NOT LISTED FOR SALE

725 Magnolia Trail Desoto, TX 75115

Estimated Value: $357,000 - $399,000

5 Beds
3.5 Baths
3,437 Sq Ft
$111/Sq Ft Est. Value

Last Sold May 15, 2023

Current estimated payment $2,847/month

5 Days on Market

Highlights

  • Vaulted Ceiling
  • Corner Lot
  • Walk-In Closet
  • Traditional Architecture
  • 2 Car Attached Garage
  • Burglar Security System

About This Home

As of May 2023

Buyer's couldn't qualify so their loss is your gain! Spacious five bedroom three bath home on corner lot in Candle Meadow. Three living areas, two downstairs and one upstairs. Two dining areas and kitchen with island-breakfast bar combo, gas range, built in microwave and plenty of storage space. Master suite is downstairs and has ensuite bath featuring separate vanities, jetted garden tub, separate shower and walkin closet. Other four bedrooms are upstairs and are all good sized. Home features an open floorplan, vaulted ceilings and decorative lighting. Fenced backyard with open patio and storage building. Two car garage. AC units replace in last 3 years. Convenient location! This is a must see!

Last Agent to Sell the Property

Ray Bobo

Keller Williams Lonestar DFW License #0357213 Listed on: 04/06/2023

Keller Williams Lonestar DFW

Last Buyer's Agent

Deonn Cole

Keller Williams Realty License #0515283

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,385

Year Built

  • Built in 2005

Lot Details

  • 8,364 Sq Ft Lot
  • Wood Fence
  • Corner Lot
  • Sprinkler System
  • Few Trees

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 3,437 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Chandelier
  • Decorative Lighting
  • Gas Log Fireplace
  • Living Room with Fireplace

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Home Security

  • Burglar Security System
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Storage
  • Rain Gutters

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Association fees include full use of facilities, ground maintenance
  • Candle Meadow Hoa, Goodwin & Company HOA, Phone Number (214) 445-2700
  • Candle Meadow Ph 01 Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Legal Lot and Block 13 / P
  • Assessor Parcel Number 200149100P0130000
  • $8,494 per year unexempt tax

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,385

Year Built

Built in 2005

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structural Style: Single Detached
  • Unit Levels: Two
  • Security: Burglar, 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
  • Attribution Contact: 817-795-2500
  • Special Features: None
  • Year Built: 2005

Interior Features

  • Square Footage: 3437.00
  • Fireplace Features: Gas, Gas Logs, Gas Starter, Living Room
  • Interior Amenities: Cable TV Available, Chandelier, Decorative Lighting, Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 3
  • Room Count: 12

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Brick, Siding
  • Exterior Features: Rain Gutters, Storage

Garage/Parking

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

Utilities

  • Heating: Central, Natural Gas, Zoned
  • Utilities: City Sewer, City Water, Sidewalk, Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Full Use of Facilities, Maintenance Grounds
  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: Candle Meadow HOA, Goodwin & Company
  • HOA Management Company: 214-445-2700

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Corner Lot, Few Trees, Sprinkler System, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 0.1920
  • Parcel Number: 200149100P0130000
  • Lot Size Acres: 0.1920
  • Lot Size Sq Ft: 8363.5200

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2005

Tax Info

  • Unexempt Taxes: 8494
  • TaxBlock: P
  • Tax Lot: 13

MLS Schools

  • 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
Apr 6, 2023
Closed on
May 15, 2023
Sold by
Owens Harold J
Bought by
Barnes Hamilton Jennifer and Barnes Alan Hamilton
Seller's Agent
Ray Bobo
Keller Williams Lonestar DFW
Buyer's Agent
Deonn Cole
Keller Williams Realty
List Price
$369,900
Views
88
Current Estimated Value
$374,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.40%
Original Mortgage
$348,570
Outstanding Balance
$339,437
Interest Rate
6.28%
Mortgage Type
FHA
Estimated Equity
$43,048

Purchase Details

Closed on
Apr 12, 2005
Sold by
Legacy/Monterey Homes Lp
Bought by
Owens Harold J and Owens Chirrisse B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,800
Interest Rate
5.78%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 4, 2003
Sold by
Cmd Ltd
Bought by
Legacy/Monterey Homes Lp
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Barnes Hamilton Jennifer -- Capital Title
Owens Harold J -- Stnt
Legacy/Monterey Homes Lp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnes Hamilton Jennifer $18,130
Open Barnes Hamilton Jennifer $348,570
Previous Owner Owens Harold J $152,800
Closed Owens Harold J $28,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold -- -- --
04/11/2023 04/11/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $369,900 -- $108 / 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
2025 $9,385 $368,240 $80,000 $288,240
2024 $9,385 $368,240 $80,000 $288,240
2023 $9,385 $429,020 $80,000 $349,020
2022 $9,120 $362,010 $65,000 $297,010
2021 $8,494 $313,820 $55,000 $258,820
2020 $7,890 $274,880 $50,000 $224,880
2019 $7,691 $268,160 $45,000 $223,160
2018 $7,741 $268,160 $45,000 $223,160
2017 $6,587 $230,360 $35,000 $195,360
2016 $5,667 $198,180 $35,000 $163,180
2015 $4,993 $184,390 $35,000 $149,390
2014 $4,993 $171,280 $35,000 $136,280
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20297742

North Texas Real Estate Information Systems (NTREIS)

APN: 200149100P0130000