NOT LISTED FOR SALE

505 N Elm St Weatherford, TX 76086

Estimated Value: $238,000 - $397,000

6 Beds
3 Baths
2,516 Sq Ft
$125/Sq Ft Est. Value

Last Sold May 26, 2021

Current estimated payment $2,087/month

34 Days on Market

Highlights

  • Wood Flooring
  • Window Unit Cooling System
  • 1-Story Property
  • Corner Lot
  • Energy-Efficient Appliances
  • Central Heating and Cooling System

About This Home

As of May 2021

3 single family, 2 bedroom, 1 bath homes within walking distance of Downtown Weatherford. Newly updated, original hardwood floors and laminate flooring. 100% occupied units on corner lot. All 3 units received new roofs in 2019. Central Neighborhood Zoning. Buyer to verify room measurements and square footage. Working on obtaining copies of current lease agreements and P&L.

Last Agent to Sell the Property

Chase Rutledge

Rutledge Realty Group, LLC License #0660142 Listed on: 04/08/2021

Last Buyer's Agent

Jeff Pollock

Rogers Healy and Associates License #0640262

Rogers Healy and Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,051

Year Built

  • Built in 1970

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 112x125
  • Wood Fence
  • Corner Lot

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Siding

Interior Spaces

  • 2,516 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector
  • Electric Range

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Car Garage
  • Front Facing Garage
  • On-Street Parking
  • Open Parking

Eco-Friendly Details

  • Energy-Efficient Appliances

Schools

  • Seguin Elementary School
  • Tison Middle School
  • Weatherfor High School

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System

Community Details

  • 3 Units
  • 2,516 Sq Ft Building
  • Dugans Add Subdivision

Listing and Financial Details

  • Legal Lot and Block S / 1
  • Assessor Parcel Number R000007178
  • $3,416 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,051

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Unit Levels: One
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 10
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 123.21145
  • Special Features: None
  • Year Built: 1970

Interior Features

  • Square Footage: 2516.00
  • Interior Amenities: Other
  • Flooring: Laminate, Wood
  • Appliances: Electric Range, Other

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 6

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Siding

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric, Window Unit(s)
  • Number Of Parking Spaces: 3
  • Parking Features: Garage Faces Front, On Street, Open
  • OpenParkingYN: Yes
  • GarageYN: No

Utilities

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

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Weatherford ISD
  • Elementary School: Seguin
  • High School: Weatherfor

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Corner Lot
  • Lot Size Units: Acres
  • Lot Size Area: 0.2790
  • Lot Size: 112x125
  • Parcel Number: R000007178
  • Lot Size Acres: 0.2790
  • Lot Size Sq Ft: 12153.2400

Green Features

  • Efficiency: Appliances
  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1970
  • Units Total: 3

Multi Family

  • Gross Annual Expenses: 10.00
  • Gross Annual Income: 33000.00
  • Insurance Expense: 1953
  • Unit Count: 3

Tax Info

  • Unexempt Taxes: 3416
  • TaxBlock: 1
  • Tax Lot: S

MLS Schools

  • MiddleOrJuniorSchool: Tison
  • Middle School Name: Tison
  • Elementary School Name: Seguin
  • High School Name: Weatherfor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
May 26, 2021
Sold by
Webster Barbara M
Bought by
Handley Heather and Handley Brian
Seller's Agent
Chase Rutledge
Rutledge Realty Group, LLC
Buyer's Agent
Jeff Pollock
Rogers Healy and Associates
List Price
$345,000
Current Estimated Value
$315,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.96%
Original Mortgage
$285,000
Outstanding Balance
$213,546
Interest Rate
2.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$102,006

Purchase Details

Closed on
Apr 28, 2009
Sold by
Yellow Rose Properties
Bought by
Wise Barbara Mae

Purchase Details

Closed on
Feb 19, 1991
Bought by
Wise Barbara Mae
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Handley Heather -- Stewart Title
Wise Barbara Mae -- --
Wise Barbara Mae -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Handley Heather $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2021 05/26/21 Sold -- -- --
05/12/2021 05/12/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $345,000 -- $137 / 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
2025 $5,051 $301,722 $50,000 $251,722
2024 $5,051 $262,040 $50,000 $212,040
2023 $5,051 $262,040 $50,000 $212,040
2022 $3,583 $161,530 $25,000 $136,530
2021 $3,879 $161,530 $25,000 $136,530
2020 $3,437 $142,260 $25,000 $117,260
2019 $3,633 $142,260 $25,000 $117,260
2018 $3,206 $124,980 $25,000 $99,980
2017 $3,289 $124,980 $25,000 $99,980
2016 $2,749 $104,480 $25,000 $79,480
2015 $2,692 $104,480 $25,000 $79,480
2014 $2,458 $97,890 $25,000 $72,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14550733

North Texas Real Estate Information Systems (NTREIS)

APN: R000007178