NOT LISTED FOR SALE
4 Beds
4 Baths
2,776 Sq Ft
7,636 Sq Ft Lot

Last Sold September 20, 2022

16 Days on Market

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • Partially Fenced Property
  • Corner Lot
  • Ceiling Fan

About This Home

As of September 2022

Fabulous 4-plex within walking distance to Ocean Drive's gorgeous Emerald Beach. This lovely historic building has 4 beautiful one bedroom units and maintains the historic charm of the 1930's with the modern conveniences expected today. On the corner of Elizabeth and 5th, this property is located just behind Spohn Shoreline hospital. Each unit is bright and airy with central air, hardwood floors, a compact kitchen with gas stoves, refrigerators and tile flooring. The formal dining area has beautiful arched cased doorways and the living rooms are spacious with a large storage closet. Each unit is individually metered for electric and gas, building owner pays water. This is a stately brick building on pier and beam with tenant parking in the rear. Great rental income with the opportunity to live in one unit and let the remaining rental income pay the mortgage. Three of the 4 units are currently occupied. Vacant unit is for lease at $750 monthly.

Last Agent to Sell the Property

Michelle Knight

KW Coastal Bend - Northwest License #0451169 Listed on: 08/24/2022

KW Coastal Bend - Northwest

Co-Listed By

Debbie Greene

Keller Williams Coastal Bend License #0676024

Last Buyer's Agent

Sharon Banks

ATC Metro Properties License #0764731

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,655

Year Built

  • Built in 1932

Lot Details

  • 7,636 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Pillar, Post or Pier Foundation
  • Shingle Roof

Interior Spaces

  • 2,776 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Schools

  • Menger Elementary School
  • Baker Middle School
  • Ray High School

Utilities

  • Central Heating and Cooling System
  • Separate Meters

Community Details

  • 4 Units
  • Ocean View Subdivision

Listing and Financial Details

  • Legal Lot and Block 10 / 4

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,655

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Sub Type Additional: Quadruplex
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Co List Office Mls Id: 495000
  • Co List Office Phone: 361-225-7900
  • Subdivision Name: Ocean View
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1932
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Free-Standing Range, Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Hardwood, Tile
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 2776.0
  • Stories: 2
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Partial
  • Lot Features: Corner Lot
  • Construction Type: Brick Veneer
  • Foundation Details: Pillar/Post/Pier
  • Roof: Shingle

Garage/Parking

  • Parking Features: Rear/Side/Off Street

Utilities

  • Laundry Features: Other
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Sewer Available, Separate Meters, Water Available
  • Water Source: Public

Schools

  • Elementary School: Menger
  • Junior High Dist: Corpus Christi ISD
  • High School: Ray
  • Middle Or Junior School: Baker

Lot Info

  • Lot Size Sq Ft: 7636.0

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2655.0
  • Tax Block: 4
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2008
Sold by
Us Bank Na
Bought by
Burgraff Chris and Burgraff Maragaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2008
Sold by
Schwartz Ben
Bought by
Us Bank Na and Holder Of Bear Stearns Asset Backed Secu

Purchase Details

Closed on
Dec 21, 2005
Sold by
Gutierrez Orquidia and Gutierrez Jesus
Bought by
Schwartz Ben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,200
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage
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
Burgraff Chris -- Nueces Title Company
Us Bank Na $99,750 None Available
Schwartz Ben -- Security Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burgraff Chris $104,000
Previous Owner Burgraff Chris $104,000
Previous Owner Schwartz Ben $135,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2022 09/20/22 Sold -- -- --
09/10/2022 09/10/22 Pending -- -- --
08/24/2022 08/24/22 For Sale $319,000 0.0% $115 / Sq Ft
11/12/2015 11/12/15 For Rent $595 0.0% --
11/12/2015 11/12/15 Rented $595 +8.2% --
03/27/2013 03/27/13 Rented $550 0.0% --
03/27/2013 03/27/13 For Rent $550 -8.3% --
08/15/2012 08/15/12 Rented $600 +9.1% --
08/15/2012 08/15/12 For Rent $550 -- --
Source: South Texas MLS

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 $4,275 $327,871 $11,455 $316,416
2024 $4,916 $226,062 $0 $0
2023 $4,273 $200,511 $11,454 $189,057
2022 $2,548 $102,427 $11,454 $90,973
2021 $2,503 $95,721 $11,454 $84,267
2020 $2,564 $97,822 $11,454 $86,368
2019 $2,272 $85,927 $11,454 $74,473
2018 $2,258 $89,164 $11,454 $77,710
2017 $2,786 $110,371 $11,454 $98,917
2016 $2,811 $111,349 $11,454 $99,895
2015 $2,934 $113,149 $11,454 $101,695
2014 $2,934 $115,354 $16,417 $98,937
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Texas MLS

MLS Number: 405613

South Texas MLS

APN: 274749