4 months on rocket

5 Colony Park Dr, Galveston, TX, 77551

$952,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
4 Full Baths, 4 Partial
5,719 SqFt
$166/SqFt
House

Location

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5 Colony Park Dr, Galveston$952,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage
Attached Garage1 space
Year Built2002
HeatingCentral, Electric, Natural Gas
CoolingCentral Air, Electric
MLS #55560182
Lot Size0.27 Acres
StatusActive

About 5 Colony Park Dr

Explore this Island estate nestled in esteemed Colony Park! This property boasts an expansive layout that is quite rare for Galveston: 6 bedrooms, 4 full baths, 4 half baths, 4 entertaining spaces, a gym/flex space, and an elevator. The downstairs has several separated spaces including a den, a dining room, a living room, and a very large breakfast nook off the kitchen. Also off the kitchen, is a laundry/mud room — which leads into the flex space (used for years as a gym) and connects to the garage. You’ll also find a private suite with living space, bathroom, kitchenette. Upstairs, the primary impresses with its spaciousness, large closet area, and a custom-built sauna. The second bedroom also offers generous space and en suite bath. The third and fourth bedrooms are connected by a spacious jack and jill bathroom. And lastly upstairs, there is a fifth bedroom perfect for an office if needed. This house is perfect for relaxing and entertaining! Schedule your showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary/Modern
  • Year Built: 2002
  • Stories: 2
  • Living Area: 5,719 SqFt

Listing Office:

  • Office Name: Lee DeForke Jr.
  • Office Phone: (409) 739-1299
  • Listing Agent: Jackson Almon

Interior Features

Interior Information:

  • Appliances: Convection Oven, Dishwasher, Electric Cooktop, Disposal, Ice Maker, Microwave
  • Flooring Type: Carpet, Marble, Tile, Vinyl
  • Interior: Wet Bar, Crown Molding, Dry Bar, Double Vanity, Entrance Foyer, Elevator, Granite Counters, High Ceilings, Pantry, Tub Shower, Vanity, Walk-In Pantry, Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 4
  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fully Fenced, Fence, Handicap Accessible, Private Yard

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Garage

Virtual/3D Tour

  • Virtual Tour: 5 Colony Park Dr
Virtual Tour

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.27 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric, Natural Gas
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: Driving west on Stewart rd turn right onto Colony Park Dr. Drive down Colony Park Dr and the home is the second house on your right past the Dansby Dr intersection.

Price Information

Listing Price Info

Price Summary:

  • List Price: $952,000
  • Price Per SqFt: $166/SqFt

HOA Fees:

  • Amount: $125
  • Frequency: Annually

Tax Information:

  • Annual Amount: $4,886
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Galveston, TX.

Med. Sold Price

$433.1K

Med. Price/SqFt

$328

Avg. Days On Market

83

# of Sold Homes

59

5 Colony Park Dr vs Galveston

143 DAYS ON ROCKET

+60 Days

$952,000

+$518.8K More

$166/SqFt

-$162 Less

KEY TAKEAWAY

This property is $518.8K more than the Median Sold Price and $162/SqFt less than other homes in Galveston, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HAR
  • MLS Number: #55560182

Listing Office:

  • Office Name: Lee DeForke Jr.
  • Office Phone: (409) 739-1299
  • Listing Agent: Jackson Almon

Broker ReciprocityDisclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.

Copyright© 2024 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/22/2024, 2:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,886$440,000
2020$8,388$385,000
2019$8,014$350,000
2018$8,275$324,990
2017$7,433$334,400

History based on county public records data.

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$4,829

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,921

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-498096
6
/10
  • Parker Elementary School of International Studies

  • 6802 Jones Dr

  • 0.47 miles

  • Public District Grades PK-4

school-card-donut-498097
8
/10
  • Oppe Elementary Magnet Campus of Coastal Studies

  • 2915 81st St

  • 0.69 miles

  • Public District Grades PK-4

school-card-donut-498098
4
/10
  • Burnet STREAM Magnet School

  • 5501 Avenue S

  • 1.14 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $87,689. The most common annual income of people living in Galveston, TX is between $35k-100k. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5 Colony Park Dr

What is the listing price of this property?

The listing price of 5 Colony Park Dr property is $952,000.

What type of property is this?

The property 5 Colony Park Dr is a house located in Galveston, Texas, 77551.

Is this property for sale now?

Active Listing: 5 Colony Park Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,886 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5 Colony Park Dr has 6 bedrooms and 4 full and 4 half bathrooms.

What is the square footage of this property?

The property 5 Colony Park Dr is 5,719 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5 Colony Park Dr is 2002.

Rocket HomesTexasGalveston CountyGalveston775515 Colony Park Dr

This home is located at 5 Colony Park Dr in Galveston, TX and zip code 77551 in the Lake Madeline neighborhood. This 5,719 square foot home, which was built in 2002, sits on a 0.27 acre lot. Features: 6 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since July 01, 2024 and is currently priced at $952,000.

While more than 2 listings in Galveston, TX in October 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 52 were sold below. The inventory of homes for sale in Galveston, TX between September 2024 and October 2024 increased by 15.7%. In October 2024, listings were on the market for 83 days. During the same period, the median list price in this real estate market was $433,113.

From Rocket Homes Real Estate and based on county public records data.

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