NOT LISTED FOR SALE

2117 Aruba Dr Unit 1,2,3,4 Edinburg, TX 78541

Estimated Value: $372,000 - $471,000

-- Bed
4 Baths
4,028 Sq Ft
$100/Sq Ft Est. Value

Last Sold December 09, 2016

Current estimated payment $2,759/month

65 Days on Market

Highlights

  • Corner Lot
  • Double Pane Windows
  • Home Security System
  • Cavazos Elementary School Rated A-
  • Patio
  • Tile Flooring

About This Home

As of December 2016

Generally rented and LARGER two bedrooms and two bath units. Currently fully rented. Per GPS, approximately less than 2.5 miles to UTRGV. Each unit is alarm and cable TV ready-tenants can choose their preferred providers. All appliances in each unit conveys. (Year built/living area/lot size, 2016 property tax and legal description were all obtained from HCAD.)Information on maintenance and other expenses to be provided by seller at time of offer with pre-approval and or proof of funds for cash purchases.

Last Agent to Sell the Property

Erma Ramientos

Key Realty Listed on: 08/23/2016

Key Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,117

Year Built

  • Built in 2004

Lot Details

  • 10,724 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot

Parking

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

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 4,028 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring
  • Stove

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number P323500000000100

Community Details

Overview

  • Property has a Home Owners Association
  • 5 Units
  • Paradise Estates Subdivision

Building Details

  • Gross Income $30,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,117

Year Built

Built in 2004

Lot Details

0

Parking

8

Listing Details

  • Directions: From University Drive, go North on McColl Road, East (Right) on 17 1/2 Mile Road. South on Aruba Drive. Property is on the corner of 17 1/12 Mile Road and Aruba Drive.
  • Year Built: 2004
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2462
  • Road Surface Type: Paved
  • Subdivision Name: Paradise Estates
  • Garage Yn: Yes
  • New Construction: No
  • Building Stories: 1
  • GMAR_GeocodeConfidence: Unknown
  • GMAR_LicensedSupervisor: n/a
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
  • Flooring: Tile
  • Living Area: 4028
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

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

Garage/Parking

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

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: 312
  • 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: 10724.472
  • Parcel #: P323500000000100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 5117

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 4
  • Annual Gross Income: 30900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2024
Sold by
Yun-Chia Yan and Su Tung
Bought by
Anieto Ugochukwu Obiakornobi
Current Estimated Value
$402,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,600
Outstanding Balance
$280,823
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$122,167

Purchase Details

Listed on
Aug 23, 2016
Closed on
Dec 7, 2016
Sold by
Zhang Jinhong and Tian Rong
Bought by
Yan Yun Chia and Chen Su Tung
Seller's Agent
Erma Ramientos
Key Realty
List Price
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.42%

Purchase Details

Closed on
Jul 18, 2009
Sold by
Villegas Ramiro and Villegas Melissa
Bought by
Berlanga John Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,006
Interest Rate
5.19%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 1, 2006
Sold by
Ramirez Restaurant Inc
Bought by
Zhang Jinhong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,800
Interest Rate
6.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 1, 2005
Sold by
Garza Evaristo and Garza Nicolasa
Bought by
Ramirez Restaurant Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,400
Interest Rate
5.85%
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
Anieto Ugochukwu Obiakornobi -- Capital Title
Yan Yun Chia -- Attorney
Berlanga John Andrew -- None Available
Zhang Jinhong -- None Available
Ramirez Restaurant Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anieto Ugochukwu Obiakornobi $285,600
Previous Owner Berlanga John Andrew $48,006
Previous Owner Zhang Jinhong $164,800
Previous Owner Ramirez Restaurant Inc $166,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2016 12/09/16 Sold -- -- --
10/27/2016 10/27/16 Pending -- -- --
08/23/2016 08/23/16 For Sale $245,000 -- $61 / 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 $7,804 $357,000 $107,230 $249,770
2024 $7,804 $325,000 $64,874 $260,126
2023 $7,588 $316,250 $64,874 $251,376
2022 $7,161 $275,000 $64,874 $210,126
2021 $6,851 $253,000 $64,874 $188,126
2020 $6,602 $242,646 $50,934 $191,712
2019 $6,730 $242,324 $50,934 $191,390
2018 $6,559 $235,574 $50,934 $184,640
2017 $6,288 $225,043 $48,254 $176,789
2016 $5,117 $183,144 $48,254 $134,890
2015 $5,033 $176,090 $48,254 $127,836
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 198593

Greater McAllen Association of REALTORS®

APN: P3235-00-000-0001-00