NOT LISTED FOR SALE

3409 N 40th St McAllen, TX 78501

Estimated Value: $418,000 - $612,000

0.37 Acre
$1,319,048 Price per Acre
16,291 Sq Ft Lot

Last Sold October 04, 2016

Current estimated payment $3,397/month

15 Days on Market

About This Lot

As of October 2016

16,292 sqft residential lot on cul-de-sac in north central McAllen. Close proximity from restaurants, schools, retail areas, parks, grocery stores.

Last Agent to Sell the Property

Leo Guerrero

Star Realty Group, Llc Listed on: 07/26/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,329

Lot Details

  • 0.37 Acre Lot
  • Cul-De-Sac

Schools

  • Mcauliffe Elementary School
  • De Leon Middle School
  • Rowe High School

Utilities

  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Las Casitas Subdivision

Listing and Financial Details

  • Assessor Parcel Number L315700000001400

Property Details

Property Type

Land

Est. Annual Taxes

$1,329

Lot Details

0

Listing Details

  • Directions: North on Ware Rd, turn West on Daffodil, North on 41st Street, East on Gardenia to 40th Street
  • Property Sub Type: Residential Lot
  • Prop. Type: Land
  • Lot Size Acres: 0.374
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Las Casitas
  • GMAR_GeocodeConfidence: Unknown
  • GMAR_Escrow: 1500
  • GMAR_LicensedSupervisor: Leo Guerrero
  • Non-Allowables: No
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: Cul-De-Sac

Utilities

  • Utilities: Cable Connected, Electricity Connected, Water Connected, Phone Connected
  • Electricity On Property: Yes
  • Sewer: City Sewer
  • Water Source: Public, City
  • Water Comments: City

Condo/Co-op/Association

  • Association Fee: 100
  • Association: Yes

Schools

  • Elementary School: McAuliffe
  • High School: Rowe H.S.
  • Junior High Dist: McAllen ISD
  • Middle Or Junior School: De Leon

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 16292
  • Parcel #: L315700000001400
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 16
  • Tax Annual Amount: 1329

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2016
Closed on
Oct 5, 2016
Sold by
Nader Luis Abraham and Nader Erika
Bought by
Delacruz Juan W and Delacruz Elizabeth
Seller's Agent
Leo Guerrero
Star Realty Group, Llc
List Price
$88,000
Current Estimated Value
$493,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.80%
Original Mortgage
$66,000
Outstanding Balance
$8,290
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$485,035

Purchase Details

Closed on
Sep 12, 2014
Sold by
Nader Medecigo Luis Abraham
Bought by
Silva Nader Medecigo Luis Abraham and Silva Nader Aracelia

Purchase Details

Closed on
May 19, 2011
Sold by
Mealing Family Trust
Bought by
Medecigo Luis Abraham Nader

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
4.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2009
Sold by
J Q S Investments Lp
Bought by
Mealing Family Trust
Source: Public Records

Range of Values:

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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
Delacruz Juan W -- None Available
Silva Nader Medecigo Luis Abraham -- None Available
Medecigo Luis Abraham Nader -- Sierra Title
Mealing Family Trust -- Sierra Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delacruz Juan W $66,000
Previous Owner Medecigo Luis Abraham Nader $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2016 10/04/16 Sold -- -- --
08/10/2016 08/10/16 Pending -- -- --
07/26/2016 07/26/16 For Sale $88,000 -- --
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 $9,778 $505,512 -- --
2024 $9,778 $459,556 $120,561 $338,995
2023 $10,812 $459,556 $120,561 $338,995
2022 $10,689 $431,043 $120,561 $310,482
2021 $8,852 $346,495 $120,561 $225,934
2020 $7,236 $283,659 $78,202 $205,457
2019 $7,195 $283,659 $78,202 $205,457
2018 $7,709 $303,414 $81,460 $221,954
2017 $1,330 $52,134 $52,134 $0
2016 $1,330 $52,134 $52,134 $0
2015 $1,335 $52,134 $52,134 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 197704

Greater McAllen Association of REALTORS®

APN: L3157-00-000-0014-00