NOT LISTED FOR SALE

501 Colleyville Terrace Colleyville, TX 76034

Estimated Value: $616,000 - $647,931

4 Beds
2.5 Baths
2,550 Sq Ft
$248/Sq Ft Est. Value

Last Sold August 11, 2021

Current estimated payment $3,544/month

16 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Covered Patio or Porch
  • Colleyville Elementary School Rated A
  • Corner Lot
  • 2 Car Attached Garage

About This Home

As of August 2021

Create memories in the heart of Colleyville! Lovingly renovated throughout and has space for all your interest. Three living areas, including a large office great for remote work or gameroom. The heart of the home is the open concept kitchen, honed granite counters, induction cooktop and sizable pantry brings modern standards to a classic ranch style. Wood floors throughout the main living area unify the space. The hall bath has bright new cabinetry, double sinks and quartz counters. Main Bedroom Suite has a custom closet, modern bathroom with double sinks and a large walk in shower. Enjoy birds chirping in this shaded expansive yard. Walk to Colleyville El, Library,City Park, and Cottonbelt Trail and more.

Last Agent to Sell the Property

Victor Burns

RE/MAX Trinity License #0456076 Listed on: 06/25/2021

Last Buyer's Agent

Marielle Lugo

Agency Dallas Park Cities, LLC License #0705727

Agency Dallas Park Cities, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,555

Year Built

  • Built in 1967

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 120x168
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Sprinkler System
  • Large Grassy Backyard

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Siding

Interior Spaces

  • 2,550 Sq Ft Home
  • Wired For A Flat Screen TV
  • ENERGY STAR Qualified Windows
  • Window Treatments

Kitchen

  • Electric Range
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Full Size Washer or Dryer
  • Washer and Electric Dryer Hookup

Home Security

  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Rain or Freeze Sensor
  • Energy-Efficient Thermostat

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage
  • Rain Gutters

Schools

  • Colleyville Elementary And Middle School
  • Grapevine High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Overhead Utilities
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Colleyville Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 3
  • Assessor Parcel Number 00575879

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,555

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, Traditional
  • Structural Style: Single Detached
  • Unit Levels: One
  • Security: Carbon Monoxide Detector(s), Fire Alarm, Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Ratio Current Price By Building: 201.96078
  • Special Features: None
  • Year Built: 1967

Interior Features

  • Square Footage: 2550.00
  • Windows: Window Coverings
  • Interior Amenities: Cable TV Available, Flat Screen Wiring, High Speed Internet Available, Smart Home System
  • Flooring: Carpet, Ceramic Tile, Laminate, Wood
  • Appliances: Dishwasher, Disposal, Electric Range, Plumbed for Ice Maker, Gas Water Heater
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 3
  • Room Count: 13

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Easements: Utilities
  • Pool: No
  • Foundation: Slab
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Brick, Siding
  • Exterior Features: Covered Patio/Porch, Rain Gutters, Storage
  • Waterfront: No
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Cooling System: Central Air, Electric, Zoned
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: Garage Door Opener, Garage Faces Front, Other, Oversized
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Natural Gas, Zoned
  • LaundryFeatures: Electric Dryer Hookup, Full Size W/D Area, Washer Hookup
  • Utilities: City Sewer, City Water, Curbs, Overhead Utilities, Sidewalk

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Grapevine-Colleyville ISD
  • Elementary School: Colleyville
  • High School: Grapevine

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Corner Lot, Landscaped, Lrg. Backyard Grass, Sprinkler System
  • Lot Size Units: Acres
  • Lot Size Area: 0.4600
  • Lot Size: 120x168
  • Parcel Number: 00575879
  • Lot Size Acres: 0.4600
  • Lot Size Sq Ft: 20037.6000

Green Features

  • Efficiency: Rain / Freeze Sensors, Thermostat, Windows
  • Smart Home Features Appor Pass Y: Yes

Building Info

  • Year Built: 1967

Tax Info

  • TaxBlock: 3
  • Tax Lot: 1

MLS Schools

  • MiddleOrJuniorSchool: Colleyville
  • Middle School Name: Colleyville
  • Elementary School Name: Colleyville
  • High School Name: Grapevine

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Aug 11, 2021
Sold by
Sandruck Jocelyn M and Sandruck Jonathan W
Bought by
Gwin Lynsey V and Knight Shannon
Seller's Agent
Victor Burns
RE/MAX Trinity
Buyer's Agent
Marielle Lugo
Agency Dallas Park Cities, LLC
List Price
$525,000
Current Estimated Value
$631,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.43%
Original Mortgage
$325,000
Outstanding Balance
$295,526
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$336,440

Purchase Details

Listed on
Jun 25, 2021
Closed on
Aug 1, 2021
Sold by
Sandruck Jocelyn M and Sandruck Jonathan W
Bought by
Gwin Lynsey V and Knight Shannon
Seller's Agent
Victor Burns
RE/MAX Trinity
Buyer's Agent
Marielle Lugo
Agency Dallas Park Cities, LLC
List Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Outstanding Balance
$295,526
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$336,440

Purchase Details

Closed on
Aug 14, 2019
Sold by
Willis Scott A and Willis Mary
Bought by
Willis Scott A and Willis Mary

Purchase Details

Closed on
Oct 31, 2008
Sold by
Tucker Charles
Bought by
Swaim Floyd David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,700
Interest Rate
5.99%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 10, 2005
Sold by
Mcnary John W
Bought by
Tucker Charles and Tucker Luise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,800
Interest Rate
5.51%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 30, 1999
Sold by
Moore Thomas David
Bought by
Mcnary John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,200
Interest Rate
6.94%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gwin Lynsey V -- First American Title
Gwin Lynsey V -- First American Title
Willis Scott A -- None Available
Swaim Floyd David -- None Available
Tucker Charles -- First Land Title
Mcnary John W -- Safeco Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gwin Lynsey V $325,000
Closed Gwin Lynsey V $325,000
Previous Owner Swaim Floyd David $161,700
Previous Owner Tucker Charles $145,800
Previous Owner Mcnary John W $88,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2021 08/11/21 Sold -- -- --
07/19/2021 07/19/21 For Sale $525,000 0.0% $206 / Sq Ft
07/11/2021 07/11/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $525,000 -- $206 / 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 $2,555 $508,000 $232,200 $275,800
2024 $2,555 $529,706 $232,200 $297,506
2023 $10,378 $615,218 $232,200 $383,018
2022 $10,172 $515,058 $232,200 $282,858
2021 $8,684 $437,758 $139,320 $298,438
2020 $7,988 $401,676 $139,320 $262,356
2019 $7,555 $333,000 $80,000 $253,000
2018 $1,766 $297,079 $80,000 $217,079
2017 $6,380 $315,000 $80,000 $235,000
2016 $5,800 $279,926 $80,000 $199,926
2015 $4,974 $223,200 $40,000 $183,200
2014 $4,974 $223,200 $40,000 $183,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14609983

North Texas Real Estate Information Systems (NTREIS)

APN: 00575879