When was property at 507 West Elm Street built and last sold?

The property at 507 West Elm Street was built in 1950 and last sold on Nov 5, 2020 for $212,500.

How much is this home worth?

The estimated value of the home located at 507 West Elm Street is $0.

What are some comparable homes to 507 West Elm Street?

There are currently no comparable homes to 507 West Elm Street.

Olney

76374

507 W Elm

$246,500

● House - Off Market

507 W Elm

Olney, TX 76374

5 Beds

1 Bath, 1 Half Bath

3,498 Ft²

$337,869

RealtyHop Estimate

32.55%

Since Dec 1, 2020

National-US

Primary Model

About This Property

This gorgeous one of a kind in Olney is a must to see. The house was built around 1930, and with upgrades, has been kept immaculate through the years. Has 5 bedrooms, 2.5 baths with hardwood floors throughout. Kitchen has granite counter tops, a commercial grade oven, plus custom made cabinets with extra storage. Eloquent formal dining room opens into large living area. Marble wood burning fireplace in the living area provides a cozy atmosphere. Large master bedroom opens up into a stunning master bath with jetted tub and granite surround. Bath has walk in shower. There is natural lighting from large windows. Three AC units and 2 water heaters are efficient keeping utility bills low. Sprinkler system in F&B.

Unit Size

3,498 Ft²

Days on Market

Land Size

0.50 acres

Price per sqft

$73

Property Type

House

Property Taxes

HOA Dues

Year Built

1950

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (NTREIS #14270192)

Price History

Date / Event	Date	Event
Oct 6, 2021	No longer available	-
No longer available
Nov 5, 2020	Sold	Premium
Sold
Oct 29, 2020	In contract	-
In contract
Sep 14, 2020	Price Decreased	$254,900 ↓ $5K (1.9%)
Price Decreased
Aug 16, 2020	Price Decreased	$259,900 ↓ $5K (1.9%)
Price Decreased
Mar 8, 2020	Listed	$264,900
Listed

	This gorgeous one of a kind in Olney is a must to see. The house was built around 1930, and with upgrades, has been kept immaculate through the years. Has 5 bedrooms, 2.5 baths with hardwood floors throughout. Kitchen has granite counter tops, a commercial grade oven, plus custom made cabinets with extra storage. Eloquent formal dining room opens into large living area. Marble wood burning fireplace in the living area provides a cozy atmosphere. Large master bedroom opens up into a stunning master bath with jetted tub and granite surround. Bath has walk in shower. There is natural lighting from large windows. Three AC units and 2 water heaters are efficient keeping utility bills low. Sprinkler system in F&B. The manager has listed the unit size as 3498 square feet.
Feb 3, 2020	Listed by Possum Kingdom Real Estate	$254,900
Listed by Possum Kingdom Real Estate

Property Highlights

Parking Available

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1950

Effective Year Built: 1950
Bedroom Count: 5
Bathroom Count: 3
Full Bathrooms: 3
Partial Bathrooms: 3
Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Cover: 0
Basement Type: 3
Basement Area: 216
Garage Type: 4
Garage Square Area: 704
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 21,693

Lot Size Depth Feet: 1,400
Lot Size Frontage Feet: 1,550
Total Building Area: 3,966
Gross Building Area: 3,966
Building Area: 3,966
Building Area Measurement: T

Heating and Cooling

Air Conditioning: 0

Heating: 3
Heated Square Feet: 3,714
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: JOHN W GROVES SECOND ADDITION
Land Acres: 0000000498
Standard Land Use Code: 1001
County Land Use Code: A1
Legal Description 1: 3 BLK 5 GROVES 2ND

Neighborhood

School District Name: Olney Independent School District

Census Tract: 950200

Geography

Parcel: 9130

Block: 5
Municipality: OLNEY
Latitude: 33.3714
Longitude: -98.7598

Address

Full Address: 507 W Elm St

Address - House Number: 507
Street Direction: W
Address - Street Name: Elm
Address - Suffix Type: St
State: TX
City Name: Olney
Carrier Code: C001
4-Digit Zip Code: 1701
Zip Code: 76374

Valuation

Tax

Tax Year: 2023

Tax Amount: $831,783
Tax Rate Code Area: CO OH OISD

Appraisal Valuation

Standard Deviation: 0.4395

Valuation Date: Jan 17, 2024
Confidence Score: 12
Final Value: 262,012
High Value: 377,185
Low Value: 146,838

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $317,690

Market Land Value: $11,080
Market Improvement Value: $306,610

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $317,690
Assessed Land Value: $11,080
Assessed Improvements Value: $306,610

Exemptions

Senior Citizen Exemption : Yes

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Nov 05, 2020

Current Sale Recording Date: Nov 06, 2020
Current Sale Price:

Premium
Current Sale Document Type: 70
Current Sale Input Document Number: 20003002

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Olney

Stats & Trends

Median Asking:

$105,000

Sale Price/ft²

$84

Below Asking

0.03%

Average Days on Market

Average Home Size

1634 ft²

Average Home Age

59.4 years

Currently For Sale

7 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Listed by: John Paclik, Possum Kingdom Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14270192
Details provided by NTREIS and may not match the public record

507 W Elm

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Olney

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions