NOT LISTED FOR SALE

Estimated Value: $1,034,000 - $1,398,000

4 Beds
4 Baths
5,636 Sq Ft
$208/Sq Ft Est. Value

About This Home

This home is located at 2827 Palmetto Bend, Richmond, TX 77406 and is currently estimated at $1,171,304, approximately $207 per square foot. 2827 Palmetto Bend is a home with nearby schools including Frost Elementary School, Henry Wertheimer Middle School, and Briscoe Junior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2021
Sold by
Richter Family Property Management Llc
Bought by
Tejas Landing Development Llc
Current Estimated Value
$1,171,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,494,700
Outstanding Balance
$5,910,988
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$4,739,684

Purchase Details

Closed on
Oct 28, 2015
Sold by
Lease Kimberly
Bought by
Lease Scott Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.9%

Purchase Details

Closed on
Apr 20, 2015
Sold by
Lease Scott E and Lease Kimberly
Bought by
Lease Scott Edward

Purchase Details

Closed on
Jan 31, 2008
Sold by
Campbell Garrett Distinctive Properties
Bought by
Lease Scott E and Lease Kimberly

Purchase Details

Closed on
Feb 6, 2004
Sold by
Texana Plantation Ltd
Bought by
Campbell Garrett Distinctive Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,530
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
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

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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
Tejas Landing Development Llc -- Alamo Title Company Houston
Lease Scott Edward -- Stewart Title
Lease Scott Edward -- --
Lease Scott E -- None Available
Campbell Garrett Distinctive Properties -- Charter Title
Lease Scott Edward -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tejas Landing Development Llc $6,494,700
Previous Owner Lease Scott Edward $510,400
Previous Owner Lease Scott Edward $400,000
Previous Owner Lease Scott E $400,000
Previous Owner Lease Scott Edward $55,530
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 $17,975 $939,904 $72,608 $867,296
2023 $16,455 $854,458 $38,338 $816,120
2022 $16,538 $776,780 $0 $865,200
2021 $15,287 $706,160 $121,940 $584,220
2020 $15,138 $690,520 $121,940 $568,580
2019 $16,041 $693,200 $121,940 $571,260
2018 $11,896 $512,990 $121,940 $391,050
2017 $14,883 $645,950 $121,940 $524,010
2016 $16,705 $725,040 $121,940 $603,100
2015 $11,540 $668,250 $121,940 $546,310
2014 $10,641 $607,500 $121,940 $485,560
Source: Public Records

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