NOT LISTED FOR SALE

Estimated Value: $490,440 - $544,000

4 Beds
2.5 Baths
2,768 Sq Ft
$187/Sq Ft Est. Value

Sale Details

Date Sold: September 14, 2021

Current estimated payment $3,510 / mo

Highlights

  • On Golf Course
  • Traditional Architecture
  • Covered Patio or Porch
  • Scott Elementary School Rated A
  • Park or Greenbelt View
  • 2-Car Garage with two garage doors

About This Home

As of October 2024

Application fee is $20 per household for a limited time.



Come see this exceptional home located right on the golf course, offering over 200-degree views of the fairways. The west-facing property is adjacent to a non-buildable lot, providing added privacy and stunning vistas from the back covered patio, perfect for enjoying the serene surroundings. The west façade features extensive stonework, creating a dignified look complemented by a charming covered porch. Inside, you'll find 4 bedrooms and 2.5 bathrooms, with upgrades throughout, including updated flooring and fresh paint. Whether relaxing indoors or taking in the beauty of the course, 525 Formby Lane offers ample space and style, inside and out. Don’t miss this opportunity to make this home yours. Contact our leasing agent for more information!



Experience modern living with this technologically advanced smart home, featuring intuitive automation, energy efficiency, and enhanced security, all seamlessly integrated for your convenience and peace of mind.



Professionally managed by Pathlight Property Management, the exclusive property manager for Home Partners of America, offering excellent customer service, 24/7 emergency maintenance service, online application and payments, and pet-friendly options. HOA occupancy restrictions may apply. The listing agent offers competitive rental co-broke commissions depending on the standard in the metropolitan area.



Once notified of approval you will be required to submit a security deposit equal to one month’s rent within 48 business hours to secure the home. Please reach out to the agent to view the home before applying or use our self-touring option if available.



To make managing utilities seamless, electricity, gas, sewer, trash, and water are maintained in the resident’s name. Some restrictions may apply, as certain providers may not allow residents to transfer specific utilities into their name. To better serve our residents, Pathlight is pet-friendly with no breed restrictions. The lease agreement outlines applicable pet fees. In most states, there is a one-time $300 non-refundable pet deposit and $30 monthly pet rent. Service and assistance animals are exempt from any restrictions or pet fees with proper documentation. If your home has a pool, there is a $225 monthly pool fee. To ensure the best care for your HVAC system and, in turn, the air quality in your home, Pathlight offers an optional $15 fee for bi-monthly filter service. Smart home technology is $24.95 month. Broker participation welcome, so please contact your leasing agent for more information. For additional information on our application process and lease fees, please visit our online help center. Advertised rental prices and promotions are subject to change at any time.



The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy. Any information of special interest should be verified with Pathlight Property Management.



**ALERT: If you see an ad for this home on Craigslist or Facebook Marketplace, please notify the listing agent. We do not advertise any of our homes on Craigslist or Facebook Marketplace and it is likely fraud.**

Last Agent to Rent the Property

Mark Mattison

INC Realty, LLC Brokerage Phone: 972-351-1095 License #0764222 Listed on: 09/04/2024

INC Realty, LLC

Last Renter's Agent

Mark Mattison

INC Realty, LLC Brokerage Phone: 972-351-1095 License #0764222 Listed on: 09/04/2024

INC Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • 6,098 Sq Ft Lot
  • On Golf Course
  • Aluminum or Metal Fence

Parking

  • 2-Car Garage with two garage doors
  • Front Facing Garage
  • On-Street Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,768 Sq Ft Home
  • 2-Story Property
  • Wired For A Flat Screen TV
  • Ceiling Fan
  • Decorative Lighting
  • Gas Log Fireplace
  • Brick Fireplace
  • Window Treatments
  • Park or Greenbelt Views

Kitchen

  • Plumbed For Gas In Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Home Security

  • Burglar Security System
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Schools

  • Scott Elementary School
  • Roach Middle School
  • Heritage High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Assured Property Management HOA, Phone Number (469) 480-8000
  • Fairways West At Westridge Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Residential Lease
  • Security Deposit $3,125
  • Tenant pays for all utilities
  • 12 Month Lease Term
  • $20 Application Fee
  • Legal Lot and Block 41 / B
  • Assessor Parcel Number R932700B04101

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

6,098 Sq Ft Lot

Parking

2

Rental Info

  • PetsAllowed: Yes
  • Deposit Amount: 3125
  • Pet Deposit: 300
  • Lease Conditions: Application Fee, Credit Report, References Required, Written Application (+)
  • Lease Term: 12 Months
  • Lease Type: Yearly
  • Monthly Pet Fee: 30
  • Number Of Pets Allowed: 3
  • Tenant Pays: All Utilities
  • App Fee Payable To: Pathlight Management
  • Application Fee: 20
  • Furnished YN: No

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structural Style: Single Detached
  • Unit Levels: Two
  • Restrictions: Deed, Other
  • Security: Burglar, Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s), Other
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Non Refundable Pet Fee Y N: Yes
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • App Fee Plus18 Yrs Y N: Yes
  • Horse Permitted Y N: No
  • Lake Pump Y N: No
  • Attribution Contact: 972-351-1095
  • Special Features: None
  • Year Built: 2008

Interior Features

  • Square Footage: 2768.00
  • Windows: Window Coverings
  • Fireplace Features: Brick, Gas Logs, Gas Starter, Other
  • Interior Amenities: Cable TV Available, Decorative Lighting, Flat Screen Wiring, High Speed Internet Available
  • Flooring: Carpet, Ceramic Tile, Other
  • Appliances: Dishwasher, Gas Cooktop, Gas Range, Gas Water Heater, Microwave, Plumbed For Gas in Kitchen, Other
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 2
  • Room Count: 9
  • Appliances: Yes

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: Metal
  • Roof: Composition
  • Soil Type: Black, Clay, Other
  • Exterior Features: Covered Patio/Porch, Rain Gutters, Lighting
  • Waterfront: No
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric, Zoned, Other
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Number Of Vehicles: 2
  • Parking Features: Garage, Garage Double Door, Garage Faces Front, On Street
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Natural Gas, Zoned, Other
  • Utilities: All Weather Road, City Sewer, City Water, Concrete, Curbs, Gravel/Rock, Individual Gas Meter, Individual Water Meter, Sidewalk, Other

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: Assured Property Management
  • HOA Management Company: 469-480-8000
  • Number Of Days Guests Allowed: 7

Schools

  • School District: Frisco ISD
  • Elementary School: Scott

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: On Golf Course, Park View, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 0.1400
  • Parcel Number: R932700B04101
  • Lot Size Acres: 0.1400
  • Lot Size Sq Ft: 6098.4000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2008
  • SeniorCommunityYN: No

Tax Info

  • TaxBlock: B
  • Tax Lot: 41

MLS Schools

  • Middle School Name: Roach
  • Elementary School Name: Scott
  • High School Name: Heritage

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2021
Closed on
Sep 8, 2021
Sold by
Bought by
Seller's Agent
Rick Baker
Coldwell Banker Apex, REALTORS
Buyer's Agent
Rick Baker
Coldwell Banker Apex, REALTORS
List Price
$450,000
Current Estimated Value
$516,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.96%
Original Mortgage
$408,600
Interest Rate
2.88%
Mortgage Type
Commercial

Purchase Details

Closed on
May 25, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,788
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2007
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- Alleigiance Title Co
-- Fatco
-- Fatco
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $408,600
Previous Owner $243,000
Previous Owner $216,788
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/20/2024 09/20/24 For Rent $3,045 0.0% --
09/14/2021 09/14/21 Sold -- -- -- View Prior Sale
08/16/2021 08/16/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $450,000 -- $163 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,232 $563,231 $155,250 $407,981
2024 $9,357 $571,320 $155,250 $404,645
2023 $9,357 $553,596 $141,750 $411,846
2022 $9,159 $481,044 $128,250 $352,794
2021 $7,648 $379,721 $94,500 $285,221
2020 $7,487 $354,833 $94,500 $260,333
2019 $7,883 $353,960 $94,500 $259,460
2018 $7,692 $338,539 $87,750 $250,789
2017 $7,322 $333,511 $87,750 $245,761
2016 $6,804 $311,401 $67,500 $243,901
2015 $5,464 $276,415 $67,500 $208,915
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20714542

North Texas Real Estate Information Systems (NTREIS)

APN: R-9327-00B-0410-1

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