NOT LISTED FOR SALE

Estimated Value: $725,000

8 Beds
8 Baths
4,124 Sq Ft
$176/Sq Ft Est. Value

Last Sold November 01, 2018

Current estimated payment $5,380/month

51 Days on Market

Highlights

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

About This Home

As of November 2018

Close-in 4-plex investment opportunity. Great new( a couple of years ago) school near by 2 bedroom, 2-bath units with fireplaces. Floor plans are great for renting! Market rents are $1100+ per unit. Tenants pay own utilities. The common water bill is prorated to and reimbursed by the tenants. It's a 4-plex community with an HOA. Look at the numbers on this one! Great opportunity!FEMA - Unknown Restrictions: Yes

Last Agent to Sell the Property

Tony Lazarov

Uptown Realty LLC License #0459968 Listed on: 08/07/2018

Last Buyer's Agent

Giuseppe Rizzi

One Real Estate License #0698686

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,631

Year Built

  • Built in 1982

Lot Details

  • 8,625 Sq Ft Lot
  • Lot Dimensions are 63 x 133
  • Level Lot
  • Mature Trees
  • Property is in average condition

HOA Fees

  • $285 Monthly HOA Fees

Home Design

  • Quadruplex
  • 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

Kitchen

  • Oven
  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Outdoor Features

  • Balcony
  • Porch

Schools

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

Utilities

  • Central Air
  • No Heating

Community Details

  • Association fees include cable TV, common area maintenance, trash, water
  • 4 Units
  • The Villas Association
  • Villas On Walnut Creek Subdivision

Listing and Financial Details

  • The owner pays for association fees, water
  • Assessor Parcel Number 02441101150000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,631

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
  • Year Built: 1982
  • Directions: North off Hwy 183 on Metric Blvd. Next right on W Rundberg Ln, then right on West Loop
  • Disclosures: See Remarks
  • Fencing: None
  • Fireplaces: 4
  • Levels: Two
  • Living Area: 4124
  • Special Listing Conditions: See Remarks
  • Estimated Taxes: 9631.00
  • Restrictions: City Restrictions,Deed Restrictions
  • Tax Exemptions: None
  • Unit Mix: 2/2
  • Special Features: None

Interior Features

  • View: None
  • Flooring: Carpet, Laminate, Tile
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Oven, Free-Standing Range, Refrigerator
  • Property Condition: Resale, See Remarks, Average
  • Security Features: Smoke Detector(s)
  • Spa Features: None
  • Dining Room Type: Living Room
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: Multiple Locations
  • Num Other Level Beds: 0

Beds/Baths

  • Full Bathrooms: 8
  • Bedrooms: 8

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
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Meter Description: Electric Separate,Gas Separate,Water Common

Condo/Co-op/Association

  • HOA Fee Includes: Cable TV, Common Area Maintenance, Trash, Water
  • Association Fee Frequency: Monthly
  • Association Fee: 285

Association/Amenities

  • Association Name: The Villas
  • Association: Yes
  • Community Features: None

Schools

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

Lot Info

  • Lot Features: Level, Trees-Large (Over 40 Ft)
  • Lot Size: 63 x 133
  • Parcel Number: 02441101150000
  • Lot Size Acres: 0.198
  • Lot Size Sq Ft: 8624.88
  • Subdivision Name: Villas On Walnut Creek
  • Crops: None

Rental Info

  • Furnished: Unfurnished
  • Owner Pays: Association Fees, Water
  • Total Actual Rent: 3970
  • Pets Allowed: No

Building Info

  • Construction Materials: Brick Veneer, Frame

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 9631
  • Tax Filled Sqft Total: 4124
  • Tax Rate: 2.21400000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2020
Sold by
1913 West Loop Llc
Bought by
Jia Zhikai
Total Days on Market
51
Current Estimated Value
$725,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,500
Outstanding Balance
$401,170
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$323,830

Purchase Details

Listed on
Aug 7, 2018
Closed on
Oct 26, 2018
Sold by
Gummadi Srinivas A and Reddy Karunakar P
Bought by
Jia Zhikai
Seller's Agent
Tony Lazarov
Uptown Realty LLC
Buyer's Agent
Giuseppe Rizzi
One Real Estate
List Price
$535
Sold Price
$500,100
Premium/Discount to List
$499,565
93376.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.75%
Original Mortgage
$375,075
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 1, 2017
Closed on
Jun 26, 2017
Sold by
James Irshad
Bought by
Gummadi Srivivas A and Reddy Karunaskar P
Seller's Agent
Gary Knippa
Knippa Properties
Buyer's Agent
Tony Lazarov
Uptown Realty LLC
List Price
$439,000
Sold Price
$435,000
Premium/Discount to List
-$4,000
-0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.88%
Original Mortgage
$303,750
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2016
Sold by
Ij Properties Llc
Bought by
James Irshad

Purchase Details

Closed on
Jan 12, 2006
Sold by
Young Jennifer Dupaix and Young Jered Mosiah
Bought by
Esquitin Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,300
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 14, 2004
Sold by
Fielding Troy
Bought by
Young Jennifer Dupaix

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,800
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2001
Sold by
Rosenblum Lewis R
Bought by
Fielding Troy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,705
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Jia Zhikai -- Independence Title Company
Jia Zhikai -- Independence Title Co
Gummadi Srivivas A -- Austin Title Co
James Irshad -- None Available
Esquitin Miguel -- Multiple
Young Jennifer Dupaix -- --
Fielding Troy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jia Zhikai $444,500
Previous Owner Jia Zhikai $375,075
Previous Owner Gummadi Srivivas A $303,750
Previous Owner Esquitin Miguel $181,300
Previous Owner Esquitin Miguel $51,800
Previous Owner Young Jennifer Dupaix $188,800
Previous Owner Fielding Troy $150,705
Closed Young Jennifer Dupaix $47,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2018 11/01/18 Sold -- -- --
09/27/2018 09/27/18 Pending -- -- --
09/17/2018 09/17/18 Price Changed $525,000 -1.9% $127 / Sq Ft
08/07/2018 08/07/18 Price Changed $535,000 +99900.0% $130 / Sq Ft
08/07/2018 08/07/18 For Sale $535 -99.9% $0 / Sq Ft
06/26/2017 06/26/17 Sold -- -- --
05/05/2017 05/05/17 Pending -- -- --
05/01/2017 05/01/17 For Sale $439,000 -- $106 / 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 $12,523 $692,139 $275,000 $417,139
2022 $15,441 $781,836 $275,000 $506,836
2021 $13,596 $624,620 $125,000 $499,620
2020 $10,752 $501,267 $125,000 $376,267
2018 $9,631 $435,000 $125,000 $310,000
2017 $8,933 $390,000 $75,000 $315,000
2016 $8,575 $384,490 $60,000 $324,490
2015 $3,855 $250,100 $20,000 $230,100
2014 $3,855 $162,000 $20,000 $142,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2522986

Unlock MLS (Austin Board of REALTORS®)

APN: 250052