Estimated Value: $353,000 - $392,000
4
Beds
3
Baths
2,613
Sq Ft
$142/Sq Ft
Est. Value
About This Home
This home is located at 494 Commonwealth Ln, Fate, TX 75189 and is currently estimated at $371,888, approximately $142 per square foot. 494 Commonwealth Ln is a home located in Rockwall County with nearby schools including Herman E. Utley Middle School, Rockwall-Heath High School, and Education Center International Academy Royse City.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 17, 2020
Sold by
Wendle Lisa A and Pearce Lisa Anne
Bought by
Wendle Lisa A
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
$194,000
Outstanding Balance
$171,156
Interest Rate
3.3%
Mortgage Type
Credit Line Revolving
Estimated Equity
$200,732
Purchase Details
Closed on
Jul 9, 2015
Sold by
Pearce Lisa A
Bought by
Pearce Kenneth Wayne Thomas
Purchase Details
Closed on
Sep 12, 2014
Sold by
D R Horton Texas Ltd
Bought by
Pearce Kenneth and Pearce Lisa
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 |
|---|---|---|---|
| Wendle Lisa A | -- | None Available | |
| Pearce Kenneth Wayne Thomas | -- | Capital Title | |
| Pearce Kenneth | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wendle Lisa A | $194,000 |
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 | $5,806 | $368,325 | $126,000 | $242,325 |
| 2023 | $5,806 | $336,816 | $0 | $0 |
| 2022 | $5,514 | $306,196 | $0 | $0 |
| 2021 | $5,279 | $278,360 | $87,000 | $191,360 |
| 2020 | $5,385 | $275,380 | $70,620 | $204,760 |
| 2019 | $5,634 | $274,920 | $69,960 | $204,960 |
| 2018 | $5,518 | $265,195 | $67,980 | $197,215 |
| 2017 | $5,615 | $263,350 | $66,000 | $197,350 |
| 2016 | $5,181 | $243,030 | $66,000 | $177,030 |
| 2015 | $1,942 | $225,880 | $40,000 | $185,880 |
| 2014 | $1,942 | $30,000 | $30,000 | $0 |
Source: Public Records
Map
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