NOT LISTED FOR SALE

7860 Palma de Micharos Dr Brownsville, TX 78521

South Point Neighborhood

Estimated Value: $150,000 - $220,000

3 Beds
2 Baths
1,238 Sq Ft
$154/Sq Ft Est. Value

Last Sold March 23, 2022

Current estimated payment $1,308/month

119 Days on Market

Highlights

  • New Construction
  • Laundry Room
  • 1-Story Property
  • Double Pane Windows
  • Tile Flooring
  • Central Heating

About This Home

As of March 2022

NEW CONSTRUCTION! MODERN 3 BEDROOM AND 2 BATH

Last Agent to Sell the Property

Martha Arriaga

Keller Williams LRGV - X License #0711341 Listed on: 08/17/2021

Keller Williams LRGV - X

Last Buyer's Agent

Gilberto J. Guerra

EXP Realty, LLC License #0714021

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,470

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50 x 100

Home Design

  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,238 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Palm Grove Elementary School
  • Besteiro Middle School
  • Lopez High School

Utilities

  • Central Heating
  • Thermostat
  • Electric Water Heater

Community Details

  • Palmetto Grove Phase Ii Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 7728620090033000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,470

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Directions: SOUTHMOST BLVD. PAST PALM GROVE ELEMENTRY SCHOOL, TURN RIGHT ON DATE DR. GO STRAIGHT THEN TURN LEFT ON EL CAMPO RD., TURN RIGHT ON PALMA DE MICHAROS,
  • Flooring: Tile
  • Interior Amenities: Ceiling Fan(s)
  • Roof: Composition
  • Year Built: 2021
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • Reso Fencing: None
  • ResoLaundryFeatures: Room
  • ResoLotFeatures: None
  • Lot Size Acres: 0.011
  • Road Surface Type: Paved
  • Co List Office Phone: 956-544-6777
  • MLS Status: Sold
  • Subdivision Name: Palmetto Grove Phase Ii
  • Reso Accessibility Features: No Handicap Access
  • Carport Y N: No
  • Unit Levels: One
  • New Construction: Yes
  • Efficiency: Thermostat
  • ResoPropertyCondition: New Construction
  • Reso Window Features: Double Pane Windows
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Electric Water Heater, Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Master Bedroom Features: None
  • Room Living Room Area: 1
  • Room Dining Room Area: 1

Exterior Features

  • Exterior Features: None
  • Pool Features: None
  • Home Warranty: Yes
  • Construction Type: Stucco
  • Foundation Details: Slab

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Electric
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: Palm Grove
  • High School: Lopez
  • Junior High Dist: Brownsville I.S.D.
  • Middle Or Junior School: Besteiro

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 5000
  • ResoLotSizeUnits: Square Feet
  • Mobile Dim Units: Feet
  • Parcel Number: 7728620090033000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2021
Closed on
Mar 21, 2022
Sold by
Margarita Ramirez Silvia
Bought by
Tovar Magaly and Delgado Hugo Steve
Seller's Agent
Martha Arriaga
Keller Williams LRGV - X
Buyer's Agent
Gilberto J. Guerra
EXP Realty, LLC
List Price
$162,500
Current Estimated Value
$191,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.45%
Original Mortgage
$168,884
Outstanding Balance
$159,834
Interest Rate
4.16%
Mortgage Type
FHA
Estimated Equity
$16,444

Purchase Details

Closed on
Jul 31, 2020
Sold by
Palm Grove Inc
Bought by
Mdm Construction

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,000
Interest Rate
3.1%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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
Tovar Magaly -- Simplifile
Mdm Construction -- Edwards Abstract And Ttl Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tovar Magaly $168,884
Previous Owner Mdm Construction $22,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2022 03/23/22 Sold -- -- --
12/14/2021 12/14/21 Pending -- -- --
08/27/2021 08/27/21 Price Changed $162,000 -0.3% $131 / Sq Ft
08/17/2021 08/17/21 For Sale $162,500 -- $131 / Sq Ft
Source: Rio Grande Valley Multiple Listing Service

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 $3,470 $169,187 $39,500 $129,687
2024 $3,470 $152,426 -- --
2023 $2,914 $127,022 $31,500 $95,522
2022 $571 $22,000 $22,000 $0
2021 $569 $22,000 $22,000 $0
2020 $39 $1,500 $1,500 $0
2019 $39 $1,500 $1,500 $0
2018 $39 $1,500 $1,500 $0
2017 $38 $1,500 $1,500 $0
2016 $38 $1,500 $1,500 $0
2015 $38 $1,500 $1,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Rio Grande Valley Multiple Listing Service

MLS Number: 29729780

Rio Grande Valley Multiple Listing Service

APN: 772862-0090-033000