$346,000 - $362,000
RENTED AUG 22, 2024
1 Bed
1 Bath
1,401 Sq Ft
0.96 Acres

Last Sold June 20, 2024

Current estimated payment $2,468/month

Highlights

  • 0.96 Acre Lot
  • 2-minute walk to Preston
  • Wood Flooring
  • Vaulted Ceiling
  • Traditional Architecture
  • 2-minute walk to Market Square Park

About This Home

As of August 2024

Upon entry to this penthouse unit you notice the gallery entry with over 16 foot high concrete ceilings. Entry to the living area begs for art making it a true gallery entry. Franklin Lofts, formerly the historic First National Bank Building built in 1904, sits majestically on the corner of Main and Franklin Streets, just a block from the hike and bike trail along the Buffalo Bayou where the Allen Brothers founded Houston. Light Rail line runs conveniently in front of the building for easy access to shopping, Medical Center, Museum District, UH University, Midtown & NRG. This property is two blocks from historic Market Square Park for live music, movies, Bingo night, food markets and much more. Food Halls are within blocks, Post Houston and Theatre District are within walking distance. Large bathroom has been completely remodeled, brand new washer and dryer. The unit has 3/4 inch real hardwood floors and comes with two reserved parking spaces.

Last Agent to Rent the Property

Carlos Cardona

Better Homes and Gardens Real Estate Gary Greene - Downtown License #0748255 Listed on: 08/08/2024

Better Homes and Gardens Real Estate Gary Greene - Downtown

Last Renter's Agent

Mani Short

Better Homes and Gardens Real Estate Gary Greene - West Gray License #0810174

Better Homes and Gardens Real Estate Gary Greene - West Gray

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,139

Year Built

  • Built in 1995

Lot Details

  • 0.96

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Electric Gate
  • Assigned Parking
  • Controlled Entrance

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,401 Sq Ft Home
  • 1-Story Property
  • Brick Wall or Ceiling
  • Vaulted Ceiling
  • Window Treatments
  • Living Room
  • Open Floorplan
  • Loft
  • Wood Flooring
  • Security Gate

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • <<tubWithShowerToken>>

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Central Heating and Cooling System
  • Municipal Trash

Listing and Financial Details

  • Property Available on 8/8/24
  • Long Term Lease

Community Details

Overview

  • Mid-Rise Condominium
  • Franklin Lofts Condos
  • Franklin Lofts Condo Subdivision

Amenities

  • Elevator

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit Required

Security

  • Card or Code Access
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,139

Year Built

Built in 1995

Lot Details

0

Parking

2

Rental Info

  • Lease Term: Long Term
  • Available Date: 2024-08-08

Listing Details

  • Directions: Downtown in Historic District on corner of Main & Franklin. Metered parking on Franklin.
  • Property Sub Type: Condominium
  • Prop. Type: Residential Lease
  • Building Stories: 1
  • Year Built: 1995
  • Lot Size Acres: 0.9634
  • Road Surface Type: Concrete
  • Subdivision Name: Franklin Lofts Condo
  • Architectural Style: Loft, Traditional, Mid Rise
  • Entry Level: 8
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Oven, Gas Range, Ice Maker, Microwave, Washer, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Wood
  • Interior Amenities: Breakfast Bar, Brick Walls, Granite Counters, Tub Shower, Vaulted Ceiling(s), Kitchen/Dining Combo, Loft, Living/Dining Room
  • Living Area: 1401.0
  • Dining Room Type: Kitchen, Loft, Living Room
  • Stories: 1
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: None
  • Lot Features: Street Level
  • Pool Private: No

Garage/Parking

  • Park Building Name: FRANKLIN LOFTS
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Controlled Entrance, Electric Gate, Garage, Garage Door Opener

Utilities

  • Utilities: Sewer Available, Trash Collection, Water Available
  • Security: Security Gate, Key Card Entry, Fire Sprinkler System
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Elevator, Gutter(s)
  • Pets Allowed: Conditional, Pet Deposit

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Jun 20, 2024
Sold by
Gallagher Stacy and Gallagher Katrina Mathews
Bought by
Sanders Johnny Ray and Sanders Candice Paige
Seller's Agent
Carlos Cardona
Better Homes and Gardens Real Estate Gary Greene - Downtown
Buyer's Agent
Kelly D. Pachar
Better Homes and Gardens Real Estate Gary Greene - Downtown
List Price
$347,500
Sold Price
$347,500
Views
4
Current Estimated Value
$354,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,667
Avg. Annual Appreciation
0.66%

Purchase Details

Closed on
Oct 18, 2016
Sold by
Keevill Christopher D and Keevill Christopher David
Bought by
Gallagher Stacy and Gallagher Katrina Mathews
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
Sanders Johnny Ray -- Riverway Title
Gallagher Stacy -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Keevill Christopher D $207,914
Previous Owner Keevill Christopher D $38,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2024 08/22/24 Rented $2,650 0.0% --
08/14/2024 08/14/24 Under Contract -- -- --
08/08/2024 08/08/24 For Rent $2,650 0.0% --
06/20/2024 06/20/24 Sold -- -- --
05/20/2024 05/20/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $347,500 -- $248 / 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 $6,139 $348,781 $66,268 $282,513
2023 $6,139 $345,096 $65,568 $279,528
2022 $7,776 $333,818 $63,425 $270,393
2021 $8,172 $333,818 $63,425 $270,393
2020 $8,476 $333,818 $63,425 $270,393
2019 $8,347 $315,220 $59,892 $255,328
2018 $7,044 $315,220 $59,892 $255,328
2017 $8,057 $304,208 $57,800 $246,408
2016 $7,601 $287,000 $54,530 $232,470
2015 $5,299 $307,540 $58,433 $249,107
2014 $5,299 $246,333 $46,803 $199,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 82972527

Houston Association of REALTORS®

APN: 1228970000058