Seller's Agent in 2024
Michael Rankin
INC Realty, LLC
(940) 222-6314
177 Total Sales
502 SE 7th Ave Mineral Wells, TX 76067
Estimated Value: $120,000 - $141,000
2
Beds
1
Bath
725
Sq Ft
$183/Sq Ft
Est. Value
Highlights
- 1-Story Property
- Central Heating and Cooling System
- High Speed Internet
- Luxury Vinyl Plank Tile Flooring
- Ceiling Fan
- Level Lot
About This Home
As of May 2024Charming 2 bed 1 bath house located just steps from the hiking trail. Recently renovated with new siding, fresh paint, and updated appliances. Close to the new HTeaO and the Historic Baker Hotel & downtown area. Minutes from Wal-Mart & other shopping. MUST SEE quickly as this property is priced to sell.
Last Agent to Sell the Property
INC Realty, LLC Brokerage Phone: 888-455-6040 License #0709144 Listed on: 08/13/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,228
Year Built
- Built in 1940
Lot Details
- 4,487 Sq Ft Lot
- Level Lot
Home Design
- Pillar, Post or Pier Foundation
- Composition Roof
Interior Spaces
- 725 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Fire and Smoke Detector
- Washer and Electric Dryer Hookup
Kitchen
- Electric Range
- Dishwasher
Flooring
- Carpet
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Parking
- Gravel Driveway
- Outside Parking
Schools
- Houston Elementary School
- Mineralwel Middle School
- Mineralwel High School
Utilities
- Central Heating and Cooling System
- Individual Gas Meter
- High Speed Internet
- Cable TV Available
Community Details
- French Subdivision
Listing and Financial Details
- Assessor Parcel Number 16097
- Tax Block 7
- $995 per year unexempt tax
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 13, 2023
Closed on
May 3, 2024
Sold by
Kakk Llc
Bought by
Moran Beverly J
Seller's Agent
Michael Rankin
INC Realty, LLC
Buyer's Agent
Robin Lehew
RE/MAX Associates of Arlington
List Price
$129,000
Views
228
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.22%
Original Mortgage
$115,000
Outstanding Balance
$113,905
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$18,100
Purchase Details
Closed on
Nov 29, 2022
Sold by
Patel Kiran C and Patel Archana K
Bought by
Kakk Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.95%
Mortgage Type
Construction
Purchase Details
Closed on
Jan 7, 2020
Sold by
Silbrau Holdings Llc
Bought by
Patel Kiran C and Patel Archana K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,214
Interest Rate
3.6%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Dec 15, 2011
Sold by
First Naitonal Bank Na
Bought by
Patel Kiran C and Patel Archana K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,000
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Moran Beverly J | -- | None Listed On Document | |
| Kakk Llc | -- | Elliott & Waldron Abstract | |
| Kakk Llc | -- | Elliott & Waldron Abstract | |
| Patel Kiran C | -- | Elliott & Waldron Abstract C | |
| Patel Kiran C | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Moran Beverly J | $115,000 | |
| Previous Owner | Kakk Llc | $130,000 | |
| Previous Owner | Patel Kiran C | $42,214 | |
| Previous Owner | Patel Kiran C | $14,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/03/2024 05/03/24 | Sold | -- | -- | -- |
| 04/07/2024 04/07/24 | Pending | -- | -- | -- |
| 04/01/2024 04/01/24 | Price Changed | $125,000 | -3.1% | $172 / Sq Ft |
| 01/12/2024 01/12/24 | For Sale | $129,000 | 0.0% | $178 / Sq Ft |
| 01/08/2024 01/08/24 | Pending | -- | -- | -- |
| 12/28/2023 12/28/23 | Price Changed | $129,000 | -4.4% | $178 / Sq Ft |
| 10/24/2023 10/24/23 | Price Changed | $135,000 | -3.5% | $186 / Sq Ft |
| 10/12/2023 10/12/23 | For Sale | $139,900 | 0.0% | $193 / Sq Ft |
| 10/02/2023 10/02/23 | Pending | -- | -- | -- |
| 08/13/2023 08/13/23 | For Sale | $139,900 | -- | $193 / Sq Ft |
Source: North Texas Real Estate Information Systems (NTREIS)
Tax History Compared to Growth
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 | $1,228 | $56,230 | $16,200 | $40,030 |
| 2023 | $923 | $40,630 | $7,880 | $32,750 |
| 2022 | $995 | $40,630 | $7,880 | $32,750 |
| 2021 | $929 | $31,700 | $7,880 | $23,820 |
| 2020 | $666 | $23,230 | $3,380 | $19,850 |
| 2019 | $412 | $14,820 | $2,030 | $12,790 |
| 2018 | $390 | $14,820 | $2,030 | $12,790 |
| 2017 | $390 | $14,820 | $2,030 | $12,790 |
| 2016 | $354 | $13,440 | $900 | $12,540 |
| 2015 | $439 | $13,440 | $900 | $12,540 |
| 2014 | $439 | $17,160 | $900 | $16,260 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Rankin
-
Robin Lehew
Buyer's Agent in 2024
Robin Lehew
RE/MAX
81 Total Sales
Map
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20406314
APN: 121690000
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Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
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