NOT LISTED FOR SALE

114 N Main St Elgin, TX 78621

-- Bed
-- Bath
11,500 Sq Ft
5,750 Sq Ft Lot

Last Sold December 29, 2020

213 Days on Market

Highlights

  • City View
  • Corner Lot
  • Central Heating and Cooling System
  • Wood Flooring

About This Home

As of December 2020

*HOT INVESTMENT OPPORTUNITY* Certified Texas Historic Structure this building is located on Main St at 2nd St, near boutiques, fitness studios, a coffee shop, a spa, group exercise classes, a wine bar and MORE! The main floor consists of 3 commercial spaces as well as ONE downstairs apartment. Second story consists of 8 apartments of various sizes. 100% occupied and 100% renovated plumbing, electrical, HVAC, etc. Property is well maintained and shows very well. This is an amazing cash flow opportunity!Restrictions: Yes

Last Agent to Sell the Property

Alexis Graham

Rainey Real Estate License #0547462 Listed on: 04/21/2020

Last Buyer's Agent

Valerie Navejas

All City Real Estate Ltd. Co License #0695273

All City Real Estate Ltd. Co

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $35,962

Year Built

  • Built in 1935 | Remodeled

Lot Details

  • 5,750 Sq Ft Lot
  • Corner Lot
  • Level Lot

Parking

  • Alley Access

Home Design

  • Slab Foundation
  • Built-Up Roof

Interior Spaces

  • 11,500 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • City Views

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 5 / 38
  • Assessor Parcel Number R14100
  • 3% Total Tax Rate

Community Details

Overview

  • Elgin City Subdivision
  • Property managed by see agent

Amenities

  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$35,962

Year Built

Built in 1935 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Sub Type: Multi Family
  • Building Area Total: 11500.00
  • Restrictions: City Restrictions
  • Year Built: 1935
  • Acquisition Inclusion: Building & Land
  • Current Use: Historical District, Residential, Retail
  • Directions: From Hwy 290, Go north on Hwy 95 to Right on Main St. Property is at the corner of Main and 2nd St, across street from Dollar General
  • Disclosures: Lead Base Paint Addendum
  • Estimated Taxes: 20501.00
  • ETJ Extra Territorial Jurdn: See Remarks
  • Existing Lease Type: Fixed
  • FEMA Flood Plain: No
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Operating Expense Includes: See Remarks
  • Property Panorama: No
  • Road Surface Type: Curb/Gutter
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None
  • Year Renovated: 2015

Interior Features

  • Laundry Location: None
  • View: City
  • Flooring: Wood
  • Management Company: see agent
  • Accessibility Features: None
  • Property Condition: See Remarks, Updated/Remodeled
  • Security Features: None
  • Spa Features: None
  • Stories: 2

Exterior Features

  • Exterior Features: None
  • Roof: Built-Up
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • Management Co Rep: see agent

Association/Amenities

  • Community Features: None

Lot Info

  • Endangered Species: No
  • Lot Features: Alley Access, Corner Lot, Level
  • Topography: Level
  • Parcel Number: R14100
  • Lot Size Acres: 0.1320
  • Lot Size Sq Ft: 5750.00
  • Subdivision Name: Elgin City

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No

Building Info

  • Construction Materials: See Remarks
  • Number Of Buildings: 1

Multi Family

  • Management Co Phone: (000) 000-0000

Tax Info

  • Tax Block: 38
  • Tax Lot: 5
  • Tax Rate: 2.98162000000000
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2020
Closed on
Dec 29, 2020
Sold by
Tolbert Allan
Bought by
Simrental Llc
Seller's Agent
Alexis Graham
Rainey Real Estate
Buyer's Agent
Valerie Navejas
All City Real Estate Ltd. Co
List Price
$1,300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Outstanding Balance
$779,912
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2015
Sold by
Franden Erik and Franden Erik Anders
Bought by
Tolbert Allan J
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Simrental Llc -- None Listed On Document
Tolbert Allan J -- Itc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simrental Llc $960,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2020 12/29/20 Sold -- -- --
04/21/2020 04/21/20 For Sale $1,300,000 -- $113 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

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 $35,962 $1,655,415 $62,387 $1,593,028
2024 $35,962 $1,500,000 $62,387 $1,437,613
2023 $35,962 $1,450,000 $62,387 $1,387,613
2022 $33,229 $1,300,000 $62,387 $1,237,613
2021 $36,905 $1,128,187 $55,659 $1,072,528
2020 $20,284 $687,576 $55,659 $631,917
2019 $20,501 $687,576 $68,733 $618,843
2018 $20,541 $687,576 $68,733 $618,843
2017 $17,388 $581,030 $68,733 $512,297
2016 $8,684 $290,196 $68,730 $221,466
2015 $12,441 $399,668 $68,730 $330,938
2014 $12,441 $399,668 $68,730 $330,938
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 6861809

Unlock MLS (Austin Board of REALTORS®)

APN: 14100