NOT LISTED FOR SALE

1701 E Martin Luther King Junior Blvd Unit 203 Austin, TX 78702

East Austin Neighborhood

Estimated Value: $504,000

2 Beds
1.5 Baths
1,302 Sq Ft
$303/mo HOA Fee

Last Sold April 16, 2021

Current estimated payment $3,812/month

Highlights

  • On-Site Retail
  • New Construction
  • Deck
  • Kealing Middle School Rated A
  • City View
  • Wood Flooring

About This Home

As of April 2021

New Construction. Last 2BR Unit!
Magnolia is a mixed-use condominium project by KRDB. Comprised of 17 residences & ground-level eateries. Individual unit entry w/ exterior front porch. 2-story unit w/ upstairs nook. Features: private balcony/deck; hi-efficiency windows; mini-split hi-efficiency HVAC; tankless water heater. Covered garage parking: 1 reserved spot. DT views fr master & balcony. Shared xeriscape central courtyard & podium-level deck. Incredible location! Close proximity to UT, Dell Med, Central Business District.

Last Listed By

Roland Galang

Skout Real Estate License #0505715 Listed on: 03/27/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,424

Year Built

  • Built in 2020 | New Construction

Lot Details

  • South Facing Home
  • The community has rules related to zoning restrictions

HOA Fees

  • $303 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Alley Access
  • Reserved Parking
  • Assigned Parking

Home Design

  • Membrane Roofing
  • Stucco
  • Cedar

Interior Spaces

  • 1,302 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Wood Flooring
  • City Views
  • Laundry closet

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Stainless Steel Appliances
  • Corian Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms

Eco-Friendly Details

  • ENERGY STAR Qualified Appliances

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Porch

Schools

  • Campbell Elementary School
  • Kealing Middle School
  • Mccallum High School

Utilities

  • Central Heating and Cooling System
  • ENERGY STAR Qualified Water Heater
  • High Speed Internet
  • Phone Available

Listing and Financial Details

  • Legal Lot and Block 8 / 11
  • Assessor Parcel Number 02090962140000
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, landscaping, maintenance structure, parking, trash
  • Sol Mlk Condominiums Association
  • Low-Rise Condominium
  • Built by KRDB
  • Johns C R Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area
  • Courtyard
  • Common Area
  • On-Site Retail

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,424

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$303 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: Low Rise (1-3 Stories), Multi-level Floor Plan
  • Restrictions: Zoning
  • Year Built: 2020
  • Additional Parcels: No
  • Direction Faces: South
  • Directions: From Downtown - go east on E MLK (~0.6 miles from I-35 frontage) >>Right on Leona. Park on Leona. Enter thru garage via alley. Lockbox on railing (bottom of stairs). Go up stairs to open deck - Unit 203 located on right side.
  • Disclosures: See Remarks
  • Estimated Taxes: 5132.49
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: None
  • Garage Spaces: 1.00
  • Green Energy Efficient: Appliances, Water Heater, See Remarks
  • Green Sustainability: None
  • Guest Accommodation Description: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 1302.00
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Counter-Corian, See Remarks
  • Laundry Location: Laundry Closet
  • View: City, See Remarks
  • Flooring: Wood
  • Fireplace Features: None
  • Num Dining: 1
  • Num Living: 1
  • Num Other Level Beds: 2
  • Accessibility Features: None
  • Appliances: Dishwasher, Electric Cooktop, ENERGY STAR Qualified Appliances, Stainless Steel Appliance(s)
  • Property Condition: New Construction
  • Security Features: None
  • Spa Features: None
  • Window Features: Skylight

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony, Exterior Steps, See Remarks
  • Roof: Membrane
  • Builder Name: KRDB
  • Foundation: See Remarks
  • Patio And Porch Features: Deck, Patio, Porch
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1.00
  • Parking Features: Assigned, Covered, Garage, Reserved
  • Total Parking Spaces: 1.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Internet-Cable, Phone Available
  • Heating: Central, See Remarks
  • Water Source: Public
  • Cooling: Central Air, See Remarks

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Landscaping, Maintenance Structure, Parking, Trash
  • Association Fee Frequency: Monthly
  • Association Fee: 303.00

Association/Amenities

  • Association Name: SOL-MLK CONDOMINIUMS
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Common Grounds, Courtyard, On-Site Retail, Picnic Area, See Remarks

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Campbell
  • Middle School: Kealing
  • High School: McCallum
  • Elementary School: Campbell
  • High School: McCallum
  • Middle/Junior School: Kealing

Lot Info

  • Lot Features: Alley Access, Level
  • Parcel Number: 02090962140000
  • Lot Size Acres: 0.1220
  • Lot Size Sq Ft: 5314.32
  • Subdivision Name: Johns C R

Building Info

  • Construction Materials: Cedar, Stucco
  • New Construction: Yes

Tax Info

  • Tax Block: 11
  • Tax Lot: 8
  • Tax Rate: 2.22666500000000
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2021
Closed on
Apr 16, 2021
Sold by
Mlk Development Llc
Bought by
Carlson Jillian and Runco Michael
Seller's Agent
Roland Galang
Skout Real Estate
Buyer's Agent
Joshua Faucher
Devora Realty
List Price
$569,000
Sold Price
$564,500
Premium/Discount to List
-$4,500
-0.79%
Total Days on Market
0
Current Estimated Value
$504,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$60,500
Avg. Annual Appreciation
-6.96%
Original Mortgage
$476,000
Outstanding Balance
$437,146
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
-$17,146

Range of Values:

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Average Value
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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
Carlson Jillian -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carlson Jillian $476,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2021 04/16/21 Sold -- -- --
03/27/2021 03/27/21 Pending -- -- --
03/27/2021 03/27/21 For Sale $569,000 -- $437 / 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 $8,424 $465,603 $1,002 $464,601
2022 $8,723 $441,667 $1,002 $440,665
2021 $6,390 $293,575 $1,002 $292,573
2020 $4,944 $230,501 $80,173 $150,328
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 9108168

Unlock MLS (Austin Board of REALTORS®)

APN: 924640