NOT LISTED FOR SALE

Estimated Value: $422,332 - $479,000

3 Beds
2 Baths
1,844 Sq Ft
$244/Sq Ft Est. Value

About This Home

This home is located at 505 Lancashire Dr, Flower Mound, TX 75028 and is currently estimated at $450,083, approximately $244 per square foot. 505 Lancashire Dr is a home located in Denton County with nearby schools including Garden Ridge Elementary School, Forestwood Middle School, and Flower Mound High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2014
Sold by
Koshy Mammen and Koshy Mammen
Bought by
Koshy Mammen
Current Estimated Value
$450,083

Purchase Details

Closed on
Nov 24, 2010
Sold by
Pham David
Bought by
Koshy Mammen and Koshy Mariamma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 1999
Sold by
Sovereign Texas Homes Ltd
Bought by
Pham David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.25%

Purchase Details

Closed on
Feb 27, 1996
Sold by
Sovereign Homes Corp
Bought by
Pham David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,350
Interest Rate
5.87%

Purchase Details

Closed on
Jun 19, 1995
Sold by
Willow Ridge Estates Ltd
Bought by
Sovereign Homes Corp
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

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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.

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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
Koshy Mammen -- None Available
Koshy Mammen -- None Available
Pham David -- --
Pham David -- --
Sovereign Homes Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Koshy Mammen $70,000
Previous Owner Pham David $128,390
Previous Owner Pham David $144,000
Previous Owner Pham David $130,350
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 $6,433 $398,000 $100,563 $297,437
2024 $6,433 $380,000 $100,563 $279,437
2023 $6,930 $406,000 $96,809 $309,191
2022 $5,913 $318,000 $100,563 $217,437
2021 $6,221 $309,671 $80,450 $229,221
2020 $6,014 $300,833 $80,450 $220,383
2019 $5,802 $280,000 $80,450 $199,550
2018 $5,357 $257,000 $80,450 $176,550
2017 $5,376 $255,121 $80,450 $174,671
2016 $5,318 $243,809 $80,450 $163,359
2015 $4,722 $223,026 $60,375 $162,651
2014 $4,722 $215,811 $52,699 $163,112
2013 -- $198,463 $52,699 $145,764
Source: Public Records

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