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204 Montrose Lane

204 Montrose Lane, Southlake, TX 76092
Sold Jun 28, 2021
$685,300
$548,250 by First Financial Bank Na
Mortgage Due Jul 01, 2051
Sold Jul 16, 2020
$875,000
$700,000 by Third Coast Bank Ssb
Mortgage
204 Montrose Lane in Southlake, TX was first built in 2015 and is 9 years old. This has been categorized as a residential property type. There are a total of 2 floors. 204 Montrose Lane has 5,135 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 15,965 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. For those who need parking, there is a garage. There are a total of 3 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as excellent. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. The property was last sold in Jun 17, 2021 for $685,300. That's $133.46 per sqft. Prior to that sales transaction, the property was also sold in Jul 15, 2020 for $875,000. 204 Montrose Lane was last assessed in 2023. The total value of the property was assessed at $1,180,700. Specifically, the land the property is located on was valued at $274,875. While improvements on the property were assessed at a total of $905,825. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $17,609. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
Stone Exterior

Parking

Attached Garage
Open Parking
Tandem Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Excellent
  • Building Quality: B
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 15,965
  • Total Building Area: 5,135
  • Gross Building Area: 5,135
  • Building Area: 5,135
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 5,135
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIGHLAND OAKS
  • Land Acres: 0.367
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HIGHLAND OAKS BLOCK 1 LOT 19

Ownership

  • Current Owner : KARMALI AL
  • Previous Owner : KARMALI HOLDINGS INC
  • Owner Before Previous Owner: YOUNG MICHAEL J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Carroll Independent School District
  • School Tax School District: CARROLL
  • Census Tract: 113906

Geography

  • Assessors Map Reference: MAP 2102-468
  • Account Number: 42039523
  • District: 022
  • Parcel: 42039523
  • Block: 1
  • Lot: 19
  • Municipality: SOUTHLAKE
  • Latitude: 32.9575
  • Longitude: -97.1524

    Address

  • Full Address: 204 Montrose Ln
  • Address - House Number: 204
  • Address - Street Name: Montrose
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Southlake
  • Carrier Code: R025
  • 4-Digit Zip Code: 1365
  • Zip Code: 76092

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $17,609
  • Tax Rate Code Area: 919

    Appraisal Valuation

  • Standard Deviation: 0.2144
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 70
  • Final Value: 889,123
  • High Value: 1,079,806
  • Low Value: 698,440

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $798,250
  • First Open Lien Mortgage Lender: FIRST FINANCIAL BANK NA
  • First Open Lien Mortgage Recording Date: Jun 28, 2021
  • First Open Lien Mortgage Loan Amount: $548,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051
  • Second Open Lien Mortgage Lender: FIRST FINANCIAL BANK NA
  • Second Open Lien Mortgage Recording Date: Sep 13, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $250,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jun 17, 2041

    Market Valuation

  • Market Total Value: $1,180,700
  • Market Land Value: $274,875
  • Market Improvement Value: $905,825

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,180,700
  • Assessed Land Value: $274,875
  • Assessed Improvements Value: $905,825

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 17, 2021
  • Current Sale Recording Date: Jun 28, 2021
  • Current Sale Transaction ID: 11841938799
  • Current Sale Price: $685,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: D221184437
  • Previous Sale Recording Date: Jul 16, 2020
  • Previous Sale Contract Date: Jul 15, 2020
  • Previous Sale Amount: $875,000
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FINANCIAL BANK NA
  • First Mortgage Transaction Date: Jun 28, 2021
  • First Mortgage Loan Amount: $548,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: THIRD COAST BANK SSB
  • Previous Mortgage Transaction Date: Jul 16, 2020
  • Previous Mortgage Loan Amount: $700,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone Second

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Frequently Asked Questions

What neighborhood is 204 Montrose Lane located in?
The 204 Montrose Lane is a house located in the neighborhood of Northeast Tarrant in Southlake, Southlake.
What is the average sales price for listings in 204 Montrose Lane?
The average sales price for units in 204 Montrose Lane is $0 currently.

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