NOT LISTED FOR SALE

4008 Park Place Pharr, TX 78577

Estimated Value: $379,000 - $473,912

-- Bed
8 Baths
4,312 Sq Ft
$96/Sq Ft Est. Value

Last Sold May 18, 2016

Current estimated payment $3,024/month

10 Days on Market

Highlights

  • Corner Lot
  • Double Pane Windows
  • Patio
  • Community Pool
  • Walk-In Closet
  • Home Security System

About This Home

As of May 2016

A good investment and well maintained 4 plex on a corner lot. All tile floors, vaulted ceiling, granite counter-top, all appliances included ( 4 fridge, 4 stove,4 washer/ dryer, 3 dishwasher, 4 microwave).All units wired for security alarm, individual patio, 8 carports. 5 electric meters-MVEC and 5 water metersThe apartment complex is gated with swimming pool.

Last Agent to Sell the Property

Susan Cauba

Key Realty Listed on: 03/07/2016

Key Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,694

Year Built

  • Built in 2006

Lot Details

  • 8,886 Sq Ft Lot
  • Privacy Fence
  • Corner Lot

Parking

  • 8 Car Garage

Home Design

  • Slab Foundation
  • Stucco

Interior Spaces

  • Walk-In Closet
  • 4,312 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • Longoria Elementary School
  • Lbj Middle School
  • Psja North High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number M191800002001200

Community Details

Overview

  • Property has a Home Owners Association
  • 5 Units
  • Mayfair Subdivision

Recreation

  • Community Pool

Building Details

  • Gross Income $2,975

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,694

Year Built

Built in 2006

Lot Details

0

Parking

8

Listing Details

  • Directions: South of Jackson Road past Nolana , E on Pearl to Park Place
  • Year Built: 2006
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.204
  • Road Surface Type: Paved
  • Subdivision Name: Mayfair
  • Garage Yn: Yes
  • New Construction: No
  • Building Stories: 1
  • GMAR_GeocodeConfidence: Unknown
  • GMAR_Escrow: 2500
  • GMAR_LicensedSupervisor: Dendea Balli
  • 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: 4312
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s)
  • Fencing: Privacy
  • Lot Features: Corner Lot
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Patio
  • Pool YN: Yes

Garage/Parking

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

Utilities

  • Utilities: Cable Available
  • Laundry Features: Washer/Dryer Connection
  • 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: Pool
  • Association Fee: 720
  • Association: Yes

Schools

  • Elementary School: Longoria
  • High School: PSJA North H.S.
  • Junior High Dist: PSJA ISD
  • Middle Or Junior School: LBJ

Lot Info

  • Lot Size Sq Ft: 8886.24
  • Parcel #: M191800002001200
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 6694

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 4
  • Annual Gross Income: 2975

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2016
Closed on
May 18, 2016
Sold by
Cabalona Michelle
Bought by
Lu Yen
Seller's Agent
Susan Cauba
Key Realty
List Price
$268,000
Current Estimated Value
$415,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.96%
Original Mortgage
$198,375
Outstanding Balance
$157,987
Interest Rate
3.59%
Mortgage Type
Commercial
Estimated Equity
$257,984

Purchase Details

Closed on
Oct 16, 2006
Sold by
Condesa Construction Inc
Bought by
Cabalona Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,721
Interest Rate
6.46%
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
Lu Yen -- Edwards Abstract & Title Co
Cabalona Michelle -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Yen $198,375
Previous Owner Cabalona Michelle $178,721
Previous Owner Cabalona Michelle $63,829
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2016 05/18/16 Sold -- -- --
03/17/2016 03/17/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $268,000 -- $62 / 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 $9,919 $380,000 $88,952 $291,048
2024 $9,919 $369,838 $82,281 $287,557
2023 $9,998 $373,033 $82,281 $290,752
2022 $8,379 $298,735 $60,487 $238,248
2021 $8,268 $289,465 $60,487 $228,978
2020 $7,720 $266,889 $60,487 $206,402
2019 $7,561 $257,996 $60,487 $197,509
2018 $7,604 $257,996 $60,487 $197,509
2017 $7,549 $253,945 $60,487 $193,458
2016 $6,836 $229,980 $60,487 $169,493
2015 $6,537 $219,313 $60,487 $158,826
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 193493

Greater McAllen Association of REALTORS®

APN: M1918-00-002-0012-00