NOT LISTED FOR SALE

Estimated Value: $236,000 - $265,000

6 Beds
5 Baths
3,740 Sq Ft
$67/Sq Ft Est. Value

Last Sold February 04, 2022

Current estimated payment $1,628/month

49 Days on Market

Highlights

  • No HOA
  • Refrigerated and Evaporative Cooling System
  • Ceiling Fan
  • Lubbock High School Rated A-
  • Zero Lot Line
  • Laundry Facilities

About This Home

As of February 2022

The Colgate 5 Apartments is a 5 unit complex that has been renovated over the past couple years. It has updated units including flooring and paint, new plumbing, and the roof has been recently replaced. Each unit has its own backyard with privacy fences. This is an ideal size for an investor wanting to move into multifamily from single family investments.

Last Agent to Sell the Property

Greg Brownd

Keller Williams Realty License #0596497 Listed on: 10/27/2021

Keller Williams Realty

Last Buyer's Agent

Grant Roehm

Keller Williams Realty License #0708799

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,154

Year Built

  • Built in 1955

Lot Details

  • 10,406 Sq Ft Lot
  • Zero Lot Line

Parking

  • Off-Street Parking

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,740 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Refrigerated and Evaporative Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating Available

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number R47027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,154

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1955
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: Common Area
  • ResoLotFeatures: Zero Lot Line
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Above Grade Finished Sq Ft: 3740.0
  • Reso Interior Features: Ceiling Fan(s)
  • Legal Description: WOOD PETERSON ANX BLK 1 L 3
  • Location Tax and Legal High School: Lubbock
  • Location Tax and Legal Parcel Number2: R47027
  • General Property Information Above Grade Finished Area: 3740.0
  • General Property Information Lot Size Acres: 0.2389
  • General Property Information Lot Size Square Feet2: 10406.0
  • General Property Information Basement YN: No
  • General Property Information Accessibility Features YN2: No
  • Cooling:Evaporative Cooling: Yes
  • Cooling WallWindow Unit(s): Yes
  • Appliances Microwave: Yes
  • Roof:Composition: Yes
  • Location Tax and Legal Middle or Junior School: Cavazos
  • Laundry Features Common Area2: Yes
  • Appliances Refrigerators: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
  • Basement: No
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Electric Oven: Yes

Exterior Features

  • Roof: Composition
  • Acres: 0.24
  • Construction Type: Wood Siding
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Zero Lot Line: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Evaporative Cooling, Wall/Window Unit(s)
  • Heating: Other
  • Cooling Y N: Yes
  • HeatingYN: Yes

Condo/Co-op/Association

  • HOA: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Lubbock
  • Middle Or Junior School: Cavazos

Lot Info

  • Lot Size Sq Ft: 10406.0
  • ResoLotSizeUnits: Acres
  • Parcel #: R47027
  • ResoLotSizeUnits: Acres

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
Fischer David James -- Hub City Title
J&E Real Estate Investment Group Llc -- --
J&E Real Estate Investment Group Llc -- --
J&E Real Estate Investment Group Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fischer David James $172,000
Previous Owner Fm 2711 Llc $156,000
Previous Owner J & E Real Estate Investment Group Llc $163,776
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2022 02/04/22 Sold -- -- --
12/15/2021 12/15/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $225,000 -- $60 / Sq Ft
Source: Lubbock 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 $3,154 $173,697 $5,203 $168,494
2023 $3,135 $168,675 $5,203 $163,472
2022 $3,165 $156,346 $5,203 $151,143
2021 $2,853 $133,213 $5,203 $128,010
2020 $2,614 $120,208 $5,203 $115,005
2019 $2,699 $120,208 $5,203 $115,005
2018 $2,702 $120,208 $5,203 $115,005
2017 $2,617 $116,295 $5,203 $111,092
2016 $2,565 $113,947 $5,203 $108,744
2015 $2,466 $112,382 $5,203 $107,179
2014 $2,466 $110,895 $5,203 $105,692
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lubbock Association of REALTORS®

MLS Number: 202110815

Lubbock Association of REALTORS®

APN: R47027