NOT LISTED FOR SALE

4509 Fairbanks Dr Midland, TX 79707

Fairmont Park Neighborhood

Estimated Value: $307,255 - $328,000

-- Bed
2 Baths
1,627 Sq Ft
$194/Sq Ft Est. Value

About This Home

This home is located at 4509 Fairbanks Dr, Midland, TX 79707 and is currently estimated at $315,314, approximately $193 per square foot. 4509 Fairbanks Dr is a home located in Midland County with nearby schools including Parker Elementary School, Abell Junior High School, and Trinity School of Midland.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2020
Sold by
Wales Patrick and Wales Elizabeth
Bought by
Olivas Rafael
Current Estimated Value
$315,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,527
Outstanding Balance
$237,729
Interest Rate
3.4%
Mortgage Type
FHA
Estimated Equity
$77,585

Purchase Details

Closed on
Oct 28, 2015
Sold by
Simon Jaron Paul and Simon Kelley Hester
Bought by
Wales Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2008
Sold by
Simon Lewis D
Bought by
Wales Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,200
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2008
Sold by
Simon Lewis D and Simon Heather D
Bought by
Simon Jaron Paul and Simon Kelley Hester

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,200
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2000
Sold by
Dolbow Phil M
Bought by
Wales Patrick

Purchase Details

Closed on
May 25, 1993
Bought by
Wales Patrick

Purchase Details

Closed on
Dec 28, 1992
Bought by
Wales Patrick

Purchase Details

Closed on
Dec 9, 1992
Bought by
Wales Patrick

Purchase Details

Closed on
Apr 1, 1983
Bought by
Wales Patrick
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Olivas Rafael -- West Tx Abstract & Ttl Co Ll
Wales Patrick $160,000 Lone Star Abstract & Title C
Wales Patrick -- --
Simon Jaron Paul -- Stm
Wales Patrick -- --
Wales Patrick -- --
Wales Patrick -- --
Wales Patrick -- --
Wales Patrick -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olivas Rafael $269,527
Previous Owner Wales Patrick $160,000
Previous Owner Simon Jaron Paul $115,200
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 $4,224 $274,910 $18,250 $256,660
2024 $4,229 $278,520 $18,250 $260,270
2023 $4,011 $267,620 $18,250 $249,370
2022 $4,160 $266,280 $18,250 $248,030
2021 $4,097 $235,140 $18,250 $216,890
2020 $3,223 $217,490 $18,250 $199,240
2019 $4,117 $217,490 $18,250 $199,240
2018 $3,945 $202,870 $18,250 $184,620
2017 $3,837 $197,350 $18,250 $179,100
2016 $3,667 $188,240 $18,250 $169,990
2015 -- $188,240 $18,250 $169,990
2014 -- $181,250 $18,250 $163,000
Source: Public Records

Map

Texas Midland County Midland 79707 Fairmont Park

4509 Fairbanks Dr, Midland, TX

Not Listed for Sale

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.

Nearby Homes