NOT LISTED FOR SALE

7406 Richmond Ave Lubbock, TX 79424

Estimated Value: $219,000 - $294,000

3 Beds
2 Baths
2,414 Sq Ft
$113/Sq Ft Est. Value

About This Home

This home is located at 7406 Richmond Ave, Lubbock, TX 79424 and is currently estimated at $273,592, approximately $113 per square foot. 7406 Richmond Ave is a home located in Lubbock County with nearby schools including Whiteside Elementary School, Irons Middle School, and Coronado High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2021
Sold by
Lopez Pedro and Lopez Ida
Bought by
Lynch Cory Wayne and Lynch Kyla Renee
Current Estimated Value
$273,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,905
Outstanding Balance
$208,573
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$76,257

Purchase Details

Closed on
Oct 29, 2020
Sold by
Camacho Richard and Camacho Clara
Bought by
Lopez Pedro and Lopez Ida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Closed on
Apr 16, 2010
Sold by
Perkins Crystal L and Perkins David L
Bought by
Camacho Richard and Camacho Clara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,719
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 11, 2008
Sold by
Goolsby George E and Goolsby Yvonne M
Bought by
Perkins Crystal L and Perkins David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,810
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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
Lynch Cory Wayne -- Treu Title Partners
Lopez Pedro -- None Available
Camacho Richard -- Service Title Company
Perkins Crystal L -- Western Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch Cory Wayne $227,905
Previous Owner Lopez Pedro $225,000
Previous Owner Camacho Richard $150,719
Previous Owner Perkins Crystal L $141,157
Previous Owner Perkins Crystal L $134,810
Source: Public Records

Tax History Compared to Growth

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
2024 $4,604 $303,566 $19,600 $283,966
2023 $5,611 $301,856 $19,600 $282,256
2022 $5,556 $274,485 $19,600 $254,885
2021 $5,230 $244,201 $19,600 $224,601
2020 $4,760 $218,916 $19,600 $199,316
2019 $4,781 $212,966 $19,600 $193,366
2018 $4,653 $207,017 $19,600 $187,417
2017 $4,525 $201,066 $19,600 $181,466
2016 $4,147 $184,238 $19,600 $164,638
2015 $3,859 $178,104 $10,500 $167,604
2014 $3,859 $173,543 $10,500 $163,043
Source: Public Records

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