NOT LISTED FOR SALE

Estimated Value: $538,951 - $652,000

4 Beds
2 Baths
3,763 Sq Ft
$159/Sq Ft Est. Value

Last Sold August 23, 2019

Current estimated payment $3,959/month

61 Days on Market

Highlights

  • Property is near public transit
  • Programmable Thermostat
  • Central Heating and Cooling System
  • Wood Flooring
  • 1-Story Property
  • Ceiling Fan

About This Home

As of August 2019

Beautiful, turnkey investment opportunity in Independence Heights/Garden Oaks! 4 units consisting of one triplex and one cottage. The main house (Unit A) has 4 bedrooms/1 bath. The attached property at the front (Unit B) has 3 bedrooms/1 bath. The third unit (C) in the back of main house has 2 bedrooms/1 bathroom. AND there is a detached cottage (unit D) which has 1 Bedroom/1 bath.All units have separate electric meters and A, B and C were completely remodeled with new central A/C units in 2018. Property D was just rehabbed. The entire property’s electrical was also done in 2018.Potential gross income for all 4 units of $4,300 p/mo. Currently units A & B are rented ($2,800 p/mo.) & 2 just vacated which were bringing in $1,500 p/mo. Water meter is common and paid by owner (average $150 p/mo.) but can easily be split if desired. DO NOT disturb Tenants! Interior shown with an accepted offer; photos are posted.Drive by only, no sign outside.Agent related to Owner. Never flooded.

Last Agent to Sell the Property

Carol Parrish

Champions NextGen Real Estate License #0702406 Listed on: 05/23/2019

Last Buyer's Agent

Breanna Holzscherer

StepStone Realty LLC License #0716406

StepStone Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,377

Year Built

  • Built in 1960

Lot Details

  • 9,000 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Quadruplex
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 4 Bedrooms
  • 3,763 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile
  • Vinyl Plank
  • Vinyl

Parking

  • 2 Parking Spaces
  • Paved Parking

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Thermostat

Location

  • Property is near public transit

Schools

  • Kennedy Elementary School
  • Williams Middle School
  • Washington High School

Utilities

  • Central Heating and Cooling System
  • Programmable Thermostat
  • Cable TV Available

Community Details

  • 4 Units
  • Oakridge Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,377

Year Built

Built in 1960

Lot Details

9,000 Sq Ft Lot

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Year Built: 1960
  • Subdivision Name: Oakridge
  • Architectural Style: Fourplex
  • Unit Levels: One
  • New Construction: No
  • Efficiency: HVAC, Lighting, Thermostat
  • Property Sub Type Additional: Quadruplex
  • UniversalParcelId: urn:reso:upi:2.0:US:48201:057-187-000-0026
  • Special Features: None

Interior Features

  • Other Equipment: Satellite Dish
  • Total Bedrooms: 4
  • Flooring: Plank, Tile, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Programmable Thermostat
  • Living Area: 3763.0
  • Window Features: Window Coverings

Exterior Features

  • Disclosures: Other, Seller Disclosure
  • Roof: Composition
  • Fencing: Partial
  • Lot Features: Near Public Transit, Subdivision
  • Construction Type: Cement Siding

Garage/Parking

  • Parking Features: Paved

Utilities

  • Utilities: Cable Available, Electricity Available, Water Available
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Fire Alarm
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Schools

  • Elementary School: KENNEDY ELEMENTARY SCHOOL (HOUSTON)
  • Junior High Dist: 27 - Houston
  • High School: WASHINGTON HIGH SCHOOL
  • Middle Or Junior School: WILLIAMS MIDDLE SCHOOL

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4377.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2019
Closed on
Aug 21, 2019
Sold by
Parrish Frank and Parrish Carol
Bought by
Rodriguez Eric S and Holzscherer Breanna
Seller's Agent
Carol Parrish
Champions NextGen Real Estate
Buyer's Agent
Breanna Holzscherer
StepStone Realty LLC
List Price
$498,000
Current Estimated Value
$597,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.54%
Original Mortgage
$466,396
Outstanding Balance
$413,339
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$183,978

Purchase Details

Closed on
Oct 17, 2018
Sold by
Parrish Frank Roland
Bought by
Parrish Frank and Parrish Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2017
Sold by
Funk William and Funk Chris
Bought by
Parrish Frank Roland

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,500
Interest Rate
3.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 27, 2017
Sold by
Benito Marcelo
Bought by
Funk Willima and Funk Chris

Purchase Details

Closed on
May 31, 2005
Sold by
Bbb Real Estate Partners Ltd
Bought by
Benito Marcelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
5.79%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 18, 2005
Sold by
Benito Marcelo
Bought by
Bbb Real Estate Partners Ltd

Purchase Details

Closed on
Jul 25, 2001
Sold by
Guiterrez Raul and Guiterrez Bella
Bought by
Benito Marcelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,910
Interest Rate
7.07%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Rodriguez Eric S -- None Available
Parrish Frank -- None Available
Parrish Frank Roland -- None Available
Funk Willima -- None Available
Benito Marcelo -- --
Bbb Real Estate Partners Ltd -- --
Benito Marcelo -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Eric S $466,396
Previous Owner Parrish Frank $244,500
Previous Owner Parrish Frank Roland $244,500
Previous Owner Benito Marcelo $76,000
Previous Owner Benito Marcelo $80,910
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2024 08/18/24 Off Market -- -- --
08/23/2019 08/23/19 Sold -- -- --
07/24/2019 07/24/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $498,000 -- $132 / Sq Ft
Source: Houston Association of REALTORS®

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 $9,809 $468,656 $225,000 $243,656
2024 $9,809 $468,800 $225,000 $243,800
2023 $9,809 $468,800 $225,000 $243,800
2022 $10,109 $459,100 $180,000 $279,100
2021 $11,534 $494,900 $135,000 $359,900
2020 $11,425 $471,800 $135,000 $336,800
2019 $10,534 $416,300 $108,000 $308,300
2018 $4,377 $172,961 $103,500 $69,461
2017 $3,905 $154,445 $86,250 $68,195
2016 $3,905 $154,445 $86,250 $68,195
2015 $3,468 $142,679 $51,750 $90,929
2014 $3,468 $134,892 $51,750 $83,142
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 10080813

Houston Association of REALTORS®

APN: 0571870000026

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