See Home Value
$3,299,000 Last Listed Price
House - Off Market

5322 Institute Lane

Houston, TX 77005
bedrooms
5 Beds
bathrooms
7 Baths, 3 Half Baths
square feet
6556 Sqft
$4,574,223
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Rare historic Villa on a 19K SF cul-de-sac lot in the Rice University area! Built in 1926, The Eppes House is a stunning Italian Renaissance Villa that has been painstakingly restored + enhanced into a modern masterpiece. With concrete stucco exterior, a huge porch & concrete roof, it has 5 BRs, 4 full & 3 half baths, gameroom, pool room, study + an awe-inspiring basement w/ F/P, wet bar & walk-in wine cooler. The character & authentic elements take you to another time w/ arched mahogany doorways & built-ins, plaster walls & restored original windows that operate. Hardwoods, 3 fireplaces, Swarovski crystal chandelier in dining rm, kitchen w/ Sub-Zero, beamed ceiling, Thermador appl, master BR w/ balcony overlooking backyard + 3 BRs & private guest suite. Heated pool/spa, loggia, F/P, Summer kitchen, huge yard space, storage bldg & full house generator. Mechanical, electrical, sewer pipes & all HVAC units/WHs replaced or updated! See attachment for list of updates & history.
Unit Size
6,556Ft²
Days on Market
297 days
Land Size
0.44 acres
Price per sqft
$503
Property Type
House
Property Taxes
$7,509
HOA Dues
-
Year Built
1920
Last updated: 4 months ago (HAR #40837433)

Price History

Date / Event Date Event Price
Jul 24, 2020 Sold $2,835,000 - $3,465,000
Sold
Oct 1, 2019 Listed by Martha Turner Sotheby's $3,299,000
Listed by Martha Turner Sotheby's
Apr 5, 2019 No longer available -
No longer available
Dec 13, 2018 Price Decreased $3,900,000
↓ $595K (13.2%)
Price Decreased
Nov 14, 2018 Price Decreased $4,495,000
↓ $180K (3.9%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 4
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 28
  • Building Quality: A
  • Exterior Walls Type: Stucco
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 1,964
  • Garage Type: Carport
  • Garage Square Area: 680
  • Parking Space Count: 3
  • Patio Type: Patio
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 19,105
  • Total Building Area: 6,556
  • Gross Building Area: 6,556
  • Building Area: 6,556
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 6,556
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JANDOR COURT R/P & EXTENSION
  • Land Acres: 0.439
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: LT 1 BLK 1 JANDOR COURT R/P & EXTENSION

Ownership

  • Current Owner : HETHERINGTON THOMAS FRANCIS ANDREAS
  • Previous Owner : OLUND JILL S
  • Owner Before Previous Owner: RAMBO RICK
  • Owner Before Previous Owner 2: RAMBO FRANCES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Houston Independent School District
  • School Tax School District: HOUSTON ISD
  • Census Tract: 411902

Geography

  • Assessors Map Reference: 5356C
  • Account Number: 1240700020001
  • District: 061
  • Parcel: 124-070-002-0001
  • Block: 1
  • Lot: 1
  • Municipality: CITY OF HOUSTON
  • Latitude: 29.7249
  • Longitude: -95.3975

    Address

  • Full Address: 5322 Institute Ln
  • Address - House Number: 5322
  • Address - Street Name: Institute
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Houston
  • Carrier Code: C034
  • 4-Digit Zip Code: 1820
  • Zip Code: 77005

Valuation

    Tax

  • Total Area: 6,444
  • Tax Year: 2022
  • Tax Amount: $67,304
  • Tax Rate Code Area: 061

    Appraisal Valuation

  • Standard Deviation: 0.4217
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 15
  • Final Value: 2,285,512
  • High Value: 3,249,432
  • Low Value: 1,321,591

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,350,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Aug 03, 2020
  • First Open Lien Mortgage Loan Amount: $2,350,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $3,833,937
  • Market Land Value: $1,949,538
  • Market Improvement Value: $1,884,399

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $3,833,937
  • Assessed Land Value: $1,949,538
  • Assessed Improvements Value: $1,884,399

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 24, 2020
  • Current Sale Recording Date: Aug 03, 2020
  • Current Sale Transaction ID: 11775871215
  • Current Sale Price: $2,937,500
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 2020-346555
  • Previous Sale Recording Date: Oct 30, 2014
  • Previous Sale Contract Date: Oct 29, 2014
  • Previous Sale Amount: $2,500,000
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Aug 03, 2020
  • First Mortgage Loan Amount: $2,350,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: POST OAK BANK NA
  • Previous Mortgage Transaction Date: Oct 30, 2014
  • Previous Mortgage Loan Amount: $2,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
5 Baths
5,558 ft²
$2,820,188 Dec 16, 2020
$2,538,000 - $3,102,000 Apr 20, 2022
$1,867/mo
House
4 Beds
5 Baths
7,118 ft²
$492/ft²
$3,500,000 Sep 19, 2023
-
$29/mo
House
3 Beds
3 Baths
-
$2,900,000 Oct 23, 2023
-
$3,675/mo

About South Central Houston


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Frequently Asked Questions

When was property at 5322 Institute Lane built and last sold?
The property at 5322 Institute Lane was built in 1920 and last sold on Jul 24, 2020 for $2,937,500.
How much is this home worth?
The estimated value of the home located at 5322 Institute Lane is $3,331,990.
What are some comparable homes to 5322 Institute Lane?
There are currently no comparable homes to 5322 Institute Lane.

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