NOT LISTED FOR SALE

1905 Margalene Way Austin, TX 78728

Wells Branch Neighborhood

Estimated Value: $489,000 - $498,054

-- Bed
4 Baths
1,936 Sq Ft
$255/Sq Ft Est. Value

Last Sold September 16, 2016

Current estimated payment $3,722/month

7 Days on Market

Highlights

  • 2 Fireplaces
  • Home Office
  • 1-Story Property
  • No HOA
  • Living Room
  • Laundry in multiple locations

About This Home

As of September 2016

Stunning contemporary renovation in desirable Wells Branch area on one of the only streets of duplexes in the area. Renovations are happening all around and the neighborhood is seeing new homeowners every week. Live in one side with all of the modern amenities and rent the other side for $1400/mo, paying a big chunk of your mortgage. Or, investors, get $2800/mo in cash flow in an area that always has waiting lists for new tenants.

Last Agent to Sell the Property

Adrienne Laosa

Treaty Oak Property Management License #0616163 Listed on: 08/31/2016

Last Buyer's Agent

Heather Guerin

Guerin Property Services, Inc License #0568890

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,765

Year Built

  • Built in 1984

Lot Details

  • 8,625 Sq Ft Lot
  • Privacy Fence
  • Wood Fence

Parking

  • 2 Covered Spaces

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • 1,936 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Family Room
  • Living Room
  • Home Office

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Laundry

  • Laundry in multiple locations
  • Washer and Dryer Hookup

Schools

  • Northwest Elementary School
  • Westview Middle School
  • John B Connally High School

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Separate Water Meter

Community Details

  • No Home Owners Association
  • 2 Units
  • Wells Branch Ph C Sec 03 Subdivision

Listing and Financial Details

  • Down Payment Assistance Available
  • Assessor Parcel Number 02682010110000
  • 3% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,765

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Building Area Total: 1936.00
  • Restrictions: None
  • Unit Mix: 3/2
  • Year Built: 1984
  • Directions: From Mopac Service road turn right onto Wells Branch Pkwy, left onto Surrender Ave, then right at the 1st cross onto Margalene Way. Property on right.
  • Disclosures: Owner/Agent
  • Estimated Taxes: 5392.00
  • FEMA Flood Plain: No
  • Fencing: Privacy, Wood
  • Fireplaces: 2
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1936.00
  • Other Equipment: Dryer Connections, Washer Hookup
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Laundry Location: Multiple Locations
  • View: None
  • Flooring: Carpet, Vinyl
  • Accessibility Features: None
  • Appliances: Dishwasher, Free-Standing Range, Refrigerator
  • Property Condition: Resale, 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

  • Total Covered Spaces: 2.00
  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Heating: Central
  • Meter Description: Electric Separate, Gas Separate, Water Separate
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • School District: Pflugerville ISD
  • School District: Pflugerville ISD
  • Elementary School: Northwest
  • Middle School: Westview
  • High School: John B Connally
  • Elementary School: Northwest
  • High School: John B Connally
  • Middle/Junior School: Westview

Lot Info

  • Lot Features: Public Maintained Road
  • Parcel Number: 02682010110000
  • Lot Size Acres: 0.1980
  • Lot Size Sq Ft: 8624.88
  • Subdivision Name: Wells Branch Ph C Sec 03

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No

Building Info

  • Construction Materials: Brick Veneer, HardiPlank Type

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Filled Sqft Total: 1936
  • Tax Rate: 2.56048000000000
  • Tax Year: 2016
  • Tax Annual Amount: 4765.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2016
Closed on
Sep 16, 2016
Sold by
Kensington Peavy Llc
Bought by
Avenue Investment Group Llc
Seller's Agent
Adrienne Laosa
Treaty Oak Property Management
Buyer's Agent
Heather Guerin
Guerin Property Services, Inc
List Price
$329,900
Sold Price
$329,900
Total Days on Market
7
Current Estimated Value
$493,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,627
Avg. Annual Appreciation
4.72%

Purchase Details

Closed on
Jun 29, 2016
Sold by
Golanian Roubik
Bought by
Kensington Peavy Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
3.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2007
Sold by
Hahn Joon
Bought by
Golanian Roubik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,675
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2005
Sold by
Emeribe Godfrey
Bought by
Hahn Joon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,200
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2000
Sold by
Gauny Jean I
Bought by
Emeribe Godfrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,100
Interest Rate
11%

Purchase Details

Closed on
Aug 28, 2000
Sold by
Gauny Ronnie D
Bought by
Gauny Jean I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,225
Interest Rate
8.15%

Purchase Details

Closed on
Feb 5, 1997
Sold by
Bfd Corp
Bought by
Gauny Ronnie Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,225
Interest Rate
7.64%
Mortgage Type
VA

Purchase Details

Closed on
Oct 3, 1996
Sold by
Boyd Louis J and Boyd Wendy
Bought by
B F D Corp
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
Avenue Investment Group Llc -- None Available
Kensington Peavy Llc -- It
Golanian Roubik -- Itc
Hahn Joon -- --
Emeribe Godfrey -- --
Gauny Jean I -- --
Gauny Ronnie Dean -- --
B F D Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kensington Peavy Llc $198,000
Previous Owner Golanian Roubik $141,675
Previous Owner Golanian Roubik $28,300
Previous Owner Hahn Joon $137,200
Previous Owner Emeribe Godfrey $152,000
Previous Owner Emeribe Godfrey $143,100
Previous Owner Gauny Jean I $131,225
Previous Owner Gauny Ronnie Dean $131,225
Closed Hahn Joon $25,725
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2016 09/16/16 Sold -- -- --
09/07/2016 09/07/16 Pending -- -- --
08/31/2016 08/31/16 For Sale $329,900 -- $170 / 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 $13,231 $706,851 $275,000 $431,851
2022 $15,271 $738,108 $275,000 $463,108
2021 $9,116 $388,400 $75,000 $313,400
2020 $7,150 $298,200 $75,000 $223,200
2018 $7,054 $282,605 $75,000 $207,605
2017 $7,659 $303,745 $75,000 $228,745
2016 $5,310 $210,581 $40,000 $170,581
2015 $4,792 $186,090 $40,000 $146,090
2014 $4,792 $186,716 $40,000 $146,716
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Adrienne Laosa

    Treaty Oak Property Management

    (512) 504-7414

    Adrienne Laosa
    Section Image

  • H

    Buyer's Agent in 2016

    Heather Guerin

    Guerin Property Services, Inc

    (512) 992-9963

    Heather Guerin
    Section Image
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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 7236696

Unlock MLS (Austin Board of REALTORS®)

APN: 272650

Texas Travis County Austin 78728 Wells Branch

1905 Margalene Way, Austin, TX

This home is located at 1905 Margalene Way, Austin, TX 78728 since 31 August 2016 and is currently estimated at $493,527, approximately $254 per square foot. This property was built in 1984. 1905 Margalene Way is a home located in Travis County with nearby schools including Northwest Elementary School, Westview Middle School, and John B Connally High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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