NOT LISTED FOR SALE

5502 85th St Lubbock, TX 79424

Preston Smith Neighborhood

Estimated Value: $309,000 - $369,000

4 Beds
3 Baths
2,479 Sq Ft
$141/Sq Ft Est. Value

About This Home

This home is located at 5502 85th St, Lubbock, TX 79424 and is currently estimated at $348,388, approximately $140 per square foot. 5502 85th St is a home located in Lubbock County with nearby schools including Smith Elementary School, Irons Middle School, and Coronado High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2016
Sold by
Summers Jason A and Summers Sarah
Bought by
Spears Evans Hamer and Spears Karen
Current Estimated Value
$348,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Outstanding Balance
$189,573
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$154,332

Purchase Details

Closed on
Feb 22, 2008
Sold by
Scherler Lynn M and Scherler Keri G
Bought by
Summers Jason A and Summers Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,192
Interest Rate
5.88%
Mortgage Type
VA

Purchase Details

Closed on
Sep 20, 2001
Sold by
Alexander Ronald B
Bought by
Spears Evans Hamer and Spears Karen
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Spears Evans Hamer -- None Available
Summers Jason A -- Stewart Title
Spears Evans Hamer -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spears Evans Hamer $237,500
Previous Owner Summers Jason A $199,192
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 $6,429 $354,021 $28,865 $325,156
2023 $6,736 $362,359 $28,865 $333,494
2022 $5,816 $287,323 $28,865 $258,458
2021 $5,936 $277,162 $28,865 $248,297
2020 $5,751 $264,476 $28,865 $235,611
2019 $5,408 $240,913 $28,865 $212,048
2018 $5,171 $230,040 $28,865 $201,175
2017 $5,242 $232,914 $28,865 $204,049
2016 $4,819 $214,095 $28,865 $185,230
2015 $3,994 $194,632 $17,851 $176,781
2014 $3,994 $187,942 $17,851 $170,091
Source: Public Records

Map

Texas Lubbock County Lubbock 79424 Preston Smith

5502 85th St, Lubbock, TX

This home is located at 5502 85th St, Lubbock, TX 79424 and is currently estimated at $348,388, approximately $140 per square foot. 5502 85th St is a home located in Lubbock County with nearby schools including Smith Elementary School, Irons Middle School, and Coronado 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.

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