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518 Iola Avenue

518 Iola Avenue, Lubbock, TX 79416
House in Northridge
518 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, 518 Iola Avenue has 1,442 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 462 sqft. Moving on to the building itself. The condition of the building has been evaluated as . The building has a style roof. 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. 518 Iola Avenue was last assessed in 2023. The total value of the property was assessed at $162,447. Specifically, the land the property is located on was valued at $19,500. While improvements on the property were assessed at a total of $161,611. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $224,270. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20240219
02/19/2024
3 Bed
2 Bath
1442 ft²
$195,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1442 ft²
-
-
Allison Pace
WestMark Companies


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: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 462
  • 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: 1,442
  • Gross Building Area: 1,442
  • Building Area: 1,442
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,442
  • 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 161

Neighborhood

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

Geography

  • Assessors Map Reference: 556
  • Parcel: R38072
  • Lot: 1610
  • Municipality: CITY OF LUBBOCK
  • Latitude: 33.5898
  • Longitude: -101.948

    Address

  • Full Address: 518 Iola Ave
  • Address - House Number: 518
  • 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: $224,270
  • Tax Rate Code Area: CLB GLB HS

    Appraisal Valuation

  • Standard Deviation: 0.1792
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 76
  • Final Value: 191,510
  • High Value: 225,843
  • Low Value: 157,178

    Market Valuation

  • Market Total Value: $181,111
  • Market Land Value: $19,500
  • Market Improvement Value: $161,611

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $162,447
  • Assessed Land Value: $19,500
  • Assessed Improvements Value: $161,611

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 24, 2015
  • Current Sale Recording Date: Sep 28, 2015
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2015-35183
  • Previous Sale Recording Date: Jul 08, 2005
  • Previous Sale Contract Date: Jul 05, 2005
  • Previous Sale Document Type: 27
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 518 Iola Avenue located in?
The 518 Iola Avenue is a house located in the neighborhood of Northridge in Northridge, Lubbock.
What is the average sales price for listings in 518 Iola Avenue?
The average sales price for units in 518 Iola Avenue is $0 currently.