5431 40th St Lubbock, TX 79414
Wester NeighborhoodEstimated Value: $220,000 - $562,000
2
Beds
2
Baths
1,180
Sq Ft
$268/Sq Ft
Est. Value
About This Home
This home is located at 5431 40th St, Lubbock, TX 79414 and is currently estimated at $315,713, approximately $267 per square foot. 5431 40th St is a home located in Lubbock County with nearby schools including Wester Elementary School, Commander William C. McCool Academy, and Irons Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 20, 2022
Sold by
Bretly Benge William
Bought by
Elite Wtx Holdings Llc 40Th St Series and Elite Wtx Holdings Llc
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
$940,000
Outstanding Balance
$405,592
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
-$89,879
Purchase Details
Closed on
Aug 5, 2014
Sold by
Naquin Jamie
Bought by
Benge William B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,400
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 27, 2003
Sold by
Naquin Jamie
Bought by
Benge William B
Purchase Details
Closed on
Aug 1, 1982
Bought by
Benge William B
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Elite Wtx Holdings Llc 40Th St Series | -- | Hub City Title | |
| Benge William B | -- | West Texas Title Co | |
| Benge William B | -- | -- | |
| Benge William B | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Elite Wtx Holdings Llc 40Th St Series | $940,000 | |
| Previous Owner | Benge William B | $82,400 |
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 | $3,765 | $208,000 | $25,500 | $182,500 |
| 2024 | $38 | $217,367 | $16,720 | $200,647 |
| 2023 | $3,492 | $187,860 | $16,720 | $171,140 |
| 2022 | $3,803 | $187,860 | $16,720 | $171,140 |
| 2021 | $3,413 | $159,370 | $16,720 | $142,650 |
| 2020 | $3,465 | $159,370 | $16,720 | $142,650 |
| 2019 | $3,578 | $159,370 | $16,720 | $142,650 |
| 2018 | $2,729 | $121,397 | $16,720 | $104,677 |
| 2017 | $2,155 | $95,741 | $16,720 | $79,021 |
| 2016 | $2,155 | $95,741 | $16,720 | $79,021 |
| 2015 | $1,917 | $86,192 | $6,840 | $79,352 |
| 2014 | $1,917 | $86,192 | $6,840 | $79,352 |
Source: Public Records
Map
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