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3506 40th Street

3506 40th Street, Lubbock, TX 79413
Property in Maedgen Area
Sold Mar 18, 2022
$276,640
$208,000 by Alliance Credit Union
Mortgage Due Mar 18, 2052
Sold Apr 10, 2013
$139,000
$111,200 by Sfmc Lp
Mortgage Due May 01, 2043
3506 40th Street in Lubbock, TX was first built in 1953 and is 71 years old. Although, the building on the property was most recently renovated and altered in 2000. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 3506 40th Street has 1,557 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. The linear feet across the front of the lot is 750 ft and the linear feet between the front and back of the lot is 1,325. In total, the area measurement of the land is 9,938 square feet.

Learn more about the property and building on this page. The home has a hip style roof made of composition shingle. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. 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, 3506 40th Street was last sold in Mar 16, 2022 for $276,640. According to our calculations, that's $94.77 per sqft. Prior to that sales transaction, the property was sold for $139,000 in Apr 10, 2013. Current property owners are expected to pay $3,952 in taxes per year. The property on 3506 40th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $212,601. To break that down further, the land itself was valued at $17,175. While improvements to the property were assessed at a total of $195,426. 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.

Building Features

Exterior

Wood Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 2000
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,938
  • Lot Size Depth Feet: 1,325
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,919
  • Gross Building Area: 2,919
  • Building Area: 2,919
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,557
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SLATON MYRTLE
  • Land Acres: 0.228
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SLATON MYRTLE BLK 6 E30'OF 17& W45'OF L 18

Ownership

  • Current Owner : MEADOW GLEN HOLDINGS LLC
  • Previous Owner : VARICK-BUTLER TERESA G
  • Owner Before Previous Owner: VALDEZ ROGELIO
  • Owner Before Previous Owner 2: VALDEZ YOLANDA
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lubbock Independent School District
  • School Tax School District: WHP
  • Census Tract: 001905

Geography

  • Assessors Map Reference: 139
  • Parcel: R118201
  • Block: 6
  • Lot: 17
  • Municipality: CITY OF LUBBOCK
  • Latitude: 33.5581
  • Longitude: -101.891

    Address

  • Full Address: 3506 40th St
  • Address - House Number: 3506
  • Address - Street Name: 40th
  • Address - Suffix Type: St
  • State: TX
  • City Name: Lubbock
  • Carrier Code: C037
  • 4-Digit Zip Code: 2644
  • Zip Code: 79413

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,952
  • Tax Rate Code Area: CLB GLB HS

    Appraisal Valuation

  • Standard Deviation: 0.2353
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 67
  • Final Value: 241,150
  • High Value: 297,892
  • Low Value: 184,408

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $208,000
  • First Open Lien Mortgage Lender: ALLIANCE CREDIT UNION
  • First Open Lien Mortgage Recording Date: Mar 18, 2022
  • First Open Lien Mortgage Loan Amount: $208,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 18, 2052

    Market Valuation

  • Market Total Value: $212,601
  • Market Land Value: $17,175
  • Market Improvement Value: $195,426

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $212,601
  • Assessed Land Value: $17,175
  • Assessed Improvements Value: $195,426

    Sales

  • Current Sale Contract Date: Mar 16, 2022
  • Current Sale Recording Date: Mar 18, 2022
  • Current Sale Transaction ID: 11882478505
  • Current Sale Price: $276,640
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 13222
  • Previous Sale Recording Date: Apr 10, 2013
  • Previous Sale Contract Date: Apr 10, 2013
  • Previous Sale Amount: $139,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALLIANCE CREDIT UNION
  • First Mortgage Transaction Date: Mar 18, 2022
  • First Mortgage Loan Amount: $208,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: SFMC LP
  • Previous Mortgage Transaction Date: Apr 10, 2013
  • Previous Mortgage Loan Amount: $111,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2043

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Frequently Asked Questions

What neighborhood is 3506 40th Street located in?
The 3506 40th Street is a located in the neighborhood of Maedgen Area in Maedgen Area, Lubbock.
What is the average sales price for listings in 3506 40th Street?
The average sales price for units in 3506 40th Street is $0 currently.

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