NOT LISTED FOR SALE

5353 Institute Ln Unit 19 Houston, TX 77005

Museum Park Neighborhood

Estimated Value: $257,728 - $288,000

2 Beds
2 Baths
1,105 Sq Ft
$705/mo HOA Fee

Last Sold April 20, 2023

Current estimated payment $2,780/month

56 Days on Market

Highlights

  • Gated Community
  • 53,131 Sq Ft lot
  • Traditional Architecture
  • Poe Elementary School Rated A-
  • Views to the North
  • Granite Countertops

About This Home

As of April 2023

Welcome to 5353 Institute Ln #19, a magnificent condo in the heart of the Museum District. If you would like to be walking distance to Rice University, Rice Village & The Med Center, this is the home for you! This corner unit on a quiet, Magnolia tree-lined street receives plenty of natural light from the end unit windows. Recently renovated, this condo features 2 bedrooms, 2 bathrooms, and designer finishes throughout. The recently installed luxury vinyl plank flooring has an added layer of material for noise dampening and durability. Enjoy cooking in the stylish kitchen with stainless steel appliances, granite counters, and a breakfast bar. A walk-in pantry adds extra storage and convenience. The bedrooms offer large walk-in closets and ceiling fans, while the balcony overlooks a charming courtyard garden and pool. Owners are allowed to install an in-unit washer and dryer per HOA rules. Call us today for more information & to schedule your Virtual or Private Tour!

Last Agent to Sell the Property

Ryan Steer

Real Broker, LLC License #0682051 Listed on: 01/25/2023

Real Broker, LLC

Co-Listed By

Katelyn Day

Real Broker, LLC License #0663685

Last Buyer's Agent

Laurie Mattingly

Real Broker, LLC License #0776950

Real Broker, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,752

Year Built

  • Built in 1970

Lot Details

  • 1.22

HOA Fees

  • $705 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,105 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Ceiling Fan
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Views to the North

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven
  • Electric Cooktop
  • <<microwave>>
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Tile
  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Attached Carport Space
  • Assigned Parking

Outdoor Features

  • Balcony
  • Outdoor Storage

Schools

  • Poe Elementary School
  • Lanier Middle School
  • Lamar High School

Utilities

  • Central Heating and Cooling System
  • Programmable Thermostat

Additional Features

  • Energy-Efficient Thermostat
  • South Facing Home

Community Details

Overview

  • Association fees include cable TV, electricity, insurance, ground maintenance, maintenance structure, recreation facilities, sewer, trash, utilities, water
  • Pro Concept Management Association
  • University Park Place Subdivision

Recreation

  • Community Pool

Additional Features

  • Laundry Facilities
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,752

Year Built

Built in 1970

Lot Details

0

HOA Fees

$705 per month

Listing Details

  • Directions: Head east on I-69. Take exit 126B toward Greenbriar Dr/Shepherd Dr. Merge onto SW Freeway Service Rd. Turn right onto Greenbriar Dr. Turn left onto Bissonnet St. Turn right onto Institute Ln. Property will be on the left. Unit is in the last building, upstairs to the left - Unit #19.
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1970
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: RODY01
  • Co List Office Phone: 855-450-0442
  • Ownership: Full Ownership
  • Subdivision Name: University Park Place
  • Architectural Style: Traditional
  • Carport Y N: Yes
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Thermostat
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Flooring: Plank, Tile, Vinyl
  • Interior Amenities: Breakfast Bar, Crown Molding, Granite Counters, Kitchen/Family Room Combo, Pantry, Walk-In Pantry, Ceiling Fan(s), Living/Dining Room, Programmable Thermostat
  • Living Area: 1105.0
  • Dining Room Type: Family Room, Living Room
  • Stories: 2
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: First Right of Refusal, Seller Disclosure
  • Roof: Composition
  • Pool Private: No
  • View: North
  • Construction Type: Brick
  • Direction Faces: South
  • Exterior Features: Balcony, Storage
  • Foundation Details: Slab
  • Patio And Porch Features: Balcony

Garage/Parking

  • Carport Spaces: 1.0
  • Parking Features: Attached Carport, Assigned, Carport

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Community Pool, Curbs
  • Amenities: Gated
  • Association Fee: 705.0
  • Association Fee Frequency: Monthly
  • Association Name: Pro-Concept Management

Fee Information

  • Association Fee Includes: Cable TV, Electricity, Insurance, Maintenance Grounds, Maintenance Structure, Recreation Facilities, Sewer, Trash, Utilities, Water

Schools

  • Elementary School: POE ELEMENTARY SCHOOL
  • Junior High Dist: 27 - Houston
  • High School: LAMAR HIGH SCHOOL (HOUSTON)
  • Middle Or Junior School: LANIER MIDDLE SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5752.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2023
Closed on
Apr 20, 2023
Sold by
Tunnell Christpher and Tunnell Maya
Bought by
Bixby David Robert and Bixby Ashlee
Seller's Agent
Ryan Steer
Real Broker, LLC
Buyer's Agent
Laurie Mattingly
Real Broker, LLC
List Price
$289,000
Sold Price
$289,000
Views
38
Current Estimated Value
$275,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,568
Avg. Annual Appreciation
3.44%
Original Mortgage
$216,750
Outstanding Balance
$211,522
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$100,249

Purchase Details

Closed on
Jun 10, 2012
Sold by
Petrou Theodore D and Petrou Steven
Bought by
Sims Claudia Ann

Purchase Details

Closed on
Dec 18, 2002
Sold by
Summa Joseph R and Summa Grey
Bought by
Baker Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
6.05%

Purchase Details

Closed on
Jun 14, 2002
Sold by
Faloon William
Bought by
Bejer Willard Lamark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.82%

Purchase Details

Closed on
Apr 16, 1997
Sold by
Elorriaga Donna J and Elorriaga Frank
Bought by
Wyatt Sanford N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
7.82%
Source: Public Records

Range of Values:

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Average Value
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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
Bixby David Robert -- None Listed On Document
Sims Claudia Ann -- None Available
Baker Patricia A -- --
Bejer Willard Lamark -- American Title Co
Wyatt Sanford N -- Texas American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bixby David Robert $216,750
Closed Bixby David Robert $216,750
Previous Owner Baker Patricia A $85,500
Previous Owner Bejer Willard Lamark $64,000
Previous Owner Wyatt Sanford N $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2023 04/20/23 Sold -- -- --
03/31/2023 03/31/23 For Sale $289,000 0.0% $262 / Sq Ft
03/23/2023 03/23/23 Pending -- -- --
03/07/2023 03/07/23 For Sale $289,000 0.0% $262 / Sq Ft
02/02/2023 02/02/23 Off Market -- -- --
01/25/2023 01/25/23 For Sale $289,000 +9.1% $262 / Sq Ft
07/13/2021 07/13/21 Sold -- -- --
06/13/2021 06/13/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $265,000 -- $240 / 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 $6,645 $317,593 $60,343 $257,250
2023 $6,645 $292,870 $55,645 $237,225
2022 $5,434 $246,790 $46,890 $199,900
2021 $3,975 $170,555 $32,405 $138,150
2020 $4,137 $170,856 $32,463 $138,393
2019 $4,323 $170,856 $32,463 $138,393
2018 $4,230 $167,181 $31,764 $135,417
2017 $4,227 $167,181 $31,764 $135,417
2016 $4,227 $167,181 $31,764 $135,417
2015 $3,434 $133,566 $25,378 $108,188
2014 $3,434 $133,566 $25,378 $108,188
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 2591181

Houston Association of REALTORS®

APN: 1100800000005