NOT LISTED FOR SALE

500 Jay Ave McAllen, TX 78504

Estimated Value: $778,000

0.45 Acre
$1,713,279 Price per Acre
19,781 Sq Ft Lot

Last Sold September 30, 2020

Current estimated payment $4,688/month

81 Days on Market

About This Lot

As of September 2020

Great location to build your dream home inside this prime location & private gated community. Accessible to north McAllen finest schools, shopping and dining.

Last Agent to Sell the Property

Adalberto Arguelles

Coldwell Banker La Mansion Listed on: 05/25/2020

Coldwell Banker La Mansion

Last Buyer's Agent

Adalberto Arguelles

Coldwell Banker La Mansion Listed on: 05/25/2020

Coldwell Banker La Mansion

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,121

Lot Details

  • 0.45 Acre Lot

HOA Fees

  • $167 Monthly HOA Fees

Schools

  • Gonzalez Elementary School
  • Cathey Middle School
  • Memorial High School

Listing and Financial Details

  • Assessor Parcel Number N107000003000B00

Community Details

Overview

  • Nerea HOA
  • Nerea Estates #3 Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$4,121

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Directions: Off 6th street, just North of Tuscany Estates
  • Property Sub Type: Residential Lot
  • Prop. Type: Land
  • Lot Size Acres: 0.4541
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Nerea Estates #3
  • GMAR_GeocodeConfidence: Unknown
  • GMAR_LicensedSupervisor: BETTY GARZA
  • Non-Allowables: No
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

  • Fencing: None
  • Home Warranty: No

Utilities

  • Utilities: Electricity Connected, Water Connected, Sewer Connected
  • Electricity On Property: Yes
  • Sewer: City Sewer
  • Water Source: Public, City
  • Water Comments: none

Condo/Co-op/Association

  • Community Features: Curbs, Gated, Sidewalks, Street Lights
  • Association Fee: 2000
  • Association Fee Frequency: Annually
  • Association Name: Nerea HOA
  • Association: Yes

Schools

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

Lot Info

  • Zoning: R
  • Current Use: Single Family
  • Lot Size Sq Ft: 19781.9028
  • Parcel #: N107000003000B00
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Leased Rent Share: 0

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4121

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2020
Closed on
Sep 28, 2020
Sold by
Lopez Charles and Lopez Angela
Bought by
Gonzalez Sergio E and Gonzalez Cynthia Jean
Seller's Agent
Adalberto Arguelles
Coldwell Banker La Mansion
Buyer's Agent
Adalberto Arguelles
Coldwell Banker La Mansion
List Price
$235,000
Current Estimated Value
$778,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.49%
Original Mortgage
$150,000
Outstanding Balance
$2,682
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$775,318

Purchase Details

Listed on
Sep 16, 2019
Closed on
Sep 30, 2019
Sold by
Orendain Abel A and Orendain Lillian
Bought by
Lopez Charles and Lopez Angela
Seller's Agent
Christopher Garcia
Icon Realty Stx
Buyer's Agent
Adalberto Arguelles
Coldwell Banker La Mansion
List Price
$220,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.38%

Purchase Details

Listed on
Jan 22, 2018
Closed on
Jun 22, 2018
Sold by
Linsangan Linette C
Bought by
Orendain Abel A and Orendain Lillian
Seller's Agent
Charles Marina
First American Realty Company
List Price
$219,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.12%
Original Mortgage
$100,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2017
Sold by
L & L Property Holdings Llc
Bought by
Linsangan Linette C

Purchase Details

Closed on
Feb 16, 2007
Sold by
Nerea Development Lp
Bought by
L & L Property Holdings Llc
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
Gonzalez Sergio E -- Sierra Title
Lopez Charles -- Edwards Abstract And Ttl Co
Orendain Abel A -- Corporation Service Company
Linsangan Linette C -- None Available
Linsangan Linette C -- None Available
L & L Property Holdings Llc -- Security Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Sergio E $150,000
Previous Owner Orendain Abel A $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2020 09/30/20 Sold -- -- --
08/14/2020 08/14/20 Pending -- -- --
08/05/2020 08/05/20 Price Changed $229,000 -2.6% --
05/25/2020 05/25/20 For Sale $235,000 +6.8% --
09/30/2019 09/30/19 Sold -- -- -- View Prior Sale
09/19/2019 09/19/19 Pending -- -- --
09/14/2019 09/14/19 For Sale $220,000 +0.2% --
06/29/2018 06/29/18 Sold -- -- -- View Prior Sale
05/21/2018 05/21/18 Pending -- -- --
01/22/2018 01/22/18 For Sale $219,500 -- --
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 $5,910 $261,263 $251,231 $10,032
2024 $5,910 $251,231 $251,231 --
2023 $5,818 $247,275 $247,275 $0
2022 $4,783 $192,875 $192,875 $0
2021 $4,927 $192,875 $192,875 $0
2020 $5,324 $208,700 $208,700 $0
2019 $4,566 $180,000 $180,000 $0
2018 $4,121 $162,212 $162,212 $0
2017 $4,137 $162,212 $162,212 $0
2016 $4,137 $162,212 $162,212 $0
2015 $4,155 $162,212 $162,212 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 333990

Greater McAllen Association of REALTORS®

APN: N1070-00-003-000B-00