NOT LISTED FOR SALE

5505 Ravine Ridge Cove Austin, TX 78746

Westlake Neighborhood

Estimated Value: $2,069,989 - $3,395,000

4 Beds
4 Baths
3,962 Sq Ft
$684/Sq Ft Est. Value

About This Home

This home is located at 5505 Ravine Ridge Cove, Austin, TX 78746 and is currently estimated at $2,710,663, approximately $684 per square foot. 5505 Ravine Ridge Cove is a home located in Travis County with nearby schools including Bridge Point Elementary School, Hill Country Middle School, and Westlake High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2020
Sold by
Cade Charles S
Bought by
Cade Catherine Lormand
Current Estimated Value
$2,710,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,500
Outstanding Balance
$450,848
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$2,259,815

Purchase Details

Closed on
Apr 6, 1999
Sold by
Parsons Ronald R and Parsons Joan K
Bought by
Cade Charles S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 1997
Sold by
Chestnutt Roy H and Chestnutt Monica Mccarthy
Bought by
Parsons Ronald R and Parsons Joan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 1995
Sold by
Prudential Residential Services Lp
Bought by
Chestnutt Roy H and Chestnutt Monica Mccarthy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
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
Cade Catherine Lormand -- First American Title
Cade Charles S -- Gracy Title
Parsons Ronald R -- --
Chestnutt Roy H -- Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cade Catherine Lormand $505,500
Closed Cade Charles S $600,000
Previous Owner Parsons Ronald R $460,000
Previous Owner Chestnutt Roy H $382,000
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 $28,837 $2,479,863 -- --
2023 $25,464 $2,049,474 $0 $0
2022 $27,838 $1,863,158 $0 $0
2021 $28,726 $1,783,500 $787,500 $996,000
2020 $25,914 $1,539,800 $787,500 $752,300
2018 $23,897 $1,364,073 $787,500 $576,573
2017 $24,551 $1,355,667 $600,000 $755,667
2016 $22,319 $1,254,000 $600,000 $846,105
2015 $18,500 $1,140,000 $420,000 $720,000
2014 $18,500 $1,065,270 $0 $0
Source: Public Records

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