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1114 Wellshire Drive

1114 Wellshire Drive, Katy, TX 77494
Property in Falcon Point
Sold Mar 10, 2017
$335,800
$268,600 by Gateway Mortgage Group Llc
Mortgage
Sold Jun 21, 1995
$125,000
$100,000 by Prudential Home Mtg
Mortgage Due Jul 01, 2000
1114 Wellshire Drive in Katy, TX was first built in 1994 and is 30 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 1114 Wellshire Drive has 3,609 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 9,576 square feet.

Learn more about the property and building on this page. There is a open porch. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable or hip style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 682 sqft. There are a total of 2 available parking spaces. The condition of the building has been evaluated as unknown. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1114 Wellshire Drive was last sold in Jan 10, 2017 for $335,800. According to our calculations, that's $78.26 per sqft. Prior to that sales transaction, the property was sold for $125,000 in Jun 19, 1995. Current property owners are expected to pay $10,843 in taxes per year. The property on 1114 Wellshire Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $535,436. To break that down further, the land itself was valued at $47,814. While improvements to the property were assessed at a total of $487,622. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Style: Conventional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 682
  • Parking Space Count: 2
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 9,576
  • Total Building Area: 4,291
  • Gross Building Area: 4,291
  • Building Area: 3,609
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,609
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FALCON POINT SEC 1
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FALCON POINT SEC 1, BLOCK 3, LOT 82

Ownership

  • Current Owner : MERRITT MICHAEL
  • Previous Owner : PHILLIPS MICHAEL A
  • Previous Owner 2: PHILLIPS BARBARA L
  • Owner Before Previous Owner: WEEKLEY HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Katy Independent School District
  • School Tax School District: M89 S13 G01 D01
  • Census Tract: 673103

Geography

  • Assessors Map Reference: Z-005
  • Section: 1
  • Parcel: 2960-01-003-0820-914
  • Block: 3
  • Lot: 82
  • Municipality: KATY
  • Latitude: 29.7655
  • Longitude: -95.7893

    Address

  • Full Address: 1114 Wellshire Dr
  • Address - House Number: 1114
  • Address - Street Name: Wellshire
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Katy
  • Carrier Code: C026
  • 4-Digit Zip Code: 6182
  • Zip Code: 77494

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,843
  • Tax Rate Code Area: S13

    Appraisal Valuation

  • Standard Deviation: 0.1862
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 75
  • Final Value: 538,021
  • High Value: 638,209
  • Low Value: 437,833

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $268,600
  • First Open Lien Mortgage Lender: GATEWAY MORTGAGE GROUP LLC
  • First Open Lien Mortgage Recording Date: Mar 10, 2017
  • First Open Lien Mortgage Loan Amount: $268,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $563,122
  • Market Land Value: $75,500
  • Market Improvement Value: $487,622

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $535,436
  • Assessed Land Value: $47,814
  • Assessed Improvements Value: $487,622

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 10, 2017
  • Current Sale Recording Date: Mar 10, 2017
  • Current Sale Transaction ID: 1806063519
  • Current Sale Price: $335,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017025634
  • Previous Sale Recording Date: Jun 21, 1995
  • Previous Sale Contract Date: Jun 19, 1995
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GATEWAY MORTGAGE GROUP LLC
  • First Mortgage Transaction Date: Mar 10, 2017
  • First Mortgage Loan Amount: $268,600
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: PRUDENTIAL HOME MTG
  • Previous Mortgage Transaction Date: Jun 21, 1995
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Due Date: Jul 01, 2000

About Falcon Point



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Frequently Asked Questions

What neighborhood is 1114 Wellshire Drive located in?
The 1114 Wellshire Drive is a located in the neighborhood of Falcon Point in Falcon Point, Katy.
What is the average sales price for listings in 1114 Wellshire Drive?
The average sales price for units in 1114 Wellshire Drive is $0 currently.

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