NOT LISTED FOR SALE

40518 Cimarron Way Magnolia, TX 77354

Estimated Value: $692,000 - $983,000

-- Bed
5 Baths
4,854 Sq Ft
$176/Sq Ft Est. Value

About This Home

This home is located at 40518 Cimarron Way, Magnolia, TX 77354 and is currently estimated at $856,032, approximately $176 per square foot. 40518 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
Jul 27, 2009
Sold by
Drake John W and Drake Lea
Bought by
Drake John W and Drake Lea
Current Estimated Value
$856,032

Purchase Details

Closed on
Jun 9, 2003
Sold by
Parks John H and Parks Lee Ann
Bought by
Drake John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,200
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 1997
Sold by
Lipar Group Inc
Bought by
Parks John Harold and Parks Lee Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,410
Interest Rate
7.92%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 20, 1995
Sold by
Perry Ama Nell Winn and Winn Ama Nell
Bought by
Parks John H and Parks Lee Ann

Purchase Details

Closed on
Mar 25, 1991
Sold by
Winn Kenneth R
Bought by
Drake Family Revocable Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Drake John W -- None Available
Drake John W -- Stewart Title
Parks John Harold -- American Title Company
Parks John H -- American Title Co
Drake Family Revocable Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Drake John W $265,200
Previous Owner Parks John Harold $22,410
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 $14,375 $1,133,000 -- --
2024 $13,333 $1,030,000 $134,920 $895,080
2023 $13,333 $961,950 $134,920 $895,080
2022 $15,431 $874,500 $139,990 $840,010
2021 $14,777 $795,000 $80,920 $714,080
2020 $15,400 $761,000 $80,920 $680,080
2019 $14,480 $719,000 $80,920 $638,080
2018 $12,779 $653,750 $80,920 $579,080
2017 $12,603 $594,320 $51,280 $652,720
2016 $11,457 $540,290 $51,280 $687,920
2015 $9,363 $491,170 $51,280 $555,410
2014 $9,363 $446,520 $51,280 $555,410
Source: Public Records

Map

Texas Montgomery County Magnolia 77354

40518 Cimarron Way, Magnolia, TX

Not Listed for Sale

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