40503 Cimarron Way Magnolia, TX 77354
Estimated Value: $476,623 - $584,000
--
Bed
3
Baths
1,978
Sq Ft
$265/Sq Ft
Est. Value
About This Home
This home is located at 40503 Cimarron Way, Magnolia, TX 77354 and is currently estimated at $523,656, approximately $264 per square foot. 40503 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
Aug 8, 1994
Sold by
Cimarron Homes Inc
Bought by
Ballard Lance Russell and Ballard Margaret L
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
$121,000
Interest Rate
8.51%
Purchase Details
Closed on
Apr 22, 1994
Sold by
Vos Timothy C and Vos Linda Jean
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
$99,000
Interest Rate
7.71%
Purchase Details
Closed on
Apr 19, 1994
Sold by
Baico Inc
Bought by
Vos Timothy C and Vos Linda Jean
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
7.71%
Purchase Details
Closed on
May 29, 1992
Sold by
Wissenborn Irene
Bought by
Ballard Lance R and Ballard Margaret L
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ballard Lance Russell | -- | -- | |
| Cimarron Homes Inc | -- | -- | |
| Vos Timothy C | -- | -- | |
| Ballard Lance R | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Ballard Lance Russell | $121,000 | |
| Previous Owner | Cimarron Homes Inc | $99,000 |
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 | $3,258 | $431,909 | -- | -- |
| 2024 | $3,225 | $392,645 | -- | -- |
| 2023 | $3,225 | $356,950 | $133,120 | $284,560 |
| 2022 | $5,726 | $324,500 | $136,880 | $263,210 |
| 2021 | $5,623 | $302,500 | $79,120 | $228,440 |
| 2020 | $5,565 | $275,000 | $79,120 | $195,880 |
| 2019 | $5,464 | $271,320 | $79,120 | $192,200 |
| 2018 | $4,779 | $255,390 | $79,120 | $187,720 |
| 2017 | $4,923 | $232,170 | $50,080 | $182,090 |
| 2016 | $5,075 | $239,350 | $50,080 | $215,890 |
| 2015 | $4,029 | $217,590 | $50,080 | $179,920 |
| 2014 | $4,029 | $197,810 | $50,080 | $171,340 |
Source: Public Records
Map
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