NOT LISTED FOR SALE

525 Eastmeadow Ln Northlake, TX 76226

Estimated Value: $1,243,000 - $1,463,000

1 Acre
$1,355,985 Price per Acre
43,560 Sq Ft Lot

Last Sold June 09, 2020

Current estimated payment $9,032/month

222 Days on Market

Highlights

  • 1 Acre Lot
  • Argyle West Rated A
  • Interior Lot

About This Lot

As of June 2020

ARGYLE ISD! One acre lot in cul de sac of Creek Meadows Addition, with beautiful view and privacy behind parcel. Build your dream home and bring your own builder! No time limit to build is also a plus since acreage lots in this area are selling fast. 2800 SF minimum, min 2 car garage. See Plat, Covenants, Conditions and Restrictions in media.

Last Agent to Sell the Property

Pam Hudson

Peak Point Real Estate License #0570506 Listed on: 10/23/2019

Last Buyer's Agent

Pam Hudson

Peak Point Real Estate License #0570506 Listed on: 10/23/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $18,622

Lot Details

  • 1 Acre Lot
  • Interior Lot

HOA Fees

  • $58 Monthly HOA Fees

Schools

  • Hilltop Elementary School
  • Argyle Middle School
  • Argyle High School

Community Details

  • Association fees include maintenance structure, management fees
  • Creek Meadows HOA, Phone Number (817) 939-3559
  • Creek Meadows Add Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Legal Lot and Block 23 / A
  • Assessor Parcel Number R722607
  • $3,123 per year unexempt tax

Property Details

Property Type

Land

Est. Annual Taxes

$18,622

Lot Details

0

HOA Fees

$58 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: Deed
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Agricultural Exemption YN: No
  • Special Features: None

Exterior Features

  • Easements: Utilities
  • Fencing: None
  • Soil Type: Unknown
  • Waterfront: No

Garage/Parking

  • GarageYN: No

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sidewalk

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Management Fees
  • Association Fee: 700
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: Creek Meadows HOA
  • HOA Management Company: 817-939-3559

Association/Amenities

  • DevelopmentStatus: City Limits, Streets Installed, Utilities Installed

Schools

  • School District: Argyle ISD
  • Elementary School: Hilltop
  • Middle School: Argyle
  • High School: Argyle
  • School District: Argyle ISD
  • Elementary School: Hilltop
  • Intermediate School: Argyle
  • High School: Argyle

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 1 to < 3 Acres
  • Lot Features: Acreage, Interior Lot, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 1.0000
  • Parcel Number: R722607
  • Lot Size Acres: 1.0000
  • Lot Size Sq Ft: 43560.0000
  • Zoning Description: Residential
  • Present Use: Single Family

Tax Info

  • Unexempt Taxes: 3123
  • TaxBlock: A
  • Tax Lot: 23

MLS Schools

  • MiddleOrJuniorSchool: Argyle
  • Middle School Name: Argyle
  • Elementary School Name: Hilltop
  • High School Name: Argyle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2022
Sold by
Our Country Homes Llc
Bought by
Driver David and Driver Mitzi
Current Estimated Value
$1,362,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Outstanding Balance
$738,201
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$613,790

Purchase Details

Listed on
Oct 23, 2019
Closed on
Aug 7, 2020
Sold by
Faith 407 Holdings Llc
Bought by
Our Country Homes Llc
Seller's Agent
Pam Hudson
Peak Point Real Estate
Buyer's Agent
Pam Hudson
Peak Point Real Estate
List Price
$199,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.41%
Original Mortgage
$624,000
Interest Rate
3.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Oct 23, 2019
Closed on
Jun 12, 2020
Sold by
Margiotti John M and Margiott Jamie L
Bought by
Faith 407 Holdings Llc
Seller's Agent
Pam Hudson
Peak Point Real Estate
Buyer's Agent
Pam Hudson
Peak Point Real Estate
List Price
$199,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,000
Interest Rate
3.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 22, 2019
Sold by
Faith 407 Holdings Llc
Bought by
Margiotti John M and Margiotti Jamie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,500
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Driver David -- None Listed On Document
Our Country Homes Llc -- First American Title
Faith 407 Holdings Llc -- None Available
Margiotti John M -- Stewart Title
Margiotti John M -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Driver David $780,000
Previous Owner Our Country Homes Llc $624,000
Previous Owner Margiotti John M $144,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2020 06/09/20 Sold -- -- --
05/28/2020 05/28/20 Price Changed $200,000 +8.1% --
05/06/2020 05/06/20 Price Changed $185,000 -2.6% --
03/17/2020 03/17/20 Price Changed $190,000 -2.6% --
03/10/2020 03/10/20 Price Changed $195,000 -2.0% --
10/23/2019 10/23/19 For Sale $199,000 -- --
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 $18,622 $1,179,750 $348,480 $1,112,051
2024 $19,624 $1,072,500 $0 $0
2023 $15,520 $975,000 $196,020 $778,980
2022 $12,966 $647,178 $185,130 $462,048
2021 $1,732 $84,942 $84,942 $0
2020 $3,013 $141,570 $141,570 $0
2019 $3,123 $141,570 $141,570 $0
2018 $3,140 $141,570 $141,570 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14213743

North Texas Real Estate Information Systems (NTREIS)

APN: R722607