$174,900
SOLD APR 6, 2016
Last list price
-- Bed
-- Bath
3,454 Sq Ft
0.29 Acres

Recently Sold

$51 Per Sq Ft

18 Days on Market

Highlights

  • No HOA
  • Building Patio
  • Ceiling Fan
  • A&M Consolidated Middle School Rated A
  • Central Heating and Cooling System

About This Home

As of April 2016

100% Occupied Fourplex close to A&M Campus. Property is a cashflow generator, with rents of $2370 per month, and is priced to sell AS-IS. Unit mix of 2/1 and 1/1 apartments.

Last Agent to Sell the Property

Peter Kramer

LKG Realty Advisors License #0564398 Listed on: 02/17/2016

Last Buyer's Agent

Julie Sun

Sun Realty Services License #0519691

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,295

Year Built

  • Built in 1976

Lot Details

  • 0.29 Acre Lot

Parking

  • On-Site Parking

Home Design

  • Quadruplex
  • Stucco

Interior Spaces

  • 3,454 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Built-In Electric Oven
  • Recirculated Exhaust Fan
  • Microwave

Utilities

  • Central Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 6 / 1
  • Assessor Parcel Number 42400

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Southwood Subdivision

Amenities

  • Building Patio
  • Community Deck or Porch

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,295

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Directions: Texas Ave. headed south, R on Southwest Pkwy, L on Potomac. Property at end of culdesac.
  • Unit Levels: Two
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Subdivision Name: Southwood
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Appliances: Built-In Electric Oven, Microwave, Refrigerator, Water Heater
  • Interior Amenities: Kitchen Exhaust Fan

Exterior Features

  • Construction Type: Stucco

Garage/Parking

  • Parking Features: On Site

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No
  • Community Features: Deck/Porch, Patio

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: College Station

Lot Info

  • Lot Size Sq Ft: 12828.0
  • Parcel #: 42400
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Block: 1
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2016
Closed on
Apr 5, 2016
Sold by
Fortuo Llc
Bought by
Cao Xian T
Seller's Agent
Peter Kramer
LKG Realty Advisors
Buyer's Agent
Julie Sun
Sun Realty Services
List Price
$174,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.84%
Original Mortgage
$112,000
Outstanding Balance
$50,219
Interest Rate
3.62%
Mortgage Type
Commercial
Estimated Equity
$399,448

Purchase Details

Closed on
Oct 10, 2013
Sold by
Fortuo Llc
Bought by
Economides Theo

Purchase Details

Closed on
Dec 31, 2008
Sold by
Economides Gregory T
Bought by
Fortuo Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
5.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2007
Sold by
Goss Jay B and Goss Cathy E
Bought by
Economides Gregory T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Vendors Lien -- University Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Vendors Lien -- Aggieland Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $112,000 Commercial
Previous Owner $96,000 Purchase Money Mortgage
Previous Owner $96,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2024 11/12/24 For Sale $450,000 0.0% $130 / Sq Ft
04/17/2023 04/17/23 Off Market $800 -- --
01/11/2023 01/11/23 Rented $800 0.0% --
12/12/2022 12/12/22 Under Contract -- -- --
10/12/2022 10/12/22 For Rent $800 0.0% --
04/06/2016 04/06/16 Sold -- -- --
03/07/2016 03/07/16 Pending -- -- --
02/17/2016 02/17/16 For Sale $174,900 -- $51 / Sq Ft
Source: Bryan-College Station Regional Multiple Listing Service

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
2023 $5,295 $277,958 $60,500 $217,458
2022 $5,223 $244,956 $55,000 $189,956
2021 $5,191 $229,829 $50,000 $179,829
2020 $5,010 $220,583 $50,000 $170,583
2019 $4,152 $175,740 $50,000 $125,740
2018 $3,975 $166,990 $45,000 $121,990
2017 $3,930 $166,990 $45,000 $121,990
2016 $3,897 $165,580 $45,000 $120,580
2015 $3,761 $160,240 $45,000 $115,240
2014 $3,761 $162,300 $45,000 $117,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bryan-College Station Regional Multiple Listing Service

MLS Number: 1601139

Bryan-College Station Regional Multiple Listing Service

APN: 42400