40402 Cimarron Way Magnolia, TX 77354
Estimated Value: $490,154 - $579,000
3
Beds
3
Baths
2,133
Sq Ft
$250/Sq Ft
Est. Value
About This Home
This home is located at 40402 Cimarron Way, Magnolia, TX 77354 and is currently estimated at $534,289, approximately $250 per square foot. 40402 Cimarron Way 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
Mar 27, 1998
Sold by
Wallace James David and Wallace Deborah L
Bought by
Johnson Craig P and Johnson Jamie J
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
$151,164
Outstanding Balance
$28,746
Interest Rate
7.12%
Mortgage Type
VA
Estimated Equity
$505,543
Purchase Details
Closed on
Mar 18, 1997
Sold by
Lipar Group Inc
Bought by
Wallace James D and Wallace Deborah L
Purchase Details
Closed on
Oct 1, 1989
Sold by
Home Savings Of America
Bought by
Johnson Jamie J
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Johnson Craig P | -- | Montgomery Country Title Co | |
| Wallace James D | -- | -- | |
| Johnson Jamie J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Johnson Craig P | $151,164 |
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 | $4,863 | $430,179 | -- | -- |
| 2024 | $4,320 | $391,072 | -- | -- |
| 2023 | $4,320 | $355,520 | $130,480 | $272,160 |
| 2022 | $5,703 | $323,200 | $132,310 | $251,750 |
| 2021 | $5,461 | $293,820 | $76,480 | $217,340 |
| 2020 | $5,755 | $284,360 | $76,480 | $209,920 |
| 2019 | $5,206 | $258,510 | $76,480 | $182,030 |
| 2018 | $4,757 | $254,290 | $76,480 | $177,810 |
| 2017 | $5,173 | $243,970 | $48,320 | $195,650 |
| 2016 | $5,034 | $237,400 | $48,320 | $205,950 |
| 2015 | $3,994 | $215,820 | $48,320 | $185,470 |
| 2014 | $3,994 | $196,200 | $48,320 | $163,420 |
Source: Public Records
Map
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