NOT LISTED FOR SALE

1902 Bahamas Dr Unit 19 Edinburg, TX 78541

Estimated Value: $344,577 - $498,000

-- Bed
4 Baths
3,874 Sq Ft
$101/Sq Ft Est. Value

Last Sold November 14, 2012

Current estimated payment $2,820/month

602 Days on Market

Highlights

  • No HOA
  • 8 Car Attached Garage
  • Patio
  • Cavazos Elementary School Rated A-
  • Double Pane Windows
  • Home Security System

About This Home

As of November 2012

Many extras here. Private gate. Security cameras; cov'd Parking. Tile floors; granite counter. Vaulted ceilings. 1/1 & 2/2 in each bldg. 2/2 = 1064 SF approx; 1/1 = 873.2 SF approx (as per seller floorplan). HOA is $300 / year.

Last Agent to Sell the Property

Yolanda Sanchez

Sun Valley Real Estate Listed on: 02/21/2011

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,218

Year Built

  • Built in 2006

Lot Details

  • 10,509 Sq Ft Lot
  • Privacy Fence
  • Sprinkler System

Parking

  • 8 Car Attached Garage
  • No Garage
  • Rear-Facing Garage
  • Open Parking
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 3,874 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring

Kitchen

  • Stove
  • <<microwave>>
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number P3235000000019000

Community Details

Overview

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

Building Details

  • Insurance Expense $2,100
  • Gross Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,218

Year Built

Built in 2006

Lot Details

0

Parking

8

Listing Details

  • Directions: RUSSELL ROAD, BETWEEN McCOLL AND JACKSON.
  • Year Built: 2006
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2413
  • Road Surface Type: Paved
  • Subdivision Name: Paradise Estates
  • Garage Yn: Yes
  • New Construction: No
  • Building Stories: 1
  • GMAR_GeocodeConfidence: Unknown
  • GMAR_Escrow: 2000
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Flooring: Tile
  • Living Area: 3874
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Interior Amenities: Ceiling Fan(s), Other
  • Fencing: Privacy
  • Lot Features: Curb & Gutters, Sidewalks, Sprinkler System
  • 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: Off Street, Attached, No Garage, Garage Faces Rear
  • Total Parking Spaces: 8

Utilities

  • Utilities: Cable Available
  • Security: Security System, 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: 300
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 10509
  • Parcel #: P3235000000019000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 11
  • Tax Annual Amount: 4218

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 4
  • Annual Gross Income: 26400
  • Insurance Expense: 2100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2016
Sold by
Vel Mar Properties Inc
Bought by
Tovar Jorge A and Garcia Elsa Janeth
Current Estimated Value
$391,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Outstanding Balance
$147,654
Interest Rate
3.58%
Mortgage Type
Commercial
Estimated Equity
$250,377

Purchase Details

Listed on
Feb 21, 2011
Closed on
Nov 14, 2012
Sold by
Ruben Gutierrez Construction Ltd
Bought by
Vel Mar Properties Inc
Seller's Agent
Yolanda Sanchez
Sun Valley Real Estate
List Price
$215,000
Sold Price
$214,000
Premium/Discount to List
-$1,000
-0.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.02%

Purchase Details

Closed on
Jun 23, 2010
Sold by
Paradise Estates Homeowners Association
Bought by
Ruben Gutierrez Construction Ltd

Purchase Details

Closed on
Mar 3, 2010
Sold by
Ruben Gutierrez Construction Ltd
Bought by
Paradise Estates Homeowners Association

Purchase Details

Closed on
Feb 13, 2006
Sold by
Rsg Investmets Inc
Bought by
Ruben Gutierrez Construction Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.1%
Mortgage Type
Construction
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
Tovar Jorge A -- Sierra Title
Vel Mar Properties Inc -- None Available
Ruben Gutierrez Construction Ltd -- None Available
Paradise Estates Homeowners Association $2,693 None Available
Ruben Gutierrez Construction Ltd -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tovar Jorge A $183,000
Previous Owner Ruben Gutierrez Construction Ltd $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2012 11/14/12 Sold -- -- --
10/15/2012 10/15/12 Pending -- -- --
02/21/2011 02/21/11 For Sale $215,000 -- $55 / 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 $7,840 $326,500 $63,579 $262,921
2023 $7,528 $313,769 $63,579 $250,190
2022 $7,105 $272,843 $63,579 $209,264
2021 $6,677 $246,602 $63,579 $183,023
2020 $6,355 $233,576 $49,918 $183,658
2019 $6,495 $233,885 $49,918 $183,967
2018 $6,270 $225,194 $49,918 $175,276
2017 $6,115 $218,866 $47,291 $171,575
2016 $4,860 $173,950 $47,291 $126,659
2015 $4,895 $171,229 $47,291 $123,938
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 144542

Greater McAllen Association of REALTORS®

APN: P3235-00-000-0019-00