NOT LISTED FOR SALE

Estimated Value: $509,000

8 Beds
1 Bath
4,500 Sq Ft
$113/Sq Ft Est. Value

Last Sold August 31, 2012

Current estimated payment $3,160/month

1 Day on Market

Highlights

  • No HOA
  • Tile Flooring
  • Partially Fenced Property
  • Oppe Elementary School Rated A-
  • Ceiling Fan

About This Home

As of August 2012

SHORT SALE. Fourplex built in 2001. Large rooms, extra large closets, all appliances, washer/dryer in each unit. Large linen closet in bath, and roomypantry in kitchen. Off street parking for tenants. Units are Section 8 approved. Units are on separate meters and tenants pay their own utilities. Owner is licensed Texas Real Estate agent. 100% occupied.

Last Buyer's Agent

Non Member

Non Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,961

Year Built

  • Built in 2000

Lot Details

  • 5,160 Sq Ft Lot
  • Lot Dimensions are 120 x 43
  • Partially Fenced Property
  • Wood Fence

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 8 Bedrooms
  • 4,500 Sq Ft Home
  • Ceiling Fan
  • Tile Flooring
  • Washer and Dryer Hookup

Utilities

  • Separate Meters
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 4 Units
  • Galveston Townsite Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 350502770012000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,961

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1185
  • Lot Size: 120 x 43
  • Subdivision Name: Galveston Townsite
  • Directions: From I-45 continue on Broadway to 37th St. Left on 37th. Left on Sealy. Property will be on your right.
  • Year Built: 2000
  • NAV16_Elevator: N/A
  • NAV16_Alarm: N/A
  • NAV16_Cable_TV: No
  • NAV16_GasYN: No
  • NAV16_Pool_Svcs: No
  • NAV16_Trash_Collection: No
  • Special Features: 12

Interior Features

  • Appliances: 2 Bedroom Unit: Dishwasher,Disposal,Oven/Range,Refrigerator,Washer/Dryer,Washer/Dryer Hookup
  • Total Bedrooms: 8
  • Flooring: Tile
  • Interior Amenities: 2 Bedroom Unit: Ceiling Fan(s)
  • Living Area: 4500

Exterior Features

  • Fencing: Wood, Partial
  • Construction Type: Brick
  • Foundation Details: Slab
  • Roof: Composition

Utilities

  • Laundry Features: Washer Dryer Hookup (2 Bedroom Unit)
  • Cooling: Ceiling Fan(s)
  • Electricity On Property: No
  • Utilities: Separate Meters, Cable Connected, Water Connected, Electricity Connected, Natural Gas Connected, Phone Connected

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 5160
  • Parcel #: 350502770012000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3961

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2012
Closed on
Aug 28, 2012
Sold by
Schick Jerri
Bought by
Al Rifai Sam and Al Rifai Martha
Buyer's Agent
Non Member
Non Member
List Price
$135,000
Current Estimated Value
$509,000

Purchase Details

Closed on
Apr 19, 2006
Sold by
Offutt Arlen and Offutt Betty
Bought by
Schick Jerri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.32%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 11, 2005
Sold by
Middleton Steven and Middleton Alison
Bought by
Schick Jerri and Offutt Arlen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
5.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 15, 2004
Sold by
Rodriguez Alfred
Bought by
Middleton Steven and Middleton Alison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
6.32%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 29, 1999
Sold by
Cabrera Manuel G and Cabrera Melva Benitez
Bought by
Rodriguez Alfred
Source: Public Records

Range of Values:

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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
Al Rifai Sam -- None Available
Schick Jerri -- Fidelity National Title
Schick Jerri -- Chicago Title West Beach
Middleton Steven -- Stewart Title Company
Rodriguez Alfred -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Al Rifai Osama $318,000
Previous Owner Schick Jerri $50,000
Previous Owner Schick Jerri $195,000
Previous Owner Schick Jerri $193,500
Previous Owner Middleton Steven $171,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2012 08/31/12 Sold -- -- --
04/26/2012 04/26/12 Pending -- -- --
04/24/2012 04/24/12 For Sale $135,000 -- $30 / Sq Ft
Source: Galveston 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
2024 $4,705 $339,800 $75,540 $264,260
2023 $4,705 $267,570 $7,220 $260,350
2022 $4,159 $206,300 $7,220 $199,080
2021 $4,666 $206,300 $7,220 $199,080
2020 $4,368 $182,250 $7,220 $175,030
2019 $4,406 $178,680 $7,220 $171,460
2018 $4,422 $178,680 $7,220 $171,460
2017 $4,369 $178,680 $7,220 $171,460
2016 $4,368 $178,660 $7,220 $171,440
2015 $4,307 $174,030 $7,220 $166,810
2014 $4,247 $169,400 $7,220 $162,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Galveston Association of REALTORS®

MLS Number: 20121275

APN: 3505-0277-0012-000