NOT LISTED FOR SALE

1002 S Palm Dr Pharr, TX 78577

Estimated Value: $379,000 - $395,000

-- Bed
16 Baths
4,016 Sq Ft
$96/Sq Ft Est. Value

Last Sold May 03, 2016

Current estimated payment $2,857/month

147 Days on Market

Highlights

  • Walk-In Closet
  • Home Security System
  • Central Heating and Cooling System
  • Patio
  • Tile Flooring
  • Ceiling Fan

About This Home

As of May 2016

Great investment opportunity!! All four units are rented!! Tile flooring throughout, granite counter tops in the kitchen. All units include stove, refrigerator, dishwasher and microwave. Three 3 sets of washers and dryers also included.

Last Agent to Sell the Property

Sylvia Hernandez

Synergy Realty & Property Management Listed on: 10/19/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,331

Year Built

  • Built in 2006

Lot Details

  • 8,146 Sq Ft Lot
  • Privacy Fence
  • Sprinkler System

Parking

  • 8 Car Garage
  • Rear-Facing Garage
  • On-Street Parking
  • Open Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Walk-In Closet
  • 4,016 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Schools

  • Aida C. Escobar Elementary School
  • Memorial Middle School
  • Psja High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Thermostat
  • Patio

Community Details

  • Property has a Home Owners Association
  • 5 Units
  • Sam Houston Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number S025700000005800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,331

Year Built

Built in 2006

Lot Details

0

Parking

8

Listing Details

  • Directions: Off of Jackson Rd., south of Exp. 83, east on Sam Houston and south on Palm Drive
  • Year Built: 2006
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.187
  • Road Surface Type: Paved
  • Subdivision Name: Sam Houston Heights
  • Garage Yn: Yes
  • New Construction: No
  • Efficiency: Thermostat
  • Building Stories: 1
  • GMAR_GeocodeConfidence: Unknown
  • GMAR_Escrow: 2500
  • GMAR_LicensedSupervisor: Sylvia Hernandez
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Flooring: Tile
  • Living Area: 4016

Exterior Features

  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s)
  • Fencing: Privacy
  • Lot Features: Curb & Gutters, Sidewalks, Sprinkler System
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 8
  • Covered Parking Spaces: 8
  • Open Parking: Yes
  • Parking Features: On Street, Other Garage or Carport, Garage Faces Rear
  • Total Parking Spaces: 8

Utilities

  • Utilities: Cable Available
  • Laundry Features: Washer/Dryer Connection
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association: Yes

Schools

  • Elementary School: Aida C. Escobar
  • High School: PSJA H.S.
  • Junior High Dist: PSJA ISD
  • Middle Or Junior School: Memorial

Lot Info

  • Lot Size Sq Ft: 8145.72
  • Parcel #: S025700000005800
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 6331

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2015
Closed on
Jun 9, 2016
Sold by
Big Rio Grande Construction Llc
Bought by
Aguirre Luis Ramon
Seller's Agent
Sylvia Hernandez
Synergy Realty & Property Management
List Price
$245,000
Current Estimated Value
$387,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.78%
Original Mortgage
$148,800
Interest Rate
3.66%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 19, 2015
Closed on
May 3, 2016
Sold by
Gavin M Llc
Bought by
Quevedo Francisco Jose Rivera and Dominguez Martha Yolanda Michel
Seller's Agent
Sylvia Hernandez
Synergy Realty & Property Management
List Price
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,800
Interest Rate
3.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 5, 2008
Sold by
Arredondo George
Bought by
Gavin M Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,262
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Closed on
May 16, 2007
Sold by
Raul Fabela Construction Ltd
Bought by
Arredondo George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,262
Interest Rate
6.17%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Aguirre Luis Ramon -- None Available
Quevedo Francisco Jose Rivera -- Valley Land Title Co
Gavin M Llc -- None Available
Arredondo George -- San Jacinto Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Aguirre Luis Ramon $148,800
Previous Owner Gavin M Llc $189,262
Previous Owner Arredondo George $189,262
Previous Owner Arredondo George $37,852
Previous Owner Raul Fabela Construction Ltd $174,335
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2016 05/03/16 Sold -- -- --
03/14/2016 03/14/16 Pending -- -- --
10/19/2015 10/19/15 For Sale $245,000 -- $61 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,985 $335,000 $87,419 $247,581
2023 $8,945 $333,730 $87,419 $246,311
2022 $8,140 $290,200 $63,318 $226,882
2021 $7,270 $254,500 $63,318 $191,182
2020 $7,290 $252,026 $63,318 $188,708
2019 $7,034 $240,025 $45,752 $194,273
2018 $6,806 $230,924 $45,752 $185,172
2017 $6,743 $226,855 $45,752 $181,103
2016 $6,470 $217,673 $45,752 $171,921
2015 $6,048 $202,830 $45,752 $157,078
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 190331

Greater McAllen Association of REALTORS®

APN: S0257-00-000-0058-00