NOT LISTED FOR SALE

1522 W Nolana Ave Unit A-D McAllen, TX 78504

Estimated Value: $392,000 - $434,000

-- Bed
8 Baths
4,012 Sq Ft
$103/Sq Ft Est. Value

Last Sold May 12, 2017

Current estimated payment $2,752/month

247 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Double Pane Windows
  • Milam Elementary School Rated A
  • Balcony
  • Tile Flooring

About This Home

As of May 2017

PERFECT Investment property, located near the heart of McAllen (Nolana & 10th). Large mature trees, private balconies, all appliances convey. This one will sell fast, don't miss out. Schedule your appointment today.

Last Agent to Sell the Property

Marcela Gutierrez

Big Realty Listed on: 08/08/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,735

Year Built

  • Built in 2004

Lot Details

  • 8,398 Sq Ft Lot
  • Corner Lot

Parking

  • 8 Car Garage
  • No Garage
  • Open Parking
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 4,012 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring
  • Fire and Smoke Detector
  • Stove
  • Washer and Dryer Hookup

Outdoor Features

  • Balcony

Schools

  • Milam Elementary School
  • Morris Middle School
  • Mcallen High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number P890001001000100

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Primrose Terrace #1 Subdivision

Building Details

  • Insurance Expense $1,620
  • Maintenance Expense $600
  • Gross Income $32,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,735

Year Built

Built in 2004

Lot Details

0

Parking

8

Listing Details

  • Directions: FROM NOLANA AVE. HEAD WEST ON NOLANA AVE. PROPERTY WILL BE ON THE NORTHEAST CORNER OF NOLANA AVE & 16TH ST.
  • Year Built: 2004
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1928
  • Road Surface Type: Paved
  • Subdivision Name: Primrose Terrace #1
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • GMAR_GeocodeConfidence: Unknown
  • Availability: Immediate
  • GMAR_Escrow: 2500
  • GMAR_LicensedSupervisor: RICARDO BENAVIDES
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Refrigerator, Stove/Range
  • Flooring: Tile
  • Living Area: 4012
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

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

Garage/Parking

  • Garage Spaces: 8
  • Covered Parking Spaces: 8
  • Open Parking: Yes
  • Parking Features: Off Street, No Carport, No Garage
  • Total Parking Spaces: 8

Utilities

  • Utilities: Cable Available
  • Laundry Features: Washer/Dryer Connection
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: Milam
  • High School: McAllen H.S.
  • Junior High Dist: McAllen ISD
  • Middle Or Junior School: Morris

Lot Info

  • Lot Size Sq Ft: 8398.368
  • Parcel #: P890001001000100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 4735

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 4
  • Annual Gross Income: 32400
  • Insurance Expense: 1620

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2016
Closed on
May 12, 2017
Sold by
Fuente Oscar De La and Flores Ana Sofia Cueva
Bought by
Brayett Realty Family Limited Partnershi
Seller's Agent
Marcela Gutierrez
Big Realty
List Price
$279,000
Current Estimated Value
$413,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.11%
Original Mortgage
$1,000,000
Outstanding Balance
$832,534
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$419,534

Purchase Details

Closed on
Nov 15, 2007
Sold by
Dela Fuente Oscar
Bought by
De La Fuente Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Brayett Realty Family Limited Partnershi -- None Available
De La Fuente Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brayett Realty Family Limited Partnershi $1,000,000
Previous Owner De La Fuente Investments Llc $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2017 05/12/17 Sold -- -- --
04/12/2017 04/12/17 Pending -- -- --
08/08/2016 08/08/16 For Sale $279,000 -- $70 / 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 $7,035 $312,258 $92,400 $219,858
2024 $7,035 $300,000 $92,400 $207,600
2023 $7,058 $300,000 $92,400 $207,600
2022 $6,951 $280,313 $63,000 $217,313
2021 $6,384 $249,900 $63,000 $186,900
2020 $6,380 $250,080 $63,000 $187,080
2019 $6,400 $252,328 $63,000 $189,328
2018 $6,121 $240,932 $63,000 $177,932
2017 $5,944 $233,043 $63,000 $170,043
2016 $4,735 $185,644 $63,000 $122,644
2015 $4,821 $186,867 $63,000 $123,867
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 198124

Greater McAllen Association of REALTORS®

APN: P8900-01-001-0001-00