NOT LISTED FOR SALE

1202 Gibson Dr Melissa, TX 75454

Estimated Value: $400,000 - $432,000

4 Beds
2 Baths
2,142 Sq Ft
$194/Sq Ft Est. Value

About This Home

This home is located at 1202 Gibson Dr, Melissa, TX 75454 and is currently estimated at $415,789, approximately $194 per square foot. 1202 Gibson Dr is a home with nearby schools including Harry Mckillop Elementary School, Melissa Middle School, and Melissa High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2023
Sold by
Abbas Shermeen and Abbas Altaf
Bought by
Raza Alay
Current Estimated Value
$415,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,672
Outstanding Balance
$262,867
Interest Rate
6.15%
Mortgage Type
FHA
Estimated Equity
$152,922

Purchase Details

Closed on
Nov 9, 2021
Sold by
Abbas Shermeen and Abbas Altaf
Bought by
Abbas Shermeen and Abbas Altaf

Purchase Details

Closed on
Jun 1, 2020
Sold by
D R Horton Texas Ltd
Bought by
Abbas Shermeen and Abbas Sakina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,275
Interest Rate
3.3%
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

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.

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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.

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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
Raza Alay -- Capital Title
Abbas Shermeen -- None Available
Abbas Shermeen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raza Alay $271,672
Previous Owner Abbas Shermeen $264,275
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 $6,258 $429,047 $105,000 $324,047
2024 $7,063 $440,342 $105,000 $335,342
2023 $7,063 $440,342 $105,000 $335,342
2022 $8,597 $403,119 $90,000 $313,119
2021 $6,332 $278,000 $65,000 $213,000
2019 $975 $38,350 $38,350 $0
2018 $995 $39,000 $39,000 $0
Source: Public Records

Map

Texas Collin County Melissa 75454

1202 Gibson Dr, Melissa, TX

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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