NOT LISTED FOR SALE

11479 Summer Dr Unit B Socorro, TX 79927

Estimated Value: $268,000 - $500,000

4 Beds
3 Baths
1,515 Sq Ft
$232/Sq Ft Est. Value

About This Home

This home is located at 11479 Summer Dr Unit B, Socorro, TX 79927 and is currently estimated at $351,485, approximately $232 per square foot. 11479 Summer Dr Unit B 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
$351,485

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
$3,011,356
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
-$2,650,317

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:

Collateral Analytics

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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 $10,904 $420,709 $36,053 $384,656
2024 $10,904 $403,404 $18,748 $384,656
2023 $562 $18,748 $18,748 $0
2022 $573 $18,748 $18,748 $0
2021 $631 $18,748 $18,748 $0
2020 $630 $18,748 $18,748 $0
Source: Public Records

Map

Texas El Paso County Socorro 79927

11479 Summer Dr Unit B, Socorro, TX

This home is located at 11479 Summer Dr Unit B, Socorro, TX 79927 and is currently estimated at $351,485, approximately $232 per square foot. 11479 Summer Dr Unit B is a home located in El Paso County with nearby schools including Robert R Rojas Elementary School, Ernesto Serna School, and Socorro High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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