NOT LISTED FOR SALE

551 Ridgemont Dr Allen, TX 75002

South East Allen Neighborhood

Estimated Value: $279,000 - $361,000

Studio
2 Baths
1,360 Sq Ft
$227/Sq Ft Est. Value

About This Home

This home is located at 551 Ridgemont Dr, Allen, TX 75002 and is currently estimated at $308,166, approximately $226 per square foot. 551 Ridgemont Dr is a home located in Collin County with nearby schools including Alton Boyd Elementary School, Lowery Freshman Center, and Ereckson Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2024
Sold by
Martinez Lorena G
Bought by
Martinez Family Trust and Martinez
Current Estimated Value
$308,166

Purchase Details

Closed on
May 23, 2003
Sold by
Rodriguez Ernest Goodman
Bought by
Martinez Lorena G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,362
Interest Rate
5.79%
Mortgage Type
FHA

Purchase Details

Closed on
May 2, 1997
Sold by
Lynch Mark A and Lynch Patricia G
Bought by
Rodriguez Ernest Goodman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,939
Interest Rate
7.92%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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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
Martinez Family Trust -- None Listed On Document
Martinez Lorena G -- --
Rodriguez Ernest Goodman -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Lorena G $104,362
Previous Owner Rodriguez Ernest Goodman $69,939
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 $3,242 $278,949 $100,000 $178,949
2024 $3,394 $262,296 $80,000 $218,125
2023 $3,394 $307,340 $80,000 $227,340
2022 $4,304 $216,774 $65,000 $227,170
2021 $4,190 $221,207 $52,000 $169,207
2020 $3,949 $190,973 $45,000 $145,973
2019 $3,762 $162,865 $45,000 $146,429
2018 $3,482 $148,059 $45,000 $139,385
2017 $3,166 $165,668 $40,000 $125,668
2016 $2,936 $147,263 $35,000 $112,263
2015 $2,267 $116,525 $30,000 $86,525
Source: Public Records

Map

Texas Collin County Allen 75002 South East Allen

551 Ridgemont Dr, Allen, TX

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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