NOT LISTED FOR SALE

2302 E 16th St Unit B Austin, TX 78702

Chestnut Neighborhood

Estimated Value: $850,000 - $1,085,000

3 Beds
2 Baths
2,797 Sq Ft
$340/Sq Ft Est. Value

Highlights

  • City View
  • Tile Flooring
  • High Speed Internet
  • Kealing Middle School Rated A
  • Central Heating
  • 1-minute walk to Chestnut Pocket Park

About This Home

As of April 2018

Photos are of unit A. The B unit is undergoing make-ready as we speak and will look identical (mirror version) of the A side. Duplex is located in the heart of the E side and makes for a very cool living space. Unit is close to park, shops, bars and restaurants. Owner just installed ceramic tile and new carpet throughout so unit feels fresh and ready to go. Washer and Dryer included! Don't hesitate, apply today!

Last Agent to Rent the Property

Scott Williams

Williams & Assoc. License #0552128 Listed on: 03/19/2018

Last Renter's Agent

Joe Arcotta

Front Page Realty License #0496818

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2006

Lot Details

  • 6,970

Parking

  • 1 Covered Space

Home Design

  • Duplex
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,797 Sq Ft Home
  • Tile Flooring
  • City Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating
  • Separate Meters
  • High Speed Internet

Community Details

  • Pet Deposit $250
  • 2 Pets Allowed

Listing and Financial Details

  • Security Deposit $1,950
  • Tenant pays for all bills
  • 12-Month Min and 24-Month Max Lease Term
  • $40 Application Fee
  • Assessor Parcel Number 02101105070000

Property Details

Home Type

Multi-Family

Year Built

Built in 2006

Lot Details

0

Rental Info

  • Additional Pet Fee: 250
  • Additional Pet Fee Description: Per Pet
  • App Deposit Payable To: owner
  • App Fee Payable To: Broker
  • Application Fee: 40
  • Application Policy: Best Qualified Application
  • Application Required: Tar App
  • First Month Rent Payable To: Owner
  • Lease Guarantor: Yes
  • Lse Length Negotiable: Yes
  • Max Lease Months: 24
  • Max Numof Pets: 2
  • Min Lease Months: 12
  • Pet Deposit: 250
  • Pet Description: Breed Restrictions, Negotiable/Call Agent
  • Security Deposit: 1950
  • Smoking Inside: No
  • Tenant Pays: All Bills

Listing Details

  • Property Type: Lease
  • Property Sub Type: Duplex
  • Unit Style: 1st Floor Entry
  • Access Instructions: Key In Lockbox
  • Total Sq Ft: 2797
  • Stories: 2
  • Year Built Exception: Resale
  • Year Built: 2006
  • Ratio Close Price By List Price: 1.02564
  • Ratio Close Price By Original Li: 1.02564
  • Ratio Close Price By Sq Ft: 0.72
  • Ratio Current Price By Lot Size: 12048.19
  • Ratio Current Price By Sq Ft: 0.72
  • Ratio List Price By Sq Ft: 0.70
  • Special Features: None
  • Year Built: 2006

Interior Features

  • Disability Features: No
  • Kitchen: Breakfast Area
  • Dining Description: Kit/Din Combo
  • View: City
  • Laundry Facilities: Main Level, Separate
  • Sprinkler System: No
  • Flooring: Tile - Hard
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Kitchen Appliances: Cook Top Gas, Range-Free Standing
  • Management Company: OWNER
  • Master Main: No
  • Num Dining: 1
  • Num Living: 1
  • Num Other Level Beds: 3
  • Region: Austin - East
  • Dryer: Yes
  • Refrigerator: Yes
  • Washer: Yes

Exterior Features

  • Fence: Cedar, Privacy, Wood
  • Pool on Property: No
  • Roof: Composition Shingle
  • Construction: Hardiplank Type
  • Foundation: Slab

Garage/Parking

  • Total Covered Spaces: 1

Utilities

  • Cooling: Central Air
  • Sewer: City On Property
  • Utilities: Electricity Available, Internet-Cable
  • Heating: Central Heat
  • Meter Description: Electric Separate
  • Water Source: City
  • Dryer Maintained: No

Condo/Co-op/Association

  • Gated Community: No
  • HOA: No
  • Managed By: Owner
  • Pets: Yes

Fee Information

  • Per Person: Yes
  • Per Pet: Yes

Schools

  • School District: Austin ISD
  • Elementary A: Campbell
  • Intermediary: Yes
  • Middle Intermediate School: Kealing
  • High School: McCallum

Lot Info

  • Lot Size Area: 0.166
  • Parcel Number: 02101105070000
  • M A P S C O Grid: R
  • M A P S C O Page: 585

Tax Info

  • Tax Filled Sqft Total: 2797

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2012
Sold by
Fannie Mae
Bought by
Razzaz Mehrang and Razzaz Linday
Current Estimated Value
$950,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,146
Outstanding Balance
$177,278
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$773,498

Purchase Details

Closed on
Aug 3, 2010
Sold by
Grant Jeffrey
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 1, 2007
Sold by
Grant Jeffrey Michael
Bought by
Texas Property Ventures Llc

Purchase Details

Closed on
Jun 23, 2006
Sold by
Texas Property Ventures Llc
Bought by
Grant Jeffrey

Purchase Details

Closed on
Feb 1, 2006
Sold by
Grant Jeffrey
Bought by
Texas Property Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,900
Interest Rate
6.2%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 12, 2006
Sold by
Vaca Rosa
Bought by
Grant Jeffrey Michael and Grant Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,900
Interest Rate
6.2%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 5, 2001
Sold by
Puig Jason
Bought by
Vaca Rosa
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
Razzaz Mehrang -- Ttt
Federal National Mortgage Association $350,100 None Available
Texas Property Ventures Llc -- None Available
Grant Jeffrey -- None Available
Texas Property Ventures Llc -- None Available
Grant Jeffrey Michael -- None Available
Vaca Rosa -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Razzaz Mehrang $257,146
Previous Owner Grant Jeffrey Michael $252,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2018 04/01/18 Rented $2,000 +2.6% --
03/25/2018 03/25/18 Under Contract -- -- --
03/19/2018 03/19/18 For Rent $1,950 -- --
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 $15,923 $717,506 $283,333 $434,173
2023 $17,188 $950,000 $375,000 $575,000
2022 $16,065 $813,434 $375,000 $438,434
2021 $17,885 $821,647 $250,000 $571,647
2020 $11,520 $537,100 $250,000 $287,100
2018 $15,837 $715,298 $250,000 $465,298
2017 $9,525 $427,109 $200,000 $227,109
2016 $10,238 $459,067 $180,000 $279,067
2015 $5,953 $411,961 $150,000 $261,961
2014 $5,953 $250,138 $150,000 $100,138
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2124188

Unlock MLS (Austin Board of REALTORS®)

APN: 200260