NOT LISTED FOR SALE

Estimated Value: $315,066 - $405,000

4 Beds
2 Baths
1,725 Sq Ft
$211/Sq Ft Est. Value

Last Sold September 11, 2017

Current estimated payment $2,314/month

8 Days on Market

Highlights

  • Wood Flooring
  • Side by Side Parking
  • High Speed Internet
  • Dowell Middle School Rated A
  • Central Heating
  • Wood Fence

About This Home

As of September 2017

Investors here is a solid duplex in the highly desirable city off McKinney. Currently occupied and the tents wish to stay. With some updates there is some room for rental rate increases. The pictures for from inside unit 512A.

Last Agent to Sell the Property

Leon Webb

Texas Premier Realty License #0645677 Listed on: 08/02/2017

Last Buyer's Agent

Dana Chun

DC Commercial Group, LLC License #0656920

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,489

Year Built

  • 1962

Lot Details

  • Wood Fence

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Gas Oven or Range

Flooring

  • Wood
  • Laminate

Parking

  • 2 Parking Spaces
  • Covered Parking
  • Side or Rear Entrance to Parking
  • Side by Side Parking

Schools

  • Finch Elementary School
  • Dowell Middle School
  • Mckinney High School

Utilities

  • Central Heating
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R092600036001
  • $2,367 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,489

Year Built

1962

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: MUL-Full Duplex
  • Number Of Stories: 1
  • Sq Ft Building: 1725
  • Year Built Details: Preowned
  • Special Features: None
  • Stories: 1
  • Year Built: 1962

Interior Features

  • Interior Amenities: Cable TV Available, High Speed Internet Available
  • Flooring: Laminate, Wood
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Other Equipment: Range/Oven-Gas, Refrigerator

Exterior Features

  • Foundation: Slab
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Brick

Garage/Parking

  • Number Of Parking Spaces: 2
  • Parking Features: Covered, Rear, Side

Utilities

  • Heating: Central Air-Elec, Central Heat-Elec
  • Utilities: City Sewer, City Water, Concrete

Schools

  • Elementary School: Finch
  • Middle School: Dowell
  • High School: Mckinney
  • School District: McKinney ISD
  • Elementary School: Finch
  • Middle School: Dowell
  • High School: Mckinney

Lot Info

  • Lot Number: 360A
  • Lot Size Units: Acres
  • Lot Size Area: 0.160
  • Lot Size Area Sq Ft: 6969.60
  • Parcel Number: R092600036001

Multi Family

  • No. of Units: 2
  • Gross Annual Expenses: 3634
  • Gross Annual Income: 19740
  • Insurance Expense: 1100
  • Net Annual Income: 16106
  • Tenancy: Month to Month
  • Total Annual Expenses Include: Insurance, Taxes
  • Unit Count: 2

Tax Info

  • Unexempt Taxes: 2367

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2022
Sold by
Ray Husemann Douglas
Bought by
Second Joy Llc
Current Estimated Value
$364,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$150,576
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$218,223

Purchase Details

Listed on
Aug 2, 2017
Closed on
Sep 11, 2017
Sold by
Dch Site 2 Llc
Bought by
Husmann Douglas Ray
Seller's Agent
Leon Webb
Texas Premier Realty
Buyer's Agent
Dana Chun
DC Commercial Group, LLC
List Price
$174,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%
Original Mortgage
$153,750
Interest Rate
3.92%

Purchase Details

Closed on
Sep 24, 2009
Sold by
Motsenbocker Sharon
Bought by
Sunflower Homes Llc

Purchase Details

Closed on
Oct 6, 1997
Sold by
Burnside Donnie
Bought by
Motsenbocker Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
7.54%
Source: Public Records

Range of Values:

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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
Second Joy Llc -- Schultz & Kellar Pllc
Husmann Douglas Ray -- Capital Title
Sunflower Homes Llc -- Hftc
Motsenbocker Sharon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Second Joy Llc $80,000
Open Second Joy Llc $160,000
Previous Owner Husmann Douglas Ray $153,750
Previous Owner Sunflower Homes Llc $135,000
Previous Owner Sunflower Homes Llc $135,000
Previous Owner Motsenbocker Sharon $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2017 09/11/17 Sold -- -- --
08/10/2017 08/10/17 Pending -- -- --
08/02/2017 08/02/17 For Sale $174,000 -- $101 / 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
2024 $4,489 $253,421 $128,000 $125,421
2023 $4,489 $240,914 $128,000 $112,914
2022 $4,443 $221,708 $112,000 $109,708
2021 $3,737 $175,986 $72,000 $103,986
2020 $3,738 $165,388 $68,000 $97,388
2019 $3,117 $131,128 $56,000 $75,128
2018 $2,602 $106,980 $52,000 $54,980
2017 $2,546 $104,687 $48,000 $56,687
2016 $2,367 $95,343 $40,000 $55,343
2015 $1,857 $70,438 $28,000 $42,438
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 13648939

North Texas Real Estate Information Systems (NTREIS)

APN: R-0926-000-3600-1