Seller's Agent in 2021
Jason Botello
Asterra
(512) 565-8284
2 in this area
51 Total Sales
2115 E 18th St Austin, TX 78702
Chestnut NeighborhoodEstimated Value: $861,000 - $1,213,000
--
Bed
8
Baths
3,444
Sq Ft
$289/Sq Ft
Est. Value
Highlights
- Horses Allowed On Property
- City View
- No HOA
- Kealing Middle School Rated A
- Wooded Lot
- 4-minute walk to Chestnut Pocket Park
About This Home
As of November 2021Rare, high desirable East Austin Investment opportunity. This property never sees vacancy, currently fully leased through July 2022 for $6,000. Located in East Austin/East Campus minutes to UT campus, downtown, walking distance to Bennu Coffee, Juiceland, and Sour duck Market, biking distance to UT campus, and walking distance to UT bus stop. The duplex next door is currently on the market as well (MLS # 2216434). This is an opportunity to purchase 2 neighboring duplexes with a total of 16 beds - $12,000/month in rents near UT.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,031
Year Built
- Built in 2005
Lot Details
- 7,667 Sq Ft Lot
- North Facing Home
- Fenced Front Yard
- Wooded Lot
- Dense Growth Of Small Trees
Home Design
- Slab Foundation
- Frame Construction
- Shingle Roof
- HardiePlank Type
Interior Spaces
- 3,444 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Blinds
- City Views
- Fire and Smoke Detector
Kitchen
- Electric Oven
- Electric Range
- Microwave
- Dishwasher
- Tile Countertops
- Disposal
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- Walk-In Closet
- Double Vanity
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Parking
- Alley Access
- Open Parking
- Off-Street Parking
Schools
- Campbell Elementary School
- Kealing Middle School
- Mccallum High School
Utilities
- Central Heating and Cooling System
- Separate Meters
Additional Features
- Covered Patio or Porch
- Horses Allowed On Property
Listing and Financial Details
- Tax Lot 19
- Assessor Parcel Number 02090909040000
- 2% Total Tax Rate
Community Details
Overview
- No Home Owners Association
- Belcher W C Subdivision
Pet Policy
- Pets allowed on a case-by-case basis
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 16, 2021
Closed on
Nov 8, 2021
Sold by
Warstadt Michael J and Norman-Warstadt Diane
Bought by
Gnesin Ryan
Seller's Agent
Jason Botello
Asterra
Buyer's Agent
Tarek Morshed
Christie's Int'l Real Estate
List Price
$1,100,000
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
-0.69%
Original Mortgage
$702,000
Outstanding Balance
$639,382
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$356,164
Purchase Details
Closed on
May 1, 2006
Sold by
Martinez & Sons Builders Inc
Bought by
Warstadt Michael J and Norman Warstadt Diane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,600
Interest Rate
6.32%
Mortgage Type
Fannie Mae Freddie Mac
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 |
|---|---|---|---|
| Gnesin Ryan | -- | None Listed On Document | |
| Warstadt Michael J | -- | Fidelity National Title Comp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gnesin Ryan | $702,000 | |
| Previous Owner | Warstadt Michael J | $317,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/08/2021 11/08/21 | Sold | -- | -- | -- |
| 09/28/2021 09/28/21 | Pending | -- | -- | -- |
| 08/16/2021 08/16/21 | For Sale | $1,100,000 | -- | $319 / 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 | $17,187 | $788,696 | $292,520 | $496,176 |
| 2023 | $17,187 | $1,100,000 | $375,000 | $725,000 |
| 2022 | $22,596 | $1,144,168 | $375,000 | $769,168 |
| 2021 | $19,769 | $908,197 | $250,000 | $658,197 |
| 2020 | $14,664 | $683,700 | $250,000 | $433,700 |
| 2018 | $18,550 | $837,838 | $250,000 | $587,838 |
| 2017 | $11,425 | $512,293 | $200,000 | $312,293 |
| 2016 | $11,508 | $516,000 | $180,000 | $336,000 |
| 2015 | $6,576 | $476,498 | $150,000 | $326,498 |
| 2014 | $6,576 | $276,319 | $150,000 | $126,319 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Botello
-
Johnny Richardson
Seller Co-Listing Agent in 2021
Johnny Richardson
Christie's Int'l Real Estate
(512) 565-8284
2 in this area
35 Total Sales
-
Tarek Morshed
Buyer's Agent in 2021
Tarek Morshed
Christie's Int'l Real Estate
(512) 799-8001
3 in this area
106 Total Sales
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 5383391
APN: 198549
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