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621 East 40th Street

621 East 40th Street, Houston, TX 77022
Sold Dec 15, 2023
Transfer
Sold Jun 22, 2023
$104,272
$78,400 by Capital Fund I, Llc
Mortgage Due Jun 01, 2024
621 East 40th Street in Houston, TX was first built in 1940 and is 84 years old. Although, the building on the property was most recently renovated and altered in 2010. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bungalow style. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 621 East 40th Street has 720 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 3,200 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a detached garage. The garage is 486 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of E. The condition of the building has been evaluated as average. The exterior walls of the home are made of a combination of material. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $104,272 in Jun 16, 2023. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,705 in taxes each year. The initial year of tax delinquency occurred in 2020. 621 East 40th Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $122,837. If we break it down further, the land itself was valued at $76,800. Improvements to the property, however, were assessed at a total of $46,037. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: E
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 486
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,200
  • Total Building Area: 720
  • Gross Building Area: 720
  • Building Area: 720
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 720
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: INDEPENDENCE HEIGHTS SCHOOL
  • Land Acres: 0.074
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: LT 8 BLK 58 INDEPENDENCE HEIGHTS SCHOOL

Ownership

  • Current Owner : NEF ENTERPRISE HOLDINGS LLC
  • Previous Owner : EMPLIFY LLC
  • Owner Before Previous Owner: RODRIGUEZ JUANITA M
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Houston Independent School District
  • School Tax School District: HOUSTON ISD
  • Census Tract: 530400

Geography

  • Assessors Map Reference: 5360C
  • Account Number: 0211280000008
  • District: 061
  • Parcel: 021-128-000-0008
  • Block: 58
  • Lot: 8
  • Municipality: CITY OF HOUSTON
  • Latitude: 29.8224
  • Longitude: -95.3915

    Address

  • Full Address: 621 E 40th St
  • Address - House Number: 621
  • Street Direction: E
  • Address - Street Name: 40th
  • Address - Suffix Type: St
  • State: TX
  • City Name: Houston
  • Carrier Code: C002
  • 4-Digit Zip Code: 4733
  • Zip Code: 77022

Valuation

    Tax

  • Total Area: 728
  • Tax Year: 2022
  • Tax Amount: $2,705
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 061

    Appraisal Valuation

  • Standard Deviation: 0.1694
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 78
  • Final Value: 207,945
  • High Value: 243,174
  • Low Value: 172,715

    Market Valuation

  • Market Total Value: $122,837
  • Market Land Value: $76,800
  • Market Improvement Value: $46,037

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $122,837
  • Assessed Land Value: $76,800
  • Assessed Improvements Value: $46,037

    Sales

  • Current Sale Contract Date: Nov 28, 2023
  • Current Sale Recording Date: Dec 15, 2023
  • Current Sale Transaction ID: 11918138482
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 473242
  • Previous Sale Recording Date: Jun 22, 2023
  • Previous Sale Contract Date: Jun 16, 2023
  • Previous Sale Amount: $104,272
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: CAPITAL FUND I, LLC
  • Previous Mortgage Transaction Date: Jun 22, 2023
  • Previous Mortgage Loan Amount: $78,400
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2024

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Frequently Asked Questions

What neighborhood is 621 East 40th Street located in?
The 621 East 40th Street is a located in the neighborhood of Independence Heights in North Houston, Houston.
What is the average sales price for listings in 621 East 40th Street?
The average sales price for units in 621 East 40th Street is $0 currently.

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