NOT LISTED FOR SALE

7807 Lorena Dr Mercedes, TX 78570

Estimated Value: $174,541 - $319,000

3 Beds
2 Baths
2,160 Sq Ft
$104/Sq Ft Est. Value

About This Home

This home is located at 7807 Lorena Dr, Mercedes, TX 78570 and is currently estimated at $225,135, approximately $104 per square foot. 7807 Lorena Dr is a home with nearby schools including Edcouch-Elsa High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2021
Sold by
Hernandez Laura and Valdez Arturo
Bought by
Montes Alex
Current Estimated Value
$225,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Outstanding Balance
$28,973
Interest Rate
2.8%
Mortgage Type
Assumption
Estimated Equity
$195,723

Purchase Details

Closed on
Jan 4, 2016
Sold by
Heberto Jose Garza & Fidela Garza Family
Bought by
Hernandez Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
3.94%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 2, 2015
Sold by
Rodriguez Francisco Alberto
Bought by
Heberto Jose Garza & Fidela Garza Family

Purchase Details

Closed on
May 7, 2014
Sold by
Heberto Jose Garza & Fidela Garza Family
Bought by
Rodriguez Francisco Alberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
4.46%
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
Montes Alex -- Valley Land Title
Hernandez Laura -- Attorney
Heberto Jose Garza & Fidela Garza Family -- Attorney
Rodriguez Francisco Alberto -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montes Alex $31,500
Previous Owner Hernandez Laura $31,500
Previous Owner Rodriguez Francisco Alberto $31,500
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 $781 $84,700 -- --
2023 $1,574 $77,000 $0 $0
2022 $2,102 $98,189 $31,581 $66,608
2021 $1,726 $79,951 $31,581 $54,861
2020 $1,585 $72,683 $31,581 $41,102
2019 $1,481 $67,933 $31,581 $36,352
2018 $1,096 $50,149 $31,581 $18,568
2017 $694 $31,581 $31,581 $0
2016 $694 $31,581 $31,581 $0
2015 $450 $31,581 $31,581 $0
Source: Public Records

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