NOT LISTED FOR SALE

24926 Fm 1488 Rd Magnolia, TX 77355

Estimated Value: $584,311

0.72 Acre
$811,543 Price per Acre
31,363 Sq Ft Lot

Last Sold April 08, 2016

Current estimated payment $3,618/month

437 Days on Market

Highlights

  • 2 Car Detached Garage
  • Central Heating and Cooling System
  • Wood Siding
  • Shed

About This Lot

As of April 2016

PRIME LOCATION FOR NEW BUSINESS OWNER.Motivated seller....center can be used for small business office spaces or retail. Warehouse in back has two full over head doors. Warehouse has built in office space and is plumbed for toilet. See survey for building sq ftg. County has it wrong.

Last Agent to Sell the Property

Judy Doyle

Active Real Estate License #0215041 Listed on: 12/28/2014

Last Buyer's Agent

Judy Doyle

Active Real Estate License #0215041 Listed on: 12/28/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,648

Year Built

  • Built in 2007

Lot Details

  • 0.72 Acre Lot
  • Property fronts a highway

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Siding
  • Stone Siding

Schools

  • Willie E. Williams Elementary School
  • Magnolia Junior High School
  • Magnolia West High School

Utilities

  • Central Heating and Cooling System
  • Aerobic Septic System

Community Details

Overview

  • Oak Hollow 6 Subdivision

Recreation

  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$5,648

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Land
  • Year Built: 2007
  • Lot Size Acres: 0.72
  • Road Frontage Type: Highway
  • Road Surface Type: Asphalt
  • Subdivision Name: Oak Hollow 6
  • Garage Yn: Yes
  • New Construction: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48473:636206-000-006-000
  • Special Features: None

Interior Features

  • Possible Use: Other

Exterior Features

  • Disclosures: None
  • Pool Private: No
  • Construction Type: Stone, Wood Siding
  • Other Structures: Shed(s)

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Aerobic Septic
  • Water Source: Public

Schools

  • Elementary School: WILLIE E. WILLIAMS ELEMENTARY SCHOOL
  • Junior High Dist: 55 - Waller
  • High School: MAGNOLIA WEST HIGH SCHOOL
  • Middle Or Junior School: MAGNOLIA JUNIOR HIGH SCHOOL

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 5648.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2014
Closed on
Apr 5, 2016
Sold by
Robinson Asset Management Inc
Bought by
Chepes Meat Market Llc
Seller's Agent
Judy Doyle
Active Real Estate
Buyer's Agent
Judy Doyle
Active Real Estate
List Price
$360,000
Current Estimated Value
$584,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Original Mortgage
$211,250
Outstanding Balance
$166,578
Interest Rate
3.62%
Mortgage Type
Commercial
Estimated Equity
$417,733

Purchase Details

Closed on
May 15, 2012
Sold by
Daniels Joe and Daniels Julia Michele
Bought by
Robinson Asset Management Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.02%
Mortgage Type
Commercial
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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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
Chepes Meat Market Llc -- South Land Title
Robinson Asset Management Inc -- Alamo Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chepes Meat Market Llc $211,250
Previous Owner Robinson Asset Management Inc $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2016 04/08/16 Sold -- -- --
03/09/2016 03/09/16 Pending -- -- --
12/28/2014 12/28/14 For Sale $360,000 -- $86 / 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 $6,385 $565,470 $188,640 $376,830
2024 $6,385 $576,800 $188,640 $388,160
2023 $6,385 $498,240 $72,000 $426,240
2022 $5,897 $455,470 $72,000 $383,470
2021 $7,419 $356,160 $57,600 $298,560
2020 $7,153 $335,490 $57,600 $277,890
2019 $8,071 $362,520 $33,480 $329,040
2018 $5,522 $256,030 $32,400 $223,630
2017 $5,620 $258,600 $32,400 $226,200
2016 $5,669 $260,870 $32,400 $228,470
2015 $5,599 $263,440 $32,400 $231,040
2014 $5,599 $251,470 $21,600 $229,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 30582494

Houston Association of REALTORS®

APN: 211875