$475,000
SOLD OCT 6, 2023
Last list price
0.18 Acre
$2,700,398 Price per Acre
7,662 Sq Ft Lot

Recently Sold

$707 Per Sq Ft

3 Days on Market

About This Lot

As of October 2023

Opportunity to build on one of East MLK's most coveted and developed streets. This listing includes the land, modern architectural plans for condo regime (Primary & ADU) and city approved permits. Unit 1 is 3 bedrooms, 3.5 bathrooms, 1,690 sf with 1 car garage. Unit 2 is 2 bedrooms, 2.5 bathrooms, 1,100 sf with 1 car garage. Lot is cleared and shovel ready. Renderings are merely an idea of what the elevation can look like based on certain materials. Close and start construction immediately saving time and money!

Last Agent to Sell the Property

Jennifer Kim

eXp Realty, LLC License #0724186 Listed on: 03/09/2023

eXp Realty, LLC

Last Buyer's Agent

Jeanne Miller

eXp Realty, LLC License #0698726

eXp Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,102

Lot Details

  • 7,662 Sq Ft Lot
  • Level Lot
  • Cleared Lot
  • Few Trees
  • Zoning described as SF-3-NP

Home Design

  • Home to be built

Schools

  • Norman Elementary School
  • Martin Middle School
  • Northeast Early College High School

Community Details

  • Chernosky Subdivision

Listing and Financial Details

  • Legal Lot and Block 24 / 1
  • Assessor Parcel Number 02111802160000
  • 2% Total Tax Rate

Property Details

Property Type

Land

Est. Annual Taxes

$9,102

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Single Lot
  • Restrictions: None
  • Additional Parcels: No
  • Builder Restricted: No
  • Commercial: No
  • Directions: Head East on E. MLK Blvd from I-35. Turn Right onto Deloney St. Property is on Right side
  • Disclosures: Familial Relation, See Remarks
  • Estimated Taxes: 8061.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Intermediary: Yes
  • Mineral: None
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • View: None
  • Property Condition: To Be Built

Exterior Features

  • Waterfront Features: None
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Association/Amenities

  • Community Features: None

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Norman
  • Middle School: Martin
  • High School: Northeast Early College
  • Elementary School: Norman
  • High School: Northeast Early College
  • Middle/Junior School: Martin

Lot Info

  • Lot Features: Cleared, Few Trees, Level
  • Parcel Number: 02111802160000
  • Lot Size Acres: 0.1759
  • Lot Size Sq Ft: 7662.20
  • Subdivision Name: Chernosky
  • Surface Water: No
  • Zoning Description: SF-3-NP

Building Info

  • New Construction: No

Tax Info

  • Tax Block: 1
  • Tax Lot: 24
  • Tax Rate: 2.17670000000000
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2023
Closed on
Sep 29, 2023
Sold by
Deloney St Project Llc
Bought by
1409 Deloney Street Llc
Seller's Agent
Jennifer Kim
eXp Realty, LLC
Buyer's Agent
Jeanne Miller
eXp Realty, LLC
List Price
$475,000
Views
12
Current Estimated Value
$617,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.56%
Original Mortgage
$960,500
Interest Rate
7.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2021
Sold by
Green Tech Properties Llc
Bought by
Deloney St Project Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$962,500
Interest Rate
2.9%
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 Type Sale Price Title Company
Deed -- Independence Title
Vendors Lien -- Independence Title
Warranty Deed -- Independence Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $980,000 VA
Closed $960,500 New Conventional
Previous Owner $962,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Sold -- -- --
08/08/2023 08/08/23 For Sale $475,000 0.0% $707 / Sq Ft
03/12/2023 03/12/23 Pending -- -- --
03/09/2023 03/09/23 For Sale $475,000 -- $707 / 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
2023 $9,102 $466,128 $300,000 $166,128
2022 $8,062 $408,195 $300,000 $108,195
2021 $5,528 $253,952 $175,000 $78,952
2020 $4,663 $217,400 $175,000 $42,400
2018 $4,355 $196,683 $175,000 $21,683
2017 $4,395 $197,087 $150,000 $47,087
2016 $3,273 $146,751 $100,000 $46,751
2015 $2,591 $138,100 $75,000 $63,100
2014 $2,591 $108,881 $50,000 $58,881
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 1816058

Unlock MLS (Austin Board of REALTORS®)

APN: 202515