NOT LISTED FOR SALE

1505 Cinnamon Path Unit B Austin, TX 78704

South Lamar Neighborhood

Estimated Value: $641,000 - $742,105

2 Beds
1.5 Baths
1,064 Sq Ft
$650/Sq Ft Est. Value

Highlights

  • Wooded Lot
  • No HOA
  • Central Air
  • Zilker Elementary School Rated A-
  • Tile Flooring
  • Dogs and Cats Allowed

About This Home

As of July 2018

Quiet neighborhood off S Lamar. 2 bed 1.5 bath duplex. Tree lined street, fenced back yard, minutes to downtown or Barton Springs, restaurants and more! Washer Dryer hook up Pets welcome

Last Agent to Rent the Property

Matt Ely

Ely Properties, Inc. License #0387240 Listed on: 06/14/2018

Ely Properties, Inc.

Last Renter's Agent

Brittany Maxwell

Compass RE Texas, LLC License #0642957

Compass RE Texas, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,803

Year Built

  • Built in 1982

Lot Details

  • 7,144 Sq Ft Lot
  • Chain Link Fence
  • Wooded Lot

Home Design

  • Duplex
  • Slab Foundation

Interior Spaces

  • 1,064 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Kitchen

  • Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 2 Parking Spaces
  • Carport
  • Off-Street Parking

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Above Ground Utilities
  • Electric Water Heater

Listing and Financial Details

  • Security Deposit $1,625
  • Tenant pays for all utilities
  • Negotiable Lease Term
  • $100 Application Fee
  • Assessor Parcel Number 04040713050000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Cinnamon Ridge Subdivision
  • Property managed by Ely Properties

Pet Policy

  • Pet Deposit $400
  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,803

Year Built

Built in 1982

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Owner Pays: None
  • Tenant Pays: All Utilities
  • Pets Allowed: Cats OK, Dogs OK, All
  • Available Date: 2018-06-15
  • App Deposit Payable To: Ely Properties
  • App Fee Payable To: Ely Properties
  • Application Fee: 100
  • Application Policy: Best Qualified Application
  • Application Required: TAR App
  • First Month Rent Payable To: Broker
  • Max Numof Pets: 2
  • Additional Pet Fee: 0
  • Pet Deposit: 400
  • Max Lease Months: 24

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Duplex
  • Building Area Total: 1064
  • Year Built: 1982
  • Directions: From South Lamar (past Oltorf), head Southeast on Del Curto, East on Cinnamon Path, duplex on South side of street just past Kinney.
  • Fencing: Chain Link, Fenced
  • Fireplaces: 1
  • Lease Term: Negotiable
  • Levels: Two
  • Living Area: 1064
  • Special Listing Conditions: Standard
  • FEMA Flood Plain: No
  • Restrictions: None
  • Unit Style: 1st Floor Entry
  • Smoking Inside YN: 0
  • Special Features: None

Interior Features

  • Interior Amenities: Interior Steps
  • Flooring: Carpet, Tile
  • Fireplace Features: Living Room
  • Accessibility Features: None
  • Appliances: Electric Cooktop, Dishwasher, Disposal, Oven, Electric Range, Refrigerator, Electric Water Heater
  • Security Features: None
  • Spa Features: None
  • ResoLivingAreaSource: Owner
  • Laundry Location: In Kitchen
  • Num Dining: 1
  • Num Living: 1
  • Appliances Maintained: Dishwasher,Disposal,Range/Oven/Stove,Refrigerator,Water Heater
  • Min Lease Months: 12
  • Num Other Level Beds: 2

Beds/Baths

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

Exterior Features

  • Exterior Features: None
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • View: No
  • Waterfront Features: None

Garage/Parking

  • Parking Features: Carport, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: Above Ground
  • Heating: Electric
  • Water Source: Public
  • Cooling: Central Air
  • Meter Description: Electric Separate,Gas Separate,Water Separate

Association/Amenities

  • Association: No
  • Community Features: None

Condo/Co-op/Association

  • Managed By: Property Manager
  • Management Company: Ely Properties

Schools

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

Lot Info

  • Lot Features: Trees-Medium (20 Ft - 40 Ft)
  • Parcel Number: 04040713050000
  • Lot Size Acres: 0.164
  • Lot Size Sq Ft: 7143.84
  • Subdivision Name: Cinnamon Ridge
  • Crops: None

Building Info

  • Construction Materials: None

Multi Family

  • Number Of Units Total: 2
  • Management Co Phone: (512) 476-1976

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2020
Sold by
Watzlavick Paul S and Watzlavick Dawn C
Bought by
Chiakas Bradley Paul and Troncoso Vanessa
Current Estimated Value
$691,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,400
Outstanding Balance
$420,175
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$405,231

Purchase Details

Closed on
Aug 31, 2015
Sold by
Herrington Michael S and Herrington Mary Kay
Bought by
Watzlavick Paul S and Watzlavick Dawn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,000
Interest Rate
4.08%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 26, 1995
Sold by
Slagle Peter R and Slagle June R
Bought by
Herrington Michael S and Herrington Mary Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
8.18%
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
Chiakas Bradley Paul -- Independence Title Company
Watzlavick Paul S -- None Available
Herrington Michael S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chiakas Bradley Paul $472,400
Previous Owner Watzlavick Paul S $418,000
Previous Owner Herrington Michael S $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2018 07/01/18 Rented $1,625 0.0% --
06/22/2018 06/22/18 Under Contract -- -- --
06/14/2018 06/14/18 For Rent $1,625 +6.6% --
07/01/2016 07/01/16 Rented $1,525 0.0% --
06/24/2016 06/24/16 Under Contract -- -- --
06/06/2016 06/06/16 For Rent $1,525 -- --
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 $10,803 $535,481 $386,556 $148,925
2023 $11,848 $734,735 $0 $0
2022 $13,571 $687,180 $0 $0
2021 $12,277 $564,017 $300,000 $264,017
2020 $9,952 $464,000 $300,000 $164,000
2019 $10,192 $464,000 $300,000 $164,000
2018 $9,940 $448,945 $300,000 $148,945
2017 $8,966 $402,056 $275,000 $127,056
2016 $8,442 $378,562 $230,000 $148,562
2015 $6,656 $332,580 $160,000 $172,580
2014 $6,656 $279,680 $190,000 $89,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8723805

Unlock MLS (Austin Board of REALTORS®)

APN: 553228