NOT LISTED FOR SALE

705 Summerfield Dr Murphy, TX 75094

Estimated Value: $559,333 - $662,000

5 Beds
4 Baths
3,447 Sq Ft
$179/Sq Ft Est. Value

About This Home

This home is located at 705 Summerfield Dr, Murphy, TX 75094 and is currently estimated at $617,333, approximately $179 per square foot. 705 Summerfield Dr is a home located in Collin County with nearby schools including Boggess Elementary School, Murphy Middle School, and C A Mcmillen High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2015
Sold by
Malani Ketan and Malani Meha
Bought by
Joshi Kishor
Current Estimated Value
$617,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Outstanding Balance
$197,013
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$420,320

Purchase Details

Closed on
Aug 18, 2000
Sold by
First Texas Homes Inc
Bought by
Malani Ketan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,050
Interest Rate
8.15%

Purchase Details

Closed on
Mar 29, 2000
Sold by
Daniel Crossing Development Ltd
Bought by
First Texas 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
$452,230
Interest Rate
8.33%
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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Joshi Kishor -- Chicago Title
Malani Ketan -- --
First Texas Homes Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joshi Kishor $256,000
Previous Owner Malani Ketan $163,050
Previous Owner First Texas Homes Inc $452,230
Closed Malani Ketan $20,350
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 $7,286 $544,973 $125,000 $419,973
2024 $7,086 $504,590 $125,000 $398,000
2023 $7,086 $458,718 $125,000 $370,038
2022 $8,167 $417,016 $110,000 $352,622
2021 $7,829 $379,105 $85,000 $294,105
2020 $7,831 $374,956 $85,000 $289,956
2019 $8,163 $372,581 $85,000 $287,581
2018 $8,132 $367,770 $85,000 $282,770
2017 $7,487 $338,613 $75,000 $263,613
2016 $7,132 $318,590 $65,000 $253,590
2015 $5,630 $292,164 $65,000 $227,164
Source: Public Records

Map

Texas Collin County Murphy 75094

705 Summerfield Dr, Murphy, 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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