NOT LISTED FOR SALE

614 Race St Crowley, TX 76036

Estimated Value: $548,000 - $590,000

12 Beds
4 Baths
4,256 Sq Ft
$133/Sq Ft Est. Value

Last Sold January 08, 2020

Current estimated payment $4,032/month

26 Days on Market

Highlights

  • Interior Lot
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of January 2020

Amazing investor opportunity! Brick Fourplex with 4 identical units each with 3 bedrooms, 1 bath and washer & dryer connections; all units are separately metered with tenants paying all utilities; Located close to schools, parks, shopping and a short commute to downtown Fort Worth;

Last Agent to Sell the Property

Sylvia Cantu

Metro Cities Realty License #0502070 Listed on: 11/22/2019

Last Buyer's Agent

Michelle Montemayor

Keller Williams Realty License #0705153

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,273

Year Built

  • Built in 2000

Lot Details

  • 8,843 Sq Ft Lot
  • Interior Lot

Home Design

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

Interior Spaces

  • 4,256 Sq Ft Home
  • 2-Story Property
  • Window Treatments

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Full Bathrooms

Parking

  • 8 Car Garage
  • Front Facing Garage
  • Open Parking
  • Unassigned Parking

Schools

  • Sycamore Elementary School
  • Crowley Middle School
  • Crowley High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 4,256 Sq Ft Building
  • Holley Place Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 / 1
  • Assessor Parcel Number 05546842
  • $12,661 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,273

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 31900
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 93.28008
  • Special Features: None
  • Year Built: 2000

Interior Features

  • Square Footage: 4256.00
  • Windows: Window Coverings
  • Interior Amenities: Cable TV Available
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Appliances: Dishwasher, Disposal, Electric Range, Refrigerator

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 12

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Brick, Siding

Garage/Parking

  • Cooling System: Central Air, Electric
  • Number Of Parking Spaces: 8
  • Parking Features: Garage Faces Front, Open, Unassigned
  • OpenParkingYN: Yes
  • GarageYN: No

Utilities

  • Heating: Central, Electric
  • Utilities: City Sewer, City Water, Curbs

Condo/Co-op/Association

  • Complex Name: 614 Race
  • Association Type: None

Schools

  • School District: Crowley ISD
  • Elementary School: Sycamore
  • Middle School: Crowley
  • High School: Crowley
  • School District: Crowley ISD
  • Elementary School: Sycamore
  • High School: Crowley

Lot Info

  • PropertyAttachedYN: No
  • Lot Features: Interior Lot
  • Lot Size Units: Acres
  • Lot Size Area: 0.2030
  • Parcel Number: 05546842
  • Lot Size Acres: 0.2030
  • Lot Size Sq Ft: 8842.6800

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2000
  • Units Total: 4

Multi Family

  • Gross Annual Expenses: 9200.00
  • Gross Annual Income: 41100.00
  • Insurance Expense: 1350
  • Unit Count: 3

Tax Info

  • Unexempt Taxes: 12661
  • TaxBlock: 1
  • Tax Lot: 3

MLS Schools

  • MiddleOrJuniorSchool: Crowley
  • Middle School Name: Crowley
  • Elementary School Name: Sycamore
  • High School Name: Crowley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2019
Closed on
Jan 7, 2020
Sold by
Rao Raj J and Shah Angna V
Bought by
Montemayor Ovidio
Seller's Agent
Sylvia Cantu
Metro Cities Realty
Buyer's Agent
Michelle Montemayor
Keller Williams Realty
List Price
$389,000
Current Estimated Value
$567,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%
Original Mortgage
$297,750
Outstanding Balance
$265,871
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$289,882

Purchase Details

Closed on
Feb 22, 2017
Sold by
Schneider Ryan Jon
Bought by
Rao Raj J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2012
Sold by
Race Street Four Plex Llc
Bought by
Schneider Ryan Jon

Purchase Details

Closed on
Oct 3, 2007
Sold by
Schneider Ryan Jon
Bought by
Race Street Four Plex Llc

Purchase Details

Closed on
Jul 10, 2007
Sold by
Kim John Y and Friedman Amy E
Bought by
Schneider Ryan Jon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2005
Sold by
Ray Doug
Bought by
Kim John Young and Friedman Amy Esther

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,800
Interest Rate
5.83%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 31, 2000
Sold by
Leavitt Douglas K
Bought by
Doug Leavitt Homes Inc

Purchase Details

Closed on
Mar 4, 1998
Sold by
Bolton Charles E
Bought by
Doug Leavett Custom Homes Inc
Source: Public Records

Range of Values:

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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
Montemayor Ovidio -- Old Republic Title
Rao Raj J -- Old Republic Title
Schneider Ryan Jon -- None Available
Race Street Four Plex Llc -- None Available
Schneider Ryan Jon -- Commonwealth Land
Kim John Young -- First Land Title
Doug Leavitt Homes Inc -- Commonwealth Land Title
Doug Leavett Custom Homes Inc -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montemayor Ovidio $297,750
Previous Owner Rao Raj J $202,500
Previous Owner Schneider Ryan Jon $207,000
Previous Owner Schneider Ryan Jon $220,000
Previous Owner Schneider Ryan Jon $27,500
Previous Owner Kim John Young $217,800
Previous Owner Ray Doug $159,000
Previous Owner Ray Doug $161,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2020 01/08/20 Sold -- -- --
12/18/2019 12/18/19 Pending -- -- --
11/22/2019 11/22/19 For Sale $389,000 0.0% $91 / Sq Ft
08/08/2019 08/08/19 Rented $850 0.0% --
08/08/2019 08/08/19 For Rent $850 -- --
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 $11,273 $480,584 $40,000 $440,584
2023 $11,215 $476,522 $40,000 $436,522
2022 $12,315 $461,808 $30,000 $431,808
2021 $12,602 $445,593 $30,000 $415,593
2020 $13,224 $465,802 $15,000 $450,802
2019 $12,661 $425,778 $15,000 $410,778
2018 $8,281 $278,481 $15,000 $263,481
2017 $8,436 $279,726 $15,000 $264,726
2016 $6,492 $215,255 $15,000 $200,255
2015 $6,425 $215,000 $15,000 $200,000
2014 $6,425 $215,000 $15,000 $200,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Sylvia Cantu

    Metro Cities Realty

    (214) 500-3335

    1 in this area

    36 Total Sales

    Section Image
  • Michelle Montemayor

    Buyer's Agent in 2020

    Michelle Montemayor

    Keller Williams Realty

    (972) 861-2144

    2 in this area

    224 Total Sales

    Section Image

  • G

    Seller's Agent in 2019

    Garrett George

    Specialized Property Mngmnt

    (469) 684-9249

    14 Total Sales

    Section Image
  • Rena Gray

    Buyer's Agent in 2019

    Rena Gray

    Rena Gray Real Estate

    (817) 229-6476

    14 Total Sales

    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14232120

North Texas Real Estate Information Systems (NTREIS)

APN: 05546842

Texas Tarrant County Crowley 76036

614 Race St, Crowley, TX

This home is located at 614 Race St, Crowley, TX 76036 since 22 November 2019 and is currently estimated at $567,504, approximately $133 per square foot. This property was built in 2000. 614 Race St is a home located in Tarrant County with nearby schools including S High Crowley Intermediate School, Richard Allie Middle School, and Crowley High School.

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