5509 Ridgepass Ln McKinney, TX 75071
North McKinney NeighborhoodEstimated Value: $496,286 - $528,000
3
Beds
3
Baths
2,330
Sq Ft
$218/Sq Ft
Est. Value
About This Home
This home is located at 5509 Ridgepass Ln, McKinney, TX 75071 and is currently estimated at $509,072, approximately $218 per square foot. 5509 Ridgepass Ln is a home located in Collin County with nearby schools including Baker Elementary, Rock Hill High School, and Stonebridge Academy.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 12, 2021
Sold by
Brower Michael and Brower Alexandra
Bought by
Brower Michael and Brower Alexandra
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
$275,500
Outstanding Balance
$246,756
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$262,316
Purchase Details
Closed on
Apr 25, 2017
Sold by
Prabakaran Karthikeyan and Sankaran Brindha P
Bought by
Brower Michael and Weiser Alexandra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,950
Interest Rate
4.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 20, 2013
Sold by
Megatel Homes Inc
Bought by
Prabakaran Karthikeyan and Sankaran Brindha P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,550
Interest Rate
4.36%
Purchase Details
Closed on
Jul 3, 2013
Sold by
Rrec Robinson Ridge Lp
Bought by
Megatel Homes Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,400
Interest Rate
3.94%
Mortgage Type
Construction
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 |
---|---|---|---|
Brower Michael | -- | Solidifi | |
Brower Michael | -- | None Available | |
Prabakaran Karthikeyan | -- | Chicago Title Of Texas | |
Megatel Homes Inc | -- | Chicago Title Of Texas |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Brower Michael | $75,000 | |
Open | Brower Michael | $275,500 | |
Closed | Brower Michael | $292,950 | |
Previous Owner | Prabakaran Karthikeyan | $232,000 | |
Previous Owner | Prabakaran Karthikeyan | $199,550 | |
Previous Owner | Prabakarna Karthikeyan | $37,400 | |
Previous Owner | Megatel Homes Inc | $198,400 |
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 |
---|---|---|---|---|
2024 | $6,580 | $418,161 | $135,000 | $349,000 |
2023 | $6,580 | $380,146 | $135,000 | $334,705 |
2022 | $7,375 | $345,587 | $135,000 | $326,872 |
2021 | $6,935 | $314,170 | $80,000 | $234,170 |
2020 | $7,230 | $308,975 | $78,750 | $230,225 |
2019 | $7,917 | $322,185 | $78,750 | $243,435 |
2018 | $7,935 | $319,681 | $78,750 | $240,931 |
2017 | $7,693 | $309,902 | $84,000 | $225,902 |
2016 | $7,284 | $287,612 | $68,250 | $219,362 |
2015 | $6,391 | $274,675 | $65,100 | $209,575 |
Source: Public Records
Map
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