NOT LISTED FOR SALE

Estimated Value: $360,000 - $449,000

5 Beds
4 Baths
2,124 Sq Ft
$190/Sq Ft Est. Value

Last Sold October 14, 2021

Current estimated payment $2,774/month

35 Days on Market

Highlights

  • 6 Car Attached Garage
  • Central Heating and Cooling System
  • Wood Burning Fireplace
  • Denton High School Rated A-
  • High Speed Internet

About This Home

As of October 2021

Great rental property only .7 miles to TWU and a 4 min. drive to UNT under 1.5 miles. This is a 3 bed 2 bath very spacious home with 2 large living areas. Plus it has 2 studio apartments. Whether you are looking for a primary residence with supplemental rental income or looking for an investment property this is it! Current tenants in the main house have been there for 3 years paying $1500 a month without a rent raise. Lease is up and currently month to month but they would like to stay. Rental comps are $1800+. The studio units are $700 each and both are a year lease. The studio rent could also be higher. The top studio is 3 years old and the bottom is 1 year old. It is on a huge lot with lots of trees.

Last Agent to Sell the Property

Sherry Patterson

Aspire Investments LLC License #0663367 Listed on: 07/27/2021

Last Buyer's Agent

Elle Kogler

Coldwell Banker Realty License #0765525

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,143

Year Built

  • Built in 1949

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 64x204
  • Few Trees

Parking

  • 6 Car Attached Garage

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Siding

Interior Spaces

  • 2,124 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Schools

  • Newtonrayzor Elementary School
  • Calhoun Middle School
  • Denton High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Municipal Utilities District
  • High Speed Internet
  • Cable TV Available

Community Details

  • 3 Units
  • 2,124 Sq Ft Building
  • Carroll Park Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 / 17
  • Assessor Parcel Number R25352
  • $5,826 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,143

Year Built

Built in 1949

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: Yes
  • Net Operation Income: 23500
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 178.43691
  • Special Features: None
  • Year Built: 1949

Interior Features

  • Square Footage: 2124.00
  • Fireplace Features: Wood Burning
  • Interior Amenities: Cable TV Available, High Speed Internet Available, Other
  • Appliances: Dishwasher, Disposal, Electric Oven, Gas Cooktop, Refrigerator
  • Fireplaces: 1

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 5

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Roof: Composition
  • Construction Materials: Siding

Garage/Parking

  • Cooling System: Central Air, Electric
  • Number Of Parking Spaces: 6
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

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

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Denton ISD
  • Elementary School: Newtonrayzor
  • Middle School: Calhoun
  • High School: Denton
  • School District: Denton ISD
  • Elementary School: Newtonrayzor
  • High School: Denton

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Few Trees
  • Lot Size Units: Acres
  • Lot Size Area: 0.3000
  • Lot Size: 64x204
  • Parcel Number: R25352
  • Lot Size Acres: 0.3000
  • Lot Size Sq Ft: 13068.0000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1949
  • Units Total: 3

Multi Family

  • Gross Annual Expenses: 5800.00
  • Gross Annual Income: 34800.00
  • Insurance Expense: 5500
  • Unit Count: 2

Tax Info

  • Unexempt Taxes: 5826
  • TaxBlock: 17
  • Tax Lot: 3

MLS Schools

  • MiddleOrJuniorSchool: Calhoun
  • Middle School Name: Calhoun
  • Elementary School Name: Newtonrayzor
  • High School Name: Denton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2022
Sold by
Sebastian Gonzales Iii
Bought by
Eagle-Man Properties Llc
Current Estimated Value
$397,988

Purchase Details

Listed on
Jul 27, 2021
Closed on
Oct 13, 2021
Sold by
Sm Patterson Investments Llc
Bought by
Gonzales Sebastian and Christensen Alexandra
Seller's Agent
Sherry Patterson
Aspire Investments LLC
Buyer's Agent
Elle Kogler
Coldwell Banker Realty
List Price
$399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.17%
Original Mortgage
$284,250
Interest Rate
3.01%
Mortgage Type
Stand Alone First

Purchase Details

Listed on
Jul 27, 2021
Closed on
Sep 28, 2021
Sold by
Quest Ira Inc
Bought by
Sm Patterson Investments Llc
Seller's Agent
Sherry Patterson
Aspire Investments LLC
Buyer's Agent
Elle Kogler
Coldwell Banker Realty
List Price
$399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,250
Interest Rate
3.01%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 12, 2019
Sold by
Quest Trust Company
Bought by
Sm Patterson Investments Llc 82 5056746

Purchase Details

Listed on
Nov 10, 2017
Closed on
Jan 4, 2018
Sold by
Schaab Ian R and Schaab Jane K
Bought by
Quest Ira Inc and Mickey Patterson Ira 1408011
Seller's Agent
RICHARD MERCER
Top 10 Realty
Buyer's Agent
Kiel Lindsey
eXp Realty, LLC
List Price
$194,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.79%
Original Mortgage
$122,550
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2015
Sold by
Pino Kelly
Bought by
Schaab Ian R and Schaab Jane K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,510
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2008
Sold by
Saenger Glenda Jean
Bought by
Pino Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,200
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
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
Eagle-Man Properties Llc -- None Listed On Document
Gonzales Sebastian -- Texas Secure Title Company
Sm Patterson Investments Llc -- Texas Secure Title Company
Sm Patterson Investments Llc -- Texas Secure Title Company
Sm Patterson Investments Llc 82 5056746 -- None Available
Quest Ira Inc -- None Available
Schaab Ian R -- Attorney
Pino Kelly -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonzales Sebastian $284,250
Previous Owner Sm Patterson Investments Llc $284,250
Previous Owner Quest Ira Inc $122,550
Previous Owner Schaab Ian R $147,510
Previous Owner Pino Kelly $88,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2021 10/14/21 Sold -- -- --
08/31/2021 08/31/21 Pending -- -- --
08/12/2021 08/12/21 Price Changed $379,000 -5.0% $178 / Sq Ft
07/27/2021 07/27/21 For Sale $399,000 +104.7% $188 / Sq Ft
01/08/2018 01/08/18 Sold -- -- --
12/05/2017 12/05/17 Pending -- -- --
11/10/2017 11/10/17 For Sale $194,900 -- $101 / 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 $7,143 $350,000 $129,923 $220,077
2024 $7,143 $370,045 $129,923 $240,122
2023 $8,145 $426,583 $129,923 $296,660
2022 $6,306 $297,066 $65,484 $231,582
2021 $5,780 $260,000 $52,640 $207,360
2020 $5,990 $262,068 $52,640 $209,428
2019 $6,469 $271,118 $52,640 $218,478
2018 $4,858 $201,085 $52,640 $148,445
2017 $4,326 $175,000 $52,640 $122,360
2016 $4,179 $169,055 $32,292 $136,763
2015 $2,969 $134,725 $32,292 $102,433
2014 $2,969 $129,269 $48,438 $88,698
2013 -- $117,517 $32,696 $84,821
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14635554

North Texas Real Estate Information Systems (NTREIS)

APN: R25352