NOT LISTED FOR SALE

902 W Kelly Ave Pharr, TX 78577

Estimated Value: $1,005,000

-- Bed
12 Baths
7,706 Sq Ft
$130/Sq Ft Est. Value

Last Sold December 23, 2015

Current estimated payment $6,313/month

138 Days on Market

Highlights

  • 1.62 Acre Lot
  • No HOA
  • Patio
  • Corner Lot
  • Double Pane Windows
  • 3-minute walk to Pharr, Tx Skatepark

About This Home

As of December 2015

Units 1-24

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,418

Year Built

  • Built in 1994

Lot Details

  • 1.62 Acre Lot
  • Privacy Fence
  • Corner Lot

Parking

  • 48 Car Garage
  • Rear-Facing Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 7,706 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Carpet
  • Fire and Smoke Detector
  • Stove

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Escobar Elementary School
  • Liberty Middle School
  • Psja High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number P070000006000002

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Palm Heights Subdivision

Building Details

  • Gross Income $12,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,418

Year Built

Built in 1994

Lot Details

0

Parking

48

Listing Details

  • Directions: Off Jackson turn East on Kelly
  • Year Built: 1994
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.62
  • Road Surface Type: Paved
  • Subdivision Name: Palm Heights
  • Garage Yn: Yes
  • New Construction: No
  • Building Stories: 1
  • GMAR_GeocodeConfidence: Unknown
  • Availability: Immediate
  • GMAR_LicensedSupervisor: Dolly L. Elizondo
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
  • Flooring: Carpet
  • Living Area: 7706
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

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

Garage/Parking

  • Garage Spaces: 48
  • Covered Parking Spaces: 48
  • Parking Features: Other Garage or Carport, Garage Faces Rear

Utilities

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

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: Escobar
  • High School: PSJA H.S.
  • Junior High Dist: PSJA ISD
  • Middle Or Junior School: Liberty

Lot Info

  • Lot Size Sq Ft: 70567.2
  • Parcel #: P070000006000002
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 15
  • Tax Annual Amount: 19418

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 24
  • Annual Gross Income: 12600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2015
Closed on
Dec 23, 2015
Sold by
Quraishi Rafth
Bought by
Santana Gallego Julieta Sala and Santana Cerda Hector A
List Price
$1,000,000
Current Estimated Value
$1,005,000

Purchase Details

Closed on
Apr 3, 2012
Sold by
Blue Valley Apartment Inc
Bought by
Quraishi Rafath

Purchase Details

Closed on
Dec 6, 2011
Sold by
Fannie Mae
Bought by
Blue Valley Apartments Inc

Purchase Details

Closed on
May 29, 2007
Sold by
Interstate Properties Llc
Bought by
Pottier Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$696,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2005
Sold by
Garza Federico and Rodrigeuz Roberto
Bought by
Interstate Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
5.71%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Santana Gallego Julieta Sala -- Attorney
Quraishi Rafath -- Republic Title Of Texas Inc
Blue Valley Apartments Inc -- None Available
Fannie Mae -- None Available
Pottier Fernando -- Security Land Title Co
Interstate Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pottier Fernando $696,000
Previous Owner Interstate Properties Llc $620,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2015 12/23/15 Sold -- -- --
11/23/2015 11/23/15 Pending -- -- --
07/08/2015 07/08/15 For Sale $1,000,000 -- $130 / 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
2025 $34,359 $1,383,542 $677,445 $706,097
2024 $34,359 $1,281,045 $677,445 $603,600
2023 $33,014 $1,231,774 $204,645 $1,027,129
2022 $30,044 $1,071,108 $430,460 $640,648
2021 $26,118 $914,378 $430,460 $483,918
2020 $25,890 $895,000 $211,702 $683,298
2019 $26,228 $895,000 $211,702 $683,298
2018 $25,791 $875,000 $211,702 $663,298
2017 $26,662 $896,943 $211,702 $685,241
2016 $23,494 $790,389 $183,475 $606,914
2015 $17,439 $656,230 $183,475 $472,755
Source: Public Records

Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 186428

Greater McAllen Association of REALTORS®

APN: P0700-00-006-0000-02