NOT LISTED FOR SALE

4004 Cambridge Dr Killeen, TX 76549

Estimated Value: $448,000 - $517,554

-- Bed
-- Bath
5,281 Sq Ft
$92/Sq Ft Est. Value

Last Sold May 26, 2020

Current estimated payment $3,624/month

18 Days on Market

Highlights

  • Traditional Architecture
  • Covered Patio or Porch
  • Laundry Room
  • No HOA
  • Home Security System
  • Inside Utility

About This Home

As of May 2020

When only the best will do. Four-unit buildings are highly sought after in our market for their income potential, and a rare find nowadays due to demand. I've always had reservations about them as most are cheaply built and jammed together in neighborhoods that I don't feel would bolster long-term value. This property is an exception to all of that. Built to a higher standard, both in style and in quality (includes a fire suppression system), and located primarily around single-family and duplex neighbors, 4004 Cambridge has enjoyed years of steady, profitable rents and low maintenance expenses. One unit is vacant for an owner-occupant - please show that one as they are all the same. The remaining units can be viewed during the option period at the inspection. Likewise, leases, rent roll, and P&L reports for 2018 and 2019 will be made available during option.

Last Agent to Sell the Property

Priscilla Linnemann

Linnemann Realty License #0715159 Listed on: 04/07/2020

Last Buyer's Agent

NON-MEMBER AGENT TEAM

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,724

Year Built

  • Built in 2008

Lot Details

  • 8,777 Sq Ft Lot
  • Privacy Fence
  • Level Lot

Parking

  • 1 Car Garage

Home Design

  • Quadruplex
  • Traditional Architecture
  • Slab Foundation
  • Masonry

Interior Spaces

  • 5,281 Sq Ft Home
  • Property has 2 Levels
  • Inside Utility

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Concrete

Laundry

  • Laundry Room
  • Laundry on lower level
  • Washer and Electric Dryer Hookup

Home Security

  • Home Security System
  • Fire Sprinkler System

Schools

  • Willow Springs Elementary School
  • Palo Alto Middle School
  • Shoemaker High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • City Lot

Community Details

  • No Home Owners Association
  • 4 Units
  • Old 440 Village Subdivision

Listing and Financial Details

  • Legal Lot and Block 19 / 4
  • Assessor Parcel Number 393420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,724

Year Built

Built in 2008

Lot Details

0

Parking

1

Listing Details

  • Architectural Style: Traditional
  • Directions: 190 to Ft Hood St. Head North to Jasper. East on Jasper to Old FM 440. Head North on old FM 440. right on Stealth, left on Vanguard, left on Cambridge.
  • Garage Yn: Yes
  • Inclusions: Building(s),Other Lease Incl-See Remarks
  • Unit Levels: Two
  • Lot Size Acres: 0.2015
  • Lot Size: 77x114
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex,Multi Family
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Building Stories: 2
  • Subdivision Name: Old 440 Village
  • Water Body Name: None
  • Year Built: 2008
  • Special Features: None
  • Stories: 2

Interior Features

  • Accessibility Features: Level Lot
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Concrete
  • Living Area: 5281.0
  • Other Equipment: Satellite Dish
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Type: Brick Veneer, Masonry
  • Exterior Features: Covered Patio, Porch
  • Fencing: Privacy
  • Foundation Details: Slab
  • Lot Features: City Lot, Level
  • Patio And Porch Features: Covered, Patio, Porch
  • Roof: Composition, Shingle
  • View: None
  • View: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Garage, Other, See Remarks

Utilities

  • Cooling: Central Air, Electric, 1 Unit
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Inside, Laundry in Utility Room, Lower Level, Laundry Room, In Unit
  • Security: Security System, Fire Sprinkler System
  • Utilities: Cable Available, Electricity Available, High Speed Internet Available, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: N/A
  • Association: No
  • Community Features: Curbs, Sidewalks

Schools

  • Elementary School: Willow Springs Elementary School
  • High School: Shoemaker High School
  • Junior High Dist: Killeen ISD
  • Middle Or Junior School: Palo Alto Middle School

Lot Info

  • Parcel #: 393420
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 3

Tax Info

  • Tax Block: 4
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2020
Closed on
May 22, 2020
Sold by
Wolford Matthew David and Wolford Roxi M
Bought by
Galloway Aleesha M H and Galloway Tony R
Seller's Agent
Priscilla Linnemann
Linnemann Realty
Buyer's Agent
NON-MEMBER AGENT TEAM
Non Member Office
List Price
$325,000
Current Estimated Value
$486,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.00%
Original Mortgage
$332,475
Outstanding Balance
$295,905
Interest Rate
3.3%
Mortgage Type
VA
Estimated Equity
$190,984

Purchase Details

Listed on
Aug 15, 2014
Closed on
Jan 14, 2015
Sold by
Ojeda Kyong C
Bought by
Wolford Matthew David and Wolford Roxi M
Seller's Agent
Hyon Lamphere
Hl Realty Llc
Buyer's Agent
Mark Crook
Fort Hood Area Assn. Realtors
List Price
$289,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.89%
Original Mortgage
$284,950
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 3, 2009
Sold by
Greathouse Custom Homes Ltd
Bought by
Ojeda Kyong C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.44%
Mortgage Type
Commercial

Purchase Details

Closed on
May 28, 2008
Sold by
Harris Acquisitions Llc
Bought by
Greathouse Custom Homes Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
6.07%
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
Galloway Aleesha M H -- Carothers Abstract & Title
Wolford Matthew David -- Monteith Abstract & Title Co
Ojeda Kyong C -- Cltc
Greathouse Custom Homes Ltd -- Centraland Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galloway Aleesha M H $332,475
Previous Owner Wolford Matthew David $284,950
Previous Owner Ojeda Kyong C $160,000
Previous Owner Greathouse Custom Homes Ltd $172,749
Previous Owner Greathouse Custom Homes Ltd $3,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2020 05/26/20 Sold -- -- --
04/26/2020 04/26/20 Pending -- -- --
04/07/2020 04/07/20 For Sale $325,000 +12.5% $62 / Sq Ft
01/15/2015 01/15/15 Sold -- -- --
12/16/2014 12/16/14 Pending -- -- --
08/15/2014 08/15/14 For Sale $289,000 -- $55 / Sq Ft
Source: Central Texas MLS (CTXMLS)

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 $11,724 $610,591 $56,000 $554,591
2024 $11,724 $588,554 $56,000 $532,554
2023 $11,604 $612,991 $30,000 $582,991
2022 $9,407 $446,981 $30,000 $416,981
2021 $9,055 $376,831 $30,000 $346,831
2020 $8,721 $345,783 $30,000 $315,783
2019 $9,699 $368,309 $19,250 $349,059
2018 $6,878 $280,221 $19,250 $260,971
2017 $6,925 $280,662 $19,250 $261,412
2016 $6,809 $275,970 $19,250 $256,720
2014 $6,200 $251,069 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Texas MLS (CTXMLS)

MLS Number: 406616

Central Texas MLS (CTXMLS)

APN: 393420