NOT LISTED FOR SALE

Estimated Value: $312,000 - $355,000

4 Beds
2 Baths
1,932 Sq Ft
$170/Sq Ft Est. Value

Last Sold January 18, 2018

Current estimated payment $2,362/month

36 Days on Market

Highlights

  • Interior Lot
  • 1-Story Property
  • Wood Fence
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of January 2018

Well taken care of duplex. Each unit is 2 bedrooms, 1 bath. Unit 1203 is leased at $875.00 per month and lease expires on January 31, 2018. Unit 1205 is leased at $1000.00 per month and lease expires February 28, 2018. Owner pays water, Tenant pays electricity.

Last Agent to Sell the Property

David Fesperman

Quantum Merit Realty License #0519283 Listed on: 11/02/2017

Last Buyer's Agent

Rhonda Wilson

Universal Realty, Inc License #0641460

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,927

Year Built

  • Built in 1980

Lot Details

  • 8,494 Sq Ft Lot
  • Wood Fence
  • Interior Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Siding

Interior Spaces

  • 1,932 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Ceramic Tile Flooring

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Open Parking
  • Assigned Parking

Schools

  • Foster Elementary School
  • Gunn Middle School
  • Bowie High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 1,932 Sq Ft Building
  • Great Western Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 15 / 1
  • Assessor Parcel Number 01096044
  • $2,578 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,927

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 16365
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Ratio Current Price By Building: 102.48447
  • Special Features: None
  • Year Built: 1980

Interior Features

  • Square Footage: 1932.00
  • Windows: Window Coverings
  • Interior Amenities: Cable TV Available
  • Flooring: Ceramic Tile
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Refrigerator

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

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

Garage/Parking

  • Cooling System: Central Air, Electric
  • Number Of Parking Spaces: 4
  • Parking Features: Assigned, Open
  • OpenParkingYN: Yes
  • GarageYN: No

Utilities

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

Condo/Co-op/Association

  • Complex Name: 1203-1205 Wakefield
  • Association Type: None

Schools

  • School District: Arlington ISD
  • Elementary School: Foster
  • High School: Bowie
  • School District: Arlington ISD
  • Elementary School: Foster
  • Junior High School: Gunn
  • High School: Bowie

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Interior Lot
  • Lot Size Units: Acres
  • Lot Size Area: 0.1950
  • Parcel Number: 01096044
  • Lot Size Acres: 0.1950
  • Lot Size Sq Ft: 8494.2000

Building Info

  • Year Built: 1980
  • Units Total: 2

Multi Family

  • Gross Annual Expenses: 4335.00
  • Gross Annual Income: 22500.00
  • Insurance Expense: 1200
  • Tenancy: 9 Months or Less, No Smoking, No Sublease, No Waterbeds, Over 9 Months
  • Unit Count: 2

Tax Info

  • Unexempt Taxes: 2578
  • TaxBlock: 1
  • Tax Lot: 15

MLS Schools

  • MiddleOrJuniorSchool: Gunn
  • Elementary School Name: Foster
  • High School Name: Bowie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2017
Closed on
Jan 18, 2018
Sold by
Ballanki Narasimham and Venkumahanti Apama Davi
Bought by
Quintero Elvia
Seller's Agent
David Fesperman
Quantum Merit Realty
Buyer's Agent
Rhonda Wilson
Universal Realty, Inc
List Price
$199,000
Current Estimated Value
$328,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%
Original Mortgage
$194,413
Outstanding Balance
$164,534
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$163,732

Purchase Details

Closed on
May 30, 2008
Sold by
Towns James Lee
Bought by
Martinez Enrique and Martinez Margarita
Source: Public Records

Range of Values:

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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
Quintero Elvia -- Providence Title Co
Martinez Enrique -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quintero Elvia $194,413
Previous Owner -- $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2018 01/18/18 Sold -- -- --
12/08/2017 12/08/17 Pending -- -- --
11/02/2017 11/02/17 For Sale $199,000 -- $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
2024 $6,927 $316,939 $35,000 $281,939
2023 $6,634 $300,642 $35,000 $265,642
2022 $5,507 $221,438 $35,000 $186,438
2021 $5,753 $221,438 $35,000 $186,438
2020 $4,979 $198,253 $35,000 $163,253
2019 $5,173 $199,114 $35,000 $164,114
2018 $2,858 $110,000 $8,000 $102,000
2017 $2,578 $96,855 $8,000 $88,855
2016 $2,491 $93,609 $8,000 $85,609
2015 $2,514 $95,300 $8,000 $87,300
2014 $2,514 $95,300 $8,000 $87,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 13723260

North Texas Real Estate Information Systems (NTREIS)

APN: 01096044