3421 Spencer Hwy, Pasadena, TX 77504 – Strip Shopping Center

RetailYear Built 1965Total Assessed Value $4,247,486County Harris

Property Details

The Retail property 3421 Spencer Hwy, Pasadena, TX 77504 is located in Harris County. The specific property type is Strip Shopping Center. The total assessed value of this property is $4,247,486.

The gross building area is 40,950 square feet and the land area is 127,496 square feet for this Strip Shopping Center built in 1965.

Legal description: Tr 43 Blk 6 S 300 Ft Of 30 31 32 & 33 Grunewald Acres

$4,247,486

Market Value

$103.72

Price per SQFT

Aerial map view of 3421 Spencer Hwy, Pasadena, TX 77504

1 / 5

Property Information

Property TypeRetail

Sub Property TypeStrip Shopping Center

Building Area40,950

Land Size127,496

Land Value$1,912,440

Improved Value$2,335,046

Total Assessed Value$4,247,486

Year Built1965

County NameHarris

Account Number0660470070041

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingForced air unit

Type ConstructionSteel

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Property Details

Property Information

Property Details

The gross building area is 40,950 square feet and the land area is 127,496 square feet for this Strip Shopping Center built in 1965.

Legal description: Tr 43 Blk 6 S 300 Ft Of 30 31 32 & 33 Grunewald Acres

$4,310,607

Guesstimate™

$4,247,486

Market Value

$103.72

Price per SQFT

1 / 5

Property Information

Property TypeRetail

Sub Property TypeStrip Shopping Center

Building Area40,950

Land Size127,496

Land Value$1,912,440

Improved Value$2,335,046

Total Assessed Value$4,247,486

Year Built1965

County NameHarris

Account Number0660470070041

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingForced air unit

Type ConstructionSteel

Sales History

8/15/2019

Arms-length$3,937,500

Buyer

Lv Parkview Investmenet Llc

Seller

Ccg Houstan I Lp

Book Number

2019-359309

Recording Date

8/15/2019

Transaction Details

Lv Parkview Investmenet Llc acquired the property from Ccg Houstan I Lp through a Arms-length transaction on 8/15/2019 for $3,937,500.

8/1/2012

Arms-lengthNot Available

Buyer

Ccg Houston I Lp

Seller

Ca New Plan Fixed Rate Partnership Lp

Book Number

20120354536

Recording Date

8/1/2012

Transaction Details

Ccg Houston I Lp acquired the property from Ca New Plan Fixed Rate Partnership Lp through a Arms-length transaction on 8/1/2012 for Not Available.

12/31/1998

Arms-lengthNot Available

Buyer

Centeramerica Capital

Seller

Bellaire Capital Prtsp Lp

Book Number

Recording Date

12/31/1998

Transaction Details

Centeramerica Capital acquired the property from Bellaire Capital Prtsp Lp through a Arms-length transaction on 12/31/1998 for Not Available.

1/27/1995

Arms-lengthNot Available

Buyer

Bellaire Capital Prtsp Lp

Seller

Royce Properties

Book Number

Recording Date

1/27/1995

Transaction Details

Bellaire Capital Prtsp Lp acquired the property from Royce Properties through a Arms-length transaction on 1/27/1995 for Not Available.

Property constructed in 1965

Mortgage History

9/23/2021

Sale$4,960,000

Borrower

Khoury Family Partnership Lp

Lender

Independent Financial

Book Number

RP-2021-546291

Recording Date

9/23/2021

Transaction Details

Khoury Family Partnership Lp borrowed the property from Independent Financial through a transaction on 9/23/2021 for $4,960,000.

8/15/2019

Helocs both purchase money and non purchase money helocs$3,150,000

Borrower

Lv Parkview Investmenet Llc

Lender

Wells Fargo Bank Na

Book Number

2019-359310

Recording Date

8/15/2019

Transaction Details

Lv Parkview Investmenet Llc borrowed the property from Wells Fargo Bank Na through a Helocs both purchase money and non purchase money helocs transaction on 8/15/2019 for $3,150,000.

Property constructed in 1965

Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2026	$1,912,440	$2,335,046	$4,247,486	$4,247,486	Khoury Family Partne...	5110 Bayfair St, Pas...	Tr 43 Blk 6 S 300 Ft...	9726.03	-	127,496	40,950
2025	$1,912,440	$2,125,104	$4,037,544	$4,037,544	Khoury Family Partne...	5110 Bayfair St, Pas...	Tr 43 Blk 6 S 300 Ft...	9726.03	Grunewald Acres	127,496	40,950
2024	$1,912,440	$2,034,728	$3,947,168	$3,947,168	Khoury Family Partne...	5110 Bayfair St, Pas...	Tr 43 Blk 6 S 300 Ft...	9726.03	Grunewald Acres	127,496	40,950
2023	$1,912,440	$2,143,057	$4,055,497	$4,055,497	Khoury Family Partne...	5110 Bayfair St, Pas...	Tr 43 Blk 6 S 300 Ft...	9726.03	GRUNEWALD ACRES	127,496	40,950
2022	$1,019,968	$2,865,090	$3,885,058	$3,885,058	Khoury Family Partne...	5110 Bayfair St, Pas...	Tr 43 Blk 6 S 300 Ft...	9726.03	GRUNEWALD ACRES	127,496	40,950
2021	$1,274,960	$2,129,878	$3,404,838	$3,404,838	Lv Parkview Investme...	406 Charleston St, F...	Tr 43 Blk 6 S 300 Ft...	9726.03	GRUNEWALD ACRES	127,496	40,950
2020	$1,274,960	$2,301,153	$3,576,113	$3,576,113	Lv Parkview Investme...	406 Charleston St, F...	Tr 43 Blk 6 S 300 Ft...	9726.03	-	127,496	40,950
2019	$1,274,960	$1,872,127	$3,147,087	$3,147,087	Lv Parkview Investme...	406 Charleston St, F...	Tr 43 Blk 6 S 300 Ft...	9726.03	GRUNEWALD ACRES	127,496	40,950
2018	$1,274,960	$1,738,040	$3,013,000	$3,013,000	Ccg Houston I Lp	3131 Turtle Creek Bl...	Tr 43 Blk 6 S 300 Ft...	9726.03	GRUNEWALD ACRES	127,496	40,950
2017	$1,274,960	$1,750,593	$3,025,553	$3,025,553	Ccg Houston I Lp	3131 Turtle Creek Bl...	Tr 43 Blk 6 S 300 Ft...	9726.03	GRUNEWALD ACRES	127,496	40,950

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