NOT LISTED FOR SALE

Estimated Value: $191,961 - $231,000

2.31 Acres
$92,202 Price per Acre
100,624 Sq Ft Lot

Last Sold August 07, 2020

Last sale price $119,950

Est. 78% increase in value since last sale

Current estimated payment $1,360/month

Highlights

  • Lake Front
  • Boating
  • 2.31 Acre Lot
  • Eastside High School Rated A-
  • Fishing
  • Community Lake

About This Lot

As of August 2020

SOUGHT AFTER EXCLUSIVE LAKE FRONT PROPERTY LOCATED ON 850 ACRE LAKE VARNER. THIS PROPERTY HAS AN EXCEPTIONAL VIEW AND A 226' WATER FRONTAGE THAT YOU HAVE TO SEE TO APPRECIATE THE TERRAIN. MOTORIZED BOATS ARE ALLOWED AND THE LAKE HAS POPULAR FISH SUCH AS LARGE-MOUTH BASS, STRIPED BASS AND BLACK & WHITE CRAPPIE. PROPERTY IS READY TO BUILD YOUR LAKE HOME WITH ALL THE UTILITIES AVAILABLE. ONLY 6 MILES FROM INTERSTATE 20.

Last Agent to Sell the Property

Joyce W. Turner

BHGRE Metro Brokers License #168474 Listed on: 07/12/2019

BHGRE Metro Brokers

Last Buyer's Agent

Joe Stockdale

Joe Stockdale Real Estate, LLC License #345446

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,225

Lot Details

  • 2.31 Acre Lot
  • Lot Dimensions are 140x742x226x581
  • Lake Front
  • Property fronts a private road
  • Level Lot
  • Open Lot
  • Cleared Lot

HOA Fees

  • $33 Monthly HOA Fees

Schools

  • Flint Hill Elementary School
  • Cousins Middle School
  • Eastside High School

Additional Features

  • Lake Views
  • Underground Utilities

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 0095B00000005000

Community Details

Overview

  • Waters Edge On Lake Varner Subdivision
  • Community Lake

Recreation

  • Boating
  • Fishing

Property Details

Property Type

Land

Est. Annual Taxes

$1,225

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Land
  • MLS Status: Closed
  • Current Classification: Developed/Zoned Residential
  • Property Condition: Resale
  • Special Features: None
  • Property Sub Type: LotsLands

Property Details

  • Property: Res Developed Lots

Exterior Features

  • View: Lake

Utilities

  • Utilities: Underground Utilities

Condo/Co-op/Association

  • Community Features: Boating, Fishing, Homeowners Assoc, Lake
  • Association Fee: 400
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Waters Edge On Lake Varner

Schools

  • Elementary School: Flint Hill
  • Middle School: Cousins
  • High School: Eastside

Lot Info

  • Acres: 2.3100
  • Lot: 5
  • Land/Lot: 351
  • Possible Use: Residential
  • Current Zoning: R
  • Deed Book: 2288
  • Deed Page: 541
  • Plat Book: 44
  • Plat Page: 103
  • Current Use: Residential
  • Lot Features: Curbs & Gutters, Level, Rolling Slope, Street Lights
  • Lot Dimensions: 140x742x226x581
  • Parcel Number: 0095B00000005000
  • Price Acre Dollar: 51926.41
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Taxes: 1225.00
  • Assessor Parcel Number: 0095B00000005000
  • Close Date: 2020-08-07
  • Tax Year: 2017

Multi Family

  • Waterfront Features: Lake, Lake Front

MLS Schools

  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Flint Hill
  • High School: Eastside
  • Middle School: Cousins

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2019
Closed on
Aug 7, 2020
Sold by
Waddell A Maurice
Bought by
Power Ralph D and Power Tracy L
Seller's Agent
Joyce W. Turner
BHGRE Metro Brokers
Buyer's Agent
Joe Stockdale
Joe Stockdale Real Estate, LLC
List Price
$135,900
Sold Price
$119,950
Premium/Discount to List
-$15,950
-11.74%
Current Estimated Value
$212,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,037
Avg. Annual Appreciation
9.24%
Original Mortgage
$75,000
Outstanding Balance
$54,018
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$135,030

Purchase Details

Closed on
Sep 29, 2006
Sold by
Waddell A Maurice
Bought by
Waddell A Maurice and Waddell Sylvia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,100
Interest Rate
6.48%
Mortgage Type
New Conventional
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
Power Ralph D $120,000 --
Waddell A Maurice -- --
Waddell A Maurice $199,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Power Ralph D $75,000
Previous Owner Waddell A Maurice $179,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $119,950 -11.7% --
06/15/2020 06/15/20 Pending -- -- --
07/12/2019 07/12/19 For Sale $135,900 -- --
Source: First Multiple Listing Service (FMLS)

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 $2,368 $90,000 $90,000 $0
2023 $1,264 $43,320 $43,320 $0
2022 $1,264 $43,320 $43,320 $0
2021 $1,402 $43,320 $43,320 $0
2020 $1,371 $40,800 $40,800 $0
2019 $1,392 $40,800 $40,800 $0
2018 $700 $40,800 $40,800 $0
2017 $1,225 $35,680 $35,680 $0
2016 $1,030 $30,000 $30,000 $0
2015 $569 $14,000 $14,000 $0
2014 $567 $14,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6584768

First Multiple Listing Service (FMLS)

APN: 0095B00000005000