NOT LISTED FOR SALE

408 E Estes Ave Midland, TX 79701

Estimated Value: $73,000 - $217,000

3 Beds
2 Baths
960 Sq Ft
$167/Sq Ft Est. Value

Last Sold November 07, 2024

Current estimated payment $1,006/month

24 Days on Market

Highlights

  • Traditional Architecture
  • Covered Patio or Porch
  • Laundry in Utility Room
  • Corner Lot
  • Eat-In Kitchen
  • 1-Story Property

About This Home

As of November 2024

**SELLER HAS PRELIMINARILY ACCEPTED AN OFFER. STATUS WILL BE UPDATED ONCE EXECUTED.** Investment opportunity. 3 bedroom, 2 bath home with covered front porch on a corner lot that is close to schools and commute. Needs some love but you can see the potential. Sold strictly as is. Buyer to verify all property information. This property is subject to the Freddie Mac First Look Initiative. First Look limits offers to owner occupants and non-profit buyers only during the first 20 days of listing. Investor offers will be responded to after First Look expires on 10-15-21.

Last Agent to Sell the Property

Greg Graham

Graham & Co Realty Group Brokerage Phone: 469-916-0030 License #0500704 Listed on: 09/23/2024

Last Buyer's Agent

Non-NTREIS MLS Licensee

NON MLS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 7,144 Sq Ft Lot
  • Chain Link Fence
  • Corner Lot

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Eat-In Kitchen
  • Laundry in Utility Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Alley Access
  • Outside Parking

Schools

  • Santa Rita Elementary School
  • San Jacinto Middle School
  • Midland High School

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • Moran Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 4
  • Assessor Parcel Number R000033044
  • $2,406 per year unexempt tax

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structural Style: Single Detached
  • Unit Levels: One
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Attribution Contact: 469-916-0030
  • Special Features: None

Interior Features

  • Square Footage: 960.00
  • Fireplace Features: None
  • Interior Amenities: Eat-in Kitchen
  • Flooring: Other
  • Appliances: None
  • Basement YN: No
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 2

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Fencing: Chain Link
  • Roof: Composition
  • Construction Materials: Frame
  • Exterior Features: Covered Patio/Porch
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Parking Features: Alley Access, No Garage, Outside
  • GarageYN: No

Utilities

  • Heating: Central, Electric
  • LaundryFeatures: Utility Room
  • Utilities: City Sewer, City Water, Curbs, Sidewalk

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Midland ISD
  • Elementary School: Santa Rita
  • Junior High School: San Jacinto

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Corner Lot, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 0.1640
  • Parcel Number: R000033044
  • Lot Size Acres: 0.1640
  • Lot Size Sq Ft: 7143.8400

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1949

Tax Info

  • Unexempt Taxes: 2406
  • TaxBlock: 4
  • Tax Lot: 1

MLS Schools

  • Elementary School Name: Santa Rita
  • High School Name: Midland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2024
Closed on
Oct 25, 2024
Sold by
Freddie Mac Seasoned Loans Structured Tr and Federal Home Loan Mortgage Corporation
Bought by
Arango Amber
Seller's Agent
Greg Graham
Graham & Co Realty Group
Buyer's Agent
Non-NTREIS MLS Licensee
NON MLS
List Price
$52,000
Views
6
Current Estimated Value
$160,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
164.35%

Purchase Details

Closed on
Apr 19, 2024
Sold by
Nail Shelley
Bought by
Struct Freddie Mac Seasoned Ln and Federal Home Loan Mtg Corp

Purchase Details

Closed on
Jun 12, 2014
Sold by
Ruiz Joaquina
Bought by
Ruiz Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,888
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2011
Sold by
Reyes Jesse H
Bought by
Ruiz Jorge

Purchase Details

Closed on
Jun 11, 2010
Sold by
Reyes Jesus Heredia and Reyes Maria H
Bought by
Reyes Jesse H

Purchase Details

Closed on
Sep 11, 1961
Bought by
Ruiz Jorge
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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Purchase History

Date Buyer Sale Price Title Company
Arango Amber -- None Listed On Document
Struct Freddie Mac Seasoned Ln -- None Listed On Document
Ruiz Jorge -- Lone Star Abstract & Title C
Ruiz Jorge -- --
Reyes Jesse H -- None Available
Ruiz Jorge -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ruiz Jorge $82,888
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2024 11/07/24 Sold -- -- --
10/18/2024 10/18/24 Pending -- -- --
09/23/2024 09/23/24 For Sale $52,000 -- $54 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

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 $2,094 $137,900 $14,250 $123,650
2024 $2,318 $162,860 $14,250 $148,610
2023 $2,406 $160,550 $14,250 $146,300
2022 $2,280 $145,900 $14,250 $131,650
2021 $3,443 $197,640 $14,250 $183,390
2019 $2,211 $116,780 $14,250 $102,530
2018 $2,039 $104,870 $14,250 $90,620
2017 $1,779 $91,520 $14,250 $77,270
2016 $1,624 $83,390 $14,250 $69,140
2015 -- $79,930 $14,250 $65,680
2014 -- $46,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Greg Graham

    Seller's Agent in 2024

    Greg Graham

    Graham & Co Realty Group

    (469) 916-0030

    389 Total Sales

    Greg Graham
    Section Image

  • N

    Buyer's Agent in 2024

    Non-NTREIS MLS Licensee

    NON MLS

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20736467

North Texas Real Estate Information Systems (NTREIS)

APN: R000033-044

Texas Midland County Midland 79701

408 E Estes Ave, Midland, TX

Not Listed for Sale

Detached

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