NOT LISTED FOR SALE

Estimated Value: $277,000 - $332,000

2 Beds
1 Bath
1,224 Sq Ft
$696/mo HOA Fee

Last Sold April 04, 2022

Current estimated payment $2,850/month

118 Days on Market

Highlights

  • Rooftop Deck
  • 2-minute walk to Preston
  • Elevator
  • Vaulted Ceiling
  • Wood Flooring
  • 2-minute walk to Market Square Park

About This Home

As of April 2022

Make your home in the heart of vibrant Downtown in this meticulously updated 2BD/1BA industrial-chic loft just blocks from Market Square Park and Allen's Landing. Relax and entertain alongside spectacular city views, soaring ceilings and hardwood floors in the open living/dining room. Exposed brick and concrete add to the designer ambiance. The open kitchen impresses with a granite island, upscale appliances, pantry and wine bar. In the owner's suite, you'll find a roomy custom closet. There's a beautifully renovated bath with floor-to-ceiling tile, custom vanity, and jetted tub/rain shower. The bright secondary bedroom is perfect for guests and home office use. Extensive upgrades include all-new doors, motorized blackout shades, custom cabinetry, ceiling fans, water heater, fire sprinklers, A/V wiring and sound-attenuating windows. Smart entry door lock, thermostat and lights. Historic Franklin Lofts offers covered parking, a roof deck and fiber-optic internet.

Last Agent to Sell the Property

Adria Czerewaty

Compass RE Texas, LLC - Houston License #0620308 Listed on: 11/11/2021

Compass RE Texas, LLC - Houston

Last Buyer's Agent

Paola Guzman

Realm Real Estate Professionals - Katy License #0626780

Realm Real Estate Professionals - Katy

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,664

Year Built

  • Built in 1995

Lot Details

  • 0.96

HOA Fees

  • $696 Monthly HOA Fees

Interior Spaces

  • 1,224 Sq Ft Home
  • Dry Bar
  • Brick Wall or Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Family Room Off Kitchen
  • Living Room
  • Combination Kitchen and Dining Room
  • Utility Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Single Vanity
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Assigned Parking
  • Controlled Entrance

Schools

  • Gregory-Lincoln Elementary School
  • Gregory-Lincoln Middle School
  • Northside High School

Additional Features

  • Rooftop Deck
  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include common area insurance, gas, ground maintenance, maintenance structure, partial utilities, sewer, trash, water
  • Franklin Lofts Association
  • Franklin Lofts Condo Subdivision

Amenities

  • Elevator

Security

  • Card or Code Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,664

Year Built

Built in 1995

Lot Details

0

HOA Fees

$696 per month

Listing Details

  • Directions: Heading towards Downtown on Memorial Drive, turn left onto Travis St, right onto Preston St, left onto Main St. Building is located at the corner of Main and Franklin. Metered parking on Franklin.
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1995
  • Road Surface Type: Concrete
  • Subdivision Name: Franklin Lofts Condo
  • Entry Level: 5
  • New Construction: No
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Disposal, Gas Range, Microwave, Washer, Refrigerator
  • Other Equipment: Satellite Dish
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile, Wood
  • Interior Amenities: Breakfast Bar, Brick Walls, Dry Bar, Kitchen Island, Kitchen/Family Room Combo, Separate Shower, Vanity, Vaulted Ceiling(s), Window Treatments, Ceiling Fan(s), Kitchen/Dining Combo
  • Living Area: 1224.0
  • Dining Room Type: Family Room, Kitchen, Living Room, Utility Room
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Seller Disclosure
  • Pool Private: No
  • Patio And Porch Features: Deck, Rooftop

Garage/Parking

  • Park Building Name: FRANKLIN LOFTS
  • Parking Features: Assigned, Controlled Entrance
  • Total Parking Spaces: 1.0

Utilities

  • Security: Key Card Entry, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Elevator, Gutter(s)
  • Association Fee: 696.0
  • Association Fee Frequency: Monthly
  • Association Name: Franklin Lofts

Fee Information

  • Association Fee Includes: Common Area Insurance, Gas, Maintenance Grounds, Maintenance Structure, Other, Partial Utilities, Sewer, Trash, Water

Schools

  • Elementary School: GREGORY-LINCOLN ELEMENTARY SCHOOL
  • Junior High Dist: 27 - Houston
  • High School: NORTHSIDE HIGH SCHOOL
  • Middle Or Junior School: GREGORY-LINCOLN MIDDLE SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7664.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2019
Sold by
Lasseigne Keith
Bought by
Smith Ralph L
Total Days on Market
118
Current Estimated Value
$294,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,300
Outstanding Balance
$235,785
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$59,146

Purchase Details

Closed on
Oct 1, 2014
Sold by
Robinson Bryce E
Bought by
Lasseigne Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 2008
Sold by
Aurora Loan Services Llc
Bought by
Robinson Bryce E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,241
Interest Rate
6.19%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 12, 2008
Sold by
Mortgage Electronic Registration Systems
Bought by
Aurora Loan Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,241
Interest Rate
6.19%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 1, 2008
Sold by
Vega Sergio and Mortgage Electronic Registrati
Bought by
Mortgage Electronic Registration Systems and Aurora Loan Services Inc

Purchase Details

Closed on
Jun 27, 2007
Sold by
Franklin Lofts Trust
Bought by
Vega Sergio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
6.37%
Mortgage Type
Stand Alone Second
Source: Public Records

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Range of Values:

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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
Smith Ralph L -- Frontier Title Co Wh Llc
Lasseigne Keith -- American Title Co
Robinson Bryce E -- Etc
Aurora Loan Services Llc -- Fidelity National Title
Mortgage Electronic Registration Systems $359,755 None Available
Vega Sergio -- Esquire Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Ralph L $270,300
Previous Owner Lasseigne Keith $180,000
Previous Owner Robinson Bryce E $135,198
Previous Owner Robinson Bryce E $133,241
Previous Owner Vega Sergio $86,000
Previous Owner Vega Sergio $344,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2022 04/04/22 Sold -- -- --
03/09/2022 03/09/22 Pending -- -- --
11/11/2021 11/11/21 For Sale $299,000 -- $244 / 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
2023 $5,986 $275,000 $52,250 $222,750
2022 $7,093 $275,000 $57,854 $217,146
2021 $7,455 $304,494 $57,854 $246,640
2020 $7,731 $304,494 $57,854 $246,640
2019 $6,863 $259,196 $49,247 $209,949
2018 $4,971 $259,196 $49,247 $209,949
2017 $6,625 $250,140 $47,527 $202,613
2016 $6,969 $263,142 $49,997 $213,145
2015 $4,405 $263,142 $49,997 $213,145
2014 $4,405 $205,616 $39,067 $166,549
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 88075337

Houston Association of REALTORS®

APN: 1228970000027