2516 Olive Branch Dr the Colony, TX 75056
Oak Hills NeighborhoodEstimated Value: $767,639 - $888,000
3
Beds
2
Baths
3,777
Sq Ft
$220/Sq Ft
Est. Value
About This Home
This home is located at 2516 Olive Branch Dr, the Colony, TX 75056 and is currently estimated at $829,160, approximately $219 per square foot. 2516 Olive Branch Dr is a home with nearby schools including Polser Elementary School, Creek Valley Middle School, and Hebron High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 30, 2016
Sold by
American Legend Homes Llc
Bought by
Varkey Shawn and Varkey Janice
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$287,938
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$543,445
Purchase Details
Closed on
Jul 20, 2015
Sold by
Ch Ph 8 Llc
Bought by
American Legend Homes Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Varkey Shawn | -- | None Available | |
American Legend Homes Llc | -- | Rtt |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Varkey Shawn | $350,000 | |
Previous Owner | American Legend Homes Llc | $240,000 |
Source: Public Records
Tax History Compared to Growth
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $11,225 | $786,500 | $151,450 | $647,550 |
2024 | $12,356 | $715,000 | $151,450 | $563,550 |
2023 | $11,081 | $703,085 | $140,424 | $577,576 |
2022 | $12,129 | $639,168 | $151,450 | $502,668 |
2021 | $13,668 | $581,062 | $104,850 | $476,212 |
2020 | $13,548 | $578,284 | $104,850 | $473,434 |
2019 | $14,300 | $578,219 | $104,850 | $473,369 |
2018 | $13,558 | $532,653 | $104,850 | $427,803 |
2017 | $12,931 | $503,446 | $104,850 | $398,596 |
2016 | $2,693 | $104,850 | $104,850 | $0 |
Source: Public Records
Map
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