7043 Terrace Ridge Katy, TX 77494
Southwest Cinco Ranch NeighborhoodEstimated Value: $550,000 - $614,000
4
Beds
4
Baths
2,988
Sq Ft
$193/Sq Ft
Est. Value
About This Home
This home is located at 7043 Terrace Ridge, Katy, TX 77494 and is currently estimated at $576,006, approximately $192 per square foot. 7043 Terrace Ridge is a home located in Fort Bend County with nearby schools including Bonnie Holland Elementary School, Beckendorff Junior High, and Seven Lakes High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 20, 2014
Sold by
Costanzo Donald and Costanzo Melissa
Bought by
Motley Joseph A and Motley Noha
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
$287,968
Outstanding Balance
$96,880
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$479,126
Purchase Details
Closed on
Jun 10, 2004
Sold by
Mhi Partnership Ltd
Bought by
Costanzo Donald
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,493
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 1, 2003
Sold by
Nnp Seven Meadows Lp
Bought by
Mhi Partnership Ltd
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000,000
Interest Rate
6.25%
Mortgage Type
Construction
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Motley Joseph A | -- | Platinum Title | |
| Costanzo Donald | -- | Stewart Title | |
| Motley Joseph A | -- | -- | |
| Mhi Partnership Ltd | -- | Stewart Title | |
| Motley Joseph A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Motley Joseph A | $287,968 | |
| Previous Owner | Motley Joseph A | $225,493 | |
| Previous Owner | Motley Joseph A | $65,000,000 |
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 | $8,862 | $521,859 | $94,185 | $505,070 |
| 2024 | $8,862 | $474,417 | $24,087 | $450,330 |
| 2023 | $8,072 | $431,288 | $0 | $460,055 |
| 2022 | $8,703 | $392,080 | $10,940 | $381,140 |
| 2021 | $8,963 | $356,440 | $72,450 | $283,990 |
| 2020 | $9,098 | $356,520 | $63,600 | $292,920 |
| 2019 | $9,220 | $342,690 | $63,600 | $279,090 |
| 2018 | $9,280 | $344,250 | $63,600 | $280,650 |
| 2017 | $9,171 | $338,340 | $63,600 | $274,740 |
| 2016 | $9,037 | $333,380 | $63,600 | $269,780 |
| 2015 | $6,517 | $343,870 | $63,600 | $280,270 |
| 2014 | $5,454 | $282,410 | $63,600 | $218,810 |
Source: Public Records
Map
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