NOT LISTED FOR SALE

Estimated Value: $1,988,000 - $2,177,866

2 Beds
2 Baths
1,918 Sq Ft
$1,086/Sq Ft Est. Value

Last Sold December 01, 2021

Current estimated payment $15,553/month

About This Home

As of December 2021

Fully furnished spacious 2BR/2BA residence in the highly desired NW corner of the Austonian available for lease, January 1, 2023 with $10,000/month. The Austonian, an exclusive and world-class community located in the heart of downtown Austin with Austin’s finest restaurants and entertainment within walking distance. Amenities at the Austonian are unbeatable and include: 24/7 Concierge, Valet Parking, 75-Foot Saltwater Lap Pool, Saltwater Spa, Luxury Cabanas, two Outdoor Kitchens, Outdoor Fireplace, Cardio & Strength Fitness Center with Peloton Bikes, Yoga & Pilates Studio, Billiard and Game Room, Private Spa & Treatment Rooms, Dog Park & Indoor Pet Grooming Room, Library, Movie Theater, 12-person Conference Room, Austonian Club Event Floor, Wine Cellar, Guest Suites, Dry Cleaning & Laundry Service, Housekeeping Services. In addition to the Austonian’s world-class services and amenities, 40E also conveys with two parking spaces and storage unit. Location is extraordinary – with breath taking views and coveted centrality. Kitchen features Miele range, K20 dishwasher, built-in coffee maker, large pantry and wine cooler. It includes reinforced, double soundproofed windows and fully soundproof walls in the primary bedroom, storage built-ins, two built-in Subzero wine coolers, automatic blinds and remotes. Security deposit payable upon lease approval. All rent payable in advance prior to occupancy. Pets’ negotiable with breed and size restrictions. 12-24 month lease. 24 Hour Advance Showing Notice.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2021
Closed on
Nov 30, 2021
Sold by
Blue Adam David and Blue Alexa Celeste
Bought by
Mohan Sanjeev
Seller's Agent
Trey Phillips
Moreland Properties
Buyer's Agent
Madan Mohan
OSMRealEstate
List Price
$2,450,000
Sold Price
$2,125,000
Premium/Discount to List
-$325,000
-13.27%
Current Estimated Value
$2,082,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,067
Avg. Annual Appreciation
-0.56%
Original Mortgage
$1,593,750
Outstanding Balance
$1,471,462
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$611,471

Purchase Details

Listed on
Feb 13, 2019
Closed on
Mar 20, 2019
Sold by
Davis John Robert
Bought by
Blue Adam David and Blue Alexa Celeste
Seller's Agent
Eric Moreland
Moreland Properties
Buyer's Agent
Jake Joseph
Compass RE Texas, LLC
List Price
$2,150,000
Sold Price
$2,045,000
Premium/Discount to List
-$105,000
-4.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.43%

Purchase Details

Listed on
Jan 25, 2016
Closed on
Jan 26, 2017
Sold by
Jacobs Andrew F and Jacobs Karen C
Bought by
Davis John Robert
Seller's Agent
Eric Moreland
Moreland Properties
Buyer's Agent
Non Member
Non Member
List Price
$2,195,000
Sold Price
$1,985,000
Premium/Discount to List
-$210,000
-9.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.39%
Original Mortgage
$1,285,000
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 6, 2010
Sold by
Second Congress Ltd
Bought by
Jacobs Andrew F and Jacobs Karen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
4.69%
Mortgage Type
Commercial
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
Mohan Sanjeev -- None Listed On Document
Blue Adam David -- None Available
Davis John Robert -- None Available
Jacobs Andrew F -- Itc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mohan Sanjeev $1,593,750
Previous Owner Davis John Robert $1,285,000
Previous Owner Jacobs Andrew F $790,000
Previous Owner Jacobs Andrew F $800,000
Previous Owner Jacobs Andrew F $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2023 03/29/23 Rented $10,000 0.0% --
03/28/2023 03/28/23 Under Contract -- -- --
10/25/2022 10/25/22 For Rent $10,000 0.0% --
12/01/2021 12/01/21 Sold -- -- --
10/21/2021 10/21/21 Pending -- -- --
08/16/2021 08/16/21 For Sale $2,450,000 +14.0% $1,277 / Sq Ft
03/20/2019 03/20/19 Sold -- -- --
03/13/2019 03/13/19 Pending -- -- --
02/13/2019 02/13/19 For Sale $2,150,000 +2.6% $1,121 / Sq Ft
01/26/2017 01/26/17 Sold -- -- --
12/20/2016 12/20/16 Pending -- -- --
05/26/2016 05/26/16 Price Changed $2,095,000 -4.6% $1,092 / Sq Ft
01/25/2016 01/25/16 For Sale $2,195,000 -- $1,144 / Sq Ft

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 $47,922 $2,632,430 $79,146 $2,553,284
2022 $42,806 $2,167,500 $55,402 $2,112,098
2021 $42,791 $1,965,900 $55,403 $1,910,497
2020 $43,863 $2,045,000 $55,403 $1,989,597
2018 $44,500 $2,009,962 $36,408 $1,973,554
2017 $42,112 $1,888,295 $36,408 $1,851,887
2016 $39,830 $1,786,000 $31,659 $1,754,341
2015 $36,127 $1,929,000 $30,836 $1,898,164
2014 $36,127 $1,518,059 $30,836 $1,487,223
Source: Public Records

Agents Affiliated with this Home

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