NOT LISTED FOR SALE

16022 Coe Loop Magnolia, TX 77355

Estimated Value: $998,698

1.08 Acres
$924,720 Price per Acre
47,045 Sq Ft Lot

Last Sold January 13, 2022

Current estimated payment $5,766/month

284 Days on Market

Highlights

  • Corner Lot
  • J.L. Lyon Elementary School Rated 9+
  • Open Space

About This Lot

As of January 2022

This is a 1 + acre COMMERCIAL lot with a 5000 sf metal building on a slab. It is air conditioned and use now for storage. It was built in 2015. Plenty of parking for you business. There is a 1200 sf stone and metal building on slab with a patio. It's being rented for $3300 a month for 1 year. Lease is up March 1, 2022. There is another shell building 20 x 32. New commercial septic drip system. City water. Nice Mature trees. This property has so much potential, bring any business idea!

Last Agent to Sell the Property

Tammy Teale

United Real Estate License #0672529 Listed on: 03/04/2021

United Real Estate

Last Buyer's Agent

Tammy Teale

United Real Estate License #0672529 Listed on: 03/04/2021

United Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,296

Lot Details

  • 1.08 Acre Lot
  • Open Space
  • Corner Lot
  • Level Lot
  • Cleared Lot

Schools

  • J.L. Lyon Elementary School
  • Magnolia Junior High School
  • Magnolia West High School

Utilities

  • Septic Tank
  • Phone Available

Community Details

  • Towering Oaks 02 Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$5,296

Lot Details

1.08 Acres

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.08
  • Road Surface Type: Asphalt
  • Subdivision Name: Towering Oaks 02
  • UniversalParcelId: urn:reso:upi:2.0:US:48339:9284-02-00010
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Manufactured Home, Multi-Family, Other

Exterior Features

  • Disclosures: Seller Disclosure
  • Lot Features: Cleared, Corner Lot, Level, Open Lot

Utilities

  • Utilities: Electricity Available, Phone Available
  • Sewer: Septic Tank
  • Water Source: Public

Schools

  • Elementary School: J.L. LYON ELEMENTARY SCHOOL
  • Junior High Dist: 36 - Magnolia
  • High School: MAGNOLIA WEST HIGH SCHOOL
  • Middle Or Junior School: MAGNOLIA JUNIOR HIGH SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5296.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Jan 13, 2022
Sold by
Steve Diacos
Bought by
Kisha 6 Inc
Seller's Agent
Tammy Teale
United Real Estate
Buyer's Agent
Tammy Teale
United Real Estate
List Price
$1,000,000
Current Estimated Value
$998,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.35%
Original Mortgage
$600,000
Outstanding Balance
$480,889
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$528,330

Purchase Details

Closed on
Aug 7, 2014
Sold by
Hoot Phillip
Bought by
Diacos Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2004
Sold by
Hodges Rustin
Bought by
Hoot Phillip

Purchase Details

Closed on
Dec 22, 2004
Sold by
Abc Land & Development Inc
Bought by
Hodges Rustin

Purchase Details

Closed on
May 12, 1999
Sold by
Abc Land & Dev Co Inc
Bought by
Diacos Steve
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Kisha 6 Inc $798,000 Stewart Title
Diacos Steve -- Alamo Title Co
Hoot Phillip -- --
Hodges Rustin -- --
Diacos Steve -- --
Diacos Steve -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kisha 6 Inc $600,000
Previous Owner Diacos Steve $52,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2022 01/13/22 Sold -- -- --
12/14/2021 12/14/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $1,000,000 -- --
Source: Houston Association of REALTORS®

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 $7,517 $474,845 $47,045 $427,800
2024 $7,517 $509,259 $47,045 $462,214
2023 $7,499 $475,000 $47,040 $427,960
2022 $9,145 $518,240 $47,040 $471,200
2021 $6,022 $323,970 $47,040 $276,930
2020 $5,296 $261,690 $47,040 $214,650
2019 $5,293 $262,800 $47,040 $215,760
2018 $500 $23,630 $23,630 $0
2017 $187 $8,840 $8,840 $0
2016 $187 $8,840 $8,840 $0
2015 $190 $8,840 $8,840 $0
2014 $190 $8,840 $8,840 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 6886992

Houston Association of REALTORS®

APN: 9284-02-00010

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