NOT LISTED FOR SALE

1503 W Fig Ave Unit 1,2,3,4 Pharr, TX 78577

Estimated Value: $470,456 - $719,000

-- Bed
8 Baths
5,024 Sq Ft
$112/Sq Ft Est. Value

Last Sold February 25, 2016

Current estimated payment $4,198/month

21 Days on Market

Highlights

  • Corner Lot
  • Central Heating and Cooling System
  • 8 Car Garage
  • Patio
  • Ceiling Fan
  • Privacy Fence

About This Home

As of February 2016

CURRENTLY 3 OF 4 UNITS RENTED. CASH FLOW AND RENT ROLL AVAILABLE UPON REQUEST. LONG TERM PROFESSIONAL MGMT SO CORRECT RECORDS ARE AVAILABLE

Last Agent to Sell the Property

Ron Adkins

Premier Realty Services Listed on: 12/07/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,491

Year Built

  • Built in 2006

Lot Details

  • 8,760 Sq Ft Lot
  • Privacy Fence
  • Corner Lot

Parking

  • 8 Car Garage
  • No Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 5,024 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Microwave

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Arnold Elementary School
  • Lbj Middle School
  • Psja North High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number S677900000004700

Community Details

Overview

  • Property has a Home Owners Association
  • 5 Units
  • Sugar Creek Estates Subdivision

Building Details

  • Maintenance Expense $7,694
  • Gross Income $37,350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,491

Year Built

Built in 2006

Lot Details

0

Parking

8

Listing Details

  • Directions: FROM CORNER OF NOLANA AND SUGAR GO NORTH ON SUGAR TO SUGAR CREEK ESTATES, TAKE 2ND ENTRANCE ONTO FIG DRIVE, GO TO END OF STREET, APARTMENTS SIT ON END OF CORNER
  • Year Built: 2006
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2011
  • Road Surface Type: Paved
  • Subdivision Name: Sugar Creek Estates
  • Garage Yn: Yes
  • New Construction: No
  • Efficiency: Other
  • Building Stories: 2
  • GMAR_GeocodeConfidence: Unknown
  • GMAR_Escrow: 1500
  • GMAR_LicensedSupervisor: RON ADKINS
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Flooring: Other
  • Living Area: 5024

Exterior Features

  • Interior Amenities: Ceiling Fan(s)
  • Fencing: Privacy
  • Lot Features: Corner Lot
  • 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: No Garage, Other Garage or Carport
  • Total Parking Spaces: 8

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 Fee: 564
  • Association: Yes

Schools

  • Elementary School: Arnold
  • High School: PSJA North H.S.
  • Junior High Dist: PSJA ISD
  • Middle Or Junior School: LBJ

Lot Info

  • Lot Size Sq Ft: 8759.916
  • Parcel #: S677900000004700
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 7491

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 4
  • Annual Gross Income: 37350

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2015
Closed on
Feb 16, 2016
Sold by
Jose Palomar Dino Living Trust
Bought by
Polewski Daniel David and Polewski Nuria Deler
Seller's Agent
Ron Adkins
Premier Realty Services
List Price
$320,000
Sold Price
$295,000
Premium/Discount to List
-$25,000
-7.81%
Current Estimated Value
$565,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,152
Avg. Annual Appreciation
6.05%
Original Mortgage
$221,250
Outstanding Balance
$179,315
Interest Rate
3.81%
Mortgage Type
Commercial
Estimated Equity
$330,477

Purchase Details

Closed on
Jun 17, 2013
Sold by
Dino Jose P
Bought by
Palomar Dino Jose P and Palomar Dino Emma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 7, 2010
Sold by
Dino Jose P
Bought by
Dino Joes P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,500
Interest Rate
4.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 3, 2007
Sold by
Ludes Enterprises Ltd
Bought by
Dino Jose P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.19%
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
Polewski Daniel David -- San Jacinto Title Svcs Mcall
Palomar Dino Jose P -- None Available
Dino Joes P -- None Available
Dino Jose P -- Southern Star Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Polewski Daniel David $221,250
Previous Owner Palomar Dino Jose P $202,500
Previous Owner Dino Joes P $213,500
Previous Owner Dino Jose P $220,000
Previous Owner Ludes Enterprises Lrd $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2016 02/25/16 Sold -- -- --
12/28/2015 12/28/15 Pending -- -- --
12/07/2015 12/07/15 For Sale $320,000 -- $64 / 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 $12,584 $475,000 $86,276 $388,724
2023 $10,480 $391,000 $86,276 $304,724
2022 $9,996 $356,362 $70,072 $286,290
2021 $9,229 $323,088 $56,496 $266,592
2020 $9,925 $343,122 $56,496 $286,626
2019 $8,938 $305,000 $56,496 $248,504
2018 $8,804 $298,684 $56,496 $242,188
2017 $8,413 $283,012 $56,496 $226,516
2016 $7,653 $257,454 $56,496 $200,958
2015 $7,094 $237,923 $56,496 $181,427
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 190877

Greater McAllen Association of REALTORS®

APN: S6779-00-000-0047-00