NOT LISTED FOR SALE

3709 Paola St Edinburg, TX 78541

Estimated Value: $469,000 - $527,000

-- Bed
8 Baths
3,780 Sq Ft
$131/Sq Ft Est. Value

Last Sold March 02, 2021

Current estimated payment $3,541/month

Highlights

  • Patio
  • Tile Flooring
  • Privacy Fence
  • Laundry closet
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of March 2021

New construction. The best location at the best price for new units. No maintenance expense with new property. Rents $ 800 for 2/2 ; $ 825 for 2/2 with yard and All units include quartz counter tops, washer and dryers, spacious bedrooms , bathrooms and closets. Carports in all units. The developer will close with at least 80 % rented.

Last Listed By

Cesar Cepeda

Four Stones Realty Listed on: 08/08/2020

Four Stones Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,111

Year Built

  • Built in 2020

Lot Details

  • 9,439 Sq Ft Lot
  • Privacy Fence
  • Wood Fence

HOA Fees

  • $10 Monthly HOA Fees

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Shingle Roof
  • Stucco

Interior Spaces

  • 3,780 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Microwave

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Garage
  • 8 Carport Spaces
  • No Garage
  • Front Facing Garage

Schools

  • Cavazos Elementary School
  • B.L. Garza Middle School
  • Edinburg High School

Utilities

  • Central Heating and Cooling System
  • Floor Furnace
  • Electric Water Heater

Additional Features

  • Energy-Efficient Thermostat
  • Patio

Listing and Financial Details

  • Assessor Parcel Number M571501000004200

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Monmack HOA
  • Monmack Place Ph I Subdivision

Building Details

  • Insurance Expense $1,700
  • Gross Income $39,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,111

Year Built

Built in 2020

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Directions: On Monmack North of Chapin, subdivision to the left ( west) side
  • Year Built: 2020
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2167
  • Road Surface Type: Paved
  • Subdivision Name: Monmack Place Ph I
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Thermostat
  • Building Stories: 1
  • GMAR_GeocodeConfidence: High
  • GMAR_Escrow: 3500
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Water Heater (In Attic), Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Flooring: Tile
  • Living Area: 3780

Exterior Features

  • Interior Amenities: Dryer, Washer
  • Fencing: Privacy, Wood
  • Lot Features: Curb & Gutters
  • Home Warranty: No
  • Construction Type: Brick, Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Patio
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: Garage Faces Front, Detached, No Garage
  • Total Parking Spaces: 8

Utilities

  • Laundry Features: Laundry Closet
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Floor Furnace
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Association Fee: 125
  • Association Fee Frequency: Annually
  • Association Name: MonMack HOA
  • Association: Yes

Schools

  • Elementary School: Cavazos
  • High School: Edinburg H.S.
  • Junior High Dist: Edinburg ISD
  • Middle Or Junior School: B.L. Garza

Lot Info

  • Lot Size Sq Ft: 9439.0164
  • Parcel #: M571501000004200
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1111

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 4
  • Annual Gross Income: 39000
  • Insurance Expense: 1700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2020
Closed on
Feb 26, 2021
Sold by
Monmack Development Llc
Bought by
Butmankiewicz Robert and The Robert Butmankiewicz Living Trust
Seller's Agent
Cesar Cepeda
Four Stones Realty
Buyer's Agent
Cynthia Landin
Landin Realty
List Price
$310,000
Sold Price
$325,000
Premium/Discount to List
$15,000
4.84%
Total Days on Market
0
Current Estimated Value
$495,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,333
Avg. Annual Appreciation
10.69%
Original Mortgage
$243,750
Outstanding Balance
$220,973
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$274,360

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
Butmankiewicz Robert -- Landtitle Texas Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butmankiewicz Robert $243,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2021 03/02/21 Sold -- -- --
12/09/2020 12/09/20 Price Changed $335,000 +8.1% $89 / Sq Ft
08/01/2020 08/01/20 Pending -- -- --
08/01/2020 08/01/20 For Sale $310,000 -- $82 / 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 $9,266 $520,997 $95,816 $425,181
2023 $8,553 $479,220 $53,808 $425,412
2022 $7,507 $378,803 $53,808 $324,995
2021 $6,833 $333,736 $53,808 $279,928
2020 $1,111 $53,808 $53,808 $0
2019 $1,166 $53,808 $53,808 $0
2018 $925 $42,480 $42,480 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 339550

Greater McAllen Association of REALTORS®

APN: M5715-01-000-0042-00