Seller's Agent in 2023
Cameron Seale
Williams & Company Real Estate
(806) 773-0821
4 in this area
89 Total Sales
3302 Salisbury Ave Lubbock, TX 79410
Coronado NeighborhoodEstimated Value: $165,000 - $317,000
2
Beds
1
Bath
3,200
Sq Ft
$86/Sq Ft
Est. Value
Highlights
- No HOA
- Fireplace
- Central Heating and Cooling System
About This Home
As of June 2023Great opportunity to own a 100% leased 4-unit investment property! This quadplex currently has total rents at $3,045/month with room to increase. Situated in central Lubbock, adjacent to Coronado High School and just a short drive to Texas Tech University, Covenant Hospital, UMC, restaurants, grocery & retail. Located just off Marsha Sharp Freeway, this property offers quick and easy access to southwest Lubbock, or the downtown area. Each unit offers 800sqft with 2 bedrooms, 1 bathroom, vinyl plank flooring in the kitchen and living areas and a fireplace, perfectly set up for a small family, a couple of roommates, or to enjoy by yourself. Can be purchased individually or as a package with 3206 & 3304 Salisbury for a total of 12 units.
Last Agent to Sell the Property
Williams & Company Real Estate License #0688378 Listed on: 03/29/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,568
Year Built
- Built in 1978
Lot Details
- 9,932 Sq Ft Lot
Parking
- Off-Street Parking
Home Design
- Quadruplex
- Brick Exterior Construction
- Composition Roof
- Vinyl Siding
Interior Spaces
- 3,200 Sq Ft Home
- Fireplace
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number R46354
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 29, 2023
Closed on
Jun 15, 2023
Sold by
3302 Salisbury Llc
Bought by
3302 Salisbury Llc
Seller's Agent
Cameron Seale
Williams & Company Real Estate
Buyer's Agent
Jordan Sutherland
Sutherland, REALTORS
List Price
$315,000
Views
57
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.65%
Original Mortgage
$253,600
Outstanding Balance
$83,195
Interest Rate
7%
Mortgage Type
Credit Line Revolving
Estimated Equity
$193,029
Purchase Details
Closed on
Dec 8, 2020
Sold by
Walpole Lincoln
Bought by
3302 Sallsbury Llc
Purchase Details
Closed on
Oct 24, 2019
Sold by
Br & K Enterprises Llc
Bought by
Walpole Lincoln
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 15, 2016
Sold by
Gollapally Sudha
Bought by
Tycorp Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
3.42%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Mar 12, 2015
Sold by
Gollapally Rajsheker and Sudha Rani
Bought by
Tycorp Llc
Purchase Details
Closed on
Feb 15, 2013
Sold by
Wood Barry James and Wood Barry James
Bought by
Gollapally Rajsheker and Gollapally Sudha Rani
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,375
Interest Rate
3.44%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 26, 2006
Sold by
Johnson Ricky M and R & C Rentals
Bought by
Wood Barry James and Barry James Wood Revocable Tru
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
6.32%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 3302 Salisbury Llc | -- | None Listed On Document | |
| 3302 Sallsbury Llc | -- | None Available | |
| Walpole Lincoln | -- | None Available | |
| Tycorp Llc | -- | Services Title | |
| Tycorp Llc | -- | -- | |
| Gollapally Rajsheker | -- | Western Title Company | |
| Wood Barry James | -- | Stc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 3302 Salisbury Llc | $253,600 | |
| Previous Owner | Walpole Lincoln | $157,500 | |
| Previous Owner | Tycorp Llc | $365,000 | |
| Previous Owner | Gollapally Rajsheker | $84,375 | |
| Previous Owner | Wood Barry James | $82,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2023 06/20/23 | Sold | -- | -- | -- |
| 05/09/2023 05/09/23 | Pending | -- | -- | -- |
| 04/13/2023 04/13/23 | For Sale | $315,000 | 0.0% | $98 / Sq Ft |
| 04/03/2023 04/03/23 | Pending | -- | -- | -- |
| 03/29/2023 03/29/23 | For Sale | $315,000 | -- | $98 / Sq Ft |
Source: Lubbock Association of REALTORS®
Tax History Compared to Growth
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 | $5,568 | $306,639 | $17,381 | $289,258 |
| 2023 | $3,306 | $177,829 | $17,381 | $160,448 |
| 2022 | $3,600 | $177,829 | $17,381 | $160,448 |
| 2021 | $3,562 | $166,325 | $17,381 | $148,944 |
| 2020 | $3,617 | $166,325 | $17,381 | $148,944 |
| 2019 | $2,489 | $110,856 | $17,381 | $93,475 |
| 2018 | $2,492 | $110,856 | $17,381 | $93,475 |
| 2017 | $2,495 | $110,856 | $17,381 | $93,475 |
| 2015 | $2,461 | $110,695 | $17,381 | $93,314 |
| 2014 | $2,461 | $110,695 | $17,381 | $93,314 |
Source: Public Records
Agents Affiliated with this Home
-
Cameron Seale
-
Jordan Sutherland
Buyer's Agent in 2023
Jordan Sutherland
Sutherland, REALTORS
(806) 773-1929
8 in this area
179 Total Sales
Map
Source: Lubbock Association of REALTORS®
MLS Number: 202302900
APN: R46354
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