NOT LISTED FOR SALE

Estimated Value: $179,589 - $183,000

4 Beds
3 Baths
2,008 Sq Ft
$90/Sq Ft Est. Value

Last Sold October 27, 2022

Current estimated payment $1,269/month

6 Days on Market

Highlights

  • Fenced Yard
  • Landscaped
  • Central Heating and Cooling System

About This Home

As of October 2022

INCREDIBLE Cash-Flow Investment Opportunity! Just minutes from Texas Tech & Medical District. Nicely updated 4/3 home, plus a 1/1 rear apartment currently rented for $550/month (lease expires 9/13/23). Front house is currently vacant but was most recently rented for $1,900/month.

Last Agent to Sell the Property

Lauren Cranford

Red Realty TX, LLC License #0559226 Listed on: 09/16/2022

Last Buyer's Agent

Lauren Cranford

Red Realty TX, LLC License #0559226 Listed on: 09/16/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1938

Lot Details

  • 6,566 Sq Ft Lot
  • Fenced Yard
  • Landscaped

Home Design

  • 2,008 Sq Ft Home
  • Pillar, Post or Pier Foundation
  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • Garage
  • Side Facing Garage

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number R112349

Home Details

Home Type

Single Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1938
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Landscaped
  • Road Surface Type: Paved
  • Equipment: None
  • ResoSpecialListingConditions: Standard
  • Above Grade Finished Sq Ft: 2008.0
  • New Construction: No
  • Legal Description: MCCRUMMEN 2ND BLK 26 L 22
  • Location Tax and Legal Elementary School: Dupre
  • Location Tax and Legal Middle Or Junior School2: Slaton
  • Location Tax and Legal High School: Lubbock
  • Location Tax and Legal Parcel Number2: R112349
  • General Property Information Above Grade Finished Area: 2008.0
  • General Property Information Lot Size Acres: 0.1507
  • General Property Information Lot Size Square Feet2: 6566.0
  • General Property Information Basement YN: No
  • Location Tax and Legal:Tax Annual Amount: 1940.0
  • General Property Information Accessibility Features YN2: No
  • General Property Information Fireplace YN: No
  • Cooling:Central Air: Yes
  • Fencing Fenced: Yes
  • Foundation Details PillarPostPier: Yes
  • Roof:Composition: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: No
  • Fireplace: No

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Acres: 0.15
  • Construction Type: Other
  • Foundation: Pillar/Post/Pier
  • Construction Materials:Other8: Yes
  • Lot Features:Landscaped: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage Faces Side
  • Parking Features:Garage Faces Side: Yes

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Natural Gas
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Natural Gas: Yes
  • HeatingCooling:Electric: Yes

Schools

  • Ninth Grade High School: Lubbock
  • Middle Or Junior School: Slaton

Lot Info

  • Lot Size Sq Ft: 6566.0
  • ResoLotSizeUnits: Acres
  • Parcel #: R112349
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1940.0

MLS Schools

  • Elementary School: Dupre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
Oct 27, 2022
Sold by
Cranford Properties Llc
Bought by
Locke Robert and Locke Kelsea
Seller's Agent
Lauren Cranford
Red Realty TX, LLC
Buyer's Agent
Lauren Cranford
Red Realty TX, LLC
List Price
$189,000
Current Estimated Value
$181,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.40%
Original Mortgage
$138,000
Outstanding Balance
$132,615
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$49,032

Purchase Details

Closed on
Jan 18, 2017
Sold by
1906 25Th St Llc
Bought by
Ko Properrtie Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
4.16%

Purchase Details

Closed on
Sep 17, 2015
Sold by
Dp&A Holdings Llc
Bought by
Ko Properties Llc

Purchase Details

Closed on
Apr 9, 2015
Sold by
Rinehart Robert and Perkins Rinehart Sandra L
Bought by
Dp&A Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,650
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2008
Sold by
Lubbock C & C Lc
Bought by
Rinehart Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Locke Robert -- County Title Company
Ko Properrtie Llc -- Title One
Ko Properties Llc -- --
Dp&A Holdings Llc -- Service Title
Rinehart Robert $85,000 Service Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Locke Robert $138,000
Previous Owner Ko Properrtie Llc $456,000
Previous Owner Dp&A Holdings Llc $139,650
Previous Owner Rinehart Robert $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2022 10/27/22 Sold -- -- --
09/22/2022 09/22/22 Pending -- -- --
09/16/2022 09/16/22 For Sale $189,000 -- $94 / Sq Ft
Source: Lubbock 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
2025 $3,932 $183,651 $25,000 $158,651
2024 $39 $216,543 $25,000 $191,543
2023 $3,367 $181,129 $12,804 $168,325
2022 $2,454 $121,242 $12,804 $108,438
2021 $1,953 $91,178 $12,804 $78,374
2020 $2,142 $98,526 $12,804 $85,722
2019 $1,916 $85,338 $12,804 $72,534
2018 $2,056 $91,484 $12,804 $78,680
2017 $1,906 $84,682 $2,580 $82,102
2016 $1,814 $80,576 $2,580 $77,996
2015 $1,639 $77,967 $2,580 $75,387
2014 $1,639 $73,689 $2,580 $71,109
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lubbock Association of REALTORS®

MLS Number: 202210518

Lubbock Association of REALTORS®

APN: R112349