5508 Summit Knoll Trail Sachse, TX 75048
Estimated Value: $420,054 - $471,000
4
Beds
2
Baths
2,208
Sq Ft
$199/Sq Ft
Est. Value
About This Home
This home is located at 5508 Summit Knoll Trail, Sachse, TX 75048 and is currently estimated at $439,764, approximately $199 per square foot. 5508 Summit Knoll Trail is a home located in Collin County with nearby schools including Cheri Cox Elementary School, AB Harrison Intermediate School, and Grady Burnett J High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 30, 1998
Sold by
Ray Morris Homes Inc
Bought by
Minshew David Lewis
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
$137,300
Outstanding Balance
$29,917
Interest Rate
6.57%
Estimated Equity
$409,847
Purchase Details
Closed on
Jul 9, 1998
Sold by
Woodbridge I Ltd
Bought by
Ray Morris Home Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,400
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Minshew David Lewis | -- | -- | |
| Ray Morris Home Inc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Minshew David Lewis | $137,300 | |
| Previous Owner | Ray Morris Home Inc | $135,400 | |
| Closed | Minshew David Lewis | $17,150 |
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 | $6,484 | $409,858 | $130,000 | $308,532 |
| 2024 | $6,484 | $372,598 | $130,000 | $279,302 |
| 2023 | $6,484 | $338,725 | $130,000 | $284,369 |
| 2022 | $7,027 | $307,932 | $104,000 | $264,313 |
| 2021 | $6,746 | $279,938 | $84,500 | $195,438 |
| 2020 | $6,412 | $255,000 | $84,500 | $170,500 |
| 2019 | $6,839 | $260,831 | $71,500 | $189,331 |
| 2018 | $6,969 | $262,054 | $71,500 | $190,554 |
| 2017 | $6,515 | $245,000 | $71,500 | $173,500 |
| 2016 | $6,290 | $237,260 | $58,500 | $178,760 |
| 2015 | $5,009 | $226,837 | $52,000 | $174,837 |
Source: Public Records
Map
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