NOT LISTED FOR SALE

2002 W 7th Ave Unit 3 Corsicana, TX 75110

Estimated Value: $337,080

6 Beds
4 Baths
-- Sq Ft
10,846 Sq Ft Lot

Last Sold May 18, 2022

Current estimated payment $2,274/month

19 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • High Speed Internet

About This Home

As of May 2022

Amazing investment waiting on you!! This property includes 3 apartments in this home including a dining area and bathrooms. This newly remolded comes with vinyl wood flooring , new carpet, ceiling fans and blinds. You will be amazed by the updated kitchen with granite counter tops and updated appliances. Navarro College minutes away, restaurants and local shopping centers! All of these are in walking distance!! This is such a unique property that you don't want to miss out on!

Last Agent to Sell the Property

Grace Williams

Power of Grace Realty License #0619561 Listed on: 03/16/2022

Last Buyer's Agent

Aric Bonner

The Bonner Group License #0606253

The Bonner Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,964

Year Built

  • Built in 1922

Lot Details

  • 10,846

Home Design

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

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Common or Shared Parking

Schools

  • Jose Antonio Navarro Elementary School
  • Corsicana Middle School
  • Corsicana High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Additional Features

  • 10,846 Sq Ft Lot
  • 3,028 SF Accessory Dwelling Unit

Community Details

  • 3 Units
  • 3,028 Sq Ft Building
  • Corsicana Subdivision

Listing and Financial Details

  • Legal Lot and Block C / 573
  • Assessor Parcel Number 34312
  • $3,838 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,964

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Unit Levels: Two
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 28910
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit Sq Ft: 3028
  • Ratio Current Price By Building: 99.07530
  • Special Features: None
  • Year Built: 1922

Interior Features

  • Interior Amenities: High Speed Internet Available
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Appliances: Dishwasher, Disposal, Electric Range

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 6

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Roof: Composition
  • Construction Materials: Wood

Garage/Parking

  • Cooling System: Central Air, Electric
  • Number Of Parking Spaces: 4
  • Parking Features: Common
  • GarageYN: No

Utilities

  • Heating: Central, Electric
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Complex Name: 2002 W 7th
  • Association Type: None

Schools

  • School District: Corsicana ISD

Lot Info

  • Lot Size: .5 to < 1 Acre
  • Lot Size Units: Acres
  • Lot Size Area: 0.2490
  • Parcel Number: 34312
  • Lot Size Acres: 0.2490
  • Lot Size Sq Ft: 10846.4400

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1922
  • Units Total: 3

Multi Family

  • Gross Annual Expenses: 2795.00
  • Gross Annual Income: 33900.00
  • Insurance Expense: 2195
  • Tenancy: No Smoking
  • Unit Count: 3

Tax Info

  • Unexempt Taxes: 3838
  • TaxBlock: 573
  • Tax Lot: C

MLS Schools

  • Middle School Name: Corsicana
  • Elementary School Name: Jose Antonio Navarro
  • High School Name: Corsicana

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2022
Closed on
May 19, 2022
Sold by
Bluemountain Texas Llc
Bought by
Vandinh Ban and Nguyen Dieu Hien
Seller's Agent
Grace Williams
Power of Grace Realty
Buyer's Agent
Aric Bonner
The Bonner Group
List Price
$300,000
Current Estimated Value
$337,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.38%
Original Mortgage
$200,000
Outstanding Balance
$189,722
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$147,358

Purchase Details

Closed on
Mar 29, 2019
Sold by
Walsh Ovalle Tommy Lewis and Walsh Ovalle Kathleen
Bought by
Bluemountain Texas Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,195
Interest Rate
4.3%
Mortgage Type
Commercial
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
Vandinh Ban -- None Listed On Document
Bluemountain Texas Llc -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vandinh Ban $200,000
Previous Owner Bluemountain Texas Llc $154,195
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2022 05/18/22 Sold -- -- --
04/04/2022 04/04/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $300,000 0.0% --
03/22/2022 03/22/22 Pending -- -- --
03/16/2022 03/16/22 For Sale $300,000 -- --
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
2025 $5,964 $314,980 $86,080 $228,900
2024 $6,015 $317,650 $86,080 $231,570
2023 $5,562 $301,310 $86,080 $215,230
2022 $2,905 $125,450 $86,730 $38,720
2021 $3,261 $125,450 $86,730 $38,720
2020 $3,918 $147,640 $86,730 $60,910
2019 $9,035 $328,970 $86,730 $242,240
2018 $2,755 $100,310 $86,730 $13,580
2017 $2,705 $98,620 $86,730 $11,890
2016 $2,168 $79,040 $58,540 $20,500
2015 -- $79,040 $58,540 $20,500
2014 -- $79,040 $58,540 $20,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20011391

North Texas Real Estate Information Systems (NTREIS)

APN: 34312