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5112 County Rd 172

5112 County Rd 172, Alvin, TX 77511
Property in Alvin-Pearland
Sold Jun 19, 2018
$175,000
$140,000 by Watermark Capital Inc
Mortgage Due Jul 01, 2048
Sold Oct 07, 2015
$20,000
Local assessors in Alvin, TX have categorized 5112 County Rd 172 as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 217,800 square feet. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 5112 County Rd 172 has a total of 1,744 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 well system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. 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 576 sqft. There are 2 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 - C. The building has a roof that is 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 electric heaters is the primary heating source and it is being fueled with electricity. 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, 5112 County Rd 172 sold most recently in Jun 8, 2018 for a total of $175,000. If you work out the math, that's approximately a cost of $100.34 per sqft. Before that, the property was also sold for $20,000 in May 16, 2011. 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 $5,965 in taxes each year. 5112 County Rd 172 was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $320,650. If we break it down further, the land itself was valued at $168,000. Improvements to the property, however, were assessed at a total of $240,000. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick veneer
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 217,800
  • Total Building Area: 1,744
  • Gross Building Area: 1,744
  • Building Area: 1,744
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Electric
  • Heated Square Feet: 1,744
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: LOST ROAD RANCH SUB SEC II (A0100 F MOOR
  • Land Acres: 5
  • Standard Land Use Code: Single family residential
  • Mobile Home Indicator: T
  • Legal Description 1: LOST ROAD RANCH SUB SEC II (A0100 F MOORE) LOT 17 ACRES 5.0

Ownership

  • Current Owner : GRIMES RAY ALLEN
  • Previous Owner : GRIMES SANDRA ELIZABETH
  • Owner Before Previous Owner: VETERANS LAND BR OF THE STATE OF TEXAS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Alvin Independent School District
  • Census Tract: 661502

Geography

  • Subdivision Tract Number: S6328
  • Parcel: 6328-0100-017
  • Lot: 17
  • Municipality: IOWA COLONY
  • Latitude: 29.3666
  • Longitude: -95.2885

    Address

  • Full Address: 5112 County Road 172
  • Address - House Number: 5112
  • Address - Street Name: County Road 172
  • State: TX
  • City Name: Alvin
  • Carrier Code: R004
  • 4-Digit Zip Code: 0331
  • Zip Code: 77511

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,965
  • Tax Rate Code Area: SAL

    Appraisal Valuation

  • Standard Deviation: 0.1821
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 76
  • Final Value: 481,988
  • High Value: 569,785
  • Low Value: 394,191

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $213,000
  • First Open Lien Mortgage Lender: WATERMARK CAPITAL INC
  • First Open Lien Mortgage Recording Date: Jun 19, 2018
  • First Open Lien Mortgage Loan Amount: $140,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2048
  • Second Open Lien Mortgage Lender: FROST BANK
  • Second Open Lien Mortgage Recording Date: Oct 05, 2022
  • Second Open Lien Mortgage Loan Amount: $73,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Building or Construction Loan

    Market Valuation

  • Market Total Value: $408,000
  • Market Land Value: $168,000
  • Market Improvement Value: $240,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $320,650
  • Assessed Land Value: $168,000
  • Assessed Improvements Value: $240,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 08, 2018
  • Current Sale Recording Date: Jun 19, 2018
  • Current Sale Transaction ID: 11475916398
  • Current Sale Price: $175,000
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2018030868
  • Previous Sale Recording Date: Oct 07, 2015
  • Previous Sale Contract Date: May 16, 2011
  • Previous Sale Amount: $20,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WATERMARK CAPITAL INC
  • First Mortgage Transaction Date: Jun 19, 2018
  • First Mortgage Loan Amount: $140,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2048

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 5112 County Rd 172 located in?
The 5112 County Rd 172 is a located in the neighborhood of Alvin-Pearland in Brazoria, Alvin.
What is the average sales price for listings in 5112 County Rd 172?
The average sales price for units in 5112 County Rd 172 is $0 currently.

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