NOT LISTED FOR SALE

401 E Tulip Ave Unit Lot 17 McAllen, TX 78504

Estimated Value: $484,000

-- Bed
12 Baths
4,989 Sq Ft
$97/Sq Ft Est. Value

Last Sold May 15, 2014

Current estimated payment $3,665/month

6 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Walk-In Closet
  • Gonzalez Elementary School Rated A
  • Balcony
  • Tile Flooring

About This Home

As of May 2014

Nolana & McColl Area. Six Units. 2@ 2 bed 2 Bath. 4@ 2 Bed 1 Bath. 2 parking spaces per unit. Tile floors, ceiling fans, mini blinds, coin operated laundry room for the complex. 6 water and 6 electric meters. Low maintenance cost. 1 Year Home Warranty for all 6 units with the right offer!

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,664

Year Built

  • Built in 1992

Lot Details

  • 9,583 Sq Ft Lot
  • Corner Lot
  • Sprinkler System

Parking

  • 12 Car Garage
  • No Garage
  • On-Street Parking
  • Open Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Walk-In Closet
  • 4,989 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector
  • Stove

Outdoor Features

  • Balcony

Schools

  • Gonzalez Elementary School
  • Morris Middle School
  • Memorial High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number V417000000001700

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Violet Terrace Subdivision

Building Details

  • Insurance Expense $2,085
  • Maintenance Expense $480
  • Gross Income $41,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,664

Year Built

Built in 1992

Lot Details

0

Parking

12

Listing Details

  • Directions: From Nolana, North on Chai (“C”) St, Corner Of Chai & Tulip.
  • Year Built: 1992
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.22
  • Road Surface Type: Paved
  • Subdivision Name: Violet Terrace
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Efficiency: Other
  • Building Stories: 2
  • GMAR_GeocodeConfidence: Unknown
  • GMAR_Escrow: 3000
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Refrigerator, Stove/Range
  • Flooring: Tile
  • Living Area: 4989

Exterior Features

  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s)
  • Fencing: None
  • Lot Features: Corner Lot, Curb & Gutters, Sidewalks, Sprinkler System
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Laundry Facility
  • Patio And Porch Features: Deck/Balcony/Porch

Garage/Parking

  • Garage Spaces: 12
  • Covered Parking Spaces: 12
  • Open Parking: Yes
  • Parking Features: On Street, No Carport, No Garage
  • Total Parking Spaces: 12

Utilities

  • Utilities: Internet Access, Cable Available
  • Security: 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: None
  • Association: No

Schools

  • Elementary School: Gonzalez
  • High School: Memorial H.S.
  • Junior High Dist: McAllen ISD
  • Middle Or Junior School: Morris

Lot Info

  • Lot Size Sq Ft: 9583.2
  • Parcel #: V417000000001700
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 14
  • Tax Annual Amount: 5664

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 6
  • Annual Gross Income: 41400
  • Insurance Expense: 2085

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2014
Closed on
May 14, 2014
Sold by
Chien Roger and Staykova Krasimira Georgieva
Bought by
Southern Pera Investments Ltd
List Price
$285,000
Current Estimated Value
$484,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.43%

Purchase Details

Closed on
Feb 15, 2007
Sold by
Deleon Eduardo Lopez and Altamirano Maria Cecilia
Bought by
Chien Roger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
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
Southern Pera Investments Ltd -- None Available
Chien Roger -- Edwards Abstract & Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chien Roger $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2014 05/15/14 Sold -- -- --
04/23/2014 04/23/14 Pending -- -- --
04/17/2014 04/17/14 For Sale $285,000 -- $57 / 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 $13,519 $466,379 $113,928 $352,451
2024 $13,519 $589,002 $113,928 $475,074
2023 $11,302 $480,392 $84,497 $395,895
2022 $10,338 $416,877 $84,497 $332,380
2021 $8,557 $334,969 $84,497 $250,472
2020 $8,558 $335,483 $84,497 $250,986
2019 $8,588 $338,583 $84,497 $254,086
2018 $7,878 $310,097 $84,497 $225,600
2017 $7,175 $281,318 $46,521 $234,797
2016 $6,601 $258,819 $46,521 $212,298
2015 $5,846 $226,088 $37,976 $188,112
Source: Public Records

Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 174161

Greater McAllen Association of REALTORS®

APN: V4170-00-000-0017-00