NOT LISTED FOR SALE

516 Reid St Houston, TX 77022

Northside-Northline Neighborhood

Estimated Value: $350,000 - $404,000

4 Beds
2 Baths
2,324 Sq Ft
$163/Sq Ft Est. Value

Last Sold July 08, 2022

Current estimated payment $2,567/month

105 Days on Market

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • North Facing Home
  • 1-Story Property
  • Ceiling Fan

About This Home

As of July 2022

COME SEE THIS TRIPLEX ON THE LOOP, UNRESTRICTED LOT WHICH INCLUDES A 4 BEDROOMS, 2 BATHROOM HOME. NEWLY RENOVATED WITH LAMINATE FLOORS, PAINT, AND NEW CEILING FANS. FULLY FENCED ALL AROUND PROPERTY. THE DUPLEX IS LOCATED FACING THE NORTH LOOP EAST. EACH APARTMENT IS 1 BED/ 1 BATH. THE DUPLEX IS FULLY LEASED. VALUE ADD OPPORTUNITY. PERFECTLY LOCATED BETWEEN DOWNTOWN AND HEIGHTS. ONLY A FEW EXITS EAST FROM HEIGHTS AND FEW MILES NORTH FROM DOWNTOWN. LOCATED ON NORTH LOOP EAST AND CLOSE PROXIMITY TO I45 NORTH, AND HARDY TOLL ROAD. WATER BILL IS SHARED AND BILLED BACK TO TENANTS. PLEASE CONTACT ELIZABETH FOR ANY QUESTIONS. RARE FIND MULTIFAMILY WITH GREAT LOCATION! CONTACT YOUR INVESTOR CLIENTS! INDEPENDENTLY VERIFY ROOM DIMENSIONS. PLEASE CONTACT ELIZABETH FOR ALL QUESTIONS. PLEASE INCLUDE PROOF OF FUNDS WITH YOUR OFFER. SERIOUS OFFERS ONLY. PLEASE DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Henry Morales

Buena Vista Management Co. License #0227602 Listed on: 03/25/2022

Last Buyer's Agent

Kimberly Pierce

Sticks & Bricks Realty License #0748438

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,940

Year Built

  • Built in 1950

Lot Details

  • 5,750 Sq Ft Lot
  • North Facing Home

Parking

  • 2 Parking Spaces

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 2,324 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Disposal
  • Washer and Dryer Hookup

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Roosevelt Elementary School
  • Burbank Middle School
  • Northside High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • 3 Units
  • Lindale Court Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,940

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Year Built: 1950
  • Subdivision Name: Lindale Court
  • Unit Levels: One
  • New Construction: No
  • Property Sub Type Additional: Triplex
  • UniversalParcelId: urn:reso:upi:2.0:US:48201:063-081-002-0012
  • Special Features: None

Interior Features

  • Appliances: Disposal
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Laminate, Tile
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 2324.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Owner Is Listing Agent
  • Roof: Composition
  • Lot Features: Subdivision
  • Direction Faces: North

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Gas
  • Heating Yn: Yes

Schools

  • Elementary School: ROOSEVELT ELEMENTARY SCHOOL (HOUSTON)
  • Junior High Dist: 27 - Houston
  • High School: NORTHSIDE HIGH SCHOOL
  • Middle Or Junior School: BURBANK MIDDLE SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2021
Sold by
Michael Revere John
Bought by
Rosales Jonathan David
Current Estimated Value
$377,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Outstanding Balance
$590,916
Interest Rate
2.8%
Mortgage Type
Seller Take Back
Estimated Equity
-$213,048

Purchase Details

Closed on
Dec 2, 2016
Sold by
Flawless Investments Llc
Bought by
Rowold Landholdings Llc

Purchase Details

Closed on
Jul 16, 2007
Sold by
Gonzales Eugene and Gonzales Rose M
Bought by
Flawless Investments Llc and Rm Real Estate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,200
Interest Rate
6.66%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rosales Jonathan David -- None Listed On Document
Rowold Landholdings Llc -- Frontier Title Co
Flawless Investments Llc -- Fidelity National Title
Flawless Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosales Jonathan David $648,000
Previous Owner Flawless Investments Llc $154,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2022 07/16/22 Off Market -- -- --
07/08/2022 07/08/22 Sold -- -- --
07/08/2022 07/08/22 Pending -- -- --
05/05/2022 05/05/22 Price Changed $379,000 -5.1% $163 / Sq Ft
04/28/2022 04/28/22 For Sale $399,500 0.0% $172 / Sq Ft
04/24/2022 04/24/22 Pending -- -- --
04/19/2022 04/19/22 For Sale $399,500 0.0% $172 / Sq Ft
04/19/2022 04/19/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $399,500 -- $172 / 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 $6,940 $259,479 $94,950 $164,529
2024 $6,940 $331,686 $47,950 $283,736
2023 $6,940 $338,592 $47,950 $290,642
2022 $5,414 $245,866 $47,950 $197,916
2021 $4,125 $177,000 $47,950 $129,050
2020 $4,809 $198,600 $47,950 $150,650
2019 $5,025 $198,600 $47,950 $150,650
2018 $4,302 $170,000 $47,950 $122,050
2017 $4,526 $179,000 $47,950 $131,050
2016 $3,540 $158,093 $47,950 $110,143
2015 -- $115,000 $25,174 $89,826
2014 -- $104,956 $25,174 $79,782
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2022

    Henry Morales

    Buena Vista Management Co.

    Section Image

  • K

    Buyer's Agent in 2022

    Kimberly Pierce

    Sticks & Bricks Realty

    (832) 388-2159

    1 in this area

    5 Total Sales

    Kimberly Pierce
    Section Image
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Map

Source: Houston Association of REALTORS®

MLS Number: 37687250

Houston Association of REALTORS®

APN: 0630810020012

Texas Harris County Houston 77022 Northside-Northline

516 Reid St, Houston, TX

Not Listed for Sale

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