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1611 Magnolia Lane

1611 Magnolia Lane, Kingwood, TX 77339
Property in Forest Cove
Sold Sep 27, 1993
$98,800
$79,000 by Gmac Mtg
Mortgage Due Oct 01, 2023
1611 Magnolia Lane in Kingwood, TX was first built in 1963 and is 61 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1611 Magnolia Lane has 2,627 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 44,390 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. 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 garage. The garage is 682 sqft. There are a total of 2 available parking spaces. 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 brick control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick veneer. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1611 Magnolia Lane sold most recently in Sep 23, 1993 for a total of $98,800. If you work out the math, that's approximately a cost of $37.61 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,645 in taxes each year. 1611 Magnolia Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $341,028. If we break it down further, the land itself was valued at $136,160. Improvements to the property, however, were assessed at a total of $204,868. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Brick
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 682
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 44,390
  • Total Building Area: 2,627
  • Gross Building Area: 2,627
  • Building Area: 2,627
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,627
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FOREST COVE SEC 5 U/R
  • Land Acres: 1.019
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: LT 5 BLK 20 FOREST COVE SEC 5 U/R

Ownership

  • Current Owner : MALKAMAKI LAURI J
  • Current Owner 2: MALKAMAKI DEBORAH O
  • Previous Owner : GALLAGHER CURTIS R
  • Previous Owner 2: GALLAGHER ARRETTA J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Humble Independent School District
  • School Tax School District: HUMBLE ISD
  • Census Tract: 251100

Geography

  • Assessors Map Reference: 5769C
  • Account Number: 0952760000005
  • District: 061
  • Parcel: 095-276-000-0005
  • Block: 20
  • Lot: 5
  • Municipality: CITY OF HOUSTON
  • Latitude: 30.0351
  • Longitude: -95.231

    Address

  • Full Address: 1611 Magnolia Ln
  • Address - House Number: 1611
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Kingwood
  • Carrier Code: R005
  • 4-Digit Zip Code: 3437
  • Zip Code: 77339

Valuation

    Tax

  • Total Area: 3,127
  • Tax Year: 2022
  • Tax Amount: $2,645
  • Tax Rate Code Area: 061

    Appraisal Valuation

  • Standard Deviation: 0.2012
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 72
  • Final Value: 412,346
  • High Value: 495,317
  • Low Value: 329,376

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $79,000
  • First Open Lien Mortgage Lender: GMAC MTG
  • First Open Lien Mortgage Recording Date: Sep 27, 1993
  • First Open Lien Mortgage Loan Amount: $79,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2023

    Market Valuation

  • Market Total Value: $341,028
  • Market Land Value: $136,160
  • Market Improvement Value: $204,868

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $341,028
  • Assessed Land Value: $136,160
  • Assessed Improvements Value: $204,868

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 23, 1993
  • Current Sale Recording Date: Sep 27, 1993
  • Current Sale Transaction ID: 1204757033
  • Current Sale Price: $98,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: P470405

    Last Sale Mortgage

  • First Mortgage Lender: GMAC MTG
  • First Mortgage Transaction Date: Sep 27, 1993
  • First Mortgage Loan Amount: $79,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Oct 01, 2023

About Kingwood



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Frequently Asked Questions

What neighborhood is 1611 Magnolia Lane located in?
The 1611 Magnolia Lane is a located in the neighborhood of Forest Cove in Kingwood, Kingwood.
What is the average sales price for listings in 1611 Magnolia Lane?
The average sales price for units in 1611 Magnolia Lane is $0 currently.

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