NOT LISTED FOR SALE

1407 W Carmen Ave Unit 4 Edinburg, TX 78541

Estimated Value: $340,000 - $460,000

-- Bed
12 Baths
3,604 Sq Ft
$104/Sq Ft Est. Value

Last Sold December 03, 2012

Current estimated payment $2,661/month

Highlights

  • No HOA
  • Tile Flooring
  • Ceiling Fan
  • Double Pane Windows
  • Central Heating and Cooling System
  • 6 Car Garage

About This Home

As of December 2012

Fourplex located blocks from UTPA, Courthouse & downtown Edinburg!!! Excellent investment-units are all occupied. Each unit is well kept, has tile flooring, high vaulted ceilings, ceiling fans, & open floor layout. An attractive & smart opportunity for $9,000.00 below appraised value. Each unit has own electric meter. Fourplex has one water meter for all units. Parking for 6 vehicles.

Last Agent to Sell the Property

Iris Sosa-Heredia

Momentum Realty Listed on: 08/02/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,063

Year Built

  • Built in 1996

Lot Details

  • 10,463 Sq Ft Lot
  • Partially Fenced Property

Parking

  • 6 Car Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 3,604 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring

Eco-Friendly Details

  • Energy-Efficient Thermostat

Schools

  • Truman Elementary School
  • Harwell Middle School
  • Edinburg North High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 5 Units
  • Daffodil Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number D045000000000400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,063

Year Built

Built in 1996

Lot Details

0

Parking

6

Listing Details

  • Directions: From 107/Sugar Rd., head N on Sugar Rd. past Schunior and Chapin St. Fourplex is on Right side on Sugar Rd.
  • Year Built: 1996
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2402
  • Road Surface Type: Paved
  • Subdivision Name: Daffodil Estates
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Efficiency: Thermostat
  • Building Stories: 1
  • GMAR_GeocodeConfidence: Unknown
  • GMAR_Escrow: 1000
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: 2+ Water Heater, Electric Water Heater, Refrigerator
  • Flooring: Tile
  • Living Area: 3604
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

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

Garage/Parking

  • Garage Spaces: 6
  • Covered Parking Spaces: 6
  • Parking Features: No Carport, Other Garage or Carport
  • Total Parking Spaces: 6

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Other
  • Association: No

Schools

  • Elementary School: Truman
  • High School: Edinburg North H.S.
  • Junior High Dist: Edinburg ISD
  • Middle Or Junior School: Harwell

Lot Info

  • Lot Size Sq Ft: 10463.112
  • Parcel #: D045000000000400
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 11
  • Tax Annual Amount: 4063

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2023
Sold by
Rocha Keith P and Rocha Kelinda M
Bought by
Garcia Robert
Current Estimated Value
$376,582

Purchase Details

Closed on
Mar 6, 2014
Sold by
Yong Cheng Siong and Ng Pik Yee
Bought by
Rocha Keith P and Rocha Kelinda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
4.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 28, 1997
Sold by
Deleon Jose A and Deleon Olivia
Bought by
Deleon Jose Manuel and Deleon Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.73%
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
Garcia Robert -- Top Texas Title
Rocha Keith P -- None Available
Deleon Jose Manuel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rocha Keith P $108,750
Previous Owner Deleon Jose Manuel $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2012 12/03/12 Sold -- -- --
08/02/2012 08/02/12 Pending -- -- --
08/02/2012 08/02/12 For Sale $139,500 -- $39 / 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 $8,044 $323,902 $104,650 $219,252
2024 $8,044 $335,000 $100,464 $234,536
2023 $8,387 $349,550 $100,464 $249,086
2022 $6,407 $246,035 $54,941 $191,094
2021 $5,801 $214,245 $54,941 $159,304
2020 $5,879 $216,081 $54,941 $161,140
2019 $6,052 $217,915 $54,941 $162,974
2018 $5,652 $202,996 $49,709 $153,287
2017 $5,004 $179,103 $41,860 $137,243
2016 $4,066 $145,520 $41,860 $103,660
2015 $4,046 $143,583 $41,860 $101,723
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 160491

Greater McAllen Association of REALTORS®

APN: D0450-00-000-0004-00