NOT LISTED FOR SALE

Estimated Value: $618,440 - $1,097,000

Studio
8 Baths
4,124 Sq Ft
$193/Sq Ft Est. Value

Sale Details

Date Sold: October 27, 2015

Current estimated payment $5,674 / mo

32 Days on Market

Highlights

  • Mature Trees
  • Balcony
  • Living Room
  • 4 Fireplaces
  • Porch
  • Tile Flooring

About This Home

As of October 2015

**ONLY BUILDING LEFT IN BUNDLE! All buildings have had recent facia replaced and gutters installed. No carpet in any units. Well landscaped and ready for a new owner. Current rents are $850 plus. Owner pays water but is allocated back to tenants with sub-meters installed. Great location in booming Burnet area!FEMA - Unknown Restrictions: Yes

Last Agent to Sell the Property

Brent Bockholt

Austin Property Team License #0578500 Listed on: 08/13/2015

Last Buyer's Agent

Mark Kolbensvik

Central Metro Realty License #0615287

Central Metro Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • 8,625 Sq Ft Lot
  • Lot Dimensions are 63 x 133
  • Level Lot
  • Mature Trees

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 4,124 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 4 Fireplaces
  • Living Room
  • Fire and Smoke Detector
  • Laundry in multiple locations

Kitchen

  • Oven
  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Outdoor Features

  • Balcony
  • Porch

Schools

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

Utilities

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

Community Details

  • Association fees include cable TV, common area maintenance, trash
  • $400 HOA Transfer Fee
  • 4 Units
  • The Villas Association
  • Villas On Walnut Creek Subdivision
  • Mandatory home owners association
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Down Payment Assistance Available
  • Assessor Parcel Number 02441101210000
  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

8,625 Sq Ft Lot

HOA Fees

$275 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Building Area Total: 4124.00
  • Restrictions: Deed Restrictions
  • Unit Mix: 2/2
  • Year Built: 1982
  • Directions: North Lamar, right on Rundberg, L @ Vilas on Walnut Creek Sign, Rt on West Loop, go to the end of the street on left.
  • Disclosures: Owner/Agent
  • Estimated Taxes: 3855.00
  • Fencing: None
  • Fireplaces: 4
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 4124.00
  • New Loan Amount: 333485
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Title: Seller
  • Special Features: None

Interior Features

  • Laundry Location: Multiple Locations
  • View: None
  • Flooring: Carpet, Laminate, Tile
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Oven, Free-Standing Range, Refrigerator
  • Property Condition: Resale, See Remarks
  • Security Features: Smoke Detector(s)
  • Spa Features: None

Exterior Features

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

Garage/Parking

  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available
  • Heating: None
  • Meter Description: Electric Separate, Water Common
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Cable TV, Common Area Maintenance, Trash
  • Association Fee Frequency: Monthly
  • Association Fee: 275.00

Association/Amenities

  • Management Company: Owners
  • Association Name: The Villas
  • Requirement: Mandatory
  • Association Transfer Fee: 400
  • Association: Yes
  • Community Features: None

Schools

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

Lot Info

  • Lot Features: Level, Trees-Large (Over 40 Ft)
  • Lot Size: 63 x 133
  • Parcel Number: 02441101210000
  • Lot Size Acres: 0.1980
  • Lot Size Sq Ft: 8624.88
  • Subdivision Name: Villas On Walnut Creek

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 3317.00
  • Pets Allowed: No

Building Info

  • Construction Materials: Brick Veneer, Frame

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Filled Sqft Total: 4124
  • Tax Rate: 2.37980000000000
  • Tax Year: 2014
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2019
Sold by
Padakanti Bhuvan and Padakanti Sreedhar
Bought by
Khan Faraz Kishwar
Current Estimated Value
$796,610

Purchase Details

Closed on
Mar 11, 2017
Sold by
Padakanti Sampath
Bought by
Padakanti Bhuvan

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
4.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 13, 2015
Closed on
Oct 22, 2015
Sold by
Bessi Llc
Bought by
Padakanti Sampath
Seller's Agent
Brent Bockholt
Austin Property Team
Buyer's Agent
Mark Kolbensvik
Central Metro Realty
List Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.34%
Original Mortgage
$333,485
Interest Rate
3.94%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 29, 2015
Sold by
Bockholt Brent and Bockholt Susan
Bought by
Bessi Llc

Purchase Details

Closed on
Feb 6, 2006
Sold by
Brewster Mark Alan
Bought by
Bockholt Brent and Bockholt Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
6.18%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Khan Faraz Kishwar -- None Available
Padakanti Bhuvan -- None Available
Padakanti Sampath -- Itc
Bessi Llc -- None Available
Bockholt Brent -- Alamo Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Padakanti Bhuvan $311,250
Previous Owner Padakanti Sampath $333,485
Previous Owner Bockholt Brent $176,250
Closed Bessi Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2015 10/27/15 Sold -- -- --
09/14/2015 09/14/15 Pending -- -- --
08/13/2015 08/13/15 For Sale $375,000 -- $91 / Sq Ft
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 $13,310 $650,392 $214,435 $435,957
2023 $13,885 $699,571 $275,000 $424,571
2022 $15,935 $806,871 $275,000 $531,871
2021 $13,568 $623,324 $125,000 $498,324
2020 $10,871 $506,847 $125,000 $381,847
2018 $10,647 $480,888 $125,000 $355,888
2017 $8,729 $391,431 $75,000 $316,431
2016 $8,476 $380,045 $60,000 $320,045
2015 $4,522 $217,137 $20,000 $197,137
2014 $4,522 $190,000 $20,000 $170,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 5705864

Unlock MLS (Austin Board of REALTORS®)

APN: 250059

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