NOT LISTED FOR SALE

1202 Newning Ave Unit 203 Austin, TX 78704

SoCo Neighborhood

Estimated Value: $415,000 - $490,000

3 Beds
2 Baths
1,221 Sq Ft
$467/mo HOA Fee

Last Sold September 28, 2022

Current estimated payment $3,552/month

9 Days on Market

Highlights

  • Cabana
  • Wood Flooring
  • Double Pane Windows
  • Open Floorplan
  • Granite Countertops
  • Walk-In Closet

About This Home

As of September 2022

Rare 3 Bedroom and 2 Bathrooms Mid-Century design condo in TRAVIS HEIGHTS. Can sleep up to 10. Large open living, dining and kitchen area. Complex has a swimming pool, barbecue area, open parking, and an upper deck overlooking downtown - perfect for having a glass of wine. 91 Walk Score - short distance to South Congress restaurants, shopping, entertainment, Lady Bird lake jogging trails, Austin's best events, Downtown and more. Easy access to IH- 35 and a short trip to the airport. Great for owner occupied full-time or a great Austin pied-a-terre to enjoy the best of Austin!

Last Agent to Sell the Property

Russell Martin

KW-Austin Portfolio Real Estate License #0424845 Listed on: 07/30/2022

KW-Austin Portfolio Real Estate

Last Buyer's Agent

Kerry Hamman

ERA Experts License #0598132

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,661

Year Built

  • Built in 1966

Lot Details

  • East Facing Home
  • Perimeter Fence

HOA Fees

  • $467 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Masonry Siding

Interior Spaces

  • 1,221 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Double Pane Windows

Kitchen

  • Breakfast Bar
  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Washer and Dryer

Parking

  • 3 Parking Spaces
  • Open Parking
  • Parking Lot

Pool

  • Cabana
  • In Ground Pool

Outdoor Features

  • Exterior Lighting
  • Outdoor Grill
  • Playground

Schools

  • Travis Hts Elementary School
  • Lively Middle School
  • Travis High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Additional Features

  • No Interior Steps
  • Energy-Efficient Appliances

Listing and Financial Details

  • Down Payment Assistance Available
  • Tax Lot 203
  • Assessor Parcel Number 03000118200000
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include gas, landscaping, ground maintenance, maintenance structure, sewer, trash, water
  • Madrid HOa
  • Madrid Condos Subdivision
  • Mandatory home owners association

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Mailbox

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,661

Year Built

Built in 1966

Lot Details

0

HOA Fees

$467 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: 1st Floor Entry
  • Restrictions: None
  • Year Built: 1966
  • Additional Parcels: No
  • Direction Faces: East
  • Directions: Heading south from downtown on South Congress, L on Academy, R on Newning, property on immediate R
  • Disclosures: Home Protection Plan, Lead Base Paint Addendum, Seller Disclosure
  • Estimated Taxes: 10503.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Perimeter
  • Green Energy Efficient: Appliances
  • Green Sustainability: None
  • Guest Accommodation Description: Room with Private Bath
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1221.00
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Counter-Granite, High Speed Internet, No Interior Steps, Open Floorplan, Primary Bedroom on Main, Recessed Lighting, Stackable W/D Connections, Walk-In Closet(s)
  • Laundry Location: Laundry Closet
  • View: None
  • Flooring: Tile, Wood
  • Num Dining: 1
  • Num Guest Beds: 2
  • Guest Full Bathrooms: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Microwave, Free-Standing Gas Range, Washer/Dryer
  • Main Level Bedrooms: 3
  • Property Condition: Resale
  • Security Features: None
  • Spa Features: None
  • Window Features: Double Pane Windows

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms: 2
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Lighting, Outdoor Grill, Playground
  • Roof: Membrane
  • Foundation: Slab
  • Patio And Porch Features: See Remarks
  • Pool Features: Cabana, In Ground
  • Private Pool: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Open, Parking Lot
  • Total Parking Spaces: 3.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Gas, Landscaping, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Association Fee: 467.00

Association/Amenities

  • Association Name: Madrid HOa
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: BBQ Pit/Grill, Cluster Mailbox, Picnic Area, Pool, Sidewalks

Schools

  • School District: Austin ISD
  • Elementary School: Travis Hts
  • High School: Travis
  • Middle/Junior School: Lively

Lot Info

  • Lot Features: None
  • Parcel Number: 03000118200000
  • Subdivision Name: Madrid Condos

Building Info

  • Construction Materials: Masonry – All Sides
  • New Construction: No

Tax Info

  • Tax Filled Sqft Total: 1221
  • Tax Lot: 203
  • Tax Rate: 2.17670000000000
  • Tax Year: 2022
  • Tax Annual Amount: 7661.00
  • Tax Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2022
Closed on
Sep 28, 2022
Sold by
Bible and Aaron
Bought by
James Frank and James Alexandra
Seller's Agent
Russell Martin
KW-Austin Portfolio Real Estate
Buyer's Agent
Kerry Hamman
ERA Experts
List Price
$525,000
Current Estimated Value
$459,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.91%
Original Mortgage
$420,000
Outstanding Balance
$359,069
Interest Rate
4.55%
Mortgage Type
New Conventional
Estimated Equity
$100,456

Purchase Details

Listed on
Sep 4, 2020
Closed on
May 7, 2021
Sold by
Kasuga Kimiko and The Kasuga Joint Living Trust
Bought by
Sperline Jennifer Keri
Seller's Agent
Tillery Castillo
Kuper Sotheby's Int'l Realty
Buyer's Agent
Emilie Rudd
BAY PROPERTY MANAGEMENT GROUP AUSTIN
List Price
$365,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.62%
Original Mortgage
$270,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2006
Sold by
Cox Lynn and Cox Lynn Jacob
Bought by
Hopkins Edward M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
James Frank -- --
Sperline Jennifer Keri -- Independence Title
Hopkins Edward M -- Gracy Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James Frank $420,000
Previous Owner Sperline Jennifer Keri $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/28/2022 09/28/22 Sold -- -- --
08/08/2022 08/08/22 Pending -- -- --
07/30/2022 07/30/22 For Sale $525,000 +43.8% $430 / Sq Ft
05/07/2021 05/07/21 Sold -- -- -- View Prior Sale
03/19/2021 03/19/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $365,000 0.0% $299 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
12/09/2020 12/09/20 Price Changed $365,000 +4.3% $299 / Sq Ft
11/23/2020 11/23/20 For Sale $350,000 0.0% $287 / Sq Ft
11/15/2020 11/15/20 Pending -- -- --
10/26/2020 10/26/20 For Sale $350,000 0.0% $287 / Sq Ft
10/08/2020 10/08/20 Off Market -- -- --
09/08/2020 09/08/20 Price Changed $350,000 -7.9% $287 / Sq Ft
09/04/2020 09/04/20 For Sale $380,000 0.0% $311 / Sq Ft
04/24/2019 04/24/19 Rented $1,750 0.0% --
04/19/2019 04/19/19 Under Contract -- -- --
04/09/2019 04/09/19 Price Changed $1,750 -5.4% $1 / Sq Ft
03/14/2019 03/14/19 For Rent $1,850 +3.1% --
04/07/2017 04/07/17 Rented $1,795 0.0% --
04/06/2017 04/06/17 Under Contract -- -- --
02/22/2017 02/22/17 For Rent $1,795 -5.3% --
09/15/2015 09/15/15 Rented $1,895 0.0% --
09/15/2015 09/15/15 Under Contract -- -- --
07/10/2015 07/10/15 For Rent $1,895 -- --
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 $8,386 $403,318 $1,046 $402,272
2023 $9,252 $511,352 $1,046 $510,306
2022 $9,529 $482,520 $1,046 $481,474
2021 $7,661 $351,940 $1,046 $350,894
2020 $6,737 $314,100 $448 $313,652
2018 $6,344 $286,522 $448 $286,074
2017 $5,670 $254,243 $56,048 $198,195
2016 $5,464 $245,000 $56,048 $188,952
2015 -- $199,290 $56,048 $143,242
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 4939445

Unlock MLS (Austin Board of REALTORS®)

APN: 853811