NOT LISTED FOR SALE

525 Magnolia Trail Desoto, TX 75115

Estimated Value: $411,000 - $413,565

4 Beds
3.5 Baths
3,490 Sq Ft
$118/Sq Ft Est. Value

Last Sold September 22, 2021

Current estimated payment $2,400/month

5 Days on Market

Highlights

  • Solar Power System
  • Private Yard
  • Bay Window
  • Deck
  • 2-Car Garage with one garage door
  • Patio

About This Home

As of September 2021

MULTIPLE OFFERS RECEIVED. Congratulations, you just found your dream home! This beautiful home features TWO MASTER BEDROOMS, one downstairs and one upstairs! The windows as well as the garage has solar screen coverings which provide daytime privacy where you can see out but no one can see inside. As you walk outside, you are met with an extended patio with a separate enclosed private area. You will also find a shed that can be used as a MANCAVE or for whatever your heart desires in this huge backyard. There are so many fabulous attributes from the theatre room to the game room to the outside backyard area, you will never have to leave this gorgeous home to seek entertainment! ROOF REPLACED in 2020

Last Agent to Sell the Property

Benita Spears

TDRealty License #0651677 Listed on: 08/11/2021

TDRealty

Last Buyer's Agent

Jasmine Thornton

Monument Realty License #0709650

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,152

Year Built

  • Built in 2003

Lot Details

  • 6,621 Sq Ft Lot
  • Few Trees
  • Private Yard

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2-Car Garage with one garage door
  • 2 Carport Spaces

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,490 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Bay Window
  • Carpet

Kitchen

  • Gas Oven or Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Doors
  • Solar Power System

Outdoor Features

  • Deck
  • Patio

Schools

  • Cockrell Hill Elementary School
  • Desoto West Middle School
  • Desoto High School

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 23 / C
  • Assessor Parcel Number 200149100C0230000
  • $8,011 per year unexempt tax

Community Details

Overview

  • Association fees include maintenance structure, management fees
  • Goodwin Harrison Management HOA, Phone Number (214) 445-2738
  • Candle Meadow Ph 01 Subdivision
  • Mandatory home owners association

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,152

Year Built

Built in 2003

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structural Style: Single Detached
  • Unit Levels: Two
  • Security: Security Service, Security System, Smoke Detector(s)
  • 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: 104.58453
  • Special Features: None
  • Year Built: 2003

Interior Features

  • Square Footage: 3490.00
  • Windows: Bay Window(s)
  • Fireplace Features: Gas Logs
  • Interior Amenities: Cable TV Available, High Speed Internet Available
  • Flooring: Carpet
  • Appliances: Dishwasher, Disposal, Gas Oven, Microwave, Plumbed for Ice Maker, Refrigerator
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 14

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Composition
  • Soil Type: Unknown
  • Construction Materials: Brick
  • Exterior Features: Private Yard
  • Waterfront: No
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Garage Spaces: 2
  • Carport Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: 2-Car Single Doors, Covered, Garage
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric
  • Utilities: City Sewer, City Water, Concrete, Curbs, Individual Gas Meter, Individual Water Meter

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Management Fees
  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: Goodwin Harrison Management
  • HOA Management Company: 214-445-2738

Schools

  • School District: Desoto ISD
  • Elementary School: Cockrell Hill
  • Middle School: Desoto West
  • High School: Desoto
  • School District: Desoto ISD
  • Elementary School: Cockrell Hill
  • Junior High School: Young
  • High School: Desoto

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Few Trees, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 0.1520
  • Parcel Number: 200149100C0230000
  • Lot Size Acres: 0.1520
  • Lot Size Sq Ft: 6621.1200

Green Features

  • Efficiency: Appliances, Doors
  • GreenEnergyGeneration: Solar
  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2003
  • SeniorCommunityYN: No

Tax Info

  • Unexempt Taxes: 8011
  • TaxBlock: C
  • Tax Lot: 23

MLS Schools

  • MiddleOrJuniorSchool: Young
  • Middle School Name: Desoto West
  • Elementary School Name: Cockrell Hill
  • High School Name: Desoto

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Sep 22, 2021
Sold by
Scott Paula
Bought by
Jones Alonzo and Jones Kathy D
Seller's Agent
Benita Spears
TDRealty
Buyer's Agent
Jasmine Thornton
Monument Realty
List Price
$340,000
Current Estimated Value
$411,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.32%
Original Mortgage
$365,000
Outstanding Balance
$334,287
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$77,604

Purchase Details

Closed on
Feb 6, 2021
Sold by
Scott Paula and Scott Clifford
Bought by
Scott Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,800
Interest Rate
2.73%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 24, 2004
Sold by
London Paula
Bought by
Scott Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,200
Interest Rate
5.97%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 16, 2003
Sold by
Legacy/Monterey Homes Lp
Bought by
Scott Clifford and London Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,400
Interest Rate
5.56%
Mortgage Type
Unknown
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
Jones Alonzo -- Capital Title
Scott Paula -- Amrock
Scott Paula -- --
Scott Clifford -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Alonzo $365,000
Previous Owner London Scott Paula $87,800
Previous Owner Scott Paula $87,800
Previous Owner Scott Clifford $7,404
Previous Owner Scott Clifford $209,600
Previous Owner Scott Paula $203,200
Previous Owner Scott Clifford $180,400
Previous Owner Scott Clifford $180,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2021 09/22/21 Sold -- -- --
08/16/2021 08/16/21 Pending -- -- --
08/12/2021 08/12/21 Price Changed $350,000 +2.9% $100 / Sq Ft
08/11/2021 08/11/21 For Sale $340,000 -- $97 / 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
2024 $1,152 $434,090 $80,000 $354,090
2023 $1,152 $437,490 $80,000 $357,490
2022 $9,316 $369,790 $65,000 $304,790
2021 $8,625 $318,650 $55,000 $263,650
2020 $8,011 $279,070 $50,000 $229,070
2019 $7,426 $258,950 $45,000 $213,950
2018 $7,475 $258,950 $45,000 $213,950
2017 $6,254 $218,690 $35,000 $183,690
2016 $5,663 $198,030 $35,000 $163,030
2015 $4,758 $184,250 $35,000 $149,250
2014 $4,758 $163,580 $35,000 $128,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14645780

North Texas Real Estate Information Systems (NTREIS)

APN: 200149100C0230000