NOT LISTED FOR SALE

1503 Claremont Cir Marble Falls, TX 78654

Estimated Value: $400,762 - $506,000

6 Beds
5 Baths
2,736 Sq Ft
$170/Sq Ft Est. Value

Last Sold July 23, 2021

Current estimated payment $3,183/month

7 Days on Market

About This Home

As of July 2021

No showings until offer is fully executed. Call agent. Great investment property centrally located in Marble Falls. Excellent rental history. Each unit contains 1387 square feet of living space with three bedrooms, two and one-half baths. Single car garage. Tile floors and carpeting. Located on a cul-de-sac street. Super opportunity to live in one side and cover all or most of your mortgage with rental income from the other side. Current rents are way below market value. Rents in other units are $1600 per side.

Last Agent to Sell the Property

Mitchell Kent

Mitchell Kent & Associates License #0596240 Listed on: 05/17/2021

Last Buyer's Agent

Non Member

HLAOR Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,878

Year Built

  • Built in 2007

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50 x 100

Home Design

  • 2,736 Sq Ft Home
  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • HardiePlank Siding

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Laundry

  • Washer and Electric Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association
  • 2 Units
  • Claremont Subdivision

Listing and Financial Details

  • No Short Term Rentals Allowed
  • Tenant pays for electricity, sewer, water, garbage pick-up
  • Assessor Parcel Number 069244

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,878

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Reso Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Road Frontage Type: Paved Road
  • Co List Office Mls Id: HLM673
  • Subdivision Name: Claremont
  • Directions: At 281 and Mormon Mill, go east on Mormon Mill, right on Claremont Parkway, Right on Claremont Circle North, unit is the 2nd to last one on the Left.
  • Reso Flooring: Carpet, Ceramic Floor
  • Year Built: 2007
  • HLM_ShortTermRentalAllowed: NO
  • HLM_FloodZone: Unknown
  • HLM_ShortSale: No
  • HLM_REOForeclosure: No
  • HLM_Waterfront: No
  • HLM_PropOwnFeeMand: Yes
  • HLM_PropOwnFeeFrequency: Annually
  • HLM_PropertyOwnersFee: 350
  • HLM_MiscExtras: Dead Bolt Locks,Smoke Detectors
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Electric Dryer Hookup, Microwave, Electric Range, Refrigerator, Washer Hookup, Electric Water Heater
  • Total Bedrooms: 6

Exterior Features

  • Exterior Features: Brick, Hardi-Panel
  • Roof: Composition
  • Acres: 0.15
  • Foundation Details: Slab

Utilities

  • Cooling: Central Air
  • Sewer: City Sewer
  • Heating: Central, Electric
  • Water Source: City

Schools

  • Junior High Dist: Marble Falls

Lot Info

  • Lot Dimensions: 50 X 100
  • Parcel #: 069244

Rental Info

  • Tenant Pays: Electricity, Sewer, Water, Garbage Pick-up

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2021
Closed on
Jul 23, 2021
Sold by
Bertrand David and Bertrand Gale
Bought by
Narevsky Nicholas
Seller's Agent
Mitchell Kent
Mitchell Kent & Associates
Buyer's Agent
Non Member
HLAOR Non Member Office
List Price
$435,000
Current Estimated Value
$464,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.61%
Original Mortgage
$282,750
Outstanding Balance
$257,223
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$207,218

Purchase Details

Closed on
May 19, 2017
Sold by
Trochta Trust
Bought by
Bertrand David and Bertrand Gale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2010
Sold by
Wachovia Mortgage Corporation
Bought by
Trochta Ernest J and Trochta Eleanor E

Purchase Details

Closed on
Jun 25, 2007
Sold by
Staffordshire Homes Llc
Bought by
Quach Phoung T and Nguyen Hai T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
6.37%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Narevsky Nicholas -- None Available
Bertrand David $165,000 --
Trochta Ernest J -- Note Abaible
Quach Phoung T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Narevsky Nicholas $282,750
Previous Owner Bertrand David $159,800
Previous Owner Bertrand David $159,800
Previous Owner Bertrand David $165,000
Previous Owner Quach Phoung T $202,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold -- -- --
05/17/2021 05/17/21 For Sale $435,000 0.0% $159 / Sq Ft
05/05/2020 05/05/20 Rented $1,350 0.0% --
05/05/2020 05/05/20 Under Contract -- -- --
04/04/2020 04/04/20 For Rent $1,350 -- --
Source: Highland Lakes 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 $7,878 $436,027 $34,500 $401,527
2023 $7,878 $436,027 $34,500 $401,527
2022 $8,778 $436,027 $34,500 $401,527
2021 $6,625 $300,868 $34,500 $266,368
2020 $5,490 $247,737 $34,500 $213,237
2019 $5,652 $247,737 $34,500 $213,237
2018 $5,611 $242,071 $34,500 $207,571
2017 $3,955 $169,450 $24,150 $145,300
2016 $3,316 $142,039 $24,150 $117,889
2015 -- $142,087 $24,150 $117,937
2014 -- $142,087 $24,150 $117,937
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highland Lakes Association of REALTORS®

MLS Number: HLM156107

Highland Lakes Association of REALTORS®

APN: 69244