NOT LISTED FOR SALE

Estimated Value: $227,000 - $370,000

2 Beds
1 Bath
1,531 Sq Ft
$202/Sq Ft Est. Value

Last Sold March 23, 2022

Current estimated payment $2,142/month

9 Days on Market

Highlights

  • 1-Story Property
  • Central Air
  • Wood Fence

About This Home

As of March 2022

INVESTORS ONLY! 100% occupied currently. Tenants are on a month to month lease. Unit 1 is a 2-2 and unit two is a 2-1. Unit 2512 has had new paint, flooring and new kitchen within the last 2 years. Unit 2514 has two new bathrooms, new indoor HVAC, new dishwasher and the roof was replaced in 2018. Tenants are long term tenants of almost 20 years. Currently on a month to month with section 8.

Last Agent to Sell the Property

Travis Hitt

Bray Real Estate Group- Dallas License #0625175 Listed on: 01/24/2022

Last Buyer's Agent

Yaron Yashar

Fathom Realty, LLC License #0680508

Fathom Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,520

Year Built

  • Built in 1929

Lot Details

  • 7,710 Sq Ft Lot
  • Wood Fence

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 1,531 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Dishwasher

Parking

  • 4 Car Garage
  • Front Facing Garage
  • Assigned Parking

Schools

  • West Handley Elementary School
  • Jean Mcclung Middle School
  • Eastern Hills High School

Utilities

  • Central Air

Community Details

  • 1,531 Sq Ft Building
  • Forty Oaks Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 17 / 7
  • Assessor Parcel Number 00975397
  • $5,892 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,520

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 15330
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Ratio Current Price By Building: 136.51208
  • Special Features: None
  • Year Built: 1929

Interior Features

  • Square Footage: 1531.00
  • Interior Amenities: Other
  • Appliances: Dishwasher, Electric Range

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Wood

Garage/Parking

  • Cooling System: Central Air, Electric, Other
  • Number Of Parking Spaces: 4
  • Parking Features: Assigned, Garage Faces Front
  • GarageYN: No

Utilities

  • Heating: Other
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Complex Name: Forty Oaks
  • Association Type: None

Schools

  • School District: Fort Worth ISD
  • Elementary School: West Handley
  • Middle School: Jean Mcclung
  • High School: Eastern Hills
  • School District: Fort Worth ISD
  • Elementary School: West Handley
  • High School: Eastern Hills

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Units: Acres
  • Lot Size Area: 0.1770
  • Parcel Number: 00975397
  • Lot Size Acres: 0.1770
  • Lot Size Sq Ft: 7710.1200

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1929
  • Units Total: 2

Multi Family

  • Gross Annual Expenses: 5430.00
  • Gross Annual Income: 20760.00
  • Insurance Expense: 1900
  • Unit Count: 2

Tax Info

  • Unexempt Taxes: 5892
  • TaxBlock: 7
  • Tax Lot: 17

MLS Schools

  • MiddleOrJuniorSchool: Jean Mcclung
  • Middle School Name: Jean Mcclung
  • Elementary School Name: West Handley
  • High School Name: Eastern Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2022
Closed on
Mar 22, 2022
Sold by
Hl3 Alpha Llc
Bought by
Shkolnik Stav
Seller's Agent
Travis Hitt
Bray Real Estate Group- Dallas
Buyer's Agent
Yaron Yashar
Fathom Realty, LLC
List Price
$199,900
Current Estimated Value
$308,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.50%
Original Mortgage
$156,750
Outstanding Balance
$147,350
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$161,312

Purchase Details

Closed on
Jul 19, 2021
Sold by
Bluemountain Texas Llc
Bought by
Hl3 Alpha Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 24, 2020
Closed on
Sep 3, 2020
Sold by
Kaufman Barukh and Kaufman Shelly
Bought by
Bluemountain Texas Llc
Seller's Agent
Attar Gabay
Berkshire HathawayHS PenFed TX
Buyer's Agent
Adam Halford
DTX Properties, Inc
List Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.72%
Original Mortgage
$253,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 3, 2018
Closed on
Oct 15, 2018
Sold by
Diaz Michael
Bought by
Kaufman Barukh and Kaufman Shelly
Seller's Agent
Cody Nelson
KLM Real Estate
Buyer's Agent
Attar Gabay
Berkshire HathawayHS PenFed TX
List Price
$159,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%

Purchase Details

Closed on
Jul 6, 2015
Sold by
Lr Norman Limited Liability Company
Bought by
Diaz Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2007
Sold by
Norman Leslie R
Bought by
Lr Norman Llc

Purchase Details

Closed on
May 27, 2004
Sold by
Fox Judith Ann and Dumas Judith Ann
Bought by
Harden Dorothy
Source: Public Records

Range of Values:

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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
Shkolnik Stav -- First American Title
Hl3 Alpha Llc -- Fidelity National Title
Bluemountain Texas Llc -- Atd
Kaufman Barukh -- None Available
Diaz Michael -- Rattikin Title Company
Lr Norman Llc -- None Available
Harden Dorothy -- Fidelity National
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shkolnik Stav $156,750
Previous Owner Hl3 Alpha Llc $1,000,000
Previous Owner Bluemountain Texas Llc $253,000
Previous Owner Diaz Michael $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2022 03/23/22 Sold -- -- --
02/02/2022 02/02/22 Pending -- -- --
01/24/2022 01/24/22 For Sale $199,900 +17.6% $131 / Sq Ft
09/03/2020 09/03/20 Sold -- -- --
08/24/2020 08/24/20 Pending -- -- --
08/16/2020 08/16/20 Price Changed $170,000 -1.2% $111 / Sq Ft
08/06/2020 08/06/20 Price Changed $172,000 -1.7% $112 / Sq Ft
07/24/2020 07/24/20 For Sale $175,000 +9.4% $114 / Sq Ft
10/15/2018 10/15/18 Sold -- -- --
10/08/2018 10/08/18 Pending -- -- --
07/03/2018 07/03/18 For Sale $159,900 -- $104 / 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 $5,520 $325,130 $23,100 $302,030
2023 $4,639 $205,000 $23,100 $181,900
2022 $5,329 $205,000 $10,000 $195,000
2021 $6,013 $219,202 $10,000 $209,202
2020 $3,513 $132,729 $10,000 $122,729
2019 $3,669 $133,360 $10,000 $123,360
2018 $2,544 $92,487 $10,000 $82,487
2017 $2,641 $93,217 $10,000 $83,217
2016 $2,129 $75,147 $10,000 $65,147
2015 $1,524 $39,960 $10,000 $29,960
2014 $1,524 $53,700 $10,000 $43,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14746370

North Texas Real Estate Information Systems (NTREIS)

APN: 00975397