NOT LISTED FOR SALE

3708 W Sarah Evans St Edinburg, TX 78541

Estimated Value: $394,000 - $499,000

-- Bed
8 Baths
4,662 Sq Ft
$95/Sq Ft Est. Value

Last Sold February 03, 2023

Current estimated payment $3,270/month

16 Days on Market

Highlights

  • High Ceiling
  • No HOA
  • Crown Molding
  • Cavazos Elementary School Rated A-
  • Built-In Features
  • Slab Porch or Patio

About This Home

As of February 2023

100% Fully occupied units located in a growing area in Edinburg! Updated stainless steel appliances in unit one and four. Brand New A/C Units in unit one and two. Nearby to the University, shopping centers, and great restaurants. Very well taken care of units, with spacious open concept, tile floors throughout. One of the few complexes that is designed with three full bathrooms for each bedroom. Private fenced in patio for all units. Rents are due to be increased.

Last Agent to Sell the Property

Adrian Gomez

Effective Real Estate Listed on: 01/03/2023

Last Buyer's Agent

Adrian Gomez

Effective Real Estate Listed on: 01/03/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,242

Year Built

  • Built in 2006

Lot Details

  • 10,582 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Sprinkler System

Parking

  • 8 Carport Spaces

Home Design

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

Interior Spaces

  • 4,662 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Cooktop
  • Microwave

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Schools

  • Trevino Elementary School
  • B.L. Garza Middle School
  • Edinburg North High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Energy-Efficient Thermostat
  • Slab Porch or Patio

Listing and Financial Details

  • Assessor Parcel Number J422002000003500

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Jardin Del Valle Apartments Subdivision

Building Details

  • Insurance Expense $1,800
  • Maintenance Expense $2,330
  • Gross Income $45,480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,242

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Directions: North on Monmack Road, left on Sarah Evans, property will be on the left-hand side.
  • Year Built: 2006
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2429
  • Road Surface Type: Paved
  • Subdivision Name: Jardin Del Valle Apartments
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Thermostat
  • Building Stories: 1
  • GMAR_Escrow: 5000
  • Non-Allowables: No
  • Repairs YN: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Electric Cooktop, Microwave, Refrigerator
  • Flooring: Tile
  • Living Area: 4662

Exterior Features

  • Exterior Features: Sprinkler System
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Crown/Cove Molding, Decorative/High Ceilings, Microwave
  • Fencing: Irrigation, Landscaped, Wood
  • Lot Features: Alley, Professional Landscaping, Sidewalks, Sprinkler System
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Patio, Patio Slab
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: Other Garage or Carport
  • Total Parking Spaces: 8

Utilities

  • Laundry Features: Laundry Closet, Washer/Dryer Connection
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Association: No

Schools

  • Elementary School: Trevino
  • High School: Edinburg North H.S.
  • Junior High Dist: Edinburg ISD
  • Middle Or Junior School: B.L. Garza

Lot Info

  • Lot Size Sq Ft: 10582.0308
  • Parcel #: J422002000003500
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8242

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 4
  • Annual Gross Income: 45480
  • Insurance Expense: 1800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2023
Closed on
Feb 3, 2023
Sold by
Gonzalez Jesus
Bought by
Escamilla Judith Azalea
Seller's Agent
Adrian Gomez
Effective Real Estate
Buyer's Agent
Adrian Gomez
Effective Real Estate
List Price
$415,000
Views
41
Current Estimated Value
$462,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.71%
Original Mortgage
$307,500
Outstanding Balance
$298,817
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$161,850

Purchase Details

Listed on
Oct 5, 2018
Closed on
Sep 27, 2019
Sold by
Lim Houi K and Lim Chansamone
Bought by
Gonzalez Jesus
Seller's Agent
Crystal Rose
Texas Valley Real Estate
Buyer's Agent
Adrian Gomez
Effective Real Estate
List Price
$345,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.63%
Original Mortgage
$286,711
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 30, 2007
Sold by
Chapa Rodolfo D
Bought by
Lim Houi K and Lim Chansamone

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,300
Interest Rate
6.73%
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
Escamilla Judith Azalea -- Valley Land Title
Gonzalez Jesus -- Landtitle Texas Llc
Lim Houi K -- San Jacinto Title Services O
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Escamilla Judith Azalea $307,500
Previous Owner Gonzalez Jesus $286,711
Previous Owner Lim Houi K $298,500
Previous Owner Lim Houi K $285,300
Previous Owner Chapa Rodolfo D $211,670
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2023 02/03/23 Sold -- -- --
01/20/2023 01/20/23 Pending -- -- --
01/03/2023 01/03/23 For Sale $415,000 +20.3% $89 / Sq Ft
09/27/2019 09/27/19 Sold -- -- --
09/10/2019 09/10/19 Pending -- -- --
10/05/2018 10/05/18 For Sale $345,000 -- $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
2024 $9,015 $375,453 $62,963 $312,490
2023 $8,879 $370,046 $0 $0
2022 $8,217 $315,567 $0 $0
2021 $7,721 $285,147 $62,963 $222,184
2020 $7,429 $273,033 $50,264 $222,769
2019 $7,291 $262,551 $50,265 $212,286
2018 $7,028 $252,436 $50,265 $202,171
2017 $6,765 $242,134 $44,444 $197,690
2016 $5,215 $186,637 $44,444 $142,193
2015 $5,227 $185,542 $44,444 $141,098
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 396050

Greater McAllen Association of REALTORS®

APN: J4220-02-000-0035-00