NOT LISTED FOR SALE

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

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

Last Sold April 13, 2012

Current estimated payment $6,294/month

6 Days on Market

Highlights

  • City View
  • Open Floorplan
  • Double Pane Windows
  • Kealing Middle School Rated A
  • No HOA
  • 1-minute walk to Chestnut Pocket Park

About This Home

As of April 2012

This is a Homepath property eligible for Homepath Mortgage and Homepath Renovation Mortgage. Purchase this property with as little as 3% down, no appraisal fee and no MI for the life of the loan. Nice 3/2.5 each side. Near move-in condition with only minor cosmetics required. Single car garages and private backyards. Both sides leased @$1250/mo pre-foreclosure. Don't wait on this oneRestrictions: Unknown

Co-Listed By

Ed Morton

Berkshire Hathaway TX Realty License #0423834

Berkshire Hathaway TX Realty

Last Buyer's Agent

Scott Williams

Williams & Assoc. License #0552128

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,864

Year Built

  • Built in 2006

Lot Details

  • 7,231 Sq Ft Lot
  • Privacy Fence
  • Wood Fence

Parking

  • 2 Covered Spaces

Home Design

  • Slab Foundation
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • 2,797 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Double Pane Windows
  • Family Room
  • City Views

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Laundry

  • Laundry in multiple locations
  • Dryer Hookup

Schools

  • Campbell Elementary School
  • Kealing Middle School
  • Mccallum High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • No Utilities
  • Separate Water Meter

Listing and Financial Details

  • Foreclosure
  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 02101105070000
  • 2% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Glenwood Add Subdivision

Recreation

  • Community Playground
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,864

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Building Area Total: 2797.00
  • Restrictions: None
  • Unit Mix: 3/2.5
  • Year Built: 2006
  • Directions: From I-35, East on MLK, Right on Chestnut, Left on 16th.
  • Disclosures: Real Estate Owned (Lender)
  • Estimated Taxes: 5823.62
  • FEMA Flood Plain: No
  • Fencing: Privacy, Wood
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 2797.00
  • New Loan Amount: 257146
  • Other Equipment: Dryer Connections
  • Special Listing Conditions: In Foreclosure, Real Estate Owned
  • Special Features: 20

Interior Features

  • Interior Amenities: Interior Steps, Open Floorplan
  • Laundry Location: Multiple Locations
  • View: City
  • Flooring: Carpet, Laminate
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal
  • Property Condition: Resale, See Remarks
  • Security Features: None
  • Spa Features: None
  • Window Features: Double Pane Windows

Exterior Features

  • Exterior Features: Exterior Steps
  • Roof: Composition
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • View: Yes
  • Waterfront Features: None

Garage/Parking

  • Total Covered Spaces: 2.00
  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Utilities: None
  • Heating: Central, Natural Gas
  • Meter Description: Electric Separate, Gas Separate, Water Separate
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air

Association/Amenities

  • Association: No
  • Community Features: Park, Playground

Schools

  • School District: Austin ISD
  • Elementary School: Campbell
  • High School: McCallum
  • Middle/Junior School: Kealing

Lot Info

  • Lot Features: None
  • Parcel Number: 02101105070000
  • Lot Size Acres: 0.1660
  • Lot Size Sq Ft: 7230.96
  • Subdivision Name: Glenwood Add

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No

Building Info

  • Construction Materials: HardiPlank Type

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Filled Sqft Total: 2797
  • Tax Rate: 2.31690000000000
  • Tax Year: 2011
  • Tax Annual Amount: 5864.21
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2012
Closed on
Apr 12, 2012
Sold by
Fannie Mae
Bought by
Razzaz Mehrang and Razzaz Linday
Buyer's Agent
Scott Williams
Williams & Assoc.
List Price
$199,900
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.
Avg. Annual Appreciation
9.67%
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
04/13/2012 04/13/12 Sold -- -- --
02/28/2012 02/28/12 Pending -- -- --
02/22/2012 02/22/12 For Sale $199,900 -- $71 / 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 $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: 2834626

Unlock MLS (Austin Board of REALTORS®)

APN: 200260