NOT LISTED FOR SALE

Estimated Value: $163,000 - $347,000

6 Beds
4 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold September 15, 2017

Current estimated payment $1,967/month

2 Days on Market

Highlights

  • 2 Car Attached Garage
  • Ceramic Tile Flooring
  • High Speed Internet
  • Open Patio
  • Central Heating
  • 1-Story Property

About This Home

As of September 2017

IDEAL FOR ABSENTEE INVESTOR

Full duplex, investment opportunity in Willi Walter Subdivision. Brick built in 2007 and 100% occupied with prequalified tenants. Each unit is a spacious 980 sq.ft, 3 bedroom, 2 full bath, kitchen living, breakfast and single car garage. Electric central air and heat. An abundance of cabinet space for kitchen storage. Large pantry eating area. Each unit comes with refrigerator, electric range, stove and dishwasher. W D hookups, ceiling fans, open patio. Each unit has separate meters and tenants pay for all utilities and yard. Professional Management in place.
Calling all Investors, Cash Buyers.
Gross Inc Multiplier: 12.7% Capitalization Rate: 10.5%

Last Agent to Sell the Property

Mireyda Tamayo

Coldwell Banker Apex, REALTORS License #0690672 Listed on: 07/29/2017

Coldwell Banker Apex, REALTORS

Last Buyer's Agent

Justin Bays

Keller Williams Realty License #0643766

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,708

Year Built

  • 2007

Lot Details

  • 6,970

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof
  • Concrete Siding
  • Pier And Beam

Interior Spaces

  • 1-Story Property
  • Fire and Smoke Detector

Flooring

  • Laminate
  • Ceramic Tile
  • Vinyl Plank

Schools

  • Maudelogan Elementary School
  • Dunbar Middle School
  • Dunbar High School

Utilities

  • Central Heating
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Open Patio
  • Sprinkler System

Listing and Financial Details

  • Assessor Parcel Number 03533433
  • $3,051 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,708

Year Built

2007

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: MUL-Full Duplex
  • Number Of Stories: 1
  • Office Supervisor: Grace Braswell
  • Security: Smoke Detector
  • Sq Ft Building: 1960
  • Year Built Details: Preowned
  • Special Features: None
  • Stories: 1
  • Year Built: 2007

Interior Features

  • Interior Amenities: Cable TV Available, High Speed Internet Available
  • Flooring: Ceramic Tile, Laminate, Vinyl
  • Total Bedrooms: 6
  • Full Bathrooms: 4
  • Other Equipment: Dishwasher, Disposal, Oven-Electric, Range/Oven-Electric, Refrigerator

Exterior Features

  • Foundation: Pier & Beam
  • Roof: Composition
  • Construction Materials: Concrete, Frame/Brick Trim
  • Exterior Features: Patio Open, Sprinkler System

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Attached, Garage, Outside Entry

Utilities

  • Heating: Central Air-Elec, Central Heat-Elec
  • Utilities: City Sewer, City Water, Individual Water Meter

Condo/Co-op/Association

  • Complex Name: Income Property

Schools

  • Elementary School: Maudelogan
  • Middle School: Dunbar
  • High School: Dunbar
  • School District: Fort Worth ISD
  • Elementary School: Maudelogan
  • Middle School: Dunbar
  • High School: Dunbar

Lot Info

  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Number: 8
  • Lot Size Units: Acres
  • Lot Size Area: 0.161
  • Lot Size Area Sq Ft: 7013.16
  • Parcel Number: 03533433

Multi Family

  • No. of Units: 2
  • Gross Annual Expenses: 3601
  • Gross Annual Income: 20700
  • Insurance Expense: 550
  • Net Annual Income: 17099
  • Tenancy: 6 Months or Less, 9 Months or Less, Over 9 Months
  • Total Annual Expenses Include: Insurance, Taxes

Tax Info

  • Unexempt Taxes: 3051

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2021
Sold by
Adasa Series Llc
Bought by
Reinvestbook Tx Llc
Current Estimated Value
$272,477

Purchase Details

Closed on
May 1, 2018
Sold by
Rouach Danjel
Bought by
Adasa Series Llc

Purchase Details

Listed on
Jul 29, 2017
Closed on
Sep 15, 2017
Sold by
Dse Invesments Llc
Bought by
Rouach Daniel
Seller's Agent
Mireyda Tamayo
Coldwell Banker Apex, REALTORS
Buyer's Agent
Justin Bays
Keller Williams Realty
List Price
$165,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%
Original Mortgage
$119,250
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2017
Sold by
Peters Daniel
Bought by
Dse Investments Llc

Purchase Details

Closed on
Aug 19, 2014
Sold by
Menegay Christopher and Menegay Ngan
Bought by
Peters Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2010
Sold by
Amp Real Estate Lp
Bought by
Menegay Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,775
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Amp Real Estate Lp

Purchase Details

Closed on
May 4, 2010
Sold by
Bluitt William
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Dec 6, 2007
Sold by
Rallye Homes Lp
Bought by
Bluitt William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,600
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2006
Sold by
Bright Valley Co Llc
Bought by
Rallye Homes Lp

Purchase Details

Closed on
Jul 27, 2006
Sold by
Wilson Rozena
Bought by
Bright Valley Llc
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 Buyer Sale Price Title Company
Reinvestbook Tx Llc -- Lawyers Title Ins Co Dfw
Adasa Series Llc -- None Available
Rouach Daniel -- None Available
Dse Investments Llc -- Stewart Title
Peters Daniel -- Stewart
Menegay Christopher -- Reunion Title
Amp Real Estate Lp -- First American Title Ins Co
Federal Home Loan Mortgage Corp $143,083 None Available
Bluitt William -- None Available
Bluitt William -- None Available
Rallye Homes Lp -- Sendera Title Inc
Bright Valley Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rouach Daniel $119,250
Previous Owner Peters Daniel $82,500
Previous Owner Menegay Christopher $41,775
Previous Owner Bluitt William $159,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2017 09/15/17 Sold -- -- --
07/31/2017 07/31/17 Pending -- -- --
07/29/2017 07/29/17 For Sale $165,750 -- --
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 $5,708 $254,361 $21,000 $233,361
2023 $6,167 $272,526 $21,000 $251,526
2022 $4,074 $156,722 $5,000 $151,722
2021 $4,299 $156,722 $5,000 $151,722
2020 $4,235 $160,000 $2,000 $158,000
2019 $4,401 $160,000 $2,000 $158,000
2018 $3,347 $121,659 $2,000 $119,659
2017 $3,447 $121,659 $2,000 $119,659
2016 $3,051 $107,707 $2,000 $105,707
2015 $1,184 $41,700 $2,000 $39,700
2014 $1,184 $41,700 $2,000 $39,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 13657833

North Texas Real Estate Information Systems (NTREIS)

APN: 03533433