NOT LISTED FOR SALE

2016 Montecito Trail Southlake, TX 76092

Estimated Value: $2,190,269 - $2,572,000

5 Beds
7 Baths
5,544 Sq Ft
$425/Sq Ft Est. Value

About This Home

This home is located at 2016 Montecito Trail, Southlake, TX 76092 and is currently estimated at $2,355,423, approximately $424 per square foot. 2016 Montecito Trail is a home located in Tarrant County with nearby schools including Carroll Elementary School, Don T. Durham Intermediate School, and Carroll Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2020
Sold by
Kurapati Lakshmi and Kurapati Ram P
Bought by
Kurapati Ram and Kurapati Lakshmi
Current Estimated Value
$2,355,423

Purchase Details

Closed on
Jun 22, 2010
Sold by
Southwest Securities Fsb
Bought by
Kurapati Lakshmi and Kurapati Ram P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Outstanding Balance
$266,095
Interest Rate
4.87%
Mortgage Type
New Conventional
Estimated Equity
$2,089,328

Purchase Details

Closed on
Mar 2, 2010
Sold by
Steve Paulsen Properties Ltd
Bought by
Southwest Securities Fsb

Purchase Details

Closed on
Jan 3, 2008
Sold by
985 Randol Mill Lp
Bought by
Steve Paulsen Properties Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$854,400
Interest Rate
6.23%
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
Kurapati Ram -- None Available
Kurapati Lakshmi -- None Available
Southwest Securities Fsb $700,000 None Available
Steve Paulsen Properties Ltd -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kurapati Lakshmi $399,000
Previous Owner Steve Paulsen Properties Ltd $854,400
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 $24,799 $2,192,000 $443,280 $1,748,720
2024 $24,799 $2,352,476 $443,280 $1,909,196
2023 $26,465 $1,877,860 $443,280 $1,434,580
2022 $28,478 $1,900,000 $306,900 $1,593,100
2021 $27,360 $1,200,000 $327,420 $872,580
2020 $27,583 $1,200,000 $327,420 $872,580
2019 $27,859 $1,150,485 $327,420 $823,065
2018 $26,485 $1,150,485 $327,420 $823,065
2017 $25,924 $1,045,895 $181,900 $863,995
2016 $25,754 $1,007,900 $181,900 $826,000
2015 $23,951 $1,131,300 $220,000 $911,300
2014 $23,951 $1,131,300 $220,000 $911,300
Source: Public Records

Map

Texas Tarrant County Southlake 76092

2016 Montecito Trail, Southlake, 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