NOT LISTED FOR SALE

Estimated Value: $259,000 - $347,000

4 Beds
2 Baths
3,336 Sq Ft
$94/Sq Ft Est. Value

Last Sold July 27, 2022

Current estimated payment $2,153/month

107 Days on Market

About This Home

As of July 2022

Great investment property this property will cashflow wonderfully the main home has 3 bedrooms 2 bath with two 1 bedroom 1 baths the property is currently leased to 75%, the gross rental income 2,525.00 the property has been repiped, and new water heater all new floors through out

Last Agent to Sell the Property

Hyman Lemons

H & L Premier Realty License #0590867 Listed on: 03/22/2022

Last Buyer's Agent

Anthony Cundiff

New Western License #0720239

New Western

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,732

Year Built

  • Built in 1948

Lot Details

  • 0.28 Acre Lot

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 3,336 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Goodman Elementary School
  • Stovall Middle School
  • Aldine High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

Overview

  • 3 Units
  • Airline Farms Subdivision

Building Details

  • Operating Expense $500
  • Gross Income $2,525
  • Net Operating Income $1,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,732

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Year Built: 1948
  • Subdivision Name: Airline Farms
  • Unit Levels: One
  • New Construction: No
  • Property Sub Type Additional: Triplex
  • UniversalParcelId: urn:reso:upi:2.0:US:48201:065-001-017-0002
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 3336.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: None
  • Roof: Composition

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes

Schools

  • Elementary School: GOODMAN ELEMENTARY SCHOOL (ALDINE)
  • Junior High Dist: 1 - Aldine
  • High School: ALDINE HIGH SCHOOL
  • Middle Or Junior School: STOVALL MIDDLE SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3732.0

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 2525.0
  • Property Net Operating Income: 1900.0
  • Annual Operating Expense: 500.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2022
Closed on
Jul 26, 2022
Sold by
Harkor Homes Llc
Bought by
Arimas Llc
Seller's Agent
Hyman Lemons
H & L Premier Realty
Buyer's Agent
Anthony Cundiff
New Western
List Price
$270,000
Current Estimated Value
$313,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%

Purchase Details

Listed on
Mar 22, 2022
Closed on
Jul 19, 2022
Sold by
Brown Derby Investments Llc
Bought by
Harkor Homes Llc
Seller's Agent
Hyman Lemons
H & L Premier Realty
Buyer's Agent
Anthony Cundiff
New Western
List Price
$270,000

Purchase Details

Listed on
Jan 19, 2022
Closed on
Jan 27, 2022
Sold by
Diesel Developments Llc
Bought by
Brown Derby Investments Llc
Seller's Agent
Pedro Tamez
Realty Right
Buyer's Agent
Hyman Lemons
H & L Premier Realty
List Price
$199,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
82.62%
Original Mortgage
$180,000
Interest Rate
3.22%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 20, 2021
Sold by
Brown Virginia
Bought by
Diesel Developments Llc

Purchase Details

Closed on
Jun 21, 2001
Sold by
Marlow Virginia Jo Timme and Brown Jim
Bought by
Mountain States Capital Inc

Purchase Details

Closed on
May 21, 2001
Sold by
Philpot Elaine Sue
Bought by
Marlow Virginia Jo

Purchase Details

Closed on
Feb 16, 1994
Sold by
Paulsel James E and Paulsel Dora Lee
Bought by
Marlow Virginia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Arimas Llc -- None Listed On Document
Harkor Homes Llc -- Fidelity National Title
Brown Derby Investments Llc -- Fidelity National Title
Diesel Developments Llc -- None Available
Mountain States Capital Inc -- --
Marlow Virginia Jo -- --
Marlow Virginia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Derby Investments Llc $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2022 07/28/22 Off Market -- -- --
07/27/2022 07/27/22 Sold -- -- --
07/07/2022 07/07/22 Pending -- -- --
06/29/2022 06/29/22 Off Market $875 -- --
06/28/2022 06/28/22 For Sale $270,000 0.0% $81 / Sq Ft
06/28/2022 06/28/22 Rented $875 0.0% --
06/06/2022 06/06/22 Pending -- -- --
06/04/2022 06/04/22 Rented $1,650 +88.6% --
05/26/2022 05/26/22 Under Contract -- -- --
05/23/2022 05/23/22 Under Contract -- -- --
05/11/2022 05/11/22 Price Changed $875 0.0% $0 / Sq Ft
05/11/2022 05/11/22 For Sale $270,000 0.0% $81 / Sq Ft
05/11/2022 05/11/22 For Rent $900 -45.5% --
05/11/2022 05/11/22 For Rent $1,650 0.0% --
04/21/2022 04/21/22 Pending -- -- --
03/22/2022 03/22/22 For Sale $270,000 +35.1% $81 / Sq Ft
01/27/2022 01/27/22 Sold -- -- -- View Prior Sale
01/19/2022 01/19/22 For Sale $199,900 -- $60 / 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
2025 $5,973 $340,000 $30,000 $310,000
2024 $5,973 $367,207 $30,000 $337,207
2023 $5,973 $257,263 $30,000 $227,263
2022 $4,007 $195,711 $30,000 $165,711
2021 $3,732 $173,361 $22,320 $151,041
2020 $3,938 $173,361 $22,320 $151,041
2019 $4,124 $173,361 $24,000 $149,361
2018 $2,489 $173,361 $24,000 $149,361
2017 $3,929 $173,361 $24,000 $149,361
2016 $3,645 $160,847 $18,000 $142,847
2015 $822 $160,847 $18,000 $142,847
2014 $822 $160,847 $18,000 $142,847
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 78377966

Houston Association of REALTORS®

APN: 0650010170002