NOT LISTED FOR SALE

Estimated Value: $782,000 - $913,000

-- Bed
2 Baths
2,398 Sq Ft
$357/Sq Ft Est. Value

Last Sold November 21, 2018

Current estimated payment $5,898/month

1 Day on Market

Highlights

  • Wooded Lot
  • Double Pane Windows
  • Laundry in multiple locations
  • No HOA
  • Tile Flooring
  • Central Air

About This Home

As of November 2018

Check out the rental income, $4130 total. This is your chance to own property on one of the best streets in '02. The neighborhood is lined with modern new construction homes. This opportunity features two detached individual units with private yards: 1504 sq ft in the front house and 904 sq ft in the rear house based on an appraisal. It also features 9' ceilings and an abundance of natural light in every room.

Last Agent to Sell the Property

Jeremy Wilson

JPAR Austin License #0611512 Listed on: 10/23/2018

JPAR Austin

Last Buyer's Agent

Yusuf Johnson

eXp Realty, LLC License #0563473

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2003

Lot Details

  • 5,837 Sq Ft Lot
  • Chain Link Fence
  • Wooded Lot

Parking

  • Alley Access

Home Design

  • Slab Foundation
  • Composition Roof
  • Composition Shingle
  • HardiePlank Type

Interior Spaces

  • 2,398 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Laundry

  • Laundry in multiple locations
  • Dryer Hookup

Schools

  • Zavala Elementary School
  • Martin Middle School
  • Eastside Memorial High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • Grandview Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02051011050000
  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Building Area Total: 2398.00
  • Restrictions: None
  • Unit Mix: See Remarks
  • Year Built: 2003
  • Directions: From IH-35 head east on e 7th St, Approximately one mile turn left onto Prospect, turn right on e 9th St, house on the right.
  • Estimated Taxes: 12715.00
  • FEMA Flood Plain: No
  • Fencing: Chain Link, Fenced
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 2398.00
  • Other Equipment: Dryer Connections
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Laundry Location: Multiple Locations
  • View: None
  • Flooring: Carpet, Laminate, Tile
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Microwave, Free-Standing Range, Refrigerator, Water Heater-Gas
  • Property Condition: Resale, See Remarks
  • Security Features: None
  • Spa Features: None
  • Window Features: Double Pane Windows

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, Natural Gas Available
  • Heating: Natural Gas
  • Meter Description: Gas Separate, Water Separate
  • Water Source: Public
  • Cooling: Central Air

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • School District: Austin ISD
  • Elementary School: Zavala
  • High School: Eastside Memorial
  • Middle/Junior School: Martin

Lot Info

  • Lot Features: Alley Access, Trees-Medium (20 Ft - 40 Ft)
  • Parcel Number: 02051011050000
  • Lot Size Acres: 0.1340
  • Lot Size Sq Ft: 5837.04
  • Subdivision Name: Grandview Place

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 4130.00
  • Pets Allowed: No

Building Info

  • Construction Materials: Composition, HardiPlank Type

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Rate: 2.21400000000000
  • Tax Year: 2108
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2022
Sold by
Amrite Family Revocable Living Trust
Bought by
Amrite Jaidev and Amrite Stephanie
Current Estimated Value
$855,477

Purchase Details

Listed on
Oct 23, 2018
Closed on
Nov 19, 2018
Sold by
Chou Chun Cheng and Chen Shih Yen
Bought by
Amrite Jaidev and Amrite Stephanie
Seller's Agent
Jeremy Wilson
JPAR Austin
Buyer's Agent
Yusuf Johnson
eXp Realty, LLC
List Price
$600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.25%
Original Mortgage
$446,250
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 11, 2012
Closed on
Aug 21, 2012
Sold by
Landry Michael E
Bought by
Chou Chun Cheng
Seller's Agent
Jeff Evans
Gold Star Properties
Buyer's Agent
Jeremy Wilson
JPAR Austin
List Price
$264,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.82%
Original Mortgage
$212,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2003
Sold by
Tenzing Investments Inc
Bought by
Landry Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2003
Sold by
Shorts Robert Thomas and Chandler Debra
Bought by
Valiant Homes Inc

Purchase Details

Closed on
Nov 27, 1996
Sold by
Shorts Rose Ann
Bought by
Chandler Debra and Shorts Barbara Kenya
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
Amrite Jaidev -- Stewart & Gretch Pllc
Amrite Jaidev -- Chicago Title
Chou Chun Cheng -- Austin Title Company Inc
Landry Michael E -- --
Tenzing Investments Llc -- --
Valiant Homes Inc -- Commonwealth Land Title
Chandler Debra -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Amrite Jaidev $446,250
Previous Owner Chou Chun Cheng $212,000
Previous Owner Landry Michael E $180,000
Closed Landry Michael E $22,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/21/2018 11/21/18 Sold -- -- --
10/24/2018 10/24/18 Pending -- -- --
10/23/2018 10/23/18 For Sale $600,000 +126.8% $250 / Sq Ft
08/23/2012 08/23/12 Sold -- -- -- View Prior Sale
07/18/2012 07/18/12 Pending -- -- --
07/11/2012 07/11/12 For Sale $264,500 -- $110 / 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 $16,986 $807,484 $379,217 $428,267
2023 $21,069 $1,164,497 $375,000 $789,497
2022 $18,946 $959,320 $375,000 $584,320
2021 $16,987 $780,400 $250,000 $530,400
2020 $12,762 $595,000 $250,000 $345,000
2018 $11,635 $525,528 $250,000 $275,528
2017 $11,950 $535,846 $200,000 $335,846
2016 $11,559 $518,286 $180,000 $338,286
2015 $6,322 $449,944 $150,000 $299,944
2014 $6,322 $287,626 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 7885582

Unlock MLS (Austin Board of REALTORS®)

APN: 193442