NOT LISTED FOR SALE

2256 Merrimac Ln Lancaster, TX 75146

Estimated Value: $276,000 - $310,000

3 Beds
3 Baths
1,956 Sq Ft
$149/Sq Ft Est. Value

About This Home

This home is located at 2256 Merrimac Ln, Lancaster, TX 75146 and is currently estimated at $290,779, approximately $148 per square foot. 2256 Merrimac Ln is a home located in Dallas County with nearby schools including Rosa Parks-Millbrook Elementary School, Lancaster Middle School, and Lancaster High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2003
Sold by
King Orlando
Bought by
Vance Bobby and Vance Kimberly
Current Estimated Value
$290,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,146
Outstanding Balance
$53,236
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$237,543

Purchase Details

Closed on
Dec 30, 1997
Sold by
Bankers Trust Company
Bought by
King Olando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,809
Interest Rate
7.18%

Purchase Details

Closed on
Jan 2, 1996
Sold by
Waters Laurence D and Waters Bridget L
Bought by
Bankers Trust Company and Vendee Mtg Trust 1993-3
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
Vance Bobby -- --
King Olando -- Alamo Title Company
Bankers Trust Company $62,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vance Bobby $118,146
Previous Owner King Olando $83,809
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 $7,366 $311,860 $60,000 $251,860
2024 $7,366 $311,860 $60,000 $251,860
2023 $7,366 $288,060 $55,000 $233,060
2022 $6,641 $250,640 $40,000 $210,640
2021 $5,208 $182,350 $35,000 $147,350
2020 $5,397 $182,350 $35,000 $147,350
2019 $5,108 $167,240 $35,000 $132,240
2018 $4,248 $138,630 $30,000 $108,630
2017 $3,878 $126,640 $30,000 $96,640
2016 $3,878 $126,640 $30,000 $96,640
2015 $2,322 $96,120 $30,000 $66,120
2014 $2,322 $80,020 $20,000 $60,020
Source: Public Records

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