NOT LISTED FOR SALE

5541 King Dr the Colony, TX 75056

Estimated Value: $313,000 - $362,162

4 Beds
2 Baths
1,949 Sq Ft
$175/Sq Ft Est. Value

Last Sold October 16, 2023

Current estimated payment $2,401/month

91 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Private Yard
  • The Colony High School Rated A-
  • Granite Countertops
  • Enclosed Patio or Porch

About This Home

As of October 2023

Great home for the money. Garage was converted to provide an additional bedroom or a large game room. Separate room just off family would make a wonderful in-home office! The back porch was inclosed and is heated and cooled with large windows to allow plenty of light to fill your home. In the nice size back yard, you will also find a covered patio for entertaining and a separated building set up as a man cave or she shed. This building is 26x15 allowing enough room to create anything you can image!! A great area to entertain in. The backyard has been fenced for privacy giving you space for your kids, animals or entertaining. Hurry, this awesome jewell will not last long!

Last Agent to Sell the Property

Gina Wilson

Ebby Halliday, REALTORS Brokerage Phone: 817-481-5882 License #0673814 Listed on: 06/15/2023

Ebby Halliday, REALTORS

Last Buyer's Agent

Matt Norton

Janus Real Estate Group License #0548279

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,491

Year Built

  • Built in 1974

Lot Details

  • 6,621 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Few Trees
  • Private Yard
  • Large Grassy Backyard

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,949 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wood Burning Fireplace
  • Decorative Fireplace
  • Living Room with Fireplace

Kitchen

  • Electric Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Enclosed Patio or Porch
  • Outdoor Storage

Schools

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

Utilities

  • Individual Gas Meter
  • High Speed Internet
  • Cable TV Available

Community Details

  • Colony 14 Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / 88
  • Assessor Parcel Number R03087
  • $5,038 per year unexempt tax

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,491

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structural Style: Single Detached
  • Unit Levels: One
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Attribution Contact: 817-481-5882
  • Special Features: None

Interior Features

  • Square Footage: 1949.00
  • Fireplace Features: Decorative, Living Room, Wood Burning
  • Interior Amenities: Cable TV Available, Granite Counters, High Speed Internet Available, Open Floorplan
  • Appliances: Dishwasher, Disposal, Electric Range, Refrigerator
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 2
  • Room Count: 8

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Fencing: Wood
  • Exterior Features: Covered Patio/Porch, Private Yard, Storage
  • Patio And Porch Features: Covered, Enclosed, Glass Enclosed, Patio, Rear Porch

Garage/Parking

  • Parking Features: Driveway, No Garage
  • GarageYN: No

Utilities

  • Utilities: Cable Available, City Sewer, City Water, Curbs, Electricity Connected, Individual Gas Meter, Individual Water Meter, Sidewalk

Condo/Co-op/Association

  • Association Type: None

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Few Trees, Landscaped, Lrg. Backyard Grass
  • Lot Size Units: Acres
  • Lot Size Area: 0.1520
  • Parcel Number: R03087
  • Lot Size Acres: 0.1520
  • Lot Size Sq Ft: 6621.1200

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1974

Tax Info

  • Unexempt Taxes: 5038
  • TaxBlock: 88
  • Tax Lot: 6

MLS Schools

  • Middle School Name: Griffin
  • Elementary School Name: Peters Colony
  • High School Name: The Colony

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Oct 16, 2023
Sold by
Werstein Richard F
Bought by
Carroll Lincoln and Carroll Kristine
Seller's Agent
Gina Wilson
Ebby Halliday, REALTORS
Buyer's Agent
Matt Norton
Janus Real Estate Group
List Price
$374,500
Views
275
Current Estimated Value
$342,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.49%
Original Mortgage
$238,920
Outstanding Balance
$234,705
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$107,067

Purchase Details

Closed on
May 6, 2015
Sold by
Krohn Dylan J and Krohn Shanda
Bought by
Werstein Richard F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2015
Sold by
Krohn Strohsanne M
Bought by
Krohn Dylan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2005
Sold by
Mauldin Joe N and Mauldin Janice
Bought by
Krohn Dylan J and Krohn Strohsanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,200
Interest Rate
9%
Mortgage Type
Purchase Money Mortgage
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
Carroll Lincoln -- None Listed On Document
Werstein Richard F -- Chicago Title
Krohn Dylan J -- Chicago Title
Krohn Dylan J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carroll Lincoln $238,920
Previous Owner Werstein Richard F $128,000
Previous Owner Krohn Dylan J $85,200
Previous Owner Mauldin Joe N $81,900
Previous Owner Mauldin Joe N $82,400
Previous Owner Mauldin Joe Neil $23,000
Closed Krohn Dylan J $21,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Sold -- -- --
09/14/2023 09/14/23 Pending -- -- --
08/18/2023 08/18/23 Price Changed $344,900 -5.4% $177 / Sq Ft
07/11/2023 07/11/23 Price Changed $364,500 -2.7% $187 / Sq Ft
06/15/2023 06/15/23 For Sale $374,500 -- $192 / 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 $6,491 $327,642 $66,000 $261,642
2024 $6,491 $334,494 $66,000 $268,494
2023 $5,585 $285,000 $64,623 $220,377
2022 $5,038 $240,000 $66,000 $174,000
2021 $4,455 $200,000 $40,854 $159,146
2020 $4,223 $190,000 $40,854 $149,146
2019 $4,362 $190,000 $40,854 $149,146
2018 $3,812 $165,000 $40,854 $124,146
2017 $3,037 $130,000 $40,854 $89,146
2016 $3,334 $142,741 $23,100 $119,641
2015 $2,215 $110,694 $23,100 $92,242
2014 $2,215 $100,631 $23,100 $77,531
2013 -- $95,426 $23,100 $72,326
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20357140

North Texas Real Estate Information Systems (NTREIS)

APN: R03087