NOT LISTED FOR SALE

1502 N Franklin St Marshall, TX 75670

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

-- Bed
-- Bath
960 Sq Ft
$146/Sq Ft Est. Value

Last Sold June 09, 2021

Current estimated payment $918/month

4 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of June 2021

2 bedroom 1 bath duplex with rear parking. Both units currently rented. Tenants pay electricity and yard maintenance. Great investment property located near East Texas Baptist University. New Roof installed January 2020.

Last Agent to Sell the Property

CHERIKA JOHNSON, ePRO GRI

Johnson Realty License #0569133 Listed on: 04/06/2021

Last Buyer's Agent

Becky Clark

Fathom Realty License #0640607

Fathom Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,877

Year Built

  • Built in 1983

Lot Details

  • Lot Dimensions are 70 x 200

Parking

  • 2 Parking Spaces

Home Design

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

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

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: Must reach tenants for all showings. Not on lockbox. Call or text LA at 903-399-3139 to show.
  • Brokerage License Number: 9005587
  • Escrow Amount: $1000
  • Escrow To: US Title
  • Foreclosure Bank Owned: No
  • Stories: 1
  • Subdivision: No
  • Supervisor License Number: 569133
  • Taxes Dollars: 2,158.43
  • Foundation Style: Slab
  • Utility Type: Electric
  • Current Rent 1: 525
  • 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: 525
  • Total Rent 2: 475
  • Type 1: Apt A
  • Water Utility Company: City of Marshall
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Estimated Sq Ft: 960

Exterior Features

  • Construction: Brick, Brick
  • Roof: Gable, Composite

Garage/Parking

  • Garage Type: None
  • Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Age Range: 26-40

Lot Info

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

Building Info

  • Year Built: 1983

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2021
Closed on
Jun 9, 2021
Sold by
Texas Bank And Trust Company
Bought by
Perfect Timing Rentals Llc
Seller's Agent
CHERIKA JOHNSON, ePRO GRI
Johnson Realty
Buyer's Agent
Becky Clark
Fathom Realty
List Price
$97,500
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.
Avg. Annual Appreciation
13.51%
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

Closed on
Mar 3, 2020
Sold by
Marshall Properties Inc
Bought by
Johnson Keith and Johnson Ashley

Home Financials for this Owner

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

Range of Values:

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Average Value
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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
06/09/2021 06/09/21 Sold -- -- --
04/10/2021 04/10/21 Pending -- -- --
04/06/2021 04/06/21 For Sale $97,500 -- $102 / 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: 20211666

Longview Area Association of REALTORS®

APN: R000046489