NOT LISTED FOR SALE

4038 Sparrow Trail Melissa, TX 75454

Estimated Value: $383,143 - $414,000

4 Beds
2 Baths
2,310 Sq Ft
$172/Sq Ft Est. Value

About This Home

This home is located at 4038 Sparrow Trail, Melissa, TX 75454 and is currently estimated at $398,286, approximately $172 per square foot. 4038 Sparrow Trail is a home with nearby schools including North Creek Elementary School, Melissa Middle School, and Melissa High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2021
Sold by
Horton Captial Properties Llc
Bought by
Lumsden Kimberly Kay and Lumsden Craig Andrew
Current Estimated Value
$398,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,700
Outstanding Balance
$272,053
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$134,980
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

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.

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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
Lumsden Kimberly Kay -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lumsden Kimberly Kay $288,700
Previous Owner Horton Captial Properties Llc $7,000,000
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
2023 $6,168 $380,000 $90,000 $290,000
2022 $7,644 $358,416 $80,000 $278,416
2021 $1,244 $54,600 $54,600 $0
Source: Public Records

Map

Texas Collin County Melissa 75454

4038 Sparrow Trail, Melissa, TX

This home is located at 4038 Sparrow Trail, Melissa, TX 75454 and is currently estimated at $398,286, approximately $172 per square foot. 4038 Sparrow Trail is a home with nearby schools including North Creek Elementary School, Melissa Middle School, and Melissa 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.

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