NOT LISTED FOR SALE

Estimated Value: $639,000 - $761,000

Studio
8 Baths
4,124 Sq Ft
$172/Sq Ft Est. Value

Last Sold September 16, 2020

Current estimated payment $5,204/month

2 Days on Market

Highlights

  • Wooded Lot
  • Laundry in multiple locations
  • Wood Fence
  • 4 Fireplaces
  • High Speed Internet
  • Level Lot

About This Home

As of September 2020

Fully leased fourplex in Villas on Walnut Creek located minutes from The Domain, The Arboretum, popular retail/restaurant districts, major employers and transit corridors. Professionally managed, each unit has 2 bedrooms and 2 full baths with washer/dryers in unit, ample parking, a large backyard, and spare storage. Staggered expiration of leases with total rents of $4,235. Contact agent for further details.Restrictions: Yes

Last Agent to Sell the Property

Matthew Ditlow

Kuper Sotheby's Int'l Realty License #0551588 Listed on: 08/09/2020

Kuper Sotheby's Int'l Realty

Co-Listed By

Barbara Ditlow

Barbara Ditlow, Broker License #0549356

Last Buyer's Agent

Christa Johnson

eXp Realty, LLC License #0721184

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • 8,368 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Wooded Lot

HOA Fees

  • $305 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 4,124 Sq Ft Home
  • 2-Story Property
  • 4 Fireplaces
  • Laundry in multiple locations

Schools

  • Padron Elementary School
  • Burnet Middle School
  • Lanier High School

Utilities

  • No Heating
  • High Speed Internet

Community Details

  • 4 Units
  • Villas At Walnut Cre Association
  • 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
  • Legal Lot and Block 8 / B
  • Assessor Parcel Number 02441101080000
  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

8,368 Sq Ft Lot

HOA Fees

$305 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: From Research Blvd, right onto Metric Blvd. Right onto W Rundberg Ln. Right onto West Loop. Apartment complex will be on the right.
  • Disclosures: See Remarks
  • Estimated Taxes: 9545.00
  • FEMA Flood Plain: No
  • Fencing: Fenced, Wood
  • Fireplaces: 4
  • Guest Accommodation Description: None
  • Home Sale Contingency: No
  • 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
  • Accessibility Features: None
  • 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

  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Internet-Cable, Phone Connected
  • Heating: None
  • Meter Description: See Remarks
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Includes: See Remarks
  • Association Fee Frequency: Monthly
  • Association Fee: 305.00

Association/Amenities

  • Association Name: Villas at Walnut Cre
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: None

Schools

  • School District: Austin ISD
  • Elementary School: Padron
  • High School: Lanier
  • Middle/Junior School: Burnet (Austin ISD)

Lot Info

  • Lot Features: Level, Trees-Medium (20 Ft - 40 Ft)
  • Special Assessment: No
  • Parcel Number: 02441101080000
  • Lot Size Acres: 0.1920
  • Lot Size Sq Ft: 8368.00
  • Subdivision Name: Villas On Walnut Creek

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 4235.00
  • Pets Allowed: No

Building Info

  • Construction Materials: Brick Veneer, Frame

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Block: B
  • Tax Filled Sqft Total: 4124
  • Tax Lot: 8
  • Tax Rate: 2.14490000000000
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2020
Closed on
Sep 15, 2020
Sold by
Borja Patrick and Sanguinetti Diego
Bought by
Tupakula Subbi Reddy and Challa Kranthi
Seller's Agent
Matthew Ditlow
Kuper Sotheby's Int'l Realty
Buyer's Agent
Christa Johnson
eXp Realty, LLC
List Price
$615,000
Current Estimated Value
$708,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.57%
Original Mortgage
$487,587
Outstanding Balance
$431,899
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$276,433

Purchase Details

Closed on
Jan 31, 2018
Sold by
Dorev Properties Llc
Bought by
Borja Patrick and Sanguinetti Diego

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,750
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2016
Sold by
Brish Eldor
Bought by
Dorev Properties Llc

Purchase Details

Closed on
Oct 5, 2015
Sold by
Bessi Llc
Bought by
Brish Eldor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,295
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2015
Sold by
Bockholt Susan and Bockholt Brent
Bought by
Bessi Llc

Purchase Details

Closed on
Aug 30, 2007
Sold by
Hughes Tilton L
Bought by
Bockholt Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 2003
Sold by
Wilson Erik W
Bought by
Hughes Tilton L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 1998
Sold by
Merkle Matthew C
Bought by
Wilson Erik W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Interest Rate
6.87%

Purchase Details

Closed on
Jul 12, 1996
Sold by
Decker Timothy K and Decker Terry S
Bought by
Merkle Matthew C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,850
Interest Rate
8.33%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 6, 1995
Sold by
Brown William R and Brown Janice A
Bought by
Decker Timothy K and Decker Terry S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,400
Interest Rate
9.04%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tupakula Subbi Reddy -- Chicago Title
Borja Patrick -- None Available
Dorev Properties Llc -- None Available
Brish Eldor -- Itc
Bessi Llc -- None Available
Bockholt Susan -- Alamo Title Company
Hughes Tilton L -- Fidelity National Title Co
Wilson Erik W -- --
Merkle Matthew C -- Title Agency
Decker Timothy K -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tupakula Subbi Reddy $487,587
Previous Owner Borja Patrick $333,750
Previous Owner Brish Eldor $260,295
Previous Owner Bockholt Susan $250,000
Previous Owner Hughes Tilton L $176,250
Previous Owner Wilson Erik W $125,600
Previous Owner Merkle Matthew C $135,850
Previous Owner Decker Timothy K $108,400
Closed Wilson Erik W $15,700
Closed Bessi Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2020 09/16/20 Sold -- -- --
08/11/2020 08/11/20 Pending -- -- --
08/09/2020 08/09/20 For Sale $615,000 -- $149 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

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
2025 $14,554 $711,155 $211,658 $499,497
2023 $15,301 $699,571 $275,000 $424,571
2022 $14,606 $739,557 $275,000 $464,557
2021 $12,121 $556,876 $125,000 $431,876
2020 $9,545 $445,000 $125,000 $320,000
2019 $9,775 $445,000 $125,000 $320,000
2018 $9,852 $445,000 $125,000 $320,000
2017 $8,225 $368,825 $75,000 $293,825
2016 $7,966 $357,182 $60,000 $297,182
2015 $4,522 $217,137 $20,000 $197,137
2014 $4,522 $190,000 $20,000 $170,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 4947730

Unlock MLS (Austin Board of REALTORS®)

APN: 250046

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