See Home Value
$4,833,820*
House - Off Market

388 Cortona DR

West Lake Hills, TX 78746
bedrooms
5 Beds
bathrooms
6 Baths
square feet
8375 Sqft
$3,866,000 - $4,724,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Dec 18, 2020
$2,812,500
$2,250,000 by Jpmorgan Chase Bank Na
Mortgage Due Jan 01, 2051
Sold Jul 11, 2005
Transfer

About This Property

Tucked in the Hill Country???s lush landscape is a gem by noted builder Brian Bailey. The French Normandy-style villa celebrates private living with convenience of proximity to dynamic city life. 5 bedrooms, 6 baths and 5 living areas with refined touches exemplify luxury. The elegant wine room, handcrafted cabinetry, master suite steam shower and an outdoor retreat with multi-tiered glittering pool, waterfall, meditative grotto, and alfresco entertaining round out the home???s magnificence.FEMA - Unknown

The manager has listed the unit size as 8375 square feet.
Unit Size
8,375Ft²
Days on Market
-
Land Size
-
Price per sqft
$513
Property Type
House
Property Taxes
$4,091
HOA Dues
-
Year Built
2007

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Dec 9, 2020 In contract -
In contract
Oct 9, 2020 Price Decreased $4,295,000
↓ $200K (4.5%)
Price Decreased
Feb 27, 2020 Listed $4,495,000
Listed
Jan 18, 2020 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: Average
  • Building Quality: C
  • Roof Shape Type: Hip
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 529
  • Parking Space Count: 4
  • Patio Type: Patio
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 59,335
  • Total Building Area: 8,644
  • Gross Building Area: 8,644
  • Building Area: 8,115
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 8,115
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CORTONA SUBD
  • Land Acres: 1.362
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 17 BLK A CORTONA SUBD

Ownership

  • Current Owner : RAO VISHAL
  • Current Owner 2: RAO AMIKA ANTONIADES
  • Previous Owner : METCALFE STEVEN C
  • Previous Owner 2: METCALFE SALLY S
  • Owner Before Previous Owner: BENTON WESTLAKE PARTNERS LP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Eanes Independent School District
  • School Tax School District: EANES ISD
  • Census Tract: 001918

Geography

  • Assessors Map Reference: 0113150123
  • Account Number: 521251
  • Parcel: 521251
  • Block: A
  • Lot: 17
  • Municipality: CITY OF WEST LAKE HILLS
  • Latitude: 30.289
  • Longitude: -97.8081

    Address

  • Full Address: 388 Cortona Dr
  • Address - House Number: 388
  • Address - Street Name: Cortona
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: West Lake Hills
  • Carrier Code: C053
  • 4-Digit Zip Code: 4438
  • Zip Code: 78746

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $90,802
  • Tax Rate Code Area: 39

    Appraisal Valuation

  • Standard Deviation: 0.2513
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 64
  • Final Value: 4,058,520
  • High Value: 5,078,736
  • Low Value: 3,038,305

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,250,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Dec 18, 2020
  • First Open Lien Mortgage Loan Amount: $2,250,000
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $4,230,000
  • Market Land Value: $1,500,000
  • Market Improvement Value: $2,730,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,230,000
  • Assessed Land Value: $1,500,000
  • Assessed Improvements Value: $2,730,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 15, 2020
  • Current Sale Recording Date: Dec 18, 2020
  • Current Sale Transaction ID: 11820576634
  • Current Sale Price: $2,812,500
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 2020247254
  • Previous Sale Recording Date: Jul 11, 2005
  • Previous Sale Contract Date: Jul 07, 2005
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Dec 18, 2020
  • First Mortgage Loan Amount: $2,250,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About West Lake Hills


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at

$2,600 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,100 ft²
Listing by Erik Wilson
Unit for rent at

$2,500 /mo

  • 2 Beds
  • 1 Bath
  • 984 ft²
Listing by Manager


Frequently Asked Questions

When was property at 388 Cortona Drive built and last sold?
The property at 388 Cortona Drive was built in 2007 and last sold on Dec 15, 2020 for $2,812,500.
How much is this home worth?
The estimated value of the home located at 388 Cortona Drive is $4,337,950.
What are some comparable homes to 388 Cortona Drive?
There are currently no comparable homes to 388 Cortona Drive.

Quantcast