NOT LISTED FOR SALE

2702 Cranbrook Terrace Ln Katy, TX 77494

Estimated Value: $1,160,000 - $1,213,038

5 Beds
5 Baths
4,561 Sq Ft
$260/Sq Ft Est. Value

About This Home

This home is located at 2702 Cranbrook Terrace Ln, Katy, TX 77494 and is currently estimated at $1,185,510, approximately $259 per square foot. 2702 Cranbrook Terrace Ln is a home located in Fort Bend County with nearby schools including Woodcreek Elementary School, Woodcreek Junior High School, and Obra D. Tompkins High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2020
Sold by
Mhi Models Ltd
Bought by
Bourne Daniel and Bourne Markeljana Kuqo
Current Estimated Value
$1,185,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Outstanding Balance
$367,633
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$817,877

Purchase Details

Closed on
Dec 20, 2017
Sold by
Partneshiop Mii
Bought by
Mhi Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 16, 2016
Sold by
2012 Spring Green Llc
Bought by
Mhi Partnership Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000,000
Interest Rate
3.54%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 16, 2016
Sold by
Taylor Morrison Of Texas Inc & 2012 Spring Gr
Bought by
Mhi Partnership Ltd

Purchase Details

Closed on
Jan 25, 2016
Sold by
2012 Spring Green Llc
Bought by
Mhi Partnership Ltd
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bourne Daniel -- Millennium Title Of Tx Lc
Mhi Partnership -- Millennium Title Houston
Mhi Partnership Ltd -- Millennium Title Houston
Mhi Partnership Ltd -- --
Mhi Partnership Ltd -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bourne Daniel $510,400
Previous Owner Mhi Partnership $15,000,000
Previous Owner Mhi Partnership Ltd $20,000,000
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 $22,705 $969,500 $241,778 $727,722
2023 $21,395 $881,364 $86,012 $795,352
2022 $22,215 $801,240 $164,920 $636,320
2021 $22,957 $728,400 $235,480 $492,920
2020 $16,803 $526,890 $76,500 $450,390
2019 $17,333 $514,740 $76,500 $438,240
2018 $17,855 $529,450 $76,500 $452,950
2017 $2,599 $76,500 $76,500 $0
2016 $2,140 $63,000 $63,000 $0
Source: Public Records

Map