NOT LISTED FOR SALE

525 E Lanett Dr Desoto, TX 75115

Estimated Value: $282,257 - $320,000

3 Beds
2 Baths
1,701 Sq Ft
$173/Sq Ft Est. Value

Last Sold January 11, 2021

Current estimated payment $2,115/month

2 Days on Market

Highlights

  • Traditional Architecture
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Double Oven
  • 1-Story Property
  • 2 Car Garage

About This Home

As of January 2021

Come see this well-maintained three bedroom, 2 bath home. All new interior paint and hardwood laminate floors throughout. No carpet! It won't last long. Open House Cancelled due to Multiple Offers received.

Last Agent to Sell the Property

Toni Smith

The Michael Group License #0719162 Listed on: 12/09/2020

The Michael Group

Last Buyer's Agent

Toni Smith

The Michael Group License #0719162 Listed on: 12/09/2020

The Michael Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,169

Year Built

  • Built in 1984

Lot Details

  • 8,538 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 1,701 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Brick Fireplace

Kitchen

  • Double Oven
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • The Meadows Elementary School
  • Desoto West Middle School
  • Desoto High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

  • South Meadows Sec 04 Subdivision

Listing and Financial Details

  • Legal Lot and Block 14 / 7
  • Assessor Parcel Number 20098570070140000
  • $5,139 per year unexempt tax

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,169

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • 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: 129.33568
  • Special Features: None
  • Year Built: 1984

Interior Features

  • Square Footage: 1701.00
  • Fireplace Features: Brick, Gas Starter, Wood Burning
  • Interior Amenities: Cable TV Available, High Speed Internet Available
  • Flooring: Ceramic Tile, Laminate
  • Appliances: Dishwasher, Double Oven, Electric Cooktop, Electric Oven, Microwave
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 5

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating: Central, Electric
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Desoto ISD
  • Elementary School: The Meadows
  • Middle School: Desoto West
  • High School: Desoto
  • School District: Desoto ISD
  • Elementary School: The Meadows
  • High School: Desoto

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Units: Acres
  • Lot Size Area: 0.1960
  • Parcel Number: 20098570070140000
  • Lot Size Acres: 0.1960
  • Lot Size Sq Ft: 8537.7600

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1984
  • SeniorCommunityYN: No

Tax Info

  • Unexempt Taxes: 5139
  • TaxBlock: 7
  • Tax Lot: 14

MLS Schools

  • MiddleOrJuniorSchool: Desoto West
  • Middle School Name: Desoto West
  • Elementary School Name: The Meadows
  • High School Name: Desoto

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2020
Closed on
Jan 29, 2021
Sold by
Quickway Holdings-Series Lanett
Bought by
Cantu Sarah Ruth and Cantu Ellis Antonio
Seller's Agent
Toni Smith
The Michael Group
Buyer's Agent
Toni Smith
The Michael Group
List Price
$215,000
Current Estimated Value
$293,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.19%
Original Mortgage
$202,500
Outstanding Balance
$182,261
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$101,714

Purchase Details

Listed on
Dec 9, 2020
Closed on
Jan 18, 2021
Sold by
Pillutla Vandana Rao
Bought by
Quickway Holdings Series Lanett
Seller's Agent
Toni Smith
The Michael Group
Buyer's Agent
Toni Smith
The Michael Group
List Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Outstanding Balance
$182,261
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$101,714

Purchase Details

Listed on
Dec 9, 2020
Closed on
Jan 11, 2021
Sold by
Brooks Michael L and Brooks Chinea R
Bought by
Pillutla Vandana Rao
Seller's Agent
Toni Smith
The Michael Group
Buyer's Agent
Toni Smith
The Michael Group
List Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Outstanding Balance
$182,261
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$101,714

Purchase Details

Closed on
Sep 24, 2004
Sold by
Helm Virgil and Helm Wanda R
Bought by
Brooks Michael L and Brooks Chinea R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 1996
Sold by
Cearley Wynona and Murphy Wynona Cearley
Bought by
Helm Virgil and Helm Wanda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.12%
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
Cantu Sarah Ruth -- None Listed On Document
Quickway Holdings Series Lanett -- None Available
Pillutla Vandana Rao -- Capital Title
Brooks Michael L -- --
Helm Virgil -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cantu Sarah Ruth $202,500
Closed Quickway Holdings Series Lanett $176,000
Closed Pillutla Vandana Rao $176,000
Previous Owner Brooks Michael L $93,450
Previous Owner Brooks Michael L $103,500
Previous Owner Helm Virgil $75,000
Closed Brooks Michael L $5,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2021 01/11/21 Sold -- -- --
12/11/2020 12/11/20 Pending -- -- --
12/09/2020 12/09/20 For Sale $215,000 -- $126 / 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 $6,169 $270,190 $65,000 $205,190
2024 $6,169 $270,190 $65,000 $205,190
2023 $6,169 $256,110 $55,000 $201,110
2022 $6,452 $256,110 $55,000 $201,110
2021 $5,766 $213,030 $40,000 $173,030
2020 $5,128 $178,650 $35,000 $143,650
2019 $5,123 $178,650 $35,000 $143,650
2018 $4,471 $154,880 $24,000 $130,880
2017 $3,462 $121,080 $20,000 $101,080
2016 $3,462 $121,080 $20,000 $101,080
2015 $2,449 $96,780 $20,000 $76,780
2014 $2,449 $96,780 $20,000 $76,780
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Toni Smith

    The Michael Group

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14483624

North Texas Real Estate Information Systems (NTREIS)

APN: 20098570070140000

Texas Dallas County DeSoto 75115

525 E Lanett Dr, DeSoto, TX

This home is located at 525 E Lanett Dr, Desoto, TX 75115 since 09 December 2020 and is currently estimated at $293,814, approximately $172 per square foot. This property was built in 1984. 525 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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