NOT LISTED FOR SALE

1616 Elgin St Unit 11 Houston, TX 77004

Midtown Neighborhood

Estimated Value: $272,262 - $300,000

2 Beds
2 Baths
1,426 Sq Ft
$201/Sq Ft Est. Value

Last Sold March 31, 2021

Current estimated payment $2,004/month

About This Home

As of March 2021

LOFT LIVING AT ITS BEST in Midtown! Fantastic views of downtown and nearby Baldwin Park from all three floors. Open living area to the kitchen and dining with high ceilings. The stairs boast modern cable railing and the exposed rafters add to the industrial look! The master bedroom offers a full bath, walk-in closet & double vanity! The 3rd floor area could be used as a home office, additional living space or art studio. Recently installed flooring, fresh paint, ready for move in! Lease includes washer, dryer, refrigerator.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
Mar 31, 2021
Sold by
Bills Jessica N and Boragine David M
Bought by
Young Kenneth
Seller's Agent
SUSANNE WHEAT
Greenwood King Properties - Heights Office
Buyer's Agent
Ryan Cabiya
RE/MAX Integrity
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$287,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,316
Avg. Annual Appreciation
3.36%
Original Mortgage
$175,000
Outstanding Balance
$159,237
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$128,079

Purchase Details

Closed on
May 25, 2018
Sold by
Kalba Jeffrey W
Bought by
Bills Jessica N and Boragine David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,750
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2008
Sold by
Richey Toby
Bought by
Kalba Jeffrey W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2005
Sold by
Quintanilla Adan
Bought by
Richey Toby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 29, 2003
Sold by
Federal National Mortgage Association
Bought by
Quintanilla Adan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,250
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2003
Sold by
Pham Tin Allen
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 30, 2000
Sold by
Caspian/Rennaissance Venture
Bought by
Pham Tin Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,550
Interest Rate
7.84%
Source: Public Records

Range of Values:

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ICE

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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
Young Kenneth -- New Title Company Name
Young Kenneth -- New Title Company Name
Bills Jessica N -- None Available
Kalba Jeffrey W -- Stewart Title Company
Richey Toby -- Stewart Title Company
Quintanilla Adan -- Texas American Title Company
Federal National Mortgage Association $173,023 --
Pham Tin Allen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Kenneth $175,000
Closed Young Kenneth $175,000
Previous Owner Bills Jessica N $188,750
Previous Owner Bills Jessica N $25,000
Previous Owner Kalba Jeffrey W $153,300
Previous Owner Kalba Jeffrey W $150,000
Previous Owner Richey Toby $148,000
Previous Owner Quintanilla Adan $125,250
Previous Owner Pham Tin Allen $198,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2023 06/07/23 Rented $2,250 0.0% --
06/06/2023 06/06/23 Under Contract -- -- --
05/24/2023 05/24/23 Price Changed $2,250 -4.3% $2 / Sq Ft
04/11/2023 04/11/23 For Rent $2,350 +20.5% --
07/01/2021 07/01/21 Rented $1,950 +8.3% --
06/01/2021 06/01/21 Under Contract -- -- --
05/14/2021 05/14/21 For Rent $1,800 0.0% --
03/31/2021 03/31/21 Sold -- -- --
03/01/2021 03/01/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $250,000 -- $175 / Sq Ft

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
2023 $5,744 $259,836 $49,369 $210,467
2022 $6,028 $259,836 $49,369 $210,467
2021 $5,276 $226,355 $43,007 $183,348
2020 $5,874 $231,306 $43,948 $187,358
2019 $6,126 $231,306 $43,948 $187,358
2018 $5,853 $231,306 $43,948 $187,358
2017 $6,122 $231,306 $43,948 $187,358
2016 $5,734 $264,648 $50,283 $214,365
2015 $3,691 $264,648 $50,283 $214,365
2014 $3,691 $179,062 $37,240 $141,822
Source: Public Records

Agents Affiliated with this Home

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