NOT LISTED FOR SALE

7112 Jo Will St Colleyville, TX 76034

Estimated Value: $491,000 - $529,000

0.6 Acre
$840,000 Price per Acre
26,136 Sq Ft Lot

Last Sold December 14, 2022

Current estimated payment $2,809/month

77 Days on Market

About This Lot

As of December 2022

LOCATION! LOCATION! LOCATION! LOT HAS BEEN CLEARED AND IS READY TO BUILD YOUR DREAM HOME IN THE HEART OF COLLEYVILLE. THIS SUBDIVISION IS IN TRANSITION TO BECOMING HIGH-END LUXURY WITH SEVERAL HUGE HOMES ALREADY SPRINKLED IN. .6 ACRE OVERSIZED LOT ALLOWS PLENTY OF ROOM TO BUILD AN EXPANSIVE HOME WITH ROOM FOR A POOL. LET YOUR IMAGINATION RUN.

Last Agent to Sell the Property

Rebecca Ringer

The Street Real Estate Company License #0565329 Listed on: 08/30/2022

Last Buyer's Agent

Clay Young

Fathom Realty LLC License #0697501

Fathom Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,838

Year Built

  • Built in 1969

Lot Details

  • 0.6 Acre Lot
  • Interior Lot
  • Few Trees

Schools

  • Colleyville Elementary School
  • Crosstimbe Middle School
  • Heritage High School

Community Details

  • Hall Medlin Surv Abs # 1038 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04505409
  • $5,443 per year unexempt tax

Property Details

Property Type

Land

Est. Annual Taxes

$1,838

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: Deed
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Agricultural Exemption YN: No
  • Attribution Contact: 817-701-4900
  • Special Features: None

Exterior Features

  • Easements: Utilities

Utilities

  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: Plat Approved, Utilities Installed

Schools

  • School District: Grapevine-Colleyville ISD

Lot Info

  • Lot Size: .5 to < 1 Acre
  • Lot Features: Few Trees, Interior Lot
  • Lot Size Units: Acres
  • Lot Size Area: 0.6000
  • Parcel Number: 04505409
  • Lot Size Acres: 0.6000
  • Lot Size Sq Ft: 26136.0000
  • Zoning Description: Residential
  • Present Use: Residential

Building Info

  • Year Built: 1969

Tax Info

  • Unexempt Taxes: 5443

MLS Schools

  • Middle School Name: Crosstimbe
  • Elementary School Name: Colleyville
  • High School Name: Heritage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2022
Closed on
Dec 14, 2022
Sold by
Mihelich Ashley and Mihelich Matthew
Bought by
Young John Clay and Young Laura Mcknight
Seller's Agent
Rebecca Ringer
The Street Real Estate Company
Buyer's Agent
Clay Young
Fathom Realty LLC
List Price
$650,000
Views
15
Current Estimated Value
$504,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.32%
Original Mortgage
$382,500
Outstanding Balance
$335,438
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$168,562

Purchase Details

Listed on
Aug 20, 2021
Closed on
Dec 2, 2021
Sold by
Cheek Kelli Dalyne
Bought by
Mihelich Ashley and Mihelich Matthew
Seller's Agent
John Pollock
Pinnacle Group REALTORS
Buyer's Agent
John Pollock
Pinnacle Group REALTORS
List Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.54%
Original Mortgage
$1,041,250
Interest Rate
3.09%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Young John Clay -- Maverick Title
Mihelich Ashley -- Independence Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young John Clay $382,500
Previous Owner Mihelich Ashley $1,041,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/14/2022 12/14/22 Sold -- -- --
11/15/2022 11/15/22 Pending -- -- --
11/02/2022 11/02/22 Price Changed $485,000 -7.6% $380 / Sq Ft
10/14/2022 10/14/22 Price Changed $525,000 -8.7% $412 / Sq Ft
09/12/2022 09/12/22 Price Changed $575,000 -4.2% $451 / Sq Ft
09/07/2022 09/07/22 Price Changed $600,000 -7.7% $471 / Sq Ft
08/30/2022 08/30/22 For Sale $650,000 +44.4% $510 / Sq Ft
12/02/2021 12/02/21 Sold -- -- -- View Prior Sale
10/05/2021 10/05/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $450,000 -- $353 / 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 $1,838 $560,554 $372,500 $188,054
2024 $1,838 $381,160 $265,000 $116,160
2023 $6,826 $404,632 $265,000 $139,632
2022 $7,372 $373,246 $265,000 $108,246
2021 $5,558 $253,106 $180,000 $73,106
2020 $4,524 $264,659 $180,000 $84,659
2019 $4,279 $292,166 $180,000 $112,166
2018 $488 $168,238 $99,825 $68,413
2017 $3,613 $276,472 $180,000 $96,472
2016 $3,285 $252,407 $177,000 $75,407
2015 $960 $126,400 $75,000 $51,400
2014 $960 $126,400 $75,000 $51,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20151492

North Texas Real Estate Information Systems (NTREIS)

APN: 04505409