string(19) "houstonarea.har.com" 518 Fairbanks Drive, Magnolia, TX 77354 - HAR.com LoopMe

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3 Bed(s)
2 Full Bath(s)
1,775 Bldg Sqft.
20,000 Lot Sqft.
Single-Family
4 Day(s) on HAR.com
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General Description

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THIS CHARMING 3/2/2 IS THE BEST VALUE FOR THE MONEY IN SOUGHT AFTER WESTWOOD. FANTASTIC VALUE, HIGH CEILINGS, LOTS OF WINDOWS, BREAKFAST AREA LOOKING OUT INTO THE HUGE BACKYARD. BEAUTIFUL MASTER BEDROOM WITH LARGE BATH. THE LIVING AREA, MASTER BEDROOM AND ONE ADDITIONAL BEDROOM HAVE LAMINATE FLOORS, ONE BEDROOM HAS NEW CARPET, THE KITCHEN/BREAKFAST AREA AND FORMAL DINING ARE TILE AS WELL AS BOTH BATHS. NEW ROOF. THIS HOME HAS NEVER FLOODED. HOME IS CONVENIENTLY LOCATED TO THE WOODLANDS/SPRING/TOMBALL/MONTGOMERY AND CONROE AREAS. HURRY, THIS ONE WON'T BE ON THE MARKET LONG!

MLS#:
74464014 (HAR)
Sold Price Range:
$215,001 - $250,000
Listing Status:
Sold
Address:
518 Fairbanks Drive
City:
Magnolia
State:
TX
Zip Code:
Legal Description:
WESTWOOD 03, BLOCK 14, LOT 24
Property Type:
Single-Family
Bedrooms:
3 Bedroom(s)
Baths:
2 Full Bath(s)
Garage(s):
2 / Attached
Stories:
1
Style:
Traditional
Year Built:
1995 / Appraisal District
Building Sqft.:
1,775 /Appraisal District
Lot Size:
20,000 Sqft. /Appraisal District
Maintenance Fee:
$ 175 / Annually
Key Map©:
216E
Market Area:


Rooms/Lot Dimensions

Primary Bedroom:
12 X 18, 1st
Bedroom:
10 X 11, 2nd
Bedroom:
10 X 11, 3rd



Interior Features

Fireplace:
1/Gaslog Fireplace
Floors:
Laminate
Countertop:
Formica
Bedroom Description:
1 Bedroom Up, All Bedrooms Up, Primary Bed - 1st Floor
Cooling:
Central Electric
Heating:
Propane
Connections:
Electric Dryer Connections, Washer Connections
Dishwasher:
Yes
Microwave:
Yes
Oven:
Electric Oven
Disposal:
Yes
Interior:
Drapes/Curtains/Window Cover, Dryer Included, Fire/Smoke Alarm, Refrigerator Included, Washer Included


Exterior Features

Roof:
Composition
Foundation:
Slab
Private Pool:
No
Exterior Type:
Brick Veneer
Lot Description:
Subdivision Lot
Garage Carport:
Auto Garage Door Opener
Water Sewer:
Septic Tank
Unit Location:
Subdivision Lot
Front Door Face:
West
Exterior:
Back Yard Fenced, Subdivision Tennis Court


Additional Information

Dwelling Type:
Free Standing
HOA Mandatory:
Yes
List Type:
Exclusive Right to Sell/Lease
Buyer Agent Compensation*:
3%
Sub Agent Compensation*:
3%
*Disclaimer: Listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.


Financial Information

Other Fees:
No
Maintenance Fee:
Mandatory / $175 / Annually
Taxes w/o Exemp:
$4, 114/2018
Tax Rate:
2.1139


Property Tax

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Cost/sqft based on Market Value
Tax Year Cost/sqft Market Value Change Tax Assessment Change
2023 $186.51 $331,060 1.50% $331,060 1.50%
2022 $183.75 $326,160 35.59% $326,160 35.59%
2021 $135.52 $240,540 6.29% $240,540 6.29%
2020 $127.49 $226,300 2.73% $226,300 5.71%
2019 $124.11 $220,290 13.19% $214,080 10.00%
2018 $109.65 $194,620 0.00% $194,620 0.00%
2017 $109.65 $194,620 4.25% $194,620 4.25%
2016 $105.18 $186,690 0.53% $186,690 2.23%
2015 $104.63 $185,710 11.86% $182,620 10.00%
2014 $93.53 $166,020 1.93% $166,020 1.93%
2013 $91.76 $162,880 2.89% $162,880 2.89%
2012 $89.19 $158,310 $158,310
2023 Montgomery County Appraisal District Tax Value
Market Land Value: $80,000
Market Improvement Value: $251,060
Total Market Value: $331,060
montgomery County Appraisal District
2023 Tax Rates
EMERGENCY SVC DIST 10: 0.0852 %
MONTGOMERY COUNTY: 0.3742 %
MONTGOMERY CO HOSPITAL: 0.0502 %
LONE STAR COLLEGE: 0.1078 %
MAGNOLIA ISD: 1.1472 %
Total Tax Rate: 1.7646 %

Estimated Mortgage/Tax

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$1,403 Monthly
Estimated Monthly Principal & Interest (Based on the calculation below) $ 917
Estimated Monthly Property Tax (Based on Tax Assessment 2023) $ 487
Home Owners Insurance Get a Quote
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Years
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$

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Use this mortgage calculator to create and estimate your monthly mortgage payment(principal and interest) and estimates for property taxes(based on past rates).

Subdivision Facts

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2023 Subdivision Facts

Subdivision Name:
Westwood (Magnolia)
County / Zip Code:
77354
Single Family Properties:
1,507
Average Bedrooms:
Average Baths:
2.49
Median Square Ft.:
2,169
Median Lot Square Ft.:
20,000
Median Year Built:
2002
Median Appraised Value:
$357,620
Neighborhood Value Range:
$282 - $463 K
Median Price / Square ft.:
$192.90

View Price Trends for Westwood (magnolia)

Schools

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School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

ASSIGNED SCHOOLS
Tom R Elementary Schoollisor Elementary School Elementary . PK - 04 . MAGNOLIA ISD
Excellent |
Bear Branch Junior High School Middle . 07 - 08 . MAGNOLIA ISD
Good |
Magnolia High School High . 09 - 12 . MAGNOLIA ISD
Good |

View Nearby Schools

518 Fairbanks Drive Magnolia TX 77354 was recently sold. It is a 0.46 Acre(s) Lot, 1,775 SQFT, 3 Beds, 2 Full Bath(s) in Westwood 03.

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