NOT LISTED FOR SALE

5264 Reed Dr the Colony, TX 75056

Estimated Value: $371,279 - $386,000

3 Beds
2 Baths
1,946 Sq Ft
$195/Sq Ft Est. Value

Last Sold January 25, 2021

Current estimated payment $2,537/month

68 Days on Market

Highlights

  • Wood Flooring
  • Security System Owned
  • Central Heating and Cooling System
  • B B Owen Elementary School Rated A
  • 1-Story Property
  • 3-minute walk to Dave Cowan Park

About This Home

As of January 2021

BACK ON THE MARKET!!!! Newly Installed Kitchen Island with Tons of Additional Storage. Open Kitchen with granite, overlooks Backyard and Family Room. Large Formal Dining Room Perfect for Extended Family Gatherings. Separate Second Living Space is a BONUS!!! Updated Flooring and Paint. Radiant barrier and sprinkler system. Roof only about a year old. Unique Outside Art Studio, Workshop or Man Cave with Bamboo Flooring and Electric! Super long Covered Patio to enjoy your Texas BBQ's or morning coffee. Neighborhood has Community Park, Playground, and Walking Distance to schools. Minutes from the Aquatic Center, Hawaiian Falls Water Park and Lake Lewisville. Easy Access to Tollway, Restaurants and Entertainment.

Last Agent to Sell the Property

Linda Costner

Fathom Realty LLC License #0655557 Listed on: 10/16/2020

Fathom Realty LLC

Last Buyer's Agent

Nicole Sharp

RE/MAX Associates of Arlington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,675

Year Built

  • Built in 1983

Lot Details

  • 6,621 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,946 Sq Ft Home
  • 1-Story Property
  • Brick Fireplace

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Full Size Washer or Dryer
  • Electric Dryer Hookup

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Schools

  • Owen Elementary School
  • Griffin Middle School
  • The Colony High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Community Details

  • Colony 19 Subdivision

Listing and Financial Details

  • Legal Lot and Block 29 / 128
  • Assessor Parcel Number R13574

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,675

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structural Style: Single Detached
  • Unit Levels: One
  • Security: Fire Alarm, Security System Owned, 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: 136.17677
  • Special Features: None
  • Year Built: 1983

Interior Features

  • Square Footage: 1946.00
  • Fireplace Features: Brick
  • Interior Amenities: High Speed Internet Available
  • Flooring: Carpet, Ceramic Tile, Laminate, Vinyl, Wood
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Plumbed for Ice Maker
  • Fireplaces: 1
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 2
  • Room Count: 6

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Brick

Garage/Parking

  • Cooling System: Central Air, Electric
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: Covered, Garage
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric
  • LaundryFeatures: Electric Dryer Hookup, Full Size W/D Area
  • Utilities: City Sewer, City Water, Concrete, Curbs

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Lewisville ISD
  • Elementary School: Owen
  • Middle School: Griffin
  • High School: The Colony
  • School District: Lewisville ISD
  • Elementary School: Owen
  • High School: The Colony

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Units: Acres
  • Lot Size Area: 0.1520
  • Parcel Number: R13574
  • Lot Size Acres: 0.1520
  • Lot Size Sq Ft: 6621.1200

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1983

Tax Info

  • TaxBlock: 128
  • Tax Lot: 29

MLS Schools

  • MiddleOrJuniorSchool: Griffin
  • Middle School Name: Griffin
  • Elementary School Name: Owen
  • High School Name: The Colony

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Jan 25, 2021
Sold by
Martin Marcie and Mann Marcia
Bought by
South Michael
Seller's Agent
Linda Costner
Fathom Realty LLC
Buyer's Agent
Nicole Sharp
RE/MAX Associates of Arlington
List Price
$274,900
Current Estimated Value
$378,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%
Original Mortgage
$13,010
Interest Rate
2.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2016
Sold by
Wise Lee Allen and Wise Beverly
Bought by
Martin Marcie

Purchase Details

Closed on
Dec 7, 2015
Sold by
Wise Lee Allen
Bought by
Wise Lee Allen and Wise Beverly

Purchase Details

Closed on
Feb 27, 2009
Sold by
Matthews Albert Shane and Matthews Mary Elizabeth
Bought by
Wise Donna

Purchase Details

Closed on
Aug 11, 1994
Sold by
Hud
Bought by
Matthews Albert Shane and Matthews Tamara K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,393
Interest Rate
8.66%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 1, 1994
Sold by
Itt Residential Capital Servicing Corp
Bought by
Hud
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
South Michael -- Fair Texas Title
Martin Marcie -- None Available
Wise Lee Allen -- None Available
Wise Donna -- Landam
Matthews Albert Shane -- --
Hud -- --
Itt Residential Capital Servicing Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed South Michael $13,010
Open South Michael $260,200
Closed South Michael $13,010
Previous Owner Matthews Albert Shane $73,478
Previous Owner Matthews Albert Shane $72,393
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2021 01/25/21 Sold -- -- --
12/23/2020 12/23/20 Pending -- -- --
11/12/2020 11/12/20 Price Changed $269,900 -1.8% $139 / Sq Ft
10/16/2020 10/16/20 For Sale $274,900 -- $141 / 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 $5,675 $319,000 $66,000 $253,000
2024 $6,870 $354,000 $66,000 $288,000
2023 $5,860 $358,846 $66,000 $292,846
2022 $7,265 $346,040 $66,000 $280,040
2021 $5,861 $263,157 $49,830 $213,327
2020 $5,273 $237,205 $49,830 $187,375
2019 $5,431 $236,577 $49,830 $186,747
2018 $4,802 $207,846 $49,830 $158,016
2017 $4,274 $182,972 $45,474 $137,498
2016 $4,227 $154,683 $28,050 $132,258
2015 $2,362 $140,621 $28,050 $123,151
2014 $2,362 $127,837 $28,050 $105,133
2013 -- $116,215 $28,050 $88,165
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14455942

North Texas Real Estate Information Systems (NTREIS)

APN: R13574