NOT LISTED FOR SALE

Estimated Value: $1,112,000 - $1,436,000

4 Beds
4 Baths
2,198 Sq Ft
$587/Sq Ft Est. Value

Last Sold July 24, 2014

Current estimated payment $8,664/month

3 Days on Market

About This Home

As of July 2014

FOURPLEX PLUS a Garage Apartment!!! Great investment opportunity in North Campus!!! Five total units, two 2/1's, two 1/1's, and a 1/1 garage apartment. Garage apartment currently rents for $620/mo. All leases expire July 31st and rents increase to $1200(A), $1000(B), $600(C), $600(D), and $800(E) August 1st. Two blocks to the UT shuttle or within walking distance of campus and all North Campus has to offer.

Last Agent to Sell the Property

Chad Mahagan

Moreland Properties License #0618232 Listed on: 05/02/2014

Moreland Properties

Last Buyer's Agent

Alex Okpisz

Horizon Realty License #0436641

Horizon Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1935

Lot Details

  • 8,712

Home Design

  • 2,198 Sq Ft Home
  • Quadruplex
  • Composition Shingle Roof
  • Pier And Beam

Utilities

  • Separate Meters
  • Electricity To Lot Line
  • Separate Water Meter
  • Sewer in Street
  • Phone Available

Listing and Financial Details

  • The owner pays for property tax, repairs, yard maintenance
  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Year Built

1935

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Fourplex
  • Total Sq Ft: 2198
  • Stories: 2
  • Unit Mix: 1/1, 2/1
  • Year Built Exception: Resale
  • Ratio Close Price By List Price: 0.96923
  • Ratio Close Price By Original Li: 0.96923
  • Ratio Close Price By Sq Ft: 286.62
  • Ratio Current Price By Lot Size: 3103448.28
  • Ratio Current Price By Sq Ft: 286.62
  • Ratio List Price By Sq Ft: 295.72
  • Special Features: None
  • Year Built: 1935

Interior Features

  • Condition: As-Is, See Disclosure
  • Region: Austin - Central

Exterior Features

  • Fence: Chain Link, Non-Privacy, Partial
  • Roof: Composition Shingle
  • Construction: See Agent
  • Foundation: Pier & Beam

Utilities

  • Sewer: City At Street
  • Utilities: Electricity On Property, Natural Gas On Property, Phone On Property
  • Meter Description: Electric Separate, Gas Separate, Water Separate
  • Water Source: City

Schools

  • Elementary A: Lee
  • Intermediary: Yes
  • Middle Intermediate School: Kealing
  • High School: McCallum

Lot Info

  • Lot Size Area: 0.203

Rental Info

  • Owner Pays: Property Tax, Repairs, Yard Maintenance
  • Total Actual Rent: 2835

Tax Info

  • Actual Tax: 10592.00
  • Tax Filled Sqft Total: 2198
  • Tax Rate: 2.46320000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2015
Sold by
Sannareddy Vinod and Sharma Sujata
Bought by
Kovai Investments Llc
Current Estimated Value
$1,305,703

Purchase Details

Listed on
May 2, 2014
Closed on
Jul 21, 2014
Sold by
Woodmont Properties Llc
Bought by
Sannareddy Vinod and Sharma Sujata
Seller's Agent
Chad Mahagan
Moreland Properties
Buyer's Agent
Alex Okpisz
Horizon Realty
List Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.43%
Original Mortgage
$392,500
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 2009
Sold by
Cowley Alan H
Bought by
Woodmont Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kovai Investments Llc -- None Available
Sannareddy Vinod -- Heritage Title
Woodmont Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sannareddy Vinod $392,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2014 07/24/14 Sold -- -- --
05/05/2014 05/05/14 Pending -- -- --
05/02/2014 05/02/14 For Sale $650,000 -- $296 / 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
2025 $22,849 $1,119,617 $621,600 $498,017
2023 $19,776 $1,093,042 $467,500 $625,542
2022 $22,965 $1,162,811 $467,500 $695,311
2021 $21,745 $999,021 $467,500 $531,521
2020 $14,857 $692,700 $467,500 $225,200
2018 $14,468 $653,500 $467,500 $186,000
2017 $13,483 $604,597 $467,500 $137,097
2016 $12,912 $578,961 $429,000 $149,961
2015 $13,362 $630,000 $372,000 $258,000
2014 $13,362 $561,485 $372,000 $189,485
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2240329

Unlock MLS (Austin Board of REALTORS®)

APN: 213037