NOT LISTED FOR SALE

Estimated Value: $852,000 - $1,002,000

5 Beds
5 Baths
5,014 Sq Ft
$185/Sq Ft Est. Value

Last Sold February 03, 2020

Current estimated payment $6,616/month

264 Days on Market

Highlights

  • Interior Lot
  • Central Heating and Cooling System
  • Wood Fence

About This Home

As of February 2020

Ideal value add potential or redevelopment lot.

Last Agent to Sell the Property

Rick Scheurer

CMS Strategic Partners, LLC License #0620478 Listed on: 03/15/2019

Last Buyer's Agent

Rick Scheurer

CMS Strategic Partners, LLC License #0620478 Listed on: 03/15/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,051

Year Built

  • Built in 1925

Lot Details

  • 9,496 Sq Ft Lot
  • Wood Fence
  • Interior Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 5,014 Sq Ft Home
  • 2-Story Property
  • Electric Cooktop

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Parking

  • 6 Car Garage
  • Common or Shared Parking
  • Front Facing Garage
  • Open Parking

Schools

  • Houston Elementary School
  • Rusk Middle School
  • North Dallas High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 5,014 Sq Ft Building
  • Melrose Condo Subdivision

Listing and Financial Details

  • Legal Lot and Block 15 / B1323
  • Assessor Parcel Number 00C4629000000000A
  • $22,826 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,051

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 46472
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 155.06582
  • Special Features: None
  • Year Built: 1925

Interior Features

  • Square Footage: 5014.00
  • Interior Amenities: Cable TV Available
  • Appliances: Electric Cooktop

Beds/Baths

  • Full Bathrooms: 5
  • Total Bedrooms: 5

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Brick

Garage/Parking

  • Cooling System: Central Air, Electric
  • Number Of Parking Spaces: 6
  • Parking Features: Common, Garage Faces Front, Open
  • Parking Spaces: 1
  • OpenParkingYN: Yes
  • GarageYN: No

Utilities

  • Heating: Central, Electric
  • Utilities: Alley, All Weather Road, City Sewer, City Water

Condo/Co-op/Association

  • Complex Name: Rawlins
  • Association Type: None

Schools

  • School District: Dallas ISD
  • Elementary School: Houston
  • Middle School: Rusk
  • High School: North Dallas
  • School District: Dallas ISD
  • Elementary School: Houston
  • High School: North Dallas

Lot Info

  • PropertyAttachedYN: No
  • Lot Features: Interior Lot
  • Lot Size Units: Acres
  • Lot Size Area: 0.2180
  • Parcel Number: 00C4629000000000A
  • Lot Size Acres: 0.2180
  • Lot Size Sq Ft: 9496.0800

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1925
  • Units Total: 4

Multi Family

  • Gross Annual Expenses: 47463.00
  • Gross Annual Income: 94080.00
  • Insurance Expense: 6600

Tax Info

  • Unexempt Taxes: 22826
  • TaxBlock: B1323
  • Tax Lot: 15

MLS Schools

  • MiddleOrJuniorSchool: Rusk
  • Middle School Name: Rusk
  • Elementary School Name: Houston
  • High School Name: North Dallas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2020
Sold by
Goldstein Brian and Goldstein Abigail
Bought by
4017 Rawlins St Llc
Current Estimated Value
$910,333

Purchase Details

Listed on
Mar 15, 2019
Closed on
Jan 31, 2020
Sold by
Rain Sweet Llc
Bought by
Goldstein Brian D and Goldstein Abigail L
Seller's Agent
Rick Scheurer
CMS Strategic Partners, LLC
Buyer's Agent
Rick Scheurer
CMS Strategic Partners, LLC
List Price
$925,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.30%
Original Mortgage
$581,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2017
Sold by
Signe Llc
Bought by
Rain Sweet Llc

Purchase Details

Closed on
Oct 24, 2006
Sold by
Sanborn Robert W
Bought by
Signe Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$511,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 2004
Sold by
Gullotto Joseph M and Barnes Jarrad
Bought by
Sanborn Robert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 2002
Sold by
Butterfly Kisses Four Inc
Bought by
The Oaks Bank & Trust Company
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
4017 Rawlins St Llc -- None Available
Goldstein Brian D -- Chicago Title
Rain Sweet Llc -- None Available
Signe Llc -- Atc
Sanborn Robert W -- --
The Oaks Bank & Trust Company $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goldstein Brian D $581,250
Previous Owner Signe Llc $511,000
Previous Owner Sanborn Robert W $396,000
Previous Owner Butterfly Kisses Four Inc $10,959
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2020 02/03/20 Sold -- -- --
12/04/2019 12/04/19 Pending -- -- --
03/15/2019 03/15/19 For Sale $925,000 0.0% $184 / Sq Ft
09/12/2018 09/12/18 Rented $1,825 -8.7% --
09/02/2018 09/02/18 Under Contract -- -- --
07/02/2018 07/02/18 For Rent $1,999 +29.8% --
02/26/2013 02/26/13 Rented $1,540 -3.7% --
01/27/2013 01/27/13 Under Contract -- -- --
01/25/2013 01/25/13 For Rent $1,599 +33.4% --
01/10/2013 01/10/13 Rented $1,199 -11.1% --
12/11/2012 12/11/12 Under Contract -- -- --
10/19/2012 10/19/12 For Rent $1,349 -- --
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
2025 $19,051 $1,125,150 $712,500 $412,650
2024 $19,051 $852,380 $712,500 $139,880
2023 $19,051 $777,500 $475,000 $302,500
2022 $19,440 $777,500 $475,000 $302,500
2021 $20,510 $777,500 $475,000 $302,500
2020 $21,093 $777,500 $475,000 $302,500
2019 $22,826 $802,240 $475,000 $327,240
2018 $21,815 $802,240 $475,000 $327,240
2017 $14,998 $551,540 $380,000 $171,540
2016 $14,998 $551,540 $380,000 $171,540
2015 $12,343 $450,000 $308,750 $141,250
2014 $12,343 $450,000 $308,750 $141,250
Source: Public Records

Agents Affiliated with this Home

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Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14047197

North Texas Real Estate Information Systems (NTREIS)

APN: 00C4629000000000A