515 Fairbanks Drive

Magnolia, TX 77354
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Sold
Sold
$482,001 - $552,000
Sold on September 07, 2022
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3 - 4 Bedroom(s)
3 Full Bath(s)
2,799 Sqft.
30,000 Lot Sqft
Single-Family

Home value comparables

Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.

Current Valuations

Home Value Comparables
AVM Value
$520K
AVM Value
$544K
AVM Value
$541K
AVM Value
$526K
Value Range
$463K - $577K
Value Range
$512K - $575K
Value Range
$503K - $584K
Value Range
$ 525,980
Confidence Score
89%

Margin of Error*: 11%
Confidence Score
96%

Margin of Error*: 6%
Confidence Score
NA
Confidence Score
NA
Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

Zestimate Home Values are provided by Zillow, Inc. Use is subject to Zillow Terms of Use and are provided as-is, as-available.
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Description

Gorgeous ONE story (3+3) on a rare 30,000 sqft lot in the popular Westwood neighborhood! Spacious, bright, open floor plan with island kitchen that has granite counters, SS appliances plus a walk-in pantry. The kitchen dining area has a wall of windows to enjoy your morning coffee and the peaceful view of the back yard and opens to the family room with fireplace. Nearby are the formal dining room and private study which could be a 4th bedroom. Large primary bedroom has a walk-in closet. Secondary bedrooms are good sized and separated from the primary bedroom. Covered rear patio overlooks a well maintained grass backyard that is very spacious and POOL ready. All new wood flooring and low E windows upgrades. Nat gas fired whole house 20K generator, large work shed (with power and AC) and tall 50 foot long covered storage for that RV, bus or boat with a gated concrete driveway and nearby party pad. RV hookups include 50 amp service, water and sewer. LOW HOA, tax rates and NO MUD!

MLS#
25684039
Sold Price Range
$482,001 - $552,000
Listing Status
Sold
Address
515 Fairbanks Drive
City
State
TX
Zip Code
Legal Description
WESTWOOD 03, BLOCK 13, LOT 37A (N/2),38, ACRES 0.688
Property Type
Single-Family
Bedroom
3 - 4 Bedroom(s)
Bath
3 Full Bath(s)
Garages
2 / Attached
Stories
1
Architecture Style
Ranch
Year Built
1998 / Appraisal District
Building Size
2,799 Sqft/Appraisal District
Lot Size
30,000 Sqft./Appraisal District
Maintenance Fee
$208 / Annually
Key Map©
216E
Market Area

Rooms

Family Room
21 x 30, 1st
Dining
16 x 11, 1st
Kitchen
18 x 14, 1st
Primary Bedroom
22 x 15, 1st
Bedroom
12 x 12, 1st
Bedroom
12 x 11, 1st
Home Office/Study
14 x 12, 1st
Utility Room Desc
14 x 7, 1st

Exterior

Roof
Composition
Foundation
Slab
Private Pool
No
Exterior Type
Brick
Lot Description
Other
Carport Description
Detached Carport
Garage Carport
Boat Parking,RV Parking,Workshop
Water Sewer
Public Water, Septic Tank
Front Door Face
East
Unit Location
Other
Area Pool
Yes
Exterior
Back Yard Fenced, Covered Patio/Deck, Sprinkler System, Subdivision Tennis Court, Workshop

Interior

Fireplace
1/Freestanding,Gaslog Fireplace
Floors
Tile, Wood
Bathroom Description
Primary Bath: Double Sinks, Primary Bath: Separate Shower
Bedroom Description
All Bedrooms Down,En-Suite Bath,Primary Bed - 1st Floor,Walk-In Closet
Kitchen Description
Breakfast Bar,Island w/ Cooktop,Kitchen open to Family Room,Pantry,Walk-in Pantry
Room Description
Breakfast Room, Family Room, Home Office/Study, Utility Room in House
Cooling
Central Electric
Heating
Central Gas
Connections
Electric Dryer Connections, Gas Dryer Connections, Washer Connections
Dishwasher
Yes
Disposal
Yes
Microwave
No
Oven
Gas Oven
Range
Gas Cooktop
Energy Feature
Generator, Insulated/Low-E windows
Interior
Drapes/Curtains/Window Cover, Fire/Smoke Alarm, Formal Entry/Foyer, High Ceiling

Lot information

Lot Size
30,000 Sqft./Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Additional information

Dwelling Type
Free Standing
HOA Mandatory
Yes
List Type
Exclusive Right to Sell/Lease
Buyer Agent Compensation*
3%
Sub Agent Compensation*
0%

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Financial

Financing Considered
Cash Sale, Conventional
Other Fees
No
Maintenance Fee
Mandatory / $208 / Annually
Maint Fee Includes
Recreational Facilities
Taxes w/o Exemp
$7,171/2021
Tax Rate
1.8587

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Estimated electricity cost

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Property tax

Cost/Sqft based on tax value

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Down Payment Assistance

Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

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

Nearby schools view nearby schools

Noise factors

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Source

Houston Association of REALTORS
Source last updated Mar 29, 2024 at 07:47 AM
Listing last updated Sep 07, 2022 at 01:56 PM

515 Fairbanks Drive, Magnolia, TX 77354. View photos, map, tax, nearby homes for sale, home values, school info...

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