NOT LISTED FOR SALE

1001 Main St Commerce, TX 75428

Estimated Value: $172,243 - $212,000

3 Beds
2 Baths
1,680 Sq Ft
$112/Sq Ft Est. Value

Sale Details

Date Sold: May 6, 2022

Current estimated payment $1,452 / mo

8 Days on Market

Highlights

  • Open Floorplan
  • Accessible Entrance
  • Tile Flooring
  • Dual Staircase
  • Accessibility Features
  • Central Air

About This Home

As of May 2022

The is a Single-family home Turned into a duplex. The stairs are still in the home and with minor adjustments can be made back into a single-family. Or keep the property the way it is and have 3 income-producing units. The third unit is a bungalow detached from the home which could be income-producing, an art studio, man cave, She-shed etc... This property also has a road frontage on 3 sides! Property is Zoned Commercial ALSO LISTED UNDER MULTI-FAMILY.

Last Agent to Sell the Property

Ashley Hammons

AT Home Texas Real Estate License #0615230 Listed on: 03/14/2022

Last Buyer's Agent

Barbara Thomas

OnwardTX Real Estate Advisors License #0598702

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 9,757

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Metal Roof
  • Siding

Interior Spaces

  • 1,680 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Dual Staircase
  • Electric Range

Flooring

  • Laminate
  • Concrete
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Outside Parking

Accessible Home Design

  • Accessibility Features
  • Accessible Entrance

Schools

  • Commerce Elementary And Middle School
  • Commerce High School

Utilities

  • Central Air
  • Heating Available
  • Overhead Utilities
  • Cable TV Available

Additional Features

  • 9,757 Sq Ft Lot
  • Accessory Dwelling Unit (ADU)

Listing and Financial Details

  • Legal Lot and Block 4A / 5
  • Assessor Parcel Number 54195
  • $2,841 per year unexempt tax

Community Details

Overview

  • 3 Units
  • 1,680 Sq Ft Building
  • Orig Town Of Commerce Subdivision

Amenities

  • Community Mailbox

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

9,757 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Unit Levels: Two
  • Accessibility Features: Accessible Entrance
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: Subdivided
  • Accessibility Features Yn: Yes
  • Accessory Unit YN: Yes
  • Ratio Current Price By Building: 104.16667
  • Special Features: None
  • Year Built: 1970

Interior Features

  • Square Footage: 1680.00
  • Interior Amenities: Multiple Staircases, Open Floorplan, Pantry
  • Flooring: Concrete, Laminate, Tile, Vinyl
  • Appliances: Dryer, Electric Range, Washer
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Metal
  • Construction Materials: Brick, Siding, Wood

Garage/Parking

  • Cooling System: Central Air
  • Number Of Parking Spaces: 4
  • Parking Features: On Site, Outside
  • GarageYN: No

Utilities

  • Heating: Electric
  • Utilities: All Weather Road, Cable Available, City Sewer, City Water, Community Mailbox, Concrete, Gravel/Rock, Overhead Utilities

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Commerce ISD

Lot Info

  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Units: Acres
  • Lot Size Area: 0.2240
  • Parcel Number: 54195
  • Lot Size Acres: 0.2240
  • Lot Size Sq Ft: 9757.4400

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1970
  • Units Total: 3

Multi Family

  • Gross Annual Income: 25680.00
  • Unit Count: 1

Tax Info

  • Unexempt Taxes: 2841
  • TaxBlock: 5
  • Tax Lot: 4A

MLS Schools

  • Middle School Name: Commerce
  • Elementary School Name: Commerce
  • High School Name: Commerce

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2022
Closed on
May 6, 2022
Sold by
Cheryl Singleton
Bought by
Martinez Maria T and Martinez Isai
Seller's Agent
Ashley Hammons
AT Home Texas Real Estate
Buyer's Agent
Barbara Thomas
OnwardTX Real Estate Advisors
List Price
$168,000
Current Estimated Value
$188,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.90%
Original Mortgage
$131,250
Outstanding Balance
$124,707
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$63,354
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Martinez Maria T -- New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Maria T $131,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2022 05/06/22 Sold -- -- --
03/22/2022 03/22/22 Pending -- -- --
03/14/2022 03/14/22 For Sale $168,000 -- $100 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

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 $5,459 $206,000 $27,560 $178,440
2024 $5,459 $211,770 $29,890 $181,880
2023 $5,459 $186,170 $27,560 $158,610
2022 $3,543 $127,350 $18,990 $108,360
2021 $2,939 $101,690 $8,960 $92,730
2020 $2,845 $94,760 $8,960 $85,800
2019 $1,733 $55,780 $8,570 $47,210
2018 $1,335 $42,590 $4,380 $38,210
2017 $1,221 $39,150 $4,380 $34,770
2016 $1,029 $33,000 $7,300 $25,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20005385

North Texas Real Estate Information Systems (NTREIS)

APN: 54195

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