NOT LISTED FOR SALE

1401 Rainbow St Southlake, TX 76092

Estimated Value: $1,513,282 - $1,891,000

5 Beds
5 Baths
5,318 Sq Ft
$311/Sq Ft Est. Value

About This Home

This home is located at 1401 Rainbow St, Southlake, TX 76092 and is currently estimated at $1,652,571, approximately $310 per square foot. 1401 Rainbow St 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
May 9, 2017
Sold by
Roach John and Perdue Sheley
Bought by
Farooqi Mufti Muzamil Mehraj and Shahdad Novreen
Current Estimated Value
$1,652,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Outstanding Balance
$631,424
Interest Rate
3.83%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,021,147

Purchase Details

Closed on
Mar 28, 2013
Sold by
Savage William J and Savage Amy M
Bought by
Roach John and Perdue Shelley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2003
Sold by
Reid Rayford T and Reid Debra B
Bought by
Savage William J and Savage Amy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2000
Sold by
Waitman C P and Waitman A
Bought by
Reid Rayford T and Reid Debra B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
8.19%

Purchase Details

Closed on
May 12, 1998
Sold by
N V E Ii Ltd
Bought by
Waitman C P and Waitman A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,000
Interest Rate
7.18%
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
Farooqi Mufti Muzamil Mehraj -- Freedom Title
Roach John -- None Available
Savage William J -- American Title Co
Reid Rayford T -- American Title Co
Waitman C P -- Ticor Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farooqi Mufti Muzamil Mehraj $765,000
Previous Owner Roach John $580,000
Previous Owner Savage William J $322,700
Previous Owner Reid Rayford T $460,000
Previous Owner Waitman C P $423,000
Closed Savage William J $143,300
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 $12,251 $1,001,360 $344,325 $657,035
2024 $12,251 $1,269,000 $344,325 $924,675
2023 $13,575 $1,253,979 $344,325 $909,654
2022 $14,607 $1,000,000 $229,550 $770,450
2021 $14,033 $615,504 $229,550 $385,954
2020 $16,643 $724,057 $206,595 $517,462
2019 $20,818 $859,704 $150,000 $709,704
2018 $19,337 $843,957 $150,000 $693,957
2017 $20,844 $840,940 $150,000 $690,940
2016 $19,829 $800,000 $150,000 $650,000
2015 $18,524 $762,400 $70,000 $692,400
2014 $18,524 $762,400 $70,000 $692,400
Source: Public Records

Map

Texas Tarrant County Southlake 76092

1401 Rainbow St, Southlake, TX

Not Listed for Sale

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