1040 Summit Ridge Murchison, TX 75778
Estimated Value: $213,854 - $401,000
3
Beds
1
Bath
1,194
Sq Ft
$231/Sq Ft
Est. Value
About This Home
This home is located at 1040 Summit Ridge, Murchison, TX 75778 and is currently estimated at $275,464, approximately $230 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
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
Create a Home Valuation Report for This Property
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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
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
Map
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