NOT LISTED FOR SALE

7507 Colgate Ave Dallas, TX 75225

Estimated Value: $1,644,000 - $2,112,000

2 Beds
2 Baths
2,732 Sq Ft
$671/Sq Ft Est. Value

Last Sold November 15, 2022

Current estimated payment $12,029/month

2 Days on Market

Highlights

  • Built-In Refrigerator
  • Traditional Architecture
  • 3 Fireplaces
  • Open Floorplan
  • Wood Flooring
  • Granite Countertops

About This Home

As of November 2022

Expanded and sophisticated cottage in Highland Park ISD. The classic 1950's 3 bedroom home was renovated to retain its charm while providing the ease and spaces for today's living. Included is now a stunning main living and dining area and over-the-top custom kitchen. The first floor primary bedroom has its own private sitting area and fireplace. The second-floor space was added to allow 2 more bedrooms. It is currently a large guest room and secondary living and office space, a large walk-in closet plus another bonus office or craft room. One of the additions included adding a charming screen porch on the back of the main living and dining area. And most recently, a new large 2 car garage was built with an oversized “pavered” driveway which serves as a secondary courtyard patio and outdoor entertaining space. Throughout the home are a multitude of closets and storage. The matured landscaping and trees nestle this home in one of the city's premier school distrcts and neighborhoods.

Last Agent to Sell the Property

Jeffrey Lester

Compass RE Texas, LLC. License #0530996 Listed on: 10/17/2022

Compass RE Texas, LLC.

Co-Listed By

Holly Bock

Compass RE Texas, LLC. License #0400308

Last Buyer's Agent

Shirley Cohn

Allie Beth Allman & Assoc. License #0543325

Allie Beth Allman & Assoc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,558

Year Built

  • Built in 1952

Lot Details

  • 8,756 Sq Ft Lot
  • Lot Dimensions are 60 x 146
  • Wood Fence
  • Aluminum or Metal Fence
  • Landscaped
  • Interior Lot
  • Sprinkler System

Parking

  • 2-Car Garage with two garage doors
  • Electric Gate

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 2,732 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Central Vacuum
  • Sound System
  • Decorative Lighting
  • 3 Fireplaces
  • Gas Log Fireplace
  • Plantation Shutters
  • Burglar Security System

Kitchen

  • Convection Oven
  • Built-In Gas Range
  • Warming Drawer
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Cedar Closet
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Courtyard
  • Covered Patio or Porch
  • Exterior Lighting
  • Mosquito Control System

Schools

  • Michael M Boone Elementary School
  • Highland Park Middle School
  • Mcculloch Middle School
  • Highland Park

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Caruth Hills 08 Subdivision

Listing and Financial Details

  • Legal Lot and Block 25 / 45450
  • Assessor Parcel Number 00000402379000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,558

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional, Other
  • Structural Style: Single Detached
  • Unit Levels: Two
  • Security: Burglar
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Attribution Contact: 214-814-8100
  • Special Features: None
  • Year Built: 1952

Interior Features

  • Square Footage: 2732.00
  • Windows: Plantation Shutters, Skylights(s), Window Coverings
  • Fireplace Features: Gas Logs
  • Interior Amenities: Cable TV Available, Cedar Closet(s), Central Vacuum, Decorative Lighting, Granite Counters, High Speed Internet Available, Kitchen Island, Open Floorplan, Sound System Wiring, Walk-In Closet(s)
  • Flooring: Carpet, Wood
  • Appliances: Built-in Gas Range, Built-in Refrigerator, Dishwasher, Disposal, Dryer, Microwave, Convection Oven, Tankless Water Heater, Warming Drawer, Washer
  • Basement YN: No
  • Fireplaces: 3
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 2
  • Room Count: 6

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Fencing: Metal, Wood
  • Roof: Composition
  • Construction Materials: Brick, Other
  • Exterior Features: Courtyard, Lighting, Mosquito Mist System
  • Patio And Porch Features: Covered, Front Porch, Patio, Screened

Garage/Parking

  • Cooling System: Central Air
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: 2-Car Double Doors, Electric Gate
  • Attached Garage YN: No
  • GarageYN: Yes

Utilities

  • Heating: Central
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Highland Park ISD
  • Elementary School: Michael M Boone
  • Middle School: Highland Park
  • High School: Highland Park
  • School District: Highland Park ISD
  • Elementary School: Michael M Boone
  • Intermediate School: Mcculloch

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Interior Lot, Landscaped, Sprinkler System
  • Lot Size Units: Acres
  • Lot Size Area: 0.2010
  • Lot Size: 60 X 146
  • Parcel Number: 00000402379000000
  • Lot Size Acres: 0.2010
  • Lot Size Sq Ft: 8755.5600

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1952

Tax Info

  • TaxBlock: 45450
  • Tax Lot: 25

MLS Schools

  • Middle School Name: Highland Park
  • Elementary School Name: Michael M Boone
  • High School Name: Highland Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2022
Closed on
Nov 11, 2022
Sold by
Lee Merwin
Bought by
Judd Matthew William and Judd Mackenzie Taylor
Seller's Agent
Jeffrey Lester
Compass RE Texas, LLC.
Buyer's Agent
Shirley Cohn
Allie Beth Allman & Assoc.
List Price
$1,490,000
Views
15
Current Estimated Value
$1,831,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%
Original Mortgage
$1,421,000
Outstanding Balance
$1,367,011
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$381,965
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
Judd Matthew William -- Title Partners
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Judd Matthew William $1,421,000
Previous Owner Merwin Lee $553,000
Previous Owner Merwin Lee $0
Previous Owner Merwin Lee $938,250
Previous Owner Merwin Lee $282,000
Previous Owner Merwin Lee $146,367
Previous Owner Merwin Lee $168,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2022 11/15/22 Sold -- -- --
10/19/2022 10/19/22 Pending -- -- --
10/17/2022 10/17/22 For Sale $1,490,000 -- $545 / 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 $24,558 $1,510,000 $1,095,000 $415,000
2024 $24,558 $1,510,000 $1,095,000 $415,000
2023 $24,558 $1,428,340 $1,007,400 $420,940
2022 $24,426 $1,020,620 $832,200 $188,420
2021 $22,284 $884,030 $700,800 $183,230
2020 $22,702 $884,030 $700,800 $183,230
2019 $23,592 $884,030 $700,800 $183,230
2018 $21,678 $821,030 $657,000 $164,030
2017 $21,497 $830,030 $657,000 $173,030
2016 $21,497 $830,030 $657,000 $173,030
2015 $11,866 $742,230 $569,400 $172,830
2014 $11,866 $663,040 $481,800 $181,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20188352

North Texas Real Estate Information Systems (NTREIS)

APN: 00000402379000000