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20418 Drakewood Drive

20418 Drakewood Drive, Katy, TX 77449
Sold Jan 16, 2003
$151,300
$121,050 by First Magnus Financial Corp
Mortgage Due Feb 01, 2033
Local assessors in Katy, TX have categorized 20418 Drakewood Drive as a residential type of property. The home was built in 1991 and is 33 years old. The property's lot size has been calculated to be 6,300 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 20418 Drakewood Drive has a total of 2,754 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 20418 Drakewood Drive was last sold in Jan 14, 2003 for $151,300. According to our calculations, that's $54.94 per sqft. Current property owners are expected to pay $2,543 in taxes per year. The property on 20418 Drakewood Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $295,804. To break that down further, the land itself was valued at $46,305. While improvements to the property were assessed at a total of $249,499. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Traditional
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 6,300
  • Total Building Area: 2,754
  • Gross Building Area: 2,754
  • Building Area: 2,754
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,754
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WESTFIELD TERRA R/P
  • Land Acres: 0.145
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: LT 5 BLK 3 WESTFIELD TERRA R/P

Ownership

  • Current Owner : WRIGHT HENRY
  • Previous Owner : ORTIZ PATRICK G
  • Previous Owner 2: ORTIZ DEBORAH T
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Katy Independent School District
  • School Tax School District: KATY ISD
  • Census Tract: 542304

Geography

  • Assessors Map Reference: 4560C
  • Account Number: 1160420030005
  • Parcel: 116-042-003-0005
  • Block: 3
  • Lot: 5
  • Municipality: KATY
  • Latitude: 29.8266
  • Longitude: -95.7266

    Address

  • Full Address: 20418 Drakewood Dr
  • Address - House Number: 20418
  • Address - Street Name: Drakewood
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Katy
  • Carrier Code: C017
  • 4-Digit Zip Code: 6124
  • Zip Code: 77449

Valuation

    Tax

  • Total Area: 2,786
  • Tax Year: 2022
  • Tax Amount: $2,543
  • Tax Rate Code Area: 804

    Appraisal Valuation

  • Standard Deviation: 0.213
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 70
  • Final Value: 352,880
  • High Value: 428,072
  • Low Value: 277,688

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $121,050
  • First Open Lien Mortgage Lender: FIRST MAGNUS FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Jan 16, 2003
  • First Open Lien Mortgage Loan Amount: $121,050
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2033

    Market Valuation

  • Market Total Value: $295,804
  • Market Land Value: $46,305
  • Market Improvement Value: $249,499

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $295,804
  • Assessed Land Value: $46,305
  • Assessed Improvements Value: $249,499

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 14, 2003
  • Current Sale Recording Date: Jan 16, 2003
  • Current Sale Transaction ID: 1173382369
  • Current Sale Price: $151,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: W363181

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MAGNUS FINANCIAL CORP
  • First Mortgage Transaction Date: Jan 16, 2003
  • First Mortgage Loan Amount: $121,050
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Feb 01, 2033

About Westfield Terrace



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Frequently Asked Questions

What neighborhood is 20418 Drakewood Drive located in?
The 20418 Drakewood Drive is a located in the neighborhood of Westfield Terrace in Westfield Terrace, Katy.
What is the average sales price for listings in 20418 Drakewood Drive?
The average sales price for units in 20418 Drakewood Drive is $0 currently.

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