NOT LISTED FOR SALE

801 W Morton St Denison, TX 75020

Estimated Value: $261,608 - $447,000

6 Beds
4 Baths
3,152 Sq Ft
$112/Sq Ft Est. Value

Last Sold December 21, 2018

Current estimated payment $2,433/month

21 Days on Market

About This Home

As of December 2018

INVESTOR SPECIAL!! Turn-Key Four-Plex is ready for new owner! This 4 unit investment property is located on a desirable street in Denison with many duplexes on the same street. 2 Units offer 2 bedrooms and 1 bathroom. 2 Units offer 1 Bedroom 1 Bathroom. There is rear parking in the back and 2 covered parking spots between buildings. All units are currently occupied. The 2 Bedroom Units lease for $850 per month. The 1 Bedroom Units lease for $700 & $695. There are no photos of the inside as it is currently leased. This property can be purchased with another Duplex Unit right down the road. See MLS number: 13975646

Last Agent to Sell the Property

Brandy Landon

Milestone Premier Properties License #0690856 Listed on: 11/21/2018

Last Buyer's Agent

Kimberly Christensen

EXP REALTY License #0451288

EXP REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,071

Year Built

  • Built in 1957

Lot Details

  • 7,492 Sq Ft Lot

Home Design

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

Interior Spaces

  • 3,152 Sq Ft Home
  • 2-Story Property

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • 6 Car Garage
  • Rear-Facing Garage
  • Open Parking

Schools

  • Terrell Elementary School
  • Henry Scott Middle School
  • Denison High School

Utilities

  • Window Unit Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

  • 4 Units
  • 3,152 Sq Ft Building
  • Day & Munson Addn Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / 15
  • Assessor Parcel Number 141188
  • $2,606 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,071

Year Built

Built in 1957

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: 36070
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 81.85279
  • Special Features: None
  • Year Built: 1957

Interior Features

  • Square Footage: 3152.00
  • Interior Amenities: Cable TV Available, High Speed Internet Available
  • Appliances: Dishwasher, Electric Range, Gas Range

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 6

Exterior Features

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

Garage/Parking

  • Cooling System: Window Unit(s), Other
  • Number Of Parking Spaces: 6
  • Parking Features: Covered, Garage Faces Rear, Open
  • OpenParkingYN: Yes
  • GarageYN: No

Utilities

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

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Denison ISD
  • Elementary School: Terrell
  • Middle School: Henry Scott
  • High School: Denison
  • School District: Denison ISD
  • Elementary School: Terrell
  • High School: Denison

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Units: Acres
  • Lot Size Area: 0.1720
  • Parcel Number: 141188
  • Lot Size Acres: 0.1720
  • Lot Size Sq Ft: 7492.3200

Building Info

  • Year Built: 1957
  • Units Total: 4

Multi Family

  • Gross Annual Expenses: 1070.00
  • Gross Annual Income: 37140.00
  • Insurance Expense: 650

Tax Info

  • Unexempt Taxes: 2606
  • TaxBlock: 15
  • Tax Lot: 2

MLS Schools

  • MiddleOrJuniorSchool: Henry Scott
  • Middle School Name: Henry Scott
  • Elementary School Name: Terrell
  • High School Name: Denison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2018
Closed on
Dec 26, 2018
Sold by
Jeao Holdings Llc
Bought by
Jhec Design Group Inc Retirement Trust
Seller's Agent
Brandy Landon
Milestone Premier Properties
Buyer's Agent
Kimberly Christensen
EXP REALTY
List Price
$269,900
Current Estimated Value
$354,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.11%

Purchase Details

Closed on
Mar 21, 2017
Sold by
Cupid Properties L L C
Bought by
White James Labon

Purchase Details

Closed on
Aug 18, 2004
Sold by
Wisdom Ruby L
Bought by
Luker Enterprises Llc and Light Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.25%
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
Jhec Design Group Inc Retirement Trust -- None Available
White James Labon -- Red River Title Co
Luker Enterprises Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Luker Enterprises Llc $70,000
Previous Owner Luker Enterprises Llc $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2018 12/21/18 Sold -- -- --
12/12/2018 12/12/18 Pending -- -- --
11/21/2018 11/21/18 For Sale $269,900 -- $86 / 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 $6,071 $253,519 $43,125 $210,394
2024 $6,071 $261,302 $47,250 $214,052
2023 $5,997 $264,676 $40,875 $223,801
2022 $6,110 $257,151 $40,875 $216,276
2021 $4,784 $189,693 $20,250 $169,443
2020 $4,300 $163,030 $15,000 $148,030
2019 $4,417 $160,527 $12,450 $148,077
2018 $2,627 $94,689 $7,800 $86,889
2017 $1,088 $38,883 $6,975 $31,908
2016 $674 $24,098 $4,200 $19,898
2015 $0 $33,357 $3,150 $30,207
2014 -- $24,827 $3,150 $21,677
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 13976818

North Texas Real Estate Information Systems (NTREIS)

APN: 141188