5501 Los Patios Drive

Local assessors in Midland, TX have categorized 5501 Los Patios Drive as a type of property. The home was built in 2006 and is 20 years old. The property's lot size has been calculated to be 8,276 square feet. If we look only at the heated or air conditioned part of the building, then 5501 Los Patios Drive has a total of 2,337 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a for those who need a place to park their vehicle. The garage on the property is 868 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. 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, 5501 Los Patios Drive was last sold in Apr 29, 2022 for $430,000. According to our calculations, that's $184.00 per sqft. Prior to that sales transaction, the property was sold for $472,500 in Sep 14, 2021. Current property owners are expected to pay $669,089 in taxes per year. The property on 5501 Los Patios Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $446,470. To break that down further, the land itself was valued at $58,890. While improvements to the property were assessed at a total of $387,580. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.