NOT LISTED FOR SALE

Estimated Value: $382,885 - $445,000

-- Bed
4 Baths
1,914 Sq Ft
$216/Sq Ft Est. Value

Last Sold February 21, 2019

Current estimated payment $2,925/month

4 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Central Heating and Cooling System
  • Stainless Steel Appliances
  • Laundry in multiple locations
  • Ceiling Fan

About This Home

As of February 2019

Excellent investment opportunity in South Austin! This property is only a few minutes from downtown Austin, and extremely close to the new Oracle Campus! Owner/agent.

Last Agent to Sell the Property

Jonathan Hubbard

Compass RE Texas, LLC License #0604203 Listed on: 01/17/2019

Compass RE Texas, LLC

Last Buyer's Agent

Omar Rivera

Boson Investments LLC License #0627222

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,392

Year Built

  • Built in 1982 | Remodeled

Lot Details

  • 0.27 Acre Lot
  • Privacy Fence
  • Wood Fence
  • Wire Fence

Home Design

  • Slab Foundation
  • Composition Roof
  • Masonry Siding
  • HardiePlank Type

Interior Spaces

  • 1,914 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laminate Flooring

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Stainless Steel Appliances

Laundry

  • Laundry in multiple locations
  • Washer and Gas Dryer Hookup

Schools

  • Rodriguez Elementary School
  • Mendez Middle School
  • Travis High School

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Separate Water Meter
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • Peppertree Park Sec 04 A Subdivision

Listing and Financial Details

  • Down Payment Assistance Available
  • Legal Lot and Block 31 / B
  • Assessor Parcel Number 03170207710000
  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,392

Year Built

Built in 1982 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Building Area Total: 1914.00
  • Restrictions: None
  • Unit Mix: 3/2
  • Year Built: 1982
  • Directions: From South I35, East on Teri Rd, Left on Spruce Ln, Left on Tern Cir, Duplex is on the right.
  • Disclosures: See Remarks
  • Estimated Taxes: 3150.00
  • FEMA Flood Plain: No
  • Fencing: Fenced, Privacy, Wire, Wood
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1914.00
  • Other Equipment: Gas Dryer Hookup, Washer Hookup
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Laundry Location: Multiple Locations
  • View: None
  • Flooring: Laminate
  • Accessibility Features: None
  • Appliances: Dishwasher, Free-Standing Range, Refrigerator, Stainless Steel Appliance(s), Water Heater-Gas
  • Property Condition: See Remarks, Updated/Remodeled
  • Security Features: None
  • Spa Features: None

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
  • Heating: Central
  • Meter Description: Electric Separate, Gas Separate, Water Separate
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Rodriguez
  • Middle School: Mendez
  • High School: Travis
  • Elementary School: Rodriguez
  • High School: Travis
  • Middle/Junior School: Mendez

Lot Info

  • Lot Features: None
  • Parcel Number: 03170207710000
  • Lot Size Acres: 0.2740
  • Lot Size Sq Ft: 11935.44
  • Subdivision Name: Peppertree Park Sec 04-A

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 3250.00
  • Pets Allowed: No

Building Info

  • Construction Materials: Masonry – All Sides, HardiPlank Type

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Block: B
  • Tax Filled Sqft Total: 1914
  • Tax Lot: 31
  • Tax Rate: 2.21399000000000
  • Tax Year: 2018
  • Tax Annual Amount: 2392.00
  • Tax Exemptions: See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2019
Closed on
Feb 21, 2019
Sold by
Hubbard Jonathan and Birkhold Kirsten Anne
Bought by
Kalyanasundharam Jairam and Jairam Nandini
Seller's Agent
Jonathan Hubbard
Compass RE Texas, LLC
Buyer's Agent
Omar Rivera
Boson Investments LLC
List Price
$399,999
Current Estimated Value
$413,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.48%
Original Mortgage
$280,875
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2018
Sold by
2304 Tern Cir Llc
Bought by
Hubbard Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2018
Sold by
Sillero Julio G and Sillero Mercedd Bernon
Bought by
2304 Tern Cir Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
3.93%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 18, 1995
Sold by
Munoz Rafael and Munoz Sandra
Bought by
Sillero Julio G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,979
Interest Rate
8.33%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Kalyanasundharam Jairam -- Independence Title Co
Hubbard Jonathan -- None Available
2304 Tern Cir Llc -- None Available
Sillero Julio G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kalyanasundharam Jarim $220,300
Closed Kalyanasundharam Jairam $255,000
Closed Kalyanasundharam Jairam $280,875
Previous Owner Hubbard Jonathan $262,500
Previous Owner 2304 Tern Cir Llc $195,000
Previous Owner Sillero Julio G $109,999
Previous Owner Sillero Julio G $64,046
Previous Owner Sillero Julio G $64,979
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2019 02/21/19 Sold -- -- --
01/21/2019 01/21/19 Pending -- -- --
01/17/2019 01/17/19 For Sale $399,999 -- $209 / 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 $8,090 $367,058 $143,580 $223,478
2023 $8,090 $395,143 $120,000 $275,143
2022 $8,549 $432,902 $120,000 $312,902
2021 $7,588 $348,600 $63,000 $285,600
2020 $5,686 $265,100 $63,000 $202,100
2018 $3,150 $142,292 $63,000 $170,633
2017 $2,885 $129,356 $50,000 $175,314
2016 $2,623 $117,596 $20,000 $152,110
2015 $2,012 $106,905 $20,000 $114,034
2014 $2,012 $97,186 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 4496927

Unlock MLS (Austin Board of REALTORS®)

APN: 464237