NOT LISTED FOR SALE

Estimated Value: $142,000 - $152,000

5 Beds
5 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold October 04, 2023

Current estimated payment $855/month

106 Days on Market

Highlights

  • Window Unit Cooling System
  • Fairfield Magnet School Rated A-
  • Heating Available

About This Home

As of October 2023

This 5 unit apartment building is perfect for investors to expand their rental portfolios. Close to nearby Bus Stop and has separate meters for each unit. The sales price includes 407 Stoner Avenue, MLS #20310797, which includes 8 additional apartments.

Last Agent to Sell the Property

Stacey Timms

1 Percent Lists NWLA Brokerage Phone: 318-233-1045 License #0995687198 Listed on: 04/23/2023

Last Buyer's Agent

Nalayja Johnson

Century 21 Elite License #0995714109

Century 21 Elite

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $646

Year Built

  • Built in 1940

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Laminate Flooring
  • Electric Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Parking

  • 5 Parking Spaces
  • Driveway

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Gas Water Heater

Community Details

  • 5 Units
  • 3,335 Sq Ft Building
  • Holmesville Sub Subdivision

Listing and Financial Details

  • Legal Lot and Block 12 / 1
  • Assessor Parcel Number 171306047001200
  • $654 per year unexempt tax

Property Details

Home Type

Apartment

Est. Annual Taxes

$646

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Net Operation Income: 19900
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 13.49325
  • Attribution Contact: 318-233-1045
  • Special Features: None
  • Year Built: 1940

Interior Features

  • Interior Amenities: Other
  • Flooring: Laminate
  • Appliances: Electric Range, Gas Water Heater

Beds/Baths

  • Full Bathrooms: 5
  • Total Bedrooms: 5

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Shingle
  • Construction Materials: Wood

Garage/Parking

  • Cooling System: Electric, Window Unit(s)
  • Number Of Parking Spaces: 5
  • Parking Features: Asphalt
  • GarageYN: No

Utilities

  • Heating: Electric
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Complex Name: Stoner Apartments
  • Association Type: None

Schools

  • School District: Caddo PSB
  • School District: Caddo PSB

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.1400
  • Parcel Number: 171306047001200
  • Lot Size Acres: 0.1400
  • Lot Size Sq Ft: 6098.4000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1940
  • Units Total: 5
  • SeniorCommunityYN: No

Multi Family

  • Gross Annual Expenses: 4100.00
  • Gross Annual Income: 24000.00
  • Insurance Expense: 650
  • Unit Count: 1

Tax Info

  • Unexempt Taxes: 654
  • TaxBlock: 1
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2023
Closed on
Oct 4, 2023
Sold by
Caplinger Johnnie Lou Austin and Caplinger William C
Bought by
Urhaus Llc
Seller's Agent
Stacey Timms
1 Percent Lists NWLA
Buyer's Agent
Nalayja Johnson
Century 21 Elite
List Price
$90,000
Views
18
Current Estimated Value
$148,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
83.05%
Original Mortgage
$50,000,000
Outstanding Balance
$49,081,722
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
-$48,936,304
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
Urhaus Llc $110,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Urhaus Llc $50,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2023 10/04/23 Sold -- -- --
08/07/2023 08/07/23 Pending -- -- --
08/05/2023 08/05/23 For Sale $90,000 0.0% --
07/04/2023 07/04/23 Off Market -- -- --
06/06/2023 06/06/23 Pending -- -- --
06/06/2023 06/06/23 For Sale $90,000 0.0% --
04/24/2023 04/24/23 Pending -- -- --
04/23/2023 04/23/23 For Sale $90,000 -- --
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 $646 $4,141 $760 $3,381
2023 $654 $4,105 $724 $3,381
2022 $654 $4,105 $724 $3,381
2021 $644 $4,105 $724 $3,381
2020 $644 $4,105 $724 $3,381
2019 $615 $3,800 $724 $3,076
2018 $489 $3,800 $724 $3,076
2017 $624 $3,800 $724 $3,076
2015 $534 $4,120 $720 $3,400
2014 $538 $4,120 $720 $3,400
2013 -- $4,120 $720 $3,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20310785

North Texas Real Estate Information Systems (NTREIS)

APN: 171306-047-0012-00