NOT LISTED FOR SALE

1125 Merlot Dr Southlake, TX 76092

Estimated Value: $1,343,000 - $1,554,000

5 Beds
5 Baths
4,316 Sq Ft
$338/Sq Ft Est. Value

About This Home

This home is located at 1125 Merlot Dr, Southlake, TX 76092 and is currently estimated at $1,457,964, approximately $337 per square foot. 1125 Merlot Dr is a home located in Tarrant County with nearby schools including Old Union Elementary School, Eubanks Intermediate School, and George Dawson Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2020
Sold by
Grunza Michael
Bought by
Pragnell Kyle and Pragnell Lindsay
Current Estimated Value
$1,457,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$711,200
Outstanding Balance
$632,867
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$825,097

Purchase Details

Closed on
Nov 24, 2015
Sold by
Mcmillen Kevin W and Mcmillen Lisa B
Bought by
Grunza Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2002
Sold by
Randy Sullivan Custom Homes Inc
Bought by
Mcmillen Kevin W and Mcmillen Lisa B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,560
Interest Rate
6.83%

Purchase Details

Closed on
Jun 12, 2001
Sold by
Versailles Iii Ltd
Bought by
Randy Sullivan Custom 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
$432,000
Interest Rate
7.1%
Mortgage Type
Construction
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Pragnell Kyle -- Independence Title Company
Grunza Michael -- Itc
Mcmillen Kevin W -- American Title Co
Randy Sullivan Custom Homes Inc -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pragnell Kyle $711,200
Previous Owner Grunza Michael $620,000
Previous Owner Mcmillen Kevin W $450,560
Previous Owner Randy Sullivan Custom Homes Inc $432,000
Closed Mcmillen Kevin W $59,320
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 $18,123 $1,227,000 $392,400 $834,600
2024 $18,123 $1,271,512 $392,400 $879,112
2023 $17,487 $1,561,981 $392,400 $1,169,581
2022 $21,097 $1,020,000 $264,500 $755,500
2021 $20,269 $889,000 $264,500 $624,500
2020 $16,436 $715,031 $251,100 $463,931
2019 $21,021 $868,097 $150,000 $718,097
2018 $18,441 $761,542 $150,000 $611,542
2017 $18,374 $741,286 $150,000 $591,286
2016 $18,187 $733,767 $150,000 $583,767
2015 $15,057 $708,224 $90,000 $618,224
2014 $15,057 $621,300 $90,000 $531,300
Source: Public Records

Map