NOT LISTED FOR SALE

4014 Lincoln Ave Unit 1,2,3,4 El Paso, TX 79930

Central Neighborhood

Estimated Value: $243,000 - $416,000

4 Beds
4 Baths
2,116 Sq Ft
$153/Sq Ft Est. Value

Last Sold August 13, 2021

Current estimated payment $1,946/month

13 Days on Market

About This Home

As of August 2021

Amazing location (by Fort Bliss main entrance), and the convenience of being a block away from the freeway.

Remodeled apartments and a commercial area make this investment property perfect for rentals. Solid kitchen cabinets, mature landscaping and a beautiful stucco finish.

The Master suite has a large walk-in closet and a spacious enSuite bathroom. Walking distance to shopping areas.

The best part of town! With a huge backyard.

Last Agent to Sell the Property

Sergio Alvarez

Texas Ally Real Estate Group Listed on: 07/13/2021

Last Buyer's Agent

Anibal Olague

Cap Rate Real Estate Group License #0653430

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,860

Year Built

  • Built in 1954

Lot Details

  • 6,098

Parking

  • Unassigned Parking

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Stucco Exterior

Interior Spaces

  • 2,116 Sq Ft Home
  • 1-Story Property
  • Cooktop

Schools

  • Travis Elementary School
  • Bassett Middle School
  • Capt J L Chapin High School

Additional Features

  • 6,098 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units
  • Built by Antonio Corral
  • Morningside Heights Subdivision

Listing and Financial Details

  • Month-to-Month Lease Term
  • Assessor Parcel Number M79499907305700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,860

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1954
  • Subdivision Name: Morningside Heights
  • Mobile Length: 1
  • Mobile Width: 4
  • Location Tax Legal:Zoning2: A2
  • Location Tax Legal:Elementary School: Travis
  • Location Tax Legal:Middle School: Bassett
  • Location Tax Legal:High School: Capt J L Chapin High
  • Location Tax Legal:Apx Yearly Taxes: 2859.73
  • Location Tax Legal:Tax Year2: 2021
  • Location Tax Legal:Parcel ID: M79499907305700
  • General Property Info:Apx Acres2: 0.14
  • General Property Info:Builder Name: Antonio Corral
  • Water:City5: Yes
  • General Property Info:Apx SqFt LotLand2: 6000.0
  • General Property Info:Buildings Total: 1
  • General Property Info:Total Units: 4
  • General Property Info:Total Stories _pound_: 1
  • General Property Info:Flood Zone3: No
  • General Property Info:Handicap Access: No
  • General Property Info:Lead Paint Discl: No
  • Cooling:Central Air: Yes
  • Rental Info:Month To Month: Yes
  • Rental Info:_six_ Months: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Cooktop2: Yes

Exterior Features

  • Roof: Flat, See Remarks
  • Builder Name: Antonio Corral
  • Acres: 0.14
  • Construction Type: Stucco
  • Construction:Stucco2: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Parking:Unassigned: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Utilities: See Remarks
  • Sewer: City
  • Green Building Features: See Remarks
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: City
  • Heating:Central: Yes
  • Sewer:City4: Yes

Schools

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

Lot Info

  • Parcel Number: M79499907305700
  • Zoning: A2
  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2859.73

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Travis
  • HighSchool: Capt J L Chapin High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2021
Closed on
Aug 10, 2021
Sold by
Corral Antonio
Bought by
Erives Investments Llc Series H
Seller's Agent
Sergio Alvarez
Texas Ally Real Estate Group
Buyer's Agent
Anibal Olague
Cap Rate Real Estate Group
List Price
$230,000
Current Estimated Value
$323,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.61%
Original Mortgage
$232,500
Outstanding Balance
$211,415
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$112,252

Purchase Details

Closed on
Jun 19, 2019
Sold by
Bdd Investments Llc
Bought by
Corral Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2011
Sold by
Citibank N A
Bought by
Bdd Investments Llc

Purchase Details

Closed on
Sep 8, 2010
Sold by
Naranjo Eduardo G
Bought by
Citibank Na

Purchase Details

Closed on
Jun 7, 2006
Sold by
Munoz Luis and Munoz Romelia
Bought by
Naranjo Eduardo G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2004
Sold by
Tarin Hector P and Tarin Genoveva P
Bought by
Munoz Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Erives Investments Llc Series H -- None Listed On Document
Corral Antonio -- None Available
Bdd Investments Llc -- Alamo Title
Citibank Na $100,333 None Available
Naranjo Eduardo G -- None Available
Munoz Luis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erives Investments Llc Series H $232,500
Previous Owner Corral Antonio $97,500
Previous Owner Naranjo Eduardo G $81,600
Previous Owner Munoz Luis $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2021 08/13/21 Sold -- -- --
07/26/2021 07/26/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $230,000 0.0% $109 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $230,000 -- $109 / 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
2025 $2,841 $174,353 $23,950 $150,403
2024 $2,841 $174,353 $23,950 $150,403
2023 $2,841 $91,212 $14,256 $76,956
2022 $2,700 $91,212 $14,256 $76,956
2021 $2,860 $91,592 $14,256 $77,336
2020 $2,169 $70,581 $14,256 $56,325
2018 $3,147 $106,336 $14,256 $92,080
2017 $2,320 $82,370 $14,256 $68,114
2016 $2,320 $82,370 $14,256 $68,114
2015 $2,463 $108,334 $14,256 $94,078
2014 $2,463 $90,000 $14,256 $75,744
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater El Paso Association of REALTORS®

MLS Number: 848880

Greater El Paso Association of REALTORS®

APN: M794-999-0730-5700