NOT LISTED FOR SALE

101 S Commonsway Dr Unit 16 Portland, TX 78374

Estimated Value: $537,000 - $1,131,000

-- Bed
1.5 Baths
24,992 Sq Ft
$33/Sq Ft Est. Value

Last Sold May 31, 2018

Current estimated payment $5,105/month

272 Days on Market

Highlights

  • 26,572 Sq Ft lot
  • Wood Flooring
  • Interior Lot
  • Clark Elementary School Rated A-
  • No HOA
  • Laundry Room

About This Home

As of May 2018

Apartments consist of four buildings on concrete slab foundations with flat roofs. The units are made up of 16 two bed/1.5 bath. This property offers investors an incredible value-add opportunity. This property is located in one of the most steadily growing Portland, TX. The tenants are paying their own electricity, landlord pays for water, there is no gas on site. All contracts are 1 year lease contracts. More information upon request.

Last Agent to Sell the Property

Natalia Muse

KW Coastal Bend - Island License #0652601 Listed on: 08/01/2017

KW Coastal Bend - Island

Last Buyer's Agent

Tava Peralta

Realty Executives Coastal Bend License #0646879

Realty Executives Coastal Bend

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $8,346

Lot Details

  • 0.61 Acre Lot
  • Wood Fence
  • Interior Lot

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Wood Siding
  • Stucco

Interior Spaces

  • 24,992 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Electric Oven or Range

Flooring

  • Wood
  • Tile
  • Vinyl

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Schools

  • Gregory Portland Elementary And Middle School
  • Gregory Portland High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Buildings
  • 16 Units
  • Portla Nd Lang North #2 Subdivision

Listing and Financial Details

  • Tax Block 3335

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,346

Lot Details

0

Listing Details

  • Property Sub Type Additional: Apartment
  • Property Sub Type: Apartment
  • Prop. Type: Residential
  • Road Surface Type: Asphalt, Concrete
  • Subdivision Name: PORTLA ND-LANG NORTH #2
  • Unit Levels: Two
  • Building Stories: 2
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Number Of Buildings: 4
  • Appliances: Electric Oven, Electric Range
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplace: No
  • Flooring: Hardwood, Tile, Vinyl
  • Living Area: 24992.0
  • Stories: 2
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Wood
  • Lot Features: Interior Lot
  • Pool Features: None
  • Construction Type: Stucco, Wood Siding
  • Foundation Details: Slab
  • Roof: Flat

Garage/Parking

  • Parking Features: Asphalt, Concrete

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Laundry Room
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Gregory Portland
  • Junior High Dist: Gregory Portland ISD
  • High School: Gregory Portland
  • Middle Or Junior School: Gregory Portland

Lot Info

  • Lot Size Sq Ft: 26572.0

Multi Family

  • Number Of Units In Community: 16
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 3335

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2006
Sold by
Phung Sunny and Phe Joanna Cheng
Bought by
Sj Phung Property Management Llc
Current Estimated Value
$834,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Outstanding Balance
$107,370
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$726,630

Purchase Details

Closed on
Aug 29, 2005
Sold by
Davis & Davis Holdings Inc
Bought by
Phung Sunny and Phe Joanna Cheng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
5.81%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sj Phung Property Management Llc -- None Available
Phung Sunny -- Stewart Title Of Corpus Chri
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sj Phung Property Management Llc $191,250
Previous Owner Phung Sunny $191,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2018 05/31/18 Sold -- -- --
05/01/2018 05/01/18 Pending -- -- --
08/01/2017 08/01/17 For Sale $999,900 -- $40 / Sq Ft
Source: South Texas MLS

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 $8,346 $281,916 $50,056 $231,860
2023 $8,346 $317,290 $48,885 $268,405
2022 $5,696 $240,372 $48,885 $191,487
2021 $4,822 $199,208 $31,433 $167,775
2020 $4,645 $191,896 $31,503 $160,393
2019 $4,961 $191,896 $31,503 $160,393
2017 $6,272 $254,271 $31,503 $222,768
2016 $6,272 $254,271 $31,503 $222,768
2015 -- $226,338 $3,168 $223,170
2013 -- $119,550 $1,472 $118,078
Source: Public Records

Agents Affiliated with this Home

  • Natalia Muse

    Seller's Agent in 2018

    Natalia Muse

    KW Coastal Bend - Island

    (361) 949-8282

    3 in this area

    75 Total Sales

    Natalia Muse
    Section Image
  • Tava Peralta

    Buyer's Agent in 2018

    Tava Peralta

    Realty Executives Coastal Bend

    (361) 271-6060

    15 in this area

    20 Total Sales

    Tava Peralta
    Section Image
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Map

Source: South Texas MLS

MLS Number: 316264

South Texas MLS

APN: 40897

Texas San Patricio County Portland 78374

101 S Commonsway Dr Unit 16, Portland, TX

This home is located at 101 S Commonsway Dr Unit 16, Portland, TX 78374 since 01 August 2017 and is currently estimated at $834,000, approximately $33 per square foot. 101 S Commonsway Dr Unit 16 is a home located in San Patricio County with nearby schools including Clark Elementary School, Gregory-Portland Intermediate School, and Gregory-Portland Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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