Check Availability
$365,000 - $445,000
House - In Contract

701 Lake Forest Trail

Little Elm, TX 75068
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1994 Sqft
Sold Mar 01, 2024
$516,040
$388,000 by Guild Mortgage Company Llc
Mortgage Due Mar 01, 2054
Sold Dec 17, 2020
$327,800
$262,200 by Lhm Financial Corp
Mortgage Due Jan 01, 2051

About This Property

This meticulously well maintained Drees home boasts 3 bedrooms, 2 bath, a gorgeous dining room, a kitchen, and even a private tucked away office. This open layout truly has it all, including vaulted ceilings and new paint throughout the home. The kitchen includes a massive island, and notice there's not a single seam, a gas stove-oven (less than a year old), and a touch2O kitchen faucet. Located on a premium corner lot, it also boasts a spacious covered patio with built-in speakers and a brand-new sprinkler controller. The laundry room includes a large utility sink. The master bathroom includes dual vanities, a large two-tier walk-in closet, a whirlpool bathtub, and an updated rain showerhead. Amenities include pools, walking trails overlooking the lake, gyms, playgrounds, and much, much more! Come make this home yours. Buyer and buyer's agent verify all information

The manager has listed the unit size as 1994 square feet.
Unit Size
1,994Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$203
Property Type
House
Property Taxes
-
HOA Dues
$213
Year Built
2010
Listed By

Price History

Date / Event Date Event Price
Feb 10, 2024 In contract -
In contract
Jan 30, 2024 Listed $405,000
Listed
Oct 8, 2021 No longer available -
No longer available
Nov 14, 2020 In contract -
In contract
Nov 7, 2020 Listed $265,000
Listed
This stunning Drees home boasts 3 bedrooms, 2 baths, gorgeous dining room, dream kitchen and even a private tucked away office. This layout truly has it all. It's functional meeting all your needs and checks all the boxes for your wants as well! No detail was missed when building this home. Check out the massive island and notice there's not a single seam! Quality is unsurpassed and pride of ownership shines from the original owners. Located on a premium corner lot, it also boasts a…

Property Highlights

Fireplace
Air Conditioning
Interior Details

Fireplace Information

Fireplace
Exterior Details

Exterior Information

Brick

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • 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 Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 413
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,150
  • Total Building Area: 2,405
  • Gross Building Area: 2,405
  • Building Area: 1,993
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,993
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PALOMA CREEK LAKEVIEW PH 1
  • Land Acres: 0.141
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PALOMA CREEK LAKEVIEW PH 1 BLK G LOT 15

Ownership

  • Current Owner : ALLEN JAY
  • Current Owner 2: ALLEN COURTNEY
  • Previous Owner : SHULTS TYLER LEE
  • Previous Owner 2: SHULTS HAYLEY
  • Owner Before Previous Owner: WHTTINGTON GREGORY L
  • Owner Before Previous Owner 2: WHITTINGTON SANDRA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Denton Independent School District
  • Census Tract: 020136

Geography

  • Assessors Map Reference: 531-B
  • Parcel: R282620
  • Block: G
  • Lot: 15
  • Municipality: LITTLE ELM
  • Latitude: 33.2051
  • Longitude: -96.9506

    Address

  • Full Address: 701 Lake Forest Trl
  • Address - House Number: 701
  • Address - Street Name: Lake Forest
  • Address - Suffix Type: Trl
  • State: TX
  • City Name: Little Elm
  • Carrier Code: R016
  • 4-Digit Zip Code: 8478
  • Zip Code: 75068

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,946
  • Tax Rate Code Area: W18

    Appraisal Valuation

  • Standard Deviation: 0.1914
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 403,393
  • High Value: 472,139
  • Low Value: 334,648

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $388,000
  • First Open Lien Mortgage Lender: GUILD MORTGAGE COMPANY LLC
  • First Open Lien Mortgage Recording Date: Mar 01, 2024
  • First Open Lien Mortgage Loan Amount: $388,000
  • 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: $406,903
  • Market Land Value: $92,250
  • Market Improvement Value: $314,653

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $329,399
  • Assessed Land Value: $92,250
  • Assessed Improvements Value: $314,653

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 28, 2024
  • Current Sale Recording Date: Mar 01, 2024
  • Current Sale Transaction ID: 11921844762
  • Current Sale Price: $516,040
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 21973
  • Previous Sale Recording Date: Dec 17, 2020
  • Previous Sale Contract Date: Dec 15, 2020
  • Previous Sale Amount: $327,800
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE COMPANY LLC
  • First Mortgage Transaction Date: Mar 01, 2024
  • First Mortgage Loan Amount: $388,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: LHM FINANCIAL CORP
  • Previous Mortgage Transaction Date: Dec 17, 2020
  • Previous Mortgage Loan Amount: $262,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous 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
House
3 Beds
2 Baths
2,013 ft²
$186/ft²
$375,000 Oct 5, 2023
-
$215/mo
House
3 Beds
2 Baths
2,113 ft²
$196/ft²
$415,000 Nov 17, 2023
-
$213/mo
House
3 Beds
2 Baths
1,871 ft²
$203/ft²
$379,900 Dec 28, 2023
-
$186/mo
House
3 Beds
2 Baths
1,724 ft²
$235/ft²
$404,500 Sep 30, 2023
-
$186/mo
House
3 Beds
2 Baths
1,702 ft²
$209/ft²
$354,990 Nov 11, 2023
-
$212/mo
House
3 Beds
2.5 Baths
2,365 ft²
$182/ft²
$430,000 Jan 7, 2024
-
$625/mo
House
3 Beds
2 Baths
1,720 ft²
$201/ft²
$345,000 Nov 18, 2023
-
$185/mo
House
3 Beds
2 Baths
1,612 ft²
$229/ft²
$369,000 Nov 18, 2023
-
$213/mo
House
3 Beds
2 Baths
1,657 ft²
$206/ft²
$342,000 Jan 27, 2024
-
$45/mo
House
3 Beds
1 Bath
1,628 ft²
$257/ft²
$419,000 Jan 8, 2024
-
-
House
4 Beds
2 Baths
1,996 ft²
$202/ft²
$402,999 Nov 3, 2023
-
$625/mo
House
4 Beds
2.5 Baths
2,143 ft²
$210/ft²
$450,000 Oct 21, 2023
-
$625/mo

About Paloma Creek Lakeview


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Frequently Asked Questions

When was property at 701 Lake Forest Trail built and last sold?
The property at 701 Lake Forest Trail was built in 2010 and last sold on Feb 28, 2024 for $516,040.
How much is this home worth?
The estimated value of the home located at 701 Lake Forest Trail is $407,779.
What are some comparable homes to 701 Lake Forest Trail?
Homes that are comparable to 701 Lake Forest Trail include a house property at 2025 Lake Vista Drive, 2024 Lake Vista Drive, 1333 Rembrandt Drive.

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