NOT LISTED FOR SALE

403 Mel Ott Ln Midland, TX 79706

Estimated Value: $301,000 - $393,000

-- Bed
-- Bath
2,239 Sq Ft
$160/Sq Ft Est. Value

About This Home

This home is located at 403 Mel Ott Ln, Midland, TX 79706 and is currently estimated at $357,255, approximately $159 per square foot. 403 Mel Ott Ln is a home with nearby schools including Barbara Yarbrough Elementary School, Alamo Junior High School, and Legacy Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2021
Sold by
Tate Daniel R and Tate Shanna
Bought by
Morgigno Paul
Current Estimated Value
$357,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,385
Outstanding Balance
$279,749
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$84,604

Purchase Details

Closed on
Jun 2, 2021
Sold by
Tate Daniel R and Tate Shanna
Bought by
Morgigno Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,385
Outstanding Balance
$279,749
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$84,604

Purchase Details

Closed on
Apr 25, 2019
Sold by
Arlas Fernando E
Bought by
Tate Daniel R and Tate Shanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,204
Interest Rate
4.3%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 18, 2017
Sold by
Seila Joseph
Bought by
Arias Fernando E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 16, 2016
Sold by
Wallace Stefanie Lynne and Brock Lance
Bought by
Seila Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,250
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2014
Sold by
Tolle Ralph
Bought by
Wallace Stefanie Lynne and Tolle Stefanie Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,500
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2014
Sold by
Real Property Resources Inc
Bought by
Tolle Ralph and Tolle Stefanie Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,300
Interest Rate
4.18%
Mortgage Type
New Conventional
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
Morgigno Paul -- Permain Abstract Company
Tate Daniel R -- West Tx Abstract & Ttl Co Ll
Arias Fernando E $226,000 West Texas Abstract
Seila Joseph -- West Tx Abstract & Title Co
Wallace Stefanie Lynne -- None Available
Tolle Ralph -- Stc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgigno Paul $304,385
Previous Owner Tate Daniel R $316,010
Previous Owner Tate Daniel R $314,204
Previous Owner Arias Fernando E $226,000
Previous Owner Seila Joseph $261,250
Previous Owner Wallace Stefanie Lynne $63,500
Previous Owner Tolle Ralph $118,300
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 $4,143 $351,820 $21,170 $330,650
2023 $3,965 $344,070 $21,170 $322,900
2022 $5,182 $331,700 $21,170 $310,530
2021 $5,779 $331,700 $21,170 $310,530
2020 $5,539 $319,610 $21,170 $298,440
2019 $5,880 $310,600 $21,170 $298,440
2018 $5,490 $282,360 $21,170 $261,190
2017 $4,993 $256,770 $21,170 $235,600
2016 $4,753 $244,000 $21,170 $222,830
2015 -- $238,660 $21,170 $217,490
2014 -- $4,880 $0 $0
Source: Public Records

Map

Texas Midland County Midland 79706

403 Mel Ott Ln, Midland, TX

This home is located at 403 Mel Ott Ln, Midland, TX 79706 and is currently estimated at $357,255, approximately $159 per square foot. 403 Mel Ott Ln is a home with nearby schools including Barbara Yarbrough Elementary School, Alamo Junior High School, and Legacy Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes