7825 Heritage Palms Trail McKinney, TX 75070
Craig Ranch NeighborhoodEstimated Value: $599,000 - $665,000
4
Beds
3
Baths
2,648
Sq Ft
$235/Sq Ft
Est. Value
About This Home
This home is located at 7825 Heritage Palms Trail, McKinney, TX 75070 and is currently estimated at $623,222, approximately $235 per square foot. 7825 Heritage Palms Trail is a home located in Collin County with nearby schools including Ogle Elementary School, Scoggins Middle School, and Guidepost Montessori at Eldorado.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 27, 2022
Sold by
Michael Babalola
Bought by
Babalola Michael
Current Estimated Value
Purchase Details
Closed on
May 13, 2022
Sold by
Michael Babalola
Bought by
Babalola Michael
Purchase Details
Closed on
Mar 9, 2020
Sold by
Megatel Homes Llc
Bought by
Babalola Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,750
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 29, 2016
Sold by
Mm Finished Lots Ii Llc
Bought by
Megatel 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
$100,224
Interest Rate
3.47%
Mortgage Type
New Conventional
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 |
---|---|---|---|
Babalola Michael | -- | None Listed On Document | |
Babalola Michael | -- | None Listed On Document | |
Babalola Michael | -- | Chicago Title | |
Megatel Homes Inc | -- | Chicago Title |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Babalola Michael | $70,000 | |
Previous Owner | Babalola Michael | $376,500 | |
Previous Owner | Babalola Michael | $365,750 | |
Previous Owner | Megatel Homes Inc | $100,224 |
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 |
---|---|---|---|---|
2024 | $6,986 | $488,128 | $150,000 | $470,198 |
2023 | $6,986 | $443,753 | $150,000 | $500,000 |
2022 | $8,088 | $424,769 | $150,000 | $435,665 |
2021 | $7,755 | $385,000 | $100,000 | $285,000 |
2019 | $4,760 | $213,702 | $100,000 | $113,702 |
2018 | $1,795 | $79,000 | $79,000 | $0 |
2017 | $1,795 | $79,000 | $79,000 | $0 |
2016 | $892 | $38,400 | $38,400 | $0 |
Source: Public Records
Map
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