NOT LISTED FOR SALE

950 Magnolia Ln Lancaster, TX 75146

Estimated Value: $242,000 - $268,000

3 Beds
2 Baths
1,877 Sq Ft
$138/Sq Ft Est. Value

Last Sold September 26, 2018

Current estimated payment $1,800/month

6 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Attached Garage
  • 1-Story Property
  • Corner Lot
  • Burglar Security System
  • Central Heating and Cooling System

About This Home

As of September 2018

Beautiful Corner lot Home! Gorgeous wood laminate in family room, master bedroom, and secondary bedrooms. Interior stylish paint. Very Large and open family room includes stone fireplace, hearth, and gas logs. Kitchen features granite counters, tile backsplash with accent inserts, and double ovens. Spacious master bedroom fits king size furniture. Master bath updated with newer vanity and enlarged shower. Tile updated in secondary bath room. Flex room is perfect for home office or hobby space. This home is a must see!

Last Agent to Sell the Property

Leonard McManaman

Keller Williams Frisco Stars License #0621656 Listed on: 08/01/2018

Keller Williams Frisco Stars

Last Buyer's Agent

Steven Kubalik

JPAR Arlington License #0616175

JPAR Arlington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,201

Year Built

  • Built in 1965

Lot Details

  • 9,975 Sq Ft Lot
  • Wood Fence
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 1,877 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Laminate Flooring
  • Burglar Security System

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Rosa Parks-Millbrook Elementary School
  • Lancaster Middle School
  • Lancaster High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • Lancaster Park 02 Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / D
  • Assessor Parcel Number 36056500040010000
  • $4,068 per year unexempt tax

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,201

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structural Style: Single Detached
  • Unit Levels: One
  • Security: Burglar, Security System
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 86.57432
  • Special Features: None
  • Year Built: 1965

Interior Features

  • Square Footage: 1877.00
  • Fireplace Features: Gas Logs
  • Interior Amenities: Cable TV Available, High Speed Internet Available
  • Flooring: Laminate
  • Appliances: Dishwasher, Disposal
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 1

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Easements: Utilities
  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Fencing: Wood
  • Roof: Composition
  • Soil Type: Unknown
  • Construction Materials: Brick

Garage/Parking

  • Cooling System: Central Air, Electric
  • Garage Spaces: 2
  • Carport Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: Covered, Garage
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Natural Gas
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Lancaster ISD
  • Elementary School: Rosa Parks-Millbrook
  • Middle School: Lancaster
  • High School: Lancaster
  • School District: Lancaster ISD
  • Elementary School: Rosa Parks-Millbrook
  • High School: Lancaster

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Corner Lot
  • Lot Size Units: Acres
  • Lot Size Area: 0.2290
  • Parcel Number: 36056500040010000
  • Lot Size Acres: 0.2290
  • Lot Size Sq Ft: 9975.2400

Building Info

  • Year Built: 1965

Tax Info

  • Unexempt Taxes: 4068
  • TaxBlock: D
  • Tax Lot: 1

MLS Schools

  • MiddleOrJuniorSchool: Lancaster
  • Middle School Name: Lancaster
  • Elementary School Name: Rosa Parks-Millbrook
  • High School Name: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2023
Sold by
Ortolani Shelley
Bought by
Arns Investments Llc
Current Estimated Value
$258,692

Purchase Details

Listed on
Aug 1, 2018
Closed on
Sep 26, 2018
Sold by
Rimes Jesse Lee and Rimes Lawashounda
Bought by
Price Lynya
Seller's Agent
Leonard McManaman
Keller Williams Frisco Stars
Buyer's Agent
Steven Kubalik
JPAR Arlington
List Price
$162,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.89%
Original Mortgage
$159,556
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 13, 2014
Sold by
Wilburn Gregory and Wilburn Sara
Bought by
Rimes Jesse Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,279
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 7, 2003
Sold by
Waters James and Waters Brenda
Bought by
Wilburn Gregory and Moore Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,317
Interest Rate
6.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 27, 1996
Sold by
Ferris Oscar D and Ferris Jennie B
Bought by
Waters James and Waters Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,847
Interest Rate
7.01%
Mortgage Type
FHA
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
Arns Investments Llc $166,000 --
Price Lynya -- None Available
Rimes Jesse Lee -- None Available
Wilburn Gregory -- --
Waters James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Price Lynya $159,556
Previous Owner Rimes Jesse Lee $93,279
Previous Owner Wilburn Gregory $99,317
Previous Owner Waters James $74,847
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2018 09/26/18 Sold -- -- --
08/07/2018 08/07/18 Pending -- -- --
08/01/2018 08/01/18 For Sale $162,500 -- $87 / 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 $5,201 $220,170 $55,000 $165,170
2024 $5,201 $220,170 $55,000 $165,170
2023 $5,201 $220,170 $55,000 $165,170
2022 $6,727 $254,840 $45,000 $209,840
2021 $5,425 $189,930 $35,000 $154,930
2020 $5,621 $189,930 $35,000 $154,930
2019 $4,926 $161,300 $25,000 $136,300
2018 $4,943 $161,300 $25,000 $136,300
2017 $4,065 $132,760 $20,000 $112,760
2016 $3,687 $120,400 $20,000 $100,400
2015 $2,222 $98,030 $16,000 $82,030
2014 $2,222 $87,670 $16,000 $71,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 13897933

North Texas Real Estate Information Systems (NTREIS)

APN: 36056500040010000