NOT LISTED FOR SALE

2601 E Garfield Ave Alton, TX 78573

Estimated Value: $470,000 - $491,000

Studio
12 Baths
4,440 Sq Ft
$107/Sq Ft Est. Value

Last Sold December 01, 2019

Current estimated payment $3,367/month

54 Days on Market

Highlights

  • Gated Community
  • Corner Lot
  • Patio
  • Sharyland North Junior High School Rated A
  • Double Pane Windows
  • Home Security System

About This Home

As of December 2019

Sharyland 4-Plex Built in 2018 in a Gated Neighborhood!!! Stewart Landing is the location of this Like-New 4-Plex. All Units are 3 Bedroom/2 Bath with ALL TILE Floors. Granite in the Kitchen and Bathrooms. Included Appliances for All Units: Refrigerator, Glass Cooktop Stove, Disposal, Washer and Dryer. The Master Bath Includes a Walk-In Closet, Shower and Private Toilet. Hall Bath includes a Tub/Shower Combo. The Two Back Units also have an Oversize Back Yard. Jensen, Shary North and Pioneer High School. One unit is also available for rent at $915/month.Video and/or Audio Surveillance may be in use

Last Agent to Sell the Property

Tom Shepherd

Berkshire Hathaway Homeservice Listed on: 09/26/2019

Berkshire Hathaway Homeservice

Last Buyer's Agent

Tom Shepherd

Berkshire Hathaway Homeservice Listed on: 09/26/2019

Berkshire Hathaway Homeservice

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,709

Year Built

  • Built in 2018

Lot Details

  • 0.26 Acre Lot
  • Privacy Fence
  • Wood Fence
  • Corner Lot
  • Sprinkler System

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Shingle Roof
  • Stone

Interior Spaces

  • Split Bedroom Floorplan
  • 4,440 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring

Kitchen

  • Stove
  • Disposal

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Garage
  • 6 Carport Spaces
  • No Garage
  • Front Facing Garage

Outdoor Features

  • Patio

Schools

  • Jensen Elementary School
  • North Jr. High Middle School
  • Sharyland Pioneer High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number S606302000006800

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Stewart Landing HOA
  • Stewart Landing Subdivision

Building Details

  • Insurance Expense $2,500
  • Maintenance Expense $415
  • Gross Income $20,000

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,709

Year Built

Built in 2018

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Directions: Between 4 Mile and 5 Mile on Stewart - East Side.
  • Year Built: 2018
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2551
  • Road Surface Type: Paved
  • Subdivision Name: Stewart Landing
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 1
  • GMAR_GeocodeConfidence: Unknown
  • GMAR_LicensedSupervisor: Tom Shepherd
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Water Heater (Laundry Room), Disposal, Dryer, Refrigerator, Stove/Range, Washer
  • Flooring: Tile
  • Living Area: 4440
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Exterior Features: Sprinkler System
  • Interior Amenities: Ceiling Fan(s), Split Bedrooms
  • Fencing: Privacy, Wood
  • Lot Features: Corner Lot, Curb & Gutters, Sidewalks, Sprinkler System
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Brick, Stone
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Patio
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 6
  • Covered Parking Spaces: 6
  • Parking Features: Garage Faces Front, No Garage

Utilities

  • Laundry Features: Laundry Closet
  • 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: Curbs, Gated, Sidewalks, Street Lights
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association Name: Stewart Landing HOA
  • Association: Yes

Schools

  • Elementary School: Jensen
  • High School: Sharyland Pioneer H.S.
  • Junior High Dist: Sharyland ISD
  • Middle Or Junior School: North Jr. High

Lot Info

  • Lot Size Sq Ft: 11110.8492
  • Parcel #: S606302000006800
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 8709

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 20000
  • Insurance Expense: 2500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2019
Closed on
Dec 4, 2019
Sold by
Jiao Yinping Nicole
Bought by
Doust Sam Vahed
Seller's Agent
Tom Shepherd
Berkshire Hathaway Homeservice
Buyer's Agent
Tom Shepherd
Berkshire Hathaway Homeservice
List Price
$329,900
Current Estimated Value
$476,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%
Original Mortgage
$242,250
Outstanding Balance
$164,820
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$311,377

Purchase Details

Closed on
Jun 7, 2018
Sold by
Meza Homes Inc
Bought by
Jiao Yinping Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2018
Sold by
V & M Development L L C
Bought by
Meza Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,800
Interest Rate
3.94%
Mortgage Type
Construction
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
Doust Sam Vahed -- Sierra Title
Jiao Yinping Nicole -- Sierra Title
Meza Homes Inc -- Sierra Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doust Sam Vahed $242,250
Previous Owner Jiao Yinping Nicole $240,000
Previous Owner Meza Homes Inc $268,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2019 12/01/19 Sold -- -- --
11/11/2019 11/11/19 Pending -- -- --
09/18/2019 09/18/19 For Sale $329,900 -- $74 / 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 $10,219 $467,179 $133,333 $333,846
2024 $10,219 $445,721 $101,667 $344,054
2023 $10,161 $444,000 $101,667 $342,333
2022 $10,024 $406,887 $86,667 $320,220
2021 $8,666 $344,133 $66,667 $277,466
2020 $8,544 $323,000 $66,667 $256,333
2019 $8,710 $320,000 $60,000 $260,000
2018 $1,501 $55,000 $55,000 $0
2017 $1,509 $55,000 $55,000 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Tom Shepherd

    Berkshire Hathaway Homeservice

    (956) 457-9248

    1 in this area

    80 Total Sales

    Tom Shepherd
    Section Image
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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 322415

Greater McAllen Association of REALTORS®

APN: S6063-02-000-0068-00

Texas Hidalgo County Alton 78573

2601 E Garfield Ave, Alton, TX

Not Listed for Sale

MultiFamily

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