NOT LISTED FOR SALE

1614 Phoenix St Edinburg, TX 78541

Estimated Value: $373,000 - $489,000

-- Bed
10 Baths
4,032 Sq Ft
$103/Sq Ft Est. Value

Last Sold July 01, 2022

Current estimated payment $3,046/month

121 Days on Market

Highlights

  • Mature Trees
  • Laundry closet
  • 1-Story Property
  • Cavazos Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of July 2022

Great investment opportunity! Located in Edinburg this 4 plex features 4 units each with 2 bedrooms and 2 baths. Property is located in a prime location near UTRGV, restaurants, and shopping areas. Call me today for more information and to schedule your viewing appointment.

Last Agent to Sell the Property

Jaime Lee Gonzalez

Keller Williams Realty RGV Listed on: 12/08/2021

Keller Williams Realty RGV

Last Buyer's Agent

Rebeca Bermudez

Tnt Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,933

Year Built

  • Built in 2004

Lot Details

  • 10,348 Sq Ft Lot
  • Mature Trees

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 4,032 Sq Ft Home
  • 1-Story Property
  • Laundry closet

Parking

  • 8 Carport Spaces
  • No Garage

Eco-Friendly Details

  • Energy-Efficient Thermostat

Schools

  • Cavazos Elementary School
  • B.L. Garza Middle School
  • Edinburg North High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • 2 Buildings
  • 2 Units
  • C.S.W Owners Association
  • Summer Winds Subdivision

Listing and Financial Details

  • Assessor Parcel Number S686201000002600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,933

Year Built

Built in 2004

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Directions: From Highway 107 head north on McColl Rd, turn right onto Nassau St, turn right onto Phoenix St. Property will be on the left hand side.
  • Year Built: 2004
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2376
  • Road Surface Type: Paved
  • Subdivision Name: Summer Winds
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Thermostat
  • Building Stories: 1
  • GMAR_Escrow: 3000
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Other
  • Flooring: Other
  • Living Area: 4032

Exterior Features

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

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: No Garage
  • Total Parking Spaces: 8

Utilities

  • Laundry Features: Laundry Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association Fee: 1200
  • Association Fee Frequency: Annually
  • Association Name: C.S.W Owners Association
  • Association: Yes

Schools

  • Elementary School: Cavazos
  • High School: Edinburg North H.S.
  • Junior High Dist: Edinburg ISD
  • Middle Or Junior School: B.L. Garza

Lot Info

  • Lot Size Sq Ft: 10348.1136
  • Parcel #: S686201000002600
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6933

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2021
Closed on
Jul 1, 2022
Sold by
Hector Alaniz Carlos and Hector Maria
Bought by
Lopez Carlos
Seller's Agent
Jaime Lee Gonzalez
Keller Williams Realty RGV
Buyer's Agent
Rebeca Bermudez
Tnt Real Estate
List Price
$335,000
Current Estimated Value
$415,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.59%
Original Mortgage
$245,600
Outstanding Balance
$235,622
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$190,378

Purchase Details

Closed on
Apr 3, 2009
Sold by
Hsbc Bank Usa National Association
Bought by
Alaniz Carlos Hector

Purchase Details

Closed on
Aug 5, 2008
Sold by
Beal Ronnie D and Beal Elizabeth
Bought by
Hsbc Bank Usa Na and Nomura Asset Acceptance Corp

Purchase Details

Closed on
Jan 2, 2007
Sold by
Beal Elizabeth and Beal Ronnie D
Bought by
Hsbc Bank Usa Na and Nomura Asset Acceptance Corp

Purchase Details

Closed on
Mar 7, 2006
Sold by
Salazar Eleazar Arenas
Bought by
Beal Ronnie D and Beal Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,200
Interest Rate
6.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 8, 2005
Sold by
Moya Ezequiel and Moya Maria E
Bought by
Salazar Eleazar Arenas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,420
Interest Rate
5.67%
Mortgage Type
Commercial
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
Lopez Carlos -- Simplifile
Alaniz Carlos Hector -- San Jacinto Title Services M
Hsbc Bank Usa Na $238,796 None Available
Csw Owners Assn Inc $4,360 None Available
Hsbc Bank Usa Na $201,086 None Available
Beal Ronnie D -- Edwards Abstract & Title Co
Salazar Eleazar Arenas -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Carlos $245,600
Previous Owner Beal Ronnie D $183,200
Previous Owner Salazar Eleazar Arenas $21,420
Previous Owner Salazar Eleazar Arenas $171,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2022 07/01/22 Sold -- -- --
04/08/2022 04/08/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $335,000 0.0% $83 / Sq Ft
01/12/2022 01/12/22 Pending -- -- --
12/08/2021 12/08/21 For Sale $335,000 -- $83 / 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 $8,386 $349,255 $63,640 $285,615
2023 $8,380 $349,255 $63,640 $285,615
2022 $7,187 $276,000 $63,640 $212,360
2021 $6,933 $256,046 $63,640 $192,406
2020 $6,938 $254,985 $73,471 $181,514
2019 $6,815 $245,409 $49,153 $196,256
2018 $6,577 $236,226 $49,153 $187,073
2017 $6,457 $231,099 $51,740 $179,359
2016 $5,414 $193,779 $51,740 $142,039
2015 $4,825 $181,482 $51,740 $129,742
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 371244

Greater McAllen Association of REALTORS®

APN: S6862-01-000-0026-00