NOT LISTED FOR SALE

1717 German St Unit 13 Edinburg, TX 78541

Estimated Value: $371,000 - $500,000

-- Bed
16 Baths
4,050 Sq Ft
$104/Sq Ft Est. Value

Last Sold January 11, 2014

Current estimated payment $3,014/month

63 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • Tile Flooring
  • 8 Car Attached Garage
  • Patio
  • Central Heating and Cooling System

About This Home

As of January 2014

Fully rented and priced to sell fourplex. Investors take advantage of this property, rents can be increased on all units. Bring offers, motivated seller.

Last Listed By

Marcelo Laijas - Broker Assoc.

Action Realty Property Management Listed on: 10/14/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,906

Year Built

  • Built in 2004

Lot Details

  • 10,454 Sq Ft Lot
  • Partially Fenced Property

Parking

  • 8 Car Attached Garage
  • No Garage
  • On-Street Parking
  • Open Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 4,050 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring
  • Stove

Outdoor Features

  • Patio

Schools

  • De La Vina Elementary School
  • Garza Middle School
  • Edinburg North High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number S221000000001300

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Schunior Village Subdivision

Building Details

  • Gross Income $2,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,906

Year Built

Built in 2004

Lot Details

0

Parking

8

Listing Details

  • Directions: North on Jackson (from University 107), East on Schunior, North on Russian to German.
  • Year Built: 2004
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.24
  • Road Surface Type: Paved
  • Subdivision Name: Schunior Village
  • Garage Yn: Yes
  • GMAR_GeocodeConfidence: Unknown
  • GMAR_Escrow: 2000
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Electric Water Heater, Refrigerator, Stove/Range
  • Flooring: Tile
  • Living Area: 4050
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

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

Garage/Parking

  • Garage Spaces: 8
  • Attached Garage: Yes
  • Covered Parking Spaces: 8
  • Open Parking: Yes
  • Parking Features: On Street, Attached, No Garage
  • Total Parking Spaces: 8

Utilities

  • 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: No

Schools

  • Elementary School: De La Vina
  • High School: Edinburg North H.S.
  • Junior High Dist: Edinburg ISD
  • Middle Or Junior School: Garza

Lot Info

  • Lot Size Sq Ft: 10454.4
  • Parcel #: S221000000001300
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 12
  • Tax Annual Amount: 5906

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 4
  • Annual Gross Income: 2400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2013
Closed on
Jan 9, 2014
Sold by
Catabay Teresita and Catabay Rodrigo
Bought by
Chen Zhixiang and Zhu Haixia
Seller's Agent
Marcelo Laijas - Broker Assoc.
Action Realty Property Management
List Price
$239,000
Sold Price
$215,000
Premium/Discount to List
-$24,000
-10.04%
Total Days on Market
63
Current Estimated Value
$421,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,000
Avg. Annual Appreciation
5.10%
Original Mortgage
$147,000
Interest Rate
4.34%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 14, 2006
Sold by
Salazar Eleazar Arenas
Bought by
Catabay Teresita and Catabay Rodrigo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,600
Interest Rate
2.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 12, 2005
Sold by
Moya Ezequel and Casa Blanca Apartments Constru
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
5.71%
Mortgage Type
Commercial

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
Chen Zhixiang -- San Jacinto Title Services
Catabay Teresita -- Edwards Abstract And Title C
Salazar Eleazar Arenas -- Landtitleusa Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garza Italia $125,000
Open Chen Zuixiang $200,900
Closed Chen Zhixiang $147,000
Previous Owner Catabay Teresita $173,600
Previous Owner Salazar Eleazar Arenas $21,420
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2014 01/11/14 Sold -- -- --
12/16/2013 12/16/13 Pending -- -- --
10/14/2013 10/14/13 For Sale $239,000 -- $59 / 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 $7,900 $329,000 $66,623 $262,377
2023 $7,590 $316,346 $66,623 $249,723
2022 $7,422 $285,025 $66,623 $218,402
2021 $7,248 $267,681 $76,669 $191,012
2020 $6,955 $255,639 $76,669 $178,970
2019 $6,971 $251,000 $76,669 $174,331
2018 $6,704 $240,778 $76,669 $164,109
2017 $6,021 $215,475 $82,485 $132,990
2016 $5,220 $186,838 $54,990 $131,848
2015 $5,935 $210,707 $54,990 $155,717
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 169906

Greater McAllen Association of REALTORS®

APN: S2210-00-000-0013-00