40 Somerset Terrace Bedford, TX 76022
Estimated Value: $407,576 - $492,000
4
Beds
2
Baths
2,919
Sq Ft
$151/Sq Ft
Est. Value
About This Home
This home is located at 40 Somerset Terrace, Bedford, TX 76022 and is currently estimated at $441,894, approximately $151 per square foot. 40 Somerset Terrace is a home located in Tarrant County with nearby schools including Stonegate Elementary School, Central J High School, and L.D. Bell High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 27, 2020
Sold by
Torrens Stephanie
Bought by
Torrens Willis
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,200
Outstanding Balance
$151,333
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$290,561
Purchase Details
Closed on
Sep 16, 2016
Sold by
Torrens Willis
Bought by
Torrens Willis and Torrens Stephanie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
3.43%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Apr 17, 2005
Sold by
Solorio Charlotte L
Bought by
Torrens Willis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,432
Interest Rate
7.45%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 22, 2000
Sold by
Mikell Hilda Theresa
Bought by
Solorio Charlotte L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,025
Interest Rate
7.73%
Mortgage Type
FHA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Torrens Willis | -- | Bnt Of Texas Llc | |
| Torrens Willis | -- | None Available | |
| Torrens Willis | -- | Rattikin Title Co | |
| Solorio Charlotte L | -- | Alamo Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Torrens Willis | $171,200 | |
| Closed | Torrens Willis | $173,000 | |
| Previous Owner | Torrens Willis | $92,432 | |
| Previous Owner | Solorio Charlotte L | $92,025 | |
| Closed | Torrens Willis | $23,108 |
Source: Public Records
Tax History Compared to Growth
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 | $4,187 | $312,003 | $65,000 | $247,003 |
| 2024 | $4,187 | $362,986 | $65,000 | $297,986 |
| 2023 | $4,850 | $366,746 | $45,000 | $321,746 |
| 2022 | $5,021 | $328,655 | $45,000 | $283,655 |
| 2021 | $4,923 | $209,000 | $45,000 | $164,000 |
| 2020 | $4,969 | $209,000 | $45,000 | $164,000 |
| 2019 | $5,465 | $224,949 | $45,000 | $179,949 |
| 2018 | $5,472 | $225,245 | $22,000 | $203,245 |
| 2017 | $5,151 | $212,934 | $22,000 | $190,934 |
| 2016 | $4,754 | $196,502 | $22,000 | $174,502 |
| 2015 | $3,729 | $148,500 | $18,000 | $130,500 |
| 2014 | $3,729 | $148,500 | $18,000 | $130,500 |
Source: Public Records
Map
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