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407 East Locust

407 East Locust, San Antonio, TX 78212
Multifamily in Tobin Hill
Local assessors in San Antonio, TX have categorized 407 East Locust as a residential type of property. The home was built in 1952 and is 72 years old. It was most recently renovated and altered in 1980. The property's lot size has been calculated to be 9,266 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 407 East Locust has a total of 3,992 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a hip style roof that was made of composition shingle. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 407 East Locust was last sold in Apr 7, 2022 for $864,500. According to our calculations, that's $216.56 per sqft. Prior to that sales transaction, the property was sold for $492,200 in Dec 2, 2019. Current property owners are expected to pay $19,942 in taxes per year. The property on 407 East Locust was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $800,000. To break that down further, the land itself was valued at $267,230. While improvements to the property were assessed at a total of $532,770. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220221
02/21/2022
Studio
8 Bath
3992 ft²
$850,000
bedrooms
Studio
bathrooms
8 Bath
square feet
3992 ft²
-
-
-
Scott Malouff
Keller Williams Heritage
20201229
12/29/2020
Studio
8 Bath
3992 ft²
$725,000
bedrooms
Studio
bathrooms
8 Bath
square feet
3992 ft²
-
-
-
-
20191024
10/24/2019
Studio
8 Bath
3992 ft²
$525,000
bedrooms
Studio
bathrooms
8 Bath
square feet
3992 ft²
$492,200 -6.25%
12/04/2019
-
Ernie Guerrero

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 9
  • Business/Commerical Units Count: 10
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 9,266
  • Total Building Area: 3,992
  • Gross Building Area: 3,992
  • Building Area: 3,992
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,992
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NCB 1737
  • Land Acres: 0.213
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: NCB 1737 BLK 6 LOT 2

Ownership

  • Current Owner : BEAM INVESTMENTS LLC
  • Previous Owner : JJJ LOCUST LLC
  • Owner Before Previous Owner: ELIZONDO LUIS A
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: San Antonio Independent School District
  • School Tax School District: 57
  • Census Tract: 111100

Geography

  • Assessors Map Reference: 616E2
  • Parcel: 01737-006-0020
  • Block: 6
  • Lot: 2
  • Municipality: SAN ANTONIO
  • Latitude: 29.446
  • Longitude: -98.4899

    Address

  • Full Address: 407 E Locust St
  • Address - House Number: 407
  • Street Direction: E
  • Address - Street Name: Locust
  • Address - Suffix Type: St
  • State: TX
  • City Name: San Antonio
  • Carrier Code: C002
  • 4-Digit Zip Code: 4039
  • Zip Code: 78212

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $19,942
  • Tax Rate Code Area: 57

    Appraisal Valuation

  • Standard Deviation: 0.4371
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 12
  • Final Value: 584,213
  • High Value: 839,594
  • Low Value: 328,831

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $650,000
  • First Open Lien Mortgage Lender: BLASINGAME SCOTT
  • First Open Lien Mortgage Recording Date: Apr 12, 2022
  • First Open Lien Mortgage Loan Amount: $650,000
  • 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: Apr 07, 2052
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $800,000
  • Market Land Value: $267,230
  • Market Improvement Value: $532,770

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $800,000
  • Assessed Land Value: $267,230
  • Assessed Improvements Value: $532,770

    Sales

  • Current Sale Contract Date: Apr 07, 2022
  • Current Sale Recording Date: Apr 12, 2022
  • Current Sale Transaction ID: 11885732900
  • Current Sale Price: $864,500
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 91842
  • Previous Sale Recording Date: Dec 04, 2019
  • Previous Sale Contract Date: Dec 02, 2019
  • Previous Sale Amount: $492,200
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: BLASINGAME SCOTT
  • First Mortgage Transaction Date: Apr 12, 2022
  • First Mortgage Loan Amount: $650,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 07, 2052

    Previous Mortgages

  • Previous Mortgage Lender: COMMUNITY NATIONAL BANK
  • Previous Mortgage Transaction Date: Dec 04, 2019
  • Previous Mortgage Loan Amount: $393,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

About Midtown



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Frequently Asked Questions

What neighborhood is 407 East Locust located in?
The 407 East Locust is a multifamily located in the neighborhood of Tobin Hill in Midtown, San Antonio.
What is the average sales price for listings in 407 East Locust?
The average sales price for units in 407 East Locust is $525,000 , or $132/sqft. currently.

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