NOT LISTED FOR SALE

225 Zenith Dr Unit A & B El Paso, TX 79912

Festival Hills Neighborhood

Estimated Value: $184,923 - $244,000

3 Beds
4 Baths
2,683 Sq Ft
$79/Sq Ft Est. Value

Sale Details

Date Sold: March 21, 2024

Current estimated payment $1,337 / mo

8 Days on Market

Highlights

  • RV or Boat Parking
  • Gated Community
  • Refrigerated Cooling System
  • RV or Boat Storage in Community
  • Fireplace
  • Patio

About This Home

As of March 2024

Completely Remodeled Duplexes! With a Yearly CAP (Capitalization Rate) in between 8.5% and 9% :D An Investor's Dream! Walking Distance from Montecillo!
2 Units for sale! They were just updated with: brand new tile throughout the property, Refrigerated AC, Furnace, custom kitchen cabinets, appliances still with protection wraps, roof, electrical, patio and bathrooms! Among others.
Private backyards No back neighbors. Independent garage, plus driveways, plus very specious side space for RV or Other.

Last Agent to Sell the Property

Eduardo Koch

Bliss Home Realty & Relocation Group License #0664857 Listed on: 01/11/2024

Last Buyer's Agent

Yaramin Loya

eXp Realty LLC License #0784864

eXp Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,724

Year Built

  • Built in 1973

Lot Details

  • 8,712

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof
  • Lead Paint Disclosure

Interior Spaces

  • 2,683 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Washer and Dryer

Kitchen

  • Built-In Gas Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Parking

  • 4 Parking Spaces
  • Over 1 Space Per Unit
  • RV or Boat Parking

Schools

  • Green Elementary School
  • Wiggs Middle School
  • Elpaso High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating System

Additional Features

  • Patio
  • 8,712 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number L62499901302601

Community Details

Overview

  • 2 Units
  • Lomas Del Rey Subdivision

Recreation

  • RV or Boat Storage in Community

Additional Features

  • Gross Income $39,000
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,724

Year Built

Built in 1973

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1973
  • Subdivision Name: Lomas Del Rey
  • Mobile Length: 1
  • Mobile Width: 2
  • Location Tax Legal:Zoning2: R4
  • Location Tax Legal:Elementary School: Green
  • Location Tax Legal:Middle School: Wiggs
  • Location Tax Legal:High School: Elpaso
  • Location Tax Legal:Apx Yearly Taxes: 6724.0
  • Location Tax Legal:Tax Year2: 2023
  • Location Tax Legal:Parcel ID: L62499901302601
  • General Property Info:Apx Acres2: 0.2
  • Water:City5: Yes
  • General Property Info:Apx SqFt LotLand2: 8805.0
  • General Property Info:Buildings Total: 1
  • General Property Info:Total Units: 2
  • General Property Info:Total Stories _pound_: 1
  • General Property Info:Flood Zone3: No
  • General Property Info:Handicap Access: No
  • General Property Info:Lead Paint Discl: Yes
  • Amenities:WasherDryer HU In Unit: Yes
  • Roof:Shingle: Yes
  • Amenities:Fireplace Some Units: Yes
  • Amenities:RV Storage: Yes
  • Appliances Included:Built-In Gas Oven2: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Range Hood2: Yes
  • Appliances Included:Disposal2: Yes
  • Appliances Included:Microwave2: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.2
  • Construction Type: Brick
  • Construction:Brick2: Yes
  • Amenities:Private Patios: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:_pound_ Parking Spaces: 4
  • Parking:_two_ Spaces per Unit: Yes

Utilities

  • Cooling: Refrigerated
  • Heating: Forced Air
  • Utilities: All Utilities
  • Sewer: City
  • Green Building Features: Fireplace Some Units, Private Patios, RV Storage, Security Gate, Washer/Dryer H/U In Unit
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: City
  • Sewer:City4: Yes
  • Heating:Forced Air: Yes

Association/Amenities

  • Amenities:Security Gate: Yes

Schools

  • Junior High Dist: El Paso
  • Middle Or Junior School: Wiggs

Lot Info

  • Parcel Number: L62499901302601
  • Zoning: R4
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2023
  • Tax Annual Amount: 6724.0

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 39000.0

MLS Schools

  • Elementary School: Green
  • HighSchool: Elpaso

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2024
Closed on
Mar 21, 2024
Sold by
Goal Development Group Inc
Bought by
Hernandez Andres Eduardo Guti
Seller's Agent
Eduardo Koch
Bliss Home Realty & Relocation Group
Buyer's Agent
Yaramin Loya
eXp Realty LLC
List Price
$437,000
Views
91
Current Estimated Value
$210,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-25.76%
Original Mortgage
$390,791
Outstanding Balance
$384,436
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
-$172,955
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hernandez Andres Eduardo Guti -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Andres Eduardo Guti $390,791
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/21/2024 03/21/24 Sold -- -- --
01/20/2024 01/20/24 Pending -- -- --
01/11/2024 01/11/24 For Sale $437,000 +61.9% $163 / Sq Ft
08/09/2023 08/09/23 Sold -- -- -- View Prior Sale
08/05/2023 08/05/23 Pending -- -- --
08/04/2023 08/04/23 For Sale $270,000 -- $101 / Sq Ft
Source: Greater El Paso Association of REALTORS®

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 $2,566 $162,838 $7,297 $155,541
2024 $2,566 $98,861 $7,297 $91,564
2023 $2,566 $92,933 $4,318 $88,615
2022 $2,541 $85,848 $4,318 $81,530
2021 $2,302 $73,736 $4,318 $69,418
2020 $1,630 $53,043 $2,570 $50,473
2018 $1,570 $53,043 $2,570 $50,473
2017 $1,469 $52,155 $2,570 $49,585
2016 $1,469 $52,155 $2,570 $49,585
2015 $1,427 $52,155 $2,570 $49,585
2014 $1,427 $52,155 $2,570 $49,585
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater El Paso Association of REALTORS®

MLS Number: 894304

Greater El Paso Association of REALTORS®

APN: L624-999-0130-2601

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