See Home Value
$2,900,000 Last Listed Price
House - Off Market

318 Rainier Drive

Houston, TX 77024
bedrooms
4 Beds
bathrooms
5 Baths, 2 Half Baths
square feet
6025 Sqft
$18,164
Estimated Monthly
$0
HOA / Fees
-0.44%
Cap Rate

About This Property

Presenting an exclusive private sanctuary in Bunker Hill Village. Step through the impressive iron-clad doors to encounter two breathtaking limestone staircases flanking a stunning Murano Italian glass chandelier. The first floor primary suite is located beyond a sophisticated study/office and features a wet bar and a luxurious jetted tub, separate walk-in shower and walk in closet. The home also boasts a gourmet kitchen, 4 wet bars, temperature-controlled wine room, a versatile butler's pantry, a 3-car garage complete with built in storage, and an automatic driveway gate, and the warmth of three gas fireplaces. Upstairs you will find three additional bedrooms, two full baths, a large game room, as well as your own theatre room, equipped with a built-in TV and sound system. No expense was spared in the creation of this home, it also features a heated swimming pool, an outdoor kitchen, and ample green space. Nestled in the cul-de-sac of a private street, ensuring peace and quiet.
Unit Size
6,025Ft²
Days on Market
128 days
Land Size
-
Price per sqft
$481
Property Type
House
Property Taxes
$3,924
HOA Dues
-
Year Built
2002
Last updated: 27 days ago (HAR #32139516)

Price History

Date / Event Date Event Price
Mar 29, 2024 Sold $2,502,000 - $3,056,000
Sold
Feb 10, 2024 In contract -
In contract
Feb 9, 2024 Relisted $2,900,000
Relisted
Feb 3, 2024 In contract -
In contract
Jan 19, 2024 Price Decreased $2,900,000
↓ $100K (3.3%)
Price Decreased
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 25
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Traditional
  • Exterior Walls Type: Stucco
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 756
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 22,648
  • Total Building Area: 6,025
  • Gross Building Area: 6,025
  • Building Area: 6,025
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 6,025
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: RAINIER FOREST
  • Land Acres: 0.52
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: LT 5 BLK 1 RAINIER FOREST

Ownership

  • Current Owner : SCHOENEMAN JUSTIN C
  • Current Owner 2: SCHOENEMAN KARLA T
  • Previous Owner : LEBOW DAVID
  • Previous Owner 2: LEBOW JOAN
  • Owner Before Previous Owner: NATIONAL RESIDENTIAL NOMINEE SERVICES IN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Spring Branch Independent School District
  • School Tax School District: SPRING BRANCH
  • Census Tract: 430600

Geography

  • Assessors Map Reference: 4957D
  • Account Number: 0903270000005
  • District: 053
  • Parcel: 090-327-000-0005
  • Block: 1
  • Lot: 5
  • Municipality: BUNKER HILL VILLAGE
  • Latitude: 29.7607
  • Longitude: -95.5349

    Address

  • Full Address: 318 Rainier Dr
  • Address - House Number: 318
  • Address - Street Name: Rainier
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Houston
  • Carrier Code: C011
  • 4-Digit Zip Code: 5041
  • Zip Code: 77024

Valuation

    Tax

  • Total Area: 6,245
  • Tax Year: 2022
  • Tax Amount: $36,512
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 053

    Appraisal Valuation

  • Standard Deviation: 0.2118
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 2,102,188
  • High Value: 2,547,545
  • Low Value: 1,656,831

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,223,200
  • First Open Lien Mortgage Lender: CARDINAL FIN'L CO LP
  • First Open Lien Mortgage Recording Date: Apr 02, 2024
  • First Open Lien Mortgage Loan Amount: $2,223,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2054

    Market Valuation

  • Market Total Value: $2,257,741
  • Market Land Value: $1,172,820
  • Market Improvement Value: $1,084,921

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,257,741
  • Assessed Land Value: $1,172,820
  • Assessed Improvements Value: $1,084,921

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 29, 2024
  • Current Sale Recording Date: Apr 02, 2024
  • Current Sale Transaction ID: 11923520036
  • Current Sale Price: $2,956,856
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 114321
  • Previous Sale Recording Date: Aug 05, 2013
  • Previous Sale Contract Date: Jun 21, 2013
  • Previous Sale Amount: $1,250,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FIN'L CO LP
  • First Mortgage Transaction Date: Apr 02, 2024
  • First Mortgage Loan Amount: $2,223,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Apr 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Aug 05, 2013
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Sep 01, 2043



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
6 Baths
6,411 ft²
$2,715,000 May 11, 2021
$2,444,000 - $2,986,000 Jun 28, 2021
$4,078/mo
House
4 Beds
4 Baths
6,525 ft²
$2,472,500 Feb 20, 2019
$2,225,000 - $2,719,000 Apr 9, 2019
$5,006/mo
House
4 Beds
6 Baths
5,530 ft²
$2,331,000 May 17, 2021
$2,098,000 - $2,564,000 Jul 9, 2021
$3,434/mo
House
5 Beds
6 Baths
6,206 ft²
$2,799,000 May 19, 2022
$2,520,000 - $3,078,000 Jun 24, 2022
$3,742/mo
House
5 Beds
7 Baths
5,689 ft²
$2,300,000 Apr 13, 2022
$2,070,000 - $2,530,000 May 9, 2022
$3,645/mo
House
5 Beds
7 Baths
6,555 ft²
$3,168,000 Jul 8, 2022
$2,852,000 - $3,484,000 Oct 26, 2022
$1,646/mo
House
4 Beds
5 Baths
4,938 ft²
$476/ft²
$2,350,000 Apr 2, 2024
-
$1,334/mo
House
5 Beds
6 Baths
6,206 ft²
$451/ft²
$2,799,000 Mar 28, 2024
-
$4,353/mo
House
5 Beds
8 Baths
6,353 ft²
$441/ft²
$2,800,000 Mar 18, 2024
-
$3,646/mo
House
5 Beds
6 Baths
5,376 ft²
$612/ft²
$3,290,000 Mar 13, 2024
-
$2,918/mo
House
5 Beds
6 Baths
7,047 ft²
$451/ft²
$3,175,000 Nov 15, 2023
-
$5,005/mo
House
5 Beds
6 Baths
5,156 ft²
$475/ft²
$2,450,000 Apr 1, 2024
-
$3,480/mo

About Westside


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Frequently Asked Questions

When was property at 318 Rainier Drive built and last sold?
The property at 318 Rainier Drive was built in 2002 and last sold on Mar 29, 2024 for $2,956,856.
How much is this home worth?
The estimated value of the home located at 318 Rainier Drive is $2,854,450.
What are some comparable homes to 318 Rainier Drive?
There are currently no comparable homes to 318 Rainier Drive.

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