NOT LISTED FOR SALE

1715 Loring Ln Unit 1717 Longview, TX 75604

Estimated Value: $220,846 - $253,000

-- Bed
2 Baths
1,974 Sq Ft
$120/Sq Ft Est. Value

Last Sold November 07, 2019

Current estimated payment $1,581/month

110 Days on Market

Highlights

  • Wind Turbine Power
  • Den with Fireplace
  • Open Patio
  • Pine Tree Primary School Rated A-
  • Shades
  • Laundry Room

About This Home

As of November 2019

A newly remodeled duplex for those investors that want minimum up front maintenance. Much of this duplex has been repaired/replaced with new materials. Two bedroom and one bath each side, two car front parking, good size yard for the tenants. Both sides are leased with year leases.

Last Agent to Sell the Property

STEVE FERGUSON

Texas Real Estate Executives - Longview License #0260184 Listed on: 07/04/2019

Texas Real Estate Executives - Longview

Last Buyer's Agent

MEMBER NON

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,957

Year Built

  • Built in 1976

Lot Details

  • Lot Dimensions are 85 x 125
  • Wood Fence
  • Landscaped

Home Design

  • Gable Roof Shape
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,974 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Shades
  • Den with Fireplace
  • Tile Flooring

Kitchen

  • Electric Oven
  • Dishwasher

Laundry

  • Laundry Room
  • Electric Dryer

Parking

  • 2 Parking Spaces
  • Parking Pad

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Wind Turbine Power
  • Open Patio

Community Details

  • 2 Units
  • Clearwood Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 38741

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,957

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Duplex
  • Sub Type: 2 bedroom
  • Brokerage License Number: 9006791
  • Escrow Amount: 1%
  • Escrow To: US Title
  • First Year Interest Rate: 3.5
  • Foreclosure Bank Owned: No
  • Stories: 1
  • Subdivision: Yes
  • Supervisor License Number: 576998
  • Taxes Dollars: 2027
  • Foundation Style: Slab
  • Utility Type: Cable Available, Electric, High Speed Internet Avail
  • Current Rent 1: 850
  • Current Rent 2: 875
  • Electric Utility Company: SWEPCO
  • Number Units1: 1
  • Number Units2: 1
  • ROOMTYPESHTCL: Den, 1 Living Area
  • Sq Ft 1: 987
  • Sq Ft 2: 987
  • Total Rent 1: 850
  • Total Rent 2: 875
  • Type 1: 2 bedroom
  • Water Utility Company: City
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Woodburning, Den
  • Appliances: Electric Range/Oven, Dishwasher, Ice Maker Connection
  • Interior: Shades/Blinds, Tile Flooring
  • Dining Room: Breakfast
  • Estimated Sq Ft: 1974

Exterior Features

  • Construction: Brick, Brick
  • Roof: Gable, Composite
  • ExteriorFeatures: Fence Wood, Open Patio
  • Streets: Paved

Garage/Parking

  • Garage Type: None
  • Parking Type: Parking Pad
  • Parking Spaces: 2

Utilities

  • Water Heater: Electric
  • Utilities: Separate Meter-Electric, Separate Meter-Water, Tenant Pays Electric, Tenant Pays Water
  • Cooling: Central, Electric
  • Heating: Central, Electric
  • Utility Laundry: Inside Room, Dryer/Electric, Washer Connection
  • Water/Sewer: City Sewer, City Water
  • Electricity: Separate Meter

Condo/Co-op/Association

  • Age Range: 41-50

Lot Info

  • Parcel #: 38741
  • Estimated Lot Dimensions: 85 X 125
  • Lot: Landscaped

Green Features

  • Energy Efficient: Wind Turbine

Building Info

  • Year Built: 1976

Rental Info

  • Estimated Income: 21,600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2019
Closed on
Nov 7, 2019
Sold by
P & L Gregg County Re Investments Llc
Bought by
Hill Marcus W and Hill Tiahesha
Seller's Agent
STEVE FERGUSON
Texas Real Estate Executives - Longview
Buyer's Agent
MEMBER NON
NON MEMBER
List Price
$169,900
Current Estimated Value
$236,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.72%
Original Mortgage
$127,425
Outstanding Balance
$112,101
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$124,611

Purchase Details

Closed on
Sep 14, 2018
Sold by
J K Real Estate Investments Inc
Bought by
P & L Gregg County Real Estate Investment

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
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
Hill Marcus W -- None Available
P & L Gregg County Real Estate Investment -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Marcus W $127,425
Previous Owner P & L Gregg County Real Estate Investment $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2019 11/07/19 Sold -- -- --
10/22/2019 10/22/19 Pending -- -- --
07/04/2019 07/04/19 For Sale $169,900 -- $86 / Sq Ft
Source: Longview Area 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 $3,957 $213,460 $11,710 $201,750
2023 $2,967 $158,050 $11,710 $146,340
2022 $2,840 $132,500 $9,350 $123,150
2021 $2,943 $132,500 $9,350 $123,150
2020 $2,974 $132,500 $9,350 $123,150
2019 $2,027 $88,240 $9,350 $78,890
2018 $675 $88,240 $9,350 $78,890
2017 $2,085 $89,570 $9,350 $80,220
2016 $2,085 $89,570 $9,350 $80,220
2015 $702 $90,920 $9,350 $81,570
2014 $0 $92,050 $9,350 $82,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Longview Area Association of REALTORS®

MLS Number: 20193617

Longview Area Association of REALTORS®

APN: 38741