NOT LISTED FOR SALE

1000 W Washington St Unit 1002 Sherman, TX 75092

Estimated Value: $275,000 - $346,661

2 Beds
2 Baths
2,681 Sq Ft
$116/Sq Ft Est. Value

Last Sold December 03, 2021

Current estimated payment $2,343/month

45 Days on Market

Highlights

  • Corner Lot
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Energy-Efficient Appliances
  • Landscaped
  • Ceiling Fan

About This Home

As of December 2021

New Leases INCREASED INCOME!!!! Great investment opportunity!! Each duplex is 2 bed 2 bath with covered parking. All units are currently leased. Contact agent for showings. Please do not disturb the tenants!
Both duplexes are to be sold together, so the price total is 757,973.00

Last Agent to Sell the Property

Lisa Hitchcock

Easy Life Realty License #0611932 Listed on: 08/24/2021

Easy Life Realty

Last Buyer's Agent

Michael Perry

Perry Legacy Realty License #0603456

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,597

Year Built

  • Built in 1986

Lot Details

  • 7,187 Sq Ft Lot
  • Landscaped
  • No Backyard Grass
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,681 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Decorative Lighting
  • Wood Burning Fireplace
  • Decorative Fireplace
  • Fireplace With Gas Starter

Kitchen

  • Electric Range
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Carport

Eco-Friendly Details

  • Energy-Efficient Appliances

Schools

  • Wakefield Elementary School
  • Piner Middle School
  • Dillingham Middle School
  • Sherman High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Brownwood Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 159708
  • $5,347 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,597

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 24000
  • Water Body Name: Texoma
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 136.14323
  • Special Features: None
  • Year Built: 1986

Interior Features

  • Square Footage: 2681.00
  • Fireplace Features: Decorative, Gas Starter, Wood Burning
  • Interior Amenities: Cable TV Available, Decorative Lighting
  • Flooring: Carpet, Ceramic Tile
  • Appliances: Dishwasher, Disposal, Electric Range, Plumbed for Ice Maker
  • Fireplaces: 1

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: None
  • Roof: Composition
  • Construction Materials: Brick, Wood

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Number Of Parking Spaces: 2
  • Parking Features: Carport
  • GarageYN: No

Utilities

  • Heating: Central, Natural Gas
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Complex Name: Washington
  • Association Type: None

Schools

  • School District: Sherman ISD
  • Elementary School: Wakefield
  • Intermediate School: Dillingham
  • High School: Sherman

Green Features

  • Efficiency: Appliances
  • Smart Home Features Appor Pass Y: No

Lot Info

  • PropertyAttachedYN: No
  • Lot Features: Corner Lot, Landscaped, No Backyard Grass
  • Lot Size Units: Acres
  • Lot Size Area: 0.1650
  • Parcel Number: 159708
  • Lot Size Acres: 0.1650
  • Lot Size Sq Ft: 7187.4000

Building Info

  • Year Built: 1986
  • Units Total: 1

Multi Family

  • Gross Annual Expenses: 3000.00
  • Gross Annual Income: 27000.00
  • Insurance Expense: 1450
  • Unit Count: 2

Tax Info

  • Unexempt Taxes: 5347
  • Tax Lot: 3

MLS Schools

  • MiddleOrJuniorSchool: Piner
  • Middle School Name: Piner
  • Elementary School Name: Wakefield
  • High School Name: Sherman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2021
Closed on
Dec 3, 2021
Sold by
Bean Michael Paul and Brem Kimberly
Bought by
Lindley Daren
Seller's Agent
Lisa Hitchcock
Easy Life Realty
Buyer's Agent
Michael Perry
Perry Legacy Realty
List Price
$369,000
Current Estimated Value
$310,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.08%
Original Mortgage
$262,500
Outstanding Balance
$241,366
Interest Rate
3.09%
Mortgage Type
Stand Alone First
Estimated Equity
$69,465
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lindley Daren -- Grayson County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lindley Daren $262,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2021 12/03/21 Sold -- -- --
10/08/2021 10/08/21 Pending -- -- --
08/26/2021 08/26/21 Price Changed $351,246 -4.8% $131 / Sq Ft
08/24/2021 08/24/21 For Sale $369,000 -- $138 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,597 $323,344 $52,233 $271,111
2024 $8,597 $391,958 $52,233 $339,725
2023 $9,285 $422,893 $46,291 $376,602
2022 $8,737 $372,810 $46,597 $326,213
2021 $6,585 $262,708 $41,657 $221,051
2020 $5,599 $213,341 $19,713 $193,628
2019 $5,181 $192,206 $9,857 $182,349
2018 $4,778 $190,443 $6,979 $183,464
2017 $3,182 $127,837 $6,979 $120,858
2016 $3,226 $129,607 $6,979 $122,628
2015 $0 $133,768 $6,979 $126,789
2014 -- $123,299 $6,979 $116,320
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lisa Hitchcock

    Easy Life Realty

    Section Image
  • Michael Perry

    Buyer's Agent in 2021

    Michael Perry

    Perry Legacy Realty

    (214) 418-8526

    96 Total Sales

    Michael Perry
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14656517

North Texas Real Estate Information Systems (NTREIS)

APN: 159708

Texas Grayson County Sherman 75092

1000 W Washington St Unit 1002, Sherman, TX

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