NOT LISTED FOR SALE

1612 Richmond Ave Unit A Houston, TX 77006

Montrose Neighborhood

Estimated Value: $939,000

2 Beds
1.5 Baths
1,200 Sq Ft
$782/Sq Ft Est. Value

Highlights

  • Gated with Attendant
  • 0.12 Acre Lot
  • Furnished
  • Poe Elementary School Rated A-
  • Contemporary Architecture
  • 2-minute walk to Mandell Park

About This Home

As of May 2020

Ground floor UNIT A. Beautiful 2 bedroom FULLY FURNISHED (possible to remove some furniture if not required) Loft style apartment! All appliances & televisions included! Ready to move in. Stacked washer and dryer also included. Concrete floors, Conveniently located. Walking distance to multiple restaurants, Mandell Park and Menil Museum and close to Rice University and St. Thomas, Med Center, NRG, Minute Maid Park and Galleria. Across from Metro busline and easy to UBER/LYFT pickup. Nearby to Starbucks and HEB. Multiple parking in front of the building. Please do not disturb tenants. Great for Corporate or personal lease, 6mo. to 12mo. or more. Appointment required. Current short term tenant leaving and Available May 16, 2020

Last Agent to Rent the Property

Madeline Franqui

REALM Real Estate Professionals - Galleria License #0481172 Listed on: 12/29/2019

REALM Real Estate Professionals - Galleria

Last Renter's Agent

Madeline Franqui

REALM Real Estate Professionals - Galleria License #0481172 Listed on: 12/29/2019

REALM Real Estate Professionals - Galleria

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $22,817

Year Built

  • Built in 2019

Lot Details

  • 5,250 Sq Ft Lot
  • South Facing Home
  • Back Yard Fenced

Parking

  • Unassigned Parking

Home Design

  • Contemporary Architecture
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Window Treatments
  • Insulated Doors
  • Living Room
  • Breakfast Room
  • Storage
  • Stacked Washer and Dryer
  • Concrete Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Shower Only
  • Separate Shower

Eco-Friendly Details

  • Energy-Efficient Windows with Low Emissivity
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • Energy-Efficient Doors
  • Energy-Efficient Thermostat

Schools

  • Poe Elementary School
  • Lanier Middle School
  • Lamar High School

Utilities

  • Central Heating and Cooling System
  • Programmable Thermostat
  • Cable TV Available

Listing and Financial Details

  • Property Available on 1/27/20
  • Long Term Lease

Community Details

Overview

  • Front Yard Maintenance
  • 2 Units
  • Lancaster Place Ext Sec 02 Subdivision

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit Required

Security

  • Gated with Attendant

Property Details

Home Type

Apartment

Est. Annual Taxes

$22,817

Year Built

Built in 2019

Lot Details

0

Rental Info

  • Lease Term: Long Term
  • Available Date: 2020-01-27

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Lease
  • Year Built: 2019
  • Lot Size Acres: 0.1205
  • Road Surface Type: Concrete
  • Subdivision Name: Lancaster Place Ext Sec 02
  • Architectural Style: Contemporary/Modern
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Doors, HVAC, Insulation, Lighting, Thermostat, Windows
  • Property Attached Yn: No
  • Structure Type: Apartment
  • Property Sub Type Additional: Detached,Multi Family
  • UniversalParcelId: urn:reso:upi:2.0:US:48201:052-265-000-0027
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Cooktop, Disposal, Microwave, Dryer, Refrigerator, Washer
  • Furnished: Furnished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Insulated Doors
  • Fireplace: No
  • Flooring: Concrete
  • Interior Amenities: Quartz Counters, Storage, Shower Only, Separate Shower, Window Treatments, Programmable Thermostat
  • Living Area: 1200.0
  • Dining Room Type: Breakfast Room/Nook, Living Room
  • Stories: 2
  • Window Features: Low-Emissivity Windows

Exterior Features

  • Disclosures: None
  • Fencing: Back Yard
  • Lot Features: Other
  • Pool Private: No
  • Construction Type: Concrete
  • Direction Faces: South
  • Exterior Features: Fence

Garage/Parking

  • Parking Features: Unassigned

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available, Yard Maintenance
  • Laundry Features: Stacked
  • Security: Gated with Attendant, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Conditional, Pet Deposit

Schools

  • Elementary School: POE ELEMENTARY SCHOOL
  • Junior High Dist: 27 - Houston
  • High School: LAMAR HIGH SCHOOL (HOUSTON)
  • Middle Or Junior School: LANIER MIDDLE SCHOOL

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2024
Sold by
Clark Dwain
Bought by
Richmond Avenue Edition Llc
Current Estimated Value
$939,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$716,000
Outstanding Balance
$709,202
Interest Rate
8.53%
Mortgage Type
New Conventional
Estimated Equity
$229,798

Purchase Details

Closed on
Mar 16, 2021
Sold by
2020 Richmond Llc
Bought by
Clark Dwain

Purchase Details

Closed on
May 8, 2015
Sold by
Quest Iro Inc
Bought by
Baharioo Morteza

Purchase Details

Closed on
Apr 21, 2015
Sold by
Ukani Ferishteh
Bought by
Quest Ira Inc

Purchase Details

Closed on
May 14, 2013
Sold by
Ukani Ferishteh
Bought by
Quest Inc

Purchase Details

Closed on
Dec 29, 2011
Sold by
Ukani Ferishteh
Bought by
Richmond Star Realty Llc

Purchase Details

Closed on
Sep 22, 2011
Sold by
Defoyd Jim L
Bought by
Ukani Ferishteh

Purchase Details

Closed on
Nov 16, 2004
Sold by
Skelton Jay W and Skelton Vehitia
Bought by
Pelton Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2000
Sold by
Pelton Robert O
Bought by
Skelton Jay W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.95%

Purchase Details

Closed on
Aug 28, 1996
Sold by
Jackson Timothy L
Bought by
Defoyd Jim L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Richmond Avenue Edition Llc -- None Listed On Document
Clark Dwain -- None Available
Baharioo Morteza -- None Available
Quest Ira Inc -- None Available
Quest Inc -- None Available
Ukani Ferishteh -- None Available
Richmond Star Realty Llc -- None Available
Ukani Ferishteh -- None Available
Pelton Robert -- Commonwealth Title
Skelton Jay W -- --
Defoyd Jim L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richmond Avenue Edition Llc $716,000
Previous Owner Pelton Robert $180,000
Previous Owner Skelton Jay W $108,000
Closed Pelton Robert $22,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2025 05/27/25 Off Market $2,375 -- --
05/25/2020 05/25/20 Rented $2,375 -19.5% --
04/25/2020 04/25/20 Under Contract -- -- --
12/29/2019 12/29/19 For Rent $2,950 -- --
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 $22,817 $1,132,594 $630,000 $502,594
2024 $22,817 $1,090,480 $577,500 $512,980
2023 $22,817 $1,000,000 $577,500 $422,500
2022 $20,249 $919,630 $420,000 $499,630
2021 $21,424 $919,216 $420,000 $499,216
2020 $18,305 $755,900 $420,000 $335,900
2019 $16,150 $638,236 $420,000 $218,236
2018 $11,292 $446,250 $446,250 $0
2017 $11,842 $446,250 $446,250 $0
2016 $11,842 $446,250 $446,250 $0
2015 $9,340 $341,250 $341,250 $0
2014 $9,340 $346,500 $346,500 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2020

    Madeline Franqui

    REALM Real Estate Professionals - Galleria

    (713) 204-4505

    2 in this area

    9 Total Sales

    Madeline Franqui
    Section Image
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Map

Source: Houston Association of REALTORS®

MLS Number: 7300799

Houston Association of REALTORS®

APN: 0522650000027

Texas Harris County Houston 77006 Montrose

1612 Richmond Ave Unit A, Houston, TX

Not Listed for Sale

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