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8841 Timber Path

8841 Timber Path, San Antonio, TX 78250
Property in Far West Side
Sold Dec 22, 2021
$23,250,000
$20,178,000 by Readycap Commercial Llc
Mortgage
Sold Dec 31, 1998
$7,625,000
$6,100,000 by Victoria Svgs Assn
Mortgage
8841 Timber Path has been categorized by the local assessors in San Antonio, TX as a residential type of property. The building on the property was first built in 1984 and is 40 years old. However, we must point out that the home was most recently renovated and altered in 1996. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 8841 Timber Path has 117,484 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 276,954 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 1,638 sqft. According to our sources, there are a total of 181 available parking spaces. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. 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, 8841 Timber Path was last sold in Dec 21, 2021 for $23,250,000. According to our calculations, that's $193.67 per sqft. Prior to that sales transaction, the property was sold for $7,625,000 in Dec 31, 1998. Current property owners are expected to pay $368,444 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 8841 Timber Path was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $16,042,500. To break that down further, the land itself was valued at $434,820. While improvements to the property were assessed at a total of $15,607,680. 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. 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.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: 1984
  • Effective Year Built: 1996
  • Building Count: 8
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Style: Multifamily
  • Exterior Walls Type: Brick
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 8
  • Business/Commerical Units Count: 56
  • Basement Area: 0
  • Parking Type: Built-in
  • Garage Type: Carport
  • Garage Square Area: 1,638
  • Parking Space Count: 181
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 276,954
  • Total Building Area: 120,052
  • Gross Building Area: 36,940
  • Building Area: 117,484
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 117,484
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTHWEST TRAILS SUB
  • Land Acres: 6.358
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: NCB 18790 BLK 90 LOT 2 NORTHWEST TRAILS SUBD (GREAT NORTHWEST ANNEXATION)

Ownership

  • Current Owner : VILLAS DE SENDERO INVESTOR TX LLC
  • Previous Owner : PM SENDERO LLC
  • Owner Before Previous Owner: NORTHWEST TRAILS APARTMENTS REAL ESTATE
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Northside Independent School District
  • School Tax School District: 56
  • Census Tract: 181713

Geography

  • Assessors Map Reference: 579B4
  • Parcel: 18790-090-0020
  • Block: 90
  • Lot: 2
  • Municipality: SAN ANTONIO
  • Latitude: 29.4838
  • Longitude: -98.6578

    Address

  • Full Address: 8841 Timber Path
  • Address - House Number: 8841
  • Address - Street Name: Timber
  • Address - Suffix Type: Path
  • State: TX
  • City Name: San Antonio
  • Carrier Code: R094
  • 4-Digit Zip Code: 4359
  • Zip Code: 78250

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $368,444
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 56

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $20,178,000
  • First Open Lien Mortgage Lender: READYCAP COMMERCIAL LLC
  • First Open Lien Mortgage Recording Date: Dec 22, 2021
  • First Open Lien Mortgage Loan Amount: $20,178,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $16,042,500
  • Market Land Value: $434,820
  • Market Improvement Value: $15,607,680

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,042,500
  • Assessed Land Value: $434,820
  • Assessed Improvements Value: $15,607,680

    Sales

  • Current Sale Contract Date: Dec 21, 2021
  • Current Sale Recording Date: Dec 22, 2021
  • Current Sale Transaction ID: 11875638316
  • Current Sale Price: $23,250,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 20210355442
  • Previous Sale Recording Date: Dec 31, 1998
  • Previous Sale Contract Date: Dec 31, 1998
  • Previous Sale Amount: $7,625,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: READYCAP COMMERCIAL LLC
  • First Mortgage Transaction Date: Dec 22, 2021
  • First Mortgage Loan Amount: $20,178,000
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: VICTORIA SVGS ASSN
  • Previous Mortgage Transaction Date: Dec 31, 1998
  • Previous Mortgage Loan Amount: $6,100,000
  • Previous Mortgage Loan Type: Commercial

About Far West Side



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Frequently Asked Questions

What neighborhood is 8841 Timber Path located in?
The 8841 Timber Path is a located in the neighborhood of Far West Side in Far West Side, San Antonio.
What is the average sales price for listings in 8841 Timber Path?
The average sales price for units in 8841 Timber Path is $0 currently.

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