NOT LISTED FOR SALE

Estimated Value: $667,000 - $1,450,435

7 Beds
7 Baths
5,934 Sq Ft
$199/Sq Ft Est. Value

Last Sold November 28, 2022

Current estimated payment $7,829/month

5 Days on Market

Highlights

  • Vaulted Ceiling
  • Loft
  • Window Unit Cooling System
  • Wood Flooring
  • Corner Lot
  • Patio

About This Home

As of November 2022

Unique opportunity in Monticello-main house duplex (up & down units) at 404 Monticello Dr and adjoining lot with triplex (1 unit down, 2 units up) at 3562 W 4th St being sold as a multi-parcel listing. Keep as an investment property, develop as a B Two Family property or combine both lots for a single home. The main house units each have 2 bedrooms and 2 baths. The downstairs unit has formal living and dining rooms, small study and an office as well as access to 2 decked patios. The triplex has 2 upstairs units each with 1 bedroom and 1 bath, efficient kitchen and spacious living area. Downstairs unit of triplex has spacious living area open to kitchen, 1 bedroom, 1 bath and a bonus room. Covered parking for 5 cars. This listings includes 2 lots and must be purchased together.

Last Agent to Sell the Property

Gaye Reed

Coldwell Banker Realty License #0499356 Listed on: 09/16/2022

Coldwell Banker Realty

Last Buyer's Agent

Ted Olsen

Compass RE Texas, LLC License #0613466

Compass RE Texas, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,256

Year Built

  • Built in 1941

Lot Details

  • 0.34 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • No Backyard Grass
  • Corner Lot
  • Many Trees

Home Design

  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 5,934 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Decorative Lighting
  • Gas Log Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Loft

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 5 Parking Spaces
  • 5 Carport Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

  • N Hi Mt Elementary School
  • Stripling Middle School
  • Arlngtnhts High School

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Overhead Utilities
  • Individual Gas Meter
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 5 Units
  • 5,934 Sq Ft Building
  • Monticello Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 21R / 15
  • Assessor Parcel Number 01800043
  • $14,762 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,256

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Unit Levels: Two
  • Security: Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 21877
  • Notice Surveillance Devices Pres: None
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 162.62218
  • Attribution Contact: 817-924-4144
  • Special Features: None
  • Year Built: 1941

Interior Features

  • Square Footage: 5934.00
  • Windows: Skylights(s), Window Coverings
  • Fireplace Features: Gas, Gas Logs, Living Room
  • Interior Amenities: Cable TV Available, Decorative Lighting, High Speed Internet Available, Loft, Vaulted Ceiling(s)
  • Flooring: Carpet, Ceramic Tile, Vinyl, Wood
  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Electric Water Heater, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Fireplaces: 1

Beds/Baths

  • Full Bathrooms: 7
  • Total Bedrooms: 7

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier, Slab
  • Fencing: Partial
  • Roof: Composition, Shingle
  • Construction Materials: Brick, Frame
  • Patio And Porch Features: Patio

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric, Window Unit(s)
  • Carport Spaces: 5
  • Total Covered Spaces: 5
  • Number Of Parking Spaces: 5
  • Parking Features: Covered, Open

Utilities

  • Heating: Central, Electric
  • Utilities: Asphalt, Cable Available, City Sewer, City Water, Curbs, Individual Gas Meter, Individual Water Meter, Natural Gas Available, Overhead Utilities

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Fort Worth ISD
  • Elementary School: N Hi Mt
  • Middle School: Stripling
  • High School: Arlngtnhts
  • School District: Fort Worth ISD

Lot Info

  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Corner Lot, Landscaped, Many Trees, No Backyard Grass
  • Lot Size Units: Acres
  • Lot Size Area: 0.3400
  • Parcel Number: 01800043
  • Lot Size Acres: 0.3400
  • Lot Size Sq Ft: 14810.4000
  • Assessor Parcel Number 2: 01800035

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1941
  • Units Total: 5

Multi Family

  • Gross Annual Expenses: 26851.00
  • Gross Annual Income: 48728.00
  • Insurance Expense: 2368
  • Tenancy: Month to Month, No Smoking, Over 9 Months, Pet Restrictions
  • Unit Count: 4

Tax Info

  • Unexempt Taxes: 14762
  • TaxBlock: 15
  • Tax Lot: 21R

MLS Schools

  • Middle School Name: Stripling
  • Elementary School Name: N Hi Mt
  • High School Name: Arlngtnhts

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2024
Sold by
Fort Flosi Ventures Llc
Bought by
Fort Flosi Ventures Llc-Series 404
Current Estimated Value
$1,182,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Outstanding Balance
$675,808
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$506,301

Purchase Details

Listed on
Sep 16, 2022
Closed on
Nov 28, 2022
Sold by
Benge William D and Benge Sharon J
Bought by
Fort Flosi Ventures Llc
Seller's Agent
Gaye Reed
Coldwell Banker Realty
Buyer's Agent
Ted Olsen
Compass RE Texas, LLC
List Price
$884,000
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.02%
Original Mortgage
$1,050,400
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2001
Sold by
Lawrence M Elizabeth
Bought by
Benge William D and Benge Sharon J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
7.2%
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
Fort Flosi Ventures Llc-Series 404 -- Mcknight Title
Fort Flosi Ventures Llc-Series 404 -- Mcknight Title
Fort Flosi Ventures Llc -- Mcknight Title
Benge William D -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fort Flosi Ventures Llc-Series 404 $680,000
Closed Fort Flosi Ventures Llc-Series 404 $680,000
Previous Owner Fort Flosi Ventures Llc $1,050,400
Previous Owner Benge William D $257,300
Previous Owner Benge William D $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2022 11/28/22 Sold -- -- --
09/21/2022 09/21/22 Pending -- -- --
09/16/2022 09/16/22 For Sale $884,000 -- $149 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

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 $17,256 $769,116 $420,750 $348,366
2023 $14,501 $640,856 $420,750 $220,106
2022 $15,704 $642,804 $420,750 $222,054
2021 $15,065 $579,418 $420,750 $158,668
2020 $13,214 $597,646 $420,750 $176,896
2019 $12,486 $678,634 $420,750 $257,884
2018 $3,391 $412,610 $325,000 $87,610
2017 $10,627 $569,807 $325,000 $244,807
2016 $9,661 $476,141 $325,000 $151,141
2015 $3,286 $310,000 $220,000 $90,000
2014 $3,286 $310,000 $220,000 $90,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20110854

North Texas Real Estate Information Systems (NTREIS)

APN: 01800043