    3 in this area

    90 Total Sales

    Innocent Umelloh
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14623494

North Texas Real Estate Information Systems (NTREIS)

APN: 20098570070160000

Texas Dallas County DeSoto 75115

521 E Lanett Dr, DeSoto, TX

This home is located at 521 E Lanett Dr, Desoto, TX 75115 since 12 July 2021 and is currently estimated at $311,987, approximately $161 per square foot. This property was built in 1990. 521 E Lanett Dr is a home located in Dallas County with nearby schools including Ruby Young Talented and Gifted Academy, The Meadows Elementary School, and Golden Rule Desoto.

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