NOT LISTED FOR SALE

228 NE 4th St Grand Prairie, TX 75050

4 Beds
4 Baths
2,296 Sq Ft
9,845 Sq Ft Lot

Last Sold June 28, 2022

8 Days on Market

About This Home

As of June 2022

HIGHEST AND BEST BY MAY 31, 2022 BY 1:00 PM GREAT INVESTMENT PROPERTY 4 ONE BEDROOM APARTMENTS WITH LONG TIME TENANT'S MOST TENANT'S HAVE BEEN LEASING APARTMENT FOR MORE THEN 10 YEARS PROPERTY NEEDS TO BE SOLD TOGETHER WITH PROPERTY NEXT DOOR SEE MLS 20069249. ALL TENANT'S LEASES WILL EXPIRE BY SEPTEMBER 30, 2022 AND 3 TENANT'S ARE ON MONTH TO MONTH LEASES. SELLER WILL OWNER FINANCE WITH 15% DOWN WITH 9% INTEREST RATE AND 20 YR OR 30 YR MORTGAGE WITH OWNER CARRYING NOTE. PLEASE DO NOT DISTURB TENANT'S. THERE IS A LAUNDRY ROOM LOCATED ON ONE OF THE PROPERTY'S

Last Agent to Sell the Property

Daena Ortiz

Casa Real Estate Services License #0508453 Listed on: 05/25/2022

Last Buyer's Agent

Lorena Corleto De Velasquez

Fathom Realty License #0635260

Fathom Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 9,845 Sq Ft Lot

Home Design

  • Quadruplex
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1-Story Property
  • Gas Cooktop

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Lot

Schools

  • Travis Elementary School
  • Kennedy Middle School
  • South Grand Prairie High School

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Individual Gas Meter

Community Details

  • 4 Units
  • 2,576 Sq Ft Building
  • Thomas 1St Subdivision

Listing and Financial Details

  • Legal Lot and Block 19 / D
  • Assessor Parcel Number 28218500040190100
  • $4,751 per year unexempt tax

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 28000
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 131.98758
  • Special Features: None
  • Year Built: 1948

Interior Features

  • Interior Amenities: Other
  • Appliances: Gas Cooktop

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Roof: Composition
  • Construction Materials: Aluminum Siding, Frame

Garage/Parking

  • Cooling System: Window Unit(s)
  • Number Of Parking Spaces: 4
  • Parking Features: Concrete, Parking Lot

Utilities

  • Heating: Space Heater
  • Utilities: City Sewer, City Water, Concrete, Electricity Connected, Individual Gas Meter, Individual Water Meter, Sidewalk

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Grand Prairie ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.2260
  • Parcel Number: 28218500040190100
  • Lot Size Acres: 0.2260
  • Lot Size Sq Ft: 9844.5600

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1948
  • Units Total: 4

Multi Family

  • Gross Annual Expenses: 1500.00
  • Gross Annual Income: 28000.00
  • Insurance Expense: 1900
  • Unit Count: 2

Tax Info

  • Unexempt Taxes: 4751
  • TaxBlock: D
  • Tax Lot: 19

MLS Schools

  • Middle School Name: Kennedy
  • Elementary School Name: Travis
  • High School Name: South Grand Prairie

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2022 06/28/22 Sold -- -- --
06/02/2022 06/02/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $350,000 -- $152 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20069291

North Texas Real Estate Information Systems (NTREIS)

APN: 28-21850-004-019-01-00