NOT LISTED FOR SALE

Estimated Value: $263,000 - $299,555

3 Beds
3 Baths
1,435 Sq Ft
$195/Sq Ft Est. Value

About This Home

This home is located at 506 N Chicago Ave, Lubbock, TX 79416 and is currently estimated at $279,389, approximately $194 per square foot. 506 N Chicago Ave is a home located in Lubbock County with nearby schools including Centennial Elementary School, Mackenzie Middle School, and Coronado High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2021
Sold by
Roberts Earl and Roberts Karen M
Bought by
Reimer Ben and Reimer April
Current Estimated Value
$279,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Outstanding Balance
$156,517
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$122,095

Purchase Details

Closed on
Jul 24, 2018
Bought by
Roberts Earl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
4.52%

Purchase Details

Closed on
Mar 4, 2005
Sold by
Ray David and Ray Kay
Bought by
Hoffman Cheryl H

Purchase Details

Closed on
Sep 24, 2003
Sold by
Wood Robert Custom Homes
Bought by
Hoffman Cheryl H

Purchase Details

Closed on
Apr 2, 2003
Sold by
Grassy Creek Devel Llp
Bought by
Hoffman Cheryl H
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

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
Reimer Ben -- Service Title
Roberts Earl -- --
Hoffman Cheryl H -- --
Hoffman Cheryl H -- --
Hoffman Cheryl H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reimer Ben $172,500
Previous Owner Roberts Earl $136,500
Previous Owner Roberts Earl --
Previous Owner Hoffman Cheryl H $141,195
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 $4,723 $260,116 $17,500 $242,616
2023 $5,111 $274,971 $17,500 $257,471
2022 $4,683 $231,332 $17,500 $213,832
2021 $4,178 $195,066 $17,500 $177,566
2020 $4,155 $191,085 $17,500 $173,585
2019 $3,915 $174,401 $17,500 $156,901
2018 $4,006 $178,227 $17,500 $160,727
2017 $3,908 $173,635 $17,500 $156,135
2016 $3,801 $168,890 $17,500 $151,390
2015 $3,042 $168,730 $17,500 $151,230
2014 $3,042 $136,815 $17,500 $119,315
Source: Public Records

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