NOT LISTED FOR SALE

1414 Fairview St Unit 4 Houston, TX 77006

Montrose Neighborhood
-- Bed
-- Bath
2,484 Sq Ft
6,098 Sq Ft Lot

Last Sold April 25, 2024

45 Days on Market

Highlights

  • 6,175 Sq Ft lot
  • Central Heating and Cooling System
  • 2-minute walk to Lamar Park
  • Baker Montessori Rated A-
  • South Facing Home

About This Home

As of April 2024

Income producing property located in the heart of Montrose. Four units, all one bedroom, one bath, and approximately 700sf each with central air/heat. 1414 Fairview is located in a walkable community with easy access to public transportation, shopping, and restaurants. Montrose is a premier community in central Houston near Downtown, The Medical Center, and the Galleria. The 7000 sf lot + provides ample parking for tenants or could be used as a great lot for development.

Last Agent to Sell the Property

Yvonne Bonner-Holley

Keller Williams Realty Metropolitan License #0489583 Listed on: 01/24/2024

Keller Williams Realty Metropolitan

Last Buyer's Agent

Nonmls

Houston Association of REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,064

Year Built

  • Built in 1930

Lot Details

  • 6,175 Sq Ft Lot
  • South Facing Home

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 2,484 Sq Ft Home
  • 2-Story Property
  • Disposal

Schools

  • Baker Montessori Elementary School
  • Lanier Middle School
  • Lamar High School

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • 4 Units
  • Hyde Park Subdivision

Building Details

  • Operating Expense $22,855
  • Gross Income $43,500
  • Net Operating Income $22,455

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,064

Year Built

Built in 1930

Lot Details

6,175 Sq Ft Lot

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1930
  • Subdivision Name: Hyde Park
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • New Construction: No
  • Property Sub Type Additional: Quadruplex
  • UniversalParcelId: urn:reso:upi:2.0:US:48201:018-019-000-0003
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Disposal, Refrigerator
  • Living Area: 2484.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Seller Disclosure
  • Roof: Composition
  • Direction Faces: South

Utilities

  • Utilities: Electricity Available, Water Available
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Schools

  • Elementary School: BAKER MONTESSORI SCHOOL
  • Junior High Dist: 27 - Houston
  • High School: LAMAR HIGH SCHOOL (HOUSTON)
  • Middle Or Junior School: LANIER MIDDLE SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 14064.0

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 43500.0
  • Property Net Operating Income: 22455.0
  • Annual Operating Expense: 22855.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2024 04/25/24 Sold -- -- --
03/10/2024 03/10/24 Pending -- -- --
02/23/2024 02/23/24 Price Changed $635,000 -15.3% $256 / Sq Ft
01/24/2024 01/24/24 For Sale $750,000 -- $302 / Sq Ft
Source: Houston Association of REALTORS®

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 $14,955 $726,492 $648,375 $78,117
2024 $14,955 $714,764 $648,375 $66,389
2023 $14,955 $698,042 $648,375 $49,667
2022 $13,437 $610,238 $555,750 $54,488
2021 $14,265 $612,059 $555,750 $56,309
2020 $14,722 $607,962 $555,750 $52,212
2019 $12,568 $496,680 $463,125 $33,555
2018 $11,571 $457,278 $401,375 $55,903
2017 $11,543 $435,000 $401,375 $33,625
2016 $11,559 $435,608 $401,375 $34,233
2015 $10,296 $433,909 $401,375 $32,534
2014 $10,296 $400,538 $370,500 $30,038
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 63651562

Houston Association of REALTORS®
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