NOT LISTED FOR SALE

Estimated Value: $677,000

-- Bed
4 Baths
3,120 Sq Ft
$217/Sq Ft Est. Value

Last Sold November 13, 2017

Current estimated payment $4,680/month

223 Days on Market

Highlights

  • 0.46 Acre Lot
  • No HOA
  • Laundry in multiple locations
  • Mature Trees
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of November 2017

New exterior paint! Showings with approved offer, please don't disturb tenants, long term tenants. Fully leased fourplex in great central location, close to shopping malls and mayor highways, about 8 miles from UT. This property sits on a 0.456 acre lot, could be possible to add units. 10 parking spaces, 2 per unit and 2 extra ones. Location location location!FEMA - Unknown

Last Agent to Sell the Property

Karina Martinez

Alejandro Realty License #0519578 Listed on: 01/20/2017

Last Buyer's Agent

Lee Idom

JPAR Austin License #0653936

JPAR Austin

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,976

Year Built

  • Built in 1981

Lot Details

  • 0.46 Acre Lot
  • Wrought Iron Fence
  • Chain Link Fence
  • Level Lot
  • Mature Trees
  • Wooded Lot

Parking

  • Assigned Parking

Home Design

  • Slab Foundation
  • Composition Roof
  • Masonry Siding

Interior Spaces

  • 3,120 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Tile Flooring

Kitchen

  • Free-Standing Range
  • Disposal

Laundry

  • Laundry in multiple locations
  • Washer and Gas Dryer Hookup

Schools

  • Padron Elementary School
  • Burnet Middle School
  • Navarro Early College High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Separate Meters
  • Underground Utilities
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Down Payment Assistance Available
  • Legal Lot and Block 1 / A
  • Assessor Parcel Number 02431002230000
  • 2% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Colony Creek Add Subdivision

Amenities

  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,976

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Building Area Total: 3120.00
  • Restrictions: None
  • Unit Mix: 2/1
  • Year Built: 1981
  • Directions: From North Austin, take 183 S, exit Payton Gin, turn left on Payton Gin, turn left on Galewood Dr., turn left on Colony Creek, property on your right.
  • Disclosures: Familial Relation
  • Estimated Taxes: 6651.00
  • ETJ Extra Territorial Jurdn: No
  • Fencing: Chain Link, Fenced, Wrought Iron
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 3120.00
  • Other Equipment: Dryer Connections, Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Laundry Location: Multiple Locations
  • View: None
  • Flooring: Tile
  • Accessibility Features: None
  • Appliances: Disposal, Exhaust Fan, Free-Standing Range, Refrigerator, Water Heater-Gas
  • 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: Assigned

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Underground Utilities
  • Heating: Central
  • Meter Description: Electric Separate, Gas Separate, Water Separate
  • Water Source: Public
  • Cooling: Central Air

Association/Amenities

  • Association: No
  • Community Features: Storage

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Padron
  • Middle School: Burnet (Austin ISD)
  • High School: Navarro Early College
  • Elementary School: Padron
  • High School: Navarro Early College
  • Middle/Junior School: Burnet (Austin ISD)

Lot Info

  • Lot Features: Level, Trees-Large (Over 40 Ft), Trees-Moderate
  • Lot Size: 0.456
  • Parcel Number: 02431002230000
  • Lot Size Acres: 0.4560
  • Lot Size Sq Ft: 19863.36
  • Subdivision Name: Colony Creek Add

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 4000.00
  • Pets Allowed: No

Building Info

  • Building Features: Storage
  • Construction Materials: Masonry – Partial

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Block: A
  • Tax Filled Sqft Total: 3120
  • Tax Lot: 1
  • Tax Rate: 2.29608000000000
  • Tax Year: 2016
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2017
Closed on
Jan 1, 2018
Sold by
Robertson Colby J
Bought by
1728 Colony Creek Llc
Seller's Agent
Karina Martinez
Alejandro Realty
Buyer's Agent
Lee Idom
JPAR Austin
List Price
$449,900
Current Estimated Value
$677,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.21%
Original Mortgage
$309,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 20, 2017
Closed on
Nov 13, 2017
Sold by
Velez Louis
Bought by
Robertson Colby
Seller's Agent
Karina Martinez
Alejandro Realty
Buyer's Agent
Lee Idom
JPAR Austin
List Price
$449,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2006
Sold by
Gullekson Keren R
Bought by
Velez Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 1998
Sold by
Provost R
Bought by
Gullekson Keren R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,100
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
1728 Colony Creek Llc -- None Available
Robertson Colby -- None Available
Velez Louis -- Commonwealth Land Title
Gullekson Keren R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robertson Colby $309,000
Previous Owner Velez Louis $170,000
Previous Owner Velez Louis $21,250
Previous Owner Gullekson Keren R $95,000
Previous Owner Gullekson Keren R $91,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2017 11/13/17 Sold -- -- --
08/31/2017 08/31/17 Pending -- -- --
08/16/2017 08/16/17 For Sale $449,900 0.0% $144 / Sq Ft
03/20/2017 03/20/17 Off Market -- -- --
01/20/2017 01/20/17 For Sale $449,900 -- $144 / 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 $11,976 $580,737 $221,184 $359,553
2023 $10,333 $612,118 $272,250 $339,868
2022 $12,688 $553,000 $272,250 $280,750
2021 $10,106 $464,284 $123,750 $340,534
2020 $8,434 $393,224 $123,750 $269,474
2018 $8,397 $379,262 $123,750 $255,512
2017 $6,727 $301,645 $74,250 $227,395
2016 $6,460 $289,673 $59,400 $230,273
2015 $3,959 $197,606 $19,800 $177,806
2014 $3,959 $166,379 $19,800 $146,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 4173165

Unlock MLS (Austin Board of REALTORS®)

APN: 248742