NOT LISTED FOR SALE

507 E Buchanan Ave Unit 509 Longview, TX 75602

Estimated Value: $38,000 - $120,283

1 Bed
1 Bath
750 Sq Ft
$108/Sq Ft Est. Value

Last Sold December 17, 2020

Current estimated payment $590/month

192 Days on Market

Highlights

  • Traditional Architecture
  • Formal Dining Room
  • 1-Story Property
  • No HOA
  • Bathtub with Shower
  • Outdoor Storage

About This Home

As of December 2020

INVESTORS!!!! Duplex one side is rented for $400.00 a month. Other side needs total make over. It has been gutted. Close to downtown.

Last Agent to Sell the Property

Richie Arnold

Century 21 A Select Group License #0559381 Listed on: 04/06/2020

Century 21 A Select Group

Last Buyer's Agent

Richie Arnold

Century 21 A Select Group License #0559381 Listed on: 04/06/2020

Century 21 A Select Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1935

Lot Details

  • Chain Link Fence
  • Landscaped
  • Native Plants
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Composition Roof
  • Pier And Beam

Interior Spaces

  • 750 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Outdoor Features

  • Outdoor Storage

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 48553

Home Details

Home Type

Single Family

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Style: Traditional
  • Foreclosure Bank Owned: No
  • Subdivision: No
  • Taxes Dollars: 898.51
  • Addition Survey: IDYLWOOD
  • Estimated Living Area Sq Ft: 750
  • Foundation Style: Pier And Beam
  • Grasses: Native
  • HotTub Spa YN: No
  • Unit Levels: 1 Story
  • Utility Type: Electric, High Speed Internet Avail, Cable Available
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 720

Interior Features

  • Interior: Vinyl Flooring
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Bathroom Description: Shower/Tub
  • Total Bathrooms: 1
  • Dining Room: Separate Formal Dining
  • Sq Ft Range: 1501-2000
  • Estimated Sq Ft: 750
  • Kitchen Equipment: Elec Range/Oven, Refrigerator, Pantry

Exterior Features

  • Outbuildings: Storage Buildings
  • Construction: Siding
  • Roof: Composition
  • Fencing: Chain Link Fence
  • Flood Zone: No
  • Pool: No
  • Road Surface: Asphalt
  • Special Information: Rented, Unknown
  • Waterfront: No

Garage/Parking

  • Driveway: Gravel
  • Garage Type: None

Utilities

  • Water Heater: Electric
  • Cooling: Window Units
  • Heating: Space Heater
  • Utility Laundry: None
  • Water/Sewer: Public Water, Public Sewer
  • Water System: City

Condo/Co-op/Association

  • Age Range: 75+
  • Homeowners Fee: No

Lot Info

  • Topography: Level
  • Lot Size: Less than 0.5
  • Number Of Acres: .2
  • Parcel #: 48553
  • Estimated Lot Dimensions: Irregular
  • Easements: Unknown
  • Lot: Landscaped
  • Soil Type: Sandy Loam
  • Timber Type: None

Building Info

  • Year Built: 1935

MLS Schools

  • School District: Longview ISD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2023
Sold by
Lynn Remodeling Llc
Bought by
Jaks Rentals Llc
Current Estimated Value
$81,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Outstanding Balance
$85,862
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
-$4,541

Purchase Details

Listed on
Apr 6, 2020
Closed on
Dec 17, 2020
Sold by
Chisum James
Bought by
Lynn Remodeling Llc
Seller's Agent
Richie Arnold
Century 21 A Select Group
Buyer's Agent
Richie Arnold
Century 21 A Select Group
List Price
$45,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.93%
Original Mortgage
$52,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 22, 2011
Sold by
Fannie Mae
Bought by
Chisum James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,500
Interest Rate
4.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2011
Sold by
Clyde Robert and Clyde Cheryl
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Nov 9, 2007
Sold by
Stmt Investment Services Llc
Bought by
Clyde Robert and Clyde Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,850
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage
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
Jaks Rentals Llc -- None Listed On Document
Lynn Remodeling Llc -- Us Title Co
Chisum James -- Ctc
Federal National Mortgage Association $49,695 None Available
Clyde Robert -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jaks Rentals Llc $88,000
Previous Owner Lynn Remodeling Llc $52,000
Previous Owner Chisum James $17,500
Previous Owner Clyde Robert $40,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2020 12/17/20 Sold -- -- --
10/15/2020 10/15/20 Pending -- -- --
04/06/2020 04/06/20 For Sale $45,900 -- $61 / Sq Ft
Source: Longview Area Association of REALTORS®

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 $1,972 $99,610 $4,500 $95,110
2024 $1,972 $98,620 $4,460 $94,160
2023 $1,008 $68,680 $6,500 $62,180
2022 $1,014 $46,340 $3,150 $43,190
2021 $1,004 $44,390 $3,330 $41,060
2020 $899 $39,680 $3,460 $36,220
2019 $907 $39,680 $3,460 $36,220
2018 $904 $39,680 $3,460 $36,220
2017 $908 $39,740 $3,460 $36,280
2016 $908 $39,740 $3,460 $36,280
2015 $908 $39,740 $3,460 $36,280
2014 -- $39,740 $3,460 $36,280
Source: Public Records

Agents Affiliated with this Home

  • Richie Arnold

    Seller's Agent in 2020

    Richie Arnold

    Century 21 A Select Group

    (903) 407-1315

    256 Total Sales

    Richie Arnold
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Map

Source: Longview Area Association of REALTORS®

MLS Number: 20201696

Longview Area Association of REALTORS®

APN: 48553

Texas Gregg County Longview 75602

507 E Buchanan Ave Unit 509, Longview, TX

Not Listed for Sale

Detached

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