NOT LISTED FOR SALE

120 E Monterey St Denison, TX 75021

Estimated Value: $344,000 - $370,841

8 Beds
4 Baths
1,600 Sq Ft
$223/Sq Ft Est. Value

Last Sold December 08, 2023

Current estimated payment $2,559/month

22 Days on Market

Highlights

  • 0.34 Acre Lot
  • Central Heating and Cooling System
  • High Speed Internet
  • Tile Flooring
  • Ceiling Fan

About This Home

As of December 2023

Calling all investors! This amazing investment opportunity is a 4 Unit Multi-Family building in the heart of growing Denison Tx. Each unit has been recently updated including replaced HVAC units, flooring, fresh paint, and tile work. Each unit is currently rented with the tenants on month to month leases. Each unit is 800 square feet, and 2 bedroom with 1 bath. The property sits on a large over .3 acre lot with ample parking. This property is a great opportunity to add cashflow to your portfolio in a growing market. Take advantage of this opportunity! Reach out to your favorite realtor to submit your offer!

Last Agent to Sell the Property

Spencer McDuffy

Brokerage Phone: 888-519-7431 License #0709706 Listed on: 10/10/2023

Last Buyer's Agent

Nick Premer

Hart of Texas License #0766207

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 0.34 Acre Lot
  • Few Trees

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Driveway
  • Open Parking

Schools

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

Utilities

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

Community Details

  • 4 Units
  • 3,200 Sq Ft Building
  • Dumas J P Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 / 41
  • Assessor Parcel Number 146955
  • $8,641 per year unexempt tax

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 117.18750
  • Attribution Contact: 888-519-7431
  • Special Features: None
  • Year Built: 1950

Interior Features

  • Interior Amenities: Cable TV Available, High Speed Internet Available
  • Flooring: Laminate, Tile
  • Appliances: Electric Oven, Electric Range, Refrigerator

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 8

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Brick

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Carport Spaces: 4
  • Total Covered Spaces: 4
  • Number Of Parking Spaces: 4
  • Parking Features: Driveway, Open
  • GarageYN: No

Utilities

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

Condo/Co-op/Association

  • Complex Name: Unknown
  • Association Type: None

Schools

  • School District: Denison ISD
  • Intermediate School: Mcdaniel

Lot Info

  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Few Trees
  • Lot Size Units: Acres
  • Lot Size Area: 0.3440
  • Parcel Number: 146955
  • Lot Size Acres: 0.3440
  • Lot Size Sq Ft: 14984.6400

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1950
  • Units Total: 4

Tax Info

  • Unexempt Taxes: 8641
  • TaxBlock: 41
  • Tax Lot: 3

Multi Family

  • Tenancy: Month to Month
  • Unit Count: 4

MLS Schools

  • Middle School Name: Henry Scott
  • High School Name: Denison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Jan 12, 2024
Sold by
Russakoff Brooke and Russakoff Andrew
Bought by
Yem Texas A Llc and Yem Texas B Llc
Seller's Agent
Spencer McDuffy
Buyer's Agent
Nick Premer
Hart of Texas
List Price
$375,000
Views
14
Current Estimated Value
$357,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.30%

Purchase Details

Closed on
Jan 21, 2022
Sold by
Tern Property Investments Llc
Bought by
Hd Cashflow Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2020
Sold by
Winger Holdings Llc
Bought by
Nyereyemhuka Norbert and Dube Nkosiyalinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,500
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2020
Sold by
Kr Prop Llc
Bought by
Winger Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2014
Sold by
Wells Fargo Bank Na
Bought by
Runnels Brandon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,775
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2007
Sold by
Mohammed Abdul
Bought by
Wells Fargo Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,450
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2005
Sold by
Block Donna J
Bought by
Shaw Edwin S and Shaw Mary C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yem Texas A Llc -- None Listed On Document
Hd Cashflow Llc -- Newman & Lawler
Nyereyemhuka Norbert -- None Available
Winger Holdings Llc -- None Available
Runnels Brandon -- None Available
Wells Fargo Bank Na $78,000 None Available
Mohammed Abdul -- Grayson County Title
Shaw Edwin S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hd Cashflow Llc $252,000
Previous Owner Nyereyemhuka Norbert $196,500
Previous Owner Winger Holdings Llc $157,000
Previous Owner Runnels Brandon $43,775
Previous Owner Mohammed Abdul $79,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2023 12/08/23 Sold -- -- --
11/02/2023 11/02/23 Pending -- -- --
10/31/2023 10/31/23 For Sale $375,000 0.0% $234 / Sq Ft
10/17/2023 10/17/23 Pending -- -- --
10/10/2023 10/10/23 For Sale $375,000 0.0% $234 / Sq Ft
01/14/2021 01/14/21 Rented $850 0.0% --
12/14/2020 12/14/20 For Rent $850 -- --
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 $8,234 $354,373 $44,250 $310,123
2024 $8,234 $354,416 $44,250 $310,166
2023 $8,240 $363,684 $44,100 $319,584
2022 $7,466 $314,229 $40,500 $273,729
2021 $6,555 $259,921 $22,500 $237,421
2020 $1,827 $69,262 $18,000 $51,262
2019 $1,900 $69,055 $17,100 $51,955
2018 $1,376 $49,604 $12,000 $37,604
2017 $1,125 $40,211 $6,900 $33,311
2016 $1,822 $50,040 $4,800 $45,240
2015 $1,590 $56,271 $4,800 $51,471
2014 $1,590 $56,271 $4,800 $51,471
Source: Public Records

Agents Affiliated with this Home

  • Spencer McDuffy

    Seller's Agent in 2023

    Spencer McDuffy

    (214) 218-9190

    117 in this area

    270 Total Sales

    Spencer McDuffy
    Section Image

  • N

    Buyer's Agent in 2023

    Nick Premer

    Hart of Texas

    (949) 554-3489

    3 in this area

    62 Total Sales

    Nick Premer
    Section Image
  • Princeley Jackai

    Seller's Agent in 2021

    Princeley Jackai

    Angel Ridge Properties

    (214) 714-5676

    3 in this area

    11 Total Sales

    Princeley Jackai
    Section Image
  • Leslie Melson

    Buyer's Agent in 2021

    Leslie Melson

    Jackai Properties

    (903) 819-3780

    7 in this area

    21 Total Sales

    Leslie Melson
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20446886

North Texas Real Estate Information Systems (NTREIS)

APN: 146955

Texas Grayson County Denison 75021

120 E Monterey St, Denison, TX

Not Listed for Sale

MultiFamily

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