NOT LISTED FOR SALE

1308 Ridge Run St Cleburne, TX 76033

Estimated Value: $237,920 - $291,000

4 Beds
4 Baths
1,984 Sq Ft
$132/Sq Ft Est. Value

Last Sold August 31, 2021

Current estimated payment $1,752/month

6 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • High Speed Internet
  • 1-Story Property

About This Home

As of August 2021

HIGHEST & BEST AT 5PM - MONDAY AUG 2ND. GREAT INVESTMENT OPPORTUNITY on this fully occupied income producing property!! This wonderful duplex sits on a quiet road away from traffic, ready for its new owners. Each unit mirrors each other with 2 full bedrooms and 2 full bathroom suits. Unit A has been recently updated and Unit B is in really good shape. Tenants are responsible for all utilities. Come and take a look today!

Last Agent to Sell the Property

Lafayette Dennis

Twenty-Two Realty License #0628611 Listed on: 07/28/2021

Last Buyer's Agent

Sabrina Jones

Boot Team Realty License #0737981

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 9,148 Sq Ft Lot

Home Design

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

Interior Spaces

  • 1,984 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Car Garage
  • Carport
  • Front Facing Garage

Schools

  • Marti Elementary School
  • Ad Wheat Middle School
  • Cleburne High School

Utilities

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

Community Details

  • 1,984 Sq Ft Building
  • Ridgecrest Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 2
  • Assessor Parcel Number 126297600350
  • $4,156 per year unexempt tax

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

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: 17364
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 113.40726
  • Special Features: None
  • Year Built: 1984

Interior Features

  • Square Footage: 1984.00
  • Interior Amenities: Cable TV Available, High Speed Internet Available
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Appliances: Dishwasher, Electric Range, Refrigerator, Vented Exhaust Fan

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 4

Exterior Features

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

Garage/Parking

  • Cooling System: Central Air, Electric
  • Number Of Parking Spaces: 2
  • Parking Features: Carport, Covered, Garage Faces Front
  • GarageYN: No

Utilities

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

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Cleburne ISD
  • Elementary School: Marti
  • High School: Cleburne

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Units: Acres
  • Lot Size Area: 0.2100
  • Parcel Number: 126297600350
  • Lot Size Acres: 0.2100
  • Lot Size Sq Ft: 9147.6000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1984
  • Units Total: 2

Multi Family

  • Gross Annual Expenses: 6636.00
  • Gross Annual Income: 24000.00
  • Insurance Expense: 1875
  • Unit Count: 1

Tax Info

  • Unexempt Taxes: 4156
  • TaxBlock: 2
  • Tax Lot: 5

MLS Schools

  • MiddleOrJuniorSchool: Ad Wheat
  • Middle School Name: Ad Wheat
  • Elementary School Name: Marti
  • High School Name: Cleburne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Aug 31, 2021
Sold by
Parker Colton and Parker Evgine
Bought by
Alazcar Malis
Seller's Agent
Lafayette Dennis
Twenty-Two Realty
Buyer's Agent
Sabrina Jones
Boot Team Realty
List Price
$240,000
Current Estimated Value
$261,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.00%
Original Mortgage
$165,000
Outstanding Balance
$149,914
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$112,066

Purchase Details

Closed on
May 13, 2019
Sold by
Kendall Kay L
Bought by
Parker Colton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,840
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 25, 2006
Sold by
Wooldridge Clayton Bradley and Wooldrige Cathy C
Bought by
Kendall Kay L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,050
Interest Rate
6.51%
Mortgage Type
Seller Take Back
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
Alazcar Malis -- Old Republic Title
Parker Colton -- Providence Title Co
Kendall Kay L -- Fatco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alazcar Malis $165,000
Previous Owner Parker Colton $165,840
Previous Owner Kendall Kay L $74,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2021 08/31/21 Sold -- -- --
08/03/2021 08/03/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $240,000 -- $121 / 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
2025 $4,690 $210,332 $47,500 $162,832
2024 $4,690 $210,332 $47,500 $162,832
2023 $5,041 $226,512 $47,500 $179,012
2022 $5,669 $226,512 $47,500 $179,012
2021 $4,259 $163,219 $38,500 $124,719
2020 $4,190 $151,219 $26,500 $124,719
2019 $4,468 $151,219 $26,500 $124,719
2018 $4,470 $151,219 $26,500 $124,719
2017 $4,238 $143,969 $19,250 $124,719
2016 $2,809 $95,434 $12,500 $82,934
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lafayette Dennis

    Twenty-Two Realty

    (817) 269-5124

    1 in this area

    77 Total Sales

    Lafayette Dennis
    Section Image
  • Sabrina Jones

    Buyer's Agent in 2021

    Sabrina Jones

    Boot Team Realty

    (682) 217-8735

    7 in this area

    39 Total Sales

    Sabrina Jones
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14635319

North Texas Real Estate Information Systems (NTREIS)

APN: 126-2976-00350

Texas Johnson County Cleburne 76033

1308 Ridge Run St, Cleburne, TX

Not Listed for Sale

MultiFamily

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