$390,000
SOLD AUG 22, 2025
6 Beds
4 Baths
2,600 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$150 Per Sq Ft

7% Below List Price

79 Days on Market

Highlights

  • Corner Lot
  • Baseboard Heating
  • Smart Lights or Controls
  • Smart Appliances

About This Home

As of August 2025

RARE FIND! Charming Multifamily Home in Town - Updated & well-maintained ~Turnkey. Opportunities like this don't come around often! This lovely multifamily property is tucked into a convenient in-town location and falls within the Chase, Wallace, and Crosby School Districts - making it a smart move for homeowners and investors alike. With major updates already done, this home is ready to go: Brand new roof, New side stairwell. Expanded & Newly paved driveway with plenty of parking Each unit offers approximately 1,300 sq. ft. with 3 bedrooms and 1.1 bathrooms, giving you plenty of space to live comfortably or rent with confidence. The upper unit has been completely remodeled and shines with: modern kitchen featuring laundry tucked conveniently under the counters.Updated bathrooms and fresh flooring throughout. A layout that's both stylish and practical. The lower unit has been lovingly maintained by a long-term tenant - a warm and well-cared-for space that reflects years of pride in living. Whether you're looking to live in one unit and rent the other, purchase as an income-generating investment, or create a multi-generational home, this property is truly turnkey and ready for its next chapter. Don't miss out on this unique chance to own a thoughtfully upgraded multifamily. This has been reduced to $399,900 for the double investment!!! Just like having 2 Condos without HOA fees!!!Seriously, do you have to think on this.. ?!!

Last Agent to Sell the Property

Susan Hermanson

William Raveis Real Estate License #RES.0771523 Listed on: 05/21/2025

William Raveis Real Estate

Last Buyer's Agent

Lorranne Jimenez

RE/MAX RISE License #RES.0825897

RE/MAX RISE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,853

Year Built

  • Built in 1985

Lot Details

  • 8,712 Sq Ft Lot
  • Corner Lot

Parking

  • 4 Parking Spaces

Home Design

  • 2,600 Sq Ft Home
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms

Schools

  • High School Chase Elementary School
  • Wallace Middle School
  • Crosby High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Additional Features

  • Smart Appliances
  • Energy-Efficient Lighting

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1382095

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,853

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2600
  • Total Sq Ft: 2600
  • Year Built: 1985
  • New Construction: No/Resale
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: Corner of Frost & Lampson
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 1388
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement Description: None
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: No
  • Home Automation: Appliances, Lighting
  • Street Number Modifier: 6
  • Other SqFt Description: Approx 1300 Sq Ft each unit

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Total Parking Spaces: 4
  • Garage And Parking: None, Paved

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Other
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: H.S. Chase
  • Middle School: Wallace
  • High School: Crosby
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.2
  • Lot Description: Corner Lot
  • Zoning: RL
  • Parcel #: 1382095

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 7853
  • Total Assessed Value: 174580
  • Mil Rate Total: 44.98

MLS Schools

  • Elementary School: H.S. Chase
  • Middle Jr High School: Wallace
  • High School: Crosby

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2025
Closed on
Aug 22, 2025
Sold by
Pace Home Buyers Llc
Bought by
Adames Ana
Seller's Agent
Susan Hermanson
William Raveis Real Estate
Buyer's Agent
Lorranne Jimenez
RE/MAX RISE
List Price
$419,900
Sold Price
$390,000
Premium/Discount to List
-$29,900
-7.12%
Views
98

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.68%
Original Mortgage
$360,000
Outstanding Balance
$360,000
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$39,231

Purchase Details

Closed on
Aug 16, 1990
Sold by
Magavi Sivayogi V
Bought by
Schmeer Herbert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,600
Interest Rate
9.96%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $390,000 --
Deed $138,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 New Conventional
Previous Owner $96,600 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Sold $390,000 -2.5% $150 / Sq Ft
08/12/2025 08/12/25 Pending -- -- --
06/09/2025 06/09/25 Price Changed $399,900 -4.8% $154 / Sq Ft
05/24/2025 05/24/25 For Sale $419,900 -- $162 / Sq Ft
Source: SmartMLS

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 $7,853 $174,580 $15,190 $159,390
2024 $8,631 $174,580 $15,190 $159,390
2023 $9,460 $174,580 $15,190 $159,390
2022 $5,058 $84,010 $15,210 $68,800
2021 $5,058 $84,010 $15,210 $68,800
2020 $5,058 $84,010 $15,210 $68,800
2019 $5,058 $84,010 $15,210 $68,800
2018 $5,058 $84,010 $15,210 $68,800
2017 $4,808 $79,860 $15,210 $64,650
2016 $4,808 $79,860 $15,210 $64,650
2015 $4,649 $79,860 $15,210 $64,650
2014 $4,649 $79,860 $15,210 $64,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24097168

SmartMLS

APN: WATE-000281-000369-000481