12104 SCARLET SLEEVE WY 78617
| Owner | WALLACE MEGAN & GABRIEL WALLACE |
|---|---|
| Parcel ID | 0334361803 |
| Short ID | 934525 |
| Type | Real |
| Use Code | 16 Townhome |
| Valuation | Cost |
| Improvement SF | 1,336 SF |
| Land SF | 3,663 SF |
| Acres | 0.084 |
| Year Built | 2022 |
| Legal | LOT 1B BLK A STONEY RIDGE PHS C SEC 3 |
| Neighborhood | G0330 |
| Land | $30,454 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $30,454 |
| Improvement | $239,054 |
|---|---|
| Total Improvement | $239,054 |
| Market | $269,508 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $269,508 |
| Value Limitation Adjustment (−) (homestead cap) | −$23,304 |
| Net Appraised (assessed) | $246,204 |
| Exemptions on file | HS |
|---|---|
| Taxable Value | $246,204 |
Appreciation: Market value has risen +1022.9% from $24,000 (2021) to $269,508 (2025), a CAGR of 83.1% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend.
Assessment Gap: Assessed value ($246,204) is $23,304 below market value, suggesting potential for an upward assessment in future years.
Asset Class: O. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 11% of market value ($30,454 land vs $239,054 improvements), about $8/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Forward Outlook: Holding the +83.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,540,158 by 2030, with an estimated annual tax burden around $0. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
No delinquent taxes on record.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 1,336 SF | ✗ |
| 2ND | 2nd Floor | 728 SF | ✓ |
| 1ST | 1st Floor | 608 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 231 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 96 SF | ✗ |
| 252 | BEDROOMS | 3 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
| 250 | HALF BATHROOM | 1 SF | ✓ |
Market value changed by 265% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $269,508 | $269,508 | +0.0% |
| Assessed Value | $269,508 | $246,204 | +9.5% |
| Land Value | $30,454 | $30,454 | +0.0% |
| Improvement Value | $239,054 | $239,054 | +0.0% |
| Taxable Value | $180,164 | — | — |
| Exemptions | HS | HS | |
| Total Tax | Not available | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $269,508 | $269,508 | +0 (+0.0%) |
| Taxable Value | $180,164 | $180,164 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $269,508 | $30,454 | $239,054 | — | $269,508 | $180,164 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $269,508 | $30,454 | $239,054 | −$23,304 | $246,204 | $— | not in county billing file ⓘ | Partial |
| 2024 | $109,431 | — | — | −$79,431 | $30,000 | $— | not in county billing file ⓘ | Partial |
| 2023 | $— | — | — | — | $24,000 | $— | $616 | Verified |
| 2022 | $— | — | — | — | $24,000 | $— | $626 | Verified |
| 2021 | $24,000 | — | — | — | $24,000 | $— | $666 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +9.5% | ~100% | Not available | Partial |
| 2025 | +20.4% | +10.0% | 91.4% | Not available | Partial |
| 2024 | +155.7% ! | +155.7% | ~100% | No billing data | Verified |
| 2023 | +264.8% ! | +264.8% | ~100% | 0.7000% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 2.6100% | Verified |
| 2021 | base year | — | ~100% | 2.7700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1023.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +167.4% | +83.1% | +356.0% | 2024 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 79.7% | — | 100.0% | 2021 | 27.4% | 2024 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $666 | $666 | — | $666 | 2021 | $666 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$493,358 | ~$270,824 | ~0.0000% | ~$0 | +83.1% |
| 2027 | ~$903,133 | ~$297,907 | ~0.0000% | ~$0 | +235.1% |
| 2028 | ~$1,653,263 | ~$327,698 | ~0.0000% | ~$0 | +513.4% |
| 2029 | ~$3,026,440 | ~$360,467 | ~0.0000% | ~$0 | +1022.9% |
| 2030 | ~$5,540,158 | ~$396,514 | ~0.0000% | ~$0 | +1955.7% |
| 2026 | ~$487,967 | ~$270,824 | ~0.0000% | ~$0 | +81.1% |
| 2027 | ~$883,507 | ~$297,907 | ~0.0000% | ~$0 | +227.8% |
| 2028 | ~$1,599,665 | ~$327,698 | ~0.0000% | ~$0 | +493.6% |
| 2029 | ~$2,896,331 | ~$360,467 | ~0.0000% | ~$0 | +974.7% |
| 2030 | ~$5,244,056 | ~$396,514 | ~0.0000% | ~$0 | +1845.8% |
| 2026 | ~$498,748 | ~$270,824 | ~0.0000% | ~$0 | +85.1% |
| 2027 | ~$922,975 | ~$297,907 | ~0.0000% | ~$0 | +242.5% |
| 2028 | ~$1,708,045 | ~$327,698 | ~0.0000% | ~$0 | +533.8% |
| 2029 | ~$3,160,884 | ~$360,467 | ~0.0000% | ~$0 | +1072.8% |
| 2030 | ~$5,849,488 | ~$396,514 | ~0.0000% | ~$0 | +2070.4% |