NOT LISTED FOR SALE

6618 London St Unit 8 Houston, TX 77021

OST-South Union Neighborhood
12 Beds
12 Baths
8,400 Sq Ft
0.34 Acres

Last Sold August 18, 2022

86 Days on Market

About This Home

As of August 2022

Hard Money Loan is Now in place for new buyer, Only EST $75k to closing and this property is yours. Amazing opportunity. 12 Units - all units are 2 bedrooms and one bath. There is no rent roll available. Property was acquired a few months ago as part of a larger portfolio purchase. Ready for a any buyer who is actively looking for a value add property with plenty of upside. Nestled just six miles south of Downtown Houston, 4 miles from one of the world's largest medical centers - Texas Medical Center (TMC) and the world-class entertainment and professional football stadiums NRG. The community is just inside 610 Loop, making it simple for locals to commute to work. Has 2 shopping centers within 1.3 miles, which is about a 2-minute walk. The miles and minutes will be for the farthest away property. Close to Texas Southern University,The University of Texas Health Science Center at Houston,Baylor College of Medicine. University of Houston

Last Agent to Sell the Property

Joel Vazquez

Realty Of America, LLC License #0674038 Listed on: 04/30/2022

Last Buyer's Agent

Elvia Flores Hernandez

HomeSmart License #0702280

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,976

Year Built

  • Built in 1950

Lot Details

  • 0.34 Acre Lot

Home Design

  • Tile Roof

Interior Spaces

  • 8,400 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Full Bathrooms

Schools

  • Peck Elementary School
  • Cullen Middle School
  • Yates High School

Community Details

  • 12 Units
  • Grand Park Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,976

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1950
  • Subdivision Name: Grand Park
  • Unit Levels: Two
  • New Construction: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48201:057-273-001-0028
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 12
  • Total Bedrooms: 12
  • Living Area: 8400.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: None
  • Roof: Tile

Utilities

  • Cooling: Other
  • Heating: Other

Schools

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

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3976.0

Multi Family

  • Number Of Units Total: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2022
Closed on
Aug 18, 2022
Sold by
Mell Investment Group Llc
Bought by
Triple J Holdings Llc
Seller's Agent
Joel Vazquez
Realty Of America, LLC
Buyer's Agent
Elvia Flores Hernandez
HomeSmart
List Price
$895,000

Purchase Details

Closed on
Jul 19, 2013
Sold by
Hati Llc
Bought by
Property Remedies Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,500
Interest Rate
3.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 19, 2009
Sold by
Castillo Jorge M
Bought by
Hati Llc

Purchase Details

Closed on
Jun 11, 2009
Sold by
Aurora Loan Services Llc
Bought by
Castillo Jorge

Purchase Details

Closed on
Nov 4, 2008
Sold by
Newsome Mark
Bought by
Aurora Loan Services Llc
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
Triple J Holdings Llc -- Harmon Law Firm Pc
Property Remedies Inc -- None Available
Hati Llc -- None Available
Castillo Jorge -- None Available
Aurora Loan Services Llc $47,960 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Property Remedies Inc $72,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2022 08/23/22 Off Market -- -- --
08/18/2022 08/18/22 Sold -- -- --
07/25/2022 07/25/22 Pending -- -- --
06/21/2022 06/21/22 Price Changed $859,000 -4.0% $102 / Sq Ft
04/30/2022 04/30/22 For Sale $895,000 -- $107 / 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 $5,198 $227,512 $90,000 $137,512
2024 $5,198 $248,446 $85,000 $163,446
2023 $5,198 $257,593 $85,000 $172,593
2022 $5,002 $227,155 $70,000 $157,155
2021 $3,976 $170,589 $45,000 $125,589
2020 $3,789 $156,453 $28,750 $127,703
2019 $4,202 $166,062 $28,750 $137,312
2018 $3,281 $129,673 $25,000 $104,673
2017 $2,560 $101,241 $20,000 $81,241
2016 $1,517 $60,000 $18,750 $41,250
2015 $1,542 $70,569 $12,500 $58,069
2014 $1,542 $60,000 $12,500 $47,500
Source: Public Records

Agents Affiliated with this Home

  • Joel Vazquez

    Seller's Agent in 2022

    Joel Vazquez

    Realty Of America, LLC

    (713) 458-8686

    2 in this area

    8 Total Sales

    Joel Vazquez
    Section Image

  • E

    Buyer's Agent in 2022

    Elvia Flores Hernandez

    HomeSmart

    Section Image
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Map

Source: Houston Association of REALTORS®

MLS Number: 93391689

Houston Association of REALTORS®

APN: 0572730010028

Texas Harris County Houston 77021 OST-South Union

6618 London St Unit 8, Houston, TX

Not Listed for Sale

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