IN CASE YOU MISSED IT: This 4,800 square-foot Houston “castle” is on the market for $150,000! Seriously


This home is available to tour today. Contact me to set up a tour today or to see additional pictures. MLS 53774096.

The average sale price is $95.53 $/sq-ft with a high price of $156.00 $/sq-ft.  The home is 4861 sq-ft for an average sale price $464,371.33 or a high price of $758,316.00.  Currently priced at $150,000.00 and if you add $30 per sq-ft to repair at about $145,000.00.  That would be a $295,000.00 investment.

Now that is a nice flip deal.

 

 

Single Family Property
Comparative Market Analysis

 

Your initial search criteria were: (LISTSTATUS IN (‘ACT’,’OP’,’PSHO’,’PEND’,’WITH’,’EXP’,’TERM’) OR (LISTSTATUS=’CLOSD’ AND CLOSEDDATE>=CONVERT(DATETIME,’6/1/2013′))) AND TBL.AREA IN ( ‘4’ ) AND (STORIES>=2) AND (SUBDIVISION LIKE ‘RIVERSIDE TE%’ )
Feb 19 2014 07:50AM

Property Type:   SingleFamily       Status:   Active
Subject
Property
MLS# Address Subdiv. BR Bths # Gar Pool Lot SqFt Bldg SqFt Yr List Price LP/ SF DOM
53774096 2309 WICHITA ST RIVERSIDE TERR 01 5 4/1 0 N 8,450 4,861 1935 $150,000 $30.86 6
51599314 3217 MILBURN ST RIVERSIDE TERRACE 3 2/1 2 N 6,840 2,850 1949 $158,000 $55.44 2
53980104 3365 OZARK ST RIVERSIDE TERR 08 & 09 3 2/0 0 N 7,500 2,302 1940 $259,990* $112.94 20
74316630 6000 E DEL RIO RIVERSIDE TERRACE 3 1/1 2 N 9,200 2,548 1940 $300,000 $117.74 16
64653074 5411 BLYTHEWOOD ST Riverside Terrace 5 3/1 2 N 12,750 5,284 1952 $349,900* $66.22 128
56325489 140 S CARSON RIVERSIDE TERRACE 06 3 2/1 2 N 10,950 2,540 1930 $350,000 $137.80 509*
89376850 2510 Wichita St Riverside Terrace 3 2/1 0 N 11,400 2,636 1946 $360,000 $136.57 2
55465129 4411 N Roseneath Drive Riverside Terrace 3 1/1 2 N 11,400 3,532 1940 $378,500 $107.16 55
59871346 2515 Rosedale RIVERSIDE TERRACE 4 2/1 2 N 7,680 2,862 1940 $395,000 $138.02 35
69864569 5530 Ardmore Riverside Terrace 6 3/1 1 N 8,050 4,812 1940 $410,000 $85.20 40
51139440 3311 PARKWOOD DR RIVERSIDE TERR 08 & 09 5 3/2 2 N 13,260 4,537 1950 $480,000* $105.80 270*
28505744 3933 CHARLESTON ST RIVERSIDE TERRACE 4 4/1 2 N 9,377 4,158 2014 $619,000* $148.87 113
77326404 3922 Fernwood Drive Riverside Terrace 4 3/1 2 N 9,450 4,200 2013 $644,900* $153.55 294
16710000 3210 S MACGREGOR WAY RIVERSIDE TERR 08 4 3/1 2 Y 25,732 4,385 1970 $799,000 $182.21 2
99512415 4626 N ROSENEATH DR Riverside Terrace 5 4/2 4 Y 27,832 7,000 2003 $1,250,000* $178.57 83
38320569 3522 S PARKWOOD DRIVE RIVERSIDE TERRACE 5 5/4 3 N 52,973 7,576 2005 $1,950,000 $257.39 77*
32903346 3418 S PARKWOOD RIVERSIDE TERR 5 6/1 3 Y 111,980 9,037 1938 $2,650,000 $293.24 6
Average 4   2   20,284 4,419   $676,722   98
Number of Properties: 17
( Average ListPrice / Average SqFt ) : ( 676722 / 4419 ) = $ 153.14

Property Type:   SingleFamily       Status:   Option Pending
Subject
Property
MLS# Address Subdiv. BR Bths # Gar Pool Lot SqFt Bldg SqFt Yr List Price LP/ SF DOM
27276137 3307 CHARLESTON ST RIVERSIDE TERR 08 & 09 3 2/1 2 N 7,680 2,202 1935 $269,500 $122.39 21
90729142 2516 RIVERSIDE DR RIVERSIDE TERR 05 3 2/1 0 N 11,165 2,840 1930 $275,000 $96.83 17
Average 3   2   9,423 2,521   $272,250   19
Number of Properties: 2
( Average ListPrice / Average SqFt ) : ( 272250 / 2521 ) = $ 107.99

Property Type:   SingleFamily       Status:   Pending Continue to Show
Subject
Property
MLS# Address Subdiv. BR Bths # Gar Pool Lot SqFt Bldg SqFt Yr List Price LP/ SF DOM
15443489 3206 Milburn Riverside Terrace 3 2/1 0 N 5,175 1,898 1950 $224,900* $118.49 46
42864489 4023 CHARLESTON ST RIVERSIDE TERRACE 4 3/1 3 N 10,075 5,213 2013 $575,000 $110.30 42
1001663 3424 S MACGREGOR WAY RIVERSIDE TERRACE 4 4/1 2 Y 21,517 3,564 1948 $650,000 $182.38 46
Average 4   3   12,256 3,558   $483,300   45
Number of Properties: 3
( Average ListPrice / Average SqFt ) : ( 483300 / 3558 ) = $ 135.83

Property Type:   SingleFamily       Status:   Expired
Subject
Property
MLS# Address Subdiv. BR Bths # Gar Pool Lot SqFt Bldg SqFt Yr List Price LP/ SF DOM
96837942 2313 Wentworth Riverside Terrace 4 3/0 0 N 0 2,252 1940 $130,000* $57.73 100
59611674 3209 MILBURN ST RIVERSIDE TERR 08 3 2/0 2 N 7,410 2,476 1940 $164,900* $66.60 375
98293776 2421 OAKDALE ST RIVERSIDE TERRACE 4 3/1 2 N 7,200 3,004 1940 $354,000* $117.84 256*
44061318 2519 WICHITA ST RIVERSIDE TERR 01 4 2/1 2 N 9,100 3,032 2001 $360,000* $118.73 108*
13195555 2402 PROSPECT ST RIVERSIDE TERR 03 4 2/2 1 Y 6,270 3,553 1940 $395,000* $111.17 206
62796004 2518 RIVERSIDE DR RIVERSIDE TERR 05 4 2/1 2 N 13,920 3,014 1933 $399,000 $132.38 45*
73715444 5507 ARDMORE ST RIVERSIDE TERR 3 2/1 0 N 16,770 2,504 1935 $450,000 $179.71 25
67155100 3445 N Parkwood Riverside Terrace 3 3/2 0 N 15,900 3,544 1946 $549,000 $154.91 114*
10887978 3214 S MACGREGOR WAY RIVERSIDE TERRACE 5 3/1 3 N 36,050 3,674 1944 $594,000* $161.68 147
84776418 2412 WICHITA RIVERSIDE TERR 03 3 3/1 0 Y 10,200 2,772 1946 $729,000* $262.99 53*
1159214 2412 WICHITA RIVERSIDE TERRACE 3 3/1 0 Y 10,200 2,772 1946 $750,000* $270.56 52*
15870520 2412 WICHITA RIVERSIDE TERRACE 3 3/1 0 Y 10,200 2,772 1946 $779,000 $281.02 118
41601643 3522 Parkwood RIVERSIDE TERRACE 5 5/4 3 N 52,973 7,576 2005 $1,999,000* $263.86 123*
41897443 3522 Parkwood RIVERSIDE TERRACE 5 5/4 3 N 52,973 7,576 2005 $2,200,000 $290.39 181
Average 4   2   19,167 3,609   $703,778   136
Number of Properties: 14
( Average ListPrice / Average SqFt ) : ( 703778 / 3609 ) = $ 195.01

Property Type:   SingleFamily       Status:   Pending
Subject
Property
MLS# Address Subdiv. BR Bths # Gar Pool Lot SqFt Bldg SqFt Yr List Price LP/ SF DOM
59720563 5812 ARDMORE ST RIVERSIDE TERR 08 3 2/0 2 N 6,900 2,633 1939 $70,000 $26.59 2
40561864 3611 PARKWOOD DR RIVERSIDE TERRACE 4 3/1 2 N 18,750 4,736 2008 $450,000 $95.02 28
Average 4   2   12,825 3,685   $260,000   15
Number of Properties: 2
( Average ListPrice / Average SqFt ) : ( 260000 / 3685 ) = $ 70.56

Property Type:   SingleFamily       Status:   Withdrawn
Subject
Property
MLS# Address Subdiv. BR Bths # Gar Pool Lot SqFt Bldg SqFt Yr List Price LP/ SF DOM
68825944 5520 ARDMORE ST RIVERSIDE TERR 08 4 3/1 1 N 6,900 3,803 1940 $400,000 $105.18 37
36353217 3607 Rio Vista Riverside Terrace 5 4/1 2 N 28,297 5,220 1954 $519,000* $99.43 116
Average 5   2   17,599 4,512   $459,500   77
Number of Properties: 2
( Average ListPrice / Average SqFt ) : ( 459500 / 4512 ) = $ 101.84

Property Type:   SingleFamily       Status:   Terminated
Subject
Property
MLS# Address Subdiv. BR Bths # Gar Pool Lot SqFt Bldg SqFt Yr List Price LP/ SF DOM
37592468 3213 PARKWOOD DR RIVERSIDE TERR 08 5 2/1 2 N 9,750 3,310 1940 $139,900 $42.27 109*
68944474 3209 MILBURN ST RIVERSIDE TERR 08 3 2/0 2 N 7,410 2,476 1940 $146,300* $59.09 0*
92654664 2415 S CALUMET ST RIVERSIDE TERR 04 4 1/1 0 N 8,104 2,356 1929 $275,000 $116.72 89
58398742 6004 DEL RIO ST RIVERSIDE TERR 08 & 09 4 4/1 0 N 12,125 4,400 1946 $375,000* $85.23 70
72366642 2319 ARBOR ST RIVERSIDE TERR 01 5 5/0 0 N 7,200 5,000 1940 $399,000 $79.80 67*
40432492 4304 ROSENEATH DR RIVERSIDE TERR 12 4 2/1 2 N 11,270 3,732 1945 $424,990* $113.88 1
30084142 4304 ROSENEATH DR RIVERSIDE TERR 12 4 2/1 2 N 11,270 3,748 1945 $459,000* $122.47 15*
51027166 3311 PARKWOOD DR RIVERSIDE TERR 08 & 09 5 3/2 2 N 13,260 6,100 1950 $555,000 $90.98 217
85171558 2518 RIVERSIDE DR RIVERSIDE TERR 05 4 2/1 1 N 13,920 3,014 1933 $899,900 $298.57 1
83507679 3522 PARKWOOD DR RIVERSIDE TERR 10 5 5/4 3 N 52,973 7,576 2005 $1,999,000 $263.86 64*
Average 4   2   14,728 4,171   $567,309   70
Number of Properties: 10
( Average ListPrice / Average SqFt ) : ( 567309 / 4171 ) = $ 136.01
Property Type:   SingleFamily       Status:   Sold
Subject
Property
MLS# Closed Date Address Subdiv. BR Bths # Gar Pool Lot SqFt Bldg SqFt Yr List Price Sold Price SP/ SF Adjusted SP Adj. SP/SF DOM SP/LP %
60343760 2/18/2014 2311 Rosedale St RIVERSIDE TERR 01 4 2/1 1 N 16,200 3,523 1930 $115,000 $165,299 $46.92 $165,299 $46.92 14 1.44
72748156 8/01/2013 2313 Wentworth Riverside Terrace 4 3/0 0 N 0 2,252 1940 $120,000 $90,000 $39.96 $90,000 $39.96 15* 0.75
78818594 6/05/2013 3211 PARKWOOD DR RIVERSIDE TERR 08 4 2/3 0 N 7,800 3,306 1940 $164,900 $164,900 $49.88 $164,900 $49.88 19* 1.00
4454143 11/13/2013 3417 Wichita Riverside Terrace 3 2/1 0 N 6,900 2,170 1945 $199,000 $199,000 $91.71 $199,000 $91.71 5 1.00
14309049 6/12/2013 2427 BINZ ST RIVERSIDE TERR 04 4 2/1 1 N 6,240 2,279 1935 $199,000 $200,000 $87.76 $200,000 $87.76 10 1.01
72495528 12/31/2013 2505 SE CALUMET ST RIVERSIDE TERR 04 4 2/1 0 N 8,470 2,464 1930 $250,000 $250,000 $101.46 $250,000 $101.46 122 1.00
49855559 7/24/2013 4406 ROSENEATH DR RIVERSIDE TERR 12 4 3/0 2 N 13,320 2,784 1945 $339,000 $269,000 $96.62 $269,000 $96.62 229 0.79
17448384 7/03/2013 5527 ARDMORE ST RIVERSIDE TERR 08 4 3/0 3 N 14,235 3,437 1940 $449,000 $437,000 $127.15 $437,000 $127.15 12 0.97
48071799 8/09/2013 4304 ROSENEATH DR RIVERSIDE TERR 12 4 2/1 2 N 11,270 3,748 1945 $459,000 $452,900 $120.84 $452,900 $120.84 11* 0.99
16885597 6/11/2013 3441 N PARKWOOD DR RIVERSIDE TERR 10 3 2/1 0 N 16,114 3,539 1946 $589,900 $589,900 $166.69 $589,900 $166.69 1 1.00
Average   4   2   11,172 2,950   $288,480 $281,799   $281,799   44 0.99
Number of Properties: 10
( Average SalesPrice / Average SqFt ) : ( 281799 / 2950 ) = $ 95.53
( Average Adjusted SalesPrice / Average SqFt ) : ( 281799 / 2950 ) = $ 95.53

Adjusted SP is calculated as (Sales Price – Sellers Contribution to Closing Costs – Repairs Paid by Seller)

Adj. SP/SF is calculated as (Sales Price – Sellers Contribution to Closing Costs – Repairs Paid by Seller)/SF

 

Prepared by

Allen Hebert
(281)798-4599
United Real Estate
akeithhebert@gmail.com

Information is believed to be accurate but is not guaranteed.

THIS IS A BROKER PRICE OPINION OR COMPARATIVE MARKET ANALYSIS AND SHOULD NOT BE CONSIDERED AN APPRAISAL. In making any decision that relies upon my work, you should know that I have not followed the guidelines for development of an appraisal or analysis contained in the Uniform Standards of Professional Appraisal Practice of the Appraisal Foundation.

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