NOT LISTED FOR SALE

1040 Summit Ridge Murchison, TX 75778

Estimated Value: $223,143 - $439,000

3 Beds
1 Bath
1,194 Sq Ft
$246/Sq Ft Est. Value

About This Home

This home is located at 1040 Summit Ridge, Murchison, TX 75778 and is currently estimated at $293,786, approximately $246 per square foot. 1040 Summit Ridge is a home located in Van Zandt County with nearby schools including Rhodes Elementary School, Van Intermediate School, and Van Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2020
Sold by
Reagan Charles Thomas
Bought by
Ramey Timothy E and Ramey Julia S
Current Estimated Value
$275,464

Purchase Details

Closed on
Jun 29, 2018
Sold by
Marin Felipe
Bought by
Reagan Charles Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,500
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2002
Sold by
Bounds J C & Audra Living Trus
Bought by
Marin Felipe

Purchase Details

Closed on
Sep 1, 1998
Sold by
Bounds Bounds J and Bounds Audra
Bought by
Marin Felipe

Purchase Details

Closed on
May 18, 1993
Bought by
Marin Felipe

Purchase Details

Closed on
Jul 12, 1991
Bought by
Marin Felipe

Purchase Details

Closed on
Sep 13, 1988
Bought by
Marin Felipe
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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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Purchase History

Date Buyer Sale Price Title Company
Ramey Timothy E -- Colonial Title Co
Reagan Charles Thomas -- Colonial Title Co
Marin Felipe -- --
Marin Felipe -- --
Marin Felipe -- --
Marin Felipe -- --
Marin Felipe -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reagan Charles Thomas $61,500
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 $2,377 $183,320 $16,160 $167,160
2024 $2,377 $170,840 $12,150 $158,690
2023 $2,604 $182,270 $14,390 $167,880
2022 $2,572 $148,140 $10,630 $137,510
2021 $2,518 $130,090 $9,110 $120,980
2020 $1,556 $76,680 $7,970 $68,710
2019 $1,519 $70,270 $7,670 $62,600
2018 $1,332 $61,200 $7,670 $53,530
2017 $1,189 $58,100 $7,670 $50,430
2016 $1,088 $54,220 $7,670 $46,550
2015 $1,113 $52,830 $7,670 $45,160
2014 $903 $44,980 $7,670 $37,310
Source: Public Records

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