NOT LISTED FOR SALE

1302 Ferrell Plains, TX 79355

Estimated Value: $120,000 - $223,000

3 Beds
2 Baths
1,965 Sq Ft
$81/Sq Ft Est. Value

Last Sold February 25, 2022

Current estimated payment $930/month

189 Days on Market

Highlights

  • Ranch Style House
  • Corner Lot
  • Covered Patio or Porch
  • Wood Flooring
  • No HOA
  • Fenced Yard

About This Home

As of February 2022

Spacious Home on a Spacious Corner Lot! Numerous possibilities with this 3 bedroom, 2 bath home located on an oversized corner lot near Plains ISD schools. Add your personal touches to this home that offers 2 living areas, central heat & AC, attached double carport and take advantage of the larger lot to build a shop or park your RV or boat. Call to see it today!

Last Agent to Sell the Property

Todd Paxton

Paxton Real Estate License #0291054 Listed on: 07/30/2021

Last Buyer's Agent

Todd Paxton

Paxton Real Estate License #0291054 Listed on: 07/30/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $750

Lot Details

  • 0.38 Acre Lot
  • Fenced Yard
  • Landscaped
  • Corner Lot

Home Design

  • Ranch Style House
  • Fixer Upper
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding
  • Asbestos
  • Masonite

Interior Spaces

  • 1,965 Sq Ft Home
  • Bookcases
  • Ceiling Fan
  • Family Room
  • Living Room
  • Utility Room
  • Storm Doors

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • Garage
  • 2 Carport Spaces
  • Side Facing Garage

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number R3113

Home Details

Home Type

Single Family

Est. Annual Taxes

$750

Lot Details

0

Listing Details

  • Property Type: Residential
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Laundry Room
  • ResoLotFeatures: Corner Lot, Landscaped
  • Road Surface Type: Paved
  • Equipment: None
  • ResoSpecialListingConditions: Real Estate Owned
  • Above Grade Finished Sq Ft: 1965.0
  • Style: Ranch
  • Carport Y N: Yes
  • Reso Flooring: Carpet, Hardwood, Vinyl
  • Garage Yn: No
  • Reso Interior Features: Bookcases, Breakfast Bar, Ceiling Fan(s), Formica Counters
  • New Construction: No
  • Reso Property Condition: Fixer
  • ResoWindowFeatures: Storm Window(s)
  • Legal Description: NE/4 of Block 136, Original Town
  • Room Type: Family Room
  • Location Tax and Legal Elementary School: Plains
  • Location Tax and Legal Middle Or Junior School2: Plains
  • Location Tax and Legal High School: Plains
  • Location Tax and Legal Parcel Number2: R3113
  • General Property Information Above Grade Finished Area: 1965.0
  • General Property Information Lot Size Acres: 0.3825
  • General Property Information Lot Size Square Feet2: 16663.0
  • General Property Information Carport Spaces2: 2.0
  • General Property Information Carport YN: Yes
  • General Property Information Basement YN: No
  • General Property Information:Stories Total: 1
  • Location Tax and Legal:Tax Annual Amount: 1216.0
  • General Property Information Accessibility Features YN2: No
  • General Property Information Fireplace YN: No
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Fencing Fenced: Yes
  • Foundation Details PillarPostPier: Yes
  • Flooring:Hardwood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Laundry Room: Yes
  • Roof:Composition: Yes
  • Room Types Family Room2: Yes
  • Room Types Living Room2: Yes
  • Flooring:Vinyl: Yes
  • Room Types Utility Room: Yes
  • Property Condition:Fixer: Yes
  • Architectural Style Ranch: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Electric Cooktop
  • Basement: No
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Total Bedrooms: 8
  • Appliances Dishwasher: Yes
  • Interior Features:Bookcases: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Breakfast Bar: Yes
  • Room Types Primary Bathroom: Yes
  • Appliances:Cooktop: Yes
  • Appliances:Electric Cooktop: Yes
  • Interior Features Formica Counters4: Yes

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Acres: 0.38
  • Construction Type: Asbestos, Masonite, Wood Siding
  • Foundation: Pillar/Post/Pier
  • Patio And Porch Features: Covered, Patio
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Landscaped: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Masonite: Yes
  • Lot Features:Corner Lot: Yes
  • Door Features:Storm Door(s): Yes
  • Construction Materials:Asbestos: Yes
  • Window Features:Storm Window(s): Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport, Garage Faces Side
  • General Property Information:Garage YN: No
  • Parking Features:Garage Faces Side: Yes
  • Parking Features:Carport: Yes

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Natural Gas
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Natural Gas: Yes
  • HeatingCooling:Electric: Yes

Condo/Co-op/Association

  • HOA: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Plains
  • Middle Or Junior School: Plains

Lot Info

  • Lot Size Sq Ft: 16663.0
  • ResoLotSizeUnits: Acres
  • Parcel #: R3113
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1216.0

MLS Schools

  • Elementary School: Plains

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2021
Closed on
Apr 26, 2022
Sold by
Tall Grass Capital Llc
Bought by
Badillo Reynaldo and Gonzalez Janette
Seller's Agent
Todd Paxton
Paxton Real Estate
Buyer's Agent
Todd Paxton
Paxton Real Estate
List Price
$72,500
Current Estimated Value
$158,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
78.47%
Original Mortgage
$49,430
Outstanding Balance
$46,921
Interest Rate
5%
Mortgage Type
Seller Take Back
Estimated Equity
$111,650

Purchase Details

Listed on
Jul 30, 2021
Closed on
Apr 20, 2022
Sold by
Provide Interests Llc
Bought by
Tall Grass Capital Llc
Seller's Agent
Todd Paxton
Paxton Real Estate
Buyer's Agent
Todd Paxton
Paxton Real Estate
List Price
$72,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,430
Outstanding Balance
$46,921
Interest Rate
5%
Mortgage Type
Seller Take Back
Estimated Equity
$111,650

Purchase Details

Listed on
Jul 30, 2021
Closed on
Feb 28, 2022
Sold by
Ditech Financial Llc
Bought by
Provide Interests Llc
Seller's Agent
Todd Paxton
Paxton Real Estate
Buyer's Agent
Todd Paxton
Paxton Real Estate
List Price
$72,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,430
Outstanding Balance
$46,921
Interest Rate
5%
Mortgage Type
Seller Take Back
Estimated Equity
$111,650
Source: Public Records

Range of Values:

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Average Value
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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
Badillo Reynaldo -- None Listed On Document
Tall Grass Capital Llc -- None Listed On Document
Provide Interests Llc -- Bc Law Firm Pa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Badillo Reynaldo $49,430
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold -- -- --
02/04/2022 02/04/22 Pending -- -- --
01/21/2022 01/21/22 Price Changed $25,000 -23.1% $13 / Sq Ft
12/13/2021 12/13/21 Price Changed $32,500 -27.0% $17 / Sq Ft
11/08/2021 11/08/21 Price Changed $44,500 -19.1% $23 / Sq Ft
10/06/2021 10/06/21 Price Changed $55,000 -11.3% $28 / Sq Ft
08/30/2021 08/30/21 Price Changed $62,000 -14.5% $32 / Sq Ft
07/30/2021 07/30/21 For Sale $72,500 -- $37 / Sq Ft
Source: Lubbock Association 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
2024 $750 $32,729 $2,090 $30,639
2023 $646 $29,776 $2,090 $27,686
2022 $662 $29,776 $2,090 $27,686
2021 $1,291 $47,360 $2,090 $45,270
2020 $1,176 $47,360 $2,090 $45,270
2019 $1,587 $47,360 $2,090 $45,270
2018 $1,307 $46,839 $2,090 $44,749
2017 -- $46,839 $2,090 $44,749
2016 $1,095 $46,839 $2,090 $44,749
2015 -- $46,839 $2,090 $44,749
2014 -- $42,762 $2,090 $40,672
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lubbock Association of REALTORS®

MLS Number: 202108057

Lubbock Association of REALTORS®

APN: 3113