NOT LISTED FOR SALE

Estimated Value: $616,000 - $1,080,000

-- Bed
3 Baths
4,674 Sq Ft
$202/Sq Ft Est. Value

About This Home

This home is located at 4702 Island Dr, Midland, TX 79707 and is currently estimated at $944,566, approximately $202 per square foot. 4702 Island Dr is a home located in Midland County with nearby schools including Barbara Fasken Elementary School, Abell Junior High School, and Legacy Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2021
Sold by
Shumate Gene and Shumate Carol
Bought by
Collins Brian and Collins Melanie
Current Estimated Value
$944,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,000
Outstanding Balance
$574,301
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$312,857

Purchase Details

Closed on
Jan 31, 2014
Sold by
Choate Herbert Wade
Bought by
Shumate Gene and Shumate Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,200
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2008
Sold by
Backer Ronald C and Blackstock Thomas
Bought by
Choate Wade and Choate Toni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2005
Sold by
Minihan Thomas R and Minihan Gena
Bought by
Backer Ronald C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 1995
Bought by
Shumate Gene

Purchase Details

Closed on
Aug 1, 1991
Bought by
Shumate Gene

Purchase Details

Closed on
Jun 21, 1991
Bought by
Shumate Gene

Purchase Details

Closed on
Apr 25, 1990
Bought by
Shumate Gene

Purchase Details

Closed on
Apr 18, 1990
Bought by
Shumate Gene
Source: Public Records

Range of Values:

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

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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
Collins Brian -- Lone Star Abstract & Ttl Co
Shumate Gene -- None Available
Choate Wade -- West Texas Abstract & Title
Backer Ronald C -- None Available
Shumate Gene -- --
Shumate Gene -- --
Shumate Gene -- --
Shumate Gene -- --
Shumate Gene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Brian $632,000
Previous Owner Shumate Gene $555,200
Previous Owner Choate Wade $417,000
Previous Owner Choate Wade $388,000
Previous Owner Choate Wade $48,500
Previous Owner Backer Ronald C $300,000
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
2024 $13,022 $976,740 $148,600 $828,140
2023 $11,585 $885,540 $74,300 $811,240
2022 $13,366 $855,490 $74,300 $781,190
2021 $13,793 $791,730 $74,300 $717,430
2020 $13,468 $789,340 $74,300 $715,040
2019 $9,801 $743,220 $74,300 $715,040
2018 $13,137 $675,650 $74,300 $644,930
2017 $11,943 $614,230 $74,300 $539,930
2016 $11,844 $608,050 $74,300 $533,750
2015 -- $625,990 $74,300 $551,690
2014 -- $620,560 $74,300 $546,260
Source: Public Records

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