NOT LISTED FOR SALE

1518 Ridgewood St Unit 1520 Houston, TX 77006

Montrose Neighborhood

Estimated Value: $575,000 - $702,962

2 Beds
1 Bath
2,525 Sq Ft
$252/Sq Ft Est. Value

Last Sold April 30, 2024

Current estimated payment $3,973/month

2 Days on Market

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • 4-minute walk to Luna's Park
  • Baker Montessori Rated A-

About This Home

As of April 2024

Calling all savvy investors! This duplex offers a fantastic opportunity to own a piece of prime real estate. Two spacious units, each boasting 2 bedrooms and 1 bathroom, provide excellent rental income potential. With separate entrances, tenants can enjoy a sense of privacy and independence. With wood floors throughout, these units exude warmth and elegance, offering durability and timeless appeal. Location is everything, and this duplex has it all! Situated just minutes from the vibrant River Oaks shopping center, bustling downtown, and the renowned museum district, residents will have endless options for entertainment, dining, and cultural exploration.

Last Agent to Sell the Property

Keri Josephson

Keller Williams Memorial License #0694427 Listed on: 03/29/2024

Keller Williams Memorial

Last Buyer's Agent

Nonmls

Houston Association of REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,456

Year Built

  • Built in 1935

Lot Details

  • 5,000 Sq Ft Lot

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2,525 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Oakmont Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,456

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Directions: Head North on Dunlavy from Westheimer, turn right on Vermont, then left on Ridgewood
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1935
  • Subdivision Name: Oakmont
  • Unit Levels: Two
  • New Construction: No
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Wood
  • Living Area: 2525.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Seller Disclosure
  • Roof: Composition

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • 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: 2023
  • Tax Annual Amount: 12456.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2024
Sold by
Davan Tx Llc
Bought by
Poorsafar Hamid
Current Estimated Value
$637,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Outstanding Balance
$467,533
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$169,708

Purchase Details

Listed on
Mar 29, 2024
Closed on
Apr 29, 2024
Sold by
Howell-Combs Deette and Howell De Ette
Bought by
Davan Tx Llc
Seller's Agent
Keri Josephson
Keller Williams Memorial
Buyer's Agent
Nonmls
Houston Association of REALTORS
List Price
$600,000
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%

Purchase Details

Closed on
Jun 13, 1997
Sold by
Bennett Ted M and Bennett Mary Ann
Bought by
Rogers William C

Purchase Details

Closed on
May 22, 1995
Sold by
Moore Nerys Wenner and Neilson Minerva B
Bought by
Combs Deette Howell

Purchase Details

Closed on
Jul 29, 1994
Sold by
Lehmkuhl Don and Lehmkuhl Carol
Bought by
Combs Deette D Howell
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
Poorsafar Hamid -- None Listed On Document
Poorsafar Hamid -- None Listed On Document
Davan Tx Llc -- Old Republic National Title In
Davan Tx Llc -- Old Republic National Title In
Rogers William C -- First American Title
Rogers William C -- First American Title
Combs Deette Howell -- --
Combs Deette Howell -- --
Combs Deette D Howell -- Houston Title Company 700
Combs Deette D Howell -- Houston Title Company 700
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poorsafar Hamid $472,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2024 04/30/24 Sold -- -- --
04/01/2024 04/01/24 Pending -- -- --
03/29/2024 03/29/24 For Sale $600,000 -- $238 / Sq Ft
Source: Houston 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 $7,138 $580,000 $579,900 $100
2024 $7,138 $635,722 $625,000 $10,722
2023 $7,138 $635,722 $625,000 $10,722
2022 $12,025 $559,601 $550,000 $9,601
2021 $11,285 $484,218 $475,000 $9,218
2020 $12,201 $503,824 $475,000 $28,824
2019 $12,152 $496,944 $475,000 $21,944
2018 $7,057 $421,390 $410,000 $11,390
2017 $11,182 $421,390 $410,000 $11,390
2016 $11,182 $421,390 $410,000 $11,390
2015 $8,149 $421,390 $410,000 $11,390
2014 $8,149 $394,701 $390,000 $4,701
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 47999375

Houston Association of REALTORS®

APN: 0522770000016