NOT LISTED FOR SALE

Estimated Value: $279,000 - $388,925

8 Beds
8 Baths
3,458 Sq Ft
$95/Sq Ft Est. Value

Last Sold July 10, 2014

Current estimated payment $2,364/month

23 Days on Market

Highlights

  • Evaporated cooling system
  • Laundry Facilities
  • Heating System Uses Natural Gas
  • Terrazzo Flooring

About This Home

As of July 2014

This great 4 unit complex is designed to be a money maker. All separate metered and updated interiors have complemented the 100% occupancy rate running almost 2 years straight. Priced to supply the new owner with a 10% + cap rate, this gorgeous multifamily is ready for its next owner to take a little milk off this CASH COW.

Last Agent to Sell the Property

Brian Burds

Haggerty Company Listed on: 02/05/2014

Last Buyer's Agent

Juan Garcia

Home Pros Real Estate Group License #0615212

Home Pros Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,634

Year Built

  • Built in 1980

Lot Details

  • 6,970

Home Design

  • 3,458 Sq Ft Home
  • Quadruplex
  • Flat Roof Shape
  • Brick Exterior Construction

Flooring

  • Carpet
  • Terrazzo
  • Ceramic Tile

Parking

  • 6 Parking Spaces
  • Paved Parking

Schools

  • Fannin Elementary School
  • Charles Middle School
  • Andress High School

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Individual Gas Meter

Additional Features

  • Leased Washer and Dryer
  • 6,970 Sq Ft Lot

Community Details

  • 3 Units
  • Laundry Facilities
  • Gross Income $28,800

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number T11699901404300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,634

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1980
  • Co List Office Mls Id: 2300
  • Mobile Length: 1
  • Mobile Width: 4
  • Location Tax Legal:Zoning2: C1
  • Location Tax Legal:Elementary School: Fannin
  • Location Tax Legal:Middle School: Charles
  • Location Tax Legal:High School: Andress
  • Location Tax Legal:Apx Yearly Taxes: 4634.0
  • Location Tax Legal:Parcel ID: T11699901404300
  • General Property Info:Apx Acres2: 0.16
  • Flooring:Carpet: Yes
  • General Property Info:Apx SqFt LotLand2: 6840.0
  • General Property Info:Buildings Total: 1
  • General Property Info:Total Units: 4
  • General Property Info:Flood Zone3: No
  • General Property Info:Handicap Access: No
  • General Property Info:Lead Paint Discl: No
  • Metering:Individual Gas: Yes
  • Flooring:Ceramic Tile3: Yes
  • Cooling:Evaporative Cooling: Yes
  • Flooring:Terrazzo: Yes
  • Amenities:Laundry Community: Yes
  • Amenities:Laundry Equip - Leased: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Ceramic Tile, Carpet, Terrazzo

Exterior Features

  • Roof: Flat
  • Acres: 0.16
  • Construction Type: Brick Veneer
  • ConstructionSiding:Roof Flat: Yes
  • Construction:Brick Veneer: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Info:_pound_ Parking Spaces: 6
  • Parking:Paved: Yes

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Natural Gas
  • Utilities: All City
  • Green Building Features: Laundry Community, Laundry Equip - Leased
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Natural Gas2: Yes

Schools

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

Lot Info

  • Parcel Number: T11699901404300
  • Zoning: C1
  • Lot Size Sq Ft: 6969.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 28800.0

Tax Info

  • Tax Annual Amount: 4634.0

MLS Schools

  • Elementary School: Fannin
  • HighSchool: Andress

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2014
Closed on
Jul 1, 2014
Sold by
Arellano Jessie and Arellano Carmen
Bought by
Godinez Gonzalez Javier
Seller's Agent
Brian Burds
Haggerty Company
Buyer's Agent
Juan Garcia
Home Pros Real Estate Group
List Price
$190,000
Current Estimated Value
$328,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%
Original Mortgage
$126,000
Outstanding Balance
$44,033
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$266,099

Purchase Details

Closed on
Oct 1, 2005
Sold by
Deavila Jose
Bought by
Arellano Jessie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
8.65%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 28, 2003
Sold by
Humble Teresa Saavedra and Humble Michael J
Bought by
Deavila Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,500
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2001
Sold by
Gordon Norman J and Gordon Cheryl B
Bought by
Humble Teresa Saavedra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
6.77%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Godinez Gonzalez Javier -- None Available
Arellano Jessie -- --
Deavila Jose -- --
Humble Teresa Saavedra -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Godinez Gonzalez Javier $126,000
Previous Owner Arellano Jessie $123,500
Previous Owner Deavila Jose $104,500
Previous Owner Humble Teresa Saavedra $69,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2014 07/10/14 Sold -- -- --
02/28/2014 02/28/14 Pending -- -- --
02/05/2014 02/05/14 For Sale $190,000 -- $55 / 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
2025 $6,931 $347,667 $32,215 $315,452
2024 $6,931 $267,030 $32,215 $234,815
2023 $6,204 $224,293 $20,389 $203,904
2022 $6,519 $220,214 $20,389 $199,825
2021 $5,502 $176,233 $20,389 $155,844
2020 $4,869 $158,411 $11,081 $147,330
2018 $4,689 $158,411 $11,081 $147,330
2017 $4,381 $155,532 $11,081 $144,451
2016 $4,122 $146,340 $11,081 $135,259
2015 $4,004 $146,340 $11,081 $135,259
2014 $4,004 $146,340 $11,081 $135,259
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater El Paso Association of REALTORS®

MLS Number: 549637

Greater El Paso Association of REALTORS®

APN: T116-999-0140-4300