NOT LISTED FOR SALE

Estimated Value: $643,000 - $820,000

3 Beds
2 Baths
1,500 Sq Ft
$488/Sq Ft Est. Value

Last Sold December 30, 2019

Current estimated payment $4,896/month

Highlights

  • Traditional Architecture
  • Family Room Off Kitchen
  • Bathtub with Shower
  • High Ceiling
  • 2 Car Attached Garage
  • Tile Flooring

About This Home

As of March 2021

Real Estate Investors! This is your opportunity to purchase 1 of 3, newly-constructed multi-family buildings. Days away from full completion. Each building is a Tri-Plex: 3 beds/2baths on the 1st floor; and two, 2beds/2baths units on the 2nd floor. Each unit is nicely done with modern finishes through-out. With 4 major universities (Rice, UST, TSU, & UofH), the Texas Medical Center and it's medical schools, and downtown Houston all just a few miles away, there are many near-by sources of tenants. Don't wait! See this property today and add it to your investment portfolio!

Last Agent to Rent the Property

Joni Wolfswinkel

Real Property Management Prefe License #0559262 Listed on: 01/28/2021

Last Renter's Agent

Porshae' Brown

The Sears Group License #0703750

The Sears Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,530

Year Built

  • Built in 2017

Lot Details

  • 5,360 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Triplex
  • Traditional Architecture

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Family Room Off Kitchen
  • Utility Room
  • Washer and Electric Dryer Hookup
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Schools

  • Thompson Elementary School
  • Cullen Middle School
  • Yates High School

Utilities

  • Central Heating and Cooling System
  • No Utilities

Listing and Financial Details

  • Property Available on 2/5/21
  • Long Term Lease

Community Details

Overview

  • Real Property Management Preferre Association
  • Laboure Estates Subdivision

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit Required

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,530

Year Built

Built in 2017

Lot Details

0

Parking

2

Rental Info

  • Lease Term: Long Term
  • Available Date: 2021-02-05

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Lease
  • Year Built: 2017
  • Lot Size Acres: 0.123
  • Subdivision Name: Laboure Estates
  • Architectural Style: Traditional, Triplex
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Structure Type: Triplex
  • Property Sub Type Additional: Triplex,Multi Family
  • Pets No Pets Comments: PetDepositDescription:Case by case. Mandatory Pet screening to be completed (even if you do not have pets) for each applicant. It will be at no charge to you if you do not have any pets. Please visit https://app.petscreening.com/referral/xehAMZoxPnd7
  • UniversalParcelId: urn:reso:upi:2.0:US:48201:138-620-001-0003
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Microwave
  • Furnished: Unfurnished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: High Ceilings, Kitchen/Family Room Combo, Pantry, Tub Shower, Ceiling Fan(s)
  • Living Area: 1500.0
  • Dining Room Type: Utility Room
  • Stories: 2
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: None
  • Lot Features: Subdivision
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Utilities: None
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: Real Property Management Preferre
  • Pets Allowed: Conditional, Pet Deposit

Schools

  • Elementary School: THOMPSON ELEMENTARY SCHOOL (HOUSTON)
  • Junior High Dist: 27 - Houston
  • High School: YATES HIGH SCHOOL
  • Middle Or Junior School: CULLEN MIDDLE SCHOOL (HOUSTON)

Lot Info

  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2019
Closed on
Dec 30, 2019
Sold by
Houston Secured Development Partners Llc
Bought by
Edionwe Mercy
Seller's Agent
Marty Melchor
Texas Sol Real Estate
Buyer's Agent
Ike Okereke
REALM Real Estate Professionals - West Houston
List Price
$585,000
Current Estimated Value
$731,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.00%
Original Mortgage
$435,000
Outstanding Balance
$385,079
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$346,421

Purchase Details

Closed on
May 8, 2019
Sold by
Pinon Juan Adolfo and Pinon Maria Roselia
Bought by
Houston Parks Board Lgc Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
4%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Edionwe Mercy -- American Title Company
Houston Parks Board Lgc Inc -- Wfg National Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edionwe Mercy $435,000
Previous Owner Houston Parks Board Lgc Inc $345,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2024 10/06/24 Off Market -- -- --
03/09/2021 03/09/21 Rented $1,745 0.0% --
02/07/2021 02/07/21 Under Contract -- -- --
01/28/2021 01/28/21 For Rent $1,745 0.0% --
12/30/2019 12/30/19 Sold -- -- -- View Prior Sale
11/30/2019 11/30/19 Pending -- -- --
04/29/2019 04/29/19 For Sale $585,000 -- $159 / Sq Ft
Source: Houston Association of REALTORS®

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 $12,530 $566,037 $164,016 $402,021
2024 $12,530 $598,856 $164,016 $434,840
2023 $12,530 $594,561 $153,082 $441,479
2022 $13,775 $594,561 $153,082 $441,479
2021 $14,510 $622,552 $125,746 $496,806
2020 $13,817 $544,706 $125,746 $418,960
2019 $13,616 $514,701 $95,676 $419,025
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Houston Association of REALTORS®

MLS Number: 40590294

Houston Association of REALTORS®

APN: 1386200010003