NOT LISTED FOR SALE

2702 Cottonwood Ln Colleyville, TX 76034

Estimated Value: $1,079,000 - $1,178,000

5 Beds
4.5 Baths
4,364 Sq Ft
$261/Sq Ft Est. Value

Last Sold February 09, 2024

Current estimated payment $6,437/month

120 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Wood Flooring
  • O.C. Taylor Elementary School Rated A
  • Traditional Architecture
  • 2 Fireplaces

About This Home

As of February 2024

Magnificent one and a half story five bedroom home located in coveted Summertree along the canal. Homes along the canal don't come up for sale often! Sit outside and enjoy the beautiful view! This gorgeous home has everything on your list including a large eat-in kitchen with an island, white cabinets, granite countertops and stainless steel appliances that's open to the family room. Formal dining and living are perfect for entertaining. All bedrooms are downstairs. The primary bedroom is Texas sized with a great ensuite bath and a large closet for two. There is a perfect mother in law suite for guests. Two rooms with J&J. Upstairs you will find a huge game room with a balcony, half bath and two bonus rooms that would be great for a private office or even a media room. Beautiful backyard with pergola, pool and fire pit area. Walk with neighbors just across the street to O.C. Taylor Elementary. Enjoy walking trails, tennis and a private park. Roof was just replaced mid September 2023.

Last Agent to Sell the Property

Dotty Ponder

Keller Williams Realty Brokerage Phone: 817-729-3482 License #0640939 Listed on: 09/16/2023

Keller Williams Realty

Last Buyer's Agent

Nimesh Buddhacharya

Yeti Property Management License #0776705

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,010

Year Built

  • Built in 1990

Lot Details

  • 0.35 Acre Lot
  • Waterfront
  • Wrought Iron Fence
  • Wood Fence
  • Interior Lot
  • Irregular Lot

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Multiple Garage Doors

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 4,364 Sq Ft Home
  • 1.5-Story Property
  • Open Floorplan
  • 2 Fireplaces
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Laundry in Utility Room

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • In-Law or Guest Suite

Pool

  • Gunite Pool
  • Pool Sweep

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Taylor Elementary School
  • Colleyville Heritage High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include management, ground maintenance
  • Summertree HOA
  • Summertree Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 11 / 3
  • Assessor Parcel Number 06303609

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,010

Year Built

Built in 1990

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional, Detached
  • Unit Levels: One and One Half
  • Year Built Details: Preowned
  • Attribution Contact: 817-729-3482
  • Co List Office Mls Id: KWMC01SL
  • Structure Type: House
  • Special Features: VirtualTour
  • Year Built: 1990

Interior Features

  • Square Footage: 4364.0
  • Fireplace Features: Gas, Gas Log, Masonry
  • Interior Amenities: Eat-in Kitchen, Granite Counters, High Speed Internet, In-Law Floorplan, Kitchen Island, Open Floorplan, Pantry, Cable TV
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Appliances: Double Oven, Dishwasher, Electric Cooktop, Electric Oven, Disposal, Gas Water Heater, Microwave
  • Basement YN: No
  • Fireplaces: 2

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Foundation: Slab
  • Community Features: Curbs
  • Fencing: Wood, Wrought Iron
  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Balcony
  • Pool Features: Gunite, Outdoor Pool, Pool, Pool Sweep
  • Waterfront: Yes
  • Patio And Porch Features: Covered, Balcony
  • RoadFrontageType: All Weather Road

Garage/Parking

  • Cooling System: Central Air
  • Garage Spaces: 3.0
  • Total Covered Spaces: 3.0
  • Parking Features: Door-Multi, Door-Single
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • LaundryFeatures: Laundry in Utility Room
  • Utilities: Electricity Connected, Sewer Available, Cable Available
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Association Management, Maintenance Grounds
  • Association Fee: 600.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Summertree HOA

Schools

  • Elementary School: Taylor
  • High School: Colleyville Heritage
  • Junior High Dist: Grapevine-Colleyville ISD

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Features: Interior Lot, Irregular Lot
  • Lot Size Units: Acres
  • Lot Size Area: 0.352
  • Parcel Number: 06303609
  • Lot Size Acres: 0.352
  • Lot Size Sq Ft: 15333.12

Building Info

  • Year Built: 1990
  • SeniorCommunityYN: No

Tax Info

  • TaxBlock: 3
  • Tax Lot: 11
  • Tax Annual Amount: 16010.0

Multi Family

  • WaterfrontFeatures: Canal Access

MLS Schools

  • MiddleOrJuniorSchool: Colleyville

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2023
Closed on
Feb 8, 2024
Sold by
Guruprasad Alexander G and Guruprasad Dana
Bought by
Khanal Bilcram
Seller's Agent
Dotty Ponder
Keller Williams Realty
Buyer's Agent
Nimesh Buddhacharya
Yeti Property Management
List Price
$1,200,000
Views
186
Current Estimated Value
$1,139,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.33%
Original Mortgage
$766,550
Outstanding Balance
$753,003
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$386,192

Purchase Details

Closed on
Mar 19, 2015
Sold by
Gomes A Tracy and Gomes Nancy K
Bought by
Guruprasad Alexander G and Guruprasad Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2005
Sold by
Kohm David S and Kohm Stacy M
Bought by
Gomes A Tracy and Gomes Nancy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
5.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 9, 2000
Sold by
Prince William J and Prince Jeannine L
Bought by
Kohm David S and Kohm Stacy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.21%

Purchase Details

Closed on
Apr 24, 1998
Sold by
Storebeck Christopher K and Storbeck Joanne E
Bought by
Prince William J and Prince Jeannine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7.09%

Purchase Details

Closed on
Feb 16, 1995
Sold by
Prudential Relocation Management
Bought by
Storbeck Christopher K and Storbeck Joanne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
8%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Khanal Bilcram -- Fidelity National Title
Guruprasad Alexander G -- None Available
Gomes A Tracy -- Fnt
Kohm David S -- First American Title Co
Prince William J -- Safeco Land Title Co
Storbeck Christopher K -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khanal Bilcram $766,550
Previous Owner Guruprasad Alexander G $80,000
Previous Owner Gomes A Tracy $348,000
Previous Owner Kohm David S $200,000
Previous Owner Prince William J $225,000
Previous Owner Storbeck Christopher K $228,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2024 02/09/24 Sold -- -- --
01/21/2024 01/21/24 Pending -- -- --
11/03/2023 11/03/23 Price Changed $1,075,000 -4.4% $246 / Sq Ft
09/29/2023 09/29/23 Price Changed $1,125,000 -6.3% $258 / Sq Ft
09/22/2023 09/22/23 For Sale $1,200,000 -- $275 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

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 $3,994 $990,967 $175,750 $815,217
2024 $3,994 $990,967 $175,750 $815,217
2023 $15,041 $1,067,108 $175,750 $891,358
2022 $15,557 $816,757 $175,750 $641,007
2021 $16,183 $736,910 $125,000 $611,910
2020 $15,236 $693,639 $125,000 $568,639
2019 $14,411 $623,331 $125,000 $498,331
2018 $3,931 $661,204 $125,000 $536,204
2017 $16,553 $702,618 $125,000 $577,618
2016 $15,048 $636,965 $125,000 $511,965
2015 $10,508 $462,000 $65,000 $397,000
2014 $10,508 $462,000 $65,000 $397,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20432642

North Texas Real Estate Information Systems (NTREIS)

APN: 06303609