NOT LISTED FOR SALE

Estimated Value: $617,000 - $683,926

8 Beds
8 Baths
4,648 Sq Ft
$138/Sq Ft Est. Value

Last Sold January 29, 2021

Current estimated payment $4,471/month

3 Days on Market

Highlights

  • Private Yard
  • Energy-Efficient Appliances
  • Landscaped
  • Covered Patio or Porch
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of January 2021

TURN KEY Investment Opportunity with Instant Income Potential! Stunning 4Plex close to shopping and highways in FTW. Occupancy is at 75% with each unit boasting 2 bedrooms and 2 full bath plus updated kitchens with all appliances included and private outdoor space. HVAC and windows were replaced throughout, parking lot has been resurfaced and curb appeal is eye catching. A shared laundry room is on the property but 6414A has WD hookups. Units have previously been utilized as AIRBNB. Don't miss this opportunity to own one of the best investments money can buy.

Last Agent to Sell the Property

Cassandra Fogle

Competitive Edge Realty LLC License #0647960 Listed on: 01/13/2021

Competitive Edge Realty LLC

Last Buyer's Agent

Chris Farley

Mountain Creek Real Estate,LLC License #0533445

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,104

Year Built

  • Built in 1970

Lot Details

  • 0.42 Acre Lot
  • Wood Fence
  • Landscaped
  • Sprinkler System
  • Few Trees
  • Private Yard
  • Large Grassy Backyard

Home Design

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

Interior Spaces

  • 4,648 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Decorative Lighting
  • Window Treatments

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Parking

  • 11 Car Garage
  • Carport
  • Rear-Facing Garage
  • Open Parking
  • Assigned Parking
  • Unassigned Parking

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Thermostat

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Schools

  • Woodway Elementary School
  • Wedgwood Middle School
  • Southwest High School

Utilities

  • Central Heating and Cooling System
  • Master Gas Meter
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 28 / 301
  • Assessor Parcel Number 03364178
  • $7,584 per year unexempt tax

Community Details

Overview

  • 4,648 Sq Ft Building
  • Wedgwood Add Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,104

Year Built

Built in 1970

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: 37132
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Ratio Current Price By Building: 113.48967
  • Special Features: None
  • Year Built: 1970

Interior Features

  • Square Footage: 4648.00
  • Windows: Window Coverings
  • Interior Amenities: Cable TV Available, Decorative Lighting, High Speed Internet Available
  • Flooring: Ceramic Tile, Laminate
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Electric Water Heater

Beds/Baths

  • Full Bathrooms: 8
  • Total Bedrooms: 8

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Community Features: Community Sprinkler, Laundry
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Covered Patio/Porch, Rain Gutters, Lighting, Private Yard
  • Waterfront: No
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Number Of Parking Spaces: 11
  • Parking Features: Assigned, Carport, Covered, Garage Faces Rear, Open, Unassigned
  • Attached Garage YN: No
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric
  • Utilities: Asphalt, City Sewer, City Water, Curbs, Master Gas Meter, Sidewalk

Condo/Co-op/Association

  • Complex Name: Wedgewood Addition
  • Association Type: None

Schools

  • School District: Fort Worth ISD
  • Elementary School: Woodway
  • High School: Southwest

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Few Trees, Landscaped, Lrg. Backyard Grass, Sprinkler System
  • Lot Size Units: Acres
  • Lot Size Area: 0.4230
  • Parcel Number: 03364178
  • Lot Size Acres: 0.4230
  • Lot Size Sq Ft: 18425.8800

Green Features

  • Efficiency: Appliances, HVAC, Thermostat
  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1970
  • Units Total: 4
  • SeniorCommunityYN: No

Multi Family

  • Gross Annual Expenses: 9730.00
  • Gross Annual Income: 58800.00
  • Insurance Expense: 2993
  • Tenancy: Other
  • Unit Count: 1

Tax Info

  • Unexempt Taxes: 7584
  • TaxBlock: 301
  • Tax Lot: 28

MLS Schools

  • MiddleOrJuniorSchool: Wedgwood
  • Middle School Name: Wedgwood
  • Elementary School Name: Woodway
  • High School Name: Southwest

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2021
Closed on
Jan 29, 2021
Sold by
Gtx International Trust and Gillean Sylvia
Bought by
Preferred Rentals Llc
Seller's Agent
Cassandra Fogle
Competitive Edge Realty LLC
Buyer's Agent
Chris Farley
Mountain Creek Real Estate,LLC
List Price
$525,000
Current Estimated Value
$641,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.25%

Purchase Details

Closed on
Nov 3, 2017
Sold by
Damsa Marin and Damsa Ioana
Bought by
Gillean Sylvia and Gillean John

Purchase Details

Closed on
Aug 19, 2009
Sold by
The Bank Of New York Mellon
Bought by
Damsa Marin and Damsa Ioana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,001
Interest Rate
5.16%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 11, 2009
Sold by
Suntrust Mortgage Inc
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Feb 3, 2009
Sold by
Alabi Shegun
Bought by
Suntrust Mortgage Inc

Purchase Details

Closed on
Oct 27, 2005
Sold by
Bunch Allen
Bought by
Alabi Shegun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2002
Sold by
B D Samsill Inc
Bought by
Bunch Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
6.76%

Purchase Details

Closed on
Mar 30, 1999
Sold by
Rector Melba
Bought by
B D Samsill Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.82%
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
Preferred Rentals Llc -- None Listed On Document
Gillean Sylvia -- Allegiance Title Co
Damsa Marin -- Lsi Title Agency Inc
The Bank Of New York Mellon -- None Available
Suntrust Mortgage Inc $185,000 None Available
Alabi Shegun -- --
Bunch Allen -- Blue Star Title Inc
B D Samsill Inc -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Damsa Marin $128,001
Previous Owner Alabi Shegun $184,000
Previous Owner Bunch Allen $129,600
Previous Owner B D Samsill Inc $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2021 01/29/21 Sold -- -- --
01/16/2021 01/16/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $525,000 -- $113 / 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
2025 $13,104 $491,086 $56,250 $434,836
2024 $13,104 $584,000 $56,250 $527,750
2023 $11,110 $491,000 $56,250 $434,750
2022 $13,235 $509,113 $50,000 $459,113
2021 $7,584 $276,480 $50,000 $226,480
2020 $7,318 $276,480 $50,000 $226,480
2019 $8,198 $298,008 $50,000 $248,008
2018 $7,484 $272,072 $13,750 $258,322
2017 $5,984 $211,236 $13,750 $197,486
2016 $6,130 $216,391 $13,750 $202,641
2015 $3,920 $138,100 $14,375 $123,725
2014 $3,920 $138,100 $14,375 $123,725
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14499502

North Texas Real Estate Information Systems (NTREIS)

APN: 03364178