NOT LISTED FOR SALE

1700 E Mulberry St Unit 1702 Sherman, TX 75090

Estimated Value: $373,000

8 Beds
4 Baths
3,046 Sq Ft
$122/Sq Ft Est. Value

Last Sold July 17, 2024

Current estimated payment $2,787/month

11 Days on Market

Highlights

  • Walk-In Closet
  • Luxury Vinyl Plank Tile Flooring
  • Central Heating and Cooling System

About This Home

As of July 2024

Investment opportunity located in close proximity to the Austin College, in rapidly expanding city of Sherman. This meticulously maintained 2story full duplex, consisting of units 1700 & 1702, was constructed in 2006. Both units are currently leased, ensuring immediate returns on your investment. Each side boasts a spacious layout comprising 4 beds & 2 full baths, providing ample living space for tenants. With 1 bedrm & full bathrm located on the ground floor, which is very attractive to renters. Upstairs, discover 3 additional bedrms and another full bathrm. Both units are equipped with washer dryer for added tenant convenience. Unit 1700 features a fenced backyard, ideal for outdoor relaxation and entertainment. Unit 1702 underwent a recent update new flooring and a full paint job in 2023 while unit 1700 make-ready was in 2022. Roof was replaced less than 4 years ago, and exterior was painted less than 2 years ago, ensuring minimal maintenance requirements for the foreseeable future

Last Agent to Sell the Property

Sarfaraz Hansraj

TEXAS ALLIANCE REAL ESTATE Brokerage Phone: 866-990-9786 License #0646963 Listed on: 05/10/2024

Last Buyer's Agent

Jeffrey Carter

Competitive Edge Realty LLC License #0759622

Competitive Edge Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,703

Year Built

  • Built in 2006

Lot Details

  • 7,013

Home Design

  • Duplex
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Siding

Interior Spaces

  • 2-Story Property
  • Washer

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Driveway

Schools

  • Crutchfield Elementary School
  • Piner Middle School
  • Dillingham Middle School
  • Sherman High School

Additional Features

  • 7,013 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units
  • 3,046 Sq Ft Building
  • Christian College Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / 2
  • Assessor Parcel Number 160925
  • $7,048 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,703

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Notice Surveillance Devices Pres: Audio, Video
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 109.98030
  • Attribution Contact: 866-990-9786
  • Special Features: None
  • Year Built: 2006

Interior Features

  • Interior Amenities: Pantry, Walk-In Closet(s)
  • Flooring: Carpet, Luxury Vinyl Plank
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Microwave, Refrigerator, Washer

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 8

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Fiber Cement, Frame, Siding, Wood

Garage/Parking

  • Cooling System: Central Air, Electric
  • Number Of Parking Spaces: 6
  • Parking Features: Driveway
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • Heating: Central, Electric
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Complex Name: CHRISTIAN COLLEGE
  • Association Type: None

Schools

  • School District: Sherman ISD
  • Elementary School: Crutchfield
  • Middle School: Piner
  • High School: Sherman
  • School District: Sherman ISD
  • Elementary School: Crutchfield
  • Intermediate School: Dillingham

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.1610
  • Parcel Number: 160925
  • Lot Size Acres: 0.1610
  • Lot Size Sq Ft: 7013.1600

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2006
  • Units Total: 2

Tax Info

  • Unexempt Taxes: 7048
  • TaxBlock: 2
  • Tax Lot: 2

Multi Family

  • Unit Count: 1

MLS Schools

  • Middle School Name: Piner
  • Elementary School Name: Crutchfield
  • High School Name: Sherman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2024
Closed on
Jul 2, 2024
Sold by
Zzs Investment Llc
Bought by
Bravesc Llc
Seller's Agent
Sarfaraz Hansraj
TEXAS ALLIANCE REAL ESTATE
Buyer's Agent
Jeffrey Carter
Competitive Edge Realty LLC
List Price
$359,900
Views
4
Current Estimated Value
$373,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.95%
Original Mortgage
$290,000
Outstanding Balance
$286,503
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$86,497

Purchase Details

Closed on
Dec 15, 2020
Sold by
Hitek Investment Group Llc
Bought by
Zzs Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,500
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 8, 2015
Sold by
Covington Jerry F and Covington Sara E
Bought by
Hitek Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,200
Interest Rate
3.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 13, 2009
Sold by
Gmac Mortgage Llc
Bought by
Covington Jerry F and Covington Sara E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,400
Interest Rate
5.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 2008
Sold by
Lopez Teresa
Bought by
Deutsche Bank Trust Company Americas

Purchase Details

Closed on
Mar 13, 2007
Sold by
Lopez Noe
Bought by
Lopez Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2006
Sold by
Castaneda Jose Gustavo
Bought by
Lopez Noe
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
Bravesc Llc -- None Listed On Document
Zzs Investment Llc -- Old Republic Title
Hitek Investment Group Llc -- Red River Title Co
Covington Jerry F -- None Available
Deutsche Bank Trust Company Americas $89,179 Lsi Title Agency
Lopez Teresa -- Freedom Title
Lopez Teresa -- Freedom Title
Lopez Noe -- Sherman Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bravesc Llc $290,000
Previous Owner Zzs Investment Llc $517,500
Previous Owner Hitek Investment Group Llc $131,200
Previous Owner Covington Jerry F $68,400
Previous Owner Lopez Teresa $130,500
Previous Owner Lopez Teresa $131,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2024 07/17/24 Sold -- -- --
05/22/2024 05/22/24 Pending -- -- --
05/10/2024 05/10/24 For Sale $359,900 0.0% $118 / Sq Ft
03/01/2023 03/01/23 Rented $1,395 0.0% --
01/12/2023 01/12/23 For Rent $1,395 +7.7% --
07/08/2022 07/08/22 Rented $1,295 -4.1% --
07/05/2022 07/05/22 Price Changed $1,350 -3.2% $1 / Sq Ft
06/06/2022 06/06/22 For Rent $1,395 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

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 $9,703 $369,756 $43,400 $326,356
2024 $9,703 $442,409 $42,420 $399,989
2023 $8,356 $380,574 $39,549 $341,025
2022 $7,048 $300,719 $32,648 $268,071
2021 $5,069 $202,224 $12,180 $190,044
2020 $5,307 $202,224 $12,180 $190,044
2019 $5,084 $188,621 $9,800 $178,821
2018 $4,693 $187,047 $6,300 $180,747
2017 $3,701 $148,677 $3,360 $145,317
2016 $3,741 $150,297 $3,360 $146,937
2015 $0 $111,828 $3,360 $108,468
2014 -- $115,048 $6,580 $108,468
Source: Public Records

Agents Affiliated with this Home

  • Sarfaraz Hansraj

    Seller's Agent in 2024

    Sarfaraz Hansraj

    TEXAS ALLIANCE REAL ESTATE

    (682) 235-7311

    84 Total Sales

    Sarfaraz Hansraj
    Section Image

  • J

    Buyer's Agent in 2024

    Jeffrey Carter

    Competitive Edge Realty LLC

    (410) 714-1883

    44 Total Sales

    Jeffrey Carter
    Section Image

  • K

    Seller's Agent in 2023

    Karen Russell

    Principled Property Management

    (214) 886-5251

    9 Total Sales

    Karen Russell
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20614466

North Texas Real Estate Information Systems (NTREIS)

APN: 160925

Texas Grayson County Sherman 75090

1700 E Mulberry St Unit 1702, Sherman, TX

This home is located at 1700 E Mulberry St Unit 1702, Sherman, TX 75090 since 10 May 2024 and is currently estimated at $373,000, approximately $122 per square foot. This property was built in 2006. 1700 E Mulberry St Unit 1702 is a home located in Grayson County with nearby schools including Crutchfield Elementary School, Piner Middle School, and Dillingham Intermediate School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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