NOT LISTED FOR SALE

1121 Prospect Ave Unit 2 Austin, TX 78702

East Austin Neighborhood

Estimated Value: $724,000

2 Beds
2.5 Baths
970 Sq Ft
6,534 Sq Ft Lot

Last Sold February 22, 2022

Current estimated payment $4,722/month

1 Day on Market

Highlights

  • New Construction
  • Two Primary Bedrooms
  • Open Floorplan
  • Kealing Middle School Rated A
  • Two Primary Bathrooms
  • Deck

About This Home

As of February 2022

n the heart of East Austin, this ADU sits on a corner lot so has separate driveway from primary unit and truly lives like a single family residence. The functional floor plan features an open layout with high end kitchen with BOSCH appliance package (fridge included) and black matte finishes. Upstairs features 2 spacious primary suites both with en suite bathrooms and access to second story deck. 1 car garage and 2 fenced in yards (one in front and one in back) complete this home. Amazing location walking distance to Figure 8 Coffee, Rockstar Bagels and less than 2 miles from Downtown Austin. Great for investors of primary home Buyers!

Last Agent to Sell the Property

Jennifer Kim

eXp Realty, LLC License #0724186 Listed on: 01/15/2022

eXp Realty, LLC

Co-Listed By

Thomas Kim

eXp Realty, LLC License #0672911

Last Buyer's Agent

Debra Barrera

Christie's Int'l Real Estate License #0506189

Christie's Int'l Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,396

Year Built

  • Built in 2021 | New Construction

Lot Details

  • Northeast Facing Home
  • Wood Fence
  • Back and Front Yard

Parking

  • 1 Car Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 970 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Smart Thermostat

Kitchen

  • <<OvenToken>>
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Quartz Countertops
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Two Primary Bathrooms

Laundry

  • Laundry on lower level
  • Stacked Washer and Dryer Hookup

Outdoor Features

  • Balcony
  • Deck
  • Exterior Lighting

Schools

  • Blackshear Elementary School
  • Kealing Middle School
  • Eastside Memorial High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Tankless Water Heater

Community Details

  • 1121 Prospect Ave Condominiums Association
  • Built by Luca VTT
  • Grandview Pl Subdivision
  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 02061009030000
  • 2% Total Tax Rate

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,396

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: 1st Floor Entry
  • Restrictions: None
  • Year Built: 2021
  • Additional Parcels: No
  • Direction Faces: NE
  • Directions: Head East on 7th From I-35. Turn Left onto Prospect Ave. Turn Right onto Swenson Ave. Property is on Right side.
  • Disclosures: None
  • Estimated Taxes: 7395.54
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Wood
  • Garage Spaces: 1.00
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Guest Accommodation Description: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 970.00
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Special Features: NewHome

Interior Features

  • Interior Amenities: 2 Primary Baths, 2 Primary Suites, Ceiling Fan(s), Ceiling-High, Counter-Quartz, Electric Dryer Hookup, Gas Dryer Hookup, Interior Steps, Kitchen Island, Open Floorplan, Recessed Lighting, Smart Thermostat, Stackable W/D Connections
  • Laundry Location: Laundry Closet, Lower Level
  • View: None
  • Flooring: Tile, Wood
  • Num Dining: 1
  • Num Living: 1
  • Num Other Level Beds: 2
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Cooktop Gas, Instant Hot Water, Oven, RNGHD, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater
  • Property Condition: New Construction
  • Security Features: None
  • Window Features: Double Pane Windows

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms: 3
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Balcony, Lighting
  • Roof: Metal
  • Builder Name: Luca VTT
  • Foundation: Slab
  • Patio And Porch Features: Deck
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1.00
  • Parking Features: Driveway, Garage, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: See Remarks
  • Association Fee Frequency: See Remarks

Association/Amenities

  • Association Name: 1121 Prospect Ave Condominiums
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: None

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Blackshear
  • Middle School: Kealing
  • High School: Eastside Memorial
  • Elementary School: Blackshear
  • High School: Eastside Memorial
  • Middle/Junior School: Kealing

Lot Info

  • Lot Features: Back Yard, Front Yard
  • Parcel Number: 02061009030000
  • Lot Size Acres: 0.1500
  • Lot Size Sq Ft: 6534.00
  • Subdivision Name: Grandview Pl

Building Info

  • Construction Materials: See Remarks
  • New Construction: Yes

Tax Info

  • Tax Rate: 2.17667900000000
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2022
Closed on
Feb 22, 2022
Sold by
Luca Vtt Investment Inc
Bought by
Tam Christopher
Seller's Agent
Jennifer Kim
eXp Realty, LLC
Buyer's Agent
Debra Barrera
Christie's Int'l Real Estate
List Price
$749,900
Sold Price
$778,100
Premium/Discount to List
$28,200
3.76%
Current Estimated Value
$724,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$54,100
Original Mortgage
$622,480
Outstanding Balance
$584,568
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2021
Sold by
Purchasing Fund 2020 1 Llc
Bought by
Nuss Andrew and Auxier Brooke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$952,765
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2021
Sold by
Luca Vtt Investment Icn
Bought by
Purchasing Fund 2020 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$952,765
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2020
Sold by
Espinoza Sernardo and Ocampo Maria Antonia
Bought by
Luca Vtt Investment Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
3.4%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 12, 1994
Sold by
Jones Jones Alma Alma and Jones Shelby Alma
Bought by
Espinoza Bernardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,726
Interest Rate
8.5%
Mortgage Type
FHA
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
Tam Christopher -- Independence Title
Nuss Andrew -- Homeward Title
Purchasing Fund 2020 1 Llc -- Homeward Title
Luca Vtt Investment Inc -- Independence Title
Espinoza Bernardo -- Austin Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tam Christopher $622,480
Previous Owner Nuss Andrew $952,765
Previous Owner Luca Vtt Investment Inc $825,000
Previous Owner Luca Vtt Investment Inc $50,000
Previous Owner Espinoza Bernardo $115,240
Previous Owner Espinoza Bernardo $0
Previous Owner Espinoza Bernardo $120,250
Previous Owner Espinoza Bernardo $30,726
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2022 02/22/22 Sold -- -- --
01/16/2022 01/16/22 Pending -- -- --
01/15/2022 01/15/22 For Sale $749,900 -- $773 / 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
2021 $7,396 $339,763 $250,000 $89,763
2020 $5,637 $285,016 $250,000 $111,766
2018 $5,215 $235,550 $250,000 $76,148
2017 $4,158 $214,136 $200,000 $88,561
2016 $3,777 $194,669 $180,000 $99,003
2015 $3,453 $176,972 $150,000 $85,924
2014 $3,453 $160,884 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 9108200

Unlock MLS (Austin Board of REALTORS®)

APN: 195132