NOT LISTED FOR SALE

505 Mercado Ln Laredo, TX 78043

Estimated Value: $205,000 - $225,505

3 Beds
2 Baths
1,501 Sq Ft
$145/Sq Ft Est. Value

Last Sold February 15, 2019

Current estimated payment $1,202/month

170 Days on Market

Highlights

  • Attic
  • Walk-In Closet
  • Tile Flooring
  • Rear Porch
  • Tile Countertops
  • 1-Story Property

About This Home

As of February 2019

Newly renovated 3 bedroom, 2 bath home; open concept living area and completely fenced backyard! Ready to show at anytime.

Last Agent to Sell the Property

Cindy Cantu

Coldwell Banker Ana Ochoa & Co License #0533143 Listed on: 07/23/2018

Coldwell Banker Ana Ochoa & Co

Last Buyer's Agent

Nick Bravo

Texas Elite Realty Group License #0693162

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 4,500 Sq Ft Lot
  • Property is Fully Fenced
  • Wood Fence
  • Level Lot

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Composition Shingle Roof
  • Stucco

Interior Spaces

  • 1,501 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Tile Countertops
  • Washer and Dryer Hookup
  • Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Rear Porch

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Amenities: Walk-In Closet, Washer & Dryer Hookups
  • Estimated Age: 11-15
  • Class: Residential
  • Construction: Stucco
  • Electronic Features: Cable Tv Wiring
  • Features: Newly Decorated, Ceiling Fan(s)
  • L A Source: Webb Cad
  • Lvt Date: 07/23/2018
  • Master Bedroom Location: 1st Floor
  • Porch Deck Patio: Rear
  • Roof Age: 10-15 Years
  • Roof Type: Composition Shingle
  • Sold Price Sq Ft: 91
  • Style: 1 Story
  • Total Estimated L A Sq Ft: 1501
  • Type: Single Family Residential
  • Year Built: 2004
  • Zone: 05 E Of Ejido St., Between Hwy 359 And Southgate/Lomas Del Sur Blvd.
  • Geo Subdivision: TX
  • Price Per Sq Ft: 91.27
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Attic: Access Only
  • Floors: Tile
  • Kitchen Features: Tile Counter
  • Bedrooms: 3
  • Full Bathrooms: 2

Exterior Features

  • Fence: Completely Fenced, Wood
  • Foundation: Slab

Garage/Parking

  • Driveway: Concrete Drive

Utilities

  • Air Conditioner: Central Electric
  • Heating System: Central Electric
  • Sewer: Sewer Connection
  • Utilities: Underground Utilities
  • Water: Public Water
  • Water Heater: Electric

Lot Info

  • Lot Size Sq Ft: 4500
  • Topography: Level

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2018
Closed on
Feb 15, 2019
Sold by
Jshantex Llc
Bought by
Mendieta Juan G De Leon
Seller's Agent
Cindy Cantu
Coldwell Banker Ana Ochoa & Co
Buyer's Agent
Nick Bravo
Texas Elite Realty Group
List Price
$149,900
Current Estimated Value
$217,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%
Original Mortgage
$136,089
Outstanding Balance
$121,734
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$95,392

Purchase Details

Closed on
Apr 3, 2018
Sold by
Rios Jorge A
Bought by
Flagstar Bank Fsb

Purchase Details

Closed on
May 14, 2015
Sold by
Rawat Ravinder Singh
Bought by
Rios Jorge A and Rios Raquel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,645
Interest Rate
3.43%
Mortgage Type
FHA

Purchase Details

Closed on
May 18, 2011
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Rawat Ravinder Singh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,351
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2005
Sold by
Rjh Inc
Bought by
Castellanos Matilde Guzman and Guzman Blanca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,420
Interest Rate
8.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Mendieta Juan G De Leon -- None Available
Flagstar Bank Fsb $100,000 None Available
Rios Jorge A -- Stc
Rawat Ravinder Singh -- None Available
Castellanos Matilde Guzman -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendieta Juan G De Leon $136,089
Previous Owner Rios Jorge A $127,645
Previous Owner Rawat Ravinder Singh $63,351
Previous Owner Castellanos Matilde Guzman $96,420
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2019 02/15/19 Sold -- -- --
01/09/2019 01/09/19 Pending -- -- --
10/11/2018 10/11/18 Price Changed $137,900 -4.9% $92 / Sq Ft
08/30/2018 08/30/18 Price Changed $145,000 -3.3% $97 / Sq Ft
07/23/2018 07/23/18 For Sale $149,900 -- $100 / Sq Ft
Source: Laredo 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 $932 $188,454 $44,910 $143,544
2024 $932 $183,554 $44,910 $138,644
2023 $3,529 $174,354 $43,515 $130,839
2022 $3,828 $165,476 $43,515 $121,961
2021 $3,690 $140,997 $28,922 $112,075
2020 $3,561 $135,870 $28,940 $106,930
2019 $3,661 $137,080 $28,940 $108,140
2018 $3,603 $132,860 $24,260 $108,600
2017 $3,338 $124,750 $24,260 $100,490
2016 $3,247 $121,320 $20,750 $100,570
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Cindy Cantu

    Coldwell Banker Ana Ochoa & Co

    (956) 235-7542

    17 Total Sales

    Cindy Cantu
    Section Image

  • N

    Buyer's Agent in 2019

    Nick Bravo

    Texas Elite Realty Group

    (956) 206-4274

    Nick Bravo
    Section Image
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Map

Source: Laredo Association of REALTORS®

MLS Number: 20182445

Laredo Association of REALTORS®

APN: 305284

Texas Webb County Laredo 78043

505 Mercado Ln, Laredo, TX

Not Listed for Sale

Detached

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