NOT LISTED FOR SALE
5 Beds
5 Baths
-- Sq Ft
2,614 Sq Ft Lot

Sale Details

Date Sold: February 1, 2019

Last sale price $230,000 $0 Per Sq Ft

35 Days on Market

About This Home

As of February 2019

This Austin community recently rehabbed five-unit income property, features two tandem buildings on one lot, with a front brick 3-unit brick building and a frame rear 2-unit coach house. Front building has three 1-bedroom units, and rear coach house with two 1-bedroom units. Apartments feature newer kitchens and baths, drywall, HVAC, electrical and flooring.A modest amount of TLC makes this a very desirable and easy income investor property. Gross potential income projected at $44,400. Showings for this property are arranged on a group basis on the following schedule: November 28th , from 10:30am to 12pm & December 4th, from 10:30am to 12pm. All offers must be submitted no later than, December 7th, 7:00pm CST. This is a US Government sale. Initial terms are 10% earnest money, proof of funds or bank letter, taxes prorated at 100%, sold as is, where is, 7 days due diligence. If accepted, additional documents and forms will be required.

Last Agent to Sell the Property

Ira Lauter

L & B All Star Realty Advisors LLC License #471001910 Listed on: 11/16/2018

Last Buyer's Agent

Ira Lauter

L & B All Star Realty Advisors LLC License #471001910 Listed on: 11/16/2018

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1891

Lot Details

  • 2,614

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Utilities

  • Central Air

Listing and Financial Details

  • Tenant pays for air conditioning, electric, heat

Property Details

Home Type

Multi-Family

Year Built

1891

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Zoning Type: MULTI
  • Estimated Age: New Rehab
  • Net Oper Income: 36400
  • Total Annual Income: 44400
  • Total Monthly Income: 3700
  • Number Of Stories: 3
  • Estimated Year Built: 1891
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1891

Exterior Features

  • Exterior Building Type: Vinyl Siding, Brick
  • Construction: Wood Frame

Utilities

  • Air Conditioner: Central Air
  • Heatventilation: Forced Air

Condo/Co-op/Association

  • Units in Building: 5

Lot Info

  • Lot Dimensions: 25 X 124
  • Parcel Identification Number: 16054150350000

Rental Info

  • Gross Rental Income: 44400
  • Tenant Pays: Air Conditioning, Electric, Heat

Tax Info

  • Taxes: 8035

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2020
Sold by
Guaman Fausto
Bought by

Purchase Details

Listed on
Nov 16, 2018
Closed on
Jan 2, 2019
Sold by
United States Of America
Bought by
Guaman Fausto and Perez Julio
Seller's Agent
Ira Lauter
L & B All Star Realty Advisors LLC
Buyer's Agent
Ira Lauter
L & B All Star Realty Advisors LLC
List Price
$269,500
Sold Price
$230,000
Premium/Discount to List
-$39,500
-14.66%

Purchase Details

Closed on
Feb 23, 2012
Sold by
Hsbc Bank Usa National Association
Bought by
Midwest Property Consultants

Purchase Details

Closed on
Apr 14, 2009
Sold by
Sewell Jerry
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Apr 5, 2000
Sold by
Salther Earl and Granville Raymond
Bought by
Sewell Jerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,455
Interest Rate
8.29%
Mortgage Type
FHA

Purchase Details

Closed on
May 28, 1998
Sold by
Gilmore Carl M
Bought by
Salther Earl and Granville Raymond

Purchase Details

Closed on
Dec 20, 1994
Sold by
Sperner Herbert and Sperner Ursula
Bought by
Gilmore Carl M
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
Guaman Fausto $230,000 First American Title
Midwest Property Consultants $27,000 Cti
Hsbc Bank Usa National Association -- None Available
Sewell Jerry $229,000 --
Salther Earl $132,000 --
Gilmore Carl M $73,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $332,000
Previous Owner Sewell Jerry $227,455
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/01/2019 02/01/19 Sold $230,000 -14.7% --
12/21/2018 12/21/18 Pending -- -- --
11/16/2018 11/16/18 For Sale $269,500 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,174 $58,000 $3,586 $54,414
2024 $7,174 $58,000 $3,586 $54,414
2023 $6,993 $34,002 $2,839 $31,163
2022 $6,993 $34,002 $2,839 $31,163
2021 $6,837 $34,000 $2,838 $31,162
2020 $4,748 $21,315 $2,539 $18,776
2019 $4,866 $24,222 $2,539 $21,683
2018 $4,785 $24,222 $2,539 $21,683
2017 $8,035 $37,326 $2,241 $35,085
2016 $7,476 $37,326 $2,241 $35,085
2015 $6,840 $37,326 $2,241 $35,085
2014 $5,846 $31,507 $2,091 $29,416
2013 $5,730 $31,507 $2,091 $29,416
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10139800

Midwest Real Estate Data (MRED)
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