NOT LISTED FOR SALE

1606 E M Franklin Ave Unit 2 Austin, TX 78721

East MLK Neighborhood

Estimated Value: $1,026,000

-- Bed
3 Baths
1,488 Sq Ft
$690/Sq Ft Est. Value

About This Home

This home is located at 1606 E M Franklin Ave Unit 2, Austin, TX 78721 and is currently estimated at $1,026,000, approximately $689 per square foot. 1606 E M Franklin Ave Unit 2 is a home located in Travis County with nearby schools including Norman-Sims Elementary School, Martin Middle School, and Northeast Early College High School (Formerly Reagan High School).

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2022
Sold by
Doyle Samuel
Bought by
Neerg Inc and Mjc Group Llc
Current Estimated Value
$1,026,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.02%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Neerg Inc -- Austin Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mjc Group Llc $120,000
Closed Neerg Inc $1,100,000
Previous Owner Smith Robert C $59,200
Previous Owner Smith Robert Curtis $45,452
Source: Public Records

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 $24,479 $391,222 $300,000 $91,222
2022 $9,368 $474,364 $300,000 $174,364
2021 $6,579 $302,242 $175,000 $127,242
2020 $5,764 $268,720 $175,000 $93,720
2018 $4,423 $199,773 $175,000 $63,052
2017 $4,050 $181,612 $150,000 $126,824
2016 $3,682 $165,102 $100,000 $135,279
2015 $554 $150,093 $75,000 $155,932
2014 $554 $136,448 $0 $0
Source: Public Records

Map

Texas Travis County Austin 78721 East MLK

1606 E M Franklin Ave Unit 2, Austin, TX

This home is located at 1606 E M Franklin Ave Unit 2, Austin, TX 78721 and is currently estimated at $1,026,000, approximately $689 per square foot. 1606 E M Franklin Ave Unit 2 is a home located in Travis County with nearby schools including Norman-Sims Elementary School, Martin Middle School, and Northeast Early College High School (Formerly Reagan High School).

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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