NOT LISTED FOR SALE

Estimated Value: $453,484 - $498,000

3 Beds
2 Baths
2,500 Sq Ft
$189/Sq Ft Est. Value

About This Home

This home is located at 1507 Potomac Dr, Richardson, TX 75081 and is currently estimated at $472,371, approximately $188 per square foot. 1507 Potomac Dr is a home located in Dallas County with nearby schools including Springridge Elementary School, Liberty Junior High School, and Berkner High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2024
Sold by
Patel Gitadevi R
Bought by
Gitadevi R Patel Survivors Trust and Patel
Current Estimated Value
$472,371

Purchase Details

Closed on
Jun 20, 2024
Sold by
Patel Ravindra H and Patel Gitadevi R
Bought by
Patel Ravindra H and Patel Gitadevi R

Purchase Details

Closed on
Aug 28, 2002
Sold by
Clark Teresa B
Bought by
Patel Ravindra H and Patel Gitadevi

Purchase Details

Closed on
Oct 8, 2001
Sold by
Clark Richard Perry
Bought by
Clark Teresa Brown

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,400
Interest Rate
6.59%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 5, 1994
Sold by
Sterling Charles Lloyd and Sterling Nelda
Bought by
Clark Richard P and Clark Teresa B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,800
Interest Rate
8.46%
Source: Public Records

Range of Values:

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
Gitadevi R Patel Survivors Trust -- None Listed On Document
Patel Ravindra H -- None Listed On Document
Patel Ravindra H -- --
Clark Teresa Brown -- --
Clark Richard P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clark Teresa B $134,400
Previous Owner Clark Richard P $103,800
Closed Clark Teresa Brown $0
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 $2,268 $422,680 $120,000 $302,680
2024 $2,268 $410,000 $110,000 $300,000
2023 $2,268 $366,780 $90,000 $276,780
2022 $9,555 $390,750 $90,000 $300,750
2021 $8,386 $319,770 $65,000 $254,770
2020 $7,533 $282,170 $55,000 $227,170
2019 $7,905 $282,170 $55,000 $227,170
2018 $7,539 $282,170 $55,000 $227,170
2017 $6,516 $244,070 $55,000 $189,070
2016 $5,767 $216,000 $45,000 $171,000
2015 $2,834 $183,920 $30,000 $153,920
2014 $2,834 $167,960 $24,000 $143,960
Source: Public Records

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