NOT LISTED FOR SALE

8418 Observatory St Houston, TX 77088

Acres Homes Neighborhood

Estimated Value: $154,000 - $482,000

3 Beds
2 Baths
2,774 Sq Ft
$137/Sq Ft Est. Value

Last Sold November 12, 2024

Current estimated payment $2,133/month

39 Days on Market

About This Home

As of November 2024

Welcome to 8418 Observatory St. – Your New Home Awaits!** This stunning brand-new duplex, just minutes from downtown Houston, is perfect for investors and homeowners alike. Each two-story unit features an open-concept kitchen with quartz countertops, soft-close cabinets, walk-in pantries, and brand-new appliances. With **three spacious bedrooms** and **two and a half modern bathrooms**, you'll love the sleek glass-enclosed showers. Enjoy energy-efficient lighting, remote-controlled ceiling fans, programmable thermostats, and ample storage. **Live in one unit and lease the other, or lease both** for a great investment opportunity. Don’t miss out!

Last Agent to Sell the Property

Crystal Menefe

JMP Realty Partners LLC License #0618605 Listed on: 09/28/2024

Co-Listed By

Norisha Johnson

Nextgen Real Estate Properties License #0731183

Last Buyer's Agent

Sandra Emereonye

Next Trend Realty LLC License #0792593

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,509

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 7,300

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2,774 Sq Ft Home
  • 2-Story Property

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Anderson Academy Elementary School
  • Drew Academy Middle School
  • Carver H S For Applied Tech/Engineering/Arts High School

Additional Features

  • 7,300 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units
  • Built by De Novo Group LLC
  • Harvest Heights Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,509

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 2024
  • Co List Office Mls Id: NGRP01
  • Co List Office Phone: 832-736-1673
  • Subdivision Name: Harvest Heights
  • Unit Levels: Two
  • New Construction: Yes
  • Property Sub Type Additional: Duplex
  • UniversalParcelId: urn:reso:upi:2.0:US:48201:070-113-005-0003
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 2774.0
  • ResoLivingAreaSource: Builder

Exterior Features

  • Builder Name: De Novo Group LLC
  • Disclosures: None
  • Roof: Composition
  • Property Condition: New Construction

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Schools

  • Elementary School: ANDERSON ACADEMY
  • Junior High Dist: 1 - Aldine
  • High School: CARVER H S FOR APPLIED TECH/ENGINEERING/ARTS
  • Middle Or Junior School: DREW ACADEMY

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1509.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2024
Closed on
Nov 12, 2024
Sold by
De Novo Group Llc
Bought by
Elliott Jermaine
Seller's Agent
Crystal Menefe
JMP Realty Partners LLC
Buyer's Agent
Sandra Emereonye
Next Trend Realty LLC
List Price
$485,000
Views
9
Current Estimated Value
$379,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-21.41%
Original Mortgage
$476,215
Outstanding Balance
$471,474
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
-$92,156

Purchase Details

Closed on
Dec 21, 2023
Sold by
Richard Michael J and Richard Lisa A
Bought by
De Novo Group Llc

Purchase Details

Closed on
Mar 6, 2014
Sold by
Kci Texas Investment Llc
Bought by
Richard Michael J and Richard Lisa A

Purchase Details

Closed on
Jun 8, 2011
Sold by
Glass Herbert J
Bought by
County Of Harris and City Of Houston
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
Elliott Jermaine -- None Listed On Document
Elliott Jermaine -- None Listed On Document
Elliott Jermaine -- None Listed On Document
Elliott Jermaine -- None Listed On Document
De Novo Group Llc -- None Listed On Document
De Novo Group Llc -- None Listed On Document
Richard Michael J -- None Available
Richard Michael J -- None Available
County Of Harris -- None Available
County Of Harris -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elliott Jermaine $476,215
Closed Elliott Jermaine $476,215
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2024 11/12/24 Sold -- -- --
11/06/2024 11/06/24 Pending -- -- --
10/23/2024 10/23/24 For Sale $485,000 0.0% $175 / Sq Ft
10/16/2024 10/16/24 Pending -- -- --
10/08/2024 10/08/24 For Sale $485,000 0.0% $175 / Sq Ft
10/07/2024 10/07/24 Pending -- -- --
09/28/2024 09/28/24 For Sale $485,000 -- $175 / 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 $1,558 $397,557 $71,500 $326,057
2024 $1,558 $68,640 $68,640 --
2023 $1,558 $68,640 $68,640 $0
2022 $1,372 $57,200 $57,200 $0
2021 $727 $28,958 $28,958 $0
2020 $764 $28,958 $28,958 $0
2019 $594 $21,450 $21,450 $0
2018 $195 $13,585 $13,585 $0
2017 $152 $5,720 $5,720 $0
2016 $152 $5,720 $5,720 $0
2015 $152 $5,720 $5,720 $0
2014 $152 $5,720 $5,720 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Crystal Menefe

    JMP Realty Partners LLC

    (832) 529-7837

    2 in this area

    41 Total Sales

    Crystal Menefe
    Section Image

  • N

    Seller Co-Listing Agent in 2024

    Norisha Johnson

    Nextgen Real Estate Properties

    (713) 714-6454

    13 in this area

    177 Total Sales

    Norisha Johnson
    Section Image

  • S

    Buyer's Agent in 2024

    Sandra Emereonye

    Next Trend Realty LLC

    Section Image
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Map

Source: Houston Association of REALTORS®

MLS Number: 65705170

Houston Association of REALTORS®

APN: 0701130050003

Texas Harris County Houston 77088 Acres Homes

8418 Observatory St, Houston, TX

Not Listed for Sale

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