NOT LISTED FOR SALE

Estimated Value: $237,000 - $265,000

6 Beds
8 Baths
3,416 Sq Ft
$73/Sq Ft Est. Value

Last Sold June 20, 2023

Current estimated payment $1,536/month

62 Days on Market

Highlights

  • Fenced Yard
  • Central Heating and Cooling System
  • 2-minute walk to Judge Davies Park

About This Home

As of June 2023

Calling all investors!!! Quadraplex west of Lubbock Country Club north of Loop 289 near former Wright Elementary with all four units leased. All apartments are two story with each having a half bath downstairs and a full bath upstairs. Two units, A and D, have two bedrooms with the other two units, B and C, each having one bedroom. Each unit has central heat and air and washer and dryer connections and a small fenced in patio and back yard. All units are on a month to month lease at this time.

Last Agent to Sell the Property

Rex Andrews

Keller Williams Realty License #0663823 Listed on: 03/22/2023

Keller Williams Realty

Last Buyer's Agent

Denise Stout

WestMark Companies License #0450642

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 7,336 Sq Ft Lot
  • Fenced Yard

Home Design

  • 3,416 Sq Ft Home
  • Quadruplex
  • Composition Roof
  • Vinyl Siding

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 6 Bedrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number R125239

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1972
  • Reso Property Sub Type: Quadruplex
  • Road Surface Type: All Weather
  • ResoSpecialListingConditions: Standard
  • Above Grade Finished Sq Ft: 3416.0
  • Legal Description: HORNES MESA L 63
  • Location Tax and Legal Elementary School: Carmona-Harrison
  • Location Tax and Legal High School: Lubbock
  • Location Tax and Legal Parcel Number2: R125239
  • General Property Information Above Grade Finished Area: 3416.0
  • General Property Information Lot Size Acres: 0.1684
  • General Property Information Lot Size Square Feet2: 7336.0
  • General Property Information Basement YN: No
  • Location Tax and Legal:Tax Annual Amount: 2531.0
  • General Property Information Accessibility Features YN2: No
  • Cooling:Central Air: Yes
  • Fencing Fenced: Yes
  • Roof:Composition: Yes
  • Location Tax and Legal Middle or Junior School: Cavazos
  • Lease Term Options Month To Month: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Oven, Electric Range
  • Basement: No
  • Half Bathrooms: 4
  • Appliances:Electric Range: Yes
  • Appliances:Electric Oven: Yes

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Acres: 0.17
  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other
  • Parking Features:Other24: Yes

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • HeatingCooling:Electric: Yes
  • Heating:Electric4: Yes

Schools

  • Ninth Grade High School: Lubbock
  • Middle Or Junior School: Cavazos

Lot Info

  • Lot Size Sq Ft: 7336.0
  • ResoLotSizeUnits: Acres
  • Parcel #: R125239
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: None

Tax Info

  • Tax Annual Amount: 2531.0

MLS Schools

  • Elementary School: Carmona-Harrison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2023
Closed on
Jun 21, 2023
Sold by
Jjj Ventures Group Llc
Bought by
Torres Yesenia B
Seller's Agent
Rex Andrews
Keller Williams Realty
Buyer's Agent
Denise Stout
WestMark Companies
List Price
$240,000
Views
164
Current Estimated Value
$251,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.30%
Original Mortgage
$168,750
Outstanding Balance
$164,205
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$86,795

Purchase Details

Listed on
Oct 20, 2021
Closed on
Feb 9, 2022
Sold by
Elsea Larry D and Elsea Joyce M
Bought by
Jjj Ventures Group Llc
Seller's Agent
Jeff Prather
Exit Realty of Lubbock
Buyer's Agent
Rex Andrews
Keller Williams Realty
List Price
$230,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.42%
Original Mortgage
$176,800
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2012
Sold by
Ragan W Lehman
Bought by
Elsea Larry D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 1992
Sold by
Ryan John Melvin
Bought by
Elsea Larry D and Elsea Joyce M

Purchase Details

Closed on
Apr 1, 1992
Bought by
Elsea Larry D and Elsea Joyce M
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
Torres Yesenia B $168,750 Hub City Title
Jjj Ventures Group Llc -- Service Title
Elsea Larry D -- Western Title Company
Elsea Larry D -- --
Elsea Larry D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Yesenia B $168,750
Previous Owner Jjj Ventures Group Llc $176,800
Previous Owner Elsea Larry D $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/20/2023 06/20/23 Sold -- -- --
05/23/2023 05/23/23 Pending -- -- --
03/22/2023 03/22/23 For Sale $240,000 +4.3% $70 / Sq Ft
02/14/2022 02/14/22 Sold -- -- -- View Prior Sale
12/08/2021 12/08/21 Pending -- -- --
10/20/2021 10/20/21 For Sale $230,000 -- $67 / Sq Ft
Source: Lubbock 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
2025 $2,776 $152,853 $5,000 $147,853
2024 $28 $152,853 $5,000 $147,853
2023 $2,508 $134,940 $5,000 $129,940
2022 $2,532 $125,077 $5,000 $120,077
2021 $2,282 $106,571 $5,000 $101,571
2020 $3,312 $152,304 $5,000 $147,304
2019 $3,419 $152,304 $5,000 $147,304
2018 $3,424 $152,304 $5,000 $147,304
2017 $3,129 $139,000 $5,000 $134,000
2016 $3,076 $136,652 $5,000 $131,652
2015 $2,517 $128,826 $5,000 $123,826
2014 $2,517 $113,173 $5,000 $108,173
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lubbock Association of REALTORS®

MLS Number: 202303850

Lubbock Association of REALTORS®

APN: R125239