NOT LISTED FOR SALE

2502 Cervantes Ave Unit 4 Edinburg, TX 78541

Estimated Value: $468,000 - $530,000

-- Bed
16 Baths
6,806 Sq Ft
$73/Sq Ft Est. Value

Last Sold October 31, 2012

Current estimated payment $3,454/month

7 Days on Market

Highlights

  • 0.37 Acre Lot
  • Cul-De-Sac
  • Patio
  • No HOA
  • Double Pane Windows
  • Tile Flooring

About This Home

As of October 2012

This home is located at 2502 Cervantes Ave Unit 4, Edinburg, TX 78541 since 27 August 2012 and is currently estimated at $497,667, approximately $73 per square foot. This property was built in 2005. 2502 Cervantes Ave Unit 4 is a home located in Hidalgo County with nearby schools including De La Vina Elementary School, B L Garza Middle School, and Edinburg North High School.

Last Agent to Sell the Property

Ron Adkins

Premier Realty Services Listed on: 08/27/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,116

Year Built

  • Built in 2005

Lot Details

  • 0.37 Acre Lot
  • Cul-De-Sac
  • Privacy Fence
  • Sprinkler System

Parking

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

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 6,806 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • De La Vina Elementary School
  • B.L. Gray Junior High
  • Edinburg High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number L626901000000400

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Los Molinos Subdivision

Building Details

  • Gross Income $35,569

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,116

Year Built

Built in 2005

Lot Details

0

Parking

8

Listing Details

  • Directions: From The Corner Of Jackson And Schounior go West On Schounior, Turn Left Into Los Molinos Subdivision, Turn Left On Cervantes, Apt At End Of Street
  • Year Built: 2005
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3687
  • Road Surface Type: Paved
  • Subdivision Name: Los Molinos
  • Garage Yn: Yes
  • Building Stories: 1
  • GMAR_GeocodeConfidence: Unknown
  • Availability: Immediate
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Flooring: Tile
  • Living Area: 6806
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Interior Amenities: Ceiling Fan(s)
  • Fencing: Privacy
  • Lot Features: Cul-De-Sac, Sidewalks, Sprinkler System
  • Construction Type: Brick
  • Foundation Details: Other
  • 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

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 16060.572
  • Parcel #: L626901000000400
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 12
  • Tax Annual Amount: 5116

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 4
  • Annual Gross Income: 35569

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2014
Sold by
Maldonado Alejo Visuara and Barbeito Maria Jose
Bought by
Mdq Investments Llc
Current Estimated Value
$497,667

Purchase Details

Listed on
Aug 27, 2012
Closed on
Sep 24, 2012
Sold by
Martinson Thomas R and Martinson Brenda L
Bought by
Maldonado Alejo Visuara
Seller's Agent
Ron Adkins
Premier Realty Services
List Price
$220,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Original Mortgage
$176,000
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2005
Sold by
Fabela Raul and Fabela Sandra
Bought by
Martinson Thomas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,200
Interest Rate
5.65%
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
Mdq Investments Llc -- None Available
Maldonado Alejo Visuara -- Vltc
Martinson Thomas R -- Charge San Jacinto Title Ser
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maldonado Alejo Visuara $176,000
Previous Owner Martinson Thomas R $219,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2012 10/31/12 Sold -- -- --
09/03/2012 09/03/12 Pending -- -- --
08/27/2012 08/27/12 For Sale $220,000 -- $32 / 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 $9,968 $445,000 $160,600 $284,400
2024 $9,968 $415,120 $101,178 $313,942
2023 $9,588 $399,600 $101,178 $298,422
2022 $9,635 $370,000 $101,178 $268,822
2021 $9,115 $336,614 $124,465 $212,149
2020 $9,185 $337,571 $124,465 $213,106
2019 $9,440 $339,913 $124,465 $215,448
2018 $9,059 $325,388 $124,465 $200,923
2017 $9,226 $330,186 $133,700 $196,486
2016 $6,607 $236,474 $89,133 $147,341
2015 $6,342 $234,210 $89,133 $145,077
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Ron Adkins

    Premier Realty Services

    (956) 773-8381

    5 in this area

    13 Total Sales

    Ron Adkins
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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 158772

Greater McAllen Association of REALTORS®

APN: L6269-01-000-0004-00

Texas Hidalgo County Edinburg 78541

2502 Cervantes Ave Unit 4, Edinburg, TX

Not Listed for Sale

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