NOT LISTED FOR SALE

Estimated Value: $533,000 - $575,000

6 Beds
7 Baths
3,048 Sq Ft
$181/Sq Ft Est. Value

Last Sold October 28, 2021

Current estimated payment $3,743/month

57 Days on Market

Highlights

  • Deck
  • 3 Fireplaces
  • Balcony
  • Vaulted Ceiling
  • Private Yard
  • Plantation Shutters

About This Home

As of October 2021

Great investment opportunity in a desired location in the city of Arlington. Unit B is 2 story, A & C are single story. All units have private back yards and assigned covered carport in the back.
Unit C just completed renovation and was leased at $1,350 a month. Units A & B can see big bumps in rent increases in the coming renewals.

Last Agent to Sell the Property

Rita Gozlan-Derjavetz

Wisdom REALTORS License #0579999 Listed on: 08/12/2021

Last Buyer's Agent

Eric Pangle

Great Western Realty License #0687147

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • 7,667 Sq Ft Lot
  • Private Yard

Home Design

  • Triplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Siding

Interior Spaces

  • 3,048 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • 3 Fireplaces
  • Brick Fireplace
  • Plantation Shutters

Kitchen

  • Electric Oven
  • Built-In Gas Range

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 3 Parking Spaces
  • Carport

Outdoor Features

  • Balcony
  • Deck
  • Patio

Schools

  • Pope Elementary School
  • Shackelfor Middle School
  • Lamar High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • 3,048 Sq Ft Building
  • Chestnut Spgs Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 / 1
  • Assessor Parcel Number 00537640
  • $6,833 per year unexempt tax

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

7,667 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 1
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 170.60367
  • Special Features: None
  • Year Built: 1982

Interior Features

  • Square Footage: 3048.00
  • Windows: Plantation Shutters
  • Fireplace Features: Brick
  • Interior Amenities: Cable TV Available, High Speed Internet Available, Vaulted Ceiling(s)
  • Appliances: Built-in Gas Range, Electric Oven, Refrigerator
  • Fireplaces: 3

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 4
  • Total Bedrooms: 6

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Brick, Siding
  • Exterior Features: Balcony, Private Yard
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Cooling System: Central Air, Electric
  • Number Of Parking Spaces: 3
  • Parking Features: Carport
  • GarageYN: No

Utilities

  • Heating: Central, Natural Gas
  • Utilities: Asphalt, City Sewer, City Water, Curbs

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Arlington ISD
  • Elementary School: Pope
  • Junior High School: Shackelfor
  • High School: Lamar

Lot Info

  • PropertyAttachedYN: No
  • Lot Size Units: Acres
  • Lot Size Area: 0.1760
  • Parcel Number: 00537640
  • Lot Size Acres: 0.1760
  • Lot Size Sq Ft: 7666.5600

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1982
  • Units Total: 3

Multi Family

  • Gross Annual Expenses: 1.00
  • Gross Annual Income: 1.00
  • Insurance Expense: 1
  • Unit Count: 3

Tax Info

  • Unexempt Taxes: 6833
  • TaxBlock: 1
  • Tax Lot: 3

MLS Schools

  • MiddleOrJuniorSchool: Shackelfor
  • Elementary School Name: Pope
  • High School Name: Lamar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2023
Sold by
Shanmugadas Suresh Kannan and Shanmugadas Reena Suresh
Bought by
Suresh Kannan Shanmugadas And Reena Suresh Ka and Shanmugadas
Current Estimated Value
$550,511

Purchase Details

Listed on
Aug 12, 2021
Closed on
Oct 28, 2021
Sold by
Smith Scott Royal and 610 Lillard Road Trust
Bought by
Shanmugadas Suresh Kannan and Kannan Reena Suresh
Seller's Agent
Rita Gozlan-Derjavetz
Wisdom REALTORS
Buyer's Agent
Eric Pangle
Great Western Realty
List Price
$545,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.48%
Original Mortgage
$390,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2021
Sold by
Kang Seung M
Bought by
Smith Scott Royal and 610 Lillard Road Trust

Purchase Details

Closed on
Jul 31, 2020
Sold by
Gandhi Vishal
Bought by
Kang Seung M

Purchase Details

Closed on
Apr 6, 2020
Sold by
Snv Ventures Llc
Bought by
Gandhi Vishal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,100
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2018
Sold by
Bumett Phillip K and Bumett Carolyn C
Bought by
Gandhi Vishal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,225
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2015
Sold by
Moon Douglas Lewis and Moon Judith C
Bought by
Burnett Phillip K and Burnett Carolyn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2012
Sold by
Tran Ha Quang and Nguyen Phung Ngoc
Bought by
Moon Douglas Lewis and Moon Judith C

Purchase Details

Closed on
Apr 24, 2001
Sold by
Sodd Ellis and Sodd Betty J
Bought by
Tran Ha Quang and Nguyen Phung Ngoc
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
Suresh Kannan Shanmugadas And Reena Suresh Ka -- None Listed On Document
Suresh Kannan Shanmugadas And Reena Suresh Ka -- None Listed On Document
Shanmugadas Suresh Kannan -- Capital Title Of Texas
Shanmugadas Suresh Kannan -- Capital Title Of Texas
Smith Scott Royal -- None Available
Smith Scott Royal -- None Available
Kang Seung M -- None Available
Kang Seung M -- None Available
Gandhi Vishal -- None Available
Gandhi Vishal -- None Available
Gandhi Vishal -- Providence Title Co
Gandhi Vishal -- Providence Title Co
Burnett Phillip K -- Ort
Burnett Phillip K -- Ort
Moon Douglas Lewis -- None Available
Moon Douglas Lewis -- None Available
Tran Ha Quang -- First American Title Co
Tran Ha Quang -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shanmugadas Suresh Kannan $390,000
Previous Owner Gandhi Vishal $198,100
Previous Owner Gandhi Vishal $201,225
Previous Owner Burnett Phillip K $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2021 10/28/21 Sold -- -- --
10/08/2021 10/08/21 Pending -- -- --
09/10/2021 09/10/21 Price Changed $539,000 -1.1% $177 / Sq Ft
08/12/2021 08/12/21 For Sale $545,000 -- $179 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

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 $10,166 $370,182 $30,000 $340,182
2024 $10,166 $465,149 $30,000 $435,149
2023 $10,453 $473,730 $30,000 $443,730
2022 $10,772 $433,117 $16,000 $417,117
2021 $10,322 $397,274 $16,000 $381,274
2020 $6,605 $263,000 $16,000 $247,000
2019 $6,833 $267,446 $16,000 $251,446
2017 $6,433 $241,694 $16,000 $225,694
2016 $4,380 $164,575 $16,000 $148,575
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14648745

North Texas Real Estate Information Systems (NTREIS)

APN: 00537640

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