NOT LISTED FOR SALE

3523 Sunset Blvd Houston, TX 77005

Estimated Value: $3,684,000 - $4,544,399

0.38 Acre
$10,622,831 Price per Acre
16,500 Sq Ft Lot

Last Sold December 11, 2020

Current estimated payment $27,213/month

110 Days on Market

Highlights

  • 16,500 Sq Ft lot
  • Community Pool
  • Level Lot
  • West University Elementary School Rated A-

About This Lot

As of December 2020

Unique opportunity to build your dream home on a large corner lot (approximately 110x150) on prime block in West University. There will only be two homes on the south side of the 3500 block of Sunset. Seller has completed a re-plat to divide the current 150’x150’( per HCAD) property to 110’x150’ and eastern neighbor will retain the balance of the property. Please note that the large live oak, if removed, will require approximately 17” of tree diameter replacement, which includes a 50% credit on actual diameter due to the tree’s poor health, per the West University forester. Survey and tree survey are available upon request. * All per Seller

Last Agent to Sell the Property

Melinda Noel

Greenwood King Properties - Kirby Office License #0317363 Listed on: 07/23/2020

Last Buyer's Agent

Leigh Mcfarlane

Compass RE Texas, LLC - Houston License #0574023

Compass RE Texas, LLC - Houston

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $63,968

Lot Details

  • 0.38 Acre Lot
  • Level Lot
  • Cleared Lot

Schools

  • West University Elementary School
  • Pershing Middle School
  • Lamar High School

Community Details

Overview

  • West University Place Subdivision

Recreation

  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$63,968

Lot Details

0

Listing Details

  • Directions: South on Buffalo Speedway from Bissonnet. West on Sunset. The lot is at the southeast corner of Mercer and Sunset.
  • Prop. Type: Land
  • Road Surface Type: Concrete
  • Subdivision Name: West University Place
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Disclosures: None
  • Lot Features: Cleared, Level

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Community Pool, Curbs, Gutter(s)

Schools

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

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2021
Sold by
Schaeffer Peter D and Blackwell Amanda
Bought by
Doustan Michael and Doustan Joy
Current Estimated Value
$4,023,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,025,000
Outstanding Balance
$1,854,607
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$2,250,912

Purchase Details

Closed on
Aug 23, 2019
Sold by
Gow David F and Gow Audrey H
Bought by
Waldo Yuri and Waldo Jillian
Source: Public Records

Range of Values:

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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
Doustan Michael -- Old Republic Natl Ttl Ins Co
Waldo Yuri -- Old Republic Natl Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doustan Michael $2,025,000
Previous Owner Gator Mortgage Company Llc $2,400,000
Previous Owner Gow David F $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2020 12/11/20 Sold -- -- --
11/11/2020 11/11/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $2,595,000 -- $382 / 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 $63,968 $3,524,226 $2,475,000 $1,049,226
2023 $63,968 $2,392,500 $2,392,500 $0
2022 $44,945 $2,310,000 $2,310,000 $0
2021 $44,831 $2,178,000 $2,178,000 $0
2020 $72,379 $3,395,466 $2,812,500 $582,966
2019 $55,517 $3,105,000 $2,812,500 $292,500
2018 $56,938 $3,043,813 $2,587,500 $456,313
2017 $53,106 $2,840,000 $2,250,000 $590,000
2016 $58,786 $2,840,000 $2,250,000 $590,000
2015 $41,203 $2,840,000 $2,250,000 $590,000
2014 $41,203 $2,150,710 $1,845,000 $305,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 14423608

Houston Association of REALTORS®

APN: 0551170820001