NOT LISTED FOR SALE

5109 Preservation Ave Colleyville, TX 76034

Estimated Value: $879,000 - $1,296,000

5 Beds
6 Baths
4,494 Sq Ft
$251/Sq Ft Est. Value

Last Sold August 31, 2020

Current estimated payment $6,617/month

64 Days on Market

Highlights

  • Heated Pool and Spa
  • Gated Community
  • Vaulted Ceiling
  • Bransford Elementary School Rated A
  • Community Lake
  • Traditional Architecture

About This Home

As of August 2020

Enjoy all the benefits of energy efficiency & updates in a newer home without the wait to build! One of the best locations in Colleyville minutes from shopping, dining & award winning schools including Colleyville Middle. The layout is open, light & bright with a great room concept including a kitchen island large enough to accommodate a crowd. Luxury kitchen includes custom cabinetry, huge WI pantry, high end apps with double ovens & gas cooktop. Guest suite secluded from main living space with private entrance from garage. $80k sparkling pool along with gorgeous landscape for easy breezy summer days. Low maintenance living with plenty of space for Family & Friends. Please see the 3D virtual tour!

Last Agent to Sell the Property

Sue Wykes

Coldwell Banker Realty License #0643098 Listed on: 05/28/2020

Coldwell Banker Realty

Last Buyer's Agent

Alice Wu

Sunet Group License #0641361

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,546

Year Built

  • Built in 2015

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 145x60
  • Wrought Iron Fence
  • Wood Fence
  • Landscaped
  • Sprinkler System
  • Few Trees

HOA Fees

  • $171 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 4,494 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Dry Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Decorative Lighting
  • Heatilator
  • Decorative Fireplace
  • ENERGY STAR Qualified Windows
  • Window Treatments
  • Full Size Washer or Dryer

Kitchen

  • Double Oven
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Home Security

  • Burglar Security System
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Energy-Efficient Doors
  • Energy-Efficient Thermostat

Pool

  • Heated Pool and Spa
  • Heated In Ground Pool
  • Gunite Pool
  • Saltwater Pool
  • Pool Water Feature
  • Pool Sweep

Outdoor Features

  • Covered Patio or Porch

Schools

  • Bransford Elementary School
  • Colleyvill Middle School
  • Heritage High School

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 27 / A
  • Assessor Parcel Number 42005904
  • $16,021 per year unexempt tax

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure, management fees
  • Terra HOA, Phone Number (817) 410-9201
  • The Preservation Subdivision
  • Mandatory home owners association
  • Community Lake

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,546

Year Built

Built in 2015

Lot Details

0

HOA Fees

$171 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structural Style: Single Detached
  • Unit Levels: Two
  • Security: Burglar, Carbon Monoxide Detector(s), Security Lights, Security System, 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
  • Ratio Current Price By Building: 166.88919
  • Special Features: None
  • Year Built: 2015

Interior Features

  • Square Footage: 4494.00
  • Windows: Window Coverings
  • Fireplace Features: Decorative, Heatilator
  • Interior Amenities: Cable TV Available, Decorative Lighting, Dry Bar, High Speed Internet Available, Vaulted Ceiling(s), Wet Bar
  • Flooring: Carpet, Ceramic Tile, Wood
  • Appliances: Dishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Microwave, Plumbed for Ice Maker, Gas Water Heater
  • Fireplaces: 1
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 4
  • Room Count: 11

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5

Exterior Features

  • Easements: Utilities
  • Pool: Yes
  • Foundation: Slab
  • Community Features: Gated, Lake
  • Fencing: Wrought Iron, Wood
  • Roof: Composition
  • Soil Type: Unknown
  • Construction Materials: Brick, Rock/Stone, Wood
  • Exterior Features: Covered Patio/Porch
  • Pool Features: Gunite, Heated, In Ground, Pool/Spa Combo, Salt Water, Pool Sweep, Water Feature
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Garage Spaces: 3
  • Total Covered Spaces: 3
  • Parking Features: 2-Car Single Doors, Garage Door Opener, Garage
  • GarageYN: Yes

Utilities

  • Heating: Central, Natural Gas
  • LaundryFeatures: Full Size W/D Area
  • Utilities: City Sewer, City Water, Curbs

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Maintenance Structure, Management Fees
  • Association Fee: 2050
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: Terra
  • HOA Management Company: 8174109201

Schools

  • School District: Grapevine-Colleyville ISD
  • Elementary School: Bransford
  • Middle School: Colleyvill
  • High School: Heritage
  • School District: Grapevine-Colleyville ISD
  • Elementary School: Bransford
  • High School: Heritage

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Few Trees, Landscaped, Sprinkler System, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 0.2000
  • Lot Size: 145x60
  • Parcel Number: 42005904
  • Lot Size Acres: 0.2000
  • Lot Size Sq Ft: 8712.0000

Green Features

  • Efficiency: Appliances, Doors, HVAC, Insulation, Thermostat, Windows
  • Smart Home Features Appor Pass Y: No
  • Green Verification Count: 2

Building Info

  • Year Built: 2015

Tax Info

  • Unexempt Taxes: 16021
  • TaxBlock: A
  • Tax Lot: 27

MLS Schools

  • MiddleOrJuniorSchool: Colleyvill
  • Middle School Name: Colleyvill
  • Elementary School Name: Bransford
  • High School Name: Heritage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2020
Closed on
Aug 31, 2020
Sold by
Barnes Kenneth M and Barnes Jennifer D
Bought by
Zhang Liwei and Pan Chenyun
Seller's Agent
Sue Wykes
Coldwell Banker Realty
Buyer's Agent
Alice Wu
Sunet Group
List Price
$760,000
Current Estimated Value
$1,128,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%
Original Mortgage
$500,000
Outstanding Balance
$359,368
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$754,034

Purchase Details

Closed on
Jul 28, 2016
Sold by
K Hovnanian Homes Dfw Llc
Bought by
Barnes Kenneth M and Barnes Jennifer D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$542,200
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2016
Sold by
Cdcg 3 Hov Portfolio Lp
Bought by
K Hovnanian Homes Dfw Llc
Source: Public Records

Range of Values:

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Average Value
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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
Zhang Liwei -- Itc
Barnes Kenneth M -- None Available
K Hovnanian Homes Dfw Llc -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Liwei $500,000
Previous Owner Barnes Kenneth M $79,000
Previous Owner Barnes Kenneth M $542,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold -- -- --
07/31/2020 07/31/20 Pending -- -- --
07/25/2020 07/25/20 For Sale $760,000 0.0% $169 / Sq Ft
07/17/2020 07/17/20 Off Market -- -- --
06/24/2020 06/24/20 Price Changed $760,000 -0.7% $169 / Sq Ft
05/28/2020 05/28/20 For Sale $765,000 -- $170 / 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
2024 $3,546 $1,053,128 $175,000 $878,128
2023 $13,357 $967,190 $125,000 $842,190
2022 $13,765 $719,850 $125,000 $594,850
2021 $14,871 $677,183 $125,000 $552,183
2020 $16,021 $721,000 $125,000 $596,000
2019 $16,670 $721,000 $125,000 $596,000
2018 $4,286 $721,000 $125,000 $596,000
2017 $16,012 $677,750 $75,000 $602,750
2016 $7,071 $299,307 $75,000 $224,307
2015 -- $55,500 $55,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14350955

North Texas Real Estate Information Systems (NTREIS)

APN: 42005904