$347,500
Last list price
SOLD JUN 20, 2024 RENTED AUG 22, 2024
1 Bed
1 Bath
1,401 Sq Ft
$756/mo HOA Fee

Recently Sold

$248 Per Sq Ft

3 Days on Market

Highlights

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

About This Home

As of June 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 and Reliant Park. This property is two blocks from historic Market Square Park for live music, movies, Bingo night, food markets and so much more. Two dog parks are included in this park. Food Halls are within blocks, Post Houston and Theatre District are within walking distance. Large bathroom has been completely remodeled, the unit has 3/4 inch real hardwood floors and comes with two reserved parking spaces.

Last Agent to Sell the Property

Carlos Cardona

Better Homes and Gardens Real Estate Gary Greene - Downtown License #0748255 Listed on: 05/16/2024

Better Homes and Gardens Real Estate Gary Greene - Downtown

Co-Listed By

Terry Stanfield

Better Homes and Gardens Real Estate Gary Greene - Downtown License #0485856

Last Buyer's Agent

Kelly D. Pachar

Better Homes and Gardens Real Estate Gary Greene - Downtown License #0571420

Better Homes and Gardens Real Estate Gary Greene - Downtown

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,410

Year Built

  • Built in 1995

HOA Fees

  • $756 Monthly HOA Fees

Home Design

  • Penthouse

Interior Spaces

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

Kitchen

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

Bedrooms and Bathrooms

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

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, ground maintenance, maintenance structure, recreation facilities, sewer, trash, water
  • Real Manage Association
  • Franklin Lofts Condos
  • Franklin Lofts Condo Subdivision

Amenities

  • Elevator

Pet Policy

  • The building has rules on how big a pet can be within a unit

Security

  • Card or Code Access
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,410

Year Built

Built in 1995

Lot Details

0

HOA Fees

$756 per month

Listing Details

  • Directions: Downtown in Historic District on corner of Main & Franklin. Metered parking on Franklin.
  • 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
  • Subdivision Name: Franklin Lofts Condo
  • Architectural Style: Loft, Penthouse
  • Entry Level: 8
  • New Construction: No
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Oven, 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
  • Window Features: Window Coverings
  • 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, Gutter(s)
  • Association Fee: 756.0
  • Association Fee Frequency: Monthly
  • Association Name: Real Manage
  • Pets Allowed: Pet Restrictions

Fee Information

  • Association Fee Includes: Common Area Insurance, Maintenance Grounds, Maintenance Structure, Recreation Facilities, 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: 7410.0

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

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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
Warranty Deed -- Riverway Title
Warranty Deed -- First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $207,914 New Conventional
Previous Owner $38,400 Unknown
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: 74322616

Houston Association of REALTORS®

APN: 1228970000058