$265,000
Last list price
SOLD JUN 28, 2024 RENTED MAR 1, 2025
1 Bed
1 Bath
961 Sq Ft
$536/mo HOA Fee

Recently Sold

$276 Per Sq Ft

72 Days on Market

Highlights

  • Rooftop Deck
  • 2-minute walk to Preston
  • Card or Code Access
  • Wood Flooring
  • Loft
  • 2-minute walk to Market Square Park

About This Home

As of June 2024

Nestled within the vibrant heart of downtown Houston, Franklin Lofts stands as a testament to the city's rich history. Previously Houston's first ever National Bank, this architectural marvel greets you by soaring ceilings, exposed brick walls & ceiling & expansive arched windows that flood the space with natural light, creating an inviting ambiance with an industrial look! The open-concept layout seamlessly connects the living, dining, and kitchen areas, providing the perfect setting for both relaxation and entertaining. The spacious bedroom offers a tranquil retreat, while the luxurious bathroom showcases elegant fixtures and an oversized walk-in closet. Franklin Lofts is located in the midst of all downtown hotspots and offers easy access since the METRO stop is just at its doorstep. Living here offers an unparalleled experience!

Last Agent to Sell the Property

Eliane Sahakian

Real Broker, LLC License #0773348 Listed on: 03/09/2024

Real Broker, LLC

Last Buyer's Agent

Cameron Gossen

Real Properties License #0670992

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,848

Year Built

  • Built in 1995

HOA Fees

  • $536 Monthly HOA Fees

Interior Spaces

  • 961 Sq Ft Home
  • Brick Wall or Ceiling
  • Combination Dining and Living Room
  • Loft

Kitchen

  • Gas Range
  • <<microwave>>
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Garage Door Opener
  • 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, electricity, internet, sewer, trash, water
  • Real Management Association
  • Franklin Lofts Condos
  • Franklin Lofts Condo Subdivision

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,848

Year Built

Built in 1995

Lot Details

0

HOA Fees

$536 per month

Listing Details

  • Directions: From I-10 E to Smith St. (exit 769A), Left on Preston, another Left on Main. Franklin Lofts is to your right.
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1995
  • Subdivision Name: Franklin Lofts Condo
  • Entry Level: 7
  • Garage Yn: Yes
  • New Construction: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Range, Microwave, Washer, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile, Wood
  • Interior Amenities: Brick Walls, Elevator, Kitchen Island, Loft, Living/Dining Room
  • Living Area: 961.0
  • Dining Room Type: Loft, Living 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, Garage, Garage Door Opener
  • Total Parking Spaces: 1.0

Utilities

  • Security: Key Card Entry
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 536.0
  • Association Fee Frequency: Monthly
  • Association Name: Real Management

Fee Information

  • Association Fee Includes: Common Area Insurance, Electricity, Internet, 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: 2023
  • Tax Annual Amount: 5848.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2024
Closed on
Jun 28, 2024
Sold by
Taylor Graham M
Bought by
Bottger Hans
Seller's Agent
Eliane Sahakian
Real Broker, LLC
Buyer's Agent
Cameron Gossen
Real Properties
List Price
$265,000
Sold Price
$255,000
Premium/Discount to List
-$10,000
-3.77%
Views
137
Current Estimated Value
$262,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,082
Avg. Annual Appreciation
1.18%
Original Mortgage
$229,500
Outstanding Balance
$227,747
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$30,425

Purchase Details

Closed on
Dec 15, 2017
Sold by
Klebe Terry A and Klebe Janet L
Bought by
Taylor Graham M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2015
Sold by
Viitanen Matti
Bought by
Klebe Terry A and Klebe Janet L

Purchase Details

Closed on
Dec 12, 2013
Sold by
Leone David M
Bought by
Viitanen Matti

Purchase Details

Closed on
Jul 27, 2007
Sold by
Leone Martin and Leone David
Bought by
Leone David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Deed -- Alamo Title
Vendors Lien -- None Available
Warranty Deed -- None Available
Warranty Deed -- American Title Company
Interfamily Deed Transfer -- Startex Title Company
Warranty Deed -- Startex Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $229,500 New Conventional
Previous Owner $220,500 New Conventional
Previous Owner $184,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2025 03/01/25 Rented $2,000 -4.8% --
10/16/2024 10/16/24 Price Changed $2,100 -12.5% $2 / Sq Ft
08/16/2024 08/16/24 For Rent $2,400 0.0% --
06/28/2024 06/28/24 Sold -- -- --
05/21/2024 05/21/24 Pending -- -- --
03/09/2024 03/09/24 For Sale $265,000 0.0% $276 / Sq Ft
03/10/2022 03/10/22 Rented $2,000 0.0% --
11/24/2021 11/24/21 For Rent $2,000 -- --
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 $5,765 $275,527 $52,350 $223,177
2023 $5,765 $272,352 $51,747 $220,605
2022 $5,432 $233,206 $44,309 $188,897
2021 $5,709 $233,206 $44,309 $188,897
2020 $5,921 $233,206 $44,309 $188,897
2019 $5,827 $220,047 $41,809 $178,238
2018 $5,568 $220,047 $41,809 $178,238
2017 $5,065 $191,236 $36,335 $154,901
2016 $5,328 $201,174 $38,223 $162,951
2015 $3,370 $201,174 $38,223 $162,951
2014 $3,370 $157,269 $29,881 $127,388
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 62794912

Houston Association of REALTORS®

APN: 1228970000045