NOT LISTED FOR SALE

1606 Valleyridge Dr Austin, TX 78704

South Lamar Neighborhood

Estimated Value: $561,195 - $798,000

Studio
2 Baths
1,380 Sq Ft
$489/Sq Ft Est. Value

Last Sold July 08, 2015

Current estimated payment $4,300/month

6 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • Laundry in multiple locations
  • Zilker Elementary School Rated A-
  • 1-Story Property
  • Central Air

About This Home

As of July 2015

INVESTOR DREAM and amazing location. Great hip area of Austin, near 290 and IH35, close to Sunset Valley. 2 bedrooms 1 full bath on each side, carport and utility closets in carport for each side. Large back yards and each tenant pays own utilities. Saltillo Tile in all units no carpet.FEMA - Unknown Restrictions: Yes

Last Agent to Sell the Property

Rita Snyder

VERANDA REALTY GROUP, LLC License #0360984 Listed on: 06/04/2015

Co-Listed By

Martha Kohlmorgan

Beacon Pointe Realty License #0490130

Last Buyer's Agent

George Ibarra

Loredo Realty License #0563555

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,494

Year Built

  • Built in 1970

Lot Details

  • 7,841 Sq Ft Lot
  • Privacy Fence
  • Chain Link Fence
  • Wooded Lot

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Stone Siding

Interior Spaces

  • 1,380 Sq Ft Home
  • 1-Story Property
  • Laundry in multiple locations

Schools

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

Utilities

  • Central Air
  • No Heating
  • Separate Meters
  • Separate Water Meter

Community Details

  • No Home Owners Association
  • 2 Units
  • Southridge Sec 01 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04050806260000
  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,494

Year Built

Built in 1970

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Building Area Total: 1380.00
  • Restrictions: City Restrictions
  • Unit Mix: 2/1
  • Year Built: 1970
  • Directions: 290 East, Right on Clawson, Right on Valleyridge.
  • Estimated Taxes: 6494.00
  • Fencing: Chain Link, Privacy
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1380.00
  • New Loan Amount: 262500
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Laundry Location: Multiple Locations
  • View: None
  • Accessibility Features: None
  • Property Condition: See Remarks
  • Security Features: None
  • Spa Features: None

Exterior Features

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

Garage/Parking

  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Heating: None
  • Meter Description: Electric Separate, Water Separate
  • Water Source: Public
  • Cooling: Central Air

Association/Amenities

  • Association: No
  • Community Features: None

Schools

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

Lot Info

  • Lot Features: Trees-Medium (20 Ft - 40 Ft)
  • Parcel Number: 04050806260000
  • Lot Size Acres: 0.1800
  • Lot Size Sq Ft: 7840.80
  • Subdivision Name: Southridge Sec 01

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 2500.00
  • Pets Allowed: No

Building Info

  • Construction Materials: Frame, Stone

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Filled Sqft Total: 1380
  • Tax Rate: 2.37980000000000
  • Tax Year: 2014
  • Tax Annual Amount: 5494.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2015
Closed on
Jul 8, 2015
Sold by
1606 Valleyridge Drive Llc
Bought by
Mccullough Craig R
Seller's Agent
Rita Snyder
VERANDA REALTY GROUP, LLC
Buyer's Agent
George Ibarra
Loredo Realty
List Price
$350,000
Current Estimated Value
$674,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%
Original Mortgage
$262,500
Outstanding Balance
$205,039
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$469,510

Purchase Details

Closed on
Sep 12, 2012
Sold by
Raviv Miriam
Bought by
1606 Valleyridge Drive Llc

Purchase Details

Closed on
Jun 4, 2012
Sold by
1606 Valleyridge Drive Llc
Bought by
Raviv Miriam

Purchase Details

Closed on
Aug 6, 2009
Sold by
Raviv Miriam
Bought by
1606 Valleyridge Drive Llc

Purchase Details

Closed on
Jan 19, 2006
Sold by
Melton George and Melton Margaret
Bought by
Raviv Miriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 9, 2000
Sold by
Wolfe Athena L and Euresti Rudolph L
Bought by
Melton George and Melton Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
8.23%

Purchase Details

Closed on
Sep 23, 1997
Sold by
Sandoval Albert C and Murrieta Veronica
Bought by
Wolfe Athena L and Euresti Rudolph L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,914
Interest Rate
7.56%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mccullough Craig R -- Independence Title Midtown
1606 Valleyridge Drive Llc -- None Available
Raviv Miriam -- None Available
1606 Valleyridge Drive Llc -- None Available
Raviv Miriam -- Chicago Title Insurance Comp
Melton George -- Austin Title Company Inc
Wolfe Athena L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccullough Craig R $262,500
Previous Owner Raviv Miriam $123,750
Previous Owner Melton George $73,600
Previous Owner Wolfe Athena L $77,914
Closed 1606 Valleyridge Drive Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2015 07/08/15 Sold -- -- --
06/10/2015 06/10/15 Pending -- -- --
06/04/2015 06/04/15 For Sale $350,000 0.0% $254 / Sq Ft
08/15/2013 08/15/13 Rented $1,125 0.0% --
08/13/2013 08/13/13 Under Contract -- -- --
08/03/2013 08/03/13 For Rent $1,125 -- --
Source: Unlock MLS (Austin Board of REALTORS®)

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 $10,035 $557,138 $392,583 $164,555
2023 $13,456 $743,726 $500,000 $243,726
2022 $13,782 $697,851 $500,000 $197,851
2021 $11,116 $510,699 $300,000 $210,699
2020 $8,992 $419,236 $300,000 $119,236
2018 $8,590 $388,000 $300,000 $88,000
2017 $7,870 $352,892 $275,000 $77,892
2016 $7,676 $344,178 $230,000 $114,178
2015 $5,494 $317,432 $160,000 $157,432
2014 $5,494 $272,859 $190,000 $82,859
Source: Public Records

Agents Affiliated with this Home

  • Rita Snyder

    Seller's Agent in 2015

    Rita Snyder

    VERANDA REALTY GROUP, LLC

    (512) 468-2867

    66 Total Sales

    Rita Snyder
    Section Image
  • Martha Kohlmorgan

    Seller Co-Listing Agent in 2015

    Martha Kohlmorgan

    Beacon Pointe Realty

    (512) 656-7829

    93 Total Sales

    Martha Kohlmorgan
    Section Image
  • George Ibarra

    Buyer's Agent in 2015

    George Ibarra

    Loredo Realty

    (512) 771-1810

    12 Total Sales

    George Ibarra
    Section Image
  • Evie Ellis

    Buyer's Agent in 2013

    Evie Ellis

    ATX Home Realty

    (512) 657-5264

    43 Total Sales

    Evie Ellis
    Section Image
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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8836235

Unlock MLS (Austin Board of REALTORS®)

APN: 307863

Texas Travis County Austin 78704 South Lamar

1606 Valleyridge Dr, Austin, TX

Not Listed for Sale

MultiFamily

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Unlock MLS (Austin Board of REALTORS®) Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
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Based on information submitted to the MLS GRID

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