NOT LISTED FOR SALE

11470 Summer Dr Unit A Socorro, TX 79927

Estimated Value: $262,000 - $433,000

4 Beds
2 Baths
1,512 Sq Ft
$241/Sq Ft Est. Value

About This Home

This home is located at 11470 Summer Dr Unit A, Socorro, TX 79927 and is currently estimated at $364,301, approximately $240 per square foot. 11470 Summer Dr Unit A is a home located in El Paso County with nearby schools including Robert R Rojas Elementary School, Ernesto Serna School, and Socorro High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2024
Sold by
Bic Homes Llc and Border Investors Capital Llc
Bought by
First New Mexico Bank
Current Estimated Value
$336,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,030,000
Outstanding Balance
$2,997,584
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
-$2,633,283

Purchase Details

Closed on
Dec 15, 2022
Sold by
Msjes Llc
Bought by
Bic Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,500,000
Interest Rate
18%
Mortgage Type
New Conventional
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

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.

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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
First New Mexico Bank -- Del Sol Title Company
Bic Homes Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open First New Mexico Bank $3,030,000
Previous Owner Bic Homes Llc $205,500,000
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 $11,470 $424,330 $20,615 $403,715
2024 $11,470 $424,330 $20,615 $403,715
2023 $618 $20,615 $20,615 $0
2022 $630 $20,615 $20,615 $0
2021 $694 $20,615 $20,615 $0
2020 $692 $20,615 $20,615 $0
Source: Public Records

Map

Texas El Paso County Socorro 79927

11470 Summer Dr Unit A, Socorro, TX

Not Listed for Sale

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