NOT LISTED FOR SALE

1118 Estes Ave Unit D Austin, TX 78721

East MLK Neighborhood

Estimated Value: $318,000 - $390,565

-- Bed
7 Baths
1,008 Sq Ft
$351/Sq Ft Est. Value

Last Sold July 01, 2016

Current estimated payment $2,479/month

27 Days on Market

About This Home

As of July 2016

Great investment property. Lease rates in the area are going up fast. Fastest appreciating area of Austin. Tenants in both sides are great. Cinder block frame, tile floors, metal roof, separate utilities, refrigerators, 4 sides masonry, and one block to the elementary school. New rock drive being installed. A large backyard. Priced to sell.

Last Agent to Sell the Property

Robin Curle

Compass RE Texas, LLC License #0554367 Listed on: 04/24/2016

Compass RE Texas, LLC

Last Buyer's Agent

Hweilu Chen

YSNS/Olive8 Properties License #0562340

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,971

Year Built

  • 1964

Lot Details

  • Level Lot

Home Design

  • 1,008 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Metal Roof

Utilities

  • Separate Meters
  • Electricity To Lot Line
  • Separate Water Meter
  • Sewer in Street

Listing and Financial Details

  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,971

Year Built

1964

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Restrictions: Yes
  • Total Sq Ft: 1008
  • Stories: 1
  • Unit Mix: 2/1
  • Year Built Exception: Resale
  • Restrictions Type: City Restrictions
  • Ratio Close Price By List Price: 0.99000
  • Ratio Close Price By Original Li: 0.94171
  • Ratio Close Price By Sq Ft: 191.52
  • Ratio Current Price By Lot Size: 1084550.56
  • Ratio Current Price By Sq Ft: 191.52
  • Ratio List Price By Sq Ft: 193.45
  • Special Features: None
  • Year Built: 1964

Interior Features

  • Condition: As-Is, See Disclosure
  • Region: Austin - East

Exterior Features

  • Fence: Privacy, Wood
  • Trees: Moderate
  • Roof: Metal
  • Construction: All Sides Masonry
  • Foundation: Slab

Utilities

  • Sewer: City At Street
  • Utilities: Electricity On Property, Natural Gas On Property
  • Meter Description: Electric Separate, Gas Separate, Water Separate
  • Water Source: City

Schools

  • School District: Austin ISD
  • Elementary A: Ortega
  • Intermediary: Yes
  • Middle Intermediate School: Martin
  • High School: Eastside Memorial

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.178
  • Lot Size: .178 acres

Rental Info

  • Total Actual Rent: 1345

Tax Info

  • Actual Tax: 3647.00
  • Tax Filled Sqft Total: 1008
  • Tax Rate: 2.29608000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2021
Sold by
Pan Shanjen and Pan Yuhua
Bought by
Okedela Investments Llc
Total Days on Market
27
Current Estimated Value
$354,283

Purchase Details

Listed on
Apr 24, 2016
Closed on
Jul 1, 2016
Sold by
Hoffert Craig A and Hoffert Kare
Bought by
Pan Shanjen
Seller's Agent
Robin Curle
Compass RE Texas, LLC
Buyer's Agent
Hweilu Chen
YSNS/Olive8 Properties
List Price
$205,000
Sold Price
$193,050
Premium/Discount to List
-$11,950
-5.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.03%
Original Mortgage
$144,700
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2007
Sold by
Theodosis Sally S and Theodosis Mike F
Bought by
Hoffert Craig A and Hoffert Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2005
Sold by
Sutherland Curtis and Trevino Adrian
Bought by
Theodosis Mike F and Theodosis Sally S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,075
Interest Rate
8.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 9, 2003
Sold by
Freedom Properties Llc
Bought by
Sutherland Curtis and Trevino Adrian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,264
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2003
Sold by
Lee Yvette
Bought by
Freedom Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,264
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage
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
Okedela Investments Llc -- Chicago Title
Pan Shanjen -- None Available
Hoffert Craig A -- None Available
Theodosis Mike F -- Gracy Title Company
Sutherland Curtis -- --
Freedom Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pan Shanjen $144,700
Previous Owner Hoffert Craig A $94,400
Previous Owner Theodosis Mike F $103,075
Previous Owner Sutherland Curtis $85,000
Previous Owner Sutherland Curtis $53,264
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2016 07/01/16 Sold -- -- --
05/21/2016 05/21/16 Pending -- -- --
04/24/2016 04/24/16 For Sale $205,000 -- $203 / 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
2023 $5,971 $330,002 $330,000 $2
2022 $5,925 $300,000 $300,000 $0
2021 $5,545 $254,723 $175,000 $79,723
2020 $5,709 $266,189 $175,000 $91,189
2018 $5,282 $238,572 $175,000 $63,572
2017 $4,548 $203,918 $140,000 $63,918
2016 $3,668 $164,455 $75,000 $89,455
2015 $2,763 $158,833 $75,000 $83,833
2014 $2,763 $116,088 $55,000 $61,088
Source: Public Records

Agents Affiliated with this Home

  • Robin Curle

    Seller's Agent in 2016

    Robin Curle

    Compass RE Texas, LLC

    (512) 633-3011

    15 Total Sales

    Robin Curle
    Section Image

  • H

    Buyer's Agent in 2016

    Hweilu Chen

    YSNS/Olive8 Properties

    (512) 663-5888

    23 Total Sales

    Hweilu Chen
    Section Image
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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 1499958

Unlock MLS (Austin Board of REALTORS®)

APN: 196347

Texas Travis County Austin 78721 East MLK

1118 Estes Ave Unit D, Austin, TX

This home is located at 1118 Estes Ave Unit D, Austin, TX 78721 since 24 April 2016 and is currently estimated at $354,283, approximately $351 per square foot. This property was built in 1964. 1118 Estes Ave Unit D is a home located in Travis County with nearby schools including Ortega Elementary School, Martin Middle School, and Eastside Early College High School.

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