NOT LISTED FOR SALE

407 E Fm 1585 Lubbock, TX 79423

Far South Lubbock Neighborhood

Estimated Value: $134,000 - $258,000

3 Beds
3 Baths
2,031 Sq Ft
$97/Sq Ft Est. Value

About This Home

This home is located at 407 E Fm 1585, Lubbock, TX 79423 and is currently estimated at $196,000, approximately $96 per square foot. 407 E Fm 1585 is a home located in Lubbock County with nearby schools including Lubbock-Cooper East El, Lubbock-Cooper Middle School, and Lubbock-Cooper Liberty High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2016
Sold by
Womack Frances
Bought by
Lacy Randy Don and Lacy Stacy Lynn
Current Estimated Value
$196,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Outstanding Balance
$59,692
Interest Rate
3.57%
Estimated Equity
$136,308

Purchase Details

Closed on
Jul 31, 2012
Sold by
Womack B L
Bought by
Womack Frances Louis

Purchase Details

Closed on
Aug 6, 2010
Sold by
Womack B L and Womack Frances
Bought by
Womack Bobby Lee and Womack Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
4.51%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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

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
Lacy Randy Don -- None Available
Womack Frances Louis -- --
Womack Bobby Lee -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lacy Randy Don $75,000
Previous Owner Womack Bobby Lee $202,500
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 $67 $4,178 $4,178 --
2024 $1 $4,178 $4,178 $0
2023 $60 $3,714 $3,714 $0
2022 $59 $3,249 $3,249 $0
2021 $15 $812 $812 $0
2020 $16 $812 $812 $0
2019 $16 $812 $812 $0
2018 $16 $812 $812 $0
2017 $16 $812 $812 $0
2016 $2,931 $145,277 $3,392 $141,885
2015 $440 $132,070 $4,683 $127,387
2014 $440 $125,133 $4,683 $120,450
Source: Public Records

Map

Texas Lubbock County Lubbock 79404 Far South Lubbock

407 E Fm 1585, Lubbock, TX

Not Listed for Sale

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