NOT LISTED FOR SALE

Estimated Value: $211,000 - $382,334

4 Beds
4 Baths
2,576 Sq Ft
$115/Sq Ft Est. Value

Last Sold August 15, 2019

Current estimated payment $1,942/month

153 Days on Market

Highlights

  • Balcony
  • Wood Siding
  • Carpet
  • Central Heating and Cooling System

About This Home

As of August 2019

Excellent cashflowing Fourplex 6 minutes from Downtown Houston, and just blocks away from I-69 and I-610. Fully rented now, income is $3100 per month and could be increased! Major items remodeled include: new paint job all throughout the property with luxurious finishes, new soffit, windows, siding, a completely remodeled hallway that connects units upstairs, installed brand new balcony rails around the building, and a modern fence around the property. Additional amenities include new water boiler installed along with new windows and AC units where needed. Please email us for income and expense evaluation, plus market analysis. To schedule an appointment, please provide proof of funds.

Last Agent to Sell the Property

Boris Sanchez

Sanmore Realty License #0655101 Listed on: 02/12/2019

Last Buyer's Agent

Boris Sanchez

Sanmore Realty License #0655101 Listed on: 02/12/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,190

Year Built

  • Built in 1948

Lot Details

  • 6,250 Sq Ft Lot
  • Cleared Lot

Parking

  • 1 Parking Space

Home Design

  • Quadruplex
  • Shingle Roof
  • Wood Roof
  • Wood Siding

Interior Spaces

  • 4 Bedrooms
  • 2,576 Sq Ft Home
  • 2-Story Property
  • Carpet

Outdoor Features

  • Balcony

Schools

  • Kashmere Gardens Elementary School
  • Key Middle School
  • Kashmere High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

Overview

  • 4 Units
  • Wilshire Place Add Subdivision

Building Details

  • Operating Expense $998
  • Gross Income $2,900
  • Net Operating Income $22,124

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,190

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1948
  • Subdivision Name: Wilshire Place Add
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • New Construction: No
  • Property Sub Type Additional: Quadruplex
  • UniversalParcelId: urn:reso:upi:2.0:US:48201:067-075-002-0036
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Refrigerator
  • Total Bedrooms: 4
  • Flooring: Carpet
  • Interior Amenities: Balcony
  • Living Area: 2576.0

Exterior Features

  • Disclosures: Owner Is Listing Agent, Seller Disclosure
  • Roof: Shingle, Wood
  • Lot Features: Cleared
  • Construction Type: Wood Siding

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Cooling: Central Air, Electric, Other
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes

Schools

  • Elementary School: KASHMERE GARDENS ELEMENTARY SCHOOL
  • Junior High Dist: 27 - Houston
  • High School: KASHMERE HIGH SCHOOL
  • Middle Or Junior School: KEY MIDDLE SCHOOL

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1190.0

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 2900.0
  • Property Net Operating Income: 22124.0
  • Annual Operating Expense: 998.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2019
Closed on
Aug 13, 2019
Sold by
Sanmore Investments Llc
Bought by
Green Justin and Green James T
Seller's Agent
Boris Sanchez
Sanmore Realty
Buyer's Agent
Boris Sanchez
Sanmore Realty
List Price
$285,000
Current Estimated Value
$296,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.10%
Original Mortgage
$180,000
Outstanding Balance
$157,304
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$139,530

Purchase Details

Closed on
Dec 28, 2018
Sold by
Cavazos Ruben
Bought by
Sanmore Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2012
Sold by
Sanchez Edna Marcelina and Covarrubias Robert
Bought by
Angel Mortgage Income Resources

Purchase Details

Closed on
Oct 12, 2004
Sold by
First Capital Interest Llc
Bought by
Sanchez Edna Marcelina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,500
Interest Rate
5.8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 4, 2003
Sold by
Smith Gene Artie and Barry Martin
Bought by
First Capital Interest Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Green Justin -- None Available
Sanmore Investments Llc -- None Available
Angel Mortgage Income Resources -- None Available
Sanchez Edna Marcelina -- --
First Capital Interest Llc $17,001 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green Justin $180,000
Previous Owner Sanmore Investments Llc $136,500
Previous Owner Sanchez Edna Marcelina $47,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2024 08/18/24 Off Market -- -- --
08/15/2019 08/15/19 Sold -- -- --
07/16/2019 07/16/19 Pending -- -- --
02/12/2019 02/12/19 For Sale $285,000 -- $111 / 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 $4,486 $239,064 $47,319 $191,745
2024 $4,486 $214,375 $38,844 $175,531
2023 $4,486 $248,359 $31,781 $216,578
2022 $4,522 $205,352 $21,188 $184,164
2021 $3,786 $162,441 $21,188 $141,253
2020 $3,007 $124,155 $14,125 $110,030
2019 $1,524 $60,245 $11,653 $48,592
2018 $1,192 $47,102 $11,653 $35,449
2017 $1,191 $47,102 $11,653 $35,449
2016 $1,164 $46,043 $10,594 $35,449
2015 $1,026 $51,452 $12,250 $39,202
2014 $1,026 $39,903 $12,250 $27,653
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 46846850

Houston Association of REALTORS®

APN: 0670750020036