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Sold 77004 Houston

3901 Delano Street

Houston, TX 77004

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Sold

$717,001 - $827,000

Sold on May 30, 2023

3,967 Sqft.

5,775 Lot Sqft

Multi-Family - Multiple Detached Dw

6 Day(s) on Market

Home value comparables

Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.

Current Valuations

Home Value Comparables

AVM Value $666K	AVM Value $572K	AVM Value $370K
Value Range $573K - $759K	Value Range $522K - $623K	Value Range $ 370,093
Confidence Score 86% Margin of Error*: 14%	Confidence Score 84% Margin of Error*: 9%	Confidence Score NA

$666K

$572K

$370K

Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

Zestimate Home Values are provided by Zillow, Inc. Use is subject to Zillow Terms of Use and are provided as-is, as-available.

Description

Real estate has proven to be an effective investment tool during times of financial instability and recession. Do not pass up this phenomenal income producing property that includes two buildings (2802/2804 Truxillo and 3901 Delano) close to mid-town, downtown, universities and medical center.The apartments can be configured in different ways to attract more potential renters.The two apartments at 3901 Delano have an interior door that connects both apartments into a larger apartment to accommodate more guests. There is also a third floor at 2802 Truxillo apartment with three extra rooms that can accommodate more guests. 2802 and 2804 can be combined into a large apartment through an interior door. Lots of potential in this multi-functional furnished apartments. Lots of new businesses are moving into the area through a revival of Emancipation Street. Students from TSU and University of Houston are a continuous market. Airbnb bookings in the area have increased 105% from a year ago.

MLS#

56879958

Sold Price Range

$717,001 - $827,000

Listing Status

Sold

Address

3901 Delano Street

City

Houston

State

Zip Code

77004

County

Harris County

Subdivision

Washington Terrace (View subdivision price trend)

Legal Description

LT 1 BLK 26 WASHINGTON TERRACE

Property Type

Multi-Family - Multiple Detached Dw

Stories

Year Built

1936 / Appraisal District

Building Size

3,967 Sqft/Appraisal

Lot Size

5,775 Sqft./Appraisal District

Key Map©

493Y

Market Area

University Area

Property website

Property map

Street
view

Get
directions

Adela Parlette

Parlette Realty

Call

Exterior

Roof

Composition

Exterior Type

Brick, Cement Board, Unknown, Wood

Lot Description

Corner

Unit Location

Corner

Interior

Countertop

granite/butcher bloc

Floors

Carpet, Engineered Wood, Tile, Wood

Cooling

Central Electric

Heating

Central Electric, Central Gas

Compactor

Dishwasher

Disposal

Microwave

Yes

Energy Feature

Attic Vents, Ceiling Fans, Digital Program Thermostat, High-Efficiency HVAC, Insulated/Low-E windows, Insulation - Blown Cellulose, Insulation - Blown Fiberglass, Insulation - Other, North/South Exposure

Lot information

Lot Size

5,775 Sqft. /Appraisal District

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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Financial

Financing Considered

Cash Sale, Conventional

Other Fees

Maintenance Fee

Taxes w/o Exemp

$6,678/2022

Tax Rate

2.3169

Additional information

List Type

Exclusive Right to Sell/Lease

Unit Feature

Balcony,Carpets,Fenced Area,Fireplace,Furnished,Hardwood Floors,Patio,Window Coverings

Buyer Agent Compensation*

Sub Agent Compensation*

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Property tax

Cost/Sqft based on tax value

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Down Payment Assistance

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Estimated Monthly Payments

LIST PRICE

DOWN PAYMENT

Amount

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Months

Years

Annual Interest Rate Estimated Monthly Principal & Interest

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Monthly Homeowner's Insurance Monthly PMI (Private Mortgage Insurance) Monthly HOA fees

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Listing Tax	Numbers
Principal & Interest	2,841
Taxes	1,242

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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.