See Home Value
$90,000 - $100,000
House - Off Market

1504 28th Street

Lubbock, TX 79411
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1123 Sqft
Sold Dec 30, 2022
$69,086
$67,500 by Bpl Mortgage Trust Llc
Mortgage Due Apr 01, 2054
Sold Jan 29, 2021
Transfer

About This Property

If you're looking for a property that has potential to exceed the 1% rule, look no further! This property offers a 768 sq ft 2/1 front house and a 360 sq ft 1/1 back apartment! Front house is currently leased through 08/31/2024 for $800/month. Market rent for back unit is $400/month but it is not currently rented. The front unit has had some recent updates and both structures have fairly new roofs!

The manager has listed the unit size as 1123 square feet.
Unit Size
1,123Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$80
Property Type
House
Property Taxes
$99
HOA Dues
-
Year Built
1943

Price History

Date / Event Date Event Price
Feb 7, 2024 No longer available -
No longer available
Oct 21, 2023 Price Decreased $90,000
↓ $5K (5.3%)
Price Decreased
Aug 25, 2023 Listed $95,000
Listed
Dec 30, 2022 Sold to Option Llc Fifth $69,086
Sold to Option Llc Fifth
Nov 15, 2022 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1943
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Exterior Walls Type: Masonry
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,375
  • Lot Size Depth Feet: 1,275
  • Lot Size Frontage Feet: 500
  • Total Building Area: 768
  • Gross Building Area: 768
  • Building Area: 768
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,128
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BELMONT PLACE
  • Land Acres: 0.146
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BELMONT PL BLK 3 L 24

Ownership

  • Current Owner : FIFTH OPTION LLC
  • Previous Owner : MCREGAN PROPERTIES LLC
  • Owner Before Previous Owner: STANFILL BOBBY JOE
  • Owner Before Previous Owner 2: STANFILL JACQUELYN SUZANNE
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lubbock Independent School District
  • School Tax School District: WHP
  • Census Tract: 001300

Geography

  • Assessors Map Reference: 130
  • Parcel: R32060
  • Block: 3
  • Lot: 24
  • Municipality: CITY OF LUBBOCK
  • Latitude: 33.569
  • Longitude: -101.851

    Address

  • Full Address: 1504 28th St
  • Address - House Number: 1504
  • Address - Street Name: 28th
  • Address - Suffix Type: St
  • State: TX
  • City Name: Lubbock
  • Carrier Code: C039
  • 4-Digit Zip Code: 2401
  • Zip Code: 79411

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,124
  • Tax Rate Code Area: CLB GLB HS

    Appraisal Valuation

  • Standard Deviation: 0.1742
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 87,635
  • High Value: 103,102
  • Low Value: 72,167

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $67,500
  • First Open Lien Mortgage Lender: BPL MORTGAGE TRUST LLC
  • First Open Lien Mortgage Recording Date: Mar 01, 2024
  • First Open Lien Mortgage Loan Amount: $67,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2054

    Market Valuation

  • Market Total Value: $60,451
  • Market Land Value: $1,000
  • Market Improvement Value: $59,451

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $60,451
  • Assessed Land Value: $1,000
  • Assessed Improvements Value: $59,451

    Sales

  • Current Sale Contract Date: Dec 19, 2022
  • Current Sale Recording Date: Dec 30, 2022
  • Current Sale Transaction ID: 11900342593
  • Current Sale Price: $69,086
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 57814
  • Previous Sale Recording Date: Jan 29, 2021
  • Previous Sale Contract Date: Jan 12, 2021
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LBK LENDING TEXAS LLC
  • First Mortgage Transaction Date: Dec 30, 2022
  • First Mortgage Loan Amount: $69,086
  • First Mortgage Loan Due Date: Jun 19, 2023



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
1,231 ft²
$81/ft²
$99,500 Sep 1, 2023
-
$133/mo
House
3 Beds
1 Bath
1,072 ft²
$102/ft²
$109,000 Aug 25, 2023
-
$124/mo
House
3 Beds
1 Bath
1,289 ft²
$61/ft²
$78,333 Sep 15, 2023
-
-
House
3 Beds
1 Bath
1,434 ft²
$64/ft²
$91,395 Sep 21, 2023
-
-
House
2 Beds
1 Bath
1,206 ft²
$74/ft²
$89,000 Feb 17, 2023
-
-
House
2 Beds
1 Bath
1,043 ft²
$77/ft²
$79,990 Aug 22, 2023
-
$83/mo
House
2 Beds
1 Bath
894 ft²
$95/ft²
$85,000 Aug 4, 2023
-
$132/mo
House
4 Beds
2 Baths
1,541 ft²
$51/ft²
$78,380 Sep 14, 2023
-
-
House
4 Beds
2 Baths
1,653 ft²
$67/ft²
$110,000 Aug 22, 2023
-
$179/mo
House
4 Beds
2.5 Baths
2,131 ft²
$47/ft²
$100,000 May 22, 2023
-
$114/mo

About Slaton-Bean


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Frequently Asked Questions

When was property at 1504 28th Street built and last sold?
The property at 1504 28th Street was built in 1943 and last sold on Dec 19, 2022 for $69,086.
How much is this home worth?
The estimated value of the home located at 1504 28th Street is $89,080.
What are some comparable homes to 1504 28th Street?
There are currently no comparable homes to 1504 28th Street.

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