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5506 Holly Springs Drive

5506 Holly Springs Drive, Houston, TX 77056
Property in Tanglewood
Sold May 26, 2017
$3,100,000
Sold Jan 05, 2016
Transfer
Local assessors in Houston, TX have categorized 5506 Holly Springs Drive as a residential type of property. The home was built in 2009 and is 15 years old. The property's lot size has been calculated to be 18,810 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 7 full bathrooms. There are also 8 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5506 Holly Springs Drive has a total of 10,423 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 728 sqft. There are 5 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 5506 Holly Springs Drive was last sold in May 26, 2017 for $3,100,000. According to our calculations, that's $297.42 per sqft. Current property owners are expected to pay $57,710 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 1900. The property on 5506 Holly Springs Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $3,290,795. To break that down further, the land itself was valued at $1,320,462. While improvements to the property were assessed at a total of $1,970,333. 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 possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 6
  • Bathroom Count: 8
  • Full Bathrooms: 7
  • Partial Bathrooms: 8
  • Bathroom Plumbing Fixtures: 55
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Traditional
  • Exterior Walls Type: Stucco
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 728
  • Parking Space Count: 5
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 18,810
  • Total Building Area: 10,423
  • Gross Building Area: 10,423
  • Building Area: 10,423
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 10,423
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TANGLEWOOD SEC 9
  • Land Acres: 0.432
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: LT 1 BLK 41 TANGLEWOOD SEC 9

Ownership

  • Current Owner : SLOAN JONATHAN
  • Current Owner 2: SLOAN ASHLEY
  • Previous Owner : OKEDOKUN OLUYEMISI
  • Owner Before Previous Owner: TRIPLE GATE INVESTMENT LLC
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Houston Independent School District
  • School Tax School District: HOUSTON ISD
  • Census Tract: 431702

Geography

  • Assessors Map Reference: 5157C
  • Account Number: 0752020540001
  • District: 061
  • Parcel: 075-202-054-0001
  • Block: 41
  • Lot: 1
  • Municipality: CITY OF HOUSTON
  • Latitude: 29.7588
  • Longitude: -95.475

    Address

  • Full Address: 5506 Holly Springs Dr
  • Address - House Number: 5506
  • Address - Street Name: Holly Springs
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Houston
  • Carrier Code: C013
  • 4-Digit Zip Code: 2024
  • Zip Code: 77056

Valuation

    Tax

  • Total Area: 10,770
  • Tax Year: 2022
  • Tax Amount: $57,710
  • Intital Tax Deliquent Year: 1900
  • Tax Rate Code Area: 061

    Appraisal Valuation

  • Standard Deviation: 0.1644
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 79
  • Final Value: 2,703,065
  • High Value: 3,147,708
  • Low Value: 2,258,423

    Market Valuation

  • Market Total Value: $3,290,795
  • Market Land Value: $1,320,462
  • Market Improvement Value: $1,970,333

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $3,290,795
  • Assessed Land Value: $1,320,462
  • Assessed Improvements Value: $1,970,333

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 26, 2017
  • Current Sale Recording Date: May 26, 2017
  • Current Sale Transaction ID: 1587901184
  • Current Sale Price: $3,100,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 20170233287
  • Previous Sale Recording Date: Jan 05, 2016
  • Previous Sale Contract Date: Dec 30, 2015
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Mortgage Transaction Date: May 26, 2017
  • First Mortgage Loan Amount: $2,480,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jun 01, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 5506 Holly Springs Drive located in?
The 5506 Holly Springs Drive is a located in the neighborhood of Tanglewood in Westside, Houston.
What is the average sales price for listings in 5506 Holly Springs Drive?
The average sales price for units in 5506 Holly Springs Drive is $0 currently.

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