7412 Summit Trail Ln Sachse, TX 75048
Estimated Value: $419,248 - $454,000
4
Beds
2
Baths
2,394
Sq Ft
$185/Sq Ft
Est. Value
About This Home
This home is located at 7412 Summit Trail Ln, Sachse, TX 75048 and is currently estimated at $442,562, approximately $184 per square foot. 7412 Summit Trail Ln is a home located in Collin County with nearby schools including Cheri Cox Elementary School, AB Harrison Intermediate School, and Grady Burnett J High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 5, 2011
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Newte Yemenashu and Tadesse Tilahun
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
$136,350
Outstanding Balance
$94,713
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$347,849
Purchase Details
Closed on
Dec 17, 2010
Sold by
Citimortgage Inc
Bought by
The Secretary Of Housing & Urban Develop
Purchase Details
Closed on
Dec 7, 2010
Sold by
Gilliss Jeffrey and Gilliss Lea
Bought by
Citimortgage Inc
Purchase Details
Closed on
Mar 8, 2004
Sold by
Continental Homes Of Texas and Anderson Alysia
Bought by
Gilliss Jeffrey and Gilliss Lea
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,695
Interest Rate
5.68%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 23, 2004
Sold by
Continental Homes Of Texas Lp
Bought by
Gillis Lea M and Gilliss Jeffrey S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,695
Interest Rate
5.68%
Mortgage Type
FHA
Purchase Details
Closed on
May 24, 2001
Sold by
Dykes Dennis W and Dykes Andrea L
Bought by
Continental Homes Of Texas Lp
Purchase Details
Closed on
Aug 26, 1999
Sold by
Continental Homes Of Dallas Lp
Bought by
Dykes Dennis W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,111
Interest Rate
7.68%
Mortgage Type
VA
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 |
|---|---|---|---|
| Newte Yemenashu | -- | None Available | |
| The Secretary Of Housing & Urban Develop | -- | None Available | |
| Citimortgage Inc | $163,975 | None Available | |
| Gilliss Jeffrey | -- | -- | |
| Gillis Lea M | -- | -- | |
| Continental Homes Of Texas Lp | -- | Drh Title Company | |
| Dykes Dennis W | -- | Drh Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Newte Yemenashu | $136,350 | |
| Previous Owner | Gilliss Jeffrey | $158,695 | |
| Previous Owner | Gillis Lea M | $161,186 | |
| Previous Owner | Dykes Dennis W | $156,111 |
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 |
|---|---|---|---|---|
| 2025 | $3,440 | $403,610 | $85,000 | $327,776 |
| 2024 | $3,440 | $366,918 | $85,000 | $298,938 |
| 2023 | $3,440 | $333,562 | $85,000 | $308,271 |
| 2022 | $6,920 | $303,238 | $68,000 | $302,566 |
| 2021 | $6,643 | $275,671 | $55,250 | $220,421 |
| 2020 | $6,935 | $275,809 | $65,000 | $210,809 |
| 2019 | $7,052 | $268,950 | $55,000 | $221,434 |
| 2018 | $6,502 | $244,500 | $55,000 | $189,500 |
| 2017 | $6,409 | $241,000 | $55,000 | $186,000 |
| 2016 | $6,341 | $236,000 | $45,000 | $191,000 |
| 2015 | $4,860 | $208,719 | $40,000 | $168,719 |
Source: Public Records
Map
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