NOT LISTED FOR SALE

5106 Wipprecht St Unit 6 Houston, TX 77026

Kashmere Gardens Neighborhood

Estimated Value: $203,000 - $370,000

12 Beds
6 Baths
4,587 Sq Ft
$66/Sq Ft Est. Value

Last Sold June 04, 2018

Current estimated payment $2,212/month

7 Days on Market

About This Home

As of June 2018

Great investment property by 610 N. Three building Duplex. Six units of income producing property. 100% occupied. Investors, you do not want to miss this opportunity. Please do not disturb tenants. Call for showing appointment. Priced to sell fast. More than 10% CAP rate. Motivated seller.

Last Agent to Sell the Property

Enobong Abasi

LPT Realty, LLC License #0649309 Listed on: 04/26/2018

LPT Realty, LLC

Last Buyer's Agent

Jo Ann Leathers

Laura Estes Real Estate License #0502766

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,497

Year Built

  • Built in 1961

Lot Details

  • 0.34

Home Design

  • Composition Roof

Interior Spaces

  • 4,587 Sq Ft Home
  • 1-Story Property

Schools

  • Kashmere Gardens Elementary School
  • Key Middle School
  • Kashmere High School

Additional Features

  • 0.34 Acre Lot
  • Central Heating and Cooling System

Community Details

Overview

  • 6 Units
  • Kashmere Gardens Ext Subdivision

Building Details

  • Operating Expense $6,269
  • Gross Income $33,866
  • Net Operating Income $27,597

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,497

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Year Built: 1961
  • Subdivision Name: Kashmere Gardens Ext
  • Unit Levels: One
  • New Construction: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48201:065-128-062-0480
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Living Area: 4587.0

Exterior Features

  • Disclosures: Seller Disclosure
  • Roof: Composition

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Schools

  • Elementary School: KASHMERE GARDENS ELEMENTARY SCHOOL
  • Junior High Dist: 27 - Houston
  • High School: KASHMERE HIGH SCHOOL
  • Middle Or Junior School: KEY MIDDLE SCHOOL

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4497.0

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 33866.0
  • Property Net Operating Income: 27597.0
  • Annual Operating Expense: 6269.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2018
Closed on
Jun 4, 2018
Sold by
Omoruyi Patrick
Bought by
Gardens Wipprecht and Living Made Easy Llc
Seller's Agent
Enobong Abasi
LPT Realty, LLC
Buyer's Agent
Jo Ann Leathers
Laura Estes Real Estate
List Price
$230,000
Current Estimated Value
$303,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.47%

Purchase Details

Closed on
Nov 25, 2013
Sold by
Niroomandi Dariush
Bought by
Omoruyi Patrick and All Christian Fellowship

Purchase Details

Closed on
Jun 11, 2009
Sold by
Bank Of New York
Bought by
Niroomandi Daruish

Purchase Details

Closed on
Mar 31, 2009
Sold by
Countrywide Home Loans Inc
Bought by
Niroomandi Dariush

Purchase Details

Closed on
Sep 2, 2008
Sold by
Norris Gilda
Bought by
Bank Of New York and Certificateholders Cwabs Inc Asset Backe

Purchase Details

Closed on
Feb 5, 2008
Sold by
Norris Gilda
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Oct 3, 2006
Sold by
Norris Gilda
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
May 26, 2004
Sold by
Jones Edward James
Bought by
Norris Gilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,600
Interest Rate
8.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 2004
Sold by
Jones Edward James
Bought by
Norris Gilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,600
Interest Rate
8.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Gardens Wipprecht -- None Available
Omoruyi Patrick -- Stewart Title Co
Niroomandi Daruish -- First American Title
Niroomandi Dariush -- None Available
Bank Of New York $22,000 None Available
Countrywide Home Loans Inc $36,000 None Available
Countrywide Home Loans Inc $45,000 None Available
Norris Gilda -- North American Title Co
Norris Gilda -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Norris Gilda $113,600
Previous Owner Norris Gilda $66,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2023 06/30/23 Off Market -- -- --
06/04/2018 06/04/18 Sold -- -- --
05/05/2018 05/05/18 Pending -- -- --
04/27/2018 04/27/18 For Sale $230,000 -- $50 / Sq Ft
Source: Houston 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 $7,319 $300,000 $13,500 $286,500
2024 $7,319 $349,811 $13,500 $336,311
2023 $7,319 $341,856 $13,500 $328,356
2022 $5,955 $265,000 $13,500 $251,500
2021 $5,237 $224,684 $13,500 $211,184
2020 $4,710 $194,490 $13,500 $180,990
2019 $4,571 $180,657 $13,500 $167,157
2018 $3,110 $122,910 $13,500 $109,410
2017 $4,501 $195,850 $13,500 $182,350
2016 $5,138 $203,210 $13,500 $189,710
2015 $1,960 $121,054 $6,750 $114,304
2014 $1,960 $76,242 $6,750 $69,492
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2018

    Enobong Abasi

    LPT Realty, LLC

    (281) 220-2100

    1 in this area

    9 Total Sales

    Enobong Abasi
    Section Image

  • J

    Buyer's Agent in 2018

    Jo Ann Leathers

    Laura Estes Real Estate

    (281) 413-0911

    50 Total Sales

    Jo Ann Leathers
    Section Image
See All Agents

Map

Source: Houston Association of REALTORS®

MLS Number: 62381291

Houston Association of REALTORS®

APN: 0651280620480

Texas Harris County Houston 77026 Kashmere Gardens

5106 Wipprecht St Unit 6, Houston, TX

Not Listed for Sale

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