NOT LISTED FOR SALE

Estimated Value: $546,000 - $615,000

4 Beds
4 Baths
4,093 Sq Ft
$144/Sq Ft Est. Value

About This Home

This home is located at 1603 Lake Charlotte Ln, Richmond, TX 77406 and is currently estimated at $588,240, approximately $143 per square foot. 1603 Lake Charlotte Ln is a home located in Fort Bend County with nearby schools including Oakland Elementary School, James Bowie Middle School, and William B. Travis High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2019
Sold by
Hankins Georgia D and Hankins Alva J
Bought by
Verghese Nikhil and Verghese Nayantara
Current Estimated Value
$588,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Hankins Georgia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,750
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2008
Sold by
Rhody Terence
Bought by
Deutsche Bank National Trust Co and Morgan Stanley Abs Capital I Inc Trust 2

Purchase Details

Closed on
Feb 8, 2006
Sold by
Perry Homes
Bought by
Rhody Terence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,635
Interest Rate
9.15%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 31, 2006
Sold by
Perry Homes
Bought by
Rhody Terence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,635
Interest Rate
9.15%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 26, 2005
Sold by
Figure Four Partners Ltd
Bought by
Perry Homes
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
Verghese Nikhil -- None Available
Hankins Georgia D -- First American Title Ins
Deutsche Bank National Trust Co $243,750 None Available
Hankins Georgia D -- --
Rhody Terence -- Chicago Title
Rhody Terence -- Chicago Title
Hankins Georgia D -- --
Perry Homes -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Verghese Nikhil $285,085
Closed Verghese Nikhil $281,250
Previous Owner Hankins Georgia D $228,750
Previous Owner Rhody Terence $277,635
Previous Owner Hankins Georgia D $69,405
Previous Owner Hankins Georgia D $277,635
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
2023 $8,566 $453,607 $0 $477,005
2022 $8,270 $412,370 $0 $431,160
2021 $8,596 $374,880 $60,000 $314,880
2020 $8,871 $378,560 $60,000 $318,560
2019 $8,801 $357,190 $60,000 $297,190
2018 $9,108 $368,880 $60,000 $308,880
2017 $9,479 $377,050 $60,000 $317,050
2016 $8,767 $348,740 $60,000 $288,740
2015 $5,837 $357,020 $60,000 $297,020
2014 $5,433 $324,560 $60,000 $264,560
Source: Public Records

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