NOT LISTED FOR SALE

Estimated Value: $660,147 - $711,000

-- Bed
8 Baths
4,124 Sq Ft
$166/Sq Ft Est. Value

Last Sold May 12, 2016

Current estimated payment $5,032/month

4 Days on Market

Highlights

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

About This Home

As of May 2016

Fourplex in quiet well-located community. Large 2/2 floor plan, under market rents w/long-term tenants, comps in area rent over 1k/mo. Owner pays HOA for share of water but billed back to tenants. HOA maintains lawns & common areas, dues cover basic cable, trash collection & yard maintenance. Great location close to shops/restaurants in exploding N. Burnet next to new AISD elementary.FEMA - Unknown Restrictions: Yes

Last Agent to Sell the Property

Gerald Bodie

Austainable Properties License #0542246 Listed on: 03/14/2016

Last Buyer's Agent

Tony Lazarov

Uptown Realty LLC License #0459968

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,743

Year Built

  • Built in 1982

Lot Details

  • 8,451 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Level Lot
  • Mature Trees

HOA Fees

  • $285 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
  • Family Room
  • Living Room

Kitchen

  • Oven
  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Laundry

  • Laundry in multiple locations
  • Electric Dryer Hookup

Accessible Home Design

  • No Interior Steps
  • Stepless Entry

Outdoor Features

  • Balcony
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Shared Water Meter
  • High Speed Internet

Community Details

  • Association fees include cable TV, common area maintenance, landscaping, trash, water
  • 4 Units
  • Villas On Walnut HOA
  • 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 02441101170000
  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,743

Year Built

Built in 1982

Lot Details

0

HOA Fees

$285 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: Going West on 183, Exit Braker, RT on Metric, RT on Rundbert, RT on West Loop
  • Estimated Taxes: 5743.00
  • Fencing: Privacy, Wood
  • Fireplaces: 4
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 4124.00
  • New Loan Amount: 285750
  • Other Equipment: Dryer Connections, Electric Dryer Hookup
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Title: Seller
  • Special Features: None

Interior Features

  • Interior Amenities: High Speed Internet, No Interior Steps
  • Laundry Location: Multiple Locations
  • View: None
  • Flooring: Carpet, Tile, Wood
  • Accessibility Features: None
  • Appliances: Dishwasher, Oven, Free-Standing Range, Refrigerator
  • Property Condition: Resale, See Remarks
  • Security Features: None
  • Spa Features: None

Exterior Features

  • Exterior Features: Balcony, Exterior Steps, No Exterior Steps
  • 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
  • Heating: Central, Electric
  • 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, Landscaping, Trash, Water
  • Association Fee Frequency: Monthly
  • Association Fee: 285.00

Association/Amenities

  • Association Name: Villas on Walnut HOA
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: None

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, Private, Trees-Large (Over 40 Ft)
  • Lot Size: 0.1942
  • Parcel Number: 02441101170000
  • Lot Size Acres: 0.1940
  • Lot Size Sq Ft: 8450.64
  • Subdivision Name: Villas On Walnut Creek

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 3325.00
  • 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: 2.29610000000000
  • Tax Year: 2015
  • Tax Annual Amount: 5743.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2016
Closed on
May 9, 2016
Sold by
Engledow Trenton W
Bought by
Chintharlapalli Sudhakar and Papineni Sabitha
Seller's Agent
Gerald Bodie
Austainable Properties
Buyer's Agent
Tony Lazarov
Uptown Realty LLC
List Price
$400,000
Sold Price
$384,250
Premium/Discount to List
-$15,750
-3.94%
Current Estimated Value
$685,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,324
Avg. Annual Appreciation
6.56%
Original Mortgage
$285,750
Outstanding Balance
$230,278
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$455,296

Purchase Details

Listed on
Jan 11, 2012
Closed on
Mar 9, 2012
Sold by
Bank Of America Na
Bought by
Engledow Trenton W
Seller's Agent
Tom Richardson
RE/MAX Austin Skyline
Buyer's Agent
Gerald Bodie
Austainable Properties
List Price
$129,900
Sold Price
$165,000
Premium/Discount to List
$35,100
27.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.47%

Purchase Details

Closed on
Oct 13, 2011
Sold by
Federal National Mortgage Association
Bought by
Bac Home Loans Servicing Lp and Countrywide Home Loans Servicing Lp

Purchase Details

Closed on
Jul 6, 2010
Sold by
Kalberer Martin and Kalberer Elina
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 23, 2007
Sold by
Simpson Glen W and Simpson Kim O
Bought by
Kalberer Elina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,400
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2001
Sold by
Wilson Erik
Bought by
Simpson Glen W and Simpson Kim O

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
6.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 1997
Sold by
Furry David J
Bought by
Wilson Erik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,200
Interest Rate
7.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 1994
Sold by
Ruehl Rick
Bought by
Furry David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,951
Interest Rate
7.76%
Mortgage Type
FHA
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
Chintharlapalli Sudhakar -- Cot
Engledow Trenton W -- Lsi Title Agency Inc
Bac Home Loans Servicing Lp -- First American Equity Loan S
Federal National Mortgage Association $260,555 None Available
Kalberer Elina -- First American Title
Simpson Glen W -- Gracy Title
Wilson Erik -- --
Furry David J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chintharlapalli Sudhakar $285,750
Previous Owner Kalberer Elina $234,400
Previous Owner Simpson Glen W $148,000
Previous Owner Simpson Glen W $84,000
Previous Owner Simpson Glen W $110,000
Previous Owner Wilson Erik $133,200
Previous Owner Furry David J $115,951
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2016 05/12/16 Sold -- -- --
03/18/2016 03/18/16 Pending -- -- --
03/14/2016 03/14/16 For Sale $400,000 +207.9% $97 / Sq Ft
03/12/2012 03/12/12 Sold -- -- --
01/19/2012 01/19/12 Pending -- -- --
01/11/2012 01/11/12 For Sale $129,900 -- $31 / 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 $11,008 $608,457 $275,000 $333,457
2022 $14,149 $716,434 $275,000 $441,434
2021 $11,808 $542,497 $125,000 $417,497
2020 $9,279 $432,600 $125,000 $307,600
2018 $9,134 $412,550 $125,000 $287,550
2017 $8,225 $368,825 $75,000 $293,825
2016 $7,966 $357,182 $60,000 $297,182
2015 $4,717 $250,100 $20,000 $230,100
2014 $4,717 $236,482 $20,000 $216,482
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 6221952

Unlock MLS (Austin Board of REALTORS®)

APN: 250054