NOT LISTED FOR SALE

2905 Sappington Place Fort Worth, TX 76116

Ridglea Neighborhood

Estimated Value: $277,000 - $380,000

4 Beds
4 Baths
2,244 Sq Ft
$153/Sq Ft Est. Value

Last Sold June 23, 2020

Current estimated payment $2,431/month

73 Days on Market

Highlights

  • Cul-De-Sac
  • Energy-Efficient Appliances
  • Central Heating and Cooling System
  • Patio
  • Ceramic Tile Flooring
  • Ceiling Fan

About This Home

As of June 2020

Buyer financing fell through, back on market $10,000 UNDER APPRAISED VALUE!! Great income generating opportunity! Both units tenant occupied already. Close proximity to highway 30, 820, Ft Worth Zoo, and just a few miles from TCU. Updated flooring in downstairs, carpet in bedrooms with walk in closets. Oversized living area and dining area combo with wood burning fireplace. Gross Expenses listed include tax, insurance, and water and includes BOTH duplex and adjacent fourplex total for the year. Depending on the unit, owner had water heaters replaced, flooring replaced, landscaping done. BEING SOLD AS IS. *PLEASE SEE TRANSACTION DESK FOR APPRAISAL, RENT ROLL, RECENT INSPECTION REPORT, AND OTHER INFO*

Last Agent to Sell the Property

Jessica Carter

Real Broker, LLC License #0710451 Listed on: 02/06/2020

Real Broker, LLC

Last Buyer's Agent

Mical Hagos

Real Broker, LLC License #0687361

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,729

Year Built

  • Built in 1983

Lot Details

  • 7,187 Sq Ft Lot
  • Cul-De-Sac
  • Wood Fence

Home Design

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

Interior Spaces

  • 2,244 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments

Kitchen

  • Electric Cooktop
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 4 Parking Spaces
  • Assigned Parking
  • Unassigned Parking

Schools

  • Phillips M Elementary School
  • Monnig Middle School
  • Westn Hill High School

Utilities

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

Additional Features

  • Energy-Efficient Appliances
  • Patio

Listing and Financial Details

  • Legal Lot and Block 8B / 2
  • Assessor Parcel Number 40422445
  • $4,146 per year unexempt tax

Community Details

Overview

  • 2,244 Sq Ft Building
  • Golf Hill Add Subdivision

Amenities

  • Community Mailbox

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,729

Year Built

Built in 1983

Lot Details

0

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: 45104
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 89.12656
  • Special Features: None
  • Year Built: 1983

Interior Features

  • Square Footage: 2244.00
  • Windows: Window Coverings
  • Fireplace Features: Wood Burning
  • Interior Amenities: Cable TV Available, High Speed Internet Available
  • Flooring: Carpet, Ceramic Tile, Laminate, Vinyl
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Range, Plumbed for Ice Maker, Refrigerator, Electric Water Heater

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Brick, Siding
  • Patio And Porch Features: Patio

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Number Of Parking Spaces: 4
  • Parking Features: Assigned, Unassigned
  • GarageYN: No

Utilities

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

Condo/Co-op/Association

  • Complex Name: Sappington Town Home
  • Association Type: None

Schools

  • School District: Fort Worth ISD
  • Elementary School: Phillips M
  • Middle School: Monnig
  • High School: Westn Hill
  • School District: Fort Worth ISD
  • Elementary School: Phillips M
  • High School: Westn Hill

Green Features

  • Efficiency: Appliances
  • Smart Home Features Appor Pass Y: No

Lot Info

  • PropertyAttachedYN: No
  • Lot Features: Cul-De-Sac
  • Lot Size Units: Acres
  • Lot Size Area: 0.1650
  • Parcel Number: 40422445
  • Lot Size Acres: 0.1650
  • Lot Size Sq Ft: 7187.4000

Building Info

  • Year Built: 1983
  • Units Total: 2

Multi Family

  • Gross Annual Expenses: 19516.00
  • Gross Annual Income: 64620.00
  • Insurance Expense: 4000
  • Unit Count: 2

Tax Info

  • Unexempt Taxes: 4146
  • TaxBlock: 2
  • Tax Lot: 8B

MLS Schools

  • MiddleOrJuniorSchool: Monnig
  • Middle School Name: Monnig
  • Elementary School Name: Phillips M
  • High School Name: Westn Hill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2022
Sold by
Yohannes Mengsteab
Bought by
Selam Fort Worth Association Inc
Current Estimated Value
$343,194

Purchase Details

Closed on
Aug 26, 2021
Sold by
Gselassie Tesfay and Gselassie Aida W
Bought by
Mengsteab Yohannes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,920
Interest Rate
2.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 6, 2020
Closed on
Jun 22, 2020
Sold by
Granados Esteban and Granados Theresa
Bought by
Gselassie Tesfay and Mengsteab Yohannes
Seller's Agent
Jessica Carter
Real Broker, LLC
Buyer's Agent
Mical Hagos
Real Broker, LLC
List Price
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.46%
Original Mortgage
$150,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 12, 2019
Closed on
Aug 23, 2019
Sold by
Sijapati Avinit and Khati Kriti
Bought by
Granados Esteban and Granados Theresa
Seller's Agent
Avinit Sijapati
Beam Real Estate, LLC
Buyer's Agent
Mary Lou Granados
United Real Estate DFW
List Price
$221,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.56%
Original Mortgage
$142,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 5, 2017
Closed on
Aug 25, 2017
Sold by
Paulk Michael A and Paulk Margit
Bought by
Sijaparti Avinit and Basnyat Sudip Kumar
Seller's Agent
Margit Paulk
RE/MAX Associates of Arlington
Buyer's Agent
George Moozhayil
Dallas Ark, REALTORS
List Price
$189,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.17%
Original Mortgage
$134,250
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2013
Sold by
Illyod Sylvia
Bought by
Panlk Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
3.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 2009
Sold by
Humphrey Stan D and Humphrey Diane M
Bought by
Illyes Sylvia

Purchase Details

Closed on
Jun 19, 2002
Sold by
Rpr Investments Inc
Bought by
Wilson Thomas K and Wilson Louise S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,400
Interest Rate
8.25%
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 Buyer Sale Price Title Company
Selam Fort Worth Association Inc -- Udeshi Law Firm Pllc
Mengsteab Yohannes -- Fidelity National Title
Gselassie Tesfay -- Ort
Granados Esteban -- Metropolitan Escrow & Title
Sijaparti Avinit -- None Available
Panlk Michael A -- Rauikin Title Company
Illyes Sylvia -- Sendera Title
Wilson Thomas K -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mengsteab Yohannes $94,920
Previous Owner Gselassie Tesfay $150,000
Previous Owner Granados Esteban $142,500
Previous Owner Sijaparti Avinit $134,250
Previous Owner Panlk Michael A $86,250
Previous Owner Hyes Sylvia $60,000
Previous Owner Wilson Thomas K $71,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2020 06/23/20 Sold -- -- --
04/19/2020 04/19/20 Pending -- -- --
04/09/2020 04/09/20 Price Changed $205,000 -2.4% $91 / Sq Ft
03/25/2020 03/25/20 For Sale $210,000 0.0% $94 / Sq Ft
02/23/2020 02/23/20 Pending -- -- --
02/06/2020 02/06/20 For Sale $210,000 -5.0% $94 / Sq Ft
08/23/2019 08/23/19 Sold -- -- --
06/16/2019 06/16/19 Pending -- -- --
06/12/2019 06/12/19 For Sale $221,000 +16.4% $98 / Sq Ft
08/28/2017 08/28/17 Sold -- -- --
07/07/2017 07/07/17 Pending -- -- --
07/05/2017 07/05/17 For Sale $189,900 -- $85 / 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 $6,729 $338,485 $57,496 $280,989
2023 $5,655 $249,909 $57,496 $192,413
2022 $7,121 $273,915 $57,496 $216,419
2021 $4,297 $156,642 $57,496 $99,146
2020 $4,146 $156,642 $57,496 $99,146
2019 $4,309 $156,642 $57,496 $99,146
2018 $3,970 $144,330 $40,000 $104,330
2017 $5,148 $181,707 $40,000 $141,707
2016 $4,377 $154,515 $40,000 $114,515
2015 $3,315 $116,800 $16,900 $99,900
2014 $3,315 $116,800 $16,900 $99,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14275894

North Texas Real Estate Information Systems (NTREIS)

APN: 40422445