NOT LISTED FOR SALE

Franklin Lofts 201 Main St Unit 8J Houston, TX 77002

Downtown Houston Neighborhood

Estimated Value: $435,362 - $506,000

2 Beds
2 Baths
1,791 Sq Ft
$1,032/mo HOA Fee

Last Sold June 28, 2023

Current estimated payment $4,235/month

17 Days on Market

Highlights

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

About This Home

As of June 2023

Unique opportunity to own a 1791 SQ FT penthouse (top floor with no common walls with another unit) in historic Franklin Lofts, formerly the First National Bank. Open floor plan has 12' ceilings with exposed duct work, brick walls, Oak hardwood flooring & original steel cased windows which attribute to the true loft feel of the unit. 2BR/2BA with study or third bedroom & two reserved parking spaces. The Franklin Lofts 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. Walking distance to Minute Maid Park, home of the 2017 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. The Franklin Lofts is conveniently located just minutes from I-10, I-45 and Hwy 59.

Last Agent to Sell the Property

Terry Stanfield

Better Homes and Gardens Real Estate Gary Greene - Downtown License #0485856 Listed on: 05/15/2023

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

Janet Chavez

Keller Williams Realty The Woodlands License #0727625

Keller Williams Realty The Woodlands

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,635

Year Built

  • Built in 1995

Lot Details

  • 0.96

HOA Fees

  • $1,032 Monthly HOA Fees

Home Design

  • Entry on the 8th floor

Interior Spaces

  • 1,791 Sq Ft Home
  • Brick Wall or Ceiling
  • Window Treatments
  • Family Room Off Kitchen
  • Living Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Loft

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Assigned Parking

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, internet, ground maintenance, maintenance structure, sewer, trash, water
  • Franklin Lofts HOA
  • Franklin Lofts Condos
  • 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

$9,635

Year Built

Built in 1995

Lot Details

0

HOA Fees

$1,032 per month

Listing Details

  • Directions: Downtown in Historic District. Building is located at the corner of Main and Franklin. Metered parking on Franklin St.
  • 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: 8
  • New Construction: No
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Disposal, Gas Range, Microwave, Washer, Refrigerator
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Flooring: Tile, Wood
  • Interior Amenities: Breakfast Bar, Brick Walls, Granite Counters, Kitchen/Family Room Combo, Window Treatments, Kitchen/Dining Combo, Loft
  • Living Area: 1791.0
  • Dining Room Type: Kitchen, Loft, Living Room, Office
  • 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
  • Total Parking Spaces: 2.0

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
  • Association Fee: 1032.0
  • Association Fee Frequency: Monthly
  • Association Name: Franklin Lofts HOA

Fee Information

  • Association Fee Includes: Common Area Insurance, Gas, Internet, 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: 2022
  • Tax Annual Amount: 9635.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2020
Sold by
Reagen John Paul
Bought by
Platt Trey A
Current Estimated Value
$463,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,250
Outstanding Balance
$365,556
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$97,785

Purchase Details

Closed on
Sep 15, 2016
Sold by
Reagan Amy
Bought by
Reagan John Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
3.43%

Purchase Details

Closed on
Feb 26, 2013
Sold by
Toro Ford Clinton Joseph and Toro Ford Alma Del
Bought by
Reagan John and Reagan Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 31, 2008
Sold by
Elbar Investments Inc
Bought by
Ford Clinton Joseph

Purchase Details

Closed on
Feb 7, 2008
Sold by
Indymac Bank Fsb
Bought by
Elbar Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,850
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 2008
Sold by
Indymac Bank Fsb
Bought by
Ford Clinton Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,850
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 2007
Sold by
Fields Mary
Bought by
Indymac Bank Fsb

Purchase Details

Closed on
Dec 12, 2006
Sold by
Franklin Lofts Lp
Bought by
Fields Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,780
Interest Rate
6.27%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Average Value
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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
Platt Trey A -- Frontier Title Co Wh Llc
Reagan John Paul -- None Available
Reagan John -- American Title Co
Ford Clinton Joseph -- None Available
Elbar Investments Inc -- None Available
Ford Clinton Joseph -- Etc
Indymac Bank Fsb $315,000 None Available
Fields Mary -- Southern American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Platt Trey A $412,250
Previous Owner Reagan John Paul $236,000
Previous Owner Reagan John $236,000
Previous Owner Ford Clinton Joseph $249,850
Previous Owner Fields Mary $114,780
Previous Owner Fields Mary $459,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2023 06/28/23 Sold -- -- --
06/02/2023 06/02/23 Pending -- -- --
05/15/2023 05/15/23 For Sale $525,000 -- $293 / 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 $9,042 $444,297 $84,416 $359,881
2024 $9,042 $432,155 $82,109 $350,046
2023 $9,042 $427,594 $81,243 $346,351
2022 $9,635 $413,616 $78,587 $335,029
2021 $10,126 $413,616 $78,587 $335,029
2020 $10,502 $413,616 $78,587 $335,029
2019 $10,351 $390,912 $74,273 $316,639
2018 $7,651 $390,912 $74,273 $316,639
2017 $9,614 $377,262 $71,680 $305,582
2016 $8,740 $330,000 $75,405 $254,595
2015 $4,689 $396,869 $75,405 $321,464
2014 $4,689 $295,000 $64,467 $230,533
Source: Public Records

Agents Affiliated with this Home

  • Terry Stanfield

    Seller's Agent in 2023

    Terry Stanfield

    Better Homes and Gardens Real Estate Gary Greene - Downtown

    (713) 582-6871

    59 in this area

    91 Total Sales

    Terry Stanfield
    Section Image
  • Carlos Cardona

    Seller Co-Listing Agent in 2023

    Carlos Cardona

    Better Homes and Gardens Real Estate Gary Greene - Downtown

    (713) 992-5613

    44 in this area

    89 Total Sales

    Carlos Cardona
    Section Image
  • Janet Chavez

    Buyer's Agent in 2023

    Janet Chavez

    Keller Williams Realty The Woodlands

    (832) 298-2596

    1 in this area

    30 Total Sales

    Janet Chavez
    Section Image
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About Franklin Lofts

Map

Source: Houston Association of REALTORS®

MLS Number: 89980659

Houston Association of REALTORS®

APN: 1228970000061

Texas Harris County Houston 77002 Downtown Houston

201 Main St Unit 8J, Houston, TX

This home is located at 201 Main St Unit 8J, Houston, TX 77002 since 15 May 2023 and is currently estimated at $463,341, approximately $258 per square foot. This property was built in 1995. 201 Main St Unit 8J is a home located in Harris County with nearby schools including Gregory-Lincoln Ed Center, Northside High School, and Cathedral House Montessori School.

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