NOT LISTED FOR SALE

Estimated Value: $957,342

20 Beds
10 Baths
13,170 Sq Ft
$73/Sq Ft Est. Value

Last Sold January 10, 2023

Last sale price $980,000 $74 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $6,265/month

16 Days on Market

Highlights

  • Parking available for a boat
  • High Ceiling
  • Skylights
  • 1.29 Acre Lot
  • No HOA
  • 10 Car Attached Garage

About This Home

As of January 2023

9718 & 9734 Katy Dr. is an industrial metal warehouse property totaling 13,170 Sq Ft on 1.29 Acres of land.
The 2 warehouse buildings both have 5 units each, 10 total and are 7,335 Sq Ft and 5,835 Sq Ft. 9734 Katy Dr is the smaller of the two warehouses and is comprised of five 24'x50' units. 9718 Katy Dr. Is the larger of the two and has five 30'x50' units. All units have a small 3’x10’ canopy at the front door. 3-phase power in both buildings. The building was originally designed to have the first 15 feet as office space w/ restroom and the remaining 35 feet is garage space w/ a 12’ high, 10’ wide roll up door, but most units have undergone changes or been combined. See lease info in the flyer for more details.
The property is zoned C3- Commercial/Light Manufacturing District.
Owner occupies or is using for personal storage 4 of the units in 9734 and would like to do a short term lease on 3 units after closing (Unit numbers 1-3). Around 6 months to a year.
Utilities- Separately metered electric, City water paid by owner & 3 septic tanks for waste. Drain fields do need attention

Last Agent to Sell the Property

Jack Kasting

KASTING REAL ESTATE License #3383215 Listed on: 08/30/2022

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,416

Year Built

  • Built in 1982

Lot Details

  • 1.29

Parking

  • 10 Car Attached Garage
  • Workshop in Garage
  • Ground Level Parking
  • Parking available for a boat
  • RV Garage

Home Design

  • Slab Foundation
  • Steel Frame
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 13,170 Sq Ft Home
  • High Ceiling
  • Skylights

Utilities

  • Cooling Available
  • No Heating
  • Septic Tank

Additional Features

  • Outdoor Storage
  • 1.29 Acre Lot

Listing and Financial Details

  • Legal Lot and Block 12 / 2
  • Assessor Parcel Number 16-24-13-004-0-002-00-012-0

Community Details

Overview

  • No Home Owners Association
  • 10 Units
  • 13,500 Sq Ft Building
  • Gulf Coast Acres Subdivision

Building Details

  • Gross Income $97,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,416

Year Built

Built in 1982

Lot Details

0

Parking

10

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Block, Metal Frame
  • Fireplace: No
  • Living Area: 13170
  • Lot Size Acres: 1.29
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 13500
  • Lot Size Sq Ft: 56153
  • Number Of Lots: 2
  • Status: Sold
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: No
  • Call Center Phone Number: 813-489-9784
  • Ratio: Close Price\List Price: 0.98
  • Price per Sq Ft: 74.41
  • Close to Original List Price Ratio: 0.98
  • Ratio: Current Price\Building Area Total: 72.59
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: High Ceiling(s), Skylight(s)
  • Foundation Details: Slab
  • Number Of Buildings: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Storage
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Concrete
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 10
  • Garage Yn: Yes
  • Parking Features: Boat, Covered, Ground Level, RV Garage, Workshop in Garage
  • Covered Parking Spaces: 10
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Cooling: Other
  • Heating: None
  • Sewer: Septic Tank
  • Water Source: Private
  • Cooling Y N: Yes
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: C2
  • Parcel Number: 16-24-13-004-0-002-00-012-0
  • Additional Parcels: No
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Total Actual Rent: 8100

Multi Family

  • Gross Income: 97200
  • Number Of Units Total: 10

Tax Info

  • Tax Annual Amount: 6416.25
  • Tax Block: 2
  • Tax Book Number: 4-94
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2022
Closed on
Jan 9, 2023
Sold by
Marcum Dennis
Bought by
T3 Property Holdings Llc
Seller's Agent
Jack Kasting
KASTING REAL ESTATE
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$999,999
Sold Price
$980,000
Premium/Discount to List
-$19,999
-2%
Views
18
Current Estimated Value
$957,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,658
Avg. Annual Appreciation
-0.36%
Original Mortgage
$500,000
Outstanding Balance
$482,601
Interest Rate
6.49%
Mortgage Type
Credit Line Revolving
Estimated Equity
$487,100

Purchase Details

Closed on
Nov 18, 2013
Sold by
Schauer Warren F and Schauer Dorothy B
Bought by
Marcum Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
T3 Property Holdings Llc $980,000 Republic Land & Title
Marcum Dennis $250,000 Chelsea Title Of The Nature
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open T3 Property Holdings Llc $500,000
Previous Owner Marcum Dennis $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2023 01/10/23 Sold $980,000 -2.0% $74 / Sq Ft
09/16/2022 09/16/22 Pending -- -- --
08/30/2022 08/30/22 For Sale $999,999 -- $76 / Sq Ft
Source: Stellar 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
2026 $14,982 $816,791 $105,903 $710,888
2025 $14,982 $816,791 $105,903 $710,888
2024 $14,982 $813,027 $105,903 $707,124
2023 $9,620 $356,790 $0 $0
2022 $6,591 $378,046 $128,153 $249,893
2021 $6,416 $382,599 $128,153 $254,446
2020 $6,084 $369,495 $97,653 $271,842
2019 $6,009 $386,688 $97,653 $289,035
2018 $4,793 $221,562 $77,153 $144,409
2017 $4,675 $210,162 $77,153 $133,009
2016 -- $210,202 $77,153 $133,049
2015 $4,307 $209,508 $96,318 $113,190
2014 $4,177 $212,895 $96,318 $116,577
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Stellar MLS

MLS Number: T3399499

Stellar MLS

APN: 13-24-16-0040-00200-0120