NOT LISTED FOR SALE

3530 Pera Ave Unit 9 El Paso, TX 79905

Chamizal Neighborhood

Estimated Value: $615,000

-- Bed
1 Bath
5,883 Sq Ft
$105/Sq Ft Est. Value

Last Sold November 09, 2017

Current estimated payment $4,061/month

154 Days on Market

About This Home

As of November 2017

14% CAP RATE!!!! I'm proud to present this HUBzone and Great Investment opportunity on the corner of Pera and Copia!!! Three minutes from International Bridge of the Americas. Eight apartments and one storefront, all apartments are currently rented month to month. Some utilities are paid by landlord. Don't miss the opportunity to own a great income property, that has a great and better income potential after renovating.

Last Agent to Sell the Property

Luis Portugal

ERA Sellers & Buyers Real Esta Listed on: 05/20/2017

Last Buyer's Agent

Luis Portugal

Keller Williams Realty License #0645050

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,579

Year Built

  • Built in 1940

Lot Details

  • 7,000

Parking

  • On-Street Parking

Home Design

  • 5,883 Sq Ft Home
  • Flat Roof Shape
  • Stucco Exterior

Schools

  • Zavala Elementary School
  • Henderson Middle School
  • Jefferson High School

Additional Features

  • 7,000 Sq Ft Lot
  • Flood Zone Lot
  • No Cooling

Listing and Financial Details

  • Tenant pays for some utilities
  • The owner pays for some utilities
  • Assessor Parcel Number E01499900704100

Community Details

Overview

  • 2 Buildings
  • 5 Units
  • East El Paso Subdivision

Building Details

  • Utility Expense $9,600
  • Operating Expense $8,196
  • Gross Income $53,460

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,579

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 9 or More Units
  • Year Built: 1940
  • Co List Office Mls Id: 280
  • Subdivision Name: East El Paso
  • Mobile Length: 2
  • Mobile Width: 9
  • Location Tax Legal:Zoning2: A3
  • Location Tax Legal:Elementary School: Zavala
  • Location Tax Legal:Middle School: Henderson
  • Location Tax Legal:High School: Jefferson
  • Location Tax Legal:Apx Yearly Taxes: 5579.0
  • Location Tax Legal:Tax Year2: 2016
  • Location Tax Legal:Parcel ID: E01499900704100
  • General Property Info:Apx Acres2: 0.16
  • General Property Info:Apx SqFt LotLand2: 7000.0
  • General Property Info:Buildings Total: 2
  • General Property Info:Total Units: 5
  • General Property Info:Flood Zone3: Yes
  • General Property Info:Handicap Access: No
  • General Property Info:Lead Paint Discl: No
  • Rental Info:Month To Month: Yes
  • Special Features: None

Exterior Features

  • Roof: Flat
  • Acres: 0.16
  • Construction Type: Stucco
  • Construction:Stucco2: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Parking:On Street: Yes

Utilities

  • Cooling: None
  • Green Building Features: None
  • Cooling Y N: No

Association/Amenities

  • Association Amenities:None3: Yes

Schools

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

Lot Info

  • Parcel Number: E01499900704100
  • Zoning: A3
  • Lot Size Sq Ft: 7000.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Some Utilities
  • Tenant Pays: Some Utilities

Tax Info

  • Year: 2016
  • Tax Annual Amount: 5579.0

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 53460.0
  • Annual Operating Expense: 8196.0

MLS Schools

  • Elementary School: Zavala
  • HighSchool: Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2009
Sold by
Cortes Maria E
Bought by
Cortes Jesus and Cortes Lizbeth
Current Estimated Value
$615,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Outstanding Balance
$92,913
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$522,087

Purchase Details

Closed on
Dec 2, 2008
Sold by
Guerrero Humberto
Bought by
Singh Peter and Singh Lydia

Purchase Details

Closed on
Oct 31, 2005
Sold by
Singh Peter and Singh Lydia
Bought by
Guerrero Humberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
5.75%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 20, 2004
Sold by
Singh Peter and Singh Lydia
Bought by
Gonzalez Francisco and Gonzalez Pedro
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
Cortes Jesus -- None Available
Singh Peter $124,800 None Available
Guerrero Humberto -- --
Gonzalez Francisco -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Fgms Holdings Llc $0
Closed Fgms Holdings Llc $0
Open Cortes Jesus $14,525
Closed Cortes Jesus $9,033
Closed Cortez Jesus $3,072
Open Cortes Jesus $142,000
Previous Owner Guerrero Humberto $138,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2017 11/09/17 Sold -- -- --
10/20/2017 10/20/17 Pending -- -- --
07/24/2017 07/24/17 Price Changed $254,600 +10.9% $43 / Sq Ft
07/24/2017 07/24/17 For Sale $229,500 0.0% $39 / Sq Ft
06/05/2017 06/05/17 Pending -- -- --
05/19/2017 05/19/17 For Sale $229,500 -- $39 / Sq Ft
Source: Greater El Paso 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
2024 $8,523 $422,090 $19,250 $402,840
2023 $8,523 $273,631 $19,250 $254,381
2022 $8,100 $273,631 $19,250 $254,381
2021 $8,243 $264,000 $19,250 $244,750
2020 $8,114 $264,000 $19,250 $244,750
2018 $6,090 $205,770 $19,250 $186,520
2017 $5,796 $205,770 $19,250 $186,520
2016 $5,579 $198,060 $19,250 $178,810
2015 $4,301 $201,640 $19,250 $182,390
2014 $4,301 $157,184 $19,250 $137,934
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Luis Portugal

    ERA Sellers & Buyers Real Esta

See All Agents

Map

Source: Greater El Paso Association of REALTORS®

MLS Number: 722478

Greater El Paso Association of REALTORS®

APN: E014-999-0070-4100

Texas El Paso County El Paso 79905 Chamizal

3530 Pera Ave Unit 9, El Paso, TX

This home is located at 3530 Pera Ave Unit 9, El Paso, TX 79905 since 20 May 2017 and is currently estimated at $615,000, approximately $104 per square foot. This property was built in 1940. 3530 Pera Ave Unit 9 is a home located in El Paso County with nearby schools including Douglass Elementary School, Dr. Villamil-Tinajero PK-8, and Jefferson High School.

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