NOT LISTED FOR SALE

703 Placid Lake Ln Magnolia, TX 77354

Estimated Value: $591,000 - $724,369

3 Beds
2 Baths
1,784 Sq Ft
$376/Sq Ft Est. Value

Last Sold May 16, 2022

Current estimated payment $4,504/month

65 Days on Market

Highlights

  • Water Views
  • Greenhouse
  • Deck
  • Willie E. Williams Elementary School Rated A-
  • Home fronts a pond
  • Wooded Lot

About This Home

As of May 2022

ENJOY COUNTRY LIVING ON ALMOST 7 ACRES IN THE HEART OF MAGNOLIA...3 BEDROOM, 2 BATH HOME WITH FORMAL DINING THAT COULD ALSO BE A SPACIOUS STUDY...OVERSIZED 2 CAR GARAGE WITH WORKSHOP AND EXTRA CLOSED-IN OFFICE SPACE WITH A/C PLUS 20'X24' CARPORT...KITCHEN HAS MARBLE COUNTERTOPS WITH TILE BACKSPLASH, DOUBLE OVEN AND ELECTRIC COOKTOP...HOME ALSO FEATURES GAS FIREPLACE IN FAMILY ROOM, NEW CERAMIC TILE AND LAMINATE FLOORING THROUGHOUT, DOUBLE PANE WINDOWS, UPDATED MASTER BATH WITH WALK-IN SHOWER, FRESH PAINT, FRENCH DOORS, RECESSED LIGHTING, COVER PATIO, STORM DOORS AND MORE..THIS CORNER PROPERTY IS ON QUIET DEAD-END ROAD WITH WELL AND CITY WATER, STOCKED POND WITH FISHING PIER, CROSS FENCING, MATURE TREES, NATURAL TRAILS AND WOODEN BRIDGES FOR PEACEFUL WALKS IN THE EVENING, OPEN SHELTERS FOR EASY FEEDING OR PETTING AREAS, LARGE GATES TO BACK PASTURE AND CIRCLE DRIVE...COME SEE FOR YOURSELF...WASHER, DRYER AND REFRIGERATOR INCLUDED...PROPERTY IS MADE UP OF 5 SEPERATE LOTS....CALL TODAY!

Last Agent to Sell the Property

Jeffrey Kastendieck

eXp Realty LLC License #0680405 Listed on: 01/07/2022

eXp Realty LLC

Last Buyer's Agent

Jeffrey Kastendieck

eXp Realty LLC License #0680405 Listed on: 01/07/2022

eXp Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,119

Year Built

  • Built in 1969

Lot Details

  • 7 Acre Lot
  • Home fronts a pond
  • Back Yard Fenced
  • Cleared Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • 2 Carport Spaces

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,784 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Water Views
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Oven
  • Electric Cooktop

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Greenhouse
  • Separate Outdoor Workshop
  • Shed

Schools

  • Willie E. Williams Elementary School
  • Magnolia Junior High School
  • Magnolia West High School

Utilities

  • Central Air
  • Heating System Uses Propane

Community Details

  • Dogwood Patches 02 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,119

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Year Built: 1969
  • Lot Size Acres: 7.0
  • Subdivision Name: Dogwood Patches 02
  • Architectural Style: Traditional
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48339:4040-02-01300
  • Special Features: None

Interior Features

  • Appliances: Electric Cooktop, Electric Oven
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 1784.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Seller Disclosure
  • Roof: Composition
  • Fencing: Back Yard, Partial
  • Lot Features: Cleared, Views, Wooded
  • Pool Private: No
  • View: Water
  • View: Yes
  • Waterfront Features: Pond
  • Construction Type: Brick, Wood Siding
  • Exterior Features: Covered Patio, Fence, Patio, Storage
  • Foundation Details: Slab
  • Other Structures: Greenhouse, Shed(s), Workshop
  • Patio And Porch Features: Covered, Deck, Patio

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached Carport, Detached Carport, Detached, Garage

Utilities

  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Propane
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: WILLIE E. WILLIAMS ELEMENTARY SCHOOL
  • Junior High Dist: 36 - Magnolia
  • High School: MAGNOLIA WEST HIGH SCHOOL
  • Middle Or Junior School: MAGNOLIA JUNIOR HIGH SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 10119.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2022
Closed on
May 17, 2022
Sold by
Stracoa Llc
Bought by
Kagarlitsky Roman and Kagarlitsky Valentina
Seller's Agent
Jeffrey Kastendieck
eXp Realty LLC
Buyer's Agent
Jeffrey Kastendieck
eXp Realty LLC
List Price
$674,990
Current Estimated Value
$670,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.21%
Original Mortgage
$480,000
Outstanding Balance
$444,484
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$226,108

Purchase Details

Listed on
Jan 7, 2022
Closed on
May 16, 2022
Sold by
Stracoa Llc
Bought by
Kagarlitsky Roman and Kagarlitsky Valentina
Seller's Agent
Jeffrey Kastendieck
eXp Realty LLC
Buyer's Agent
Jeffrey Kastendieck
eXp Realty LLC
List Price
$674,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$444,484
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$226,108

Purchase Details

Closed on
Sep 3, 2020
Sold by
Inspire Me Properties Llc
Bought by
Stracoa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,400
Interest Rate
3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 14, 2015
Sold by
Stout Dale D and Stout Janina R
Bought by
Inspire Me Properties Llc

Purchase Details

Closed on
Jun 30, 2006
Sold by
Day Paul and Day Samantha
Bought by
Inspire Me Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,653
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2003
Sold by
Hardee Texstar Homes Inc
Bought by
Cruz Charles P and Leigh Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,250
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2003
Sold by
Dyer Dorothy M and Dyer Tony
Bought by
Day Paul E and Day Samantha A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,250
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 16, 2001
Sold by
Winters Lisa E
Bought by
Reistino Dee Ann

Purchase Details

Closed on
Mar 28, 2000
Sold by
Dyer Tony and Dyer Evelynn Elaine Laird
Bought by
Winters Lisa E

Purchase Details

Closed on
Mar 29, 1991
Sold by
Dyer Tony
Bought by
Inspire Me Properties Llc
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

Date Buyer Sale Price Title Company
Kagarlitsky Roman $480,000 Chicago Title Company
Kagarlitsky Roman $480,000 Chicago Title Company
Stracoa Llc $545,832 Stewart Title
Inspire Me Properties Llc -- Great American Title
Inspire Me Properties Llc -- --
Stout Dale D -- Stewart Title Houston Div
Cruz Charles P -- --
Day Paul E -- Chicago Title
Reistino Dee Ann -- --
Winters Lisa E -- --
Inspire Me Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kagarlitsky Roman $480,000
Closed Kagarlitsky Roman $480,000
Previous Owner Stracoa Llc $410,400
Previous Owner Stout Dale D $169,653
Previous Owner Cruz Charles P $209,250
Previous Owner Day Paul E $122,400
Closed Day Paul E $22,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2024 08/18/24 Off Market $2,600 -- --
05/16/2022 05/16/22 Sold -- -- --
03/13/2022 03/13/22 Pending -- -- --
01/07/2022 01/07/22 For Sale $674,990 0.0% $378 / Sq Ft
06/27/2019 06/27/19 Rented $2,600 -13.3% --
06/04/2019 06/04/19 For Rent $3,000 +15.4% --
06/04/2019 06/04/19 Rented $2,600 -- --
Source: Houston Association of REALTORS®

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
2025 $11,540 $663,714 $420,000 $243,714
2024 $11,797 $629,219 $420,000 $209,219
2023 $11,797 $629,700 $420,000 $209,700
2022 $15,226 $711,540 $420,000 $291,540
2021 $9,446 $417,270 $189,000 $228,270
2020 $10,077 $405,000 $189,000 $216,000
2019 $10,004 $403,170 $189,000 $214,170
2018 $10,664 $413,100 $0 $0
2017 $8,502 $329,100 $115,500 $213,600
2016 $8,444 $326,840 $115,500 $211,340
2015 $3,858 $208,700 $0 $0
2014 $3,858 $189,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Bobby Leonhardt

    Bob Leonhardt Realty, LLC

    (281) 550-0550

    63 Total Sales

    Bobby Leonhardt
    Section Image

  • K

    Buyer's Agent in 2019

    Kristine Hardin

    Texas United Realty

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Map

Source: Houston Association of REALTORS®

MLS Number: 63627982

Houston Association of REALTORS®

APN: 4040-02-01300

Texas Montgomery County Magnolia 77354

703 Placid Lake Ln, Magnolia, TX

Not Listed for Sale

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