NOT LISTED FOR SALE

Estimated Value: $394,000 - $741,000

3 Beds
2.5 Baths
2,118 Sq Ft
$303/Sq Ft Est. Value

Last Sold October 16, 2023

Current estimated payment $4,736/month

3 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • Open Floorplan
  • Doris Cullins-Lake Pointe Elementary School Rated A-
  • Fishing
  • Community Lake

About This Home

As of October 2023

You will enjoy beautiful lakefront living with this cozy & completely updated Rowlett home the moment you walked in. The spacious interior features hardwood flooring throughout, updated kitchen with customized island cabinet, granite countertop & backsplash. Garage is fully insolated, air conditioned & finished as an equipped theater room, with 5.1 Dolby sound system provides an astonishing movie experience. It has one of the most private backyard on Lake Ray Hubbard, yet you have your private boat dock with a lift (around $100k to build a new one with seawall) and an outdoor fire pit perfect for relaxing and unwinding by the lake. Enjoy a cup of coffee on the deck in the morning watching sunrise on the waves. At night relax under the moon while sitting by fire pit or catch fireflies! Home is currently used as vacation house, generating over 8k a month in summer. All furniture, decors, & other items is negotiable to stay. Great location in a fast growing area & Rockwall ISD!

Last Agent to Sell the Property

Wenqian Zhao

Post Oak Realty, LLC License #0671445 Listed on: 09/24/2023

Post Oak Realty, LLC

Last Buyer's Agent

Wenqian Zhao

Post Oak Realty, LLC License #0671445 Listed on: 09/24/2023

Post Oak Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • 7,275 Sq Ft Lot

Parking

  • 2-Car Garage with one garage door
  • 2 Carport Spaces

Home Design

  • Lake House
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,118 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Decorative Lighting
  • Double Sided Fireplace
  • Window Treatments
  • Bay Window
  • Wood Flooring
  • Home Security System
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Boat Ramp
  • Deck
  • Patio

Schools

  • Doris Cullins-Lake Pointe Elementary School
  • Jw Williams Middle School
  • Rockwall High School

Listing and Financial Details

  • Property is used as a vacation rental
  • Legal Lot and Block 40 / 9
  • Assessor Parcel Number 000000022651
  • $15,793 per year unexempt tax

Community Details

Overview

  • Spinnaker Cove #2 Subdivision
  • Community Lake
  • Greenbelt

Recreation

  • Marina
  • Fishing

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structural Style: Lake House, Resort Property, Single Detached, Vacation Home
  • Unit Levels: Two
  • Security: Security System
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Special Features: None

Interior Features

  • Square Footage: 2118.00
  • Windows: Bay Window(s), Window Coverings
  • Fireplace Features: Double Sided
  • Interior Amenities: Decorative Lighting, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Hardwood
  • Appliances: Gas Range
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 2
  • Room Count: 2

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Easements: Access, Water Lines
  • Pool: No
  • Foundation: Slab
  • Community Features: Boat Ramp, Fishing, Greenbelt, Lake, Marina
  • Roof: Composition
  • Construction Materials: Brick
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Garage Spaces: 2
  • Carport Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: Garage Single Door
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Rockwall ISD
  • Elementary School: Doris Cullins-Lake Pointe

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Units: Acres
  • Lot Size Area: 0.1670
  • Parcel Number: 000000022651
  • Lot Size Acres: 0.1670
  • Lot Size Sq Ft: 7274.5200

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1986

Tax Info

  • Unexempt Taxes: 15793
  • TaxBlock: 9
  • Tax Lot: 40

MLS Schools

  • Middle School Name: JW Williams
  • Elementary School Name: Doris Cullins-Lake Pointe
  • High School Name: Rockwall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2023
Closed on
Oct 13, 2023
Sold by
Wlz Properties Llc
Bought by
8618 Columbia Dr Llc
Seller's Agent
Wenqian Zhao
Post Oak Realty, LLC
Buyer's Agent
Wenqian Zhao
Post Oak Realty, LLC
List Price
$777,800
Views
161
Current Estimated Value
$640,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.46%

Purchase Details

Closed on
Mar 7, 2019
Sold by
Lovett Scott and Lovett Stephenie
Bought by
Olander Collin W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2016
Sold by
Saatkamp H J
Bought by
Lovett Scott and Lovett Stephenie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Interest Rate
3.47%
Mortgage Type
New Conventional
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
8618 Columbia Dr Llc -- Truly Title
Olander Collin W -- Independence Title Company
Lovett Scott -- Rtt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olander Collin W $367,500
Previous Owner Lovett Scott $351,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2023 10/16/23 Sold -- -- --
09/28/2023 09/28/23 Pending -- -- --
09/24/2023 09/24/23 For Sale $777,800 -- $367 / 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 $16,530 $769,042 $430,000 $339,042
2023 $16,530 $721,756 $450,000 $271,756
2022 $13,268 $606,350 $325,000 $281,350
2021 $11,205 $473,180 $250,000 $223,180
2020 $11,445 $470,560 $226,800 $243,760
2019 $10,160 $439,760 $220,500 $219,260
2018 $9,425 $367,177 $186,260 $180,917
2017 $10,242 $389,726 $174,410 $215,316
2016 $9,291 $353,520 $169,330 $184,190
2015 $7,245 $274,370 $80,000 $194,370
2014 $7,245 $276,200 $80,000 $196,200
Source: Public Records

Agents Affiliated with this Home

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Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20438802

North Texas Real Estate Information Systems (NTREIS)

APN: 22651