NOT LISTED FOR SALE

525 Pettit Dr Newark, TX 76071

Estimated Value: $173,000 - $198,000

3 Beds
2 Baths
1,008 Sq Ft
$180/Sq Ft Est. Value

About This Home

As of February 2024

Totally remodeled and update 3 bedroom, 2 bath home with utility area with a washer and dryer, central air and heat, and all new lighting throughout this home. Home is immaculate and ready to move in. Large lot for the growing family and entertaining friends with those great cookouts. A must to see. Will not last long.

Last Agent to Rent the Property

Steven Sloan

Sloan & Sloan Properties Brokerage Phone: 817-706-4876 License #0438052 Listed on: 01/01/2024

Last Renter's Agent

Steven Sloan

Sloan & Sloan Properties Brokerage Phone: 817-706-4876 License #0438052 Listed on: 01/01/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,185

Year Built

  • Built in 1942

Lot Details

  • 0.3 Acre Lot

Parking

  • Gravel Driveway

Home Design

  • Pillar, Post or Pier Foundation
  • Asphalt Roof

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property

Flooring

  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Sevenhills Elementary School
  • Chisholmtr Middle School
  • Northwest High School

Community Details

  • Newark Beach Estates Subdivision
  • Property managed by Mike and Connie Washburn

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,600
  • Tenant pays for all utilities
  • 12 Month Lease Term
  • $60 Application Fee
  • Legal Lot and Block 13 / 8
  • Assessor Parcel Number R1970050900

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,185

Year Built

Built in 1942

Lot Details

0

Rental Info

  • PetsAllowed: Yes, Breed Restrictions, Number Limit, Size Limit
  • Deposit Amount: 1600
  • Pet Deposit: 500
  • Lease Conditions: Application Fee, Credit Report, References Required, Written Application (+)
  • Lease Term: 12 Months
  • Lease Type: Yearly
  • Tenant Pays: All Utilities
  • App Fee Payable To: Sloan and Sloan Properties
  • Application Fee: 60

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Structural Style: Single Detached
  • Unit Levels: One
  • Restrictions: No Smoking, Unknown Encumbrance(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Notice Surveillance Devices Pres: None
  • Property Managed By: Mike and Connie Washburn
  • Will Subdivide: No
  • Attribution Contact: 817-706-4876
  • Special Features: None
  • Year Built: 1942

Interior Features

  • Square Footage: 1008.00
  • Flooring: Ceramic Tile, Luxury Vinyl Plank
  • Appliances: Refrigerator
  • Basement YN: No
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 8
  • Appliances: Yes

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Roof: Asphalt
  • Soil Type: Unknown

Garage/Parking

  • Parking Features: Driveway, Gravel
  • GarageYN: No

Utilities

  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Northwest ISD
  • Elementary School: Sevenhills
  • Middle School: Chisholmtr
  • High School: Northwest
  • School District: Northwest ISD
  • Elementary School: Sevenhills

Lot Info

  • PropertyAttachedYN: No
  • Lot Size Units: Acres
  • Lot Size Area: 0.3010
  • Parcel Number: R1970050900
  • Lot Size Acres: 0.3010
  • Lot Size Sq Ft: 13111.5600

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1942

Tax Info

  • TaxBlock: 8
  • Tax Lot: 13

MLS Schools

  • Middle School Name: Chisholmtr
  • Elementary School Name: Sevenhills
  • High School Name: Northwest

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2021
Sold by
Knabe Real Estate Solo 401K Trust
Bought by
Harris Douglas C and Harris Vickie L
Current Estimated Value
$181,329

Purchase Details

Closed on
Dec 23, 2015
Sold by
Gary John
Bought by
Knabe Real Estate Solo 401K Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.97%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 1, 2015
Sold by
Gary John
Bought by
Gary John

Purchase Details

Closed on
Oct 9, 2009
Sold by
Fisher David and Fisher Tina
Bought by
Knabe Real Estate Solo 401K Trust

Purchase Details

Closed on
Mar 1, 2007
Sold by
Stallings Jackie and Stallings Delores
Bought by
Fisher David and Fisher Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000
Interest Rate
6.24%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 2, 1996
Bought by
Knabe Real Estate Solo 401K Trust

Purchase Details

Closed on
Mar 25, 1996
Bought by
Knabe Real Estate Solo 401K Trust

Purchase Details

Closed on
Jan 1, 1901
Bought by
Knabe Real Estate Solo 401K Trust
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
Harris Douglas C -- None Available
Knabe Real Estate Solo 401K Trust -- None Available
Gary John -- None Available
Knabe Real Estate Solo 401K Trust -- --
Fisher David $12,000 --
Knabe Real Estate Solo 401K Trust -- --
Knabe Real Estate Solo 401K Trust -- --
Knabe Real Estate Solo 401K Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Knabe Real Estate Solo 401K Trust $70,000
Previous Owner Knabe Re 401K Trust $0
Previous Owner Fisher David $12,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Rented $1,600 0.0% --
02/06/2024 02/06/24 Under Contract -- -- --
01/01/2024 01/01/24 Price Changed $1,600 -1.5% $2 / Sq Ft
01/01/2024 01/01/24 For Rent $1,625 -- --
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 $1,185 $165,565 $52,369 $113,196
2023 $2,527 $142,048 $52,369 $89,679
2022 $2,279 $103,765 $25,585 $78,180
2021 $1,977 $82,540 $16,560 $65,980
2020 $1,863 $77,630 $16,560 $61,070
2019 $1,732 $69,830 $11,430 $58,400
2018 $1,455 $58,320 $8,420 $49,900
2017 $1,372 $55,010 $8,420 $46,590
2016 $795 $55,010 $8,420 $46,590
2015 -- $32,350 $8,420 $23,930
2014 -- $30,950 $6,560 $24,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20502571

North Texas Real Estate Information Systems (NTREIS)

APN: R1970050900