NOT LISTED FOR SALE

508 E Methvin St Longview, TX 75601

Estimated Value: $214,000 - $340,000

Studio
3 Baths
3,444 Sq Ft
$84/Sq Ft Est. Value

Last Sold February 25, 2022

Current estimated payment $1,849/month

19 Days on Market

Highlights

  • Fireplace in Bedroom
  • Separate Outdoor Workshop
  • Shades
  • Deck
  • 2 Car Detached Garage
  • 5-minute walk to Depot Park

About This Home

As of February 2022

INCOME PRODUCING TRIPLEX in downtown Longview!

Last Agent to Sell the Property

ELISABETH HICKS

Texas Real Estate Executives, The Daniels Group - Gilmer License #0617826 Listed on: 12/30/2021

Texas Real Estate Executives, The Daniels Group - Gilmer

Last Buyer's Agent

Cristina Drennan

Texas Real Estate Executives, The Daniels Group - Gilmer License #0675313

Texas Real Estate Executives, The Daniels Group - Gilmer

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • Wood Fence
  • Landscaped

Home Design

  • Hip Roof Shape
  • Frame Construction
  • Pier And Beam

Interior Spaces

  • Fireplace in Bedroom
  • 3,444 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Shades
  • Fire and Smoke Detector

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Laundry

  • Laundry Room
  • Electric Dryer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Separate Outdoor Workshop

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 68081

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Triplex
  • Sub Type: Upstairs
  • Escrow To: Central Title
  • Foreclosure Bank Owned: No
  • Stories: 2
  • Subdivision: No
  • Taxes Dollars: 2590
  • Foundation Style: Pier And Beam, 2 Story
  • Utility Type: Cable Available, Electric, High Speed Internet Avail, Natural Gas
  • Current Rent 1: 1380
  • Current Rent 2: 880
  • Current Rent 3: 880
  • Electric Utility Company: Swepco
  • Gas Utility Company: Centerpoint Energy
  • ROOMTYPESHTCL: Separate Formal Living, Utility Room
  • Sq Ft 3: 722
  • Total Rent 1: 1380
  • Total Rent 2: 880
  • Total Rent 3: 880
  • Type 1: Downstairs
  • Type 3: Upstairs
  • Water Utility Company: City of Longview
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Bedroom
  • Appliances: Electric Range/Oven, Gas Range/Oven, Free Standing Range/Oven, Microwave, Dishwasher, Refrigerator
  • Interior: Shades/Blinds, Carpeting, Vinyl Flooring, Tile Flooring
  • Dining Room: Formal Dining
  • Estimated Sq Ft: 3444

Exterior Features

  • Construction: Frame
  • Roof: Hip
  • ExteriorFeatures: Fence Wood, Wood Deck, Storage Building, Workshop
  • Special Information: Owner Agent
  • Streets: Paved, Curbs/Gutters

Garage/Parking

  • Garage Type: Garage
  • Parking Type: Detached
  • Parking Spaces: 2

Utilities

  • Water Heater: Electric
  • Cooling: Central, Window Units, Electric
  • Heating: Central, Gas, Electric
  • Utility Laundry: Inside Room, Dryer/Electric, Washer Connection
  • Water/Sewer: City Water, City Sewer
  • Electricity: Master Meter

Association/Amenities

  • Amenities: Garage Door Opener, Smoke Detectors

Condo/Co-op/Association

  • Age Range: 50+

Lot Info

  • Parcel #: 68081
  • Estimated Lot Dimensions: .19 acres
  • Lot: Landscaped

Green Features

  • Energy Efficient: Ceiling Fans

Building Info

  • Year Built: 1930

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2021
Closed on
Feb 23, 2022
Sold by
Hicks Elisabeth Perritte and Hicks Jeremiah
Bought by
Landreneaux Chance and Landreneaux Heather Michelle
Seller's Agent
ELISABETH HICKS
Texas Real Estate Executives, The Daniels Group - Gilmer
Buyer's Agent
Cristina Drennan
Texas Real Estate Executives, The Daniels Group - Gilmer
List Price
$269,900
Current Estimated Value
$288,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.48%
Original Mortgage
$189,000
Outstanding Balance
$175,166
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$113,577

Purchase Details

Listed on
Apr 3, 2019
Closed on
Aug 2, 2019
Sold by
Stone John W
Bought by
Perritte Elisabeth
Seller's Agent
Honey Hart
Coldwell Banker Lenhart
Buyer's Agent
ELISABETH HICKS
Texas Real Estate Executives, The Daniels Group - Gilmer
List Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.06%
Original Mortgage
$88,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2015
Sold by
Bowles Real Estate Limited Partnership
Bought by
Stone John Wesley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
3.81%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 6, 2005
Sold by
Rogers Mechelle Maddox and Maddox Patsy L
Bought by
Stone John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Landreneaux Chance -- None Listed On Document
Perritte Elisabeth -- None Available
Stone John Wesley -- Ustc
Stone John Wesley -- Ustc
Stone John W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landreneaux Chance $189,000
Previous Owner Perritte Elisabeth $88,000
Previous Owner Stone John Wesley $96,000
Previous Owner Stone John Wesley $40,000
Previous Owner Stone John W $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/25/2022 02/25/22 Sold -- -- --
12/30/2021 12/30/21 For Sale $269,900 +124.9% $78 / Sq Ft
08/03/2019 08/03/19 Sold -- -- -- View Prior Sale
04/03/2019 04/03/19 For Sale $120,000 -- $39 / Sq Ft
01/19/2019 01/19/19 Pending -- -- --
Source: Longview Area Association of REALTORS®

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 $4,205 $252,080 $16,660 $235,420
2024 $42 $250,280 $16,500 $233,780
2023 $3,474 $175,240 $8,370 $166,870
2022 $3,069 $140,270 $8,370 $131,900
2021 $2,579 $114,070 $7,120 $106,950
2020 $2,478 $109,450 $7,120 $102,330
2019 $2,364 $107,430 $7,120 $100,310
2018 $1,715 $94,020 $7,120 $86,900
2017 $2,128 $93,100 $7,120 $85,980
2016 $2,070 $92,370 $7,120 $85,250
2015 $1,461 $82,360 $7,120 $75,240
2014 -- $81,090 $7,120 $73,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Longview Area Association of REALTORS®

MLS Number: 20217043

Longview Area Association of REALTORS®

APN: 68081