NOT LISTED FOR SALE

427 Jannie St Unit A & B Denton, TX 76209

Downtown Denton Neighborhood

Estimated Value: $234,000 - $791,572

8 Beds
6 Baths
-- Sq Ft
0.43 Acres

Last Sold May 17, 2022

Current estimated payment $4,234/month

10 Days on Market

Highlights

  • Accessory Dwelling Unit (ADU)
  • 0.43 Acre Lot
  • Granite Countertops
  • Guyer High School Rated A
  • Open Floorplan
  • Covered patio or porch

About This Home

As of May 2022

Quality Recent Construction in this fully leased Fourplex. There are two 1250 Square Foot Homes in the front, each consisting of 3 Bedrooms and 2 Baths. Behind those two homes sits two 625 SF 1 Bedroom, 1 Bath Homes separated by a Concrete Driveway. Listing includes 427 (A & B) and 431 (A & B) Jannie Street. There are sufficient Parking Spaces for up to 8 Cars. These Homes all have Granite Counter Tops in Kitchens and Baths, as well as Knotty Alder Custom Cabinetry, and Stainless Steel Appliances in all the Kitchens. The Flooring is Wood-like Vinyl throughout. Homes are all within a short distance to UNT and Texas Woman's University, along with popular Denton Town Square, Shops and Restaurants. Convenient access to I35W and I35E, Loop 288 and Hwy 380. Great Income Properties to add to your Portfolio. Purchase must be combined with the Listing at 315 S Bradshaw, MLS # 20039678. Makes a fabulous Investment package, including 6 Income producing Homes in all! All Homes are 100% Leased!

Last Agent to Sell the Property

Malia Baker

Success Realty Group License #0517276 Listed on: 04/22/2022

Last Buyer's Agent

Kristin Brinch

Leap Property Management License #0624344

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,998

Year Built

  • Built in 2019

Lot Details

  • 0.43 Acre Lot
  • Partially Fenced Property
  • Wood Fence
  • Chain Link Fence
  • Perimeter Fence
  • Landscaped
  • Interior Lot
  • Few Trees

Home Design

  • Slab Foundation
  • Composition Roof
  • Siding

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Wired For A Flat Screen TV
  • Ceiling Fan
  • Decorative Lighting
  • Window Treatments
  • Vinyl Plank Flooring
  • 12 Inch+ Attic Insulation
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Full Bathrooms

Parking

  • 8 Parking Spaces
  • Common or Shared Parking
  • Outside Parking

Outdoor Features

  • Covered patio or porch
  • Rain Gutters

Additional Homes

  • Accessory Dwelling Unit (ADU)
  • 625 SF Accessory Dwelling Unit

Schools

  • Alice Moore Alexander Elementary School
  • Calhoun Middle School
  • Guyer High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Overhead Utilities
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • 4 Buildings
  • 4 Units
  • 3,630 Sq Ft Building
  • College View Subdivision

Listing and Financial Details

  • Legal Lot and Block 8 / 11
  • Assessor Parcel Number R24650
  • $12,095 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,998

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Unit Levels: One
  • Accessory Dwelling Type: Guest Quarters
  • Security: Fire Alarm
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Net Operation Income: 78630
  • Notice Surveillance Devices Pres: None
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit Sq Ft: 625
  • Accessory Unit YN: Yes
  • Ratio Current Price By Building: 358.12672
  • Special Features: None
  • Year Built: 2019

Interior Features

  • Windows: Window Coverings
  • Interior Amenities: Cable TV Available, Decorative Lighting, Eat-in Kitchen, Flat Screen Wiring, Granite Counters, High Speed Internet Available, Open Floorplan, Pantry
  • Flooring: Vinyl
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 6
  • Total Bedrooms: 8

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: Chain Link, Partial, Perimeter, Wood
  • Roof: Composition
  • Construction Materials: Fiber Cement, Siding
  • Exterior Features: Covered Patio/Porch, Rain Gutters
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric, Heat Pump
  • Number Of Parking Spaces: 8
  • Parking Features: Common, On Site, Outside
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • Heating: Central, Electric
  • Utilities: Asphalt, Cable Available, City Sewer, City Water, Electricity Connected, Gravel/Rock, Individual Water Meter, Overhead Utilities, Phone Available

Condo/Co-op/Association

  • Complex Name: 3 Property Group
  • Association Type: None

Schools

  • School District: Denton ISD
  • Elementary School: Alice Moore Alexander
  • Middle School: Calhoun
  • High School: Guyer
  • School District: Denton ISD

Green Features

  • Efficiency: 12 inch+ Attic Insulation
  • Smart Home Features Appor Pass Y: No

Lot Info

  • Lot Features: Few Trees, Interior Lot, Landscaped
  • Lot Size Units: Acres
  • Lot Size Area: 0.4340
  • Parcel Number: R24650
  • Lot Size Acres: 0.4340
  • Lot Size Sq Ft: 18905.0400

Building Info

  • Year Built: 2019
  • Units Total: 4
  • SeniorCommunityYN: No

Multi Family

  • Gross Annual Expenses: 22750.00
  • Gross Annual Income: 104580.00
  • Insurance Expense: 3200
  • Tenancy: Lease While on Market
  • Unit Count: 4

Tax Info

  • Unexempt Taxes: 12095
  • TaxBlock: 11
  • Tax Lot: 8

MLS Schools

  • Middle School Name: Calhoun
  • Elementary School Name: Alice Moore Alexander
  • High School Name: Guyer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2022
Closed on
May 17, 2022
Sold by
11058 Lc Llc
Bought by
Mcnabb Daniel W
Seller's Agent
Malia Baker
Success Realty Group
Buyer's Agent
Kristin Brinch
Leap Property Management
List Price
$1,350,000
Sold Price
$1,350,000
Current Estimated Value
$540,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$809,607
Avg. Annual Appreciation
-25.22%

Purchase Details

Closed on
Feb 11, 2014
Sold by
Nationstar Mortgage Llc
Bought by
Mcdonald John

Purchase Details

Closed on
Dec 10, 2013
Sold by
Sweatman Raymond Wayne
Bought by
Nationstar Mortgage Llc
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
Mcnabb Daniel W -- Doster Law Group Pllc
Mcdonald John -- None Available
Nationstar Mortgage Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 11058 Lc $768,000
Previous Owner 11058 Lc $485,000
Previous Owner Sweatman Raymond Wayne $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2022 05/17/22 Sold -- -- --
05/02/2022 05/02/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $1,350,000 -- --
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 $14,998 $777,000 $82,792 $694,208
2023 $15,561 $815,000 $67,350 $747,650
2022 $16,835 $793,039 $51,745 $741,294
2021 $12,443 $559,718 $37,256 $522,462
2020 $6,514 $285,000 $37,256 $247,744
2019 $889 $37,256 $37,256 $0
2018 $900 $37,256 $37,256 $0
2017 $921 $37,256 $37,256 $0
2016 $900 $25,873 $25,873 $0
2015 $652 $25,873 $25,873 $0
2013 -- $46,825 $25,873 $20,952
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20039444

North Texas Real Estate Information Systems (NTREIS)

APN: R24650