NOT LISTED FOR SALE

412 S Spring Ave Tyler, TX 75702

Midtown Tyler Neighborhood

Estimated Value: $186,000 - $243,000

2 Beds
2 Baths
1,402 Sq Ft
$145/Sq Ft Est. Value

Last Sold November 22, 2019

Current estimated payment $1,286/month

Highlights

  • Central Air
  • Wood Burning Fireplace
  • Heating Available
  • Hubbard Middle School Rated A-

About This Home

As of November 2019

Great investment property that has leases in place for both sides. Must honor the current leases. Close to downtown and the hospitals make this a prime rental location.

Last Agent to Sell the Property

Andy Guinn

Ebby Halliday, REALTORS® - Tyler License #0328465 Listed on: 10/21/2019

Ebby Halliday, REALTORS® - Tyler

Co-Listed By

Clark Crawford

Ebby Halliday, REALTORS® - Tyler License #0655334

Last Buyer's Agent

Ryan Major

Keller Williams Realty-Tyler License #0654996

Keller Williams Realty-Tyler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,625

Year Built

  • Built in 1930

Lot Details

  • 5,445

Home Design

  • Duplex
  • Slab Foundation
  • Stone

Interior Spaces

  • 1,402 Sq Ft Home
  • Wood Burning Fireplace

Parking

  • Over 1 Space Per Unit
  • Paved Parking

Schools

  • Bonner Elementary School
  • Hogg Middle School
  • Tyler Legacy High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • 2 Units
  • Tw Jones Subdivision

Listing and Financial Details

  • Tenant pays for electric, cable

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,625

Year Built

Built in 1930

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 412 S Spring Ave.
  • ForecloseBankOwnedYN: No
  • LakeCommunity: No
  • LO1BrokerLicenseNumber: 0504495 - Ginger Gill
  • PrimaryType: Duplex
  • PublicRemarksAmenities: Great investment property that has leases in place for both sides. Must honor the current leases. Close to downtown and the hospitals make this a prime rental location.
  • OFFICELIST_STATE: TX
  • Subdivision Name: TW Jones
  • Under Construction: No
  • YearOfConstruction: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Fireplace: Wood Burning
  • Source of Sq Ft: SCAD

Exterior Features

  • Exterior Construction: Stone/Rock
  • Foundation: Slab
  • Waterfront: No
  • Water View: No

Garage/Parking

  • PARKING24FAMILY: 1 Or More Per Unit, Paved Areas

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric

Condo/Co-op/Association

  • Number of Units: 2

Fee Information

  • Tax Class: MULTI-FAMILY
  • Taxes: 1625

Schools

  • Elementary School: Bonner
  • High School: Tyler Legacy
  • Middle School: Hogg

Lot Info

  • Zoning: Two Family Dwelling

Rental Info

  • Tenant Pays: Electric, Cable

Tax Info

  • Tax Year: 2019

Multi Family

  • Owners Expenses: Taxes, Water/Sewer/Trash, Maintenance Repairs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2019
Closed on
Nov 19, 2019
Sold by
John Galt Enterprises Llc
Bought by
Ward Adam
Seller's Agent
Andy Guinn
Ebby Halliday, REALTORS® - Tyler
Buyer's Agent
Ryan Major
Keller Williams Realty-Tyler
Current Estimated Value
$203,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.46%
Original Mortgage
$105,400
Outstanding Balance
$70,268
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
$133,454
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
Ward Adam -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ward Adam $105,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2019 11/22/19 Sold -- -- --
10/21/2019 10/21/19 Pending -- -- --
11/22/2017 11/22/17 Sold -- -- -- View Prior Sale
10/15/2017 10/15/17 Pending -- -- --
Source: Greater Tyler 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 $2,622 $189,098 $20,257 $168,841
2024 $2,622 $154,146 $14,113 $171,084
2023 $2,239 $128,455 $14,113 $114,342
2022 $2,313 $118,052 $14,113 $103,939
2021 $1,936 $92,266 $14,113 $78,153
2020 $1,974 $92,266 $14,113 $78,153
2019 $1,661 $75,952 $14,113 $61,839
2018 $1,483 $68,165 $10,081 $58,084
2017 $1,512 $70,823 $10,505 $60,318
2016 $1,489 $69,760 $10,505 $59,255
2015 $1,381 $67,127 $10,505 $56,622
2014 $1,381 $64,969 $10,505 $54,464
Source: Public Records

Agents Affiliated with this Home

  • Andy Guinn

    Seller's Agent in 2019

    Andy Guinn

    Ebby Halliday, REALTORS® - Tyler

    (903) 581-4141

    100 Total Sales

    Andy Guinn
    Section Image

  • C

    Seller Co-Listing Agent in 2019

    Clark Crawford

    Ebby Halliday, REALTORS® - Tyler

  • Ryan Major

    Buyer's Agent in 2019

    Ryan Major

    Keller Williams Realty-Tyler

    (903) 258-1317

    339 Total Sales

    Ryan Major
    Section Image
  • Jim McCain

    Seller's Agent in 2017

    Jim McCain

    RE/MAX

    (903) 360-3997

    1 in this area

    86 Total Sales

    Jim McCain
    Section Image
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Map

Source: Greater Tyler Association of REALTORS®

MLS Number: 10114619

Greater Tyler Association of REALTORS®

APN: 1-50000-0078-02-068010

Texas Smith County Tyler 75702 Midtown Tyler

412 S Spring Ave, Tyler, TX

Not Listed for Sale

MultiFamily

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