J
Seller's Agent in 2015
John Kovas
Kovas & Associates
2108 E M Franklin Ave Austin, TX 78723
East MLK NeighborhoodEstimated Value: $2,404,261
1.5
Acres
$1,602,841
Price per Acre
65,340
Sq Ft Lot
Highlights
- 1.5 Acre Lot
- Maplewood Elementary School Rated A-
- Central Heating and Cooling System
About This Lot
As of March 2015Rare opportunity to develop a large, level 1.5 Ac lot in hot East Austin 2 blocks from Mueller. All the amenities of Mueller without the rigid restrictions. Formerly Enterprise rental car. Current 3800SF building houses 3 tenants who are happy to stay on. Zoned LO, MU, NP for maximum development opportunity. Owner is respected architect with strong ties to the community, would be an asset in future development planning. See conceptual mixed-use plan diagrams in photos.Restrictions: Yes
Last Agent to Sell the Property
John Kovas
Kovas & Associates License #0389004 Listed on: 11/17/2014
Property Details
Property Type
- Land
Year Built
- Built in 1977
Lot Details
- 1.5
Home Design
- 3,929 Sq Ft Home
- Slab Foundation
Parking
- 50 Parking Spaces
- 50 Covered Spaces
- Driveway
Additional Features
- 1.5 Acre Lot
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 02131602030000
- 2% Total Tax Rate
Community Details
Overview
- Association Phone (512) 797-8713
- Crest Haven Add Subdivision
- Property managed by Heimsath Properties
Amenities
- No Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 17, 2014
Closed on
Mar 6, 2015
Sold by
Heimsath Properties Llc
Bought by
Green Sprout Real Estate Llc
Seller's Agent
John Kovas
Kovas & Associates
Buyer's Agent
Stewart Shank
Moreland Properties
List Price
$1,500,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.19%
Original Mortgage
$987,500
Outstanding Balance
$755,767
Interest Rate
3.66%
Mortgage Type
Commercial
Estimated Equity
$1,648,494
Purchase Details
Closed on
Jan 19, 2010
Sold by
Heimsath Architects Inc
Bought by
Heismith Calloway Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,000
Interest Rate
4.83%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Green Sprout Real Estate Llc | -- | Heritage Title | |
| Heismith Calloway Properties Llc | -- | Itc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Green Sprout Real Estate Llc | $987,500 | |
| Previous Owner | Heismith Calloway Properties Llc | $576,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/13/2015 03/13/15 | Sold | -- | -- | -- |
| 12/15/2014 12/15/14 | Pending | -- | -- | -- |
| 11/17/2014 11/17/14 | For Sale | $1,500,000 | -- | $382 / Sq Ft |
Source: Unlock MLS (Austin Board of REALTORS®)
Tax History Compared to Growth
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 | $47,749 | $2,237,385 | $1,981,680 | $255,705 |
| 2023 | $42,445 | $2,525,634 | $1,981,680 | $543,954 |
| 2022 | $47,043 | $2,382,009 | $1,981,680 | $400,329 |
| 2021 | $51,849 | $2,382,009 | $1,981,680 | $400,329 |
| 2020 | $45,107 | $2,103,000 | $1,981,680 | $121,320 |
| 2018 | $36,531 | $1,650,000 | $1,321,120 | $328,880 |
| 2017 | $35,682 | $1,600,000 | $1,321,120 | $278,880 |
| 2016 | $28,549 | $1,280,138 | $792,672 | $487,466 |
| 2015 | $16,719 | $1,057,305 | $528,448 | $528,857 |
| 2014 | $16,719 | $702,552 | $165,140 | $537,412 |
Source: Public Records
Agents Affiliated with this Home
-
-
Stewart Shank
Buyer's Agent in 2015
Stewart Shank
Moreland Properties
(512) 905-2777
1 in this area
61 Total Sales
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 2329030
APN: 205468
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