NOT LISTED FOR SALE

618 E 40th St Unit 5 Houston, TX 77022

Independence Heights Neighborhood
-- Bed
-- Bath
4,200 Sq Ft
9,000 Sq Ft Lot

Last Sold April 22, 2022

58 Days on Market

About This Home

As of April 2022

FANTASTIC discounted opportunity for a multi-family unit on a 9000 sf lot (per HCAD) in Independence Heights! Prior to catching fire, the structure was configured as 5, 2 bedroom 1bathroom units. The property has been gutted post-fire, and is awaiting an investor to rebuild this blank slate, or tear-down and start anew in this rapidly developing area! This property is being sold AS-IS. Cash/Hard money only.

Last Agent to Sell the Property

Shaka Daniel

Pure Real Estate Acquisitions License #0679998 Listed on: 01/11/2022

Last Buyer's Agent

Shaka Daniel

Pure Real Estate Acquisitions License #0679998 Listed on: 01/11/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,899

Year Built

  • Built in 1972

Lot Details

  • 9,000 Sq Ft Lot

Home Design

  • Composition Roof

Interior Spaces

  • 4,200 Sq Ft Home
  • 1-Story Property

Schools

  • Burrus Elementary School
  • Williams Middle School
  • Washington High School

Utilities

  • No Cooling
  • No Heating

Community Details

  • 5 Units
  • Independence Heights School Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,899

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Year Built: 1972
  • Subdivision Name: Independence Heights School
  • Unit Levels: One
  • New Construction: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48201:021-129-000-0025
  • Special Features: None

Interior Features

  • Living Area: 4200.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Seller Disclosure
  • Roof: Composition

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No

Schools

  • Elementary School: BURRUS ELEMENTARY SCHOOL
  • Junior High Dist: 27 - Houston
  • High School: WASHINGTON HIGH SCHOOL
  • Middle Or Junior School: WILLIAMS MIDDLE SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3899.0

Multi Family

  • Number Of Units Total: 5

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

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2022 04/22/22 Sold -- -- --
03/10/2022 03/10/22 Pending -- -- --
01/11/2022 01/11/22 For Sale $385,000 -- $92 / 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 $6,756 $597,242 $252,000 $345,242
2024 $6,756 $322,892 $252,000 $70,892
2023 $6,756 $278,310 $252,000 $26,310
2022 $5,090 $231,159 $225,000 $6,159
2021 $3,899 $167,296 $162,000 $5,296
2020 $4,897 $202,228 $162,000 $40,228
2019 $4,251 $168,000 $135,000 $33,000
2018 $3,107 $122,797 $90,000 $32,797
2017 $2,517 $104,423 $72,000 $32,423
2016 $1,517 $64,307 $31,500 $32,807
2015 $2,392 $77,362 $31,500 $45,862
2014 $2,392 $93,040 $31,500 $61,540
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Shaka Daniel

    Pure Real Estate Acquisitions

    (832) 494-1920

    1 in this area

    33 Total Sales

    Shaka Daniel
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Map

Source: Houston Association of REALTORS®

MLS Number: 53079921

Houston Association of REALTORS®
Texas Harris County Houston 77022 Independence Heights

618 E 40th St Unit 5, Houston, TX

Not Listed for Sale

MultiFamily

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