NOT LISTED FOR SALE

5506 87th St Lubbock, TX 79424

Preston Smith Neighborhood

Estimated Value: $225,000 - $233,420

3 Beds
2 Baths
1,561 Sq Ft
$147/Sq Ft Est. Value

About This Home

This home is located at 5506 87th St, Lubbock, TX 79424 and is currently estimated at $229,355, approximately $146 per square foot. 5506 87th 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
Aug 20, 2021
Sold by
Kc Real Estate Holdings Llc
Bought by
Weaver Teresa and Weaver Mark B
Current Estimated Value
$229,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,250
Outstanding Balance
$188,114
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$41,097

Purchase Details

Closed on
Mar 16, 2015
Sold by
Holmes Emily E
Bought by
Kc Real Estate Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 28, 2013
Sold by
Secretary Of Hud
Bought by
Holmes Emily E

Purchase Details

Closed on
Dec 6, 2012
Sold by
Wills Fargo Bank Na
Bought by
Secretary Of Hud

Purchase Details

Closed on
Dec 4, 2012
Sold by
Turner Forrest W
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Sep 26, 2008
Sold by
Hale Paul B
Bought by
Turner Forrest W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,314
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2007
Sold by
Backus Wayne P and Backus Susan M
Bought by
Hale Paul B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,563
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage
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
Weaver Teresa -- Hub City Title
Kc Real Estate Holdings Llc $120,000 Service Title
Holmes Emily E -- Western Title
Secretary Of Hud -- None Available
Wells Fargo Bank Na $95,200 None Available
Turner Forrest W -- Lubbock Abstract & Title Co
Hale Paul B -- Lubbock Abstract & Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weaver Teresa $204,250
Previous Owner Kc Real Estate Holdings Llc $120,000
Previous Owner Turner Forrest W $126,314
Previous Owner Full Armor Ministries $535,416
Previous Owner Hale Paul B $118,563
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 $4,066 $223,928 $18,900 $205,028
2023 $4,347 $233,849 $18,900 $214,949
2022 $3,975 $196,371 $18,900 $177,471
2021 $3,441 $160,685 $18,900 $141,785
2020 $3,338 $153,510 $18,900 $134,610
2019 $3,305 $147,226 $18,900 $128,326
2018 $3,173 $141,146 $18,900 $122,246
2017 $3,114 $138,339 $18,900 $119,439
2016 $2,836 $126,002 $18,900 $107,102
2015 $2,655 $123,188 $10,710 $112,478
2014 $2,655 $119,399 $10,710 $108,689
Source: Public Records

Map

Texas Lubbock County Lubbock 79424 Preston Smith

5506 87th St, Lubbock, TX

This home is located at 5506 87th St, Lubbock, TX 79424 and is currently estimated at $229,355, approximately $146 per square foot. 5506 87th 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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