Seller's Agent in 2024
Brian Carter
Trust Real Estate
(832) 563-0116
1 in this area
128 Total Sales
10114 Papalote St Houston, TX 77041
Carverdale NeighborhoodEstimated Value: $391,340 - $393,000
9
Beds
4
Baths
5,621
Sq Ft
$70/Sq Ft
Est. Value
Highlights
- In Ground Pool
- 0.34 Acre Lot
- Spanish Architecture
- Cypress Ridge High School Rated A-
- Maid or Guest Quarters
- Loft
About This Home
As of July 2024A Rare & Exceptional Residential or Commercial Investment Opportunity at an amazingly low price of $70 per Sq Ft! This tremendous property features 5621 Sq Ft, 9 Bedrooms, 4 Bathrooms, 2 kitchens, 2 dining areas, 2 family rooms, a balcony, court yard area, a pool, 2 storage sheds, a 4 car garage, on a 15k Sq Ft. Lot! Currently this property is being used as a Group Home; other potential uses are a Home Health Care Facility, a Nursing Home, Assisted Living, a Cash Flow Long Term Rental or Short Term (rooms rented daily/weekly/monthly), an AirBNB, a Motel, Apartment Complex, or a Primary Residence/Office Space. Also this property could be purchased, renovated for one of the ideal uses, then resold at a massive profit. You could also build additional structures or add tiny homes, endless value add opportunities! There is no HOA & the tax rate is just 2.2%! This property has never flooded! Excellent Location - Close to 290 & Beltway 8! This is truly an Exceptional One of a Kind Property!
Last Agent to Sell the Property
Trust Real Estate License #0620742 Listed on: 04/18/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,945
Year Built
- Built in 1960
Lot Details
- 0.34
Parking
- 4 Car Attached Garage
- Driveway
Home Design
- Spanish Architecture
- Slab Foundation
- Tile Roof
- Stucco
Interior Spaces
- 5,621 Sq Ft Home
- 2-Story Property
- 1 Fireplace
- Living Room
- Dining Room
- Home Office
- Loft
Kitchen
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 9 Bedrooms
- Maid or Guest Quarters
- 4 Full Bathrooms
- Double Vanity
- Soaking Tub
Schools
- Kirk Elementary School
- Truitt Middle School
- Cypress Ridge High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Gas
Additional Features
- In Ground Pool
- 0.34 Acre Lot
Community Details
- Sommermeyer Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 18, 2024
Closed on
Jul 1, 2024
Sold by
T R T Sober Living Center Llc
Bought by
Zhou Janet Mingjiang and Li Linus
Seller's Agent
Brian Carter
Trust Real Estate
Buyer's Agent
Brian Carter
Trust Real Estate
List Price
$395,000
Views
129
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.92%
Original Mortgage
$296,250
Outstanding Balance
$292,993
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$97,796
Purchase Details
Closed on
Dec 20, 2021
Sold by
West Anthony W
Bought by
T R T Sober Living Center Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
3.56%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 10, 1994
Sold by
Caviness James M and Caviness Norma Anne
Bought by
Hoot Phillip C and General Construction Co
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,900
Interest Rate
8.51%
Mortgage Type
Seller Take Back
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 |
|---|---|---|---|
| Zhou Janet Mingjiang | -- | Stewart Title | |
| T R T Sober Living Center Llc | -- | None Listed On Document | |
| T R T Sober Liuving Center Llc | -- | None Available | |
| T R T Xober Liuving Center Llc | -- | None Available | |
| T R T Sober Living Center Llc | -- | None Available | |
| Hoot Phillip C | -- | Heritage Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zhou Janet Mingjiang | $296,250 | |
| Previous Owner | T R T Sober Living Center Llc | $312,000 | |
| Previous Owner | Hoot Phillip C | $19,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2024 07/01/24 | Sold | -- | -- | -- |
| 05/17/2024 05/17/24 | Pending | -- | -- | -- |
| 04/18/2024 04/18/24 | For Sale | $395,000 | -- | $70 / Sq Ft |
Source: Houston Association of REALTORS®
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 | $7,069 | $304,403 | $135,000 | $169,403 |
| 2023 | $7,069 | $265,058 | $135,000 | $130,058 |
| 2022 | $6,552 | $265,058 | $135,000 | $130,058 |
| 2021 | $6,850 | $265,058 | $135,000 | $130,058 |
| 2020 | $7,127 | $267,699 | $108,000 | $159,699 |
| 2019 | $4,971 | $179,374 | $40,500 | $138,874 |
| 2018 | $2,583 | $179,374 | $40,500 | $138,874 |
| 2017 | $4,968 | $179,374 | $40,500 | $138,874 |
| 2016 | $4,968 | $179,374 | $40,500 | $138,874 |
| 2015 | $5,050 | $179,374 | $40,500 | $138,874 |
| 2014 | $5,050 | $179,374 | $40,500 | $138,874 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Carter
Map
Source: Houston Association of REALTORS®
MLS Number: 78287018
APN: 0790810030018
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The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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