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1309 Colony Street

1309 Colony Street, Flower Mound, TX 75028
Sold Mar 10, 2021
$433,400
$346,750 by United Wholesale Mortgage
Mortgage Due Mar 01, 2051
Sold Aug 08, 2002
$178,100
$142,500 by Service First Mtg Corp
Mortgage Due Aug 01, 2032
1309 Colony Street has been categorized by the local assessors in Flower Mound, TX as a residential type of property. The building on the property was first built in 1985 and is 39 years old. However, we must point out that the home was most recently renovated and altered in 2005. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1309 Colony Street has 2,102 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,100 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 6,600 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 410 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Love to swim? You'll be excited to find out that there is a both a pool and a spa on the property. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of brick veneer. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1309 Colony Street sold most recently in Mar 5, 2021 for a total of $433,400. If you work out the math, that's approximately a cost of $172.53 per sqft. Before that, the property was also sold for $178,100 in Aug 2, 2002. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,613 in taxes each year. 1309 Colony Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $445,996. If we break it down further, the land itself was valued at $85,680. Improvements to the property, however, were assessed at a total of $373,835. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 2005
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 410
  • Parking Space Count: 2
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 6,600
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,512
  • Gross Building Area: 2,512
  • Building Area: 2,102
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,102
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PRAIRIE CREEK
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PRAIRIE CREEK BLK 4 LOT 44

Ownership

  • Current Owner : PETERSON JACOB NEIL
  • Current Owner 2: PETERSON REBECCA ALLISON
  • Previous Owner : KROLICK MICHAEL E
  • Previous Owner 2: KROLICK SHARI Y
  • Owner Before Previous Owner: STRATTON VERNON
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lewisville Independent School District
  • Census Tract: 021721

Geography

  • Assessors Map Reference: 627-C
  • Parcel: R87173
  • Block: 4
  • Lot: 44
  • Municipality: TOWN OF FLOWER MOUND
  • Latitude: 33.059
  • Longitude: -97.0495

    Address

  • Full Address: 1309 Colony St
  • Address - House Number: 1309
  • Address - Street Name: Colony
  • Address - Suffix Type: St
  • State: TX
  • City Name: Flower Mound
  • Carrier Code: C003
  • 4-Digit Zip Code: 2524
  • Zip Code: 75028

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,613
  • Tax Rate Code Area: S09

    Appraisal Valuation

  • Standard Deviation: 0.1995
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 499,530
  • High Value: 599,187
  • Low Value: 399,873

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $346,750
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Mar 10, 2021
  • First Open Lien Mortgage Loan Amount: $346,750
  • 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, 2051

    Market Valuation

  • Market Total Value: $459,515
  • Market Land Value: $85,680
  • Market Improvement Value: $373,835

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $445,996
  • Assessed Land Value: $85,680
  • Assessed Improvements Value: $373,835

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 05, 2021
  • Current Sale Recording Date: Mar 10, 2021
  • Current Sale Transaction ID: 11825568025
  • Current Sale Price: $433,400
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 2021-041631
  • Previous Sale Recording Date: Aug 08, 2002
  • Previous Sale Contract Date: Aug 02, 2002
  • Previous Sale Amount: $178,100
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Mar 10, 2021
  • First Mortgage Loan Amount: $346,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: SERVICE FIRST MTG CORP
  • Previous Mortgage Transaction Date: Aug 08, 2002
  • Previous Mortgage Loan Amount: $142,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Aug 01, 2032

About Prairie Creek



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Frequently Asked Questions

What neighborhood is 1309 Colony Street located in?
The 1309 Colony Street is a house located in the neighborhood of Prairie Creek in Prairie Creek, Flower Mound.
What is the average sales price for listings in 1309 Colony Street?
The average sales price for units in 1309 Colony Street is $0 currently.

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