NOT LISTED FOR SALE

1501 Madison Ave Unit A Austin, TX 78757

Crestview Neighborhood

Estimated Value: $618,000 - $771,000

2 Beds
2.5 Baths
1,518 Sq Ft
3,920 Sq Ft Lot

Last Sold May 07, 2021

Current estimated payment $4,710/month

Highlights

  • Solar Power System
  • Open Floorplan
  • Bamboo Flooring
  • Brentwood Elementary School Rated A
  • Wooded Lot
  • Quartz Countertops

About This Home

As of August 2023

This home is packed with amazing features that will make your heart skip a beat. From the warm and inviting living area, to the spacious kitchen with stainless steel appliances, ample counter space, and plenty of storage, this home has it all.
Upstairs, you'll find generously sized bedrooms, each with plenty of closet space and room to make your own. And let's not forget about the master bedroom, which boasts an en-suite bathroom that will make you feel like you're living in a luxurious spa.
In middle of Central Austin, this home keeps you close to all access points into the city. North, South, East or West you're close to all of your favorite shops, restaurants and entertainment.
But wait, there's more! Step outside and you'll be greeted by a backyard that's perfect for hosting outdoor barbecues and gatherings with your loved ones.
Don't miss out on the opportunity to make this stunning house your new home. Schedule your showing today and get ready to experience all the benefits and excitement that await you!

Last Agent to Rent the Property

Kathleen Wainwright

Property Management By Design License #0561096 Listed on: 04/12/2023

Property Management By Design

Co-Listed By

Savanna Bobbitt

eXp Realty, LLC License #0804127

Last Renter's Agent

Kathleen Wainwright

Property Management By Design License #0561096 Listed on: 04/12/2023

Property Management By Design

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,019

Year Built

  • Built in 2009

Lot Details

  • Northeast Facing Home
  • Wood Fence
  • Sprinkler System
  • Wooded Lot
  • Back Yard Fenced and Front Yard

Parking

  • 1 Car Detached Garage

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • 1,518 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Double Pane Windows
  • Vinyl Clad Windows
  • Laundry on upper level

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Instant Hot Water

Flooring

  • Bamboo
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Brentwood Elementary School
  • Lamar Middle School
  • Mccallum High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Tankless Water Heater

Additional Features

  • Solar Power System
  • Covered Patio or Porch

Listing and Financial Details

  • Security Deposit $3,750
  • Tenant pays for all utilities
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • 12 Month Lease Term
  • $65 Application Fee
  • Legal Lot and Block A / G
  • Assessor Parcel Number 02340717020000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Association Phone (512) 969-8994
  • Madison Condo 1501 Subdivision
  • Property managed by Property Management by Design

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Deposit $400
  • 2 Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$13,019

Year Built

Built in 2009

Lot Details

0

Parking

1

Rental Info

  • Additional Pet Fee: 150
  • App Deposit Payable To: Owner
  • App Fee Payable To: Go4Rent
  • Application Fee: 65
  • Application Policy: Best Qualified Application
  • Application Required: See Online App
  • First Month Rent Payable To: Owner
  • Max Lease Months: 24
  • Max Numof Pets: 2
  • Min Lease Months: 12
  • Pet Deposit: 400
  • Security Deposit: 3750
  • Tenant Pays: All Utilities
  • Per Person: Yes
  • Per Pet: Yes
  • Pets Allowed: Negotiable
  • Renters Insurance Required: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Unit Style: 1st Floor Entry
  • Year Built: 2009
  • Additional Pet Fee Description: Each
  • Certified Funds: Yes
  • Direction Faces: NE
  • Directions: From Koenig, Go South on Woodrow just past the shopping center to Madison Ave. House is on Left. Unit A is on Left.
  • Disclosures: None
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Back Yard, Wood
  • Garage Spaces: 1.00
  • Green Energy Efficient: Solar Panel
  • Green Sustainability: None
  • Guest Accommodation Description: None
  • Housing Vouchers: No
  • Intermediary: Yes
  • Lease Guarantor: Yes
  • Lease Term: 12 Months
  • Levels: Two
  • Living Area: 1518.00
  • Other Structures: None
  • Move In Special: No
  • On Site Compliance: No
  • Special Features: None

Interior Features

  • Interior Amenities: Counter-Quartz, Eat-in Kitchen, Kitchen Island, Open Floorplan, Recessed Lighting
  • Laundry Location: Laundry Closet, Upper Level
  • View: None
  • Flooring: Bamboo, Tile
  • Management Company: Property Management by Design
  • Num Dining: 1
  • Num Living: 1
  • Num Other Level Beds: 2
  • Accessibility Features: None
  • Appliances: Dishwasher, Gas Range, Instant Hot Water, Free-Standing Gas Range, Free-Standing Refrigerator, Tankless Water Heater
  • Appliances Maintained: Dishwasher, Refrigerator
  • Property Condition: Resale
  • Security Features: None
  • Smoking Inside: No
  • Window Features: Double Pane Windows, Vinyl Windows

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms: 3
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Private Yard
  • Roof: Composition
  • Foundation: Pillar/Post/Pier
  • Patio And Porch Features: Covered, Front Porch, Rear Porch, Screened
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1.00
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Solar, Water Connected
  • Heating: Central
  • Meter Description: Read Meter
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • Managed By: Property Manager

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Brentwood
  • Middle School: Lamar (Austin ISD)
  • High School: McCallum
  • Elementary School: Brentwood
  • High School: McCallum
  • Middle/Junior School: Lamar (Austin ISD)

Lot Info

  • Lot Features: Back Yard, Front Yard, Level, Sprinkler - Automatic, Trees-Medium (20 Ft - 40 Ft)
  • Parcel Number: 02340717020000
  • Lot Size Acres: 0.0900
  • Lot Size Sq Ft: 3920.40
  • Subdivision Name: Madison Condo 1501

Building Info

  • Construction Materials: HardiPlank Type
  • New Construction: No

Multi Family

  • Management Co Phone: 5129698994
  • Number Of Units Total: 2

Tax Info

  • Tax Block: G
  • Tax Filled Sqft Total: 1518
  • Tax Lot: A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
May 7, 2021
Sold by
Peto Tracy E
Bought by
Liu Karl K and Chan Yen Mei
Seller's Agent
Melanie McNearney
Buyer's Agent
Kathleen Wainwright
Bramlett Partners
List Price
$625,000
Current Estimated Value
$691,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.53%
Original Mortgage
$506,250
Outstanding Balance
$458,789
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$232,450

Purchase Details

Listed on
Aug 1, 2017
Closed on
Aug 31, 2017
Sold by
Garner Will and Araiza Jose Andres
Bought by
Petro Tracy E
Seller's Agent
Bill Mills-Realtor
Austin Fine Properties LLC
Buyer's Agent
Melanie McNearney
List Price
$479,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.71%
Original Mortgage
$359,925
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2009
Sold by
Gb Madison Condos Llc
Bought by
Garner Will and Araiza Jose Andres

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2006
Sold by
Jones Robert D
Bought by
Clarke Alex and Clarke Ranetta S

Purchase Details

Closed on
Oct 18, 2004
Sold by
Harvey Beth W and Harvey Jerry
Bought by
Jones Robert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.82%
Mortgage Type
Seller Take Back
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
Liu Karl K -- Austin Title Company
Petro Tracy E -- Chicago Title
Garner Will -- Independence Title Company
Clarke Alex -- None Available
Jones Robert D -- Gracy Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Karl K $506,250
Previous Owner Petro Tracy E $359,925
Previous Owner Garner Will $220,000
Previous Owner Jones Robert D $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2023 08/01/23 Rented $3,750 0.0% --
07/21/2023 07/21/23 Under Contract -- -- --
07/03/2023 07/03/23 Price Changed $3,750 -3.8% $2 / Sq Ft
06/19/2023 06/19/23 Price Changed $3,900 0.0% $3 / Sq Ft
04/12/2023 04/12/23 For Rent $3,900 0.0% --
05/07/2021 05/07/21 Sold -- -- -- View Prior Sale
03/29/2021 03/29/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $625,000 +30.2% $412 / Sq Ft
08/31/2017 08/31/17 Sold -- -- -- View Prior Sale
08/07/2017 08/07/17 Pending -- -- --
08/01/2017 08/01/17 For Sale $479,900 -- $316 / 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 $13,019 $584,322 $225,000 $359,322
2023 $11,833 $676,947 $225,000 $451,947
2022 $14,984 $758,707 $225,000 $533,707
2021 $11,937 $548,424 $150,000 $398,424
2020 $10,315 $480,897 $150,000 $330,897
2018 $10,142 $458,093 $157,500 $300,593
2017 $8,731 $391,505 $147,000 $296,927
2016 $7,937 $355,914 $147,000 $240,425
2015 $6,469 $323,558 $110,250 $258,102
2014 $6,469 $294,144 $78,750 $215,394
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2580183

Unlock MLS (Austin Board of REALTORS®)

APN: 787202