NOT LISTED FOR SALE

4618 Mercedes Dr Midland, TX 79703

Wilshire Neighborhood

Estimated Value: $242,163 - $304,000

4 Beds
2 Baths
2,016 Sq Ft
$137/Sq Ft Est. Value

About This Home

Welcome to this spacious 4-bedroom, 2-bathroom home and 2 living areas! The bonus room can be a great recreational room with French doors that lead to a covered patio and a large yard with a storage shed. This can be used a workshop. This property also includes a water well and an additional storage room that can be converted to a mudroom. In addition, new sod was added to the front yard.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2024
Sold by
Tercero David
Bought by
Suarez Cruzelena Arras
Current Estimated Value
$276,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,500
Outstanding Balance
$12,423
Interest Rate
6.86%
Mortgage Type
Construction
Estimated Equity
$264,118

Purchase Details

Closed on
Mar 8, 2016
Sold by
Webb Cladutte and Webb Melvin
Bought by
Tercero David and Tercero Josefa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,102
Interest Rate
3.79%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 21, 2012
Sold by
Hayes Cecil W
Bought by
Tercero David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,077
Interest Rate
3.4%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 17, 2012
Sold by
Nelson Tracy Kay
Bought by
Hayes Claudette D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,077
Interest Rate
3.4%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 23, 2008
Sold by
Coskey Clark and Coskey Kayla
Bought by
Hayes Cecil W and Hayes Claudette D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,465
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2006
Sold by
Wolf John Kevin and Wolf Angela
Bought by
Coskey Clark and Coskey Kayla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2001
Sold by
Mackey Jimmy L
Bought by
Tercero David

Purchase Details

Closed on
Aug 20, 1981
Bought by
Tercero David
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Suarez Cruzelena Arras $144,500 Tall City Title
Tercero David -- Stc
Tercero David -- --
Hayes Claudette D -- Providence Title Company
Hayes Cecil W -- West Texas Abstract & Title
Coskey Clark -- None Available
Tercero David -- --
Tercero David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suarez Cruzelena Arras $144,500
Previous Owner Tercero David $157,102
Previous Owner Hayes Claudette D $114,077
Previous Owner Hayes Claudette D $114,077
Previous Owner Hayes Cecil W $119,465
Previous Owner Coskey Clark $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 For Sale $275,000 0.0% $136 / Sq Ft
08/20/2025 08/20/25 Pending -- -- --
08/15/2025 08/15/25 Price Changed $275,000 -3.5% $136 / Sq Ft
08/01/2025 08/01/25 Price Changed $285,000 -4.7% $141 / Sq Ft
07/08/2025 07/08/25 Price Changed $299,000 -2.9% $148 / Sq Ft
06/26/2025 06/26/25 For Sale $308,000 -- $153 / Sq Ft

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
2024 $1,815 $188,640 $10,520 $178,120
2023 $2,038 $207,120 $10,520 $196,600
2022 $3,064 $196,120 $10,520 $185,600
2021 $3,343 $191,860 $10,520 $181,340
2020 $2,717 $187,200 $10,520 $176,680
2019 $3,199 $168,980 $10,520 $176,680
2018 $2,987 $153,620 $10,520 $143,100
2017 $2,931 $150,730 $10,520 $140,210
2016 $2,829 $145,210 $10,520 $134,690
2015 -- $148,370 $10,520 $137,850
2014 -- $143,350 $10,520 $132,830
Source: Public Records

Agents Affiliated with this Home

  • Aaron Jistel

    Seller's Agent in 2025

    Aaron Jistel

    ListingSpark

    (877) 897-7275

    3,725 Total Sales

    Aaron Jistel
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Map

Texas Midland County Midland 79703 Wilshire

4618 Mercedes Dr, Midland, TX

This home is located at 4618 Mercedes Dr, Midland, TX 79703 and is currently estimated at $276,541, approximately $137 per square foot. 4618 Mercedes Dr is a home located in Midland County with nearby schools including Jones Elementary School, Alamo Junior High School, and Legacy Senior High School.

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.

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