NOT LISTED FOR SALE

4015 Morehead Ave El Paso, TX 79930

Central Neighborhood

Estimated Value: $246,000 - $394,000

-- Bed
4 Baths
3,200 Sq Ft
$96/Sq Ft Est. Value

Last Sold January 18, 2017

Current estimated payment $2,181/month

2 Days on Market

Highlights

  • Private Yard
  • Landscaped
  • Heating System Mounted To A Wall or Window
  • Evaporated cooling system
  • Laundry Facilities

About This Home

As of January 2017

This is one of two Quadruplexes to be sold together. 4011 Morehead and 4015 Morehead Ave. Total of 8 units and all are occupied. Easy access to Patriot Freeway and other shopping/eating areas. Properties need some work and price is reflective of that.

Last Agent to Sell the Property

Luz Marquez

Inmobilia Realty License #0494188 Listed on: 11/27/2016

Last Buyer's Agent

Tom Barnett

Summus Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,486

Year Built

  • Built in 1953

Lot Details

  • 7,405 Sq Ft Lot
  • Landscaped
  • Private Yard

Home Design

  • 3,200 Sq Ft Home
  • Quadruplex
  • Rolled or Hot Mop Roof
  • Stucco Exterior
  • Masonry
  • Lead Paint Disclosure

Kitchen

  • Free-Standing Gas Oven

Parking

  • Paved Parking
  • On-Street Parking

Schools

  • Rusk Elementary School
  • Bassett Middle School
  • Austin High School

Utilities

  • Evaporated cooling system
  • Heating System Mounted To A Wall or Window
  • Individual Gas Meter

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number G68699910602200

Community Details

Overview

  • 4 Units
  • Grandview Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,486

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1953
  • Subdivision Name: Grandview
  • Mobile Length: 1
  • Mobile Width: 4
  • Location Tax Legal:Zoning2: A2
  • Location Tax Legal:Elementary School: Rusk
  • Location Tax Legal:Middle School: Bassett
  • Location Tax Legal:High School: Austin
  • Location Tax Legal:Apx Yearly Taxes: 2486.0
  • Location Tax Legal:Tax Year2: 2016
  • Location Tax Legal:Parcel ID: G68699910602200
  • General Property Info:Apx Acres2: 0.17
  • Roof:RolledHot Mop: Yes
  • General Property Info:Apx SqFt LotLand2: 7500.0
  • General Property Info:Buildings Total: 1
  • General Property Info:Total Units: 4
  • General Property Info:Flood Zone3: No
  • General Property Info:Handicap Access: No
  • General Property Info:Lead Paint Discl: Yes
  • Metering:Individual Gas: Yes
  • Amenities:Some Landscaping: Yes
  • Cooling:Evaporative Cooling: Yes
  • Heating:Wall Unit(s): Yes
  • Amenities:Laundry Community: Yes
  • Appliances Included:Free-Standing Gas Oven2: Yes
  • Amenities:Enclosed Yard(s): Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Roof: Rolled/Hot Mop
  • Acres: 0.17
  • Construction Type: Masonry, Stucco
  • Construction:Stucco2: Yes
  • Construction:Masonry: Yes

Garage/Parking

  • Parking:Paved: Yes
  • Parking:On Street: Yes

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Wall Unit(s)
  • Utilities: All City
  • Green Building Features: Enclosed Yard(s), Laundry Community, Laundry Equip - Owned, Some Landscaping
  • Cooling Y N: Yes
  • HeatingYN: Yes

Schools

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

Lot Info

  • Parcel Number: G68699910602200
  • Zoning: A2
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Tax Info

  • Year: 2016
  • Tax Annual Amount: 2486.0

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Rusk
  • HighSchool: Austin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2017
Sold by
Tovar Jorge Armando
Bought by
Tovar Jorge Armando
Current Estimated Value
$306,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Outstanding Balance
$66,703
Interest Rate
4.02%
Estimated Equity
$240,197

Purchase Details

Closed on
Jun 19, 2017
Sold by
Tovar Jorge Armando
Bought by
Tovar Jorge Armando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Outstanding Balance
$66,703
Interest Rate
4.02%
Estimated Equity
$240,197

Purchase Details

Listed on
Nov 27, 2016
Closed on
Jan 18, 2017
Sold by
Garcia Isidorol
Bought by
Tovar Jorge Armando
Seller's Agent
Luz Marquez
Inmobilia Realty
Buyer's Agent
Tom Barnett
Summus Realty
List Price
$139,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.71%
Original Mortgage
$80,000
Interest Rate
4.13%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tovar Jorge Armando -- None Available
Tovar Jorge Armando -- None Available
Tovar Jorge Armando -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tovar Jorge Armando $80,000
Closed Tovar Jorge Armando $80,000
Closed Tovar Jorge Armando $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2017 01/18/17 Sold -- -- --
11/29/2016 11/29/16 Pending -- -- --
11/27/2016 11/27/16 For Sale $139,500 -- $44 / 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 $6,728 $298,147 $31,899 $266,248
2024 $6,728 $263,419 $31,899 $231,520
2023 $5,975 $216,005 $17,336 $198,669
2022 $5,881 $198,687 $17,336 $181,351
2021 $4,421 $141,595 $17,336 $124,259
2020 $2,705 $88,024 $15,075 $72,949
2018 $2,466 $83,318 $15,075 $68,243
2017 $2,310 $81,995 $15,075 $66,920
2016 $2,526 $89,686 $15,075 $74,611
2015 $2,454 $89,686 $15,075 $74,611
2014 $2,454 $89,686 $15,075 $74,611
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Luz Marquez

    Inmobilia Realty

  • T

    Buyer's Agent in 2017

    Tom Barnett

    Summus Realty

See All Agents

Map

Source: Greater El Paso Association of REALTORS®

MLS Number: 711432

Greater El Paso Association of REALTORS®

APN: G686-999-1060-2200

Texas El Paso County El Paso 79930 Central

4015 Morehead Ave, El Paso, TX

Not Listed for Sale

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