NOT LISTED FOR SALE

508 W 7th St Bonham, TX 75418

Estimated Value: $145,357 - $170,000

2 Beds
2 Baths
1,364 Sq Ft
$114/Sq Ft Est. Value

Last Sold December 22, 2021

Current estimated payment $1,008/month

61 Days on Market

Highlights

  • Craftsman Architecture
  • Covered Patio or Porch
  • 1-Story Property
  • Wood Flooring
  • Interior Lot
  • Large Grassy Backyard

About This Home

As of December 2021

Great Investment Property or Perfect for First Time Home Buyer. This 2 BR, 2 BA 1930's Craftsman style cottage has just been freshly painted on the exterior. All rooms are large and with some TLC on the interior it is just waiting to be someone's dream home!

Last Agent to Sell the Property

Jo Ann Lipscomb

Lipscomb Realty License #0480590 Listed on: 09/23/2021

Last Buyer's Agent

Penny Belcher

Southern Grace Realty License #0693510

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,268

Year Built

  • Built in 1930

Lot Details

  • 0.26 Acre Lot
  • Interior Lot
  • Few Trees
  • Large Grassy Backyard

Home Design

  • Craftsman Architecture
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 1,364 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • Side Facing Garage
  • On-Street Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Evans Elementary School
  • Rather Middle School
  • Bonham High School

Utilities

  • Window Unit Cooling System
  • Gas Jet Heater
  • Individual Gas Meter
  • Cable TV Available

Community Details

  • Williams Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 000000093985
  • Tax Block 32
  • $1,265 per year unexempt tax

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,268

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman
  • Structural Style: Single Detached
  • Unit Levels: One
  • 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: 71.84751
  • Special Features: None
  • Year Built: 1930

Interior Features

  • Square Footage: 1364.00
  • Interior Amenities: Cable TV Available, Other
  • Flooring: Carpet, Wood
  • Appliances: Dishwasher, Electric Range
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 4

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Roof: Composition
  • Construction Materials: Wood
  • Exterior Features: Covered Patio/Porch
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Window Unit(s)
  • Parking Features: Garage Faces Side, On Street
  • GarageYN: No

Utilities

  • Heating: Gas Jets
  • Utilities: Asphalt, City Sewer, City Water, Individual Gas Meter, Individual Water Meter

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Bonham ISD
  • Elementary School: Evans
  • Junior High School: Rather
  • High School: Bonham

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Few Trees, Interior Lot, Lrg. Backyard Grass
  • Lot Size Units: Acres
  • Lot Size Area: 0.2600
  • Parcel Number: 000000093985
  • Lot Size Acres: 0.2600
  • Lot Size Sq Ft: 11325.6000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1930

Tax Info

  • Unexempt Taxes: 1265
  • TaxBlock: 32

MLS Schools

  • MiddleOrJuniorSchool: Rather
  • Elementary School Name: Evans
  • High School Name: Bonham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Dec 22, 2021
Sold by
Gehalo Revocable Living Trust and Gehalo David J
Bought by
Lawrence Bradley N and Lawrence Erin Cuyler
Seller's Agent
Jo Ann Lipscomb
Lipscomb Realty
Buyer's Agent
Penny Belcher
Southern Grace Realty
List Price
$108,000
Current Estimated Value
$155,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.70%
Original Mortgage
$88,200
Outstanding Balance
$80,809
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$74,280
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
Lawrence Bradley N -- Cole Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawrence Bradley N $88,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2021 12/22/21 Sold -- -- --
11/23/2021 11/23/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $108,000 -- $79 / 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 $2,268 $108,690 $40,850 $67,840
2024 $2,268 $116,920 $39,160 $77,760
2023 $2,095 $106,240 $27,390 $78,850
2022 $2,142 $97,400 $19,010 $78,390
2021 $1,265 $50,050 $11,650 $38,400
2020 $1,196 $46,800 $9,510 $37,290
2019 $1,154 $43,440 $4,160 $39,280
2018 $954 $35,940 $3,920 $32,020
2017 $809 $31,650 $3,280 $28,370
2016 $780 $30,500 $5,890 $24,610
2015 -- $31,900 $5,380 $26,520
2014 -- $32,440 $5,380 $27,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14677684

North Texas Real Estate Information Systems (NTREIS)

APN: 93985