When was property at 2248 Balsam Gap built and last sold?

The property at 2248 Balsam Gap was built in 1980 and last sold on Feb 28, 2024 for $305,900.

How much is this home worth?

The estimated value of the home located at 2248 Balsam Gap is $222,200.

What are some comparable homes to 2248 Balsam Gap?

Homes that are comparable to 2248 Balsam Gap include a house property at 10564 Kiamichi Drive , located in Tyler, TX.

Smith

75703

Venture South

2248 Balsam Gap

1 / 20

Map

$198,260*

● House - Off Market

2248 Balsam Gap

Tyler, TX 75703

3 Beds

2 Baths

1450 Sqft

$180,000 - $218,000

Reference Base Price*

-0.37%

Since Nov 1, 2023

National-US

Primary Model

Sold Feb 29, 2024

$305,900

Jobe Madison

Buyer

Fusion Realty Llc

Seller

$230,000 by Cmg Mortgage, Inc.

Mortgage Due Mar 01, 2054

Sold Nov 06, 2023

Transfer

Fusion Realty Llc

Buyer

Ekre Of Tx Llc

Seller

About This Property

PRICE IMPROVEMENT: Don't miss this great opportunity for investors or DIYers who are looking for a fixer-upper in a great location. The home has three bedrooms and two bathrooms, and it is located just a short walk from Jack Elementary, grocery stores, and walking trails and Tyler Athletic & Swim Club. The home does require some TLC, but it has a lot of potential. Showings by Appointment only. This is not a bank and this property is not a foreclosure.

The manager has listed the unit size as 1450 square feet.

Unit Size

1,450Ft²

Days on Market

Land Size

Price per sqft

$137

Property Type

House

Property Taxes

$300

HOA Dues

Year Built

1980

Price History

Date / Event	Date	Event
Feb 29, 2024	Sold to Madison Jobe	$305,900
Sold to Madison Jobe
Oct 13, 2023	No longer available	-
No longer available
Oct 3, 2023	Price Decreased	$199,000 ↓ $6K (2.9%)
Price Decreased
Aug 24, 2023	Price Decreased	$204,900 ↓ $15K (6.9%)
Price Decreased
Jul 19, 2023	Listed	$220,000
Listed
Jul 13, 2022	Sold	$224,371
Sold
Oct 1, 2015	Sold to Marilyn Lynch, Nicholas Lynch	$151,900
Sold to Marilyn Lynch, Nicholas Lynch

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1980

Effective Year Built: 1980
Bedroom Count: 0
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: Average
Building Quality: C+
Exterior Walls Type: Masonry
Floor Count: 1
Basement Area: 0
Garage Type: Garage
Garage Square Area: 506
Parking Space Count: 1
Porch Type: Open porch

Dimensions

Lot Size Square Feet: 23,483

Lot Size Depth Feet: 1,990
Lot Size Frontage Feet: 1,180
Total Building Area: 1,450
Building Area: 1,450
Building Area Measurement: Living Area

Heating and Cooling

Fireplace Count: 1

Air Conditioning: unknown
Heating: Central heating
Heated Square Feet: 1,450
Heating Fuel Type: Electricity

Utilities

Sewer System: unknown

Water Service: unknown

Building

Property Class: Residential

Subdivision: VENTURE SOUTH
Land Acres: 0.539
Standard Land Use Code: Single family residential
Legal Description 1: VENTURE SOUTHBLOCK 1 LOT 3

Ownership

Current Owner : JOBE MADISON

Previous Owner : FUSION REALTY LLC
Owner Before Previous Owner: EKRE OF TX LLC
Is Owner Occupied: Owner-occupied property
Ownership Rights Codes: Single/unmarried woman

Neighborhood

School District Name: Tyler Independent School District

School Tax School District: TYLER JR. COLLE
School Tax District Code 2: SCESD #2
Census Tract: 001916

Geography

Assessors Map Reference: MAP:13795

Account Number: R086742
Parcel: 1-81280-0001-00-003000
Block: 1
Lot: 3
Municipality: UNINCORPORATED AREA
Latitude: 32.2523
Longitude: -95.3435

Address

Full Address: 2248 Balsam Gap

Address - House Number: 2248
Address - Street Name: Balsam Gap
State: TX
City Name: Tyler
Carrier Code: R043
4-Digit Zip Code: 7315
Zip Code: 75703

Valuation

Tax

Tax Year: 2023

Tax Amount: $3,200
Intital Tax Deliquent Year: 2017
Tax Rate Code Area: TYLER ISD

Appraisal Valuation

Standard Deviation: 0.2771

Valuation Date: Mar 06, 2024
Confidence Score: 76
Final Value: 252,671
High Value: 299,017
Low Value: 206,325

Open Liens

Total Open Liens: 1

Total Open Liens Amount: $230,000
First Open Lien Mortgage Lender: CMG MORTGAGE, INC.
First Open Lien Mortgage Recording Date: Feb 29, 2024
First Open Lien Mortgage Loan Amount: $230,000
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: Mar 01, 2054

Market Valuation

Market Total Value: $204,762

Market Land Value: $24,467
Market Improvement Value: $180,295

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $204,762
Assessed Land Value: $24,467
Assessed Improvements Value: $180,295

Sales

Current Sale Contract Date: Feb 28, 2024

Current Sale Recording Date: Feb 29, 2024
Current Sale Transaction ID: 11921759803
Current Sale Price: $305,900
Current Sale Document Type: Deed
Current Sale Input Document Number: 5662
Previous Sale Recording Date: Nov 06, 2023
Previous Sale Contract Date: Nov 03, 2023
Previous Sale Document Type: Warranty Deed

Last Sale Mortgage

First Mortgage Lender: CMG MORTGAGE, INC.

First Mortgage Transaction Date: Feb 29, 2024
First Mortgage Loan Amount: $230,000
First Mortgage Terms: 360
First Mortgage Loan Type: New Conventional
First Mortgage Loan Due Date: Mar 01, 2054

Redact Ownership Info

Comparables

10564 Kiamichi Drive

Active

House

3 Beds

2 Baths

1,361 ft²

$190/ft²

$259,000 Apr 11, 2023

$219/mo

About Venture South

Stats & Trends

Median Asking:

$199,000

Sale Price/ft²

$137

Below Asking

0.10%

Average Days on Market

Average Home Size

1450 ft²

Average Home Age

44 years

Currently For Sale

0 Listings

Similar Homes for Sale

Unit for sale at 10564 Kiamichi Drive, Tyler, TX 75703

$259,000

3 Beds
2 Baths
1,361 ft²

10564 Kiamichi Drive, Tyler, TX 75703 Listing by Erin Mahoney

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Nearby Rentals

Unit for rent at 16440 Cr 178 #1008, Tyler, TX, 75703

$1,795 /mo

Studio
2.5 Baths
1,886 ft²

16440 Cr 178 #1008, Tyler, TX, 75703 Listing by Sarah Lam

Unit for rent at 10801 Harvestwood Drive, Tyler, TX, 75703

$2,000 /mo

1 Bed
1 Bath
400 ft²

10801 Harvestwood Drive, Tyler, TX, 75703 Listing by Yaron Yashar

Unit for rent at 421 W Cumberland Road, Tyler, TX, 75703

$1,900 /mo

2 Beds
2 Baths
1,567 ft²

421 W Cumberland Road #703, Tyler, TX, 75703 Listing by David Kurtz

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2248 Balsam Gap

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Geography

Valuation

Comparables

About Venture South

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions