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5516 Rutledge Drive

5516 Rutledge Drive, The Colony, TX 75056
House in The Colony
Sold May 26, 2021
$375,300
$263,638 by Mortgage Research Center Llc
Mortgage Due May 01, 2051
Sold Apr 22, 2021
$258,100
$263,638 by Mortgage Research Center Llc
Mortgage Due May 01, 2051
5516 Rutledge Drive in The Colony, TX was first built in 1979 and is 45 years old. Although, the building on the property was most recently renovated and altered in 2000. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 5516 Rutledge Drive has 1,562 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 1,100. In total, the area measurement of the land is 6,600 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 340 sqft. There is one available parking space. The condition of the building has been evaluated as good. The exterior walls of the home are made of brick veneer. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Feb 24, 2021 for $375,300. That's $197.32 per sqft. Prior to that sales transaction, the property was also sold in Apr 21, 2021 for $258,100. 5516 Rutledge Drive was last assessed in 2023. The total value of the property was assessed at $323,539. Specifically, the land the property is located on was valued at $66,000. While improvements on the property were assessed at a total of $257,539. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $6,340. The initial tax year of delinquency was in 2020. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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

Parking

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

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • 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: 340
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,600
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,902
  • Gross Building Area: 1,902
  • Building Area: 1,562
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,562
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: COLONY NO 20
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COLONY NO 20 BLK 138 LOT 5

Ownership

  • Current Owner : HEIMER ROBERT MASON
  • Previous Owner : MCNIEL ROBERT K
  • Owner Before Previous Owner: DICKSON TASHEEM RASHAD ALLAH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lewisville Independent School District
  • Census Tract: 021533

Geography

  • Assessors Map Reference: 599-G
  • Parcel: R01234
  • Block: 138
  • Lot: 5
  • Municipality: CITY OF THE COLONY
  • Latitude: 33.1013
  • Longitude: -96.8713

    Address

  • Full Address: 5516 Rutledge Dr
  • Address - House Number: 5516
  • Address - Street Name: Rutledge
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: The Colony
  • Carrier Code: C027
  • 4-Digit Zip Code: 1312
  • Zip Code: 75056

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,340
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: S09

    Appraisal Valuation

  • Standard Deviation: 0.2075
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 351,574
  • High Value: 424,542
  • Low Value: 278,607

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $263,638
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: Apr 22, 2021
  • First Open Lien Mortgage Loan Amount: $263,638
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $323,539
  • Market Land Value: $66,000
  • Market Improvement Value: $257,539

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $323,539
  • Assessed Land Value: $66,000
  • Assessed Improvements Value: $257,539

    Sales

  • Current Sale Contract Date: Feb 24, 2021
  • Current Sale Recording Date: May 26, 2021
  • Current Sale Transaction ID: 11836475385
  • Current Sale Price: $375,300
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 2021-095057
  • Previous Sale Recording Date: Apr 22, 2021
  • Previous Sale Contract Date: Apr 21, 2021
  • Previous Sale Amount: $258,100
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: EVERETT FINANCIAL INC
  • First Mortgage Transaction Date: May 26, 2021
  • First Mortgage Loan Amount: $300,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • Previous Mortgage Transaction Date: Apr 22, 2021
  • Previous Mortgage Loan Amount: $263,638
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: May 01, 2051

About The Colony



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Frequently Asked Questions

What neighborhood is 5516 Rutledge Drive located in?
The 5516 Rutledge Drive is a house located in the neighborhood of The Colony in The Colony, The Colony.
What is the average sales price for listings in 5516 Rutledge Drive?
The average sales price for units in 5516 Rutledge Drive is $0 currently.

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