NOT LISTED FOR SALE

1502 N Franklin St Unit s A & B Marshall, TX 75670

Estimated Value: $118,329 - $166,000

-- Bed
-- Bath
1,920 Sq Ft
$73/Sq Ft Est. Value

Last Sold March 03, 2020

Current estimated payment $918/month

133 Days on Market

Highlights

  • Wind Turbine Power
  • Central Heating and Cooling System
  • High Speed Internet
  • Landscaped
  • Combination Kitchen and Dining Room
  • Carpet

About This Home

As of March 2020

Brick duplex with 960 sq ft, 2 BR's, 1 bath each side, parking in the rear accessed from W. Wright St. Both tenants are paying month to month, no leases in force. Tenants pay all utilties and also responsible for yard maintenance. Present rents are $500 for unit A and $475 for unit B.

Last Agent to Sell the Property

MARK MCCLAIN

NON MEMBER License #0232176 Listed on: 09/01/2019

Last Buyer's Agent

CHERIKA JOHNSON, ePRO GRI

Johnson Realty License #0569133

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,877

Year Built

  • Built in 1983

Lot Details

  • Lot Dimensions are 70' x 200'
  • Landscaped

Home Design

  • Gable Roof Shape
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,920 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Fire and Smoke Detector
  • Electric Oven

Flooring

  • Carpet
  • Vinyl

Laundry

  • Laundry in Kitchen
  • Electric Dryer

Parking

  • 2 Parking Spaces
  • Side or Rear Entrance to Parking
  • On-Street Parking

Eco-Friendly Details

  • Wind Turbine Power

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number R000046489

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,877

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Sub Type: Apt B
  • Additional Showing Instructions: 24 Hour Notice to showing. Contact listing agent to arrange.
  • Brokerage License Number: 489026
  • Escrow Amount: 2000
  • Escrow To: Buyer's Choice
  • Foreclosure Bank Owned: No
  • Stories: 1
  • Subdivision: No
  • Supervisor License Number: 251120
  • Taxes Dollars: 2260
  • Foundation Style: Slab
  • Utility Type: Cable Available, Electric, High Speed Internet Avail
  • Current Rent 1: 500
  • Current Rent 2: 475
  • Electric Utility Company: AEP
  • Number Units1: 1
  • Number Units2: 1
  • ROOMTYPESHTCL: Den, 1 Living Area
  • Sq Ft 1: 960
  • Sq Ft 2: 960
  • Total Rent 1: 500
  • Type 1: Apt A
  • Water Utility Company: City of Marshall
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Range/Oven, Refrigerator
  • Interior: Carpeting, Vinyl Flooring
  • Dining Room: Kitchen
  • Estimated Sq Ft: 1920

Exterior Features

  • Construction: Brick, Brick
  • Roof: Gable, Composite
  • Streets: Curbs/Gutters

Garage/Parking

  • Garage Type: None
  • Parking Type: Rear/Side Entry, Street
  • Parking Spaces: 2

Utilities

  • Water Heater: Electric, Separate Heater
  • Utilities: Separate Meter-Electric, Separate Meter-Water, Tenant Pays Electric, Tenant Pays Water
  • Cooling: Central, Electric
  • Heating: Central, Electric
  • Utility Laundry: Kitchen, Closet, Dryer/Electric, Washer Connection
  • Water/Sewer: City Sewer, City Water
  • Electricity: Separate Meter

Association/Amenities

  • Amenities: Smoke Detectors

Condo/Co-op/Association

  • Age Range: 26-40

Lot Info

  • Parcel #: R000046489
  • Estimated Lot Dimensions: 70' x 200'
  • Lot: Landscaped

Green Features

  • Energy Efficient: Wind Turbine

Building Info

  • Year Built: 1983

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2021
Sold by
Texas Bank And Trust Company
Bought by
Perfect Timing Rentals Llc
Current Estimated Value
$139,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Outstanding Balance
$63,990
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$103,318

Purchase Details

Listed on
Sep 1, 2019
Closed on
Mar 3, 2020
Sold by
Marshall Properties Inc
Bought by
Johnson Keith and Johnson Ashley
Seller's Agent
MARK MCCLAIN
NON MEMBER
Buyer's Agent
CHERIKA JOHNSON, ePRO GRI
Johnson Realty
List Price
$99,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.49%
Original Mortgage
$57,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Perfect Timing Rentals Llc -- Us Titel
Johnson Keith -- Central Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perfect Timing Rentals Llc $81,600
Previous Owner Johnson Keith $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2020 03/03/20 Sold -- -- --
01/12/2020 01/12/20 Pending -- -- --
09/01/2019 09/01/19 For Sale $99,500 -- $52 / Sq Ft
Source: Longview Area 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 $1,877 $99,130 $2,800 $96,330
2023 $1,819 $100,520 $2,800 $97,720
2022 $2,401 $118,380 $2,800 $115,580
2021 $2,158 $100,240 $2,800 $97,440
2020 $2,158 $100,240 $2,800 $97,440
2019 $2,260 $101,690 $2,800 $98,890
2018 $2,117 $95,260 $2,800 $92,460
2017 $2,147 $96,620 $2,800 $93,820
2016 $2,081 $93,660 $2,800 $90,860
2015 $1,550 $82,800 $2,800 $80,000
2014 $884 $58,290 $2,800 $55,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Longview Area Association of REALTORS®

MLS Number: 20194905

Longview Area Association of REALTORS®

APN: R000046489