NOT LISTED FOR SALE

5316 W Cove Way Grand Prairie, TX 75052

Lake Parks Neighborhood

Estimated Value: $512,000 - $561,000

6 Beds
4 Baths
4,442 Sq Ft
$121/Sq Ft Est. Value

Last Sold May 15, 2024

Current estimated payment $3,643/month

12 Days on Market

Highlights

  • Vaulted Ceiling
  • Community Pool
  • Ceramic Tile Flooring
  • James Coble Middle School Rated A-
  • 2-Car Garage with one garage door
  • Forced Air Zoned Heating and Cooling System

About This Home

As of May 2024

Beautiful large home has all !! 6bedrooms,4 living area, media room or game room 4 full baths. Master and guest room are downstairs with full 2baths Kitchen with Stone or Granite countertops, an island, newly installed all appliances.New floor throughout !! This home is ideal for large family or a multi-generational family with lots of living area for family's needs.Come see this incredible buy !!Agent or buyer to verify all information including but not limited measurement and schools information

Last Agent to Sell the Property

Sunny Lee

The Michael Group Brokerage Phone: 214-435-3307 License #0349313 Listed on: 04/09/2024

The Michael Group

Last Buyer's Agent

Marty McClendon

HomeSmart License #0804082

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,684

Year Built

  • Built in 2005

Lot Details

  • 8,407 Sq Ft Lot
  • Wood Fence

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 2-Car Garage with one garage door

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 4,442 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Decorative Lighting
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Window Treatments
  • Prewired Security
  • Full Size Washer or Dryer

Kitchen

  • Electric Oven
  • Plumbed For Gas In Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Schools

  • Jones Elementary And Middle School
  • Timberview High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cooling System Powered By Gas
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 9 / 7
  • Assessor Parcel Number 40764737

Community Details

Overview

  • Association fees include management fees
  • Vcm HOA, Phone Number (972) 612-2303
  • Lake Parks West Subdivision
  • Mandatory home owners association

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,684

Year Built

Built in 2005

Lot Details

0

HOA Fees

$30 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structural Style: Single Detached
  • Unit Levels: Two
  • Security: Prewired, Other
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Horse Permitted Y N: No
  • Attribution Contact: 214-435-3307
  • Special Features: None
  • Year Built: 2005

Interior Features

  • Square Footage: 4442.00
  • Windows: Window Coverings
  • Fireplace Features: Gas Starter, Wood Burning
  • Interior Amenities: Decorative Lighting, Vaulted Ceiling(s)
  • Flooring: Ceramic Tile, Laminate
  • Appliances: Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Gas in Kitchen
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 4
  • Room Count: 9

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 6

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Community Features: Community Pool
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Brick

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Gas, Zoned
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: Garage Single Door
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Zoned
  • LaundryFeatures: Full Size W/D Area
  • Utilities: City Sewer, City Water, Concrete, Curbs

Condo/Co-op/Association

  • HOA Fee Includes: Management Fees
  • Association Fee: 360
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: VCM
  • HOA Management Company: 972 612 2303

Schools

  • School District: Mansfield ISD
  • Elementary School: Jones
  • Middle School: Jones
  • High School: Timberview
  • School District: Mansfield ISD
  • Elementary School: Jones

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Units: Acres
  • Lot Size Area: 0.1930
  • Parcel Number: 40764737
  • Lot Size Acres: 0.1930
  • Lot Size Sq Ft: 8407.0800

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2005

Tax Info

  • Special Taxing Entities: No
  • TaxBlock: 7
  • Tax Lot: 9

MLS Schools

  • Middle School Name: Jones
  • Elementary School Name: Jones
  • High School Name: Timberview

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
May 15, 2024
Sold by
Kim Yong Woon
Bought by
Salami Olusegun Olayinka and Awotoye Olugbenga Olusegun
Seller's Agent
Sunny Lee
The Michael Group
Buyer's Agent
Marty McClendon
HomeSmart
List Price
$546,366
Views
31
Current Estimated Value
$530,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.85%
Original Mortgage
$378,000
Outstanding Balance
$374,367
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$152,431

Purchase Details

Closed on
May 13, 2008
Sold by
Boxdell Kori
Bought by
Kim Yong Woon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,600
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 2005
Sold by
First Texas Homes Inc
Bought by
Boxdell Kori L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac
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
Salami Olusegun Olayinka -- First American Title Insurance
Kim Yong Woon -- Alamo Title Flower Mound
Boxdell Kori L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salami Olusegun Olayinka $378,000
Closed Kim Yong Woon $37,000
Previous Owner Kim Yong Woon $173,600
Previous Owner Boxdell Kori L $189,000
Previous Owner Boxdell Kori L $47,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold -- -- --
04/22/2024 04/22/24 Pending -- -- --
04/09/2024 04/09/24 For Sale $546,366 -- $123 / 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 $8,684 $533,000 $70,000 $463,000
2023 $13,672 $591,761 $70,000 $521,761
2022 $12,019 $467,083 $70,000 $397,083
2021 $10,161 $375,641 $70,000 $305,641
2020 $9,181 $337,694 $70,000 $267,694
2019 $10,469 $373,293 $70,000 $303,293
2018 $7,303 $342,147 $60,000 $282,147
2017 $9,181 $327,103 $35,000 $292,103
2016 $9,096 $324,074 $35,000 $289,074
2015 $7,050 $284,708 $35,000 $249,708
2014 $7,050 $239,100 $35,000 $204,100
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Sunny Lee

    The Michael Group

    (469) 449-7190

    1 in this area

    22 Total Sales

    Section Image
  • Marty McClendon

    Buyer's Agent in 2024

    Marty McClendon

    HomeSmart

    (206) 818-4308

    1 in this area

    8 Total Sales

    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20582624

North Texas Real Estate Information Systems (NTREIS)

APN: 40764737

Texas Tarrant County Grand Prairie 75052 Lake Parks

5316 W Cove Way, Grand Prairie, TX

This home is located at 5316 W Cove Way, Grand Prairie, TX 75052 since 09 April 2024 and is currently estimated at $538,022, approximately $121 per square foot. This property was built in 2005. 5316 W Cove Way is a home located in Tarrant County with nearby schools including Louise Cabaniss Elementary School, James Coble Middle School, and Della Icenhower Intermediate School.

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.

North Texas Real Estate Information Systems (NTREIS) Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved

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