NOT LISTED FOR SALE

714 S Logan Dr Unit 1-4 Edinburg, TX 78539

Estimated Value: $389,000 - $430,000

-- Bed
8 Baths
5,452 Sq Ft
$75/Sq Ft Est. Value

Last Sold June 15, 2017

Current estimated payment $2,929/month

44 Days on Market

Highlights

  • 8 Car Attached Garage
  • Patio
  • Central Heating and Cooling System
  • Trevino Elementary School Rated A-
  • Tile Flooring
  • Ceiling Fan

About This Home

As of June 2017

GREAT INVESTMENT OPPORTUNITY WITH EXCELLENT RENTAL HISTORY. 2 BEDROOM 2 BATHROOM UNITS WITH COVERED PARKING. CARAMIC TILE FLOORS THROUGHOUT. VAULTED CEILINGS FENCED BACK PATIO. INCLUDES ALL ALLIANCES WITH WASHER AND DRYER.

Last Agent to Sell the Property

Nancy Ochoa

Ep Marquis Realty Inc. Listed on: 03/01/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,009

Year Built

  • Built in 2005

Lot Details

  • 0.25

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 8 Car Attached Garage
  • No Garage
  • Rear-Facing Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 5,452 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector
  • Stove

Laundry

  • Dryer
  • Washer

Schools

  • Trevino Elementary School
  • Longoria Middle School
  • Vela High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Patio
  • 0.25 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number S543500000002500

Community Details

Overview

  • 5 Units
  • Sprague Landing Subdivision

Building Details

  • Gross Income $2,675

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,009

Year Built

Built in 2005

Lot Details

0

HOA Fees

$58 per month

Parking

8

Listing Details

  • Directions: From 10th Street & Trenton, North on 10th, East on Sprague, North on Logan
  • Year Built: 2005
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.25
  • Road Surface Type: Paved
  • Subdivision Name: Sprague Landing
  • Garage Yn: Yes
  • New Construction: No
  • Efficiency: None
  • Building Stories: 1
  • GMAR_GeocodeConfidence: Unknown
  • Availability: Immediate
  • GMAR_Escrow: 5000
  • GMAR_LicensedSupervisor: Yvonne Laijas
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
  • Flooring: Tile
  • Living Area: 5452

Exterior Features

  • Interior Amenities: Ceiling Fan(s)
  • Fencing: None
  • Lot Features: Sidewalks
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 8
  • Attached Garage: Yes
  • Covered Parking Spaces: 8
  • Parking Features: Attached, No Garage, Garage Faces Rear
  • Total Parking Spaces: 8

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association Fee: 700
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Trevino
  • High School: Vela H.S.
  • Junior High Dist: Edinburg ISD
  • Middle Or Junior School: Longoria

Lot Info

  • Lot Size Sq Ft: 10890
  • Parcel #: S543500000002500
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 7009

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 4
  • Annual Gross Income: 2675

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2017
Closed on
Jun 15, 2017
Sold by
Flores Carolina Berument and Flores Macro Antonio
Bought by
Lexngton Circle Llc
Seller's Agent
Nancy Ochoa
Ep Marquis Realty Inc.
List Price
$255,000
Current Estimated Value
$409,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.73%
Original Mortgage
$204,000
Outstanding Balance
$57,042
Interest Rate
4.02%
Mortgage Type
Commercial
Estimated Equity
$495,958

Purchase Details

Closed on
Jan 16, 2007
Sold by
Guerrero Investments Llc
Bought by
Berumen Carolina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
6.11%
Mortgage Type
Commercial

Purchase Details

Closed on
May 31, 2005
Sold by
Bbb & J Investments Ltd
Bought by
Guerrero Investments Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
5.79%
Mortgage Type
Commercial
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
Lexngton Circle Llc -- Edwards Abstract Title
Berumen Carolina -- San Jacinto Title Services
Guerrero Investments Lc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lexngton Circle Llc $204,000
Previous Owner Berumen Carolina $127,800
Previous Owner Berumen Carolina $131,000
Previous Owner Guerrero Investments Lc $123,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2017 06/15/17 Sold -- -- --
04/14/2017 04/14/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $255,000 -- $47 / Sq Ft
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
2024 $7,684 $320,000 $82,763 $237,237
2023 $7,318 $305,000 $71,176 $233,824
2022 $7,421 $285,000 $71,176 $213,824
2021 $7,218 $266,548 $71,176 $195,372
2020 $6,726 $247,200 $71,176 $176,024
2019 $6,665 $240,000 $71,176 $168,824
2018 $6,682 $240,000 $71,176 $168,824
2017 $6,615 $236,752 $58,486 $178,266
2016 $5,476 $196,001 $58,486 $137,515
2015 $5,306 $188,546 $58,486 $130,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 204709

Greater McAllen Association of REALTORS®

APN: S5435-00-000-0025-00