NOT LISTED FOR SALE

Estimated Value: $554,991 - $866,000

-- Bed
1 Bath
1,867 Sq Ft
$381/Sq Ft Est. Value

Last Sold July 17, 2012

Current estimated payment $4,933/month

67 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Covered Patio or Porch
  • Lamar Middle School Rated A-
  • No HOA
  • Living Room

About This Home

As of July 2012

Right in the Heart of Austin, this typically-student rented property never stays vacant for a day. Do the math: certainly one of the best investment deals in the area.FEMA - Unknown Restrictions: Unknown

Last Agent to Sell the Property

Adrienne Laosa

Treaty Oak Property Management License #0616163 Listed on: 04/06/2012

Last Buyer's Agent

Sam Archer

RAM Austin Property Management License #0547022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,278

Year Built

  • Built in 1940

Lot Details

  • 6,752 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Chain Link Fence

Home Design

  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,867 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Dishwasher
  • Laundry in multiple locations

Flooring

  • Wood
  • Tile

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Reilly Elementary School
  • Lamar Middle School
  • Mccallum High School

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Separate Water Meter

Community Details

  • No Home Owners Association
  • 2 Units
  • Northfield Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02250913430000
  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,278

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Building Area Total: 1867.00
  • Restrictions: None
  • Unit Mix: 2/1, 3/2
  • Year Built: 1940
  • Directions: Take North Lamar. Turn right onto Franklin Blvd Destination will be on the right.
  • Estimated Taxes: 8096.71
  • Fencing: Chain Link, Privacy, Wood
  • Guest Accommodation Description: None
  • Levels: One
  • Living Area: 1867.00
  • New Loan Amount: 237650
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Pantry
  • Laundry Location: Multiple Locations
  • Flooring: Tile, Wood
  • Accessibility Features: None
  • Appliances: Dishwasher
  • Property Condition: Resale, See Remarks
  • Security Features: None
  • Spa Features: None

Exterior Features

  • Exterior Features: None
  • Roof: Composition
  • Foundation: Pillar/Post/Pier
  • Patio And Porch Features: Covered, Deck, Porch
  • Pool Features: None
  • Private Pool: No
  • View: No
  • Waterfront Features: None

Garage/Parking

  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available
  • Heating: Central
  • Meter Description: Electric Separate, Gas Separate, Water Separate
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Reilly
  • Middle School: Lamar (Austin ISD)
  • High School: McCallum
  • Elementary School: Reilly
  • High School: McCallum
  • Middle/Junior School: Lamar (Austin ISD)

Lot Info

  • Lot Features: None
  • Parcel Number: 02250913430000
  • Lot Size Acres: 0.1550
  • Lot Size Sq Ft: 6751.80
  • Subdivision Name: Northfield Add

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 3050.00
  • Pets Allowed: No

Building Info

  • Construction Materials: Frame

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Filled Sqft Total: 1867
  • Tax Rate: 2.31690000000000
  • Tax Year: 2011
  • Tax Annual Amount: 6278.46
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2012
Closed on
Jul 16, 2012
Sold by
Gibbs John D
Bought by
Foohey Mark William and Foohey Valerie Romero
Seller's Agent
Adrienne Laosa
Treaty Oak Property Management
Buyer's Agent
Sam Archer
RAM Austin Property Management
List Price
$369,900
Current Estimated Value
$710,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%
Original Mortgage
$237,650
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2005
Sold by
Lee Robert and Lee Emily
Bought by
Gibbs John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.76%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 13, 2001
Sold by
Lee Emily
Bought by
Lee Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2001
Sold by
Choate John
Bought by
Lee Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,600
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2001
Sold by
Yerby Robert G
Bought by
Choate John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 1994
Sold by
Eaton William H and Eaton Jeanne
Bought by
Yerby Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,500
Interest Rate
7.19%
Mortgage Type
Seller Take Back
Source: Public Records

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
Foohey Mark William -- None Available
Gibbs John D -- North American Title
Lee Robert -- North American Title
Lee Emily -- North American Title
Choate John -- Austin Title Company
Yerby Robert G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foohey Valeric Romero $510,400
Closed Foohey Mark William $237,650
Previous Owner Gibbs John D $252,000
Previous Owner Lee Robert $285,000
Previous Owner Lee Robert $136,000
Previous Owner Lee Emily $77,600
Previous Owner Choate John $56,250
Previous Owner Yerby Robert G $39,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2012 07/17/12 Sold -- -- --
06/12/2012 06/12/12 Pending -- -- --
04/06/2012 04/06/12 For Sale $369,900 -- $198 / Sq Ft
Source: Unlock MLS (Austin Board 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 $12,736 $618,159 $414,799 $203,360
2023 $12,736 $781,919 $450,000 $331,919
2022 $12,847 $650,528 $450,000 $200,528
2021 $11,933 $548,217 $275,000 $273,217
2020 $10,041 $468,120 $275,000 $193,120
2018 $9,830 $443,983 $275,000 $168,983
2017 $9,802 $439,512 $240,000 $199,512
2016 $10,241 $432,531 $270,000 $162,531
2015 $8,819 $389,477 $225,000 $164,477
2014 $8,819 $370,578 $225,000 $145,578
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 9405922

Unlock MLS (Austin Board of REALTORS®)

APN: 225200