550 County Road U Farwell, TX 79325
Estimated Value: $298,000 - $315,296
Studio
2
Baths
2,587
Sq Ft
$119/Sq Ft
Est. Value
About This Home
This home is located at 550 County Road U, Farwell, TX 79325 and is currently estimated at $306,648, approximately $118 per square foot. 550 County Road U is a home located in Parmer County with nearby schools including Farwell Elementary School, Farwell Junior High School, and Farwell High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 19, 2022
Sold by
Michelle Thompson
Bought by
Branscum Michael Bradley and Branscum Stephanie
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
$322,400
Outstanding Balance
$296,958
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$9,690
Purchase Details
Closed on
Jan 7, 2021
Sold by
Thompson Michelle
Bought by
Thompson Michelle
Purchase Details
Closed on
Sep 1, 2011
Sold by
Montano Beverly Anne
Bought by
Thompson Kevin D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,670
Interest Rate
4.53%
Mortgage Type
FHA
Purchase Details
Closed on
May 15, 2006
Sold by
Sirva Relocation Llc
Bought by
Montano Beverly A and Montano Daniel L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,800
Interest Rate
8.35%
Mortgage Type
Adjustable Rate Mortgage/ARM
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Branscum Michael Bradley | -- | None Listed On Document | |
| Thompson Michelle | -- | None Available | |
| Thompson Kevin D | -- | None Avialable | |
| Montano Beverly A | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Branscum Michael Bradley | $322,400 | |
| Previous Owner | Thompson Kevin D | $168,670 | |
| Previous Owner | Montano Beverly A | $154,800 |
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 | $5,738 | $233,376 | $9,040 | $224,336 |
| 2024 | $65 | $263,733 | $9,940 | $253,793 |
| 2023 | $2,823 | $225,933 | $5,750 | $220,183 |
| 2022 | $3,188 | $197,878 | $5,750 | $192,128 |
| 2021 | $2,541 | $145,433 | $4,950 | $140,483 |
| 2020 | $2,592 | $150,931 | $5,750 | $145,181 |
| 2019 | $2,793 | $154,888 | $5,750 | $149,138 |
| 2018 | $2,756 | $149,586 | $5,750 | $143,836 |
| 2017 | $2,503 | $0 | $0 | $0 |
| 2015 | -- | $162,632 | $4,300 | $158,332 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Map
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