$525,000
SOLD DEC 21, 2018
Last list price
-- Bed
-- Bath
3,120 Sq Ft
0.4 Acres

Recently Sold

$168 Per Sq Ft

20 Days on Market

Highlights

  • 0.4 Acre Lot
  • No HOA
  • Central Heating and Cooling System
  • 4 Fireplaces
  • Laundry in multiple locations
  • Ceiling Fan

About This Home

As of December 2020

Great Investment opportunity! Each unit has a private balcony or yard and full size washer/dryer connections. Tenants pay ALL utilities! Electricity and water are individually metered. Just minutes away from the large entertainment district of South Park Meadows which has tons of shops, restaurants, retail, etc.

Last Agent to Sell the Property

Jonathan Hubbard

Compass RE Texas, LLC License #0604203 Listed on: 11/01/2018

Compass RE Texas, LLC

Last Buyer's Agent

Wade Shoop

Wade C. Shoop License #0558018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,250

Year Built

  • Built in 1983 | Remodeled

Lot Details

  • 0.4 Acre Lot
  • Privacy Fence
  • Fenced

Home Design

  • Slab Foundation
  • Composition Roof
  • Masonry Siding

Interior Spaces

  • 3,120 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 4 Fireplaces
  • Laminate Flooring
  • Fire and Smoke Detector

Kitchen

  • Free-Standing Range
  • Dishwasher

Laundry

  • Laundry in multiple locations
  • Dryer Hookup

Schools

  • Kocurek Elementary School
  • Bailey Middle School
  • Akins High School

Utilities

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

Community Details

  • No Home Owners Association
  • 4 Units
  • Tanglewood Forest Sec 03 Subdivision

Listing and Financial Details

  • Down Payment Assistance Available
  • Legal Lot and Block 17 / A
  • Assessor Parcel Number 04282103220000
  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,250

Year Built

Built in 1983 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Building Area Total: 3120.00
  • Restrictions: None
  • Unit Mix: 2/1
  • Year Built: 1983
  • Directions: On Slaughter Lane, turn right onto Roxanna, then a left onto Cedrick Cv.
  • Disclosures: See Remarks
  • Estimated Taxes: 9519.00
  • FEMA Flood Plain: No
  • Fencing: Fenced, Privacy
  • Fireplaces: 4
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 3120.00
  • Other Equipment: Dryer Connections
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Pantry
  • Laundry Location: Multiple Locations
  • View: None
  • Flooring: Laminate
  • Accessibility Features: None
  • Appliances: Dishwasher, Free-Standing Range, Refrigerator
  • Property Condition: See Remarks, Updated/Remodeled
  • Security Features: Smoke Detector(s)
  • 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, See Remarks
  • 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: Kocurek
  • Middle School: Bailey
  • High School: Akins
  • Elementary School: Kocurek
  • High School: Akins
  • Middle/Junior School: Bailey

Lot Info

  • Lot Features: None
  • Parcel Number: 04282103220000
  • Lot Size Acres: 0.3990
  • Lot Size Sq Ft: 17380.44
  • Subdivision Name: Tanglewood Forest Sec 03

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 4120.00
  • Pets Allowed: No

Building Info

  • Construction Materials: Masonry – All Sides, See Remarks

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Block: A
  • Tax Filled Sqft Total: 3120
  • Tax Lot: 17
  • Tax Rate: 2.40399000000000
  • Tax Year: 2018
  • Tax Annual Amount: 6250.00
  • Tax Exemptions: See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2020
Closed on
Dec 21, 2020
Sold by
Rajanna Vijay Shankar and Chindigiri Seema Somashekhar
Bought by
Jaffer Salman
Seller's Agent
Wade Shoop
Wade C. Shoop
Buyer's Agent
Gregory Tran
Keller Williams Realty
List Price
$630,000
Current Estimated Value
$748,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%
Original Mortgage
$438,750
Outstanding Balance
$396,610
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$344,390

Purchase Details

Listed on
Nov 1, 2018
Closed on
Dec 19, 2018
Sold by
Oth Pre Fund 1 Llc
Bought by
Somashekhar Rajanna Vijay Shankar and Somashekhar Chindigiri Seema
Seller's Agent
Jonathan Hubbard
Compass RE Texas, LLC
Buyer's Agent
Wade Shoop
Wade C. Shoop
List Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.82%
Original Mortgage
$390,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2010
Sold by
The Bank Of New York Mellon
Bought by
Mayfair Bruton Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2010
Sold by
Mcnerney Dorothy R
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Feb 18, 2004
Sold by
Keyes Mary Alice
Bought by
Zuniga Edward and Mcnerney Dorothy Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,200
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2003
Sold by
Bank One Na
Bought by
Keyes Mary Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
7.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2003
Sold by
Uresti Raul
Bought by
Csfb Mbs Series 2002-5

Purchase Details

Closed on
Sep 7, 2001
Sold by
Lkb Enterprises Llc
Bought by
Uresti Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,440
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2001
Sold by
Kastleman Bryan
Bought by
Lkb Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 2001
Sold by
Kastleman Bryan
Bought by
Kastleman Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2001
Sold by
Lamuette L Greenland Living Trust
Bought by
Kastleman Bryan
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- Texas National Title
Vendors Lien -- None Available
Vendors Lien -- Lsi Title Agency Inc
Foreclosure Deed $173,448 None Available
Warranty Deed -- --
Vendors Lien -- --
Trustee Deed $188,924 --
Vendors Lien -- --
Warranty Deed -- --
Interfamily Deed Transfer -- --
Warranty Deed -- Gracy Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $438,750 New Conventional
Previous Owner $390,000 New Conventional
Previous Owner $130,000 Purchase Money Mortgage
Previous Owner $169,200 Purchase Money Mortgage
Previous Owner $121,500 Purchase Money Mortgage
Previous Owner $177,440 Purchase Money Mortgage
Previous Owner $141,000 Purchase Money Mortgage
Closed $44,360 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2020 12/22/20 Sold -- -- --
11/04/2020 11/04/20 For Sale $630,000 +20.0% $202 / Sq Ft
12/21/2018 12/21/18 Sold -- -- --
11/21/2018 11/21/18 Pending -- -- --
11/01/2018 11/01/18 For Sale $525,000 +101.9% $168 / Sq Ft
01/30/2015 01/30/15 Sold -- -- --
01/30/2015 01/30/15 Pending -- -- --
01/29/2015 01/29/15 For Sale $260,000 -- $83 / 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
2023 $13,804 $700,000 $316,250 $383,750
2022 $12,986 $605,000 $316,250 $288,750
2021 $13,574 $574,382 $143,750 $430,632
2020 $12,529 $536,606 $143,750 $392,856
2018 $8,794 $365,816 $115,000 $250,816
2017 $6,254 $260,000 $50,000 $210,000
2016 $6,254 $260,000 $50,000 $210,000
2015 $5,434 $243,913 $50,000 $193,913
2014 $5,434 $212,016 $50,000 $162,016
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 5463510

Unlock MLS (Austin Board of REALTORS®)

APN: 344524