Check Availability

5413 Merrell Lane

5413 Merrell Lane, The Colony, TX 75056
Property in The Colony
Sold Jul 05, 2012
$208,400
$166,725 by Sfmc Lp
Mortgage Due Jul 01, 2027
Sold Jul 28, 2009
$112,500
$90,000 by Guardian Mortgage Company Inc
Mortgage Due Aug 01, 2039
Local assessors in The Colony, TX have categorized 5413 Merrell Lane as a residential type of property. The home was built in 1983 and is 41 years old. It was most recently renovated and altered in 1995. The property's lot size has been calculated to be 19,200 square feet. The linear feet between the front and back of the lot was measured at 1,600 ft and the front of the lot was measured at 1,200 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5413 Merrell Lane has a total of 2,000 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 143 sqft. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. The building has a gable style roof that was made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5413 Merrell Lane was last sold in Jun 29, 2012 for $208,400. According to our calculations, that's $97.25 per sqft. Prior to that sales transaction, the property was sold for $112,500 in Jul 22, 2009. Current property owners are expected to pay $5,204 in taxes per year. The property on 5413 Merrell Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $265,555. To break that down further, the land itself was valued at $96,000. While improvements to the property were assessed at a total of $310,985. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 143
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,200
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 2,143
  • Gross Building Area: 2,143
  • Building Area: 2,000
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,000
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: COLONY NO 4 SEC A
  • Land Acres: 0.441
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COLONY NO 4 SEC A BLK 5 LOT 40

Ownership

  • Current Owner : DELL MARK L
  • Previous Owner : DICKSON MATTHEW S
  • Previous Owner 2: DICKSON JENNIFER
  • Owner Before Previous Owner: GRACY ROY D
  • Owner Before Previous Owner 2: MAXINE GRACY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lewisville Independent School District
  • Census Tract: 021521

Geography

  • Assessors Map Reference: 599-J
  • Parcel: R14480
  • Block: 5
  • Lot: 40
  • Municipality: CITY OF THE COLONY
  • Latitude: 33.086
  • Longitude: -96.8895

    Address

  • Full Address: 5413 Merrell Ln
  • Address - House Number: 5413
  • Address - Street Name: Merrell
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: The Colony
  • Carrier Code: C010
  • 4-Digit Zip Code: 2269
  • Zip Code: 75056

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,204
  • Tax Rate Code Area: S09

    Appraisal Valuation

  • Standard Deviation: 0.1979
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 473,408
  • High Value: 567,130
  • Low Value: 379,686

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $166,725
  • First Open Lien Mortgage Lender: SFMC LP
  • First Open Lien Mortgage Recording Date: Jul 05, 2012
  • First Open Lien Mortgage Loan Amount: $166,725
  • 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: Jul 01, 2027

    Market Valuation

  • Market Total Value: $406,985
  • Market Land Value: $96,000
  • Market Improvement Value: $310,985

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $265,555
  • Assessed Land Value: $96,000
  • Assessed Improvements Value: $310,985

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 29, 2012
  • Current Sale Recording Date: Jul 05, 2012
  • Current Sale Transaction ID: 1174256902
  • Current Sale Price: $208,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2012-71935
  • Previous Sale Recording Date: Jul 28, 2009
  • Previous Sale Contract Date: Jul 22, 2009
  • Previous Sale Amount: $112,500
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: SFMC LP
  • First Mortgage Transaction Date: Jul 05, 2012
  • First Mortgage Loan Amount: $166,725
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2027

    Previous Mortgages

  • Previous Mortgage Lender: GUARDIAN MORTGAGE COMPANY INC
  • Previous Mortgage Transaction Date: Jul 28, 2009
  • Previous Mortgage Loan Amount: $90,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2039

About The Colony



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 529 Wiltshire Boulevard, Lewisville, TX, 75056

$3,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,847 ft²
529 Wiltshire Boulevard, Lewisville, TX, 75056 Listing by Naima Sumner
Unit for rent at 3370 Nation Drive, Frisco, TX, 75034

$3,650 /mo

  • 4 Beds
  • 2.5 Baths
  • 3,004 ft²
3370 Nation Drive, Frisco, TX, 75034 Listing by Andrew Painter
Unit for rent at 4421 Ballymena Drive, Frisco, TX, 75034

$3,500 /mo

  • 3 Beds
  • 3 Baths
  • 3,085 ft²
4421 Ballymena Drive, Frisco, TX, 75034 Listing by Caroline Rubalcava
Unit for rent at 5548 Big River Drive, The Colony, TX, 75056

$3,300 /mo

  • 5 Beds
  • 3.5 Baths
  • 3,022 ft²
5548 Big River Drive, The Colony, TX, 75056 Listing by Shubhra Bhattacharya
Unit for rent at 2697 Twin Point Drive, Lewisville, TX, 75056

$3,195 /mo

  • 4 Beds
  • 2 Baths
  • 1,957 ft²
2697 Twin Point Drive, Lewisville, TX, 75056 Listing by Amin Barrister
Unit for rent at 3504 Lincoln Drive, Frisco, TX, 75034

$3,200 /mo

  • 3 Beds
  • 2 Baths
  • 2,297 ft²
3504 Lincoln Drive, Frisco, TX, 75034 Listing by Tarun Jindal
Unit for rent at 2716 Safe Harbor Drive, Lewisville, TX, 75056

$3,299 /mo

  • 4 Beds
  • 2.5 Baths
  • 3,283 ft²
2716 Safe Harbor Drive, Lewisville, TX, 75056 Listing by Qiang Meng

Frequently Asked Questions

What neighborhood is 5413 Merrell Lane located in?
The 5413 Merrell Lane is a located in the neighborhood of The Colony in The Colony, The Colony.
What is the average sales price for listings in 5413 Merrell Lane?
The average sales price for units in 5413 Merrell Lane is $0 currently.

Quantcast