NOT LISTED FOR SALE

Estimated Value: $137,000 - $146,000

3 Beds
2 Baths
1,446 Sq Ft
$98/Sq Ft Est. Value

About This Home

This home is located at 2507 40th St, Lubbock, TX 79413 and is currently estimated at $141,938, approximately $98 per square foot. 2507 40th St is a home located in Lubbock County with nearby schools including Wheelock Elementary School, Slaton Middle School, and Monterey High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2021
Sold by
Franklin Jeffrey and Black Christopher
Bought by
Carrillo Joshua D and Carrillo Sarah A
Current Estimated Value
$141,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,735
Outstanding Balance
$111,532
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$32,706

Purchase Details

Closed on
Sep 28, 2017
Sold by
Peebles Melissa Hopson
Bought by
Franklin Jeffrey and Black Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
3.86%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 22, 2007
Sold by
Hernandez Shawna Marie and Hernandez Ralph J
Bought by
Hopson Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 1997
Sold by
Pharr G W
Bought by
Hopson Melissa

Purchase Details

Closed on
Jan 14, 1997
Sold by
Hernandez Shawna M
Bought by
Hopson Melissa
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
Carrillo Joshua D -- Service Title
Franklin Jeffrey -- Service Title
Hopson Melissa $76,500 Service Title
Hopson Melissa -- --
Hopson Melissa -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carrillo Joshua D $122,735
Previous Owner Franklin Jeffrey $88,000
Previous Owner Hopson Melissa $73,750
Previous Owner Hopson Melissa $76,500
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 $2,556 $140,770 $21,500 $119,270
2023 $2,627 $141,315 $5,500 $135,815
2022 $2,365 $116,816 $5,500 $111,316
2021 $1,976 $92,271 $5,500 $86,771
2020 $2,013 $92,564 $5,500 $87,064
2019 $2,015 $89,750 $5,500 $84,250
2018 $1,941 $86,333 $5,500 $80,833
2017 $1,864 $82,800 $5,500 $77,300
2016 $1,694 $75,254 $3,575 $71,679
2015 $1,414 $71,681 $3,575 $68,106
2014 $1,414 $71,909 $3,575 $68,334
Source: Public Records

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