NOT LISTED FOR SALE

2628 Cottonwood Ln Balch Springs, TX 75180

Estimated Value: $291,682 - $382,000

5 Beds
4 Baths
2,184 Sq Ft
$156/Sq Ft Est. Value

Last Sold July 22, 2020

Current estimated payment $1,918/month

80 Days on Market

Highlights

  • Covered Patio or Porch
  • Interior Lot
  • Landscaped
  • 4 Car Attached Garage
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of July 2020

Conveniently located in east Pleasant Grove this one is a keeper and is a Full duplex! One side a 3-2 and the other 2-2. Both with attached garage. The units are in great condition and are well taken care of with the current occupants. One is a long time occupant. Both are willing to stay but leases end this year 2020. Both sides offer large fenced in yards and central HVAC. Current leases in docs. Large masters in rear of home both with private restrooms and large walk in closets. The units each have large backyards and tons of space in the front. Private entrance for both units.

Last Agent to Sell the Property

John Papadopoulos

Jones-Papadopoulos & Co License #0583063 Listed on: 03/06/2020

Last Buyer's Agent

Joe Higgins

Jones-Papadopoulos & Co License #0722069

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $752

Year Built

  • Built in 1984

Lot Details

  • 0.26 Acre Lot
  • Chain Link Fence
  • Landscaped
  • Interior Lot
  • Large Grassy Backyard

Home Design

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

Interior Spaces

  • 2,184 Sq Ft Home
  • 1-Story Property
  • Decorative Lighting
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Car Attached Garage
  • Rear-Facing Garage

Outdoor Features

  • Covered Patio or Porch

Schools

  • Foster Elementary School
  • Balch Springs Middle School
  • Skyline High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Cable TV Available

Community Details

  • 2,184 Sq Ft Building
  • Association Phone (469) 287-0660
  • Cottonwood Manor Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 2
  • Assessor Parcel Number 12006400020050000
  • $2,931 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$752

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Security: Fire Alarm, Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 15600
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 109.89011
  • Special Features: None
  • Year Built: 1984

Interior Features

  • Square Footage: 2184.00
  • Interior Amenities: Cable TV Available, Decorative Lighting
  • Flooring: Carpet, Laminate
  • Appliances: Dishwasher, Disposal, Electric Range, Vented Exhaust Fan

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 5

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: Chain Link
  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Covered Patio/Porch
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Central Air, Electric
  • Number Of Parking Spaces: 4
  • Parking Features: Garage Faces Rear
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Association Type: None
  • HOA Management Company: 4692870660

Schools

  • School District: Dallas ISD
  • Elementary School: Foster
  • Middle School: Balch Springs
  • High School: Skyline
  • School District: Dallas ISD
  • Elementary School: Foster
  • High School: Skyline

Lot Info

  • PropertyAttachedYN: No
  • Lot Features: Interior Lot, Landscaped, Lrg. Backyard Grass
  • Lot Size Units: Acres
  • Lot Size Area: 0.2550
  • Parcel Number: 12006400020050000
  • Lot Size Acres: 0.2550
  • Lot Size Sq Ft: 11107.8000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1984
  • Units Total: 2

Multi Family

  • Gross Annual Income: 15600.00
  • Unit Count: 2

Tax Info

  • Unexempt Taxes: 2931
  • TaxBlock: 2
  • Tax Lot: 5

MLS Schools

  • MiddleOrJuniorSchool: Balch Springs
  • Middle School Name: Balch Springs
  • Elementary School Name: Foster
  • High School Name: Skyline

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2020
Closed on
Jul 21, 2020
Sold by
Pad Ii Inc
Bought by
Revels Donald
Seller's Agent
John Papadopoulos
Jones-Papadopoulos & Co
Buyer's Agent
Joe Higgins
Jones-Papadopoulos & Co
List Price
$260,000
Current Estimated Value
$340,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%
Original Mortgage
$248,640
Outstanding Balance
$221,946
Interest Rate
3.1%
Estimated Equity
$103,645
Source: Public Records

Range of Values:

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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
Revels Donald -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Revels Donald $248,640
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2020 07/22/20 Sold -- -- --
03/08/2020 03/08/20 Price Changed $250,000 -3.8% $114 / Sq Ft
03/06/2020 03/06/20 For Sale $260,000 -- $119 / 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
2025 $752 $254,140 $60,000 $194,140
2024 $752 $260,660 $60,000 $200,660
2023 $752 $111,670 $13,500 $98,170
2022 $2,707 $106,180 $13,500 $92,680
2021 $2,824 $106,180 $13,500 $92,680
2020 $2,909 $106,180 $13,500 $92,680
2019 $3,049 $106,180 $13,500 $92,680
2018 $2,911 $106,180 $13,500 $92,680
2017 $2,909 $106,180 $13,500 $92,680
2016 $2,909 $106,180 $13,500 $92,680
2015 $2,919 $106,180 $13,500 $92,680
2014 $2,919 $106,180 $13,500 $92,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14297735

North Texas Real Estate Information Systems (NTREIS)

APN: 12006400020050000