NOT LISTED FOR SALE

Estimated Value: $1,844,000 - $2,208,268

0.3 Acre
$6,588,548 Price per Acre
13,020 Sq Ft Lot

Last Sold May 13, 2021

Current estimated payment $13,360/month

60 Days on Market

About This Lot

As of May 2021

UNBELIEVABLE one of a kind OPPORTUNITY in highly desired PRIME Memorial area location to build a luxury custom DREAM home on an oversized lot! This oversized lot offers over 13,000 SQ FT w/FULLY APPROVED PLANS from the city & HOA making this a TURNKEY PROJECT w/permits already paid for! Construction can start IMMEDIATELY on your new custom home to be built on this CORNER lot w/mature trees. Currently approved plan features a unique & modern design w/over 7700+ SQ FT of living space & front/backyard areas for entertaining w/enough room for a future pool! 9,663 gross total covered area includes garage, balconies & covered exterior porches, the possibilities are ENDLESS! This corner lot is situated just off Beltway 8 & is minutes from area shopping, dining, amenities & City Centre. This lot even offers FRONT DRIVEWAY approach which only homes on Memorial Drive offer per the HOA, unbelievable opportunity! Call The Seth Brothers Today and discuss how YOU can build YOUR next home right here!

Last Agent to Sell the Property

Sonit Seth

eXp Realty, LLC License #0617697 Listed on: 02/11/2021

eXp Realty, LLC

Last Buyer's Agent

Hai Nguyen

Intercontinental Properties License #0691418

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,369

Lot Details

  • 0.3 Acre Lot
  • Corner Lot
  • Cleared Lot

HOA Fees

  • $29 Monthly HOA Fees

Schools

  • Rummel Creek Elementary School
  • Memorial Middle School
  • Stratford High School

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • Memorial Plaza Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$11,369

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Directions: Take Sam Houston Tollway N; take exit toward Memorial Dr/Kimberley Ln; turn LEFT on Memorial Drive, property is .25 miles down
  • Prop. Type: Land
  • Lot Size Acres: 0.2989
  • Road Surface Type: Concrete
  • Subdivision Name: Memorial Plaza
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Disclosures: None
  • Lot Features: Cleared, Corner Lot

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 350.0
  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 11369.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2021
Closed on
May 7, 2021
Sold by
Wong Stephen
Bought by
Savannah Bellaire Hm Builders
Seller's Agent
Sonit Seth
eXp Realty, LLC
Buyer's Agent
Hai Nguyen
Intercontinental Properties
List Price
$595,000
Current Estimated Value
$1,969,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.95%
Original Mortgage
$129,000,000
Outstanding Balance
$117,154,415
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
-$115,170,869

Purchase Details

Closed on
Mar 5, 2021
Sold by
Memorial Electra Home Llc
Bought by
Wong Stephen

Purchase Details

Closed on
Jun 15, 2017
Sold by
Swam Holdings Llc
Bought by
Memorial Electra Home Llc

Purchase Details

Closed on
Oct 8, 2013
Sold by
Kane Walter and Kane Asma
Bought by
Swam Holdings Llc

Purchase Details

Closed on
Oct 3, 2006
Sold by
Leeder Josette
Bought by
Kane Walter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Savannah Bellaire Hm Builders -- Old Republic National Title In
Wong Stephen -- None Listed On Document
Memorial Electra Home Llc -- None Available
Swam Holdings Llc -- None Available
Kane Walter -- Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Savannah Bellaire Hm Builders $129,000,000
Previous Owner Kane Walter $195,525
Previous Owner Kane Walter $204,000
Previous Owner Kane Walter $25,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2021 05/13/21 Sold -- -- --
04/13/2021 04/13/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $595,000 -- $271 / Sq Ft
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
2024 $31,212 $1,831,017 $478,800 $1,352,217
2023 $31,212 $1,557,467 $478,800 $1,078,667
2022 $10,746 $459,648 $459,648 $0
2021 $11,222 $459,648 $459,648 $0
2020 $11,517 $459,648 $459,648 $0
2019 $12,697 $485,000 $459,648 $25,352
2018 $5,934 $485,000 $459,648 $25,352
2017 $12,688 $485,000 $459,648 $25,352
2016 $12,688 $485,000 $459,648 $25,352
2015 $5,062 $520,386 $459,648 $60,738
2014 $5,062 $377,998 $325,584 $52,414
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 83378629

Houston Association of REALTORS®

APN: 0854200000009