NOT LISTED FOR SALE

5151 Lorraine Dr Frisco, TX 75034

The Lakes on Legacy Drive Neighborhood

Estimated Value: $1,012,000 - $1,168,160

4 Beds
4 Baths
3,787 Sq Ft
$292/Sq Ft Est. Value

About This Home

This home is located at 5151 Lorraine Dr, Frisco, TX 75034 and is currently estimated at $1,105,540, approximately $291 per square foot. 5151 Lorraine Dr is a home located in Denton County with nearby schools including Tom Hicks Elementary School, Arbor Creek Middle School, and Hebron High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2020
Sold by
Peck Michael L
Bought by
Peck Michael L
Current Estimated Value
$1,114,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,350
Outstanding Balance
$273,165
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$823,306

Purchase Details

Closed on
Apr 24, 2017
Sold by
Cartus Financial Corp
Bought by
Peck Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,100
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2011
Sold by
Hortona Jace and Dunna Melanie
Bought by
Heien Morgan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,200
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2006
Sold by
Dbsi Colony East Llc
Bought by
Collins Jana

Purchase Details

Closed on
Dec 19, 2000
Sold by
Legacy Lakes Joint Venture
Bought by
Wilson Companies Custom Homes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
7.73%
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Peck Michael L -- Title Clearing & Escrow Llc
Peck Michael -- Allegiance Title Co
Cartus Financial Cor -- Allegiance Title Co
Heien Morgan -- Lawyers Title
Collins Jana -- Fnt
Wilson Companies Custom Homes -- American Title Co
Horton Jace -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peck Michael L $303,350
Closed Peck Michael $424,100
Previous Owner Heien Morgan $380,000
Previous Owner Heien Morgan $411,200
Previous Owner Horton Jace $278,500
Previous Owner Horton Jace $305,000
Previous Owner Horton Jace $300,700
Previous Owner Horton Jace $77,935
Previous Owner Horton Jace $352,000
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 $15,207 $1,050,578 $308,600 $741,978
2024 $17,027 $983,524 $0 $0
2023 $13,863 $894,113 $234,536 $769,176
2022 $15,451 $812,830 $234,536 $638,702
2021 $14,918 $738,936 $209,848 $529,088
2020 $14,367 $715,000 $209,848 $505,152
2019 $15,562 $748,294 $209,848 $538,446
2018 $15,022 $718,099 $209,848 $508,251
2017 $14,047 $663,080 $234,536 $474,367
2016 $13,282 $602,800 $146,647 $534,353
2015 $12,106 $548,000 $146,647 $401,353
2014 $12,106 $548,000 $146,647 $401,353
2013 -- $563,506 $146,647 $416,859
Source: Public Records

Map

Texas Denton County Frisco 75034 The Lakes on Legacy Drive

5151 Lorraine Dr, Frisco, TX

This home is located at 5151 Lorraine Dr, Frisco, TX 75034 and is currently estimated at $1,105,540, approximately $291 per square foot. 5151 Lorraine Dr is a home located in Denton County with nearby schools including Tom Hicks Elementary School, Arbor Creek Middle School, and Hebron High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes