NOT LISTED FOR SALE

Estimated Value: $232,000

0.22 Acre
$1,052,632 Price per Acre
9,600 Sq Ft Lot

Last Sold July 04, 2024

Current estimated payment $1,576/month

44 Days on Market

About This Lot

As of July 2024

Incredible opportunity for developers, investors, and business owners in a prime location in Houston. Versatile property with approved plans for a warehouse flex space, perfect for small businesses. No restrictions or HOA, with all utilities ready for immediate development. Strategically located for easy access to major highways and outside of flood zones. This 9,600 sqft lot offers great visibility and connectivity for a secure investment. Listed at $249,900, this property at 5029 Pinemont is a must-see for those looking to establish or expand their enterprise in a key Houston location.

Last Agent to Sell the Property

Shayan Malayeri

Walzel Properties - Corporate Office License #0720736 Listed on: 04/16/2024

Walzel Properties - Corporate Office

Last Buyer's Agent

Ahmad Adam

Adam Group Realty, LLC License #0644691

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,255

Lot Details

  • 9,600 Sq Ft Lot
  • Wooded Lot

Schools

  • Smith Elementary School
  • Clifton Middle School
  • Scarborough High School

Community Details

  • Rosslyn Heights Sec 01 Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$4,255

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.2204
  • Road Surface Type: Concrete
  • Subdivision Name: Rosslyn Heights Sec 01
  • UniversalParcelId: urn:reso:upi:2.0:US:48201:140-139-001-0001
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Multi-Family, Other, Residential, Single Family

Exterior Features

  • Disclosures: None
  • Lot Features: Wooded

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Schools

  • Elementary School: SMITH ELEMENTARY SCHOOL (HOUSTON)
  • Junior High Dist: 27 - Houston
  • High School: SCARBOROUGH HIGH SCHOOL
  • Middle Or Junior School: CLIFTON MIDDLE SCHOOL (HOUSTON)

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4255.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2024
Closed on
Jul 5, 2024
Sold by
Fard Hooman
Bought by
Golden Ventures Group Llc
Seller's Agent
Shayan Malayeri
Walzel Properties - Corporate Office
Buyer's Agent
Ahmad Adam
Adam Group Realty, LLC
List Price
$249,900
Views
6
Current Estimated Value
$232,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.91%
Original Mortgage
$175,000
Outstanding Balance
$172,926
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$59,074

Purchase Details

Listed on
May 17, 2022
Closed on
Oct 12, 2022
Sold by
Deblieux Catherine
Bought by
Fard Hooman
Seller's Agent
Bruce Ham
Real Broker, LLC
Buyer's Agent
Matt Issa
Compass RE Texas, LLC - Houston
List Price
$235,000
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.63%
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
Golden Ventures Group Llc -- None Listed On Document
Fard Hooman -- Riverway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Golden Ventures Group Llc $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/04/2024 07/04/24 Sold -- -- --
05/31/2024 05/31/24 Pending -- -- --
04/16/2024 04/16/24 For Sale $249,900 +11.1% --
10/12/2022 10/12/22 Sold -- -- -- View Prior Sale
08/30/2022 08/30/22 Pending -- -- --
06/22/2022 06/22/22 Price Changed $224,900 -4.3% --
05/17/2022 05/17/22 For Sale $235,000 -- --
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 $4,255 $211,200 $211,200 --
2024 $4,255 $211,200 $211,200 --
2023 $4,255 $211,200 $211,200 $0
2022 $3,171 $144,015 $144,015 $0
2021 $2,909 $124,813 $124,813 $0
2020 $3,487 $144,015 $144,015 $0
2019 $2,429 $96,010 $96,010 $0
2018 $2,429 $96,000 $96,000 $0
2017 $1,563 $61,869 $57,600 $4,269
2016 $1,286 $50,873 $43,200 $7,673
2015 -- $50,869 $43,200 $7,669
2014 -- $36,784 $28,800 $7,984
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 61934609

Houston Association of REALTORS®

APN: 1401390010001