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514 Iola Avenue

514 Iola Avenue, Lubbock, TX 79416
House in Northridge
514 Iola Avenue has been categorized by the local assessors in Lubbock, TX as a type of property. The building on the property was first built in 1983 and is 43 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 514 Iola Avenue has 1,466 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 1,080 ft and across the front of the lot is 650 ft. The area measurement of the land has been determined as 7,020 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. For the features and amenities located on the property. There is a for those who require parking. The garage measured 441 sqft. 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 . There is a single fireplace in the home. Perfect for those wintery 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, 514 Iola Avenue was last sold in Feb 27, 2024 for $158,602. According to our calculations, that's $108.19 per sqft. Prior to that sales transaction, the property was sold for $114,400 in Jul 25, 2013. Current property owners are expected to pay $226,834 in taxes per year. The property on 514 Iola Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $163,672. To break that down further, the land itself was valued at $19,500. While improvements to the property were assessed at a total of $163,037. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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.

Building Features

Exterior

Brick Exterior
Masonite Siding

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20240426
04/26/2024
3 Bed
2 Bath
1468 ft²
$200,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1468 ft²
-
-
Karla Ross
Fathom Realty


Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 14
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 441
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,020
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,466
  • Gross Building Area: 1,466
  • Building Area: 1,466
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,466
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: REVIER FARM
  • Land Acres: 0000000161
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: REVIER FARM L 159

Neighborhood

  • School District Name: Frenship Independent School District
  • School Tax School District: WHP
  • Census Tract: 000408

Geography

  • Assessors Map Reference: 556
  • Parcel: R38004
  • Lot: 1590
  • Municipality: CITY OF LUBBOCK
  • Latitude: 33.5901
  • Longitude: -101.948

    Address

  • Full Address: 514 Iola Ave
  • Address - House Number: 514
  • Address - Street Name: Iola
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Lubbock
  • Carrier Code: C052
  • 4-Digit Zip Code: 4136
  • Zip Code: 79416

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $226,834
  • Tax Rate Code Area: CLB GLB HS

    Appraisal Valuation

  • Standard Deviation: 0.2431
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 65
  • Final Value: 201,861
  • High Value: 250,946
  • Low Value: 152,775

    Market Valuation

  • Market Total Value: $182,537
  • Market Land Value: $19,500
  • Market Improvement Value: $163,037

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $163,672
  • Assessed Land Value: $19,500
  • Assessed Improvements Value: $163,037

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 27, 2024
  • Current Sale Recording Date: Feb 28, 2024
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 7774
  • Previous Sale Recording Date: Jul 29, 2013
  • Previous Sale Contract Date: Jul 25, 2013
  • Previous Sale Amount: $114,400
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Northridge



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Frequently Asked Questions

What neighborhood is 514 Iola Avenue located in?
The 514 Iola Avenue is a house located in the neighborhood of Northridge in Northridge, Lubbock.
What is the average sales price for listings in 514 Iola Avenue?
The average sales price for units in 514 Iola Avenue is $0 currently.