NOT LISTED FOR SALE

719 Boyd Dr Grapevine, TX 76051

Estimated Value: $730,000 - $769,923

8 Beds
8 Baths
4,352 Sq Ft
$172/Sq Ft Est. Value

Last Sold November 15, 2023

Current estimated payment $4,239/month

38 Days on Market

Highlights

  • Open Floorplan
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Silver Lake Elementary School Rated A
  • 1-Story Property

About This Home

As of November 2023

This is such a rare find in Grapevine! Great investment Quadruplex property in sought after GCISD School District. The property is situated in a prime location that is close to major highways, shopping centers, and restaurants. This makes it an attractive option for tenants who are looking for convenience and accessibility. Each unit is 2 stories with a little over 1,000 square feet with 2 bedrooms, 1.5 baths, living, dining, kitchen with laundry area . Each unit also comes with a private fenced-in backyard patio. The units are #719, #721, #723, #725 and are allotted 2 parking spaces per unit. Water is metered together and average is $100 month for all 4. Each pays all other utilities. Current rents are low and an opportunity to raise rents. Average rents in the area are approx $1600-1700 month.

Last Agent to Sell the Property

Michelle Carrasco

Century 21 Mike Bowman, Inc. Brokerage Phone: 817-354-7653 License #0527346 Listed on: 08/31/2023

Century 21 Mike Bowman, Inc.

Last Buyer's Agent

Chad Collins

JPAR Grapevine East License #0488459

JPAR Grapevine East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,349

Year Built

  • Built in 1981

Lot Details

  • 10,803

Home Design

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

Interior Spaces

  • 1-Story Property
  • Open Floorplan

Kitchen

  • Electric Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

  • 2 Parking Spaces
  • Assigned Parking

Schools

  • Dove Elementary School
  • Grapevine Middle School
  • Grapevine High School

Additional Features

  • 10,803 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units
  • 4,352 Sq Ft Building
  • Wildwood Terrace Apts Add Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 03526240
  • $9,735 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,349

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 50000
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 166.59007
  • Attribution Contact: 817-354-7653
  • Special Features: None
  • Year Built: 1981

Interior Features

  • Interior Amenities: Open Floorplan
  • Flooring: Carpet, Ceramic Tile
  • Appliances: Dishwasher, Electric Cooktop

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Total Bedrooms: 8

Exterior Features

  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Brick

Garage/Parking

  • Cooling System: Central Air
  • Number Of Parking Spaces: 2
  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • Complex Name: Wildwood Terrace
  • Association Type: None

Schools

  • School District: Grapevine-Colleyville ISD
  • Elementary School: Dove
  • Middle School: Grapevine
  • High School: Grapevine
  • School District: Grapevine-Colleyville ISD
  • Elementary School: Dove

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.2480
  • Parcel Number: 03526240
  • Lot Size Acres: 0.2480
  • Lot Size Sq Ft: 10802.8800

Building Info

  • Year Built: 1981
  • Units Total: 4
  • SeniorCommunityYN: No

Multi Family

  • Gross Annual Expenses: 3200.00
  • Gross Annual Income: 58000.00
  • Insurance Expense: 2000
  • Unit Count: 4

Tax Info

  • Unexempt Taxes: 9735
  • Tax Lot: 6

MLS Schools

  • Middle School Name: Grapevine
  • Elementary School Name: Dove
  • High School Name: Grapevine

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2023
Closed on
Nov 15, 2023
Sold by
Ivy Lake Investments 2 Llc
Bought by
Mudro Samuel and Mudro Kristina
Seller's Agent
Michelle Carrasco
Century 21 Mike Bowman, Inc.
Buyer's Agent
Chad Collins
JPAR Grapevine East
List Price
$880,000
Views
186
Current Estimated Value
$749,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.28%
Original Mortgage
$543,750
Outstanding Balance
$534,246
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$215,716

Purchase Details

Closed on
Apr 18, 2014
Sold by
Gillingham Kurt
Bought by
Ivy Lake Investments 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,362
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2014
Sold by
Irving Investments Ltd
Bought by
Gillingham Kurt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,362
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2005
Sold by
Jpmorgan Chase Bank
Bought by
Irving Investments Ltd

Purchase Details

Closed on
May 3, 2005
Sold by
Wiman Kevin and Wiman Daniela Souza
Bought by
Jpmorgan Chase Bank

Purchase Details

Closed on
Jun 11, 2004
Sold by
Idoski Gazim
Bought by
Wiman Kevin and Wiman Daniela Souza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2003
Sold by
Gregory Investments
Bought by
Idoski Gazim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,600
Interest Rate
6.31%
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 Buyer Sale Price Title Company
Mudro Samuel -- Old Republic National Title In
Ivy Lake Investments 2 Llc -- None Available
Gillingham Kurt -- None Available
Irving Investments Ltd -- Republic Title Of Texas I
Jpmorgan Chase Bank $178,500 --
Wiman Kevin -- --
Wiman Kevin -- --
Idoski Gazim -- Alamo Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mudro Samuel $543,750
Previous Owner Gillingham Kurt $119,362
Previous Owner Irving Investments Ltd $250,000
Previous Owner Wiman Kevin $196,000
Previous Owner Wiman Kevin $49,000
Previous Owner Idoski Gazim $149,600
Closed Idoski Gazim $18,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2023 11/15/23 Sold -- -- --
10/09/2023 10/09/23 Pending -- -- --
10/06/2023 10/06/23 For Sale $880,000 0.0% $202 / Sq Ft
09/28/2023 09/28/23 Pending -- -- --
08/31/2023 08/31/23 For Sale $880,000 -- $202 / 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 $3,349 $590,000 $60,000 $530,000
2024 $3,349 $694,498 $60,000 $634,498
2023 $8,237 $491,350 $60,000 $431,350
2022 $9,735 $491,350 $60,000 $431,350
2021 $6,643 $305,514 $18,000 $287,514
2020 $6,817 $309,934 $18,000 $291,934
2019 $5,574 $244,406 $18,000 $226,406
2018 $1,793 $301,567 $18,000 $283,567
2017 $7,238 $312,988 $18,000 $294,988
2016 $6,233 $269,521 $18,000 $251,521
2015 $5,781 $252,000 $18,000 $234,000
2014 $5,781 $252,000 $18,000 $234,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20413792

North Texas Real Estate Information Systems (NTREIS)

APN: 03526240