NOT LISTED FOR SALE

301 E Brin St Terrell, TX 75160

Estimated Value: $417,255 - $453,000

5 Beds
4 Baths
3,764 Sq Ft
$115/Sq Ft Est. Value

Last Sold May 27, 2021

Current estimated payment $3,162/month

8 Days on Market

Highlights

  • Corner Lot
  • High Speed Internet
  • Large Grassy Backyard
  • Space Heater
  • Many Trees

About This Home

As of May 2021

Great Investment Opportunity. Early 1900's Historic fourplex. NEW ROOF, NEW PORCH, NEW PAINT, NEW WALL HEATERS & WINDOW UNITS IN EACH UNIT. Three units are 1 bed, 1 bath and one unit is a 2 bed, 1 bath. Each unit has its own entrance with upstairs units entry through beautiful common area with historic stair case. Terrell has excellent rental market and this fourplex stays 100% leased. Unit 2 & 4 are long-time tenants. Unit 1 has been there 2 years and wished to stay another 2. Unit 2 just moved in on a 6 month lease.
Unit square footage is appx. Buyer to verify all information. List of unit updates in documents.
DO NOT DISTURB TENANTS

Last Agent to Sell the Property

Stacy Simon

Mersal Realty License #0676078 Listed on: 04/17/2021

Mersal Realty

Last Buyer's Agent

Kobby Boakye

Bryan Bjerke

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 0.26 Acre Lot
  • Corner Lot
  • Many Trees
  • Large Grassy Backyard

Home Design

  • Quadruplex
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Siding

Interior Spaces

  • 3,764 Sq Ft Home
  • 2-Story Property
  • Gas Cooktop

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Car Garage
  • Front Facing Garage
  • Side Facing Garage
  • On-Street Parking
  • Open Parking

Schools

  • Burnett Elementary School
  • Furlough Middle School
  • Terrell High School

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Individual Gas Meter
  • Master Water Meter
  • High Speed Internet
  • Cable TV Available

Community Details

  • 3,764 Sq Ft Building
  • Terrell Original Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / 44
  • Assessor Parcel Number 40118
  • $4,190 per year unexempt tax

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 28740
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 90.32944
  • Special Features: None
  • Year Built: 1910

Interior Features

  • Square Footage: 3764.00
  • Interior Amenities: Cable TV Available, High Speed Internet Available
  • Appliances: Gas Cooktop

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 5

Exterior Features

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

Garage/Parking

  • Cooling System: Window Unit(s)
  • Number Of Parking Spaces: 4
  • Parking Features: Garage Faces Front, Garage Faces Side, On Street, Open
  • GarageYN: No

Utilities

  • Heating: Space Heater
  • Utilities: City Sewer, City Water, Individual Gas Meter, Master Water Meter

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Terrell ISD
  • Elementary School: Burnett
  • High School: Terrell

Lot Info

  • PropertyAttachedYN: No
  • Lot Features: Corner Lot, Lrg. Backyard Grass, Many Trees
  • Lot Size Units: Acres
  • Lot Size Area: 0.2640
  • Parcel Number: 40118
  • Lot Size Acres: 0.2640
  • Lot Size Sq Ft: 11499.8400

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1910
  • Units Total: 4

Multi Family

  • Gross Annual Expenses: 4200.00
  • Gross Annual Income: 32940.00
  • Tenancy: Over 9 Months
  • Unit Count: 3

Tax Info

  • Unexempt Taxes: 4190
  • TaxBlock: 44
  • Tax Lot: 2

MLS Schools

  • MiddleOrJuniorSchool: Furlough
  • Middle School Name: Furlough
  • Elementary School Name: Burnett
  • High School Name: Terrell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2021
Closed on
May 27, 2021
Sold by
Simon Stacy
Bought by
Nagulappally Spurthi and Manoharan Ashok
Seller's Agent
Stacy Simon
Mersal Realty
Buyer's Agent
Kobby Boakye
Bryan Bjerke
List Price
$299,000
Current Estimated Value
$437,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.44%
Original Mortgage
$272,000
Outstanding Balance
$246,645
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$186,773

Purchase Details

Closed on
Jun 19, 2018
Sold by
Valdez Eduardo and Valdez Joy
Bought by
Simon Stacy
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
Nagulappally Spurthi -- None Listed On Document
Nagulapally Spurthi -- Tiago Title Llc Dallas
Nagulappally Spurthi -- None Listed On Document
Simon Stacy -- Tiago Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nagulappally Spurthi $272,000
Closed Nagulapally Spurthi $272,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2021 05/27/21 Sold -- -- --
04/25/2021 04/25/21 Pending -- -- --
04/17/2021 04/17/21 For Sale $299,000 -- $79 / 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 $10,434 $475,836 $63,940 $411,896
2024 $10,434 $444,361 $54,625 $389,736
2023 $9,184 $390,000 $48,875 $341,125
2022 $9,181 $351,813 $48,875 $302,938
2021 $5,787 $209,308 $48,875 $160,433
2019 $4,409 $142,630 $11,500 $131,130
2018 $2,370 $77,660 $17,250 $60,410
2017 $2,367 $77,660 $17,250 $60,410
2016 $2,241 $73,520 $17,250 $56,270
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Stacy Simon

    Mersal Realty

    (469) 363-7973

    1 in this area

    27 Total Sales

    Stacy Simon
    Section Image

  • K

    Buyer's Agent in 2021

    Kobby Boakye

    Bryan Bjerke

    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14557956

North Texas Real Estate Information Systems (NTREIS)

APN: 40118

Texas Kaufman County Terrell 75160

301 E Brin St, Terrell, TX

Not Listed for Sale

MultiFamily

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