NOT LISTED FOR SALE

2306 Terrace Ave Midland, TX 79705

Fannin Terrace Neighborhood

Estimated Value: $323,000 - $385,000

3 Beds
2 Baths
2,010 Sq Ft
$172/Sq Ft Est. Value

About This Home

This home is located at 2306 Terrace Ave, Midland, TX 79705 and is currently estimated at $346,001, approximately $172 per square foot. 2306 Terrace Ave is a home located in Midland County with nearby schools including Fannin Elementary School, San Jacinto Junior High School, and Midland High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2018
Sold by
Cartus Financial Corp
Bought by
Ritter Thomas William and Ritter Andrea Elizabeth
Current Estimated Value
$346,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,735
Interest Rate
4.7%
Mortgage Type
VA

Purchase Details

Closed on
Aug 23, 2018
Sold by
Martin Stephanie K
Bought by
Cartus Financial Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,735
Interest Rate
4.7%
Mortgage Type
VA

Purchase Details

Closed on
Sep 15, 2016
Sold by
Howard Richard C and Howard Megan Harris
Bought by
Martin Stephanie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,320
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2012
Sold by
Inskeep Jerrod D and Inskeep Katherine A
Bought by
Howard Richard C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,932
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 18, 2009
Sold by
Wilson Steven H and Wilson Stacey V
Bought by
Inskeep Jerrod D and Inskeep Katherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,804
Interest Rate
4.84%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 10, 2006
Sold by
Smith Michael Lynn and Smith Leslie Nell
Bought by
Wilson Steven H and Wilson Stacey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,910
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 1980
Bought by
Martin Stephanie K
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Ritter Thomas William -- Lone Star Abstract & Title C
Cartus Financial Corp -- Lone Star Abstract Title Co
Martin Stephanie K -- None Available
Howard Richard C -- Lone Star Abstract & Title C
Inskeep Jerrod D -- None Available
Wilson Steven H -- West Texas Abstract & Title
Martin Stephanie K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ritter Thomas William $317,178
Closed Ritter Thomas William $304,735
Previous Owner Martin Stephanie K $190,320
Previous Owner Howard Richard C $174,932
Previous Owner Inskeep Jerrod D $171,804
Previous Owner Wilson Steven H $120,000
Previous Owner Wilson Steven H $116,910
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 $4,825 $317,720 $25,060 $292,660
2023 $4,695 $313,290 $25,060 $288,230
2022 $4,933 $315,710 $25,060 $290,650
2021 $5,255 $301,660 $25,060 $276,600
2020 $4,834 $283,320 $25,060 $258,260
2019 $5,364 $283,320 $25,060 $258,260
2018 $3,999 $205,660 $25,060 $180,600
2017 $4,188 $215,400 $25,060 $190,340
2016 $3,815 $195,830 $25,060 $170,770
2015 -- $195,830 $25,060 $170,770
2014 -- $182,510 $0 $0
Source: Public Records

Map

Texas Midland County Midland 79705 Fannin Terrace

2306 Terrace Ave, Midland, TX

This home is located at 2306 Terrace Ave, Midland, TX 79705 and is currently estimated at $346,001, approximately $172 per square foot. 2306 Terrace Ave is a home located in Midland County with nearby schools including Fannin Elementary School, San Jacinto Junior High School, and Midland High School.

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.

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