Price Undisclosed
SOLD SEP 4, 2024 RENTED DEC 8, 2024

1320 W Oakwood St Tyler, TX 75702

6 Beds
3 Baths
2,260 Sq Ft
0.43 Acres

Recently Sold

$131 Per Sq Ft

137 Days on Market

Highlights

  • Wood Flooring
  • Double Pane Windows
  • Space Heater
  • Covered patio or porch
  • Ceiling Fan
  • Wood Fence

About This Home

As of September 2024

Tri-Plex. 6 Bedrooms and 3 Baths. Three units on 4/10 acre lot with room for possible 3-5 more units. Zoned "R MF" Multi-Family Residential - 3 or more units per lot - Max allowed number of units is 24 per acre. 3 bedroom brick house Plus 2 bedroom two story apt Plus 1 bedroom efficiency apt Smith County Appraisal Shows 1446 sq ft. According to owner current sq ft is 2260 including all three buildings. 3 bedroom Brick unit - 1074 sq ft. Garage apt (2 story) - 863 sq ft. Efficiency 1 Br Freestanding Building - 323 sq ft. Appraisal District shows build date as 1934 for front building and 1948 for garage apt. Efficiency apartment was built later and is not shown on SCAD. Three bedroom brick house has just undergone a metamorphosis: Recent Updates: New gas and sewer lines Electrical Updated New Vinyl Double Pane Low-E Windows & sliding patio door Drywall removed and insulation added to walls and ceilings New drywall installed walls and ceilings and totally painted Original Oak Floors sanded, restained and sealed Kitchen remodeled with new flooring, new cabinets, new plumbing, new oversize sink and new countertops. Bathroom remodeled with new floor, new bathtub, new cabinets, etc. Painted inside and out. New Stockade Fence for privacy 3 bedroom house is rented for $1,350.00 mo Garage Apt 2 bedroom is leased $925.00 Efficiency 1 bedroom is leased at $695.00. Total Gross Rents: $2.970.00 monthly $35,640.00 annual gross rents Lot is Zoned R MF Multi-Family Residential - 3 or more units on lot - Max 24 units per acre.

Last Agent to Sell the Property

John Smith

Miller Homes Group License #0639383 Listed on: 04/20/2024

Last Buyer's Agent

Lisa Rohus

Ebby Halliday, REALTORS® - Tyler License #0635507

Ebby Halliday, REALTORS® - Tyler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,532

Year Built

  • Built in 1934

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 234' x 84' x 222' x 82'
  • Wood Fence
  • Chain Link Fence

Parking

  • Over 1 Space Per Unit

Home Design

  • Triplex
  • Brick Exterior Construction
  • Combination Foundation
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Pier And Beam

Interior Spaces

  • 2,260 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Decorative Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Electric Oven or Range

Flooring

  • Wood
  • Vinyl Plank
  • Vinyl

Outdoor Features

  • Covered patio or porch

Schools

  • Ramey Elementary School
  • Boulter Middle School
  • Tyler High School

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Cable TV Available

Community Details

  • 3 Units
  • J P Patterson Subdivision

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,532

Year Built

Built in 1934

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 1320 W Oakwood
  • Second Address Number: 1320
  • ForecloseBankOwnedYN: No
  • LakeCommunity: No
  • Unit Levels: 1 Story, 2 Stories
  • PrimaryType: Triplex
  • PublicRemarksAmenities: Tri-Plex. 6 Bedrooms and 3 Baths. Three units on 4/10 acre lot with room for possible 3-5 more units. Zoned "R MF" Multi-Family Residential - 3 or more units per lot - Max allowed number of units is 24 per acre. 3 bedroom brick house Plus 2 bedroom two story apt Plus 1 bedroom efficiency apt Smith County Appraisal Shows 1446 sq ft. According to owner current sq ft is 2260 including all three buildings. 3 bedroom Brick unit - 1074 sq ft. Garage apt (2 story) - 863 sq ft. Efficiency 1 Br Freestanding Building - 323 sq ft. Appraisal District shows build date as 1934 for front building and 1948 for garage apt. Efficiency apartment was built later and is not shown on SCAD. Three bedroom brick house has just undergone a metamorphosis: Recent Updates: New gas and sewer lines Electrical Updated New Vinyl Double Pane Low-E Windows & sliding patio door Drywall removed and insulation added to walls and ceilings New drywall installed walls and ceilings and totally painted Original Oak Floors sanded, restained and sealed Kitchen remodeled with new flooring, new cabinets, new plumbing, new oversize sink and new countertops. Bathroom remodeled with new floor, new bathtub, new cabinets, etc. Painted inside and out. New Stockade Fence for privacy 3 bedroom house is rented for $1,350.00 mo Garage Apt 2 bedroom is leased $925.00 Efficiency 1 bedroom is leased at $695.00. Total Gross Rents: $2.970.00 monthly $35,640.00 annual gross rents Lot is Zoned R MF Multi-Family Residential - 3 or more units on lot - Max 24 units per acre.
  • OFFICELIST_STATE: TX
  • Subdivision Name: J P Patterson
  • Under Construction: No
  • Water Company: City of Tyler
  • YearOfConstruction: 1934
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1934

Interior Features

  • Energy Efficiency: Double Pane Windows, Low E Windows
  • Fireplace: Decorative/Mock
  • Flooring: Wood, Vinyl, Vinyl Plank
  • Interior Amenities: Ceiling Fan, Cable TV
  • Kitchen Equipment: Range/Oven-Electric
  • Source of Sq Ft: Owner

Exterior Features

  • Exterior Construction: Brick Veneer, Wood Based Siding
  • Fencing: Chain Link Fence, Wood Fence
  • Exterior: Patio Covered, Porch
  • Foundation: Slab, Pier and Beam, Combination
  • Roof: Composition
  • Waterfront: No
  • Water View: No

Garage/Parking

  • Driveway: Paved
  • PARKING24FAMILY: 1 Or More Per Unit

Utilities

  • Cooling: Window Unit(s)
  • Heating: Space Heat
  • Sewer: Public Sewer
  • Hot Water: Public

Condo/Co-op/Association

  • Number of Units: 3

Fee Information

  • Tax Class: MULTI-FAMILY
  • Taxes: 2532.16

Schools

  • Elementary School: Ramey
  • Middle School: Boulter
  • High School: Tyler High
  • Elementary School: Ramey
  • High School: Tyler High
  • Middle School: Boulter

Lot Info

  • Estimated Lot Dimensions: 234' x 84' x 222' x 82'
  • Total Acres: 0.43
  • Zoning: Multi Fam Dwelling 2 ½ St

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Year: 2023

Multi Family

  • Owners Expenses: Taxes, Insurance, Maintenance Repairs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2024
Closed on
Sep 5, 2024
Sold by
3333 Holdings Llc
Bought by
Morris Charles Greg
Seller's Agent
John Smith
Miller Homes Group
Buyer's Agent
Lisa Rohus
Ebby Halliday, REALTORS® - Tyler
List Price
$296,000
Views
141
Current Estimated Value
$222,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.30%
Original Mortgage
$177,975
Outstanding Balance
$176,720
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$51,580

Purchase Details

Closed on
May 23, 2024
Sold by
Valuepoint Homes
Bought by
Ramirez Luisa Pamela Medin and Enriquez Luis Alberto

Purchase Details

Closed on
Nov 21, 2018
Sold by
Sepulveda Sergio
Bought by
J333 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
$96,500
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 2017
Sold by
Renteria Rufino and Garcia Elena
Bought by
Sepulveda Sergio

Purchase Details

Closed on
Sep 25, 2007
Sold by
Mackey Scott A and Mackey Mary A
Bought by
Valuepoint Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Vendors Lien -- Chicago Title
Gift Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $177,975 New Conventional
Previous Owner $30,000 New Conventional
Previous Owner $127,500 Construction
Previous Owner $25,000 Commercial
Previous Owner $96,500 Purchase Money Mortgage
Previous Owner $64,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2024 12/08/24 Rented $925 0.0% --
12/07/2024 12/07/24 Under Contract -- -- --
11/26/2024 11/26/24 For Rent $925 -31.5% --
10/31/2024 10/31/24 Off Market $1,350 -- --
10/23/2024 10/23/24 For Rent $1,350 0.0% --
09/05/2024 09/05/24 Pending -- -- --
09/04/2024 09/04/24 Sold -- -- --
07/28/2024 07/28/24 Price Changed $235,000 -6.0% $104 / Sq Ft
06/07/2024 06/07/24 Price Changed $250,000 -9.1% $111 / Sq Ft
05/07/2024 05/07/24 Price Changed $275,000 -7.1% $122 / Sq Ft
04/20/2024 04/20/24 For Sale $296,000 -- $131 / Sq Ft
Source: Greater Tyler 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 $3,039 $174,313 $23,620 $188,344
2023 $2,532 $145,261 $23,620 $121,641
2022 $2,100 $107,168 $11,810 $95,358
2021 $1,772 $84,457 $11,810 $72,647
2020 $1,669 $77,983 $11,810 $66,173
2019 $1,639 $74,969 $11,810 $63,159
2018 $1,006 $46,239 $11,810 $34,429
2017 $987 $46,239 $11,810 $34,429
2016 $987 $46,239 $11,810 $34,429
2015 $964 $46,239 $11,810 $34,429
2014 $964 $45,363 $11,810 $33,553
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Tyler Association of REALTORS®

MLS Number: 24005464

Greater Tyler Association of REALTORS®

APN: 1-50000-0359-01-001000