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7 - 8 Bed(s)
5 Full & 1 Half Bath(s)
4,937 Bldg Sqft.
15,831 Lot Sqft.
Single-Family
45 Day(s) on HAR.com

General Description

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SEVEN MEADOWS LUXURY LIVING-7 Lakes HS/Beckendorff JH. BEAUTIFUL & SPACIOUS Partners In Building Custom Home: 7 Bed-5 1/2 Bath-5 CAR GARAGE! Plenty of room for everyone! Well maintained home located on welcoming quiet street & peaceful treed corner lot close to Holland Elem. Large chefs kitchen with miles of prep space, shining granite, gas cooktop, double ovens & under cabinet lighting illuminate this terrific space. XL pantry for storage needs! Study features high ceiling & handsome built ins, large walk in closet & attached full bath: Can be used as another downstairs master! Cozy up with a good book in this lovely living room with custom built ins & fireplace. Ascend the beautiful curved staircase to find 6 large bedrooms & 3 full baths. Abundant storage & work space lead to spacious game room. Huge back yard with plenty of green space includes a sparkling swimming pool/spa and sport court for extra fun! This beautiful home is located across street from the pocket park. A MUST SEE!

Sold Price Range:
$627,001 - $717,000
Listing Status:
Sold
Address:
7318 Penny Lane
City:
Katy
State:
TX
Zip Code:
Legal Description:
SEVEN MEADOWS SEC 4, BLOCK 3, LOT 5
Property Type:
Single-Family
Bedrooms:
7 - 8 Bedroom(s)
Baths:
5 Full & 1 Half Bath(s)
Garage(s):
5 / Attached,Oversized,Tandem
Stories:
2
Style:
Traditional
Year Built:
2004 / Appraisal District
Building Sqft.:
4,937 /Appraisal
Lot Size:
15,831 Sqft. /Appraisal District
Maintenance Fee:
$ 1200 / Annually
Key Map©:
525A
Market Area:
Master Planned Community:
MLS#:
82824468 (HAR)


Rooms/Lot Dimensions

Den:
21 X 24, 1st
Dining:
14 X 16, 1st
Kitchen:
14 X 25, 1st
Breakfast:
15 X 17, 1st
Mstr Bedroom:
14 X 18, 1st
Bedroom:
11 X 17, 2nd
Bedroom:
14 X 19, 2nd
Bedroom:
17 X 13, 2nd
Bedroom:
16 X 15, 2nd
Bedroom:
13 X 14, 2nd
Bedroom:
11 X 20, 2nd
Game Room:
18 X 21, 2nd
Study/Library:
13 X 14, 1st
Utility Room Desc:
10 X 9, 1st
Master Bath:
13 X 26, 1st
Room Description:
Breakfast Room, Den, Formal Dining, Gameroom Up, Living Area - 1st Floor, Study/Library, Utility Room in House,



Interior Features

Fireplace:
1/Gaslog Fireplace
Floors:
Carpet, Tile, Wood
Countertop:
Granite
Bedroom Desc:
En-Suite Bath, Master Bed - 1st Floor, Sitting Area
Master Bath Description:
Double Sinks, Master Bath + Separate Shower, Master w/Tub, Vanity Area
Kitchen Desc:
Breakfast Bar, Island w/o Cooktop, Under Cabinet Lighting, Walk-in Pantry
Heating:
Central Gas
Cooling:
Central Electric
Connection:
Electric Dryer Connections, Gas Dryer Connections, Washer Connections
Ice Maker:
No
Compactor:
No
Range:
Gas Cooktop
Dishwasher:
Yes
Microwave:
Yes
Oven:
Double Oven
Disposal:
Yes
Energy Feature:
Attic Vents, Ceiling Fans, HVAC>13 SEER, Radiant Attic Barrier, Tankless/On-Demand H2O Heater
Interior:
Crown Molding, Drapes/Curtains/Window Cover, Fire/Smoke Alarm, Formal Entry/Foyer, High Ceiling, Wired for Sound


Exterior Features

Roof:
Composition
Foundation:
Slab
Private Pool:
Yes
Private Pool Desc:
Gunite, Heated, In Ground
Exterior Type:
Brick & Wood, Cement Board, Stucco
Lot Description:
Corner, In Golf Course Community
Garage Carport:
Double-Wide Driveway
Water Sewer:
Water District
Unit Location:
Corner, In Golf Course Community
Area Pool:
Yes
Exterior:
Back Yard Fenced, Covered Patio/Deck, Patio/Deck, Side Yard, Spa/Hot Tub, Sprinkler System, Subdivision Tennis Court


Additional Information

Dwelling Type:
Free Standing
HOA Mandatory:
Yes
List Type:
Exclusive Right to Sell/Lease


Financial Information

Financing Considered:
Cash Sale, Conventional, FHA, VA
Other Fees:
Yes / 200.00 / Transfer Fee
Maintenance Fee:
Mandatory / $1200 / Annually
Taxes w/o Exemp:
$17, 129/2018
Tax Rate:
2.6906


Lease Information

Vacation Rental:
No


Selling Agent and Brokerage

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Property Tax

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Cost/sqft based on Tax Value
Tax Year Cost/sqft Tax Assessment Change
2018 $128.95 $636,640 -4.36%
2017 $134.82 $665,630 5.03%
2016 $128.37 $633,780 1.79%
2015 $126.11 $622,620 0.93%
2014 $124.95 $616,870 4.95%
2013 $119.05 $587,760
2018 Fort Bend County Appraisal District Tax Value
Market Land Value: $99,230
Market Improvement Value: $537,410
Total Market Value: $636,640

Tax History
2018 Assessed Value/Appraisal District: $636,640
2017 Assessed Value/Appraisal District: $665,630
2016 Assessed Value/Appraisal District: $633,780
2015 Assessed Value/Appraisal District: $622,620
2014 Assessed Value/Appraisal District: $616,870
2013 Assessed Value/Appraisal District: $587,760
2018 Tax Rates
FT BEND MUD 34: 0.6100 %
KATY ISD: 1.5166 %
FT BEND CO GEN: 0.4450 %
FORT BEND DRNG: 0.0190 %
FT BEND CO ESD 4: 0.1000 %
Total Tax Rate: 2.6906 %
fort bend County Appraisal District

Estimated Mortgage/Tax

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$4,292 Monthly
Estimated Monthly Principal & Interest (Based on the calculation below) $ 2,864
Estimated Monthly Property Tax (Based on Tax Assessment 2018) $ 1,427
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Subdivision Facts

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2018 Subdivision Facts

Subdivision Name:
Seven Meadows
County / Zip Code:
77494
Single Family Properties:
1,720
Average Bedrooms:
3.96
Average Baths:
2.69
Median Square Ft.:
3,113
Median Lot Square Ft.:
9,173
Median Year Built:
2006
Median Appraised Value:
$334,655
Neighborhood Value Range:
$264 - $615 K
Median Price / Square ft.:
$122.74

View Price Trends for Seven Meadows

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
Bonnie Holland Elementary School Elementary . EE - 05 . KATY ISD
Good |
Beckendorff Junior High School Middle . 06 - 08 . KATY ISD
Excellent |
Seven Lakes High School High . 09 - 12 . KATY ISD
Excellent |

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Property Map

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7318 Penny Lane Katy TX 77494 was recently sold. It is a 0.36 Acre(s) Lot, 4,937 SQFT, 7 Beds, 5 Full Bath(s) & 1 Half Bath(s) in Seven Meadows Sec 4.

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