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Sold 76014 Arlington

516 Rita Ln

Arlington, TX 76014

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Sold

$552,001 - $627,000

Sold on November 15, 2021

8 Bedroom(s)

4 Full & 4 Half Bath(s)

0.29 Lot Acres

Multi-Family - Fourplex

3 Day(s) on HAR.com

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 $669K	AVM Value $601K
Value Range $575K - $763K	Value Range $ 601,429
Confidence Score 86% Margin of Error*: 14%	Confidence Score NA

$669K

$601K

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

WOW! Fantastic cash-flowing fourplex in terrific Arlington location. RIGHT NEXT TO MEDICAL CITY. Short walk to Vandergriff Park. Units A, B, and C have all been remodeled in the past 12 months, leased at $1,150 per month, and have awesome well-qualified tenants. Unit D is leased at $910 per month with long-term tenant on month to month lease. Roof replaced in summer of 2020. Recent siding repairs and brick work. All the work has already been done! Don't miss your chance to own this low-maintenance money-maker! Survey, T 47, Seller's Disclosure, and Rent Roll are all in Transaction Desk.

MLS#

NTREIS-14649375

Sold Price Range

$552,001 - $627,000

Listing Status

Sold

Address

516 Rita Ln

City

Arlington

State

Zip Code

76014

County

Tarrant County

Subdivision

Park Side Place

Neighborhood

View East Arlington Profile View all homes in East Arlington

Legal Description

PARK SIDE PLACE BLOCK 1 LOT 2

Property Type

Multi-Family - Fourplex

Bedroom

8 Bedroom(s)

Bath

4 Full & 4 Half Bath(s)

Stories

Year Built

1985 / Appraisal District

Lot Size

0.29 Lot Acres./Appraisal District

Property map

Street
view

Get
directions

Nathan Frickle

Tabernacle Realty LLC

Call

Exterior

Roof

Composition

Foundation

Slab

Private Pool

Exterior Type

Brick, Wood

Lot Description

Corner, No Backyard Grass, Park View

Parking

2-Car Single Doors, On Street, Rear

Fencing

None

Utility

Alley,City Sewer,City Water,Concrete,Curbs,Individual Water Meter,Sidewalk

Exterior

Gutters

Interior

Fireplace

4/Brick,Wood Burning

Floors

Carpet, Ceramic Tile, Laminate, Luxury Vinyl Plank

Heating

Central Air-Elec, Central Heat-Elec

Other Equipment

Dishwasher,Disposal,Range/Oven-Electric,Refrigerator

Energy Feature

Ceiling Fans

Interior

Central Vac, Decorative Lighting, High Speed Internet Available, Wet Bar

Lot information

Lot Size

0.29 Lot Acres /Appraisal District

Street View Map View Satellite View

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, Conventional

Additional information

Lake Pump

*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

Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

LIST PRICE

DOWN PAYMENT

Amount

Percentage

Loan Term

Months

Years

Annual Interest Rate Estimated Monthly Principal & Interest

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Estimated Monthly Property Tax

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

Full Page

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.