NOT LISTED FOR SALE

Estimated Value: $1,053,000 - $1,171,545

3 Beds
2 Baths
3,340 Sq Ft
$327/Sq Ft Est. Value

Last Sold May 12, 2022

Current estimated payment $7,219/month

34 Days on Market

About This Home

As of May 2022

An Amazing income producing property right in between extremely popular Rice Village & the Medical Center. An Incredible Duplex with two three bedroom units, with lots of character. Both units have gleaming hardwood floors sprawling throughout along with one and a half bathrooms, central ac & heat, plus lots of large windows. One unit is occupied with the other available to view. Has had strong stable tenants with good income. Consistent maintenance done, but is being sold as is. This is your chance to own a strong investment property in a prestigious area of Houston. In an absolutely incredible location, only a five minute walk to the hospitals, and three minutes from the corner of Holcombe and Main. This location is near impossible to beat. Present & future land demand in this area will ensure your investment. Location helps your investment continue to produce & grow for you for decades. One unit currently available, would make an excellent home for a Doctor. Do not disturb tenants.

Last Agent to Sell the Property

Gabriel Torre

Texas Ally Real Estate Group, LLC License #0491396 Listed on: 02/26/2022

Texas Ally Real Estate Group, LLC

Last Buyer's Agent

James Oolut

National Realty Company License #0397210

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,795

Year Built

  • Built in 1950

Lot Details

  • 6,615

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 3,340 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Roberts Elementary School
  • Pershing Middle School
  • Lamar High School

Additional Features

  • 6,615 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units
  • Southgate Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,795

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Directions: From 610 and 59 take 59 North, Right on Greenbriar, Left on McClendon, Right on Bellgreen, Left on Sheridan. Property will be on the right side.
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1950
  • Subdivision Name: Southgate
  • Unit Levels: Two
  • New Construction: No
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 3340.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Seller Disclosure
  • Roof: Composition

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Schools

  • Elementary School: ROBERTS ELEMENTARY SCHOOL (HOUSTON)
  • Junior High Dist: 27 - Houston
  • High School: LAMAR HIGH SCHOOL (HOUSTON)
  • Middle Or Junior School: PERSHING MIDDLE SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 14795.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2022
Closed on
May 6, 2022
Sold by
Sheridan Properties Llc
Bought by
Narayanan Santhosshi and Kumar Muniraju Nagamma
Seller's Agent
Gabriel Torre
Texas Ally Real Estate Group, LLC
Buyer's Agent
James Oolut
National Realty Company
List Price
$919,000
Current Estimated Value
$1,092,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.72%
Original Mortgage
$650,250
Outstanding Balance
$615,879
Interest Rate
4.42%
Mortgage Type
Balloon
Estimated Equity
$458,790

Purchase Details

Closed on
Aug 26, 2004
Sold by
Morgan Kenneth W
Bought by
Sheridan Properties Llc

Purchase Details

Closed on
Jun 22, 1998
Sold by
Duck William G
Bought by
Morgan Kenneth W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,200
Interest Rate
7.21%
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
Narayanan Santhosshi -- None Listed On Document
Sheridan Properties Llc -- --
Morgan Kenneth W -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Narayanan Santhosshi $650,250
Previous Owner Morgan Kenneth W $165,800
Previous Owner Morgan Kenneth W $169,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2022 05/12/22 Sold -- -- --
04/01/2022 04/01/22 Pending -- -- --
03/24/2022 03/24/22 Rented $1,995 -99.8% --
03/23/2022 03/23/22 Under Contract -- -- --
02/26/2022 02/26/22 For Sale $919,000 0.0% $275 / Sq Ft
11/04/2021 11/04/21 For Rent $1,995 -- --
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 $15,341 $733,200 $552,116 $181,084
2023 $15,341 $704,460 $523,058 $181,402
2022 $13,945 $633,304 $499,811 $133,493
2021 $14,795 $634,811 $499,811 $135,000
2020 $14,950 $617,375 $482,375 $135,000
2019 $15,385 $608,000 $464,940 $143,060
2018 $15,195 $600,500 $464,940 $135,560
2017 $11,962 $473,080 $425,080 $48,000
2016 $11,962 $473,080 $425,080 $48,000
2015 $10,173 $420,000 $371,102 $48,898
2014 $10,173 $395,726 $371,102 $24,624
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 69680706

Houston Association of REALTORS®

APN: 0641010070017