NOT LISTED FOR SALE

40309 Three Forks Rd Magnolia, TX 77354

Estimated Value: $481,622 - $577,000

-- Bed
2 Baths
2,090 Sq Ft
$253/Sq Ft Est. Value

About This Home

This home is located at 40309 Three Forks Rd, Magnolia, TX 77354 and is currently estimated at $528,656, approximately $252 per square foot. 40309 Three Forks Rd is a home located in Montgomery County with nearby schools including Bear Branch Elementary School, Bear Branch Junior High School, and Magnolia High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2005
Sold by
Smith David K and Sanders Sharon N
Bought by
Sherwood Michael G and Sherwood Codi Joleen
Current Estimated Value
$528,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,680
Outstanding Balance
$97,585
Interest Rate
6.86%
Mortgage Type
Fannie Mae Freddie Mac
Estimated Equity
$431,071

Purchase Details

Closed on
Sep 2, 1994
Sold by
Cimarron Builders
Bought by
Cimarron Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
8.52%

Purchase Details

Closed on
Aug 5, 1991
Sold by
Savings Of America
Bought by
Sherwood Michael G and Codi Joleen

Purchase Details

Closed on
Sep 1, 1982
Bought by
Sherwood Michael G and Codi Joleen
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

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
Sherwood Michael G -- Stewart Title
Cimarron Homes Inc -- --
Sherwood Michael G -- --
Sherwood Michael G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherwood Michael G $170,680
Previous Owner Cimarron Homes Inc $85,000
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
2025 $5,233 $457,537 -- --
2024 $4,656 $415,943 -- --
2023 $4,656 $378,130 $126,280 $299,110
2022 $6,066 $343,750 $125,040 $276,430
2021 $5,808 $312,500 $72,280 $240,220
2020 $6,121 $302,490 $72,280 $232,260
2019 $5,538 $274,990 $72,280 $202,710
2018 $5,073 $270,000 $72,280 $197,720
2017 $5,583 $263,310 $45,520 $217,790
2016 $5,450 $257,030 $45,520 $232,610
2015 $4,342 $233,660 $45,520 $209,490
2014 $4,342 $212,420 $45,520 $184,340
Source: Public Records

Map

Texas Montgomery County Magnolia 77354

40309 Three Forks Rd, Magnolia, TX

Not Listed for Sale

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