See Home Value
$351,000 - $429,000
House - Off Market

3440 Varsity Drive

Oak Point, TX 75068
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2294 Sqft
Sold Feb 27, 2024
$414,960
$312,000 by Nexbank
Mortgage Due Mar 01, 2054
Sold Oct 02, 2015
$252,900
$249,536 by Gold Financial Services
Mortgage Due Oct 01, 2045

About This Property

Great Curb Appeal in this 4 Bedroom, 2 Bath, Flex Room Home in Wellington Trace! Greeted w Stone Accent Exterior, Grand Foyer w Niches & French Doors to Study or 4th Bedroom. Open Concept Floorplan ideal for Entertaining...Spacious Kitchen w Counter Height Breakfast Bar, Granite Countertops, Mosaic Tile Backsplash & SS Appliances...all Onlooking Generous Size Nook w Builtin Buffet, Window Seating & Family Room w Floor to Ceiling Stone Fireplace. Secluded Owners Retreat w Ensuite Bath features Dual Sinks, Garden Tub, Frameless Walk in Shower w Bench & Walkin Closet. Split Bedroom Floorplan w  Secondary Bedrooms, Secondary Bathroom w Dual Sinks & Flex Room...ideal for Study, Workout Room, Craft Room or Additional Living Room or Dining Room. Ample Covered Back Patio perfect for Grilling, Chilling & Entertaining...All while onlooking Spacious Backyard w Plenty of Room to Roam & Play.

The manager has listed the unit size as 2294 square feet.
Unit Size
2,294Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$170
Property Type
House
Property Taxes
-
HOA Dues
$180
Year Built
2015

Price History

Date / Event Date Event Price
Apr 29, 2024 No longer available -
No longer available
Feb 15, 2024 In contract -
In contract
Feb 6, 2024 Relisted $390,000
Relisted
Jan 15, 2024 In contract -
In contract
Jan 6, 2024 Listed $390,000
Listed

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 430
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,920
  • Total Building Area: 2,724
  • Gross Building Area: 2,724
  • Building Area: 2,294
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,294
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WELLINGTON TRACE PHASE II
  • Land Acres: 0.182
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WELLINGTON TRACE PHASE II BLK A LOT 38

Ownership

  • Current Owner : ASOK CHERUKUMA
  • Current Owner 2: ASOK SRILATHA KOLLURU
  • Previous Owner : ANDREWS KEVIN
  • Owner Before Previous Owner: BLOOMFIELDS HOMES LP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Little Elm Independent School District
  • Census Tract: 020115

Geography

  • Parcel: R651652
  • Block: A
  • Lot: 38
  • Municipality: OAK POINT
  • Latitude: 33.1647
  • Longitude: -96.9831

    Address

  • Full Address: 3440 Varsity Dr
  • Address - House Number: 3440
  • Address - Street Name: Varsity
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Little Elm
  • Carrier Code: R027
  • 4-Digit Zip Code: 3212
  • Zip Code: 75068

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,904
  • Tax Rate Code Area: W28

    Appraisal Valuation

  • Standard Deviation: 0.1914
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 386,382
  • High Value: 452,228
  • Low Value: 320,536

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $312,000
  • First Open Lien Mortgage Lender: NEXBANK
  • First Open Lien Mortgage Recording Date: Feb 27, 2024
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $312,000
  • 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: Mar 01, 2054

    Market Valuation

  • Market Total Value: $435,000
  • Market Land Value: $79,668
  • Market Improvement Value: $355,332

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $347,391
  • Assessed Land Value: $79,668
  • Assessed Improvements Value: $355,332

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 23, 2024
  • Current Sale Recording Date: Feb 27, 2024
  • Current Sale Transaction ID: 11921713871
  • Current Sale Price: $414,960
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 19707
  • Previous Sale Recording Date: Oct 02, 2015
  • Previous Sale Contract Date: Sep 25, 2015
  • Previous Sale Amount: $252,900
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: NEXBANK
  • First Mortgage Transaction Date: Feb 27, 2024
  • First Mortgage Loan Amount: $312,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2054

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: GOLD FINANCIAL SERVICES
  • Previous Mortgage Transaction Date: Oct 02, 2015
  • Previous Mortgage Loan Amount: $249,536
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2045



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
2,355 ft²
$191/ft²
$450,000 Feb 4, 2024
-
-
Land
Loft
-
-
$325,000 Feb 3, 2024
-
$250/mo

About Wellington Trace


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Frequently Asked Questions

When was property at 3440 Varsity Drive built and last sold?
The property at 3440 Varsity Drive was built in 2015 and last sold on Feb 23, 2024 for $414,960.
How much is this home worth?
The estimated value of the home located at 3440 Varsity Drive is $395,191.
What are some comparable homes to 3440 Varsity Drive?
Homes that are comparable to 3440 Varsity Drive include a house property at 1812 West Eldorado Parkway, a land property at 6402 Shoreline Drive, which are both great to check out.

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