Estimated Value: $394,721 - $427,000
4
Beds
4
Baths
2,723
Sq Ft
$150/Sq Ft
Est. Value
About This Home
This home is located at 490 Commonwealth Ln, Fate, TX 75189 and is currently estimated at $407,930, approximately $149 per square foot. 490 Commonwealth Ln is a home located in Rockwall County with nearby schools including Herman E. Utley Middle School and Rockwall-Heath High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 17, 2019
Sold by
Holt Michele
Bought by
Minyard William Bradley and Minyard Jennifer Paige
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,750
Outstanding Balance
$236,636
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$171,294
Purchase Details
Closed on
Jul 17, 2017
Sold by
Simpson Janie F and Simpson Janie Faye
Bought by
Holt Michele and Holt Brad
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,500
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 1, 2014
Sold by
Simpson L Kimbal and Simpson Lawrence Kimbal
Bought by
Simpson Janie F and Simpson Janie Faye
Purchase Details
Closed on
Jun 27, 2014
Sold by
D R Horton Texas Ltd
Bought by
Simpson Janie
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Minyard William Bradley | -- | Alamo Title Company | |
| Holt Michele | -- | Capital Title | |
| Simpson Janie F | -- | None Available | |
| Simpson Janie | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Minyard William Bradley | $270,750 | |
| Previous Owner | Holt Michele | $283,500 |
Source: Public Records
Tax History Compared to Growth
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 | $6,158 | $391,642 | $126,000 | $265,642 |
| 2023 | $6,158 | $357,555 | $0 | $0 |
| 2022 | $7,605 | $422,280 | $140,000 | $282,280 |
| 2021 | $5,604 | $295,500 | $87,000 | $208,500 |
| 2020 | $5,790 | $296,070 | $70,620 | $225,450 |
| 2019 | $6,011 | $293,300 | $69,960 | $223,340 |
| 2018 | $5,978 | $287,270 | $67,980 | $219,290 |
| 2017 | $5,775 | $270,860 | $66,000 | $204,860 |
| 2016 | $5,775 | $270,860 | $66,000 | $204,860 |
| 2015 | $2,541 | $258,260 | $40,000 | $218,260 |
| 2014 | $2,541 | $57,950 | $30,000 | $27,950 |
Source: Public Records
Map
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