NOT LISTED FOR SALE

507 Bomber Rd Fort Worth, TX 76108

Estimated Value: $380,216 - $701,000

6 Beds
4 Baths
3,401 Sq Ft
$159/Sq Ft Est. Value

Last Sold July 29, 2021

Current estimated payment $3,462/month

6 Days on Market

Highlights

  • Ceramic Tile Flooring
  • North Elementary School Rated 9+
  • Central Heating and Cooling System

About This Home

As of July 2021

Great Investment Multi-Units Home across from Lockheed Martin facility in White Settlement. 4 separate Income producing units with different shapes and sizes. 2units are 2bedroom with 1bath and other 2units are 1bedroom with 1bathroom. Each unit has their own electric meter. Owner pays water. Current rent is $3000 per month. All windows are replaced recently. Each unit has been updated over the course of the past few years.

Last Agent to Sell the Property

Megan Huang

DFW Megan Realty License #0685721 Listed on: 06/01/2021

Co-Listed By

David Cheng

DFW Megan Realty License #0743063

Last Buyer's Agent

Emilie Frantz

Frantz & Associates Realty License #0456723

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,278

Year Built

  • Built in 1960

Lot Details

  • 0.36 Acre Lot

Parking

  • 8 Parking Spaces

Home Design

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

Interior Spaces

  • 3,401 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Schools

  • North Elementary School
  • Brewer Middle School
  • Brewer High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 3,401 Sq Ft Building
  • Ingram Add Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 01429191
  • $5,759 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,278

Year Built

Built in 1960

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
  • Net Operation Income: 27000
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 95.56013
  • Special Features: None
  • Year Built: 1960

Interior Features

  • Square Footage: 3401.00
  • Interior Amenities: Cable TV Available
  • Flooring: Carpet, Ceramic Tile
  • Appliances: Dishwasher, Electric Range, Other

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 6

Exterior Features

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

Garage/Parking

  • Cooling System: Central Air, Electric
  • Number Of Parking Spaces: 8
  • GarageYN: No

Utilities

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

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: White Settlement ISD
  • Elementary School: North
  • High School: Brewer

Lot Info

  • PropertyAttachedYN: No
  • Lot Size Units: Acres
  • Lot Size Area: 0.3570
  • Parcel Number: 01429191
  • Lot Size Acres: 0.3570
  • Lot Size Sq Ft: 15550.9200

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1960
  • Units Total: 4

Multi Family

  • Gross Annual Expenses: 4500.00
  • Gross Annual Income: 34500.00
  • Insurance Expense: 3000
  • Unit Count: 1

Tax Info

  • Unexempt Taxes: 5759
  • Tax Lot: 8

MLS Schools

  • MiddleOrJuniorSchool: Brewer
  • Middle School Name: Brewer
  • Elementary School Name: North
  • High School Name: Brewer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2021
Closed on
Jul 29, 2021
Sold by
Richerson Malcolm T
Bought by
Banda David A Saenz and Saenz Nallely
Seller's Agent
Megan Huang
DFW Megan Realty
Buyer's Agent
Emilie Frantz
Frantz & Associates Realty
List Price
$372,000
Current Estimated Value
$540,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.04%
Original Mortgage
$316,951
Outstanding Balance
$287,094
Interest Rate
2.93%
Mortgage Type
FHA
Estimated Equity
$253,514

Purchase Details

Closed on
Apr 27, 2017
Sold by
Day James R and Day Jennifer
Bought by
Richerson Malcolm T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,125
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 1998
Sold by
Mcdonald Norma Jean
Bought by
Day James R and Day Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 17, 1996
Sold by
Mnr Inc
Bought by
Mcdonald Norma Jean
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
Banda David A Saenz -- Capital Title
Richerson Malcolm T -- Rattkin Title Co
Day James R -- First American Title Co
Mcdonald Norma Jean -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banda David A Saenz $316,951
Previous Owner Richerson Malcolm T $118,125
Previous Owner Day James R $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2021 07/29/21 Sold -- -- --
06/07/2021 06/07/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $372,000 -- $109 / 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 $7,278 $537,677 $55,555 $482,122
2024 $7,278 $537,677 $55,555 $482,122
2023 $12,403 $521,675 $55,555 $466,120
2022 $8,801 $325,000 $25,000 $300,000
2021 $9,559 $347,495 $25,000 $322,495
2020 $5,801 $209,375 $12,000 $197,375
2019 $4,760 $165,468 $12,000 $153,468
2018 $4,686 $162,887 $12,000 $150,887
2017 $5,285 $180,838 $12,000 $168,838
2016 $5,285 $180,838 $12,000 $168,838
2015 $3,197 $111,189 $12,000 $99,189
2014 $3,197 $111,300 $12,000 $99,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Megan Huang

    DFW Megan Realty

    (469) 226-4315

    1 in this area

    211 Total Sales

    Megan Huang
    Section Image

  • D

    Seller Co-Listing Agent in 2021

    David Cheng

    DFW Megan Realty

    (972) 339-8939

    1 in this area

    120 Total Sales

    David Cheng
    Section Image
  • Emilie Frantz

    Buyer's Agent in 2021

    Emilie Frantz

    Frantz & Associates Realty

    (817) 821-2649

    1 in this area

    35 Total Sales

    Emilie Frantz
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14588889

North Texas Real Estate Information Systems (NTREIS)

APN: 01429191

Texas Tarrant County Fort Worth 76108

507 Bomber Rd, Fort Worth, TX

Not Listed for Sale

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