5020 40th Street

5020 40th Street has been categorized by the local assessors in Lubbock, TX as a type of property. The building on the property was first built in 1957 and is 69 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. In addition, 5020 40th Street has 1,036 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,325 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,625 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as . The building has a style roof made of . The exterior walls of the building are made of . The inside of the home is being cooled with at the moment. In terms of heating, it is utilizing . We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5020 40th Street sold most recently in Sep 9, 2014 for a total of $38,000. If you work out the math, that's approximately a cost of $36.68 per sqft. Before that, the property was also sold for $38,000 in Aug 28, 2014. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $185,592 in taxes each year. 5020 40th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $99,844. If we break it down further, the land itself was valued at $9,000. Improvements to the property, however, were assessed at a total of $90,844. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.