NOT LISTED FOR SALE

1303 S Palm Dr Unit 22 Pharr, TX 78577

Estimated Value: $384,000

4 Beds
16 Baths
3,793 Sq Ft
$101/Sq Ft Est. Value

Last Sold July 23, 2012

Current estimated payment $2,824/month

113 Days on Market

Highlights

  • No HOA
  • Patio
  • Tile Flooring
  • Double Pane Windows
  • Home Security System
  • Central Heating and Cooling System

About This Home

As of July 2012

Prime location in the center of retail/restaurants/commercial activities. Near Sam's Club, Wal-Mart, Golden Corral, Lacks and future location of Cosco. Generally good rental history. Gated subdivision. Cable and alarm ready units. Each tenant contracts their own providers.

Last Agent to Sell the Property

Erma Ramientos

Key Realty Listed on: 03/02/2012

Key Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,255

Year Built

  • Built in 2006

Lot Details

  • 8,856 Sq Ft Lot
  • Partially Fenced Property

Parking

  • 8 Car Garage
  • No Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 3,793 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring
  • Stove

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number S025700000002200

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Sam Houston Heights Subdivision

Building Details

  • Gross Income $32,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,255

Year Built

Built in 2006

Lot Details

0

Parking

8

Listing Details

  • Directions: East on Jackson, Pass Jackson Road to Sam Houston. Turn right onto Palm Drive. (Landmark: Restaurant at the entrance of the subdivision)
  • Year Built: 2006
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2033
  • Road Surface Type: Paved
  • Subdivision Name: Sam Houston Heights
  • Garage Yn: Yes
  • New Construction: No
  • Building Stories: 1
  • GMAR_GeocodeConfidence: Unknown
  • GMAR_Escrow: 2500
  • Non-Allowables: Yes
  • Repairs YN: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
  • Flooring: Tile
  • Living Area: 3793
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Interior Amenities: Ceiling Fan(s), Other
  • Fencing: Partial
  • Lot Features: Curb & Gutters
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: Detached, No Garage
  • Total Parking Spaces: 8

Utilities

  • Utilities: Cable Available
  • 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 Fee: 438
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 8855.748
  • Parcel #: S025700000002200
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 12
  • Tax Annual Amount: 5255

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 4
  • Annual Gross Income: 32400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2012
Closed on
Jul 19, 2012
Sold by
Ingargiola Rosario and Hayes Melvin Douglas
Bought by
Long Russell Scout
Seller's Agent
Erma Ramientos
Key Realty
List Price
$257,000
Current Estimated Value
$384,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.08%
Original Mortgage
$250,267
Outstanding Balance
$173,001
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$210,999

Purchase Details

Closed on
Feb 21, 2009
Sold by
Ingargiola Rosario
Bought by
Ingargiola Rosario and Hayes Melvin Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 2006
Sold by
Riko Properties Lp
Bought by
Ingargiola Rosario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
6.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 11, 2006
Sold by
Ingargiola Rosaario
Bought by
Hayes Melvin Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
6.64%
Mortgage Type
Commercial
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
Long Russell Scout -- San Jacinto Title Services M
Ingargiola Rosario -- None Available
Ingargiola Rosario -- None Available
Hayes Melvin Douglas -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Long Russell Scout $250,267
Previous Owner Ingargiola Rosario $161,000
Previous Owner Ingargiola Rosario $161,000
Previous Owner Hayes Melvin Douglas $161,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2012 07/23/12 Sold -- -- --
06/23/2012 06/23/12 Pending -- -- --
03/02/2012 03/02/12 For Sale $257,000 -- $68 / 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 $9,763 $385,130 $94,749 $290,381
2024 $9,763 $364,000 $94,749 $269,251
2023 $8,512 $317,588 $94,749 $222,839
2022 $7,668 $273,377 $68,626 $204,751
2021 $7,197 $251,975 $68,626 $183,349
2020 $7,289 $251,975 $68,626 $183,349
2019 $7,384 $251,975 $49,588 $202,387
2018 $7,154 $242,706 $49,588 $193,118
2017 $7,284 $245,054 $49,588 $195,466
2016 $6,527 $219,564 $49,588 $169,976
2015 $6,008 $209,921 $49,588 $160,333
Source: Public Records

Agents Affiliated with this Home

  • Erma Ramientos

    Seller's Agent in 2012

    Erma Ramientos

    Key Realty

    (956) 605-1811

    1 in this area

    12 Total Sales

    Erma Ramientos
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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 154249

Greater McAllen Association of REALTORS®

APN: S0257-00-000-0022-00

Texas Hidalgo County Pharr 78577

1303 S Palm Dr Unit 22, Pharr, TX

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