NOT LISTED FOR SALE

Estimated Value: $775,000 - $1,326,856

2 Beds
2.5 Baths
4,600 Sq Ft
$2,582/mo HOA Fee

Last Sold June 02, 2022

Current estimated payment $10,783/month

47 Days on Market

Highlights

  • Concierge
  • Penthouse
  • Clubhouse
  • School at St. George Place Rated A-
  • Views to the North
  • Marble Flooring

About This Home

As of June 2022

Sophisticated and chic full floor penthouse with soaring ceilings and magnificent panoramic views. Updated with style and elegance to appeal to discerning Buyers. Private Elevator Lobby, 60 ft. Balcony, stunning Formal Living Room which is adjacent to the expansive Family Room complete with floor to ceiling bookshelves and storage, fireplace, full bar with icemaker and temperature-controlled wine storage. The Primary Suite is enormous with wonderful bath and fantastic custom closet. The Formal Dining Room boasts breathtaking views. Cook’s Kitchen includes abundant cabinets, high end appliances, large island, fine stone finishes and a large Breakfast area with killer views. Entertain 10 or 100! A treat to see! Enjoy fitness center, resort style pool, and 24-hour concierge. Within close proximity of hundreds of shopping, dining, and entertainment venues.

Last Agent to Sell the Property

Donna Wilson

Martha Turner Sotheby's International Realty License #0397192 Listed on: 03/17/2022

Martha Turner Sotheby's International Realty

Last Buyer's Agent

Sandiya Venturato

Compass RE Texas, LLC - Houston License #0505753

Compass RE Texas, LLC - Houston

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,954

Year Built

  • Built in 2003

Lot Details

  • 1.19

HOA Fees

  • $2,582 Monthly HOA Fees

Home Design

  • Penthouse
  • Steel Beams

Interior Spaces

  • 4,600 Sq Ft Home
  • Gas Log Fireplace
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Utility Room
  • Home Gym
  • Views to the North

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Double Vanity
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Assigned Parking

Outdoor Features

  • Balcony
  • Terrace

Schools

  • School At St George Place Elementary School
  • Tanglewood Middle School
  • Wisdom High School

Utilities

  • Cooling Available
  • Air Source Heat Pump

Community Details

Overview

  • Association fees include common area insurance, gas, ground maintenance, maintenance structure, recreation facilities, sewer, trash, water
  • The Mercer Council Association
  • The Mercer Condos
  • Built by The Mercer
  • The Mercer Subdivision

Amenities

  • Concierge
  • Doorman
  • Trash Chute

Recreation

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$23,954

Year Built

Built in 2003

Lot Details

0

HOA Fees

$2,582 per month

Listing Details

  • Directions: From 610, go west on Richmond. Turn right (north) on S Rice Avenue. You will see the sign for The Mercer on your right (east) side. Turn right into the complex and park in a designated space either before of after the gate.
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 2003
  • Road Surface Type: Concrete
  • Ownership: Full Ownership
  • Subdivision Name: THE MERCER
  • Architectural Style: Penthouse
  • Entry Level: 30
  • New Construction: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Double Oven, Dryer, Dishwasher, Disposal, Gas Range, Microwave, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Wood
  • Interior Amenities: Breakfast Bar, Double Vanity, Elevator, Granite Counters, Jetted Tub, Kitchen Island, Bath in Primary Bedroom, Separate Shower, Tub Shower
  • Living Area: 4600.0
  • Dining Room Type: Breakfast Room/Nook, Dining Room, Family Room, Living Room, Office, Utility Room, Exercise Room, Half Bath
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Builder Name: The Mercer
  • Disclosures: Seller Disclosure
  • Pool Private: No
  • View: North
  • Construction Type: Glass, Steel
  • Exterior Features: Balcony
  • Patio And Porch Features: Terrace

Garage/Parking

  • Park Building Name: THE MERCER
  • Parking Features: Assigned
  • Total Parking Spaces: 2.0

Utilities

  • Security: Door Man, Key Card Entry
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Clubhouse, Trash Chute
  • Amenities: Concierge
  • Association Fee: 2582.0
  • Association Fee Frequency: Monthly
  • Association Name: The Mercer Council

Fee Information

  • Association Fee Includes: Common Area Insurance, Gas, Maintenance Grounds, Maintenance Structure, Recreation Facilities, Sewer, Trash, Water

Schools

  • Elementary School: SCHOOL AT ST GEORGE PLACE
  • Junior High Dist: 27 - Houston
  • High School: WISDOM HIGH SCHOOL
  • Middle Or Junior School: TANGLEWOOD MIDDLE SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2022
Closed on
Jun 2, 2022
Sold by
King William E
Bought by
Shagagi Suzan K and Aparviz Daniel
Seller's Agent
Donna Wilson
Martha Turner Sotheby's International Realty
Buyer's Agent
Sandiya Venturato
Compass RE Texas, LLC - Houston
List Price
$1,750,000
Sold Price
$1,530,000
Premium/Discount to List
-$220,000
-12.57%
Current Estimated Value
$1,118,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$411,704
Avg. Annual Appreciation
-11.11%

Purchase Details

Closed on
Aug 3, 2013
Sold by
Turner Jeremy and Turner Jeremy G
Bought by
King William E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2011
Sold by
Turner Lana and Dimova Svetlana
Bought by
Turner Jeremy G
Source: Public Records

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Range of Values:

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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
Shagagi Suzan K -- New Title Company Name
King William E -- None Available
Turner Jeremy G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner King William $510,400
Previous Owner King William E $840,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2022 06/02/22 Sold -- -- --
05/03/2022 05/03/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $1,750,000 -- $380 / 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 $23,954 $1,071,364 $264,363 $807,001
2023 $23,954 $1,298,700 $265,877 $1,032,823
2022 $30,958 $1,399,354 $265,877 $1,133,477
2021 $29,689 $1,200,000 $228,000 $972,000
2020 $33,987 $1,325,000 $251,750 $1,073,250
2019 $33,906 $1,325,000 $251,750 $1,073,250
2018 $22,193 $1,152,777 $219,028 $933,749
2017 $30,802 $1,152,777 $219,028 $933,749
2016 $33,072 $1,410,575 $268,009 $1,142,566
2015 $22,140 $1,410,575 $268,009 $1,142,566
2014 $22,140 $1,022,916 $194,354 $828,562
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 32481850

Houston Association of REALTORS®

APN: 1240530000053