NOT LISTED FOR SALE

1119 Laurel Ave McAllen, TX 78501

Estimated Value: $319,000 - $440,000

-- Bed
8 Baths
4,282 Sq Ft
$89/Sq Ft Est. Value

Last Sold July 03, 2012

Current estimated payment $2,795/month

456 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Patio
  • Privacy Fence
  • 2-minute walk to Lions Park

About This Home

As of July 2012

LOCATED IN CENTRAL MCALLEN. CURRENTLY 100% RENTED AS OF LIST DATE. TENANT PAYS ELECTRICITY. OWNER PAYS WATER. LAUNDRY ROOM ON SITE. CORNER LOT WITH LARGE TREES. PLEASE ALLOW 24 HOUR NOTICE FOR SHOWINGS, AS TENANTS HAVE TO BE CONTACTED.

Last Agent to Sell the Property

Joan Massie

Re/Max Platinum Listed on: 03/07/2011

Re/Max Platinum

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,041

Year Built

  • Built in 1977

Lot Details

  • 0.36 Acre Lot
  • Privacy Fence

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 4,282 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector
  • Stove

Parking

  • No Garage
  • On-Street Parking
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Wilson Elementary School
  • Travis Middle School
  • Mcallen High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number L340000000000100

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Laurel Avenue Subdivision

Building Details

  • Insurance Expense $1,422
  • Gross Income $21,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,041

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Directions: SOUTH OF PECAN BETWEEN 10TH AND 12TH
  • Year Built: 1977
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3595
  • Road Surface Type: Other
  • Subdivision Name: Laurel Avenue
  • Garage Yn: No
  • Efficiency: None
  • Building Stories: 1
  • GMAR_GeocodeConfidence: Unknown
  • GMAR_Escrow: 2500
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Refrigerator, Stove/Range
  • Flooring: Other
  • Living Area: 4282

Exterior Features

  • Fencing: Other, Privacy
  • Lot Features: Curb & Gutters
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Laundry Facility
  • Patio And Porch Features: Patio

Garage/Parking

  • Open Parking: Yes
  • Parking Features: On Street, No Garage

Utilities

  • Security: 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: No

Schools

  • Elementary School: Wilson
  • High School: McAllen H.S.
  • Junior High Dist: McAllen ISD
  • Middle Or Junior School: Travis

Lot Info

  • Lot Size Sq Ft: 15659
  • Parcel #: L340000000000100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 10
  • Tax Annual Amount: 3041

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 4
  • Annual Gross Income: 21900
  • Insurance Expense: 1422

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2024
Sold by
Un Rincon Cerca Del Cielo Properties Llc
Bought by
Yim Chau Christopher and Zanetti Chau Adriana
Current Estimated Value
$380,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,250
Outstanding Balance
$311,706
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$58,627

Purchase Details

Closed on
Feb 16, 2018
Sold by
Lee Xin Jian Long and Lee Xin Ying
Bought by
Un Rincon Cerca Del Cielo Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
3.99%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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Average Value
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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
Yim Chau Christopher -- Corporation Service
Un Rincon Cerca Del Cielo Properties Llc -- Edwards Abstract & Title Com
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yim Chau Christopher $314,250
Previous Owner Un Rincon Cerca Del Cielo Properties Llc $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2012 07/03/12 Sold -- -- --
06/05/2012 06/05/12 Pending -- -- --
03/07/2011 03/07/11 For Sale $225,000 -- $53 / 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 $8,673 $411,246 $148,761 $262,485
2023 $8,386 $356,439 $93,954 $262,485
2022 $7,346 $296,221 $93,954 $202,267
2021 $6,120 $239,544 $62,636 $176,908
2020 $6,111 $239,544 $62,636 $176,908
2019 $6,131 $241,691 $62,636 $179,055
2018 $5,907 $232,516 $62,636 $169,880
2017 $4,537 $177,897 $62,636 $115,261
2016 $4,245 $166,416 $62,636 $103,780
2015 $3,430 $132,554 $62,636 $69,918
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 144964

Greater McAllen Association of REALTORS®

APN: L3400-00-000-0001-00