NOT LISTED FOR SALE

812 W College St Unit 814 Sherman, TX 75092

Estimated Value: $305,000

4 Beds
4 Baths
2,200 Sq Ft
$139/Sq Ft Est. Value

Last Sold July 26, 2024

Current estimated payment $2,225/month

112 Days on Market

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • High Speed Internet
  • 1-Story Property

About This Home

As of July 2024

Fully occupied duplex in booming Grayson County. $2,490 gross montly rents. Both units are 2 bed, 2 bath, and 1,100 sq ft. Each unit has a bright open entry when you walk in. Comes with features like vinyl plank, tile, and carpet flooring, lots of natural lite and plenty of storage space. Incredible location in booming Sherman with SO much growth happening with TI, IIVI, Globitech, and more. Fantastic investment opportunity.***OWNER WILL DO OWNER FINANCE WITH 10% DOWN AT 9% INTEREST***

Last Listed By

Will Clark

OmniKey Realty, LLC. Brokerage Phone: 972-480-8280 License #0648465 Listed on: 03/01/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,405

Year Built

  • Built in 1948

Lot Details

  • 6,882

Parking

  • Driveway

Home Design

  • Duplex

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Schools

  • Henry W Sory Elementary School
  • Piner Middle School
  • Sherman High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • 1-Story Property
  • 6,882 Sq Ft Lot

Community Details

  • 2 Units
  • 2,200 Sq Ft Building
  • Fisher Fairmont Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / 1
  • Assessor Parcel Number 159500
  • $6,779 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,405

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 135.34091
  • Attribution Contact: 972-480-8280
  • Special Features: None
  • Year Built: 1948

Interior Features

  • Interior Amenities: Cable TV Available, High Speed Internet Available
  • Flooring: Luxury Vinyl Plank, Tile, Other
  • Appliances: Dishwasher, Disposal, Electric Range

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Foundation: Other
  • Roof: Other
  • Construction Materials: Other

Garage/Parking

  • Cooling System: Central Air
  • Parking Features: Driveway, Other
  • Attached Garage YN: No
  • GarageYN: No

Utilities

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

Condo/Co-op/Association

  • Complex Name: 812/814 W College
  • Association Type: None

Schools

  • School District: Sherman ISD
  • Elementary School: Henry W Sory
  • Middle School: Piner
  • High School: Sherman
  • School District: Sherman ISD
  • Elementary School: Henry W Sory

Lot Info

  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Units: Acres
  • Lot Size Area: 0.1580
  • Parcel Number: 159500
  • Lot Size Acres: 0.1580
  • Lot Size Sq Ft: 6882.4800

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1948
  • Units Total: 2

Multi Family

  • Gross Annual Income: 29880.00
  • Unit Count: 2

Tax Info

  • Unexempt Taxes: 6779
  • TaxBlock: 1
  • Tax Lot: 6

MLS Schools

  • Middle School Name: Piner
  • Elementary School Name: Henry W Sory
  • High School Name: Sherman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Jul 26, 2024
Sold by
L & M Slaughter Properties Llc
Bought by
Emery Lewis Robert
Seller's Agent
Will Clark
OmniKey Realty, LLC.
Buyer's Agent
Pedro Menese Meneses
William Grayson Realty
List Price
$339,900
Sold Price
$310,000
Premium/Discount to List
-$29,900
-8.8%
Total Days on Market
112
Views
85
Current Estimated Value
$305,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,000
Avg. Annual Appreciation
-1.99%
Original Mortgage
$200,000
Outstanding Balance
$198,603
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$106,397

Purchase Details

Closed on
Aug 24, 2023
Sold by
L & M Slaughter Properties Llc
Bought by
Slaughter Leah and Slaughter Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2022
Sold by
Gottschalk Texas Investments Llc
Bought by
L & M Slaughter Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2021
Sold by
Gottschalk Theo
Bought by
Gottschalk Texas Investments Llc

Purchase Details

Listed on
May 20, 2019
Closed on
Aug 16, 2019
Sold by
Dragonfly Investment Properties Inc
Bought by
Gottschalk Theo
Seller's Agent
Joey Jordan
Frontier Properties Real Estate, LLC
Buyer's Agent
Porfirio Segovia
Creative Real Estate Solutions LLC.
List Price
$200,000
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.63%
Original Mortgage
$133,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2009
Sold by
Cook Linda Sue
Bought by
Alyea Harley G and Alyea Cheryl K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.24%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 22, 2004
Sold by
Bishop Ellean
Bought by
Bishop Bobby W

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
Emery Lewis Robert -- None Listed On Document
Slaughter Leah -- None Listed On Document
L & M Slaughter Properties Llc -- Kane Title
Gottschalk Texas Investments Llc -- None Available
Gottschalk Theo -- None Available
Alyea Harley G $8,000 None Available
Bishop Bobby W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Emery Lewis Robert $200,000
Previous Owner Slaughter Leah $224,000
Previous Owner L & M Slaughter Properties Llc $200,000
Previous Owner Gottschalk Theo $141,500
Previous Owner Gottschalk Theo $133,500
Previous Owner Alyea Harley G $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold -- -- --
06/22/2024 06/22/24 Pending -- -- --
06/04/2024 06/04/24 Price Changed $310,000 -3.1% $141 / Sq Ft
04/11/2024 04/11/24 Price Changed $320,000 -3.0% $145 / Sq Ft
03/25/2024 03/25/24 Price Changed $330,000 -2.9% $150 / Sq Ft
03/01/2024 03/01/24 For Sale $339,900 +70.0% $155 / Sq Ft
08/20/2019 08/20/19 Sold -- -- --
07/29/2019 07/29/19 Pending -- -- --
05/20/2019 05/20/19 For Sale $200,000 -- $91 / 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
2024 $6,405 $292,043 $50,050 $241,993
2023 $6,351 $289,252 $42,605 $246,647
2022 $6,315 $269,474 $44,673 $224,801
2021 $5,820 $232,187 $40,013 $192,174
2020 $4,737 $180,496 $19,113 $161,383
2019 $3,420 $126,870 $9,694 $117,176
2018 $3,089 $123,119 $6,669 $116,450
2017 $2,712 $108,947 $6,669 $102,278
2016 $2,153 $86,493 $6,669 $79,824
2015 $0 $87,642 $6,669 $80,973
2014 -- $13,989 $6,669 $7,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20549394

North Texas Real Estate Information Systems (NTREIS)

APN: 159500