NOT LISTED FOR SALE

1718 Palma Plaza Unit A Austin, TX 78703

Clarksville Neighborhood

Estimated Value: $2,135,000

2 Beds
1 Bath
1,250 Sq Ft
$1,708/Sq Ft Est. Value

Highlights

  • Wood Flooring
  • High Ceiling
  • Cedar Closet
  • Mathews Elementary School Rated A
  • Porch
  • Crown Molding

About This Home

As of November 2016

Old West Austin. 1440 sq/ft Large 2/1 with formal dining room in quiet complex. Charming open floorplan with hardwood floors, high ceilings, tons of natural light and private porch. 1st floor unit, Two private entrances in front and back. No shared walls. One off-street parking space. Washer/dryer and dishwasher.

Last Agent to Rent the Property

Lindsay Harris

Compass RE Texas, LLC License #0566860 Listed on: 08/30/2016

Compass RE Texas, LLC

Last Renter's Agent

Non Member

Non Member License #785011

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,696

Year Built

  • Built in 1935

Lot Details

  • 8,276

Home Design

  • Quadruplex
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,250 Sq Ft Home
  • Crown Molding
  • High Ceiling
  • Window Treatments
  • Fire and Smoke Detector
  • Laundry closet

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Cedar Closet
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • Off-Street Parking
  • Reserved Parking

Additional Features

  • Porch
  • Sloped Lot
  • Central Heating

Community Details

  • Pet Deposit $300
  • 1 Pet Allowed

Listing and Financial Details

  • Security Deposit $1,950
  • Tenant pays for all bills
  • The owner pays for yard maintenance
  • 12-Month Lease Term
  • $40 Application Fee
  • Assessor Parcel Number 01110413230000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,696

Year Built

Built in 1935

Lot Details

0

Rental Info

  • Additional Pet Fee Description: See Agent
  • App Deposit Payable To: Owner
  • App Fee Payable To: Gottesman Residential RE
  • Application Fee: 40
  • Application Policy: Best Qualified Application
  • Application Required: Tar App
  • First Month Rent Payable To: Owner
  • Furnished: Unfurnished
  • Lease Guarantor: No
  • Max Lease Months: 12
  • Max Numof Pets: 1
  • Min Lease Months: 12
  • Owner Pays: Yard Maintenance
  • Pet Deposit: 300
  • Pet Description: Both Cats & Dogs
  • Section8: No
  • Security Deposit: 1950
  • Smoking Inside: No
  • Tenant Pays: All Bills

Listing Details

  • Property Type: Lease
  • Property Sub Type: Fourplex
  • Unit Style: 1st Floor Entry
  • Access Instructions: Key In Lockbox
  • Total Sq Ft: 1250
  • Steps: Back Steps, Front Steps
  • Stories: 1
  • Year Built: 1935
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.89744
  • Ratio Close Price By Sq Ft: 1.40
  • Ratio Current Price By Lot Size: 8793.97
  • Ratio Current Price By Sq Ft: 1.40
  • Ratio List Price By Sq Ft: 1.40
  • Special Features: None

Interior Features

  • Disability Features: No
  • Kitchen: Galley Type
  • Main Level Bedrooms: 2
  • Interior Amenities: Cedar Closets, Ceiling-High, Crown Molding, Smoke Detector, Walk-In Closet, Window Treatments
  • Laundry Location: Closet, See Agent
  • Dining Description: Formal Dining Room
  • Laundry Facilities: Dryer Connection - Electric, Dryer Connection - Gas, See Agent, Washer Connections, Closet
  • Sprinkler System: No
  • Flooring: Tile - Vinyl, Wood
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Kitchen Appliances: Dishwasher, Disposal, Range-Free Standing, Refrigerator
  • Master Main: Yes
  • Num Dining: 1
  • Num Living: 1
  • Num Parking Spaces: 1
  • Region: Austin - Central
  • Refrigerator: Yes

Exterior Features

  • Fence: Partial
  • Pool on Property: No
  • Trees: Large (Over 40 Ft), Medium (20 Ft - 40 Ft)
  • Waterfront: No
  • Exterior Features: Porch-Open
  • Roof: Composition Shingle
  • Construction: All Sides Masonry
  • Water Access: No
  • Foundation: Pier & Beam
  • Spa Hot Tub: No

Garage/Parking

  • Parking Features: 1 Reserved, Off Street

Utilities

  • Cooling: Central Air
  • Sewer: City On Property
  • Utilities: Electricity Available, Natural Gas Available
  • Heating: Central Heat
  • Water Source: City
  • Dryer Maintained: No

Condo/Co-op/Association

  • HOA: No
  • Managed By: Owner
  • Pets: Yes

Fee Information

  • Per Person: Yes
  • Per Pet: Yes

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary A: Mathews
  • Intermediary: Yes
  • Middle Intermediate School: O Henry
  • High School: Austin

Lot Info

  • F E M A100 Yr Flood Plain: Unknown
  • Lot Features: Curbs, Sloped
  • Lot Size Area: 0.199
  • Parcel Number: 01110413230000
  • M A P S C O Grid: L
  • M A P S C O Page: 584

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2020
Sold by
Sullivan Michael J
Bought by
Sullivan Margaret R
Current Estimated Value
$2,135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$793,015
Outstanding Balance
$717,213
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$1,030,819

Purchase Details

Closed on
Jul 27, 2017
Sold by
Smith R M and Smith Wheeler A
Bought by
Shattuck Paul A and Sulliyan Margaret R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2017
Sold by
Michael Smith East Ltd
Bought by
Smith R M and Smith Wheeler A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2003
Sold by
Smith R M
Bought by
Michael Smith East Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,500
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2003
Sold by
Michael Smith East Ltd
Bought by
Smith R M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,500
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 2002
Sold by
Smith R M
Bought by
Michael Smith East Ltd

Purchase Details

Closed on
Oct 22, 2002
Sold by
Michael Smith East Ltd
Bought by
Smith R M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 6, 2001
Sold by
Smith R Michael and Smith Wheeler A
Bought by
Michael Smith East Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 2001
Sold by
Michael Smith East Ltd
Bought by
Smith R Michael and Smith Wheeler A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 1999
Sold by
Smith R M and Smith Wheeler A
Bought by
Michael Smith East Ltd

Purchase Details

Closed on
Apr 9, 1998
Sold by
Michael Smith East Ltd
Bought by
Smith R M and Smith Wheeler A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
7.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 1995
Sold by
Wheeler A H
Bought by
Michael Smith East Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
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
Sullivan Margaret R -- None Available
Shattuck Paul A -- None Available
Smith R M -- None Available
Michael Smith East Ltd -- North American Title
Smith R M -- North American Title
Michael Smith East Ltd -- North American Title
Smith R M -- North American Title
Michael Smith East Ltd -- Texas Professional Title Inc
Smith R Michael -- Texas Professional Title Inc
Michael Smith East Ltd -- Texas Professional Title Inc
Smith R M -- Texas Professional Title Inc
Michael Smith East Ltd -- --
Michael Smith East Ltd -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Margaret R $793,015
Closed Shattuck Paul A $800,000
Previous Owner Smith R M $278,500
Previous Owner Smith R M $279,000
Previous Owner Smith R Michael $275,000
Previous Owner Smith R M $148,500
Previous Owner Michael Smith East Ltd $110,000
Closed Michael Smith East Ltd $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/11/2016 11/11/16 Rented $1,750 -10.3% --
11/11/2016 11/11/16 Under Contract -- -- --
08/30/2016 08/30/16 For Rent $1,950 -- --
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 $16,696 $1,026,817 $0 $0
2022 $17,736 $898,048 $0 $0
2021 $24,982 $1,147,700 $550,000 $597,700
2020 $24,945 $1,163,000 $550,000 $613,000
2018 $22,140 $1,000,000 $550,000 $450,000
2017 $13,456 $603,389 $467,500 $135,889
2016 $16,735 $750,404 $440,000 $310,404
2015 $13,294 $785,800 $330,000 $455,800
2014 $13,294 $558,616 $345,000 $213,616
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 3729741

Unlock MLS (Austin Board of REALTORS®)

APN: 110378