NOT LISTED FOR SALE

126 Knipp Rd Houston, TX 77024

Memorial Neighborhood

Estimated Value: $3,383,000 - $3,856,000

0.34 Acre
$10,334,428 Price per Acre
15,000 Sq Ft Lot

Last Sold February 04, 2021

Current estimated payment $23,630/month

59 Days on Market

Highlights

  • Corner Lot
  • Community Pool
  • Cul-De-Sac
  • Frostwood Elementary School Rated A

About This Lot

As of February 2021

Rare opportunity to build your dream home on this corner lot located in prestigious Sandalwood subdivision. This 15,000 square foot lot located in the cul de sac surrounded by aged trees and a beautifully landscaped yard. Sandalwood amenities include the three neighborhood lakes for fishing, boating, and swimming, and there are lighted walking trails, and a park with playground and pavilion. Truly a special place to call home!

Last Agent to Sell the Property

Tracy Ackley

Compass RE Texas, LLC - Houston License #0422229 Listed on: 11/06/2020

Compass RE Texas, LLC - Houston

Co-Listed By

Julie Sheets

Compass RE Texas, LLC - Memorial License #0635357

Last Buyer's Agent

Jessica Meyer

Greenwood King Properties - Voss Office License #0603035

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $56,576

Lot Details

  • 0.34 Acre Lot
  • Cul-De-Sac
  • Corner Lot

HOA Fees

  • $121 Monthly HOA Fees

Schools

  • Frostwood Elementary School
  • Memorial Middle School
  • Memorial High School

Community Details

Overview

  • Sandalwood Subdivision

Recreation

  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$56,576

Lot Details

0

HOA Fees

$121 per month

Listing Details

  • Prop. Type: Land
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: CMTX01
  • Co List Office Phone: 832-899-4788
  • Subdivision Name: Sandalwood
  • UniversalParcelId: urn:reso:upi:2.0:US:48201:NA
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Disclosures: None
  • Lot Features: Corner Lot, Cul-De-Sac, Subdivision

Utilities

  • Utilities: Electricity Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Community Pool
  • Association Fee: 1450.0
  • Association Fee Frequency: Annually

Schools

  • Elementary School: FROSTWOOD ELEMENTARY SCHOOL
  • Junior High Dist: 49 - Spring Branch
  • High School: MEMORIAL HIGH SCHOOL (SPRING BRANCH)
  • Middle Or Junior School: MEMORIAL MIDDLE SCHOOL (SPRING BRANCH)

Lot Info

  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2022
Sold by
Partners In Building Lp
Bought by
Mj Lemming 2014 Irrevocable Trust
Current Estimated Value
$3,558,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,240,000
Outstanding Balance
$2,137,982
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$1,420,705

Purchase Details

Listed on
Nov 6, 2020
Closed on
Feb 11, 2021
Sold by
Coolidge David and Coolidge Ashley
Bought by
Matlack Aaron and Matlack Christin
Seller's Agent
Tracy Ackley
Compass RE Texas, LLC - Houston
Buyer's Agent
Jessica Meyer
Greenwood King Properties - Voss Office
List Price
$1,299,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.00%
Original Mortgage
$2,000,000
Interest Rate
2.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2001
Sold by
Horning Larry D and Horning Lily B
Bought by
Coolidge David L and Coolidge Ashley B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.97%

Purchase Details

Closed on
Aug 31, 1993
Sold by
Mckerley Joan Scott Bowers and Mckerley Charles E
Bought by
Horning Larry D and Horning Lily B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,750
Interest Rate
7.23%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Mj Lemming 2014 Irrevocable Trust -- Startex Title
Mj Lemming 2014 Irrevocable Trust -- Startex Title
Matlack Aaron -- Charter Title Company
Coolidge David L -- Charter Title Company
Horning Larry D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mj Lemming 2014 Irrevocable Trust $2,240,000
Previous Owner Matlack Aaron $2,000,000
Previous Owner Coolidge David L $275,000
Previous Owner Horning Larry D $366,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2021 02/04/21 Sold -- -- --
01/05/2021 01/05/21 Pending -- -- --
11/06/2020 11/06/20 For Sale $1,299,000 -- --
Source: Houston Association of REALTORS®

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
2025 $56,576 $3,564,716 $1,140,000 $2,424,716
2024 $56,576 $3,815,038 $1,068,750 $2,746,288
2023 $56,576 $2,983,482 $997,500 $1,985,982
2022 $23,321 $997,500 $997,500 $0
2021 $87,932 $3,601,600 $2,358,090 $1,243,510
2020 $80,691 $3,220,435 $2,358,090 $862,345
2019 $91,629 $3,500,000 $2,358,090 $1,141,910
2018 $41,598 $3,400,000 $2,358,090 $1,041,910
2017 $88,947 $3,400,000 $2,358,090 $1,041,910
2016 $86,605 $3,400,000 $2,358,090 $1,041,910
2015 $58,045 $3,250,000 $2,021,220 $1,228,780
2014 $58,045 $3,094,000 $2,021,220 $1,072,780
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Tracy Ackley

    Compass RE Texas, LLC - Houston

    (713) 822-3138

    6 in this area

    21 Total Sales

    Tracy Ackley
    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Julie Sheets

    Compass RE Texas, LLC - Memorial

    (713) 465-8300

    22 in this area

    32 Total Sales

    Julie Sheets
    Section Image

  • J

    Buyer's Agent in 2021

    Jessica Meyer

    Greenwood King Properties - Voss Office

    (713) 478-0777

    3 in this area

    48 Total Sales

    Jessica Meyer
    Section Image
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Map

Source: Houston Association of REALTORS®

MLS Number: 18727062

Houston Association of REALTORS®

APN: 0855480000007

Texas Harris County Houston 77024 Memorial

126 Knipp Rd, Houston, TX

Not Listed for Sale

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