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2540 Sandy Creek Lane

2540 Sandy Creek Lane, The Colony, TX 75056
House in Carrollton
Sold Sep 04, 2020
$379,100
$303,275 by Finance Of America Mortgage Ll
Mortgage Due Sep 01, 2035
Sold Apr 03, 2019
$460,000
$368,000 by Loandepot.com Llc
Mortgage Due Apr 01, 2049
2540 Sandy Creek Lane has been categorized by the local assessors in The Colony, TX as a residential type of property. The building on the property was first built in 2018 and is 6 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2540 Sandy Creek Lane has 2,296 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,884 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 576 sqft. According to our sources, there are a total of 4 available parking spaces. Residents will have the luxury of enjoying a unknown. The building has a hip 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, 2540 Sandy Creek Lane sold most recently in Aug 28, 2020 for a total of $379,100. If you work out the math, that's approximately a cost of $132.00 per sqft. Before that, the property was also sold for $460,000 in Mar 29, 2019. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $11,100 in taxes each year. 2540 Sandy Creek Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $566,454. If we break it down further, the land itself was valued at $182,199. Improvements to the property, however, were assessed at a total of $493,801. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

Condition

New Construction

Exterior

Brick Exterior
Stone Exterior

Parking

Garage Parking
Open Parking
Oversized Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • 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 Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 576
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 7,884
  • Total Building Area: 2,872
  • Gross Building Area: 2,872
  • Building Area: 2,296
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,296
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: AUSTIN WATERS EAST PHASE 1
  • Land Acres: 0.181
  • Standard Land Use Code: Single family residential
  • Legal Description 1: AUSTIN WATERS EAST PHASE 1 BLK E LOT 13

Ownership

  • Current Owner : COTTEN JEREMY
  • Current Owner 2: COTTEN NGOC LAN
  • Previous Owner : COTTEN JEREMY
  • Previous Owner 2: COTTEN NGOC LAN
  • Owner Before Previous Owner: MERITAGE HOMES OF TEXAS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lewisville Independent School District
  • Census Tract: 021655

Geography

  • Parcel: R661691
  • Block: E
  • Lot: 13
  • Municipality: THE COLONY
  • Latitude: 33.053
  • Longitude: -96.8598

    Address

  • Full Address: 2540 Sandy Creek Ln
  • Address - House Number: 2540
  • Address - Street Name: Sandy Creek
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: The Colony
  • Carrier Code: R080
  • 4-Digit Zip Code: 4349
  • Zip Code: 75056

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,100
  • Tax Rate Code Area: S09

    Appraisal Valuation

  • Standard Deviation: 0.2011
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 644,870
  • High Value: 774,601
  • Low Value: 515,140

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $303,275
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Sep 04, 2020
  • First Open Lien Mortgage Loan Amount: $303,275
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2035

    Market Valuation

  • Market Total Value: $676,000
  • Market Land Value: $182,199
  • Market Improvement Value: $493,801

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $566,454
  • Assessed Land Value: $182,199
  • Assessed Improvements Value: $493,801

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 28, 2020
  • Current Sale Recording Date: Sep 04, 2020
  • Current Sale Transaction ID: 11788216331
  • Current Sale Price: $379,100
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2020-137925
  • Previous Sale Recording Date: Apr 03, 2019
  • Previous Sale Contract Date: Mar 29, 2019
  • Previous Sale Amount: $460,000
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Sep 04, 2020
  • First Mortgage Loan Amount: $303,275
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: LOANDEPOT.COM LLC
  • Previous Mortgage Transaction Date: Apr 03, 2019
  • Previous Mortgage Loan Amount: $368,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2049

About The Colony



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Frequently Asked Questions

What neighborhood is 2540 Sandy Creek Lane located in?
The 2540 Sandy Creek Lane is a house located in the neighborhood of Carrollton in The Colony, The Colony.
What is the average sales price for listings in 2540 Sandy Creek Lane?
The average sales price for units in 2540 Sandy Creek Lane is $0 currently.

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