NOT LISTED FOR SALE

109 Welford Ln Southlake, TX 76092

Estimated Value: $1,982,000 - $2,193,176

5 Beds
6 Baths
5,581 Sq Ft
$377/Sq Ft Est. Value

About This Home

This home is located at 109 Welford Ln, Southlake, TX 76092 and is currently estimated at $2,105,294, approximately $377 per square foot. 109 Welford Ln is a home located in Tarrant County with nearby schools including Walnut Grove Elementary School, Don T. Durham Intermediate School, and Carroll Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2011
Sold by
Mcelroy Kathleen B and Derogatts Robert A
Bought by
Khazzam Michael S and Khazzam Samantha K
Current Estimated Value
$2,105,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$979,900
Outstanding Balance
$657,690
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,447,604

Purchase Details

Closed on
Feb 20, 2007
Sold by
Bethany Homes Inc
Bought by
Mcelroy Kathleen B and Derogatis Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 2006
Sold by
Kidwell Gloria
Bought by
Bethany Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Interest Rate
6.25%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 28, 2005
Sold by
Mc Nor Development Co Ltd
Bought by
Kidwell Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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

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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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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
Khazzam Michael S -- Capital Title
Mcelroy Kathleen B -- American Title
Bethany Homes Inc -- American Title
Kidwell Gloria -- --
Mc Nor Development Co Ltd -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khazzam Michael S $979,900
Previous Owner Mcelroy Kathleen B $712,000
Previous Owner Bethany Homes Inc $516,000
Previous Owner Kidwell Gloria $120,000
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 $30,397 $1,943,584 $525,540 $1,418,044
2024 $30,397 $1,943,584 $525,540 $1,418,044
2023 $23,892 $1,930,732 $525,540 $1,405,192
2022 $28,405 $1,392,667 $375,450 $1,017,217
2021 $27,291 $1,196,953 $375,450 $821,503
2020 $25,145 $1,093,921 $450,360 $643,561
2019 $26,559 $1,096,790 $450,360 $646,430
2018 $23,069 $1,004,001 $450,360 $553,641
2017 $23,617 $952,845 $250,360 $702,485
2016 $22,623 $912,725 $250,450 $662,275
2015 $23,207 $951,321 $150,000 $801,321
2014 $23,207 $927,000 $120,000 $807,000
Source: Public Records

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