NOT LISTED FOR SALE

7203 N Mile 2 1/2 W Mercedes, TX 78570

Estimated Value: $166,000 - $200,000

3 Beds
1 Bath
1,332 Sq Ft
$139/Sq Ft Est. Value

About This Home

This home is located at 7203 N Mile 2 1/2 W, Mercedes, TX 78570 and is currently estimated at $185,110, approximately $138 per square foot. 7203 N Mile 2 1/2 W is a home located in Hidalgo County with nearby schools including Pfc Mario Ybarra Elementary School, Mary Hoge Middle School, and Weslaco East High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2019
Sold by
Hernandez Yesenia and Hernandez Jose Angel
Bought by
Ortega Maria Valdez
Current Estimated Value
$185,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,134
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 29, 2012
Sold by
Hernandez Yesenia
Bought by
Hernandez Jose Angel

Purchase Details

Closed on
Dec 1, 2011
Sold by
Vida Properties Llc
Bought by
Hernandez Yesenia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
4.13%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 6, 2011
Sold by
Ruiz Guadalupe
Bought by
Vida Properties Llc

Purchase Details

Closed on
Jan 9, 2008
Sold by
Vida Properties Llc
Bought by
Ruiz Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.07%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 4, 2006
Sold by
Ruiz Daniel and Cielo Azul Partnership
Bought by
Vida Properties Llc

Purchase Details

Closed on
Mar 2, 1998
Sold by
Melgoza Jesus and Melgoza Leticia
Bought by
Cielo Azul Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,500
Interest Rate
7.13%

Purchase Details

Closed on
Jul 2, 1997
Sold by
Cielo Azul Partnership
Bought by
Melgoza Jesus and Melgoza Leticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,500
Interest Rate
7.2%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Ortega Maria Valdez -- Edwards Abstract
Hernandez Jose Angel -- None Available
Hernandez Yesenia -- None Available
Vida Properties Llc $29,015 None Available
Ruiz Guadalupe -- None Available
Vida Properties Llc $10,000 None Available
Cielo Azul Partnership -- --
Melgoza Jesus -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortega Maria Valdez $102,525
Closed Ortega Maria Valdez $101,134
Previous Owner Hernandez Jose A $60,000
Previous Owner Hernandez Yesenia $44,000
Previous Owner Ruiz Guadalupe $30,000
Previous Owner Cielo Azul Partnership $13,500
Previous Owner Melgoza Jesus $13,500
Source: Public Records

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 $841 $132,847 -- --
2023 $2,243 $120,770 $0 $0
2022 $2,066 $109,791 $0 $0
2021 $1,919 $99,810 $29,400 $70,410
2020 $1,828 $91,807 $29,400 $62,407
2019 $1,391 $66,817 $29,400 $37,417
2018 $1,415 $67,831 $29,400 $38,431
2017 $1,431 $68,844 $29,400 $39,444
2016 $1,252 $60,226 $27,300 $32,926
2015 $1,336 $61,098 $27,300 $33,798
Source: Public Records

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