NOT LISTED FOR SALE

1401 Marcus Place Unit B Austin, TX 78721

East MLK Neighborhood

Estimated Value: $434,000 - $592,000

2 Beds
1 Bath
720 Sq Ft
$702/Sq Ft Est. Value

About This Home

This home is located at 1401 Marcus Place Unit B, Austin, TX 78721 and is currently estimated at $505,652, approximately $702 per square foot. 1401 Marcus Place Unit B is a home located in Travis County with nearby schools including Norman-Sims Elementary School, Martin Middle School, and Northeast Early College High School (Formerly Reagan High School).

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2023
Sold by
Lusso Properties Llc
Bought by
Mcpike Ane
Current Estimated Value
$505,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,500
Outstanding Balance
$612,222
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
-$106,570

Purchase Details

Closed on
Mar 31, 2022
Sold by
Otomi-Karol Property Group Llc
Bought by
Lusso Properties Llc

Purchase Details

Closed on
Nov 6, 2020
Sold by
Cash Home Investors Llc
Bought by
Otomi Karol Property Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 25, 1997
Sold by
Mccumber Gary R
Bought by
Zappe Robert G and Zappe Priscilla

Purchase Details

Closed on
Sep 22, 1995
Sold by
Oak Lane Investments Inc
Bought by
Mccumber Gary R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,800
Interest Rate
7.76%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Mcpike Ane -- None Listed On Document
Lusso Properties Llc -- None Listed On Document
Otomi Karol Property Group Llc -- None Available
Cash Home Investors Llc -- None Available
Zappe Robert G -- --
Mccumber Gary R -- Langham Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcpike Ane $630,500
Previous Owner Otomi Karol Property Group Llc $420,000
Previous Owner Mccumber Gary R $40,800
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 $8,792 $518,950 $266,575 $252,375
2023 $9,498 $549,783 $300,000 $249,783
2022 $10,436 $528,410 $300,000 $228,410
2021 $6,990 $321,143 $175,000 $146,143
2020 $6,589 $307,200 $175,000 $132,200
2018 $5,553 $250,828 $175,000 $75,828
2017 $4,518 $202,603 $150,000 $52,603
2016 $4,189 $187,847 $100,000 $87,847
2015 $2,522 $116,640 $75,000 $41,640
2014 $2,522 $129,049 $55,000 $74,049
Source: Public Records

Map

Texas Travis County Austin 78721 East MLK

1401 Marcus Place Unit B, Austin, TX

Not Listed for Sale

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