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240 Cutlass Drive

240 Cutlass Drive, El Paso, TX 79932
Property in Ridge
Sold Apr 16, 2015
$106,900
Sold Oct 28, 2002
$61,300
$49,000 by Irwin Mtg Corp
Mortgage Due Nov 01, 2017
240 Cutlass Drive in El Paso, TX was first built in 1987 and is 37 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 240 Cutlass Drive has 1,339 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 8,510 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The home has a hip style roof made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 456 sqft. There are a total of 2 available parking spaces. The exterior walls of the home are made of stucco. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with a evaporative cooler. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 240 Cutlass Drive sold most recently in Apr 14, 2015 for a total of $106,900. If you work out the math, that's approximately a cost of $59.55 per sqft. Before that, the property was also sold for $61,300 in Oct 16, 2002. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,796 in taxes each year. 240 Cutlass Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $172,169. If we break it down further, the land itself was valued at $20,424. Improvements to the property, however, were assessed at a total of $151,745. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 456
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,510
  • Total Building Area: 1,795
  • Gross Building Area: 1,795
  • Building Area: 1,339
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Evaporative cooler
  • Heating: Forced air unit
  • Heated Square Feet: 1,339
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LA PAZ ESTATES
  • Land Acres: 0.195
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 12 LA PAZ ESTATES #2 LOT 11 (8510 SQ FT)

Ownership

  • Current Owner : DOWDY KENNETH BENJAMIN
  • Current Owner 2: DOWDY MARCIA
  • Previous Owner : DOWDY KENNETH BENJAMIN
  • Owner Before Previous Owner: THE BANK OF NEW YORK

Neighborhood

  • School District Name: El Paso Independent School District
  • Census Tract: 001204

Zoning

  • Zoning: R4

Geography

  • Assessors Map Reference: Z-01
  • Parcel: L069-999-0120-2100
  • Block: 12
  • Lot: 11
  • Municipality: CITY OF EL PASO
  • Latitude: 31.8588
  • Longitude: -106.58

    Address

  • Full Address: 240 Cutlass Dr
  • Address - House Number: 240
  • Address - Street Name: Cutlass
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: El Paso
  • Carrier Code: C054
  • 4-Digit Zip Code: 1458
  • Zip Code: 79932

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,796
  • Tax Rate Code Area: 08

    Appraisal Valuation

  • Standard Deviation: 0.2034
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 72
  • Final Value: 193,308
  • High Value: 232,630
  • Low Value: 153,986

    Market Valuation

  • Market Total Value: $172,169
  • Market Land Value: $20,424
  • Market Improvement Value: $151,745

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $172,169
  • Assessed Land Value: $20,424
  • Assessed Improvements Value: $151,745

    Sales

  • Current Sale Contract Date: Apr 14, 2015
  • Current Sale Recording Date: Apr 16, 2015
  • Current Sale Transaction ID: 1212207712
  • Current Sale Price: $106,900
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 20150024829
  • Previous Sale Recording Date: Oct 28, 2002
  • Previous Sale Contract Date: Oct 16, 2002
  • Previous Sale Amount: $61,300
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: CITY BANK
  • First Mortgage Transaction Date: Apr 16, 2015
  • First Mortgage Loan Amount: $85,500
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2030

    Previous Mortgages

  • Previous Mortgage Lender: IRWIN MTG CORP
  • Previous Mortgage Transaction Date: Oct 28, 2002
  • Previous Mortgage Loan Amount: $49,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Due Date: Nov 01, 2017

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Frequently Asked Questions

What neighborhood is 240 Cutlass Drive located in?
The 240 Cutlass Drive is a located in the neighborhood of Ridge in Ridge, El Paso.
What is the average sales price for listings in 240 Cutlass Drive?
The average sales price for units in 240 Cutlass Drive is $0 currently.

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