NOT LISTED FOR SALE

Estimated Value: $524,834 - $611,000

-- Bed
4 Baths
1,980 Sq Ft
$287/Sq Ft Est. Value

Last Sold December 14, 2020

Current estimated payment $4,062/month

3 Days on Market

Highlights

  • Horses Allowed On Property
  • No HOA
  • Living Room
  • Anderson High School Rated A
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of December 2020

Fully leased, remodeled duplex. Walkable to the Domain, and St. David's. This highly-desirable configuration of 3/2 and 2/2 units provides maximum flexibility for investors seeking to maximize rental income. Rare attached, private garages and alley access. Fenced yards. $3100 per month in total rent with leases expiring September and October 2021.

Last Agent to Sell the Property

Mark Strub

Strub Residential License #0526714 Listed on: 11/30/2020

Strub Residential

Last Buyer's Agent

Sarah Williams

simpliHOM License #0613170

simpliHOM

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,995

Year Built

  • Built in 1983

Lot Details

  • 9,365 Sq Ft Lot
  • East Facing Home
  • Fenced
  • The community has rules related to zoning restrictions

Parking

  • 2 Car Attached Garage
  • Alley Access
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Wood Siding
  • Stone Veneer

Interior Spaces

  • 1,980 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Laundry Room

Schools

  • Pillow Elementary School
  • Burnet Middle School
  • Anderson High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter

Listing and Financial Details

  • Down Payment Assistance Available
  • Legal Lot and Block 6 / C
  • Assessor Parcel Number 02601602130000
  • 2% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • North Star Sec 02 Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,995

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Restrictions: Zoning
  • Unit Mix: 2/2
  • Year Built: 1983
  • Direction Faces: East
  • Directions: From downtown Austin, Mopac to Parmer Lane exit. Turn R on Cedar Bend [before Parmer] and L on Alderbrook. Property on left.
  • Disclosures: None
  • Estimated Taxes: 7534.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Fenced
  • Garage Spaces: 2.00
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1980.00
  • Other Equipment: See Remarks
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Interior Amenities: See Remarks
  • Laundry Location: Laundry Room
  • View: None
  • Flooring: See Remarks
  • Accessibility Features: See Remarks
  • Appliances: See Remarks
  • Property Condition: Resale
  • Security Features: See Remarks
  • Window Features: See Remarks

Exterior Features

  • Exterior Features: See Remarks
  • Roof: See Remarks
  • Foundation: Slab
  • Patio And Porch Features: See Remarks
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2.00
  • Parking Features: Attached, Garage, Garage Door Opener, Garage Faces Rear

Utilities

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

Association/Amenities

  • Association: No
  • Community Features: See Remarks

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Pillow
  • Middle School: Burnet (Austin ISD)
  • High School: Anderson
  • Elementary School: Pillow
  • High School: Anderson
  • Middle/Junior School: Burnet (Austin ISD)

Lot Info

  • Lot Features: Alley Access
  • Parcel Number: 02601602130000
  • Lot Size Acres: 0.2150
  • Lot Size Sq Ft: 9365.40
  • Subdivision Name: North Star Sec 02

Rental Info

  • Total Actual Rent: 3100.00
  • Pets Allowed: Negotiable

Building Info

  • Construction Materials: Wood Siding, Stone Veneer
  • New Construction: No

Tax Info

  • Tax Block: C
  • Tax Filled Sqft Total: 1980
  • Tax Lot: 6
  • Tax Rate: 2.14486000000000
  • Tax Year: 2020
  • Tax Annual Amount: 4995.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2020
Closed on
Dec 11, 2020
Sold by
Rfti Llc
Bought by
Patel Preeti and Patel Dipali
Seller's Agent
Mark Strub
Strub Residential
Buyer's Agent
Sarah Williams
simpliHOM
List Price
$500,000
Total Days on Market
3
Current Estimated Value
$567,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.88%

Purchase Details

Listed on
Aug 1, 2019
Closed on
Aug 20, 2019
Sold by
Kensington Peavy Llc
Bought by
Rfti Llc
Seller's Agent
Robert Grunnah
Castle Hill Duplex
Buyer's Agent
Mark Strub
Strub Residential
List Price
$419,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.21%

Purchase Details

Closed on
May 14, 2019
Sold by
Lydon Wilson Dugue Edna P and Lydon Young Derelle
Bought by
Kensington Peavy Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 29, 2012
Closed on
Dec 15, 2012
Sold by
Parikh Chriag P
Bought by
Willson Dugue Enda P
Seller's Agent
Sean Little
Austin Lone Star Realty LLC
Buyer's Agent
Elizabeth Flores
Texas Premier Realty
List Price
$187,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.21%
Original Mortgage
$193,472
Interest Rate
3.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2007
Sold by
Parikh Parag P and Shipkey Gregory M
Bought by
12400 Alderbrook Land Trust

Purchase Details

Closed on
Mar 9, 2007
Sold by
Pierini James A and Pierini Lisa L
Bought by
Parikh Parag P and Shipket Gregory M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,010
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2005
Sold by
Pierini James A and Pierini Lisa L
Bought by
Pierini Revocable Trust

Purchase Details

Closed on
May 12, 2005
Sold by
Minor Paul G
Bought by
Pierini James A and Pierini Lisa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,520
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 4, 2002
Sold by
P T & Kanchan P Patel Living Trust
Bought by
Minor Paul G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,100
Interest Rate
6.81%

Purchase Details

Closed on
Aug 6, 1999
Sold by
Patel P T and Patel Kanchan P
Bought by
P T & Kanchan P Patel Living Trust
Source: Public Records

Range of Values:

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Average Value
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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
Patel Preeti -- Independence Title
Rfti Llc -- Independence Title
Kensington Peavy Llc -- None Available
Willson Dugue Enda P -- None Available
12400 Alderbrook Land Trust -- None Available
Parikh Parag P -- North American Title
Pierini Revocable Trust -- --
Pierini James A -- --
Minor Paul G -- --
P T & Kanchan P Patel Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kensington Peavy Llc $275,000
Previous Owner Willson Dugue Enda P $193,472
Previous Owner Parikh Parag P $170,010
Previous Owner Pierini James A $133,520
Previous Owner Minor Paul G $131,100
Closed P T & Kanchan P Patel Living Trust $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2020 12/14/20 Sold -- -- --
12/03/2020 12/03/20 Pending -- -- --
11/30/2020 11/30/20 For Sale $500,000 +19.1% $253 / Sq Ft
08/20/2019 08/20/19 Sold -- -- --
08/05/2019 08/05/19 Pending -- -- --
08/05/2019 08/05/19 For Sale $419,900 0.0% $212 / Sq Ft
08/01/2019 08/01/19 For Sale $419,900 +123.4% $212 / Sq Ft
12/18/2012 12/18/12 Sold -- -- --
11/02/2012 11/02/12 Pending -- -- --
10/29/2012 10/29/12 For Sale $187,995 -- $95 / 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 $11,600 $515,632 $133,483 $382,149
2023 $11,917 $658,698 $125,000 $533,698
2022 $11,483 $581,456 $125,000 $456,456
2021 $10,315 $473,895 $125,000 $348,895
2020 $7,534 $351,262 $125,000 $226,262
2018 $6,998 $316,067 $125,000 $222,175
2017 $6,304 $282,658 $75,000 $231,263
2016 $5,542 $248,492 $60,000 $201,480
2015 $4,356 $214,093 $40,000 $174,093
2014 $4,356 $195,747 $40,000 $155,747
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 3470779

Unlock MLS (Austin Board of REALTORS®)

APN: 264635