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5724 118th Street

5724 118th Street, Lubbock, TX 79424
Property in Lubbock
Sold Jul 20, 2023
$2,276,640
Sold Jun 06, 2023
$401,640
$397,664 by Fairway Independent Mtg Corp
Mortgage Due Jul 01, 2053
Local assessors in Lubbock, TX have categorized 5724 118th Street as a residential type of property. The home was built in 2022 and is 2 years old. The property's lot size has been calculated to be 6,900 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 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 3 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 5724 118th Street has a total of 2,371 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 garage for those who need a place to park their vehicle. The garage on the property is 611 sqft. The building has a gable style roof that was made of composition shingle. Lots of brick veneer 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jun 14, 2023 for $2,276,640. That's $960.20 per sqft. Prior to that sales transaction, the property was also sold in Jun 5, 2023 for $401,640. 5724 118th Street was last assessed in 2023. The total value of the property was assessed at $372,293. Specifically, the land the property is located on was valued at $43,125. While improvements on the property were assessed at a total of $329,168. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $7,834. 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. 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

Condition

New Construction

Exterior

Brick Exterior
Vinyl Siding

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 611
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,900
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,371
  • Gross Building Area: 2,371
  • Building Area: 2,371
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,371
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STONEWOOD ESTATES
  • Land Acres: 0.158
  • Standard Land Use Code: Single family residential
  • Legal Description 1: STONEWOOD ESTATES L 282

Ownership

  • Current Owner : WEST TEXAS LTO LLC
  • Previous Owner : SIGNATURE HOMES BY CLEARVIEW LLC
  • Owner Before Previous Owner: SIGNATURE HOMES BY CLEARVIEW LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lubbock Independent School District
  • School Tax School District: WHP
  • Census Tract: 010421

Geography

  • Assessors Map Reference: 525
  • Parcel: R341646
  • Lot: 2820
  • Municipality: CITY OF LUBBOCK
  • Latitude: 33.4861
  • Longitude: -101.936

    Address

  • Full Address: 5724 119th St
  • Address - House Number: 5724
  • Address - Street Name: 119th
  • Address - Suffix Type: St
  • State: TX
  • City Name: Lubbock
  • Carrier Code: R044
  • 4-Digit Zip Code: 6104
  • Zip Code: 79424

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,834
  • Tax Rate Code Area: CLB GLB HS

    Appraisal Valuation

  • Standard Deviation: 0.1792
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 76
  • Final Value: 387,352
  • High Value: 456,794
  • Low Value: 317,910

    Market Valuation

  • Market Total Value: $372,293
  • Market Land Value: $43,125
  • Market Improvement Value: $329,168

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $372,293
  • Assessed Land Value: $43,125
  • Assessed Improvements Value: $329,168

    Sales

  • Current Sale Contract Date: Jun 14, 2023
  • Current Sale Recording Date: Jul 20, 2023
  • Current Sale Transaction ID: 11909545796
  • Current Sale Price: $2,276,640
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 27597
  • Previous Sale Recording Date: Jun 06, 2023
  • Previous Sale Contract Date: Jun 05, 2023
  • Previous Sale Amount: $401,640
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • Previous Mortgage Transaction Date: Jun 06, 2023
  • Previous Mortgage Loan Amount: $397,664
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2053

About Lubbock



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Frequently Asked Questions

What neighborhood is 5724 118th Street located in?
The 5724 118th Street is a located in the neighborhood of Lubbock in Lubbock, Lubbock.
What is the average sales price for listings in 5724 118th Street?
The average sales price for units in 5724 118th Street is $0 currently.

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