$160,000
SOLD JAN 27, 2025
Last list price

500 S B Ave Kermit, TX 79745

3 Beds
2 Baths
1,494 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$107 Per Sq Ft

167 Days on Market

Highlights

  • Corner Lot
  • Formal Dining Room
  • Cooling Available
  • No HOA
  • Brick Veneer
  • Low Maintenance Yard

About This Home

As of January 2025

Great Investment Opportunity! 3-bedroom, 2-bath home in Kermit, Texas, offers incredible potential with a little TLC. Conveniently located near the Jr. High and High School, this property features an RV hookup with a pad, a covered carport, two additional apartments, and a fully fenced yard. The metal roof adds durability and charm. Being sold "as is", this bank-owned property requires a cash sale, but the seller is open to all reasonable offers. Whether you're seeking a fix-and-flip project.

Last Agent to Sell the Property

Yvonne Rosas, REALTOR, GRI

eXp Realty LLC License #0716775 Listed on: 07/26/2024

eXp Realty LLC

Last Buyer's Agent

Maria Mendoza

eXp Realty LLC License #0818725

eXp Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,580

Year Built

  • Built in 1970

Lot Details

  • 7,841 Sq Ft Lot
  • Corner Lot
  • Low Maintenance Yard

Parking

  • Carport

Home Design

  • Brick Veneer
  • Pillar, Post or Pier Foundation
  • Metal Roof

Interior Spaces

  • 1,494 Sq Ft Home
  • Ceiling Fan
  • Formal Dining Room
  • Laminate Flooring
  • Laundry in Utility Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage

Schools

  • Kermit Elementary And Middle School
  • Kermit High School

Utilities

  • Cooling Available
  • No Heating
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Walton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4320.0004.0001000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,580

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7840.8
  • Road Surface Type: Paved
  • Subdivision Name: Walton
  • Directions: E. Jim Sharp Blvd. Turn on S Ave. D, Left on E. Campbell, Left on S ave B. House is on the corner of S ave B and E Campbell
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Ceiling Fan(s), Other - See Remarks
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Other Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate
  • Living Area: 1494
  • Dining Room Features: Separate Formal, Kitchen
  • Master Bathroom Features: None

Exterior Features

  • Lot Features: Alley Access, Corner Lot, Low Maintenance, City Acreage
  • Home Warranty: No
  • Construction Type: Brick Veneer
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Storage
  • Property Condition: Pre-Owned
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport

Utilities

  • Laundry Features: Inside Utility Room
  • Cooling: None, Other - See Remarks
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Kermit
  • Junior High Dist: KISD
  • High School: Kermit
  • Middle Or Junior School: Kermit

Green Features

Lot Info

  • Parcel #: 4320.0004.0001000
  • ResoLotSizeUnits: SquareFeet

Multi Family

Tax Info

  • Tax Annual Amount: 1580.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Jan 28, 2025
Sold by
Wbl Spo Ii Llc
Bought by
Miller Kyle Bolton
Seller's Agent
Yvonne Rosas, REALTOR, GRI
eXp Realty LLC
Buyer's Agent
Maria Mendoza
eXp Realty LLC
List Price
$160,000
Views
116
Current Estimated Value
$143,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.28%

Purchase Details

Closed on
Jul 5, 2022
Sold by
Shelley Nail
Bought by
Tres Diamantes Investments Inc

Purchase Details

Closed on
Apr 25, 2019
Sold by
Muniz Maria G and Muniz Jesus R
Bought by
Tres Diamantes Investments Inc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Trustee Deed $100,000 None Listed On Document
Trustee Deed $105,000 None Listed On Document
Grant Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2025 01/27/25 Sold -- -- --
01/10/2025 01/10/25 Pending -- -- --
10/02/2024 10/02/24 For Sale $160,000 0.0% $107 / Sq Ft
09/03/2024 09/03/24 Pending -- -- --
07/26/2024 07/26/24 For Sale $160,000 -- $107 / Sq Ft
Source: Odessa Board 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 $1,657 $80,200 $1,800 $78,400
2023 $1,605 $80,200 $1,800 $78,400
2022 $1,675 $85,030 $1,800 $83,230
2021 $1,927 $82,600 $1,800 $80,800
2020 $1,574 $68,840 $1,500 $67,340
2019 $2,166 $68,840 $1,500 $67,340
2018 $1,779 $62,710 $1,500 $61,210
2017 $1,281 $52,510 $1,500 $51,010
2016 -- $48,360 $1,500 $46,860
2015 -- $48,360 $1,500 $46,860
2014 -- $38,500 $1,500 $37,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Odessa Board of REALTORS®

MLS Number: 153188

APN: 4320-0004-0001000