NOT LISTED FOR SALE

Estimated Value: $791,000 - $1,439,867

8 Beds
6 Baths
4,608 Sq Ft
$236/Sq Ft Est. Value

Last Sold January 31, 2020

Current estimated payment $7,770/month

141 Days on Market

About This Home

As of January 2020

UNBELIEVABLE INVESTMENT OPPORTUNITY IN A FAST GROWING - REDISCOVERED GALLERIA AREA LOCATION. OWN NOW, BUILD LATER. GREAT COVERED LAND PLAY, 3 UNITS, A DUPLEX, AND ONE FREE-STANDING UNIT. A & B UNITS ARE THE DUPLEXES. TREES ARE PERFECTLY POSITIONED FOR NEW BUILDS. THE RENTAL UNITS WERE RECENTLY IMPROVED FOR TENANT COMFORT. SMALL POOL IN BACK AND GOOD PARKING FOR RENTAL UNITS. FANTASTIC LOCATION IN GALLERIA'S FASTEST GROWING AREA. CLOSE TO SHOPPING, CLOSE TO BOTH 610 LOOP AND HIGHWAY 59. RARE OPPORTUNITY TO OBTAIN HIGHLY SOUGHT AFTER GALLERIA PROPERTIES. PLEASE DRIVE BY FIRST AND THEN SCHEDULE A SHOWING AFTER CONTEMPLATING " NEW CONSTRUCTION".

Last Agent to Sell the Property

Tom Cervone

Camelot Realty Group License #0331008 Listed on: 08/12/2019

Last Buyer's Agent

Anthony Melos

Signature Homes Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,169

Year Built

  • Built in 1970

Lot Details

  • 0.3

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 4,608 Sq Ft Home
  • 2-Story Property

Schools

  • Briargrove Elementary School
  • Tanglewood Middle School
  • Wisdom High School

Additional Features

  • 0.3 Acre Lot
  • Central Heating and Cooling System

Community Details

  • 3 Units
  • Westhaven Estates Sec 01 Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,169

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1970
  • Subdivision Name: Westhaven Estates Sec 01
  • Unit Levels: Two
  • New Construction: No
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 4608.0

Exterior Features

  • Disclosures: None
  • Roof: Composition

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Schools

  • Elementary School: BRIARGROVE ELEMENTARY SCHOOL
  • Junior High Dist: 27 - Houston
  • High School: WISDOM HIGH SCHOOL
  • Middle Or Junior School: TANGLEWOOD MIDDLE SCHOOL

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 16169.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2023
Sold by
Vick Karl Anthony
Bought by
Oak & Cedar Texas Llc
Current Estimated Value
$1,089,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Outstanding Balance
$600,629
Interest Rate
7.76%
Mortgage Type
Seller Take Back
Estimated Equity
$488,660

Purchase Details

Listed on
Aug 12, 2019
Closed on
Jan 30, 2020
Sold by
Tmahc Inc
Bought by
Vick Karl Anthony
Seller's Agent
Tom Cervone
Camelot Realty Group
Buyer's Agent
Anthony Melos
Signature Homes Realty
List Price
$949,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.04%
Original Mortgage
$615,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 15, 2017
Closed on
Sep 12, 2017
Sold by
Pratt Burtner Mary Kathleen and Pratt Wilkens Sandra
Bought by
Tmach Inc and Lkl Development Group Llc
Seller's Agent
Leigh Mcfarlane
Compass RE Texas, LLC - Houston
Buyer's Agent
Tom Cervone
Camelot Realty Group
List Price
$799,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.39%
Original Mortgage
$620,000
Interest Rate
3.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 15, 2010
Sold by
Pratt Kathleen C
Bought by
Pratt James L
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
Oak & Cedar Texas Llc $615,000 American Title
Oak & Cedar Texas Llc $615,000 American Title
Vick Karl Anthony -- None Available
Tmach Inc -- Chicago Title
Pratt James L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oak & Cedar Texas Llc $615,000
Closed Oak & Cedar Texas Llc $615,000
Previous Owner Vick Karl Anthony $615,000
Previous Owner Tmach Inc $620,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2024 12/01/24 Off Market -- -- --
12/30/2021 12/30/21 Off Market $1,799 -- --
01/31/2020 01/31/20 Sold -- -- --
01/01/2020 01/01/20 Pending -- -- --
08/12/2019 08/12/19 For Sale $949,000 0.0% $206 / Sq Ft
01/06/2018 01/06/18 Rented $1,799 -14.3% --
12/07/2017 12/07/17 Under Contract -- -- --
10/04/2017 10/04/17 For Rent $2,100 0.0% --
09/12/2017 09/12/17 Sold -- -- -- View Prior Sale
08/13/2017 08/13/17 Pending -- -- --
06/15/2017 06/15/17 For Sale $799,000 -- $173 / 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
2025 $24,349 -- -- --
2024 $24,349 $1,163,700 $841,750 $321,950
2023 $24,349 $1,123,046 $841,750 $281,296
2022 $24,728 $1,123,046 $841,750 $281,296
2021 $22,512 $965,924 $712,250 $253,674
2020 $23,391 $965,924 $712,250 $253,674
2019 $22,653 $895,206 $712,250 $182,956
2018 $25,522 $1,008,612 $712,250 $296,362
2017 $16,183 $640,000 $639,800 $200
2016 $16,183 $640,000 $639,800 $200
2015 $16,452 $640,000 $639,900 $100
2014 $16,452 $769,266 $518,000 $251,266
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 50799309

Houston Association of REALTORS®

APN: 0761790020119