NOT LISTED FOR SALE

4424 La Luz Ave Unit A & B El Paso, TX 79903

Austin Terrace Neighborhood

Estimated Value: $193,934 - $266,000

-- Bed
2 Baths
1,928 Sq Ft
$118/Sq Ft Est. Value

Last Sold August 08, 2018

Current estimated payment $1,546/month

149 Days on Market

Highlights

  • Evaporated cooling system
  • Guest Parking
  • Ceiling Fan
  • Tile Flooring
  • Forced Air Heating System
  • Washer and Dryer

About This Home

As of August 2018

Price reduced for a quicker sale. This is a great investment opportunity in central El Paso. Investors, this duplex is available featuring two units with 2 beds and 1 bath that can rent for $700 each. Side A is rented for $700 with a lease through July. Side B is rented on a month to month basis at $500, but the unit can rent for $700. Units have separate electric and gas meters, but only one water meter. Each unit has its own laundry room and offers plenty of parking for both sides of the unit. The building has been recently renovated. This is the perfect income generating home.

Last Agent to Sell the Property

Carlos Almanza

Summus Realty License #0676267 Listed on: 01/19/2018

Last Buyer's Agent

Andy Barreiro

ERA Sellers & Buyers Real Esta License #0561905

ERA Sellers & Buyers Real Esta

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,011

Year Built

  • Built in 1983

Lot Details

  • 3,500 Sq Ft Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 1,928 Sq Ft Home
  • Ceiling Fan
  • Washer and Dryer

Kitchen

  • Free-Standing Gas Oven
  • Dishwasher

Flooring

  • Carpet
  • Tile

Parking

  • 4 Parking Spaces
  • Over 1 Space Per Unit
  • Paved Parking
  • Guest Parking

Schools

  • Hillside Elementary School
  • Ross Middle School
  • Burges High School

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Individual Gas Meter
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number G56999909506900

Community Details

Overview

  • 2 Units
  • Government Hill Subdivision

Building Details

  • Utility Expense $900
  • Gross Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,011

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1983
  • Co List Office Mls Id: 968
  • Subdivision Name: Government Hill
  • Mobile Length: 1
  • Mobile Width: 2
  • Location Tax Legal:Zoning2: R1
  • Location Tax Legal:Elementary School: Hillside
  • Location Tax Legal:Middle School: Ross
  • Location Tax Legal:High School: Burges
  • Location Tax Legal:Apx Yearly Taxes: 3011.0
  • Location Tax Legal:Tax Year2: 2017
  • Location Tax Legal:Parcel ID: G56999909506900
  • General Property Info:Apx Acres2: 0.08
  • Flooring:Carpet: Yes
  • Flooring:Tile2: Yes
  • General Property Info:Apx SqFt LotLand2: 3500.0
  • General Property Info:Buildings Total: 1
  • General Property Info:Total Units: 2
  • General Property Info:Flood Zone3: No
  • General Property Info:Handicap Access: No
  • General Property Info:Lead Paint Discl: No
  • Amenities:WasherDryer HU In Unit: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Washer Hookup2: Yes
  • Metering:Individual Gas: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Evaporative Cooling: Yes
  • Rental Info:Month To Month: Yes
  • Appliances Included:Free-Standing Gas Oven2: Yes
  • Utilities:Cable Available: Yes
  • Appliances Included:Dryer Hookup2: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Appliances Included:Refrigerator2: Yes
  • Carpet:All Bedrooms: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.08
  • Construction Type: Stucco
  • Construction:Stucco2: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:_pound_ Parking Spaces: 4
  • Parking:_two_ Spaces per Unit: Yes
  • Parking:Paved: Yes
  • Parking:Guest: Yes

Utilities

  • Cooling: Ceiling Fan(s), Evaporative Cooling
  • Heating: Central, Forced Air
  • Utilities: Cable Available
  • Green Building Features: Washer/Dryer H/U In Unit
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Forced Air: Yes

Schools

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

Lot Info

  • Parcel Number: G56999909506900
  • Zoning: R1
  • Lot Size Sq Ft: 3500.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Year: 2017
  • Tax Annual Amount: 3011.0

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 14400.0

MLS Schools

  • Elementary School: Hillside
  • HighSchool: Burges

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2022
Sold by
Ordonez Group Llc
Bought by
Gutierrez Mario A
Current Estimated Value
$227,734

Purchase Details

Listed on
Jan 19, 2018
Closed on
Aug 8, 2018
Sold by
Gutierrez Joe Robert and Gutierrez Monica Cuellar
Bought by
Melendez Iris Ruby and Melendez Joe
Seller's Agent
Carlos Almanza
Summus Realty
Buyer's Agent
Andy Barreiro
ERA Sellers & Buyers Real Esta
List Price
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.15%
Original Mortgage
$108,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 29, 2014
Closed on
Jun 5, 2015
Sold by
Kaplan S Mortgage Company Llc
Bought by
Gutierrez Joe Robert and Gutierrez Monica Cuellar
Seller's Agent
George Jabali
El Paso United Realty
Buyer's Agent
George Jabali
El Paso United Realty
List Price
$118,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.12%
Original Mortgage
$119,500
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 2007
Sold by
Diaz Daniel
Bought by
Diaz Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,500
Interest Rate
6.16%
Mortgage Type
Unknown
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
Gutierrez Mario A -- Gutierrez Mario A
Melendez Iris Ruby -- None Available
Gutierrez Joe Robert -- None Available
Diaz Carmen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Melendez Iris Ruby $108,000
Previous Owner Gutierrez Joe Robert $119,500
Previous Owner Diaz Carmen $49,900
Previous Owner Diaz Carmen $19,500
Previous Owner Diaz Carmen $19,500
Closed Diaz Carmen $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2018 08/08/18 Sold -- -- --
06/17/2018 06/17/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $140,000 0.0% $73 / Sq Ft
02/14/2018 02/14/18 Pending -- -- --
02/07/2018 02/07/18 Price Changed $140,000 -12.5% $73 / Sq Ft
01/19/2018 01/19/18 For Sale $160,000 +34.7% $83 / Sq Ft
06/09/2015 06/09/15 Sold -- -- --
06/09/2015 06/09/15 Pending -- -- --
12/29/2014 12/29/14 For Sale $118,800 -- $62 / 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
2024 $3,656 $140,841 $17,035 $123,806
2023 $3,929 $142,042 $10,920 $131,122
2022 $4,708 $159,029 $10,920 $148,109
2021 $3,566 $114,212 $10,920 $103,292
2020 $3,365 $109,470 $8,400 $101,070
2018 $3,067 $103,620 $8,400 $95,220
2017 $2,866 $101,745 $8,400 $93,345
2016 $2,866 $101,745 $8,400 $93,345
2015 $2,784 $101,745 $8,400 $93,345
2014 $2,784 $101,745 $8,400 $93,345
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Carlos Almanza

    Summus Realty

  • Andy Barreiro

    Buyer's Agent in 2018

    Andy Barreiro

    ERA Sellers & Buyers Real Esta

    (915) 478-0046

    47 Total Sales

    Section Image
  • George Jabali

    Seller's Agent in 2015

    George Jabali

    El Paso United Realty

    (915) 581-5959

    18 Total Sales

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Map

Source: Greater El Paso Association of REALTORS®

MLS Number: 739224

Greater El Paso Association of REALTORS®

APN: G569-999-0950-6900

Texas El Paso County El Paso 79903 Austin Terrace

4424 La Luz Ave Unit A & B, El Paso, TX

This home is located at 4424 La Luz Ave Unit A & B, El Paso, TX 79903 since 19 January 2018 and is currently estimated at $227,734, approximately $118 per square foot. This property was built in 1983. 4424 La Luz Ave Unit A & B is a home located in El Paso County with nearby schools including Hillside Elementary School, Ross Middle School, and Burges High School.

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