NOT LISTED FOR SALE

6525 Terrace Dr the Colony, TX 75056

Estimated Value: $788,487 - $856,000

4 Beds
4 Baths
3,813 Sq Ft
$218/Sq Ft Est. Value

About This Home

This home is located at 6525 Terrace Dr, the Colony, TX 75056 and is currently estimated at $831,622, approximately $218 per square foot. 6525 Terrace Dr is a home located in Denton County with nearby schools including Ethridge Elementary School, Lakeview Middle School, and The Colony High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2019
Sold by
Roberts Gareth and Roberts Destine
Bought by
Lutman John C and Lutman Christine M
Current Estimated Value
$831,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 20, 2007
Sold by
Park Avenue Custom Homes Ltd
Bought by
Collins Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,797
Interest Rate
6.13%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 26, 2006
Sold by
Stewart Peninsula Development Partners
Bought by
Park Avenue Custom Homes Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.36%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Lutman John C -- First Western Title
Collins Michael S -- Capital Title Of Texas Llc
Park Avenue Custom Homes Ltd -- Atc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lutman John C $250,000
Open Lutman John C $467,500
Closed Lutman John C $467,000
Closed Lutman John C $450,000
Previous Owner Collins Michael S $305,630
Previous Owner Collins Michael S $105,797
Previous Owner Collins Michael S $309,900
Previous Owner Park Avenue Custom Homes Ltd $375,000
Source: Public Records

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 $12,790 $809,231 $127,832 $715,552
2024 $14,083 $725,696 $0 $0
2023 $11,730 $659,724 $127,832 $686,066
2022 $12,591 $599,749 $127,832 $618,937
2021 $12,144 $545,226 $85,221 $460,005
2020 $11,392 $512,513 $85,221 $427,292
2019 $11,797 $513,923 $85,221 $428,702
2018 $10,914 $472,417 $85,221 $387,196
2017 $11,090 $474,763 $85,221 $389,542
2016 $10,515 $450,147 $66,283 $383,864
2015 $9,203 $404,291 $66,283 $338,008
2014 $9,203 $389,176 $66,283 $322,893
2013 -- $370,000 $66,938 $303,062
Source: Public Records

Map

Texas Denton County The Colony 75056

6525 Terrace Dr, The Colony, TX

This home is located at 6525 Terrace Dr, the Colony, TX 75056 and is currently estimated at $831,622, approximately $218 per square foot. 6525 Terrace Dr is a home located in Denton County with nearby schools including Ethridge Elementary School, Lakeview Middle School, and The Colony High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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