NOT LISTED FOR SALE

2240 Red Cedar Trail Prosper, TX 75078

Estimated Value: $1,043,122 - $1,139,000

5 Beds
5 Baths
4,269 Sq Ft
$258/Sq Ft Est. Value

About This Home

This home is located at 2240 Red Cedar Trail, Prosper, TX 75078 and is currently estimated at $1,100,531, approximately $257 per square foot. 2240 Red Cedar Trail is a home with nearby schools including Prosper High School and Prestonwood Christian Academy North.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2023
Sold by
Highland Homes Dallas Llc
Bought by
Farooq Umer and Farooq Anam Hafiz
Current Estimated Value
$1,100,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$726,200
Outstanding Balance
$706,768
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$393,763

Purchase Details

Closed on
May 16, 2022
Sold by
Csquare Capital Partners Llc
Bought by
Highland Homes-Dallas Llc
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.

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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

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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
Farooq Umer -- None Listed On Document
Highland Homes-Dallas Llc -- Hesse Hesse & Blythe Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farooq Umer $726,200
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 $17,952 $1,027,647 $218,500 $809,147
2024 $17,952 $1,022,377 $218,500 $803,877
2023 $17,952 $690,152 $168,245 $521,907
2022 $2,880 $131,725 $131,725 $0
2021 $2,442 $110,000 $110,000 $0
Source: Public Records

Map

Texas Collin County Prosper 75078

2240 Red Cedar Trail, Prosper, TX

Not Listed for Sale

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