NOT LISTED FOR SALE

505 Mercado Ln Laredo, TX 78043

Laredo Area

Estimated Value: $193,000 - $230,822

3 Beds
2 Baths
1,501 Sq Ft
$144/Sq Ft Est. Value

Sale Details

Date Sold: February 15, 2019

Current estimated payment $1,292 / mo

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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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

4,500 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2018
Closed on
Feb 15, 2019
Sold by
Jshantex Llc
Bought by
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
$218,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.20%
Original Mortgage
$136,089
Outstanding Balance
$119,988
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$96,218

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

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $954 $194,199 $44,910 $149,289
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
2015 -- $119,160 $18,590 $100,570
2014 -- $111,120 $16,840 $94,280
Source: Public Records

Agents Affiliated with this Home

  • Cindy Cantu Real Estate Agent - Coldwell Banker Ana Ochoa & Co

    Seller's Agent in 2019

    Cindy Cantu

    Coldwell Banker Ana Ochoa & Co

    (956) 235-7542

    17 Total Sales

    Cindy Cantu
    Section Image

  • NB

    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

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Laredo Association of REALTORS® © 2026 Laredo Multiple Listing Service. Information is deemed to be reliable but not guaranteed. Information is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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