NOT LISTED FOR SALE

Estimated Value: $790,000 - $865,229

5 Beds
4 Baths
4,377 Sq Ft
$192/Sq Ft Est. Value

About This Home

This home is located at 2240 New College Ln, Plano, TX 75025 and is currently estimated at $842,307, approximately $192 per square foot. 2240 New College Ln is a home located in Collin County with nearby schools including Andrews Elementary School, C.M. Rice Middle School, and Jasper High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2006
Sold by
Thummala Ramana
Bought by
Srikanth Kannan and Srikanth Vijayanthi
Current Estimated Value
$842,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,920
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 30, 2004
Sold by
Drees Custom Homes Lp
Bought by
Thummala Ramana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,750
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
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
Srikanth Kannan -- Atc
Thummala Ramana -- Alamo Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Srikanth Kannan $386,000
Closed Srikanth Vijayanthi $407,517
Closed Srikanth Vijayanthi $254,300
Closed Srikanth Kannan $284,500
Closed Srikanth Kannan $351,920
Previous Owner Thummala Ramana $290,750
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
2024 $10,802 $751,842 $180,000 $627,550
2023 $10,802 $683,493 $160,000 $605,488
2022 $11,874 $621,357 $160,000 $520,497
2021 $11,391 $564,870 $125,000 $439,870
2020 $11,588 $567,572 $125,000 $442,572
2019 $12,515 $579,055 $125,000 $454,055
2018 $12,795 $587,018 $125,000 $462,018
2017 $13,449 $617,024 $125,000 $492,024
2016 $12,567 $569,356 $125,000 $444,356
2015 $10,752 $518,446 $110,000 $408,446
Source: Public Records

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