NOT LISTED FOR SALE

Estimated Value: $489,000 - $553,000

6 Beds
4 Baths
3,718 Sq Ft
$140/Sq Ft Est. Value

Last Sold August 14, 2023

Current estimated payment $3,779/month

115 Days on Market

Highlights

  • Traditional Architecture
  • 2 Fireplaces
  • Game Room
  • Austin Parkway Elementary School Rated A
  • Granite Countertops
  • Community Pool

About This Home

As of August 2023

REDUCED! DON'T MISS OUT! Immaculately maintained spacious home! 6 Bedrooms with two located downstairs, 4 FULL bathrooms, 3 car garage. This home can accommodate just about any need! Beautiful, grand exterior that welcomes you into the two story entry and formal living room. Iron railing staircase adds to the drama of this home. Generous size formal dining room featuring a stunning scrolled iron doorway. The family room and adjacent kitchen with large breakfast area allow for more gathering space, stainless appliances, granite countertops. The spacious master is located on the first floor as well as another bedroom, currently used as on office. Game room, 4 additional bedrooms and large laundry room located upstairs. The back yard is beautifully landscaped and ready to enjoy. Move In Ready! Zoned to top rated Fort Bend ISD schools, easy access to Highway 6, Fort Bend Tollway, great shopping and restaurants within minutes. It doesn't get better than this!

Last Agent to Sell the Property

Diana Miller

Galveston Home Team License #0382606 Listed on: 04/06/2023

Last Buyer's Agent

Nusrat Ghafoor

Walzel Properties - Katy License #0637150

Walzel Properties - Katy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,519

Year Built

  • Built in 1999

Lot Details

  • 9,314 Sq Ft Lot

HOA Fees

  • $49 Monthly HOA Fees

Parking

  • 3 Car Detached Garage

Home Design

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

Interior Spaces

  • 3,718 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Game Room
  • Utility Room

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms
  • Double Vanity

Schools

  • Austin Parkway Elementary School
  • First Colony Middle School
  • Elkins High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Exclusions: Drapes all upstairs, master bath

Community Details

Overview

  • Association fees include recreation facilities
  • Colony Lakes/Crest Mgmt Association, Phone Number (281) 945-4615
  • Colony Lakes Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,519

Year Built

Built in 1999

Lot Details

0

HOA Fees

$49 per month

Parking

3

Listing Details

  • Directions: From Hwy 6 S, rt on University Blvd, left on Glenn Lakes, Rt on Colony Bay, rt on Belmont, rt on Caravel Ln.
  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Building Stories: 2
  • Year Built: 1999
  • Lot Size Acres: 0.2138
  • Subdivision Name: Colony Lakes
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Oven, Gas Cooktop, Disposal, Microwave
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Granite Counters, Kitchen Island
  • Living Area: 3718.0
  • Dining Room Type: Breakfast Room/Nook, Dining Room, Family Room, Game Room, Living Room, Utility Room
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Seller Disclosure
  • Exclusions: Drapes all upstairs, master bath
  • Roof: Composition
  • Lot Features: Subdivision
  • Pool Private: No
  • Construction Type: Brick, Wood Siding
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Community Pool
  • Association Fee: 590.0
  • Association Fee Frequency: Annually
  • Association Name: Colony Lakes/Crest Mgmt
  • Phone: 281-945-4615
  • Association: Yes

Fee Information

  • Association Fee Includes: Recreation Facilities

Schools

  • Elementary School: AUSTIN PARKWAY ELEMENTARY SCHOOL
  • Junior High Dist: 19 - Fort Bend
  • High School: ELKINS HIGH SCHOOL
  • Middle Or Junior School: FIRST COLONY MIDDLE SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9519.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2023
Closed on
Aug 14, 2023
Sold by
Charles And Cheri Payne Revocable Trust
Bought by
Soomro Kashif Ali
Seller's Agent
Diana Miller
Galveston Home Team
Buyer's Agent
Nusrat Ghafoor
Walzel Properties - Katy
List Price
$574,900
Views
350
Current Estimated Value
$519,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.13%
Original Mortgage
$472,150
Outstanding Balance
$461,658
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$57,553

Purchase Details

Closed on
Oct 18, 2021
Sold by
Payne Cheri L
Bought by
Payne Charles Alvis and Payne Cheri Lynette

Purchase Details

Closed on
Mar 29, 2000
Sold by
Brighton Homes Ltd
Bought by
Payne Cheri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,650
Interest Rate
8.37%

Purchase Details

Closed on
Nov 16, 1999
Sold by
Colony Bay Ltd
Bought by
Brighton Homes Ltd
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
Soomro Kashif Ali -- None Listed On Document
Payne Charles Alvis -- None Available
Payne Cheri L -- Alamo Title 28
Brighton Homes Ltd -- Alamo Title 28
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soomro Kashif Ali $472,150
Previous Owner Payne Charles $184,000
Previous Owner Payne Charles $184,000
Previous Owner Payne Cheri L $172,650
Closed Payne Cheri L $21,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2023 08/14/23 Sold -- -- --
07/31/2023 07/31/23 Pending -- -- --
07/28/2023 07/28/23 Price Changed $499,000 -4.0% $134 / Sq Ft
07/03/2023 07/03/23 Price Changed $520,000 -5.3% $140 / Sq Ft
06/14/2023 06/14/23 Price Changed $549,000 -2.8% $148 / Sq Ft
05/24/2023 05/24/23 Price Changed $564,900 -1.7% $152 / Sq Ft
04/06/2023 04/06/23 For Sale $574,900 -- $155 / Sq Ft
Source: Houston Association of REALTORS®

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 $11,073 $455,059 $59,800 $395,259
2024 $11,073 $454,570 $59,800 $394,770
2023 $8,031 $365,442 $0 $410,417
2022 $8,467 $332,220 $0 $380,690
2021 $9,544 $302,020 $46,000 $256,020
2020 $9,486 $291,710 $46,000 $245,710
2019 $10,234 $299,740 $46,000 $253,740
2018 $10,398 $306,790 $46,000 $260,790
2017 $10,864 $321,950 $46,000 $275,950
2016 $10,509 $311,430 $46,000 $265,430
2015 $6,392 $284,420 $46,000 $238,420
2014 $5,997 $258,560 $46,000 $212,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 26358138

Houston Association of REALTORS®

APN: 2605-06-001-0110-907