NOT LISTED FOR SALE

1016 W Gandy St Denison, TX 75020

Estimated Value: $424,017 - $545,000

8 Beds
8 Baths
4,110 Sq Ft
$118/Sq Ft Est. Value

Last Sold August 20, 2021

Current estimated payment $3,361/month

40 Days on Market

Highlights

  • Central Heating and Cooling System
  • High Speed Internet
  • Carpet
  • Denison High School Rated A-

About This Home

As of August 2021

Highly sought after multi family 4 plex, great investment opportunity, walking distance to downtown Denison, 1920's updated, long term tenants on month to month leases. Parking in back, two up, two down. So much going on in the Denison area and so little available rentals, this could be your retirement investment. 10 minutes from Lake Texoma, minutes to retail, dining, medical and schools. Don't miss this chance for one of the few multi family housing opportunities that becomes available in fast growing Grayson County TX.
BUYER TO VERIFY ALL. BUYER RESPONSIBLE FOR NEW SURVEY IS REQUESTED.
Gas water heater, clothes dryer

Last Agent to Sell the Property

Sara Jerome

Vincent Realty Group License #0630971 Listed on: 05/19/2021

Last Buyer's Agent

DeAnn Jones

FanninLand Realty License #0679190

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,651

Year Built

  • Built in 1920

Lot Details

  • 7,492 Sq Ft Lot
  • Lot Dimensions are 100 x 150
  • Few Trees

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Siding

Interior Spaces

  • 4,110 Sq Ft Home
  • 2-Story Property
  • Wired For A Flat Screen TV
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

  • 8 Parking Spaces
  • Common or Shared Parking

Schools

  • Terrell Elementary School
  • Henry Scott Middle School
  • Mcdaniel Middle School
  • Denison High School

Utilities

  • Central Heating and Cooling System
  • Individual Gas Meter
  • High Speed Internet
  • Cable TV Available

Community Details

  • 4,110 Sq Ft Building
  • Association Phone (903) 868-1415
  • Millers 1St Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 15
  • Assessor Parcel Number 143432
  • $3,902 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,651

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: Two
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Lake Pump Y N: No
  • Ratio Current Price By Building: 85.47445
  • Special Features: None
  • Year Built: 1920

Interior Features

  • Square Footage: 4110.00
  • Interior Amenities: Cable TV Available, Flat Screen Wiring, High Speed Internet Available
  • Flooring: Carpet, Laminate
  • Appliances: Dishwasher, Disposal, Electric Range

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Total Bedrooms: 8

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Siding, Wood
  • Waterfront: No

Garage/Parking

  • Cooling System: Central Air, Electric
  • Number Of Parking Spaces: 8
  • Parking Features: Common
  • GarageYN: No

Utilities

  • Heating: Central, Electric
  • Utilities: Asphalt, City Sewer, City Water, Curbs, Individual Gas Meter, Sidewalk

Condo/Co-op/Association

  • Association Type: None
  • HOA Management Company: 9038681415

Schools

  • School District: Denison ISD
  • Elementary School: Terrell
  • Middle School: Henry Scott
  • High School: Denison
  • School District: Denison ISD
  • Elementary School: Terrell
  • Intermediate School: Mcdaniel
  • High School: Denison

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Few Trees
  • Lot Size Units: Acres
  • Lot Size Area: 0.1720
  • Lot Size: 100 x 150
  • Parcel Number: 143432
  • Lot Size Acres: 0.1720
  • Lot Size Sq Ft: 7492.3200
  • Assessor Parcel Number 2: 143433

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1920
  • Units Total: 4
  • SeniorCommunityYN: No

Multi Family

  • Gross Annual Income: 30000.00
  • Tenancy: Month to Month
  • Unit Count: 1

Tax Info

  • Unexempt Taxes: 3902
  • TaxBlock: 15
  • Tax Lot: 4

MLS Schools

  • MiddleOrJuniorSchool: Henry Scott
  • Middle School Name: Henry Scott
  • Elementary School Name: Terrell
  • High School Name: Denison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2021
Closed on
Aug 19, 2021
Sold by
Lmo Enterprises Inc
Bought by
Bosk2 Ventures Llc
Seller's Agent
Sara Jerome
Vincent Realty Group
Buyer's Agent
DeAnn Jones
FanninLand Realty
List Price
$425,000
Current Estimated Value
$484,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.10%
Original Mortgage
$328,000
Outstanding Balance
$295,071
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$185,367

Purchase Details

Closed on
Dec 14, 2009
Sold by
Olmstead Lee Marshall
Bought by
Lmo Enterprises Inc

Purchase Details

Closed on
Jan 5, 2004
Sold by
Olmstead Ellis and Olmstead Patti
Bought by
Olmstead Lee Marshall and Olmstead Richard Clayton
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
Bosk2 Ventures Llc -- New Title Company Name
Lmo Enterprises Inc -- None Available
Olmstead Lee Marshall -- None Available
Olmstead Lee Marshall -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bosk2 Ventures Llc $328,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold -- -- --
05/19/2021 05/19/21 For Sale $425,000 -- $103 / 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 $8,651 $363,249 $33,000 $330,249
2024 $8,651 $372,339 $31,875 $340,464
2023 $8,705 $384,238 $28,500 $355,738
2022 $8,842 $372,157 $28,500 $343,657
2021 $4,157 $164,833 $15,000 $149,833
2020 $4,081 $154,709 $10,950 $143,759
2019 $4,177 $151,801 $7,425 $144,376
2018 $3,702 $133,443 $4,125 $129,318
2017 $3,232 $115,530 $4,125 $111,405
2016 $2,331 $83,322 $4,125 $79,197
2015 $2,478 $87,706 $3,150 $84,556
2014 $2,478 $87,706 $3,150 $84,556
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14581306

North Texas Real Estate Information Systems (NTREIS)

APN: 143432