NOT LISTED FOR SALE

Estimated Value: $460,000 - $606,000

-- Bed
-- Bath
3,792 Sq Ft
$139/Sq Ft Est. Value

Last Sold June 14, 2024

Current estimated payment $3,500/month

4 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • A&M Consolidated Middle School Rated A
  • Carpet

About This Home

As of June 2024

You don't want to miss out on this fantastic, fully leased investment property! This 4-plex is fully leased with $$3,950/mo in rent! It has been extensively updated in the last couple of years, including a new roof & new AC units inside & out in 2022 for ALL units! As well as new doors, windows, and patio doors. PLUS ALL units have new appliances. Two of the units are updated with all new paint, ceiling fans, carpet upstairs, ceramic tile, & vinyl wood plank flooring and so on! All units have a Jack & Jill bathroom arrangement where each bedroom has its own private vanity. Walking distance to all of the amazing restaurant's right on University Dr! You have an endless amount of shopping & dining right at your fingertips! You should go see this one today before it gets away!

Last Agent to Sell the Property

Kendra Hudson

Hudson Team, The License #0572755 Listed on: 05/02/2024

Last Buyer's Agent

Alexis Knox

Knox Realty Advisors, LLC License #0686965

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,243

Year Built

  • Built in 1981

Lot Details

  • 0.26 Acre Lot

Parking

  • On-Site Parking

Home Design

  • Quadruplex
  • Frame Construction
  • Asphalt Roof
  • HardiePlank Type

Interior Spaces

  • 3,792 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 4 Units
  • Lincoln Place Subdivision

Listing and Financial Details

  • Legal Lot and Block 15 / B
  • Assessor Parcel Number 31511

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,243

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Directions: From HWY 6 S, You will exit University Drive E and drive down 3.5 miles and take a left on Tarrow St and Wellesley is three streets down.
  • Unit Levels: One
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Building Stories: 1
  • Subdivision Name: Lincoln Place
  • Year Built: 1981
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Range, Microwave, Dryer, Gas Water Heater, Washer
  • Flooring: Carpet, Vinyl
  • Dining Room Type: Dining Room, Family Room, Kitchen

Exterior Features

  • Construction Type: Frame, HardiPlank Type
  • Fencing: None
  • Roof: Asphalt

Garage/Parking

  • Parking Features: On Site

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Junior High Dist: College Station

Lot Info

  • Lot Size Sq Ft: 11539.0
  • Parcel #: 31511
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Block: B
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2024
Closed on
Jun 13, 2024
Sold by
Benz Timothy and Pachuau Judith
Bought by
Riascos-Castaneda Roy Francisco and Riascos Camilo
Seller's Agent
Kendra Hudson
Hudson Team, The
Buyer's Agent
Alexis Knox
Knox Realty Advisors, LLC
List Price
$535,000
Sold Price
$523,000
Premium/Discount to List
-$12,000
-2.24%
Views
13
Current Estimated Value
$527,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,044
Avg. Annual Appreciation
-3.71%
Original Mortgage
$418,400
Outstanding Balance
$415,026
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$87,602

Purchase Details

Listed on
May 16, 2022
Closed on
Aug 24, 2022
Sold by
Grace Lynn Savage Revocable Trust
Bought by
Benz Timothy and Pachuau Judith
Seller's Agent
Keith Clements
Equity Real Estate
Buyer's Agent
Chad Hovde
NON MEMBERS
List Price
$420,000
Sold Price
$400,000
Premium/Discount to List
-$20,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.97%
Original Mortgage
$392,755
Interest Rate
5.51%
Mortgage Type
FHA

Purchase Details

Closed on
May 28, 2021
Sold by
Savage Eugene Bernard and Eugene B Savage Iii Revocable
Bought by
Savage Grace Lynn and Grace Lynn Savage Revocable Tr
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
Riascos-Castaneda Roy Francisco -- University Title
Benz Timothy $392,755 Lawyers Title
Savage Grace Lynn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riascos-Castaneda Roy Francisco $418,400
Previous Owner Benz Timothy $392,755
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold -- -- --
05/06/2024 05/06/24 Pending -- -- --
05/02/2024 05/02/24 For Sale $535,000 +27.4% $141 / Sq Ft
08/27/2022 08/27/22 Off Market -- -- --
08/25/2022 08/25/22 Sold -- -- --
07/20/2022 07/20/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $420,000 -- $111 / Sq Ft
Source: Bryan-College Station Regional Multiple Listing Service

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
2023 $7,243 $427,312 $71,500 $355,812
2022 $7,589 $355,924 $65,000 $290,924
2021 $6,345 $280,934 $65,000 $215,934
2020 $6,312 $277,920 $65,000 $212,920
2019 $5,474 $231,660 $65,000 $166,660
2018 $5,349 $224,710 $65,000 $159,710
2017 $5,355 $227,520 $65,000 $162,520
2016 $5,211 $221,400 $65,000 $156,400
2015 $4,787 $220,430 $65,000 $155,430
2014 $4,787 $206,570 $71,410 $135,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bryan-College Station Regional Multiple Listing Service

MLS Number: 24009004

Bryan-College Station Regional Multiple Listing Service

APN: 31511