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3508 Millbank

3508 Millbank, The Colony, TX 75056
Sold Mar 03, 2015
$521,300
$493,300 by Jpmorgan Chase Bank Na
Mortgage Due Sep 01, 2051
Sold Sep 24, 2008
$507,200
$405,760 by Citimortgage Inc
Mortgage Due Oct 01, 2038
3508 Millbank 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 2008 and is 16 years old. The home has a total of 5 bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3508 Millbank has 4,868 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 16,157 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 665 sqft. According to our sources, there are a total of 4 available parking spaces. Residents will have the luxury of enjoying both a unknown and 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 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. The property was last sold in Feb 25, 2015 for $521,300. That's $94.23 per sqft. Prior to that sales transaction, the property was also sold in Sep 19, 2008 for $507,200. 3508 Millbank was last assessed in 2023. The total value of the property was assessed at $871,200. Specifically, the land the property is located on was valued at $202,628. While improvements on the property were assessed at a total of $882,607. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $17,920. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
Stone Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 2
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 665
  • Parking Space Count: 4
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 16,157
  • Total Building Area: 5,532
  • Gross Building Area: 5,532
  • Building Area: 4,868
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,868
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE GLEN AT TRIBUTE PH 1
  • Land Acres: 0.371
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THE GLEN AT TRIBUTE PH 1 BLK G LOT 3

Ownership

  • Current Owner : STEFFENS CLARK
  • Current Owner 2: STEFFENS STEPHANIE
  • Previous Owner : SOUTHAM MARK J
  • Previous Owner 2: SOUTHAM LINDA
  • Owner Before Previous Owner: SOTHERBY HOMES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Little Elm Independent School District
  • Census Tract: 021534

Geography

  • Assessors Map Reference: 598-B
  • Parcel: R524886
  • Block: G
  • Lot: 3
  • Municipality: THE COLONY
  • Latitude: 33.1087
  • Longitude: -96.9146

    Address

  • Full Address: 3508 Millbank
  • Address - House Number: 3508
  • Address - Street Name: Millbank
  • State: TX
  • City Name: The Colony
  • Carrier Code: R003
  • 4-Digit Zip Code: 6490
  • Zip Code: 75056

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $17,920
  • Tax Rate Code Area: S10

    Appraisal Valuation

  • Standard Deviation: 0.1888
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 1,060,104
  • High Value: 1,260,276
  • Low Value: 859,932

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $493,300
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Aug 30, 2021
  • First Open Lien Mortgage Loan Amount: $493,300
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $1,085,235
  • Market Land Value: $202,628
  • Market Improvement Value: $882,607

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $871,200
  • Assessed Land Value: $202,628
  • Assessed Improvements Value: $882,607

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 25, 2015
  • Current Sale Recording Date: Mar 03, 2015
  • Current Sale Transaction ID: 1150428877
  • Current Sale Price: $521,300
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 2015-020670
  • Previous Sale Recording Date: Sep 24, 2008
  • Previous Sale Contract Date: Sep 19, 2008
  • Previous Sale Amount: $507,200
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: SWBC MORTGAGE CORP
  • First Mortgage Transaction Date: Mar 03, 2015
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2045
  • Second Mortgage Lender: CADENCE BANK NA
  • Second Mortgage Transaction Date: Mar 03, 2015
  • Second Mortgage Loan Amount: $122,000
  • Second Mortgage Terms: 180
  • Second Mortgage Loan Type: Unknown (DEFAULT)
  • Second Mortgage Loan Due Date: Mar 13, 2030

    Previous Mortgages

  • Previous Mortgage Lender: CITIMORTGAGE INC
  • Previous Mortgage Transaction Date: Sep 24, 2008
  • Previous Mortgage Loan Amount: $405,760
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 01, 2038

About The Glen at Tribute



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Frequently Asked Questions

What neighborhood is 3508 Millbank located in?
The 3508 Millbank is a house located in the neighborhood of The Glen at Tribute in The Glen at Tribute, The Colony.
What is the average sales price for listings in 3508 Millbank?
The average sales price for units in 3508 Millbank is $0 currently.

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