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501 South Gary Avenue

501 South Gary Avenue, Monahans, TX 79756
Property in Monahans
Sold May 15, 2018
$70,200
$56,194 by Complex Community Fcu
Mortgage Due Jun 01, 2038
Sold Dec 04, 2007
$65,400
$64,490 by Wells Fargo Bank Na
Mortgage Due Dec 01, 2037
501 South Gary Avenue has been categorized by the local assessors in Monahans, TX as a residential type of property. The building on the property was first built in 1998 and is 26 years old. In addition, 501 South Gary Avenue has 817 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,360 ft and across the front of the lot is 700 ft. The area measurement of the land has been determined as 9,518 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 360 sqft. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 501 South Gary Avenue was last sold in May 11, 2018 for $70,200. According to our calculations, that's $22.65 per sqft. Prior to that sales transaction, the property was sold for $65,400 in Nov 29, 2007. Current property owners are expected to pay $1,409 in taxes per year. The property on 501 South Gary Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $75,970. To break that down further, the land itself was valued at $4,280. While improvements to the property were assessed at a total of $71,690. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 360
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,518
  • Lot Size Depth Feet: 1,360
  • Lot Size Frontage Feet: 700
  • Total Building Area: 3,100
  • Gross Building Area: 3,100
  • Building Area: 3,100
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 817
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.219
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 5 BLOCK 2 M D CO #6

Ownership

  • Current Owner : JURADO MANUEL A
  • Current Owner 2: CANO VERONICA A
  • Previous Owner : CANO EDWARD
  • Previous Owner 2: CANO ANITA
  • Owner Before Previous Owner: YOUNGBLOOD BELINDA
  • Owner Before Previous Owner 2: BRADLEY AL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Monahans-Wickett-Pyote Independent School District
  • Census Tract: 950200

Geography

  • Parcel: 7170
  • Block: 2
  • Lot: 5
  • Municipality: MONAHANS
  • Latitude: 31.5928
  • Longitude: -102.884

    Address

  • Full Address: 501 S Gary Ave
  • Address - House Number: 501
  • Street Direction: S
  • Address - Street Name: Gary
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Monahans
  • Carrier Code: C005
  • 4-Digit Zip Code: 4715
  • Zip Code: 79756

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,409
  • Tax Rate Code Area: 1 30 10

    Appraisal Valuation

  • Standard Deviation: 0.425
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 14
  • Final Value: 93,761
  • High Value: 133,614
  • Low Value: 53,907

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $56,194
  • First Open Lien Mortgage Lender: COMPLEX COMMUNITY FCU
  • First Open Lien Mortgage Recording Date: May 15, 2018
  • First Open Lien Mortgage Loan Amount: $56,194
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2038

    Market Valuation

  • Market Total Value: $75,970
  • Market Land Value: $4,280
  • Market Improvement Value: $71,690

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $75,970
  • Assessed Land Value: $4,280
  • Assessed Improvements Value: $71,690

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 11, 2018
  • Current Sale Recording Date: May 15, 2018
  • Current Sale Transaction ID: 11476581394
  • Current Sale Price: $70,200
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2018-3170
  • Previous Sale Recording Date: Dec 04, 2007
  • Previous Sale Contract Date: Nov 29, 2007
  • Previous Sale Amount: $65,400
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMPLEX COMMUNITY FCU
  • First Mortgage Transaction Date: May 15, 2018
  • First Mortgage Loan Amount: $56,194
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jun 01, 2038

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Dec 04, 2007
  • Previous Mortgage Loan Amount: $64,490
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 01, 2037

About Monahans



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Frequently Asked Questions

What neighborhood is 501 South Gary Avenue located in?
The 501 South Gary Avenue is a located in the neighborhood of Monahans in Monahans, Monahans.
What is the average sales price for listings in 501 South Gary Avenue?
The average sales price for units in 501 South Gary Avenue is $0 currently.

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