NOT LISTED FOR SALE

1728 Washington Ave Unit A&B Fort Worth, TX 76110

Fairmount Neighborhood

Estimated Value: $452,000 - $541,000

4 Beds
3 Baths
-- Sq Ft
5,009 Sq Ft Lot

Last Sold July 26, 2023

Current estimated payment $3,411/month

5 Days on Market

Highlights

  • Vaulted Ceiling
  • Covered patio or porch
  • Tankless Water Heater
  • 2 Fireplaces
  • Security System Leased
  • 5-minute walk to Fire Station Community Center Park

About This Home

As of July 2023

Investment property located in Fairmount Historic District, close to Fort Worth Medical District and TCU. Featuring 4 bedroom, 3 bath, 100% tenant-occupied duplex. Unit A: 2bed 2bath (lease exp. 07.2024). Unit B: 2bed 1bath (month-to-month furnished lease). Plus a bonus detached structure. Furniture for M2M lease will be sold with property! Total roof replacement of duplex May 2023. Full system upgrade for Unit A's HVAC in 2022 with transferable warranty. Yale Smartlocks and wifi Honeywell thermostats are added bonuses for your tenants! Fully renovated with new electrical, flooring, quartz countertops, porch, and tankless water heaters in 2021. Full bath and plumbing remodels with walk-in tile showers in 2021 and 2022. Detached structure is 400 sqft and was previously an apartment, currently it is not occupied and in need of full renovation. Water is only utility not separately metered. Lease information uploaded in documents. Property is being sold As-Is. READ PRIVATE REMARKS.

Last Agent to Sell the Property

Jessica Reinsch

Ready Real Estate License #0801026 Listed on: 06/12/2023

Ready Real Estate

Last Buyer's Agent

Carley Moore

League Real Estate License #0592647

League Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,299

Year Built

  • Built in 1915

Lot Details

  • 5,009 Sq Ft Lot
  • Wood Fence

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Window Treatments

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Security System Leased
  • Fire and Smoke Detector

Parking

  • 3 Parking Spaces
  • Driveway

Outdoor Features

  • Covered patio or porch

Additional Homes

  • 400 SF Accessory Dwelling Unit
  • Accessory Dwelling Unit (ADU)

Schools

  • De Zavala Elementary School
  • Daggett Middle School
  • Paschal High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

  • 2 Buildings
  • 2 Units
  • 1,652 Sq Ft Building
  • Johnson Jake Sub Subdivision

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 01464744
  • $8,526 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,299

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Accessory Dwelling Type: Other
  • Security: Burglar, Security System Leased, Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 6828
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit Sq Ft: 400
  • Accessory Unit YN: Yes
  • Horse Permitted Y N: No
  • Lake Pump Y N: No
  • Ratio Current Price By Building: 278.45036
  • Attribution Contact: 817-239-3596
  • Special Features: None
  • Year Built: 1915

Interior Features

  • Windows: Window Coverings
  • Fireplace Features: Wood Burning
  • Interior Amenities: Vaulted Ceiling(s)
  • Flooring: Ceramic Tile, Laminate
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Tankless Water Heater
  • Basement YN: No
  • Fireplaces: 2

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Wood
  • Waterfront: No
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Number Of Parking Spaces: 3
  • Parking Features: Driveway
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • Heating: Central, Natural Gas
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Fort Worth ISD
  • Elementary School: De Zavala
  • Middle School: Daggett
  • High School: Paschal
  • School District: Fort Worth ISD
  • Elementary School: De Zavala

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.1150
  • Parcel Number: 01464744
  • Lot Size Acres: 0.1150
  • Lot Size Sq Ft: 5009.4000

Green Features

  • Smart Home Features Appor Pass Y: Yes

Building Info

  • Year Built: 1915
  • Units Total: 2

Multi Family

  • Gross Annual Expenses: 34800.00
  • Gross Annual Income: 41628.00
  • Insurance Expense: 2500
  • Tenancy: Month to Month, Over 9 Months

Tax Info

  • Unexempt Taxes: 8526
  • Special Taxing Entities: No
  • Tax Lot: 24

MLS Schools

  • Middle School Name: Daggett
  • Elementary School Name: De Zavala
  • High School Name: Paschal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2023
Closed on
Jul 26, 2023
Sold by
Swiderski Vincent and Reinsch Jessica
Bought by
Caldwell Sarah Morgan
Seller's Agent
Jessica Reinsch
Ready Real Estate
Buyer's Agent
Carley Moore
League Real Estate
List Price
$460,000
Views
138
Current Estimated Value
$466,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.63%
Original Mortgage
$260,000
Outstanding Balance
$254,201
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$240,498

Purchase Details

Closed on
Nov 30, 2021
Sold by
Thein Myo M
Bought by
Swiderski Vincent and Reinsch Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2020
Sold by
Williams Frederick C
Bought by
Thein Myo M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2014
Sold by
Watson Jacob Eduard
Bought by
Williams Frederick C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,827
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 18, 2012
Sold by
Alm Equity Partners Llc
Bought by
Waston Jacob Eduard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2011
Sold by
Npot Partners I Lp
Bought by
Alm Equity Partners Llc

Purchase Details

Closed on
Dec 1, 2009
Sold by
Sweeney Gloria
Bought by
Npot Partners I Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000,000
Interest Rate
5.01%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 21, 2006
Sold by
White Sherrill Wayne
Bought by
Sweeney Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.1%
Mortgage Type
Construction
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
Caldwell Sarah Morgan -- Texas Title
Swiderski Vincent -- Old Republic Title
Thein Myo M $255,000 None Listed On Document
Williams Frederick C -- Capital Title
Waston Jacob Eduard -- None Available
Alm Equity Partners Llc -- Stnt
Npot Partners I Lp $176,818 None Available
Sweeney Gloria -- Alamo Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caldwell Sarah Morgan $260,000
Previous Owner Swiderski Vincent $368,000
Previous Owner Thein Myo M $255,000
Previous Owner Williams Frederick C $136,757
Previous Owner Williams Frederick C $141,943
Previous Owner Williams Frederick C $144,827
Previous Owner Waston Jacob Eduard $67,500
Previous Owner Npot Partners I Lp $50,000,000
Previous Owner Sweeney Gloria $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2023 07/26/23 Sold -- -- --
06/17/2023 06/17/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $460,000 -- --
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
2024 $10,299 $459,000 $110,000 $349,000
2023 $9,554 $422,247 $110,000 $312,247
2022 $8,526 $327,989 $75,000 $252,989
2021 $6,715 $244,782 $75,000 $169,782
2020 $5,077 $191,807 $75,000 $116,807
2019 $5,302 $192,733 $75,000 $117,733
2018 $3,145 $114,319 $50,000 $64,319
2017 $3,238 $114,288 $50,000 $64,288
2016 $4,782 $168,790 $50,000 $118,790
2015 $2,980 $105,000 $30,000 $75,000
2014 $2,980 $105,000 $30,000 $75,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jessica Reinsch

    Ready Real Estate

    Section Image
  • Carley Moore

    Buyer's Agent in 2023

    Carley Moore

    League Real Estate

    (817) 675-9130

    5 in this area

    170 Total Sales

    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20353808

North Texas Real Estate Information Systems (NTREIS)

APN: 01464744

Texas Tarrant County Fort Worth 76110 Fairmount

1728 Washington Ave Unit A&B, Fort Worth, TX

This home is located at 1728 Washington Ave Unit A&B, Fort Worth, TX 76110 since 12 June 2023 and is currently estimated at $494,699. This property was built in 1915. 1728 Washington Ave Unit A&B is a home located in Tarrant County with nearby schools including De Zavala Elementary School, Daggett Middle School, and Paschal High School.

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