NOT LISTED FOR SALE

1205 Chestnut St Commerce, TX 75428

Estimated Value: $181,000 - $208,000

2 Beds
2 Baths
1,165 Sq Ft
$165/Sq Ft Est. Value

Last Sold March 05, 2024

Current estimated payment $1,145/month

5 Days on Market

About This Home

As of March 2024

Duplex in Commerce, not far from campus. Two 1-1 units. Tenant in B under lease through August 2024. Needs work. Sold AS IS.

Last Agent to Sell the Property

Kathleen Hunnicutt

AT Home Texas Real Estate Brokerage Phone: 903-455-6614 License #0604197 Listed on: 02/21/2024

Last Buyer's Agent

Rosio Bucio

WILLIAM DAVIS REALTY License #0797903

WILLIAM DAVIS REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 5,227

Home Design

  • Duplex
  • Block Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Built-In Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Schools

  • Commerce Elementary And Middle School
  • Commerce High School

Utilities

  • Window Unit Cooling System
  • Gas Jet Heater
  • Individual Gas Meter
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • 5,227 Sq Ft Lot

Community Details

  • 2 Units
  • 1,165 Sq Ft Building
  • Orig Town Of Commerce Subdivision

Listing and Financial Details

  • Legal Lot and Block 1B / 36A
  • Assessor Parcel Number 54599
  • $2,020 per year unexempt tax

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

5,227 Sq Ft Lot

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: 8475
  • Notice Surveillance Devices Pres: None
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Ratio Current Price By Building: 72.96137
  • Attribution Contact: 903-455-6614
  • Special Features: None
  • Year Built: 1968

Interior Features

  • Interior Amenities: Cable TV Available
  • Flooring: None
  • Appliances: Built-in Gas Range

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Pool: No
  • Foundation: Block
  • Fencing: None
  • Roof: Composition
  • Construction Materials: Wood
  • Exterior Features: Covered Patio/Porch
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Window Unit(s)
  • Number Of Parking Spaces: 2
  • Parking Features: Driveway
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • Heating: Gas Jets
  • Utilities: Asphalt, Cable Available, City Sewer, City Water, Individual Gas Meter, Individual Water Meter

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Commerce ISD
  • Elementary School: Commerce

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.1200
  • Parcel Number: 54599
  • Lot Size Acres: 0.1200
  • Lot Size Sq Ft: 5227.2000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1968
  • Units Total: 2

Multi Family

  • Gross Annual Expenses: 4549.96
  • Gross Annual Income: 13025.00
  • Insurance Expense: 878
  • Unit Count: 1

Tax Info

  • Unexempt Taxes: 2020
  • TaxBlock: 36A
  • Tax Lot: 1B

MLS Schools

  • Middle School Name: Commerce
  • Elementary School Name: Commerce
  • High School Name: Commerce

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
Mar 7, 2024
Sold by
Salt Spring Properties Llc
Bought by
Paramo Santiago Gutierrez
Seller's Agent
Kathleen Hunnicutt
AT Home Texas Real Estate
Buyer's Agent
Rosio Bucio
WILLIAM DAVIS REALTY
List Price
$99,500
Views
9
Current Estimated Value
$192,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.17%
Original Mortgage
$108,500
Interest Rate
6.69%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 22, 2018
Sold by
15 Farm Real Estate Llc
Bought by
Salt Spring Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,500
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Paramo Santiago Gutierrez -- None Listed On Document
Salt Spring Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Paramo Santiago Gutierrez $108,500
Previous Owner Salt Spring Properties Llc $38,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2024 03/05/24 Sold -- -- --
02/27/2024 02/27/24 Pending -- -- --
02/21/2024 02/21/24 For Sale $99,500 -- $85 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

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 $1,862 $72,410 $17,880 $54,530
2024 $1,862 $72,220 $17,930 $54,290
2023 $1,862 $78,000 $17,880 $60,120
2022 $2,268 $81,520 $12,440 $69,080
2021 $2,143 $74,120 $7,530 $66,590
2020 $1,729 $57,590 $7,530 $50,060
2019 $1,584 $51,000 $7,210 $43,790
2018 $1,001 $31,940 $3,170 $28,770
2017 $997 $31,980 $3,170 $28,810
2016 $963 $30,880 $3,170 $27,710
2015 $901 $32,260 $3,880 $28,380
2014 $901 $28,000 $3,880 $24,120
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20540941

North Texas Real Estate Information Systems (NTREIS)

APN: 54599

Your Personal Tour Guide

Ask me questions while you tour the home.