NOT LISTED FOR SALE

1959 W Lamar St Houston, TX 77019

Montrose Neighborhood

Estimated Value: $708,597 - $754,000

2 Beds
1 Bath
2,776 Sq Ft
$263/Sq Ft Est. Value

Last Sold April 29, 2024

Current estimated payment $4,986/month

20 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Patio
  • Wharton Dual Language Academy Rated A-
  • Fireplace
  • Central Heating and Cooling System

About This Home

As of April 2024

Fabulous cash-flowing investment opportunity in Montrose! This beautifully remodeled Duplex property has 2 identical units: one downstairs and one upstairs each with their own private entrance accessible from the shared foyer. Each unit is complete with 2 bedrooms, 1 bathroom, Kitchen, Dining Room, and Laundry areas. These units share water service, but are on separate electric and gas. Both units have been rented out over the last two years for $2200/mo each. It is located in the heart of Montrose near Downtown Houston and just a short drive to the Museum District, Medical Center, Galleria Area, and the Heights. There are so many great places close by including restaurants like Bludorn, Loch Bar, and State of Grace as well as amazing bars such as Anvil, Clarkwood, and Poison Girl. The home is also zoned to great schools such as Wharton K-8 Dual Language Academy, Gregory-Lincoln Middle School, and Lamar High School.

Last Agent to Sell the Property

Nicholas LaPalomento

eXp Realty LLC License #0713707 Listed on: 03/06/2024

eXp Realty LLC

Co-Listed By

Cole Watkins

eXp Realty LLC License #0659946

Last Buyer's Agent

Nicholas LaPalomento

eXp Realty LLC License #0713707 Listed on: 03/06/2024

eXp Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,954

Year Built

  • Built in 1936

Lot Details

  • 5,000 Sq Ft Lot
  • North Facing Home
  • Partially Fenced Property
  • Cleared Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 2,776 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio

Schools

  • William Wharton K-8 Dual Language Academy Elementary School
  • Gregory-Lincoln Middle School
  • Lamar High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 2 Units
  • Temple Terrace Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,954

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Directions: From 69 going east, exit Spur 527 to left on Tuam (becomes Fairview), right on Taft St, (pass W Dallas), left onto W. Lamar.
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1936
  • Co List Office Mls Id: EXPD01
  • Co List Office Phone: 888-519-7431
  • Subdivision Name: Temple Terrace
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Flooring: Laminate, Tile, Wood, Hardwood
  • Interior Amenities: Fireplace, Granite Counters, Ceiling Fan(s)
  • Living Area: 2776.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Seller Disclosure
  • Roof: Composition
  • Fencing: Partial
  • Lot Features: Cleared
  • Construction Type: Brick, Cement Siding
  • Direction Faces: North
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Garage, Paved

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Fire Alarm
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Schools

  • Elementary School: WILLIAM WHARTON K-8 DUAL LANGUAGE ACADEMY
  • Junior High Dist: 27 - Houston
  • High School: LAMAR HIGH SCHOOL (HOUSTON)
  • Middle Or Junior School: GREGORY-LINCOLN MIDDLE SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 14954.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
Apr 29, 2024
Sold by
Hou Patrick
Bought by
Sundaram Santhanam Thiyaga and Sundaram Sumeet Misra
Seller's Agent
Nicholas LaPalomento
eXp Realty LLC
Buyer's Agent
Nicholas LaPalomento
eXp Realty LLC
List Price
$739,000
Views
63
Current Estimated Value
$729,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.06%
Original Mortgage
$619,650
Outstanding Balance
$604,978
Interest Rate
9%
Mortgage Type
New Conventional
Estimated Equity
$124,554

Purchase Details

Listed on
Aug 6, 2021
Closed on
Feb 3, 2022
Sold by
Angel Ortiz
Bought by
Hou Patrick
Seller's Agent
John Munoz
Hacienda Real Estate
Buyer's Agent
Nicholas LaPalomento
eXp Realty LLC
List Price
$850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.25%

Purchase Details

Listed on
May 13, 2021
Closed on
Jun 29, 2021
Sold by
Rezaveisi Mohsen
Bought by
Ortiz Angel and Valdivieso Juan F
Seller's Agent
Clayton Kimbrew
Intero River Oaks Office
Buyer's Agent
John Munoz
Hacienda Real Estate
List Price
$590,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.01%
Original Mortgage
$446,250
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 4, 2020
Closed on
Oct 27, 2020
Sold by
Wei Yi
Bought by
Rezaveisi Mohsen
Seller's Agent
Anna Ye
Central Metro Realty
Buyer's Agent
Clayton Kimbrew
Intero River Oaks Office
List Price
$645,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.47%
Original Mortgage
$448,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2015
Sold by
Norton Maurice E
Bought by
Wei Yi

Purchase Details

Closed on
Feb 4, 2015
Sold by
Williams Louise Gregg and Gregg Louise
Bought by
Norton Maurice E

Purchase Details

Closed on
Jul 16, 1987
Sold by
Williams Louise Gregg and Gregg Louise
Bought by
Norton Maurice E
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
Sundaram Santhanam Thiyaga -- Allied Title Partners
Hou Patrick -- None Listed On Document
Ortiz Angel -- Selectitle Llc
Rezaveisi Mohsen -- None Listed On Document
Wei Yi -- Charter Title Co
Norton Maurice E -- None Available
Norton Maurice E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sundaram Santhanam Thiyaga $619,650
Previous Owner Ortiz Angel $446,250
Previous Owner Rezaveisi Mohsen $448,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 Sold -- -- --
03/26/2024 03/26/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $739,000 -13.1% $266 / Sq Ft
02/03/2022 02/03/22 Sold -- -- --
01/04/2022 01/04/22 Pending -- -- --
08/06/2021 08/06/21 For Sale $850,000 +44.1% $306 / Sq Ft
06/30/2021 06/30/21 Sold -- -- --
05/31/2021 05/31/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $590,000 -8.5% $213 / Sq Ft
10/27/2020 10/27/20 Sold -- -- --
09/27/2020 09/27/20 Pending -- -- --
08/04/2020 08/04/20 For Sale $645,000 -- $232 / Sq Ft
Source: Houston 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 $12,128 $775,096 $475,000 $300,096
2023 $12,128 $742,212 $475,000 $267,212
2022 $13,228 $600,755 $400,000 $200,755
2021 $13,052 $560,000 $400,000 $160,000
2020 $11,381 $470,000 $400,000 $70,000
2019 $10,625 $419,900 $400,000 $19,900
2018 $10,625 $419,900 $350,000 $69,900
2017 $10,468 $414,000 $350,000 $64,000
2016 $11,299 $446,845 $350,000 $96,845
2015 $8,369 $341,257 $250,000 $91,257
2014 $8,369 $325,555 $250,000 $75,555
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2024

    Nicholas LaPalomento

    eXp Realty LLC

    (281) 925-3000

    2 in this area

    79 Total Sales

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  • Cole Watkins

    Seller Co-Listing Agent in 2024

    Cole Watkins

    eXp Realty LLC

    (281) 785-1456

    3 in this area

    671 Total Sales

    Section Image
  • John Munoz

    Seller's Agent in 2022

    John Munoz

    Hacienda Real Estate

    (281) 491-1776

    2 in this area

    20 Total Sales

    Section Image
  • Clayton Kimbrew

    Seller's Agent in 2021

    Clayton Kimbrew

    Intero River Oaks Office

    (832) 283-1504

    5 in this area

    39 Total Sales

    Section Image
  • Anna Ye

    Seller's Agent in 2020

    Anna Ye

    Central Metro Realty

    (281) 800-7997

    1 in this area

    59 Total Sales

    Section Image
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Map

Source: Houston Association of REALTORS®

MLS Number: 82982139

Houston Association of REALTORS®

APN: 0600720040034

Texas Harris County Houston 77019 Montrose

1959 W Lamar St, Houston, TX

This home is located at 1959 W Lamar St, Houston, TX 77019 since 06 March 2024 and is currently estimated at $729,532, approximately $262 per square foot. This property was built in 1936. 1959 W Lamar St is a home located in Harris County with nearby schools including Gregory-Lincoln Ed Center, Wharton Dual Language Academy, and Lamar High School.

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The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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