NOT LISTED FOR SALE

Estimated Value: $779,343 - $847,000

-- Bed
5 Baths
2,314 Sq Ft
$351/Sq Ft Est. Value

Last Sold May 21, 2018

Current estimated payment $5,460/month

Highlights

  • Mature Trees
  • 2 Fireplaces
  • Patio
  • Zilker Elementary School Rated A-
  • No HOA
  • 4-minute walk to The Tom Lasseter South Lamar Neighborhood Park

About This Home

As of May 2018

Amazing investment opportunity in 78704, #A currently MTM. Each unit lives like a townhome, no shared walls, and both units have been updated throughout including granite counters, appliances, HVAC/energy efficiency improvements, full list of updates available upon request. Mature trees provide year-round shade, near all South Lamar has to offer - restaurants, shopping, and minutes to Downtown and Zilker Park. Excellent opportunity for owner occupant or rental property.Restrictions: Yes

Last Agent to Sell the Property

Zane Collins

KW-Austin Portfolio Real Estate License #0620672 Listed on: 04/19/2018

KW-Austin Portfolio Real Estate

Co-Listed By

Kathleen Bucher

KW-Austin Portfolio Real Estate License #0437887

Last Buyer's Agent

Tomas Corzo

Keller Williams Realty License #0591062

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,133

Year Built

  • Built in 1982

Lot Details

  • 7,026 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Mature Trees
  • Wooded Lot

Home Design

  • Slab Foundation
  • Asphalt Roof
  • Masonry Siding

Interior Spaces

  • 2,314 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Window Treatments
  • Living Room
  • Laundry in multiple locations

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Home Security

  • Smart Thermostat
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Gas Water Heater
  • High Speed Internet

Community Details

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

Listing and Financial Details

  • Down Payment Assistance Available
  • Legal Lot and Block 8 / A
  • Assessor Parcel Number 04040703610000
  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,133

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Building Area Total: 2314.00
  • Restrictions: Deed Restrictions
  • Unit Mix: 2/2
  • Year Built: 1982
  • Directions: South on Lamar, left on Bluebonnet, right on Del Curto, left on Cinnamon Path.
  • Disclosures: Other Disclosures, Seller Disclosure
  • Estimated Taxes: 9133.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Fenced, Privacy, Wood
  • Fireplaces: 2
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 2314.00
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Smart Thermostat
  • Laundry Location: Multiple Locations
  • View: None
  • Flooring: Carpet, Laminate
  • Accessibility Features: None
  • Appliances: Dishwasher, Free-Standing Range, Refrigerator, Water Heater-Gas
  • Property Condition: Resale
  • Security Features: Smoke Detector(s)
  • Spa Features: None
  • Window Features: Window Treatments

Exterior Features

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

Garage/Parking

  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Internet-Cable, Internet-Fiber, Natural Gas Available
  • Heating: Natural Gas
  • Meter Description: Electric Separate, Water Separate
  • Water Source: Public
  • Cooling: Ceiling Fan(s)

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: Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft)
  • Parcel Number: 04040703610000
  • Lot Size Acres: 0.1610
  • Lot Size Sq Ft: 7026.00
  • Subdivision Name: Cinnamon Ridge

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 3565.00
  • Pets Allowed: No

Building Info

  • Construction Materials: Masonry – Partial

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Block: A
  • Tax Filled Sqft Total: 2314
  • Tax Lot: 8
  • Tax Rate: 2.21399000000000
  • Tax Year: 2017
  • Tax Annual Amount: 9133.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2018
Closed on
May 21, 2018
Sold by
Brown Theodore L and Brown Jessica S
Bought by
Valsman Dan and Valsman Dalila
Seller's Agent
Zane Collins
KW-Austin Portfolio Real Estate
Buyer's Agent
Tomas Corzo
Keller Williams Realty
List Price
$539,000
Current Estimated Value
$813,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.92%
Original Mortgage
$405,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2014
Sold by
Leveck Chris and Leveck Stephanie
Bought by
Brown Theodore L and Brown Jessica S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,250
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2011
Sold by
Mayfair Bruton Llc
Bought by
Leveck Chris and Leveck Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,297
Interest Rate
4.13%
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
Valsman Dan -- None Available
Brown Theodore L -- None Available
Leveck Chris -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaisman Dalila $414,500
Closed Valsman Dan $405,000
Previous Owner Brown Theodore L $311,250
Previous Owner Leveck Chris $292,297
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2018 05/21/18 Sold -- -- --
04/20/2018 04/20/18 Pending -- -- --
04/19/2018 04/19/18 For Sale $539,000 -- $233 / 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
2025 $12,346 $545,974 $385,635 $160,339
2023 $12,346 $804,622 $500,000 $304,622
2022 $16,604 $840,720 $500,000 $340,720
2021 $13,770 $632,600 $300,000 $332,600
2020 $11,168 $520,700 $300,000 $220,700
2018 $11,168 $504,428 $300,000 $204,428
2017 $9,200 $412,521 $275,000 $137,521
2016 $8,340 $373,964 $230,000 $143,964
2015 $6,378 $343,167 $160,000 $183,167
2014 $6,378 $290,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 1096234

Unlock MLS (Austin Board of REALTORS®)

APN: 800737