NOT LISTED FOR SALE

Estimated Value: $301,784 - $355,000

3 Beds
2.5 Baths
-- Sq Ft
0.45 Acres

Last Sold April 11, 2024

Current estimated payment $2,284/month

18 Days on Market

Highlights

  • New Construction
  • Contemporary Architecture
  • Central Heating and Cooling System
  • 0.45 Acre Lot
  • 2 Car Attached Garage
  • Wood Siding

About This Home

As of April 2024

Welcome to Villas on Madrid! This brand-new construction is located just minutes from the Medical Center, Downtown, and the University of Houston & Texas Southern campuses. Villas on Madrid offers contemporary living that features first-floor living with high-end finishes throughout including engineered hardwood floors, Quartz countertops, stainless steel appliances, and modern shaker cabinets and hardware. The primary bedroom features an oversized walk-in closet as well as a gorgeous bathroom featuring a walk-in shower and freestanding tub. Each home has private driveways and a large backyard space with endless possibilities. Less than one mile from the new 52-acre, Hines Development, Levit Green! This commercial development features retail, dining, and outdoor spaces! Less than two miles away from the new TMC3 Medical Center development, a separate 37-acre mixed-use development bringing 23,000 permanent jobs to the area. Great rental investment and AirBnb!

Last Agent to Sell the Property

Patrick Burbridge

CitiQuest Properties License #0510219 Listed on: 02/08/2024

Last Buyer's Agent

Kimberlyn De Leon

Side, Inc. License #0815931

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,910

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.45

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Hartsfield Elementary School
  • Cullen Middle School
  • Yates High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • 2-Story Property
  • 0.45 Acre Lot

Community Details

  • Built by UrbanArc
  • Villas On Madrid Amend Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,910

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Building Stories: 2
  • Year Built: 2023
  • Lot Size Acres: 0.4484
  • Subdivision Name: VILLAS ON MADRID AMEND
  • Architectural Style: Contemporary/Modern
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Builder Name: UrbanArc
  • Disclosures: None
  • Roof: Composition
  • Lot Features: Other
  • Pool Private: No
  • Construction Type: Vinyl Siding, Wood Siding
  • Foundation Details: Pillar/Post/Pier, Slab
  • Property Condition: New Construction

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Elementary School: HARTSFIELD ELEMENTARY SCHOOL
  • Junior High Dist: 27 - Houston
  • High School: YATES HIGH SCHOOL
  • Middle Or Junior School: CULLEN MIDDLE SCHOOL (HOUSTON)

Lot Info

  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
Apr 11, 2024
Sold by
Paul Aisha Asad and Ahmad Akif
Bought by
Washington Demetria
Seller's Agent
Patrick Burbridge
CitiQuest Properties
Buyer's Agent
Kimberlyn De Leon
Side, Inc.
List Price
$329,990
Views
23
Current Estimated Value
$326,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.11%
Original Mortgage
$315,087
Outstanding Balance
$310,432
Interest Rate
6.94%
Mortgage Type
FHA
Estimated Equity
$16,014

Purchase Details

Listed on
Aug 18, 2023
Closed on
Dec 15, 2023
Sold by
Villas On Madrid Lp
Bought by
Asad Paul Aisha and Akif Ahmad Akif
Seller's Agent
Patrick Burbridge
CitiQuest Properties
Buyer's Agent
Nonmls
Houston Association of REALTORS
List Price
$349,990
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-16.52%
Original Mortgage
$254,250
Interest Rate
7.76%
Mortgage Type
New Conventional
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
Washington Demetria -- None Listed On Document
Asad Paul Aisha -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Washington Demetria $315,087
Previous Owner Asad Paul Aisha $254,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/11/2024 04/11/24 Sold -- -- --
02/27/2024 02/27/24 Pending -- -- --
02/08/2024 02/08/24 For Sale $329,990 -2.9% --
12/15/2023 12/15/23 Sold -- -- -- View Prior Sale
11/13/2023 11/13/23 Pending -- -- --
09/06/2023 09/06/23 Price Changed $339,990 -2.9% $201 / Sq Ft
08/18/2023 08/18/23 For Sale $349,990 -- $207 / 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 $6,910 $303,897 $60,711 $243,186
2024 $6,910 $330,251 $60,711 $269,540
2023 $6,910 $71,927 $55,355 $16,572
2022 $715 $32,466 $32,466 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 33965871

Houston Association of REALTORS®

APN: 1451080010003