NOT LISTED FOR SALE

1401 Truelove St Gainesville, TX 76240

Estimated Value: $137,564 - $174,000

2 Beds
2 Baths
1,059 Sq Ft
$146/Sq Ft Est. Value

Last Sold November 18, 2021

Current estimated payment $998/month

16 Days on Market

Highlights

  • Corner Lot
  • 1-Story Property
  • 2 Car Garage
  • Covered Patio or Porch
  • Central Heating and Cooling System
  • High Speed Internet

About This Home

As of November 2021

2 bedroom 2 bath home in Gainesville, Cooke County, Texas. Great starter home or investment property. This home sits on a spacious corner lot with plenty of room. Large backyard for kids to play or to entertain. Large 2 car garage that can also be used as a shop. With 2 water heaters you don't have to worry about running out of hot water!!

Last Agent to Sell the Property

Mike Morris

Mossy Oak Properties- Cross Timbers Land & Home, LLC License #0654696 Listed on: 09/15/2021

Last Buyer's Agent

Mike Morris

Mossy Oak Properties- Cross Timbers Land & Home, LLC License #0654696 Listed on: 09/15/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,176

Year Built

  • Built in 1940

Lot Details

  • 7,928 Sq Ft Lot
  • Chain Link Fence
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 1,059 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

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

Community Details

  • Perry Ce Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 22678
  • Tax Block 5
  • $1,658 per year unexempt tax

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,176

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structural Style: Single Detached
  • Unit Levels: One
  • Restrictions: No Known Restriction(s)
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 84.98584
  • Special Features: None
  • Year Built: 1940

Interior Features

  • Square Footage: 1059.00
  • Interior Amenities: Cable TV Available, High Speed Internet Available
  • Flooring: Laminate
  • Appliances: Electric Cooktop, Electric Oven
  • Number Of Living Areas: 1
  • Room Count: 7

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Easements: Utilities
  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Fencing: Chain Link
  • Roof: Composition
  • Construction Materials: Wood
  • Exterior Features: Covered Patio/Porch
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Central Air, Electric
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: Garage
  • GarageYN: Yes

Utilities

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

Condo/Co-op/Association

  • Association Type: None

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Corner Lot
  • Lot Size Units: Acres
  • Lot Size Area: 0.1820
  • Parcel Number: 22678
  • Lot Size Acres: 0.1820
  • Lot Size Sq Ft: 7927.9200

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1940

Tax Info

  • Unexempt Taxes: 1658
  • TaxBlock: 5

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2021
Closed on
Nov 19, 2021
Sold by
Alford Ronald L and Alford Krista
Bought by
Rafter G Enterprises Llc
Seller's Agent
Mike Morris
Mossy Oak Properties- Cross Timbers Land & Home, LLC
Buyer's Agent
Mike Morris
Mossy Oak Properties- Cross Timbers Land & Home, LLC
List Price
$115,000
Current Estimated Value
$155,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%
Original Mortgage
$98,000
Interest Rate
2.99%
Mortgage Type
Construction

Purchase Details

Closed on
May 20, 2005
Sold by
Waugh Edward and Bezner Stacie
Bought by
Alford Ronald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,928
Interest Rate
5.92%
Mortgage Type
FHA
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
Rafter G Enterprises Llc -- Hay Legal Group Pllc
Alford Ronald L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Rafter G Enterprises Llc $98,000
Previous Owner Alford Ronald L $61,928
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2021 11/18/21 Sold -- -- --
10/01/2021 10/01/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $115,000 -- $109 / 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 $2,176 $114,809 $29,752 $85,057
2024 $2,176 $114,809 $29,752 $85,057
2023 $2,086 $106,340 $27,047 $79,293
2022 $1,959 $90,000 $24,123 $65,877
2021 $1,658 $75,649 $16,082 $59,567
2020 $1,555 $66,481 $15,351 $51,130
2019 $1,454 $60,150 $15,351 $44,799
2018 $1,320 $48,380 $7,676 $40,704
2017 $1,198 $44,052 $7,676 $36,376
2014 $962 $43,362 $7,676 $35,686
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14671567

North Texas Real Estate Information Systems (NTREIS)

APN: 22678