NOT LISTED FOR SALE

1600 Cinnamon Path Unit A & B Austin, TX 78704

South Lamar Neighborhood

Estimated Value: $771,000 - $772,536

-- Bed
4 Baths
2,112 Sq Ft
$365/Sq Ft Est. Value

Last Sold March 18, 2022

Current estimated payment $5,037/month

6 Days on Market

Highlights

  • Horses Allowed On Property
  • Deck
  • Wood Flooring
  • Zilker Elementary School Rated A-
  • Living Room with Fireplace
  • High Ceiling

About This Home

As of March 2022

LOCATION! Wonderful opportunity for owner occupant or investor alike to have an income producing property in 78704! Minutes to downtown and so many great parts of Austin.

Last Agent to Sell the Property

Brian Weaver

Compass RE Texas, LLC License #0695827 Listed on: 02/10/2022

Compass RE Texas, LLC

Last Buyer's Agent

Andrew Hackemack

Bramlett Partners License #0632152

Bramlett Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,185

Year Built

  • Built in 1982

Lot Details

  • 6,970 Sq Ft Lot
  • South Facing Home
  • Wood Fence
  • Back Yard Fenced
  • Interior Lot
  • Few Trees

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,112 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Neighborhood Views

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Tile

Laundry

  • Laundry in multiple locations
  • Washer and Dryer Hookup

Schools

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

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Separate Water Meter

Additional Features

  • Sustainability products and practices used to construct the property include see remarks
  • Deck
  • Horses Allowed On Property

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Legal Lot and Block 28 / B
  • Assessor Parcel Number 04040711060000
  • 2% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • Cinnamon Ridge Subdivision
  • The community has rules related to deed restrictions

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,185

Year Built

Built in 1982

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Restrictions: City Restrictions, Deed Restrictions
  • Unit Mix: 2/1.5, See Remarks
  • Year Built: 1982
  • Direction Faces: South
  • Directions: Merge onto I-35 South Frontage Rd. Turn right onto E Oltorf St. Turn left onto Thornton Rd. Turn right onto Waterloo Trail. Take the 1st left onto Cinnamon Path Destination will be on Left.
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 5501.14
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Back Yard, Fenced, Privacy, Wood
  • Fireplaces: 2
  • Garage Spaces: 1.00
  • Green Energy Efficient: See Remarks
  • Green Sustainability: See Remarks
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 2112.00
  • Other Equipment: Dryer Connections, Washer Hookup
  • Other Structures: None
  • Special Listing Conditions: Real Estate Owned
  • Special Features: 20

Interior Features

  • Interior Amenities: Ceiling-High, Washer Hookup
  • Laundry Location: Multiple Locations
  • View: Neighborhood
  • Flooring: Carpet, Linoleum, Tile, Wood
  • Fireplace Features: Living Room
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal
  • Property Condition: Resale
  • Security Features: None
  • Window Features: None

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 1.00
  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Heating: Central
  • Meter Description: Electric Separate, Gas Separate, Water Separate
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air

Association/Amenities

  • Association: No
  • Community Features: None

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: Few Trees, Interior Lot
  • Parcel Number: 04040711060000
  • Lot Size Acres: 0.1600
  • Lot Size Sq Ft: 6969.60
  • Subdivision Name: Cinnamon Ridge

Rental Info

  • Total Actual Rent: 2000.00
  • Pets Allowed: Cats OK, Dogs OK, Negotiable

Building Info

  • Construction Materials: Brick Veneer, Frame
  • New Construction: No

Tax Info

  • Tax Block: B
  • Tax Filled Sqft Total: 2112
  • Tax Lot: 28
  • Tax Rate: 2.31690000000000
  • Tax Year: 2011
  • Tax Annual Amount: 5184.66
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2022
Closed on
Mar 10, 2022
Sold by
Eitel John W
Bought by
Kelly Alexander
Seller's Agent
Brian Weaver
Compass RE Texas, LLC
Buyer's Agent
Andrew Hackemack
Bramlett Partners
List Price
$900,000
Sold Price
$932,000
Premium/Discount to List
$32,000
3.56%
Total Days on Market
6
Current Estimated Value
$771,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$160,232
Avg. Annual Appreciation
-7.36%
Original Mortgage
$745,600
Outstanding Balance
$698,892
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$30,217

Purchase Details

Closed on
Jun 8, 2012
Sold by
Cruse John
Bought by
Eitel John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2006
Sold by
Strahan Wesley Randall
Bought by
Cruse John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,600
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2003
Sold by
Pierce Audrey Aguilera and Aguilera Audrey
Bought by
Strahan Wesley Randall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,600
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 1995
Sold by
Harper Donald G and Harper Phyllis I
Bought by
Pierce Audrey Aguilera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,317
Interest Rate
8.18%
Mortgage Type
FHA
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
Kelly Alexander -- None Listed On Document
Eitel John W -- None Available
Cruse John -- North American Title
Strahan Wesley Randall -- --
Pierce Audrey Aguilera -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Alexander $745,600
Previous Owner Eitel John W $225,000
Previous Owner Cruse John $213,750
Previous Owner Cruse John $213,600
Previous Owner Strahan Wesley Randall $144,600
Previous Owner Strahan Wesley Randall $36,150
Previous Owner Aguilera Audrey $122,500
Previous Owner Pierce Audrey Aguilera $105,317
Closed Strahan Wesley Randall $36,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold -- -- --
02/16/2022 02/16/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $900,000 -- $426 / 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 $11,297 $901,879 $500,000 $401,879
2022 $15,424 $780,996 $500,000 $280,996
2021 $12,690 $583,000 $300,000 $283,000
2020 $10,450 $487,200 $300,000 $187,200
2018 $10,038 $453,384 $300,000 $153,384
2017 $9,070 $406,692 $275,000 $131,692
2016 $8,210 $368,137 $230,000 $138,137
2015 $7,159 $338,871 $160,000 $178,871
2014 $7,159 $300,817 $190,000 $110,817
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 7010591

Unlock MLS (Austin Board of REALTORS®)

APN: 553197