NOT LISTED FOR SALE

237 E Culver St Longview, TX 75602

Estimated Value: $95,000 - $152,739

-- Bed
1 Bath
2,500 Sq Ft
$52/Sq Ft Est. Value

Last Sold October 27, 2015

Current estimated payment $914/month

83 Days on Market

About This Home

As of October 2015

Great income opportunity! 6 total units, 5 currently occupied, bringing in $2275/month. Owner pays utilities. These units range from studio efficiency, to 2-bedroom apartments. Owner willing to finance with $20,000 down/$750month. Good opportunity to live here and collect income on the rest!

Last Agent to Sell the Property

Cheryl Barnes

Real Estate Marketing License #0605133 Listed on: 07/18/2015

Last Buyer's Agent

MEMBER NON

NON MEMBER

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1943

Lot Details

  • Lot Dimensions are 75 x 135

Parking

  • 1 Parking Space

Home Design

  • Frame Construction
  • Pier And Beam

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property

Community Details

  • 3 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 65785

Property Details

Home Type

Multi-Family

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Other
  • Escrow To: Longview Title
  • First Year Interest Rate: 6
  • Foreclosure Bank Owned: No
  • Stories: 2
  • Taxes Dollars: 769.72
  • Foundation Style: Pier And Beam, 2 Story
  • Electric Utility Company: Swepco
  • Utilities Dollars: 770
  • Water Utility Company: City
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Estimated Sq Ft: 2500

Exterior Features

  • Construction: Frame
  • Roof: Other

Garage/Parking

  • Garage Type: None
  • Parking Spaces: 1

Utilities

  • Electricity: Unknown

Condo/Co-op/Association

  • Age Range: 50+

Lot Info

  • Parcel #: 65785
  • Estimated Lot Dimensions: 75 x 135

Building Info

  • Year Built: 1943

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2015
Closed on
Oct 23, 2015
Sold by
Anderson Roy and T Bone Properties Lp
Bought by
Asante Yaw and Asante Homes
Seller's Agent
Cheryl Barnes
Real Estate Marketing
Buyer's Agent
MEMBER NON
NON MEMBER
List Price
$95,000
Current Estimated Value
$130,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.71%
Original Mortgage
$27,000
Interest Rate
3.94%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 20, 2010
Sold by
T Bone Properties Lp
Bought by
Anderson Roy and T Bone Properties Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,586
Interest Rate
11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2009
Sold by
Nelson Charles E and Nelson Robin
Bought by
T-Bone Properties Lp

Purchase Details

Closed on
Jan 19, 2006
Sold by
T Bone Properties Lp
Bought by
Nelson Charles E and Nelson Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,500
Interest Rate
6.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 3, 2006
Sold by
Iberis Red Llc
Bought by
T Bone Properties Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,500
Interest Rate
6.25%
Mortgage Type
Seller Take Back
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
Asante Yaw -- Ltc
Anderson Roy -- None Available
T-Bone Properties Lp $65,513 None Available
Nelson Charles E -- None Available
T Bone Properties Lp $45,744 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Asante Yaw $27,000
Previous Owner Anderson Roy $31,586
Previous Owner Nelson Charles E $62,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2015 10/27/15 Sold -- -- --
10/09/2015 10/09/15 Pending -- -- --
07/18/2015 07/18/15 For Sale $95,000 -- $38 / Sq Ft
Source: Longview Area 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
2025 $2,740 $138,400 $4,880 $133,520
2024 $2,740 $137,010 $4,830 $132,180
2023 $2,641 $133,260 $7,880 $125,380
2022 $2,502 $114,360 $3,040 $111,320
2021 $1,897 $83,920 $3,380 $80,540
2020 $763 $33,680 $3,440 $30,240
2019 $770 $33,680 $3,440 $30,240
2018 $767 $33,680 $3,440 $30,240
2017 $770 $33,680 $3,440 $30,240
2016 $770 $33,680 $3,440 $30,240
2015 $770 $33,680 $3,440 $30,240
2014 -- $33,680 $3,440 $30,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Longview Area Association of REALTORS®

MLS Number: 20155246

Longview Area Association of REALTORS®

APN: 65785