NOT LISTED FOR SALE

302 Covington Ct Murphy, TX 75094

Estimated Value: $646,000 - $691,000

4 Beds
3 Baths
3,637 Sq Ft
$181/Sq Ft Est. Value

About This Home

This home is located at 302 Covington Ct, Murphy, TX 75094 and is currently estimated at $659,836, approximately $181 per square foot. 302 Covington Ct is a home located in Collin County with nearby schools including Boggess Elementary School, Murphy Middle School, and C A Mcmillen High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2019
Sold by
Payne Bobby Albert
Bought by
Lam Tai and Nguyen Vy B
Current Estimated Value
$653,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Outstanding Balance
$281,914
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$377,922

Purchase Details

Closed on
Jun 27, 2013
Sold by
Batis Tona Juanel and Payne Juanel
Bought by
Payne Bobby Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,393
Interest Rate
3.63%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 29, 2004
Sold by
Grand Homes 2001 Lp
Bought by
Payne Bobby and Payne Tona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,400
Interest Rate
5.78%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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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
Lam Tai -- Old Republic Title
Payne Bobby Albert -- None Available
Payne Bobby -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Tai $320,000
Previous Owner Payne Bobby Albert $56,393
Previous Owner Payne Bobby $236,400
Closed Payne Bobby $29,500
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
2025 $8,048 $622,243 $170,000 $508,035
2024 $8,048 $565,675 $150,000 $532,101
2023 $8,048 $514,250 $150,000 $456,000
2022 $9,156 $467,500 $135,000 $413,500
2021 $8,777 $425,000 $110,000 $315,000
2020 $8,459 $405,000 $100,000 $305,000
2019 $8,764 $400,000 $100,000 $300,000
2018 $9,040 $408,834 $100,000 $308,834
2017 $8,916 $403,266 $80,000 $323,266
2016 $8,710 $395,854 $80,000 $315,854
2015 $5,972 $356,102 $80,000 $276,102
Source: Public Records

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