NOT LISTED FOR SALE

123 W Cherokee Ave Pharr, TX 78577

Estimated Value: $289,000 - $382,000

-- Bed
4 Baths
2,420 Sq Ft
$139/Sq Ft Est. Value

Last Sold May 21, 2021

Current estimated payment $2,189/month

895 Days on Market

Highlights

  • Mature Trees
  • Laundry closet
  • Ceiling Fan
  • No HOA
  • Tile Flooring
  • 3-minute walk to Centennial Park

About This Home

As of May 2021

GREAT INVESTMENT PROPERTY!!! FULLY LEASED FOURPLEX WITH COZY 2BEDROOM / 1 BATH BRICK VEENER UNITS. CLOSE TO RESTAURANTS, BANK, LIBRARY AND SCHOOLS. CALL TO VIEW TODAY!

Last Agent to Sell the Property

Ronnie Ontiveros

Nexthome Rgv Realty Listed on: 11/28/2018

Nexthome Rgv Realty

Last Buyer's Agent

Efrain Matamoros

Encore Fine Properties

Encore Fine Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,149

Year Built

  • Built in 1997

Lot Details

  • 6,599 Sq Ft Lot
  • Mature Trees

Parking

  • No Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Split Bedroom Floorplan
  • 2,420 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Laundry closet

Schools

  • Escobar Elementary School
  • Kennedy Middle School
  • Psja South West High School

Utilities

  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number P640000059000900

Community Details

Overview

  • No Home Owners Association
  • Pharr Original Townsite Subdivision

Building Details

  • Insurance Expense $1,000
  • Maintenance Expense $800
  • Gross Income $2,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,149

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Directions: FROM EXPRESSWAY SOUTH ON CAGE, RIGHT ON CHEROKEE
  • Year Built: 1997
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1515
  • Road Surface Type: Paved
  • Subdivision Name: Pharr Original Townsite
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Efficiency: Other
  • Building Stories: 1
  • GMAR_GeocodeConfidence: Unknown
  • GMAR_LicensedSupervisor: REYNALDO ORTIZ
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Other
  • Appliances: Electric Water Heater, Other
  • Flooring: Tile
  • Living Area: 2420

Exterior Features

  • Exterior Features: None
  • Interior Amenities: Ceiling Fan(s), Other, Split Bedrooms
  • Fencing: Other
  • Lot Features: Mature Trees, Sidewalks
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Parking Features: No Carport, No Garage

Utilities

  • Laundry Features: Laundry Area
  • Cooling: Other HVAC
  • Heating: Other HVAC
  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: Other, Sidewalks, Street Lights
  • Association: No

Schools

  • Elementary School: Escobar
  • High School: PSJA South West H.S.
  • Junior High Dist: PSJA ISD
  • Middle Or Junior School: Kennedy

Lot Info

  • Lot Size Sq Ft: 6598.9044
  • Parcel #: P640000059000900
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3149

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 4
  • Annual Gross Income: 2000
  • Insurance Expense: 1000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2018
Closed on
May 19, 2021
Sold by
M R S J Investments Llc
Bought by
Yee Jorge Alberto Camarillo
Seller's Agent
Ronnie Ontiveros
Nexthome Rgv Realty
Buyer's Agent
Efrain Matamoros
Encore Fine Properties
List Price
$275,000
Current Estimated Value
$335,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.82%

Purchase Details

Closed on
Mar 22, 2018
Sold by
Saldivar Manuel
Bought by
M R S J Investments Llc

Purchase Details

Closed on
Jun 2, 2015
Sold by
Garcia Francisco and Compass Bank
Bought by
Saldivar Manuel
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yee Jorge Alberto Camarillo -- Valley Land Title
M R S J Investments Llc -- None Available
Saldivar Manuel -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2021 05/21/21 Sold -- -- --
05/11/2021 05/11/21 Pending -- -- --
11/28/2018 11/28/18 For Sale $275,000 -- $114 / 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
2025 $5,010 $235,098 $48,840 $186,258
2024 $5,010 $186,804 $48,840 $137,964
2023 $5,056 $188,651 $48,840 $139,811
2022 $4,138 $147,525 $40,260 $107,265
2021 $3,823 $133,843 $40,260 $93,583
2020 $3,715 $128,432 $33,660 $94,772
2019 $3,512 $119,831 $24,090 $95,741
2018 $3,394 $115,151 $24,090 $91,061
2017 $3,176 $106,844 $24,090 $82,754
2016 $2,524 $84,923 $21,450 $63,473
2015 $2,542 $84,382 $21,450 $62,932
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 306611

Greater McAllen Association of REALTORS®

APN: P6400-00-059-0009-00