NOT LISTED FOR SALE

505 W Morgan St Unit A Denison, TX 75020

Estimated Value: $359,000

4 Beds
4 Baths
-- Sq Ft
5,009 Sq Ft Lot

Last Sold February 13, 2024

Current estimated payment $2,384/month

4 Days on Market

Highlights

  • Open Floorplan
  • Covered Patio or Porch
  • Ceiling Fan
  • Denison High School Rated A-
  • Eat-In Kitchen
  • High Speed Internet

About This Home

As of February 2024

Ideal Investment Opportunity and Location only a few blocks from Vibrant downtown Denison. Two apartments up two down Fresh paint with some original hardwoods. Upstairs garage apartment in the back has Three large storage units underneath. Large front porch leads into 3 of the units. Upstairs and garage apartments have screened porches. Plenty of parking on side and alley
No appliances in any of the units However negotiable Each unit has its own Water and Electric Meter

Last Agent to Sell the Property

TAMARA KIDNEY

Gateway Home & Land Brokerage Phone: 903-815-7715 License #0518840 Listed on: 11/27/2023

Last Buyer's Agent

Jett Waters

Bray Real Estate Group- Dallas License #0788045

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,133

Year Built

  • Built in 1915

Lot Details

  • 5,009

Home Design

  • Quadruplex
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Composition Roof
  • Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments

Kitchen

  • Eat-In Kitchen
  • Built-In Gas Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Common or Shared Parking
  • Alley Access
  • Driveway
  • Unassigned Parking

Schools

  • Goldenrule Elementary School
  • Henry Scott Middle School
  • Denison High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gas Jet Heater
  • Individual Gas Meter
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • 5,009 Sq Ft Lot

Community Details

  • 2 Buildings
  • 4 Units
  • 2,552 Sq Ft Building
  • Stevens Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 146033
  • Tax Block 21
  • $2,948 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,133

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 88.16614
  • Attribution Contact: 903-815-7715
  • Special Features: None
  • Year Built: 1915

Interior Features

  • Windows: Window Coverings
  • Interior Amenities: Cable TV Available, Eat-in Kitchen, High Speed Internet Available, Open Floorplan, Other
  • Flooring: Combination
  • Appliances: Built-in Gas Range
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Community Features: Other
  • Roof: Composition
  • Construction Materials: Frame, Siding
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Ceiling Fan(s), Wall/Window Unit(s)
  • Number Of Parking Spaces: 4
  • Parking Features: Alley Access, Common, Driveway, Unassigned

Utilities

  • Heating: Gas Jets
  • Utilities: All Weather Road, Alley, Asphalt, Cable Available, City Sewer, City Water, Electricity Available, Individual Gas Meter, Individual Water Meter, Sidewalk

Condo/Co-op/Association

  • Complex Name: Morgan
  • Association Type: None

Schools

  • School District: Denison ISD
  • Elementary School: Goldenrule
  • Middle School: Henry Scott
  • High School: Denison
  • School District: Denison ISD
  • Elementary School: Goldenrule

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.1150
  • Parcel Number: 146033
  • Lot Size Acres: 0.1150
  • Lot Size Sq Ft: 5009.4000

Green Features

  • Smart Home Features Appor Pass Y: No
  • Green Verification Count: 2

Building Info

  • Year Built: 1915
  • Units Total: 4

Tax Info

  • Unexempt Taxes: 2948
  • Special Taxing Entities: No
  • TaxBlock: 21

Multi Family

  • Unit Count: 4

MLS Schools

  • Middle School Name: Henry Scott
  • Elementary School Name: Goldenrule
  • High School Name: Denison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2023
Closed on
Feb 13, 2024
Sold by
Kidney William Wood and Kidney Tamara Lynn
Bought by
Waters Jett Cason
Seller's Agent
TAMARA KIDNEY
Gateway Home & Land
Buyer's Agent
Jett Waters
Bray Real Estate Group- Dallas
List Price
$219,000
Views
34
Current Estimated Value
$359,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.72%
Original Mortgage
$213,750
Outstanding Balance
$211,010
Interest Rate
6.62%
Mortgage Type
Credit Line Revolving
Estimated Equity
$147,990

Purchase Details

Closed on
Sep 21, 2007
Sold by
Barron Alfrod Brien and Barron Carrie Jo
Bought by
Kidney William Wood and Kidney Tamara Lynn
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
Waters Jett Cason $213,750 Red River Title
Waters Jett Cason $213,750 Red River Title
Kidney William Wood -- Fannin County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waters Jett Cason $213,750
Closed Waters Jett Cason $213,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2024 02/13/24 Sold -- -- --
12/02/2023 12/02/23 Pending -- -- --
11/27/2023 11/27/23 For Sale $219,000 -- --
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
2025 $5,133 $221,835 $36,819 $185,016
2024 $5,133 $220,947 $34,916 $186,031
2023 $2,811 $124,090 $34,900 $89,190
2022 $2,896 $121,902 $32,000 $89,902
2021 $1,815 $71,973 $17,750 $54,223
2020 $1,535 $58,198 $7,500 $50,698
2019 $1,635 $59,422 $7,500 $51,922
2018 $801 $28,877 $4,400 $24,477
2017 $672 $24,024 $2,900 $21,124
2016 $560 $20,015 $3,250 $16,765
2015 $0 $36,154 $3,100 $33,054
2014 -- $36,154 $3,100 $33,054
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20470410

North Texas Real Estate Information Systems (NTREIS)

APN: 146033