2 months on rocket

501 E Park Ave, Palestine, TX, 75801

$150,000

Home List Price

$1,781*

Closing Credit

4 Bedrooms
2 Full Baths
2,478 SqFt
$61/SqFt
House
Schools Nearby

Location

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501 E Park Ave, Palestine$150,000

Buyer Closing Credits

$1,781*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOther, See Remarks
Year Built1928
HeatingNone
CoolingCeiling Fan(s), None
FireplaceLiving Room, Wood Burning
MLS #20519978
Lot Size0.20 Acres
StatusActive

About 501 E Park Ave

Charming 1928 cottage across from Reagan Park in historic Palestine! With arched dormer windows, front porch, many original wavy glass windows, and details galore, this early Micheaux Park home is calling to buyers who appreciate the craftsmanship and style only historic homes provide. Living area with arched windows, built-in bookshelves flanking the wood burning fireplace and adjacent bonus room. French doors open to dining room with raised ceiling and wainscoting. Breakfast alcove with original built-in cabinetry connects to kitchen. 2 spacious bedrooms downstairs share a bath. 2 upstairs bedrooms each have window seats and share a bath. Two enclosed porches at side of home create great space for sunroom and office. Enclosed back porch houses the utility room. Much has been done to bring this home back to its former glory, however there is more to be done.

Property Details

Property Features

Property Information:

  • Architectural Style: Other, Detached, Historic/Antique
  • Year Built: 1928
  • Stories: 2
  • Living Area: 2,478 SqFt

Listing Office:

  • Office Name: Staples Sotheby's Internationa
  • Office Phone: (903) 876-1051
  • Listing Agent: Dana Staples

Interior Features

Interior Information:

  • Appliances: Dishwasher
  • Basement: No
  • Flooring Type: Tile, Wood
  • Interior: Built-in Features, Decorative/Designer Lighting Fixtures, Paneling/Wainscoting, Vaulted Ceiling(s)
  • Fireplace: Living Room, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Other, See Remarks

Virtual/3D Tour

  • Virtual Tour: 501 E Park Ave

Virtual Tour

Lot Features

Lot Information:

  • Lot: Corner Lot, Subdivision
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: Ceiling Fan(s), None

School Info

Assigned Schools Information:

  • Palestine High School, Public District Grades 9-12
  • Story Intermediate School, Public District Grades 4-6
  • Palestine Jr High School, Public District Grades 7-9
  • Southside Elementary School, Public District Grades 2-3

Other

Directions Information:

  • Directions: From Crockett & Spring St in Palestine: South on Crockett to stoplight at Park Ave. Turn left. Home on corner of Crockett and E. Park Ave. Sig nin yard.

Price Information

Listing Price Info

Price Summary:

  • List Price: $150,000
  • Price Per SqFt: $61/SqFt

Tax Information:

  • Annual Amount: $2,129
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Palestine, TX.

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Palestine, TX

City

Med. Sold Price

$288.7K

Med. Price/SqFt

$147

Avg. Days On Market

94

# of Sold Homes

5

501 E Park Ave vs Palestine

80 DAYS ON ROCKET

-14 Days

$150,000

-$138.7K Less

$61/SqFt

-$86 Less

KEY TAKEAWAY

This property is $138.7K less than the Median Sold Price and $86/SqFt less than other homes in Palestine, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20519978

Listing Office:

  • Office Name: Staples Sotheby's Internationa
  • Office Phone: (903) 876-1051
  • Listing Agent: Dana Staples

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 4/28/2024, 9:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,129$77,425
2019 - $77,425
2018$2,225$77,425
2017$2,251$77,425

History based on county public records data.

Payment Calculator

$816

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$516

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2640463
4
/10

  • Southside Elementary School

  • 201 E Gillespie St

  • 1.19 miles

  • Public District Grades 2-3

Middle School

school-card-donut-2640464
4
/10

  • Story Intermediate School

  • 5300 South Loop 256

  • 1.44 miles

  • Public District Grades 4-6

school-card-donut-2640465
5
/10

  • Palestine Jr High School

  • 233 Ben Milam Dr

  • 1.96 miles

  • Public District Grades 7-9

High School

school-card-donut-2640466
5
/10

  • Palestine High School

  • 1600 S Loop 256

  • 1.78 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,220. Typical income of Palestine, TX residents is between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 501 E Park Ave

What is the listing price of this property?

The listing price of 501 E Park Ave property is $150,000.

What type of property is this?

The property 501 E Park Ave is a house located in Palestine, Texas, 75801.

Is this property for sale now?

Active Listing: 501 E Park Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 501 E Park Ave are:
Southside Elementary School: GreatSchools Rating 4/10
Story Intermediate School: GreatSchools Rating 4/10
Palestine Jr High School: GreatSchools Rating 5/10
Palestine High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,129 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 501 E Park Ave has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 501 E Park Ave is 2,478 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 501 E Park Ave is 1928.

Rocket Homes›Texas›Anderson County›Palestine›75801›501 E Park Ave

This home is located at 501 E Park Ave in Palestine, TX and zip code 75801. This 2,478 square foot home, which was built in 1928, sits on a 0.20 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 08, 2024 and is currently priced at $150,000.

In March 2024 more than 0 listings in Palestine, TX were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 1 were sold below. The inventory of homes for sale in Palestine, TX between February 2024 and March 2024 increased by 17%. Listings spent 94 days on the market in March 2024, and had a median list price of $288,750 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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