NOT LISTED FOR SALE

2202 Kimberly Ln Edinburg, TX 78541

Estimated Value: $358,000 - $453,000

-- Bed
16 Baths
3,640 Sq Ft
$109/Sq Ft Est. Value

Last Sold August 07, 2018

Current estimated payment $2,667/month

139 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 7 Car Garage
  • Tile Flooring
  • Ceiling Fan
  • 1-Story Property

About This Home

As of August 2018

This four-plex is on a great location. Very close to the university, The University of The Rio Grande Valley. Near shops, major chain stores, and restaurants. Covered parking. Washer and dryer included in all units along with refrigerator and stove. Master bedroom has master bathroom. Most units have ceramic tile. Ceiling fans and smoke detectors. Needs rehabbing.

Last Agent to Sell the Property

Alberto Velez

Meridian Rgv, Llc Listed on: 01/19/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,401

Year Built

  • Built in 1999

Lot Details

  • 9,409 Sq Ft Lot

Parking

  • 7 Car Garage
  • No Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 3,640 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector
  • Stove

Laundry

  • Dryer
  • Washer

Schools

  • De La Vina Elementary School
  • B.L. Garza Middle School
  • Edinburg North High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number B031001000001200

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Balcones Trail Subdivision

Building Details

  • Insurance Expense $3,919

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,401

Year Built

Built in 1999

Lot Details

0

Parking

7

Listing Details

  • Directions: N on N Jackson Rd, passing University Dr (107) then turn left on Kimberly Ln. It's the 5th building is on your left hand side (south of street).
  • Year Built: 1999
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.216
  • Road Surface Type: Paved
  • Subdivision Name: Balcones Trail
  • Garage Yn: Yes
  • New Construction: No
  • Efficiency: None
  • Building Stories: 1
  • GMAR_GeocodeConfidence: Unknown
  • Availability: Immediate
  • GMAR_LicensedSupervisor: Ken DeJarnett
  • Non-Allowables: No
  • Repairs YN: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
  • Flooring: Tile
  • Living Area: 3640

Exterior Features

  • Exterior Features: None
  • Interior Amenities: Ceiling Fan(s)
  • Fencing: None
  • Lot Features: Curb & Gutters
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)

Garage/Parking

  • Garage Spaces: 7
  • Covered Parking Spaces: 7
  • Parking Features: No Garage

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • 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: B.L. Garza

Lot Info

  • Lot Size Sq Ft: 9408.96
  • Parcel #: B031001000001200
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 5401

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 4
  • Insurance Expense: 3919

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2018
Closed on
Aug 9, 2018
Sold by
Arreola Arturo and Arreola Silvia
Bought by
Burgueno Gonzalo
Seller's Agent
Alberto Velez
Meridian Rgv, Llc
List Price
$228,000
Current Estimated Value
$395,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.99%
Original Mortgage
$138,750
Outstanding Balance
$84,698
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$310,969

Purchase Details

Closed on
Apr 10, 2006
Sold by
Luna Francisco R and Luna Rosario R
Bought by
Arreola Arturo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
2.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Burgueno Gonzalo -- Valley Land Title
Arreola Arturo -- San Jacinto Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burgueno Gonzalo $138,750
Previous Owner Arreola Arturo $166,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2018 08/07/18 Sold -- -- --
06/07/2018 06/07/18 Pending -- -- --
01/19/2018 01/19/18 For Sale $228,000 -- $63 / 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 $6,984 $333,224 $94,300 $238,924
2024 $6,984 $320,149 $59,409 $260,740
2023 $7,539 $314,200 $59,409 $254,791
2022 $7,704 $295,849 $59,409 $236,440
2021 $6,284 $232,056 $60,824 $171,232
2020 $6,261 $230,114 $56,580 $173,534
2019 $6,454 $232,417 $56,580 $175,837
2018 $6,198 $222,608 $56,580 $166,028
2017 $5,536 $198,117 $45,264 $152,853
2016 $4,542 $162,563 $45,264 $117,299
2015 $4,486 $155,971 $45,264 $110,707
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 216130

Greater McAllen Association of REALTORS®

APN: B0310-01-000-0012-00