NOT LISTED FOR SALE

1401 Cherry St Gainesville, TX 76240

Estimated Value: $196,000 - $241,000

1 Bed
1 Bath
500 Sq Ft
$428/Sq Ft Est. Value

Last Sold September 23, 2021

Current estimated payment $1,379/month

Highlights

  • New Construction
  • 1-Story Property
  • Central Heating and Cooling System
  • Corner Lot

About This Home

As of September 2022

This is an added space to the primary house, offers own entrance for privacy. 1 bedroom, 1 bath, living room, and kitchen with appliances. All bills are included in monthly fee except internet. Can use drive way for 2 small vehicles or 1 big vehicle. access to yard, but no fence. Entrance to this apartment is to the right side of the primary home. Schedule your appointment now. Use TAR Application and email listing agent.

Last Agent to Rent the Property

Sonia Ortega

Ready Real Estate LLC License #0736173 Listed on: 08/05/2022

Ready Real Estate LLC

Last Renter's Agent

Non-NTREIS MLS Licensee

NON MLS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 7,536 Sq Ft Lot
  • Corner Lot
  • Few Trees

Home Design

  • Apartment

Interior Spaces

  • 500 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Driveway
  • Additional Parking

Schools

  • Edison Elementary School
  • Gainesvill Middle School
  • Gainesvill High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $600
  • Tenant pays for cable TV
  • $42 Application Fee
  • Legal Lot and Block 1 / 124
  • Assessor Parcel Number 18462

Community Details

Overview

  • Gainesville Add Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 2022 | New Construction

Lot Details

0

Rental Info

  • PetsAllowed: Yes
  • Deposit Amount: 600
  • Lease Conditions: Application Fee, Credit Report, Prior Residence Info., References Required, Written Application (+)
  • Lease Type: Yearly, 1 Year Plus
  • Tenant Pays: Cable TV
  • Application Fee: 42

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Structural Style: Apartment
  • Unit Levels: One
  • Restrictions: Animals, No Pets, No Smoking, No Sublease, No Waterbeds, Pet Restrictions
  • Year Built Details: New Construction - Complete
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • App Fee Plus18 Yrs Y N: Yes
  • Special Features: NewHome
  • Year Built: 2022

Interior Features

  • Square Footage: 500.00
  • Appliances: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Basement YN: No
  • Number Of Living Areas: 1
  • Room Count: 2
  • Appliances: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Pool: No
  • Construction Materials: Fiber Cement

Garage/Parking

  • Cooling System: Central Air, Electric
  • Parking Features: Additional Parking, Driveway
  • GarageYN: No

Utilities

  • Heating: Central, Electric
  • Utilities: City Sewer, City Water, Concrete, Electricity Available

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Gainesville ISD
  • Junior High School: Gainesvill

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Features: Corner Lot, Few Trees
  • Lot Size Units: Acres
  • Lot Size Area: 0.1730
  • Parcel Number: 18462
  • Lot Size Acres: 0.1730
  • Lot Size Sq Ft: 7535.8800

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2022

Tax Info

  • TaxBlock: 124
  • Tax Lot: 1

MLS Schools

  • Elementary School Name: Edison
  • High School Name: Gainesvill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Sep 23, 2021
Sold by
Karl Klement Properties Inc
Bought by
Riofrio Isauro Enrique Negr
Seller's Agent
Don Hobbs
Prime Properties
Buyer's Agent
Sonia Ortega
Ready Real Estate LLC
List Price
$145,000
Current Estimated Value
$214,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%
Original Mortgage
$155,685
Outstanding Balance
$141,353
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$72,671
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Riofrio Isauro Enrique Negr -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riofrio Isauro Enrique Negr $155,685
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/02/2022 09/02/22 Rented $985 0.0% --
08/31/2022 08/31/22 Price Changed $985 -99.9% $2 / Sq Ft
08/31/2022 08/31/22 Price Changed $985,000 +89445.5% $1,970 / Sq Ft
08/29/2022 08/29/22 For Rent $1,100 0.0% --
08/25/2022 08/25/22 Under Contract -- -- --
08/05/2022 08/05/22 For Rent $1,100 0.0% --
09/23/2021 09/23/21 Sold -- -- -- View Prior Sale
06/23/2021 06/23/21 Price Changed $160,000 +10.3% $132 / Sq Ft
06/16/2021 06/16/21 For Sale $145,000 -- $120 / 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 $3,175 $233,385 $31,559 $201,826
2024 $3,175 $230,000 $31,559 $198,441
2023 $3,796 $193,482 $28,690 $200,769
2022 $3,829 $175,893 $25,588 $150,305
2021 $3,201 $124,317 $17,059 $107,258
2020 $2,800 $105,422 $16,283 $89,139
2018 $2,001 $73,325 $8,142 $65,183
2017 $1,910 $70,267 $8,142 $62,125
2015 $1,863 $70,331 $8,142 $62,189
2014 $1,863 $70,007 $8,142 $61,865
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20134173

North Texas Real Estate Information Systems (NTREIS)

APN: 18462