NOT LISTED FOR SALE

1602 Fair Oaks Dr Westlake, TX 76262

Estimated Value: $2,382,000 - $3,330,511

4 Beds
6 Baths
5,476 Sq Ft
$506/Sq Ft Est. Value

About This Home

This home is located at 1602 Fair Oaks Dr, Westlake, TX 76262 and is currently estimated at $2,772,628, approximately $506 per square foot. 1602 Fair Oaks Dr is a home located in Tarrant County with nearby schools including Walnut Grove Elementary School, Don T. Durham Intermediate School, and Carroll Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2016
Sold by
Frisby David I and Frisby Kieu Ly
Bought by
Kolady Ashok E
Current Estimated Value
$2,772,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$798,215
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$1,974,413

Purchase Details

Closed on
Jun 28, 2012
Sold by
Lorence Michael J
Bought by
Frisby David I and Frisby Kieu Ly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
2.75%
Mortgage Type
Assumption

Purchase Details

Closed on
Aug 20, 2008
Sold by
Greenberg Harold D and Greenberg Martha K
Bought by
Lorence Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$778,750
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2004
Sold by
Simmons Homes Lp
Bought by
Greenberg Harold D and Greenberg Martha K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,159,000
Interest Rate
5.66%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 9, 2004
Sold by
Glenwyck Farms Ltd
Bought by
Simmons Estate Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,250
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kolady Ashok E -- Fatco
Frisby David I -- None Available
Lorence Michael J -- Natc
Greenberg Harold D -- Stewart Title
Simmons Estate Homes Inc -- Safeco Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kolady Ashok E $1,000,000
Previous Owner Frisby David I $800,000
Previous Owner Lorence Michael J $778,750
Previous Owner Greenberg Harold D $1,159,000
Previous Owner Simmons Estate Homes Inc $143,250
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 $28,596 $2,109,828 $495,150 $1,614,678
2024 $28,596 $2,109,828 $495,150 $1,614,678
2023 $27,563 $2,335,371 $495,150 $1,840,221
2022 $31,938 $2,007,073 $350,125 $1,656,948
2021 $30,181 $1,567,798 $350,125 $1,217,673
2020 $27,517 $1,501,942 $405,225 $1,096,717
2019 $26,013 $1,220,979 $405,225 $815,754
2018 $28,513 $1,374,641 $405,225 $969,416
2017 $26,913 $1,249,673 $225,125 $1,024,548
2016 $26,990 $1,253,271 $270,150 $983,121
2015 $26,884 $1,387,200 $160,000 $1,227,200
2014 $26,884 $1,387,200 $160,000 $1,227,200
Source: Public Records

Map

Texas Tarrant County Westlake 76262

1602 Fair Oaks Dr, Westlake, TX

Not Listed for Sale

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.

Nearby Homes