NOT LISTED FOR SALE

Estimated Value: $444,000 - $522,000

8 Beds
4 Baths
3,510 Sq Ft
$134/Sq Ft Est. Value

Last Sold December 27, 2021

Current estimated payment $3,209/month

13 Days on Market

Highlights

  • 11,201 Sq Ft lot
  • Wood Flooring
  • Central Heating and Cooling System
  • A&M Consolidated Middle School Rated A
  • No HOA
  • Ceiling Fan

About This Home

As of December 2021

Take advantage of this excellent investment opportunity to own a fourplex building within 2 miles of Texas A&M University. Residents take advantage of the close proximity to campus as well as its walking distance to the beautiful Wolf Pen Creek Amphitheater, park, and trails and close to the TAMU bus route. Each unit has the same floorplan with 2 bedrooms and 1.5 bathrooms. The downstairs units have large fenced back yards. All appliances are provided for the tenants, including the washer and dryer in each unit. Rental rates are $725-$800 per month, per unit. The owner pays for water and lawn service. Tenants pay all other utilities. This property has been professionally managed with screened and vetted tenants. 307 Manuel may be bought alone or as a package with multiple buildings offered for sale on Manuel Drive. There are a total of 7 buildings for sale on 301-313 Manuel Dr.

Last Agent to Sell the Property

Kathy Scott

TX Prime RE/Blue Ribbon PM License #0589435 Listed on: 11/13/2021

Last Buyer's Agent

Troy Weigand

Coldwell Banker Apex, REALTORS License #0533258

Coldwell Banker Apex, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,358

Year Built

  • Built in 1981

Lot Details

  • 0.26 Acre Lot
  • Wood Fence
  • Chain Link Fence

Parking

  • Paved Parking

Home Design

  • Quadruplex
  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,510 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Laundry

  • Dryer
  • Washer

Schools

  • College Hills Elementary School
  • Oakwood Intermediate School
  • College Station High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 4 Units
  • K F O Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 1
  • Assessor Parcel Number 30336

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,358

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Directions: From the TAMU main entrance drive south on Texas Ave. Turn left/east on Manuel. Property on the left.
  • Unit Levels: Two
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Subdivision Name: K F O
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator, Dryer, Electric Water Heater, Water Heater, Washer
  • Flooring: Carpet, Wood
  • Furnished: Unfurnished
  • Dining Room Type: Dining Room, Family Room, Kitchen

Exterior Features

  • Construction Type: Frame, Stucco
  • Fencing: Chain Link, Wood
  • Roof: Shingle

Garage/Parking

  • Parking Features: Paved

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Elementary School: College Hills Elementary
  • High School: College Station High School
  • Junior High Dist: College Station
  • Middle Or Junior School: Oakwood Intermediate School,A&M Consolidated Middl

Lot Info

  • Lot Size Sq Ft: 11201.0
  • Parcel #: 30336
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Block: 1
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2023
Sold by
Ghavami Shahri Seyed Mohsen
Bought by
Pertex Realty Llc Rs 307 Manuel
Current Estimated Value
$470,000

Purchase Details

Listed on
Nov 13, 2021
Closed on
Dec 21, 2021
Sold by
Stoneridge Texas Llc
Bought by
Shahri Seyed Mohsen Ghavami
Seller's Agent
Kathy Scott
TX Prime RE/Blue Ribbon PM
Buyer's Agent
Troy Weigand
Coldwell Banker Apex, REALTORS
List Price
$384,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.88%
Original Mortgage
$285,000
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2017
Sold by
Mcgilvray Brian P and Mcgilvray Teresa U
Bought by
Stoneridge Texas Llc

Purchase Details

Closed on
May 11, 2017
Sold by
Koseoglu Semih Sefa and Koseoglu Pia Rosell
Bought by
Mcgilvray Brian P and Mcgilvray Teresa U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2009
Sold by
Sundstrom Chad and Sundstrom Jennifer
Bought by
Koseoglu Semih Sefa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,000
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2006
Sold by
Manuel Drive Rentals Partners Ltd
Bought by
Sundstrom Chad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,200
Interest Rate
7.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Pertex Realty Llc Rs 307 Manuel -- None Listed On Document
Shahri Seyed Mohsen Ghavami -- Utitle
Stoneridge Texas Llc -- None Available
Mcgilvray Brian P -- Utitle
Mcgilvray Brian P -- Utitle
Koseoglu Semih Sefa -- Lawyers Title Co
Sundstrom Chad -- University Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shahri Seyed Mohsen Ghavami $285,000
Previous Owner Mcgilvray Brian P $220,000
Previous Owner Koseoglu Semih Sefa $481,000
Previous Owner Sundstrom Chad $147,200
Previous Owner Sundstrom Chad $36,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2021 12/27/21 Sold -- -- --
11/27/2021 11/27/21 Pending -- -- --
11/13/2021 11/13/21 For Sale $384,500 -- $110 / Sq Ft
Source: Bryan-College Station Regional Multiple Listing Service

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
2023 $7,358 $449,213 $105,181 $344,032
2022 $7,996 $375,027 $96,011 $279,016
2021 $5,373 $237,877 $84,009 $153,868
2020 $5,502 $242,273 $84,009 $158,264
2019 $5,592 $236,680 $84,010 $152,670
2018 $5,394 $226,600 $71,100 $155,500
2017 $5,397 $229,300 $71,100 $158,200
2016 $4,975 $211,400 $60,460 $150,940
2015 $4,538 $211,400 $60,460 $150,940
2014 $4,538 $195,800 $56,950 $138,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bryan-College Station Regional Multiple Listing Service

MLS Number: 21015564

Bryan-College Station Regional Multiple Listing Service

APN: 30336