$1,700,000
SOLD FEB 18, 2025
Last list price
24 Beds
16 Baths
2,866 Sq Ft
7,680 Sq Ft Lot

Recently Sold

$593 Per Sq Ft

59 Days on Market

Highlights

  • Private Yard
  • 8 Car Attached Garage
  • Central Heating and Cooling System
  • Cul-De-Sac
  • Ceramic Tile Flooring
  • High Speed Internet

About This Home

As of February 2025

A TRULY UNIQUE OPPORTUNITY! 8 UNITS IN **ARLINGTON** SOLD ALL TOGETHER!! Perfect Multifamily Investment Property, Multigenerational living arrangement, Short Term Rentals, or savy Home hackers!! Potential for Over $150K in gross annual income!!!Amazing location; Close to Lake Arlington, Several major Highways & Interstates, & Popular attractions like the Cowboys Stadium! MUST BE SOLD AS A PACKAGE! Each unit has beautiful high ceilings, 3 bedrooms, 2 baths, a shared backyard, room for 4 cars, brick wood burning chimney, and laundry room.

Last Agent to Sell the Property

Natasha Rico

Rico Realty Brokerage Phone: 817-239-5150 License #0618427 Listed on: 11/13/2024

Last Buyer's Agent

Rachel Grunn

Reflect Real Estate License #0753821

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,964

Year Built

  • Built in 1984

Lot Details

  • 7,680 Sq Ft Lot
  • Cul-De-Sac
  • Wood Fence
  • Private Yard
  • Back Yard

Parking

  • 8 Car Attached Garage
  • 8 Carport Spaces
  • Additional Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 16 Full Bathrooms

Schools

  • Short Elementary School
  • Gunn Middle School
  • Arlington High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 4 Buildings
  • 8 Units
  • 2,866 Sq Ft Building
  • Windy Pine Park Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04339304
  • $11,338 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,964

Year Built

Built in 1984

Lot Details

0

Parking

8

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 100000
  • Notice Surveillance Devices Pres: None
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Horse Permitted Y N: No
  • Ratio Current Price By Building: 127.35520
  • Attribution Contact: 817-239-5150
  • Special Features: None
  • Year Built: 1984

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Interior Amenities: Cable TV Available, High Speed Internet Available, Pantry
  • Flooring: Carpet, Ceramic Tile
  • Appliances: Dishwasher, Electric Range, Electric Water Heater
  • Basement YN: No
  • Fireplaces: 1

Beds/Baths

  • Full Bathrooms: 16
  • Total Bedrooms: 24

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: Back Yard, Wood
  • Roof: Composition, Shingle
  • Construction Materials: Brick, Siding
  • Exterior Features: Private Yard

Garage/Parking

  • Cooling System: Central Air
  • Garage Spaces: 8
  • Carport Spaces: 8
  • Total Covered Spaces: 8
  • Number Of Parking Spaces: 8
  • Parking Features: Additional Parking
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric, Fireplace(s)
  • Utilities: Cable Available, City Sewer, City Water, Concrete, Curbs, Electricity Connected

Condo/Co-op/Association

  • Complex Name: Windy Pine Park Add 2-3
  • Association Type: None

Schools

  • School District: Arlington ISD
  • Elementary School: Short
  • High School: Arlington
  • School District: Arlington ISD
  • Elementary School: Short
  • Junior High School: Gunn

Lot Info

  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Cul-De-Sac
  • Lot Size Units: Acres
  • Lot Size Area: 0.1763
  • Parcel Number: 04339304
  • Lot Size Acres: 0.1763
  • Lot Size Sq Ft: 7679.6280

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1984
  • Units Total: 8
  • SeniorCommunityYN: No

Multi Family

  • Gross Annual Income: 163200.00
  • Insurance Expense: 10000
  • Tenancy: Lease While on Market, Month to Month, Over 9 Months, Pet Restrictions
  • Unit Count: 8

Tax Info

  • Unexempt Taxes: 11338
  • Special Taxing Entities: No

MLS Schools

  • Elementary School Name: Short
  • High School Name: Arlington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2024
Closed on
Feb 18, 2025
Sold by
Loewe Ana Luz
Bought by
Ogbemudia Sarah and Ogbemudia Abiodun Emmanuel
Seller's Agent
Natasha Rico
Rico Realty
Buyer's Agent
Rachel Grunn
Reflect Real Estate
List Price
$1,700,000
Views
34
Current Estimated Value
$409,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-93.86%
Original Mortgage
$255,500
Outstanding Balance
$254,426
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$155,263

Purchase Details

Closed on
Dec 28, 2007
Sold by
Freund James V J
Bought by
Loewe Ana Luz

Purchase Details

Closed on
Nov 20, 1996
Sold by
Freund James V J and Freund Ruth S
Bought by
Freund James V J and Freund Ruth S

Purchase Details

Closed on
Aug 28, 1995
Sold by
Lam Mary Etta
Bought by
Freund James V J and Freund Ruth S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
9.37%
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 Type Sale Price Title Company
Deed -- Providence Title Company
Warranty Deed -- None Available
Interfamily Deed Transfer -- Safeco Land Title
Warranty Deed -- Safeco Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $255,500 New Conventional
Previous Owner $70,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2025 02/18/25 Sold -- -- --
01/12/2025 01/12/25 Pending -- -- --
12/27/2024 12/27/24 For Sale $1,700,000 0.0% $593 / Sq Ft
12/11/2024 12/11/24 Pending -- -- --
11/13/2024 11/13/24 For Sale $1,700,000 -- $593 / Sq Ft
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
2024 $9,964 $455,880 $40,000 $415,880
2023 $9,550 $432,776 $40,000 $392,776
2022 $8,049 $323,618 $40,000 $283,618
2021 $7,704 $296,528 $16,000 $280,528
2020 $4,799 $191,112 $16,000 $175,112
2019 $5,001 $192,512 $16,000 $176,512
2018 $5,170 $198,995 $16,000 $182,995
2017 $5,335 $200,438 $16,000 $184,438
2016 $4,106 $154,260 $16,000 $138,260
2015 $3,748 $142,100 $16,200 $125,900
2014 $3,748 $142,100 $16,200 $125,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20776696

North Texas Real Estate Information Systems (NTREIS)

APN: 04339304