NOT LISTED FOR SALE

Estimated Value: $425,468 - $467,000

2 Beds
2 Baths
1,791 Sq Ft
$979/mo HOA Fee

Last Sold October 12, 2022

Current estimated payment $4,038/month

Highlights

  • Rooftop Deck
  • 2-minute walk to Preston
  • Elevator
  • Wood Flooring
  • Granite Countertops
  • 2-minute walk to Market Square Park

About This Home

As of October 2022

This 2 bedroom/2 bath loft at The Franklin Lofts w/2 reserved parking is located in the heart of Houston's revitalized Downtown Historic District. Short distance from new Food Halls, innumerable outstanding restaurants, nightlife, and parks. A few blocks from the Theatre District w/the city's premier performing arts venues. Close to Minute Maid Park, home of the world series Astros, the Toyota Center, home of the Houston Rockets, all with the Metro Rail steps away to comfortably get you to the Museum District, the Medical Center and NRG Park, home of the Texas and Houston Livestock Show and Rodeo. The Franklin Lofts is conveniently located just minutes from I-10, I-45 and Hwy 59. This loft is designed to take full advantage of the original structure's unique architectural elements originally opened in 1904 as The First National Bank, a center of Houston commerce for decades.

Last Agent to Sell the Property

Terry Stanfield

Better Homes and Gardens Real Estate Gary Greene - Downtown License #0485856 Listed on: 09/21/2022

Better Homes and Gardens Real Estate Gary Greene - Downtown

Co-Listed By

Carlos Cardona

Better Homes and Gardens Real Estate Gary Greene - Downtown License #0748255

Last Buyer's Agent

Katelyn Day

Real Broker, LLC License #0663685

Real Broker, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,226

Year Built

  • Built in 1995

Lot Details

  • 0.96

HOA Fees

  • $979 Monthly HOA Fees

Home Design

  • Entry on the 7th floor

Interior Spaces

  • 1,791 Sq Ft Home
  • Brick Wall or Ceiling
  • Window Treatments

Kitchen

  • Electric Oven
  • Gas Range
  • Dishwasher
  • Granite Countertops
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • 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, sewer, trash, water
  • Franklin HOA
  • Franklin Lofts Condos
  • Franklin Lofts Condo Subdivision

Amenities

  • Elevator

Security

  • Card or Code Access
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,226

Year Built

Built in 1995

Lot Details

0

HOA Fees

$979 per month

Listing Details

  • Directions: Downtown in Historic District at corner of Main & Franklin Streets. Metered parking on nearby streets or in surrounding pay garages or parking lots.
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1995
  • Road Surface Type: Concrete
  • Co List Office Mls Id: GGPR30
  • Co List Office Phone: 713-227-5406
  • Ownership: Full Ownership
  • Subdivision Name: Franklin Lofts Condo
  • Architectural Style: Loft
  • Entry Level: 7
  • New Construction: No
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Disposal, Gas Range, Washer, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile, Wood
  • Interior Amenities: Brick Walls, Granite Counters, Quartz Counters, Window Treatments
  • Living Area: 1791.0
  • 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: 2.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Elevator
  • Association Fee: 979.0
  • Association Fee Frequency: Monthly
  • Association Name: Franklin HOA

Fee Information

  • Association Fee Includes: Common Area Insurance, Gas, Maintenance Grounds, Maintenance Structure, 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: 2021
  • Tax Annual Amount: 9226.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2022
Closed on
Sep 29, 2022
Sold by
Lasseigne Keith M
Bought by
Bishop Jeff
Seller's Agent
Terry Stanfield
Better Homes and Gardens Real Estate Gary Greene - Downtown
Buyer's Agent
Katelyn Day
Real Broker, LLC
List Price
$460,000
Views
3
Current Estimated Value
$444,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.77%

Purchase Details

Closed on
Jun 10, 2019
Sold by
Prusiecki Chris and Eades Shannan Kelly
Bought by
Lasseigne Keith M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2008
Sold by
Emc Mortgage Corp
Bought by
Prusiecki Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,200
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2007
Sold by
Pigott Davone O
Bought by
Emc Mortgage Corp

Purchase Details

Closed on
Oct 30, 2006
Sold by
Franklin Lofts Lp
Bought by
Franklin Loft Trust
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
Bishop Jeff -- Old Republic National Title In
Bishop Jeff -- Old Republic National Title In
Lasseigne Keith M -- None Available
Lasseigne Keith M -- None Available
Prusiecki Chris -- First American Title
Prusiecki Chris -- First American Title
Emc Mortgage Corp $237,774 None Available
Emc Mortgage Corp $237,774 None Available
Franklin Loft Trust -- Southern American Title
Franklin Loft Trust -- Southern American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lasseigne Keith M $340,000
Previous Owner Prusiecki Chris $207,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2022 10/12/22 Sold -- -- --
09/22/2022 09/22/22 Pending -- -- --
09/21/2022 09/21/22 For Sale $460,000 -- $257 / 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
2025 $8,518 $424,696 $80,692 $344,004
2024 $8,518 $407,103 $77,350 $329,753
2023 $8,518 $402,144 $76,407 $325,737
2022 $8,778 $376,848 $71,601 $305,247
2021 $9,226 $376,848 $71,601 $305,247
2020 $9,568 $376,848 $71,601 $305,247
2019 $9,431 $356,160 $67,670 $288,490
2018 $9,012 $356,160 $67,670 $288,490
2017 $9,104 $343,726 $65,308 $278,418
2016 $7,416 $280,000 $53,200 $226,800
2015 $6,058 $361,596 $68,703 $292,893
2014 $6,058 $282,747 $53,722 $229,025
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 61804682

Houston Association of REALTORS®

APN: 1228970000052