NOT LISTED FOR SALE

224 E Lake Ave Unit 226 Sherman, TX 75090

Estimated Value: $246,641 - $271,000

2 Beds
1 Bath
900 Sq Ft
$288/Sq Ft Est. Value

About This Home

As of August 2021

Come check out this newly updated duplex in Sherman!! Adorable 2 bed 1 bath with 900 sqft.

Last Agent to Rent the Property

Michael Slaughter

OmniKey Realty, LLC. License #0554015 Listed on: 07/20/2021

Last Renter's Agent

Non-NTREIS MLS Licensee

NON MLS

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1965

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • Open Parking

Home Design

  • Duplex
  • Half Duplex
  • Attached Home
  • Brick Exterior Construction

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Electric Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Washington Elementary School
  • Piner Middle School
  • Dillingham Middle School
  • Sherman High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Southside Add Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,150
  • Tenant pays for all utilities, insurance
  • $50 Application Fee
  • Assessor Parcel Number s052222100501

Townhouse Details

Home Type

Townhome

Year Built

Built in 1965

Lot Details

0

Rental Info

  • Deposit Amount: 1150
  • Lease Conditions: Application Fee, Credit Report, Prior Residence Info., Written Application (+)
  • Lease Type: 1 Year Plus
  • Tenant Pays: All Utilities, Insurance
  • Application Fee: 50

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Duplex
  • Structural Style: Attached or 1/2 Duplex
  • Unit Levels: One
  • Restrictions: No Smoking, No Sublease, No Waterbeds, Other, Pet Restrictions
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 1.27778
  • Special Features: None
  • Year Built: 1965

Interior Features

  • Square Footage: 900.00
  • Appliances: Electric Oven
  • Number Of Living Areas: 1
  • Room Count: 2
  • Appliances: No

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Pool: No
  • Fencing: None
  • Construction Materials: Brick

Garage/Parking

  • Cooling System: Central Air, Electric
  • Parking Features: Open
  • GarageYN: No

Utilities

  • Heating: Central, Natural Gas
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Sherman ISD
  • Elementary School: Washington
  • Intermediate School: Dillingham
  • High School: Sherman

Lot Info

  • PropertyAttachedYN: No
  • Lot Size Units: Acres
  • Lot Size Area: 0.1400
  • Parcel Number: s052222100501
  • Lot Size Acres: 0.1400
  • Lot Size Sq Ft: 6098.4000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1965

MLS Schools

  • MiddleOrJuniorSchool: Piner
  • Middle School Name: Piner
  • Elementary School Name: Washington
  • High School Name: Sherman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2023
Sold by
Evolution Realty Llc
Bought by
Real Income Properties Texas I Llc
Current Estimated Value
$258,821

Purchase Details

Closed on
May 17, 2021
Sold by
Latva Michael and Latva Terry
Bought by
Evolution Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2006
Sold by
Hamers Linda F
Bought by
Latva Michael and Latva Terry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,912
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Real Income Properties Texas I Llc -- Kane Title
Evolution Realty Llc -- Alamo Title Company
Latva Michael -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Evolution Realty Llc $170,000
Previous Owner Latva Michael $52,912
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2021 08/11/21 Rented $1,150 0.0% --
07/20/2021 07/20/21 Price Changed $1,150 +17.9% $1 / Sq Ft
07/20/2021 07/20/21 For Rent $975 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

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 $5,325 $228,929 $58,512 $170,417
2024 $5,325 $242,799 $56,373 $186,426
2023 $3,223 $146,802 $41,289 $105,513
2022 $3,105 $132,505 $42,567 $89,938
2021 $2,605 $103,923 $26,151 $77,772
2020 $2,308 $87,953 $14,214 $73,739
2019 $1,842 $68,322 $9,729 $58,593
2018 $1,285 $51,207 $6,279 $44,928
2017 $1,127 $45,267 $2,760 $42,507
2016 $1,373 $55,143 $2,760 $52,383
2015 $1,221 $49,166 $2,760 $46,406
2014 -- $49,166 $2,760 $46,406
Source: Public Records

Agents Affiliated with this Home

  • Michael Slaughter

    Landlord's Agent in 2021

    Michael Slaughter

    OmniKey Realty, LLC.

    (833) 666-4539

    4 in this area

    46 Total Sales

    Michael Slaughter
    Section Image

  • N

    Tenant's Agent in 2021

    Non-NTREIS MLS Licensee

    NON MLS

See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14630075

North Texas Real Estate Information Systems (NTREIS)

APN: 166553

Texas Grayson County Sherman 75090

224 E Lake Ave Unit 226, Sherman, TX

Not Listed for Sale

Townhouses

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