NOT LISTED FOR SALE

509 Olive Trail Forney, TX 75126

Estimated Value: $341,000 - $371,000

3 Beds
2 Baths
2,296 Sq Ft
$155/Sq Ft Est. Value

About This Home

This home is located at 509 Olive Trail, Forney, TX 75126 and is currently estimated at $356,460, approximately $155 per square foot. 509 Olive Trail is a home located in Kaufman County with nearby schools including Claybon Elementary School, Warren Middle School, and Forney High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2012
Sold by
Horizon Homes Ltd
Bought by
Martin Michell
Current Estimated Value
$354,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,382
Outstanding Balance
$130,749
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$230,290

Purchase Details

Closed on
Mar 27, 2012
Sold by
Chestnut Meadows Iv Ltd
Bought by
Horizon Homes Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000,000
Interest Rate
3.92%
Mortgage Type
Construction
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
Martin Michell -- Ornt
Horizon Homes Ltd -- Ortc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Michell $185,382
Previous Owner Horizon Homes Ltd $95,000,000
Previous Owner Horizon Homes Ltd $95,000,000
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
2025 $6,717 $373,385 $90,000 $283,385
2024 $6,717 $379,807 $90,000 $289,807
2023 $5,991 $352,190 $0 $0
2022 $7,061 $320,173 $0 $0
2021 $7,039 $291,066 $70,000 $221,066
2020 $6,411 $265,100 $60,000 $205,100
2019 $7,386 $268,600 $40,000 $228,600
2018 $7,411 $269,520 $25,000 $244,520
2017 $6,972 $271,050 $25,000 $246,050
2016 $6,338 $246,800 $25,000 $221,800
2015 $5,143 $207,280 $25,000 $182,280
2014 $5,143 $209,150 $0 $0
Source: Public Records

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