NOT LISTED FOR SALE

Estimated Value: $456,000 - $698,000

-- Bed
-- Bath
1,617 Sq Ft
$347/Sq Ft Est. Value

Last Sold October 15, 2021

Current estimated payment $3,919/month

242 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • 1-Story Property
  • Wharton Dual Language Academy Rated A-
  • Window Unit Cooling System
  • 5-minute walk to Peggy H. Shifflick Park

About This Home

As of October 2021

Great investment opportunity in Montrose/River Oaks! This triplex property is 100% leased in a fabulous location within walking distance to Buffalo Bayou Park, restaurants and stores. No deed restrictions, so there are numerous possibilities for redevelopment.

Please note this property is occupied. Contact listing agent for an appointment.

Last Agent to Sell the Property

Cynthia Wolff

Beth Wolff Realtors License #0375154 Listed on: 01/15/2021

Beth Wolff Realtors

Last Buyer's Agent

Michael Stavinoha

Keller Williams Memorial License #0675302

Keller Williams Memorial

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,657

Year Built

  • Built in 1930

Lot Details

  • 5,000 Sq Ft Lot

Parking

  • 1 Parking Space

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • 1,617 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Kitchen

  • Granite Countertops
  • Disposal

Schools

  • William Wharton K-8 Dual Language Academy Elementary School
  • Gregory-Lincoln Middle School
  • Lamar High School

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System

Community Details

  • 3 Units
  • West Gray Terrace Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,657

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Directions: Head east on Westheimer Road to Montrose Boulevard. Turn North onto Montrose, and turn east on W. Gray. The property will be on your right.
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Year Built: 1930
  • Subdivision Name: West Gray Terrace
  • Unit Levels: One
  • New Construction: No
  • Property Sub Type Additional: Triplex
  • Special Features: None

Interior Features

  • Appliances: Disposal, Refrigerator
  • Flooring: Wood, Hardwood
  • Interior Amenities: Granite Counters
  • Living Area: 1617.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: None
  • Roof: Other
  • Construction Type: Brick

Utilities

  • Utilities: Natural Gas Available, Water Available
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window Unit
  • Heating Yn: Yes

Schools

  • Elementary School: WILLIAM WHARTON K-8 DUAL LANGUAGE ACADEMY
  • Junior High Dist: 27 - Houston
  • High School: LAMAR HIGH SCHOOL (HOUSTON)
  • Middle Or Junior School: GREGORY-LINCOLN MIDDLE SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 10657.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Oct 15, 2021
Sold by
W Gray Capital Llc
Bought by
Sumrith Tanawat
Seller's Agent
Cynthia Wolff
Beth Wolff Realtors
Buyer's Agent
Michael Stavinoha
Keller Williams Memorial
List Price
$599,000
Current Estimated Value
$560,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%
Original Mortgage
$337,500
Outstanding Balance
$309,101
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$251,453

Purchase Details

Closed on
Dec 28, 2018
Sold by
Houston Metropolitan Group Inc
Bought by
Fall Lake Merko Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2008
Sold by
Kidd James C and Kidd Carolyn
Bought by
Houston Metropolitan Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
5.86%
Mortgage Type
Unknown
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
Sumrith Tanawat -- Chicago Title
Fall Lake Merko Llc -- Stewart Title
Houston Metropolitan Group Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sumrith Tanawat $132,000
Open Sumrith Tanawat $337,500
Previous Owner Fall Lake Merko Llc $360,000
Previous Owner Houston Metropolitan Group Inc $265,000
Previous Owner Houston Metropolitan Group Inc $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold -- -- --
09/15/2021 09/15/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $599,000 -- $370 / Sq Ft
Source: Houston Association of REALTORS®

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 $10,450 $499,424 $475,000 $24,424
2023 $10,450 $502,527 $475,000 $27,527
2022 $10,951 $497,335 $475,000 $22,335
2021 $10,312 $442,466 $425,000 $17,466
2020 $10,657 $440,091 $425,000 $15,091
2019 $11,089 $438,235 $425,000 $13,235
2018 $11,056 $436,924 $425,000 $11,924
2017 $11,582 $436,477 $425,000 $11,477
2016 $11,583 $436,512 $425,000 $11,512
2015 $8,772 $336,535 $325,000 $11,535
2014 $8,772 $341,254 $330,000 $11,254
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 52934479

Houston Association of REALTORS®

APN: 0560530000011