$439,000
SOLD JUN 26, 2017
Last list price
-- Bed
-- Bath
4,124 Sq Ft
8,625 Sq Ft Lot

Recently Sold

$106 Per Sq Ft

4 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. 2 bedroom, 2-bath units with fireplaces. Floorplans are good for renting! All units are leased. 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!FEMA - Unknown Restrictions: Yes

Last Agent to Sell the Property

Gary Knippa

Knippa Properties License #0198396 Listed on: 05/01/2017

Last Buyer's Agent

Tony Lazarov

Uptown Realty LLC License #0459968

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,523

Year Built

  • Built in 1982

Lot Details

  • 8,625 Sq Ft Lot
  • Lot Dimensions are 63 x 133
  • 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
  • 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, water
  • 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

  • Assessor Parcel Number 02441101150000
  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,523

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: City Restrictions, Deed Restrictions
  • Unit Mix: 2/2
  • Year Built: 1982
  • Directions: North off Hwy 183 on Metric Blvd. Next right on W Rundberg Ln, then right on West Loop
  • Estimated Taxes: 3855.00
  • Fencing: None
  • Fireplaces: 4
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 4124.00
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • 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, Gas 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, Water
  • Association Fee Frequency: Monthly
  • Association Fee: 285.00

Association/Amenities

  • Association Name: The Villas
  • 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, Trees-Large (Over 40 Ft)
  • Lot Size: 63 x 133
  • Parcel Number: 02441101150000
  • Lot Size Acres: 0.1980
  • Lot Size Sq Ft: 8624.88
  • Subdivision Name: Villas On Walnut Creek

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 3740.00
  • 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
Dec 18, 2020
Sold by
1913 West Loop Llc
Bought by
Jia Zhikai
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

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 Type Sale Price Title Company
Warranty Deed -- Independence Title Company
Vendors Lien -- Independence Title Co
Vendors Lien -- Austin Title Co
Interfamily Deed Transfer -- None Available
Vendors Lien -- Multiple
Vendors Lien -- --
Vendors Lien -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $444,500 New Conventional
Previous Owner $375,075 New Conventional
Previous Owner $303,750 New Conventional
Previous Owner $181,300 Fannie Mae Freddie Mac
Previous Owner $51,800 Stand Alone Second
Previous Owner $188,800 Purchase Money Mortgage
Previous Owner $150,705 Purchase Money Mortgage
Closed $47,200 No Value Available
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: 8206990

Unlock MLS (Austin Board of REALTORS®)

APN: 250052