NOT LISTED FOR SALE

1407 Cinnamon Path Unit A Austin, TX 78704

South Lamar Neighborhood

Estimated Value: $812,660 - $923,000

2 Beds
2 Baths
2,172 Sq Ft
$400/Sq Ft Est. Value

Highlights

  • High Ceiling
  • No HOA
  • Walk-In Closet
  • Zilker Elementary School Rated A-
  • Cul-De-Sac
  • Patio

About This Home

As of January 2022

Unit A has 2 BD/ 2BA with the kitchen open to the family room and the dining area and there's breakfast bar seating. The kitchen has open cabinetry, stainless steel appliances, a gas range, and a pantry. Unit offers a wood-burning fireplace. The primary bedroom has ensuite bathroom, walk-in closet, and access to the garage. Unit has its own private fenced-in yard with elevated wood decks and a grassy area. Laundry connection is in the garage.
This is an amazing pocket of South Austin just east of South Lamar, and just south of W. Oltorf. Incredible location just 3 miles south of Downtown Austin. Walking distance to the ABGB and Loro. Amazing restaurant, dining, and entertainment options along nearby South Lamar with more on the way with the upcoming remodel of Brodie Oaks (a $1 Billion Domain Style development plan). Just minutes from Barton Springs, Zilker Park, the Barton Creek Greenbelt, and SOCO. Easy access to Ben White, I-35, 360, and Mopac.

Last Agent to Rent the Property

Archita Gunturu

Walzel Properties - Corporate Office License #0662500 Listed on: 01/08/2022

Walzel Properties - Corporate Office

Last Renter's Agent

Archita Gunturu

Walzel Properties - Corporate Office License #0662500 Listed on: 01/08/2022

Walzel Properties - Corporate Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,447

Year Built

  • Built in 1982

Lot Details

  • 7,057 Sq Ft Lot
  • Cul-De-Sac
  • Northwest Facing Home
  • Wood Fence
  • Back Yard Fenced
  • Level Lot

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,172 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Track Lighting
  • Blinds
  • Living Room with Fireplace
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup

Kitchen

  • Oven
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Schools

  • Zilker Elementary School
  • O Henry Middle School
  • Austin High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Security Deposit $2,000
  • Tenant pays for all utilities
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • 12 Month Lease Term
  • $50 Application Fee
  • Tax Lot 7
  • Assessor Parcel Number 04040713090000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Cinnamon Ridge Subdivision

Pet Policy

  • Pet Deposit $250
  • $30 Monthly Pet Rent
  • 2 Pets Allowed
  • Dogs and Cats Allowed
  • Breed Restrictions
  • Medium pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,447

Year Built

Built in 1982

Lot Details

0

Parking

1

Rental Info

  • App Delivery To: info@archita.realtor
  • App Deposit Payable To: Owner
  • App Fee Payable To: Archita Gunturu
  • Application Fee: 50
  • Application Policy: Best Qualified Application
  • Application Required: TAR App
  • First Month Rent Payable To: Broker
  • Furnished: Unfurnished
  • Max Lease Months: 24
  • Max Numof Pets: 2
  • Min Lease Months: 12
  • Monthly Pet Rent: 30
  • Pet Deposit: 250
  • Security Deposit: 2000
  • Tenant Pays: All Utilities
  • Per Person: Yes
  • Per Pet: Yes
  • Pets Allowed: Cats OK, Dogs OK, Medium (< 35 lbs), Breed Restrictions
  • Renters Insurance Required: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Duplex
  • Year Built: 1982
  • Certified Funds: Yes
  • Direction Faces: NW
  • Directions: From Southbound I-35, use the right two lanes to take exit 230 to merge onto TX-71 W/ US 290 W toward Johnson Coty. Take the exit toward Menchaca Rd/ Pack Saddle Pass/ Victory Dr. Turn right onto Russell Dr. Turn right onto Fort View Rd. Turn left onto Clawson Rd. Turn right onto Lightsey Rd. Turn left onto Kinney Ave. Turn right onto Cinnamon Path. The Duplex is on the right.
  • Disclosures: None
  • FEMA Flood Plain: No
  • Fencing: Back Yard, Wood
  • Fireplaces: 1
  • Garage Spaces: 1.00
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Guest Accommodation Description: None
  • Housing Vouchers: No
  • Intermediary: Yes
  • Lease Term: 12 Months
  • Levels: One
  • Living Area: 2172.00
  • Monthly Pet Rent Per Pet: Yes
  • Move In Special: No
  • On Site Compliance: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Ceiling-High, Counter-Laminate, Electric Dryer Hookup, Primary Bedroom on Main, Track Lighting, Walk-In Closet(s), Washer Hookup
  • Laundry Location: See Remarks
  • View: None
  • Flooring: Laminate, Tile
  • Fireplace Features: Living Room
  • Num Dining: 1
  • Num Living: 1
  • Num Other Level Beds: 2
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Oven, Free-Standing Range, Refrigerator, Vented Exhaust Fan
  • Appliances Maintained: Refrigerator
  • Security Features: Smoke Detector(s)
  • Smoking Inside: No
  • Spa Features: None
  • Window Features: Blinds

Beds/Baths

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

Exterior Features

  • Exterior Features: Private Yard
  • Roof: Composition
  • Foundation: Slab
  • Patio And Porch Features: Patio
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1.00
  • Parking Features: Garage
  • Total Parking Spaces: 1.00

Utilities

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

Condo/Co-op/Association

  • Managed By: Owner

Association/Amenities

  • Association: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Zilker
  • Middle School: O Henry
  • High School: Austin
  • Elementary School: Zilker
  • High School: Austin
  • Middle/Junior School: O Henry

Lot Info

  • Lot Features: Cul-De-Sac, Level
  • Lot Size: 0 x 0
  • Parcel Number: 04040713090000
  • Lot Size Acres: 0.1620
  • Lot Size Sq Ft: 7056.72
  • Subdivision Name: Cinnamon Ridge

Building Info

  • Construction Materials: Brick Veneer
  • New Construction: No

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Filled Sqft Total: 2172
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2021
Sold by
Spencer Jennifer and Maki Jeffrey
Bought by
Pillay Sanjay and Parikh Rupal
Current Estimated Value
$867,830

Purchase Details

Closed on
Mar 24, 2014
Sold by
Spencer Jennifer and Maki Jeffrey
Bought by
Cinnamon Path Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2014
Sold by
Cinnamon Path Llc
Bought by
Spencer Jennifer and Maki Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2013
Sold by
Spencer Jennifer and Saarinen Toni
Bought by
Cinnamon Path Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,900
Interest Rate
4.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2013
Sold by
One Edgeware Llc
Bought by
Spencer Jennifer and Saarinen Toni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,900
Interest Rate
4.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2006
Sold by
Spencer Jennifer and Saarinen Toni
Bought by
One Edgeware Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,920
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 22, 2006
Sold by
Balm Robert
Bought by
Spencer Jennifer and Saarinen Toni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,920
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 9, 2005
Sold by
Gray Kay Lynn and Watson Kay Lynn
Bought by
Baum Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,250
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 2003
Sold by
Gray Richard E
Bought by
Gray Kay Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,550
Interest Rate
6.31%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 5, 1999
Sold by
Hewitt Michael P and Hewitt Kathy E
Bought by
Gray Richard E and Gray Kay Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,550
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 1996
Sold by
Mick John J
Bought by
Hewitt Michael P and Hewitt Kathy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,200
Interest Rate
6.5%
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
Pillay Sanjay -- Independence Title
Spencer Jennifer -- Independence Title
Cinnamon Path Llc -- Independence Title
Spencer Jennifer -- Itc
Cinnamon Path Llc -- Ctic
Spencer Jennifer -- Chicago Title Co
One Edgeware Llc -- None Available
Spencer Jennifer -- North American Title
Baum Robert -- --
Gray Kay Lynn -- --
Gray Richard E -- Alamo Title Company
Hewitt Michael P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spencer Jennifer $280,000
Previous Owner Spencer Jennifer $192,900
Previous Owner Spencer Jennifer $209,920
Previous Owner Baum Robert $167,250
Previous Owner Gray Kay Lynn $107,550
Previous Owner Gray Richard E $107,550
Previous Owner Hewitt Michael P $114,200
Closed Gray Kay Lynn $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2022 01/23/22 Rented $2,000 0.0% --
01/11/2022 01/11/22 Under Contract -- -- --
01/08/2022 01/08/22 For Rent $2,000 -- --
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 $12,447 $540,388 $385,697 $154,691
2023 $14,783 $817,072 $500,000 $317,072
2022 $15,829 $801,498 $500,000 $301,498
2021 $14,922 $685,519 $300,000 $385,519
2020 $11,801 $550,189 $300,000 $250,189
2018 $11,858 $535,617 $300,000 $235,617
2017 $11,091 $497,334 $275,000 $222,334
2016 $9,279 $416,059 $230,000 $186,059
2015 $7,678 $411,980 $160,000 $251,980
2014 $7,678 $322,621 $190,000 $132,621
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2303668

Unlock MLS (Austin Board of REALTORS®)

APN: 553234