NOT LISTED FOR SALE

Estimated Value: $845,461

3 Beds
3.5 Baths
2,149 Sq Ft
$393/Sq Ft Est. Value

Last Sold January 31, 2023

Current estimated payment $5,514/month

82 Days on Market

Highlights

  • New Construction
  • Wood Flooring
  • Stainless Steel Appliances
  • Panoramic View
  • Terrace
  • Front Porch

About This Home

As of January 2023

2406 E 8th #1 is a custom, new-construction home located in the highly desired area of Prospect Hill on the east side. Designed and built by Forsite Studio, this multi-level house sits prominently on the high side of 8th street and has a bright and spacious feel. With numerous large windows and glass sliders, the southern exposure provides excellent natural light throughout the day. Multiple exterior spaces make full use of the property: a sun filled turfed front yard, a cool & shady bamboo courtyard, a private cocktail terrace, and a view deck off the primary bedroom. The deep blue exterior paint, accented with stained wood inlays and soffits, give the exterior a sophisticated appearance.
*** The first floor is designed with an open plan, perfect for entertaining, and features direct access to both the cocktail terrace and bamboo courtyard for an inside-outside lifestyle. The chef’s kitchen has ample cabinet storage, a large island with natural stone countertop waterfall edges, hand-made wall tiles, and high-end Bosch appliances. The second floor has both a primary bedroom, with a large dual-vanity bathroom and walk-in closet, as well as second bedroom with dedicated bathroom. An oversized laundry room completes the second floor. A guest bedroom and flex-space / game room (or fourth bedroom, available through builder) are located on the top floor and is the perfect layout for out-of-town guests, a home office, or a relaxing space for movie night. Warm, white oak floors are installed throughout the home, and large format floor tiles are used for all wet areas. *** E 8th street is an incredible location within walking distance to so much. Walk around the block to classic Webberville establishment Vera Cruz, Kitty Cohen’s, Gourmand’s Pub, and Fleet Coffee. Take a short walk over to the E 6th bars and restaurants such as La Holly, Whisler's, Suerte, Vixen’s Wedding, Salt & Time, and many more. You even have your very own HEB is just minutes away by car.

Last Agent to Sell the Property

Ed Hughey

Moreland Properties License #0726608 Listed on: 10/19/2022

Moreland Properties

Last Buyer's Agent

Giuseppe Rizzi

One Real Estate License #0698686

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,277

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 3,406 Sq Ft Lot
  • South Facing Home
  • Back and Front Yard Fenced
  • Perimeter Fence
  • Landscaped
  • Sprinkler System
  • Garden

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Property Views

  • Panoramic
  • Downtown
  • Neighborhood

Home Design

  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Cement Siding

Interior Spaces

  • 2,149 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Terrace
  • Exterior Lighting
  • Front Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Community Details

  • 2406 East 8Th Street Condominiums Association
  • Built by Forsite Studio
  • Grandview Place Subdivision
  • Property has a Home Owners Association
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Legal Lot and Block 13 / 25
  • Assessor Parcel Number 02051013150000
  • 2% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,277

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Unit Style: See Remarks
  • Restrictions: Deed Restrictions
  • Year Built: 2022
  • Additional Parcels: No
  • Direction Faces: South
  • Directions: Eastbound on E 7th St, Left on Prospect, Right on 8th St., Property on your Left.
  • Disclosures: See Remarks
  • Estimated Taxes: 29277.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Back Yard, Fenced, Front Yard, Full, Perimeter
  • Garage Spaces: 1.00
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Guest Accommodation Description: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: Three Or More
  • Living Area: 2149.00
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Walk-In Closet(s), See Remarks
  • Laundry Location: Inside, Laundry Room, Upper Level
  • View: Downtown, Neighborhood, Panoramic, Skyline
  • Flooring: Wood
  • Num Dining: 1
  • Num Living: 2
  • Num Other Level Beds: 3
  • Accessibility Features: None
  • Appliances: Stainless Steel Appliance(s), See Remarks
  • Property Condition: New Construction
  • Security Features: See Remarks
  • Window Features: See Remarks

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms: 4
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Garden, Lighting, Private Yard
  • Roof: Shingle
  • Builder Name: Forsite Studio
  • Foundation: Slab
  • Patio And Porch Features: Front Porch, Porch, Terrace
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1.00
  • Parking Features: Attached, Garage, Garage Door Opener, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: See Remarks
  • Association Fee Frequency: See Remarks

Association/Amenities

  • Association Name: 2406 East 8th Street Condominiums
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: See Remarks

Schools

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

Lot Info

  • Lot Features: Landscaped, Sprinkler - Automatic, Views, See Remarks
  • Special Assessment: See Remarks
  • Parcel Number: 02051013150000
  • Lot Size Acres: 0.0782
  • Lot Size Sq Ft: 3406.39
  • Subdivision Name: Grandview Place

Building Info

  • Construction Materials: Concrete, Cement Siding
  • New Construction: Yes

Tax Info

  • Tax Block: 25
  • Tax Filled Sqft Total: 1116
  • Tax Lot: 13
  • Tax Rate: 2.17670000000000
  • Tax Year: 2022
  • Tax Annual Amount: 29277.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2022
Closed on
Jan 31, 2023
Sold by
Penta 2406 E 8Th St Series and Penta Series Llc
Bought by
Mcquaide Dustin A and Fernandez Maria Veronica
Seller's Agent
Ed Hughey
Moreland Properties
Buyer's Agent
Giuseppe Rizzi
One Real Estate
List Price
$1,245,000
Sold Price
$1,200,000
Premium/Discount to List
-$45,000
-3.61%
Views
15
Current Estimated Value
$845,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$354,539
Original Mortgage
$960,000
Outstanding Balance
$928,897
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2020
Sold by
Arriaga Abel and Arriaga Louis
Bought by
Penta Series Llc and Penta 2406 E 8Th Series
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
Mcquaide Dustin A -- Heritage Title
Penta Series Llc -- Independence Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcquaide Dustin A $960,000
Closed Mcquaide Dustin A $960,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2023 01/31/23 Sold -- -- --
01/09/2023 01/09/23 Pending -- -- --
12/05/2022 12/05/22 For Sale $1,245,000 0.0% $579 / Sq Ft
11/17/2022 11/17/22 Pending -- -- --
11/11/2022 11/11/22 Price Changed $1,245,000 -3.9% $579 / Sq Ft
11/03/2022 11/03/22 Price Changed $1,295,000 -3.7% $603 / Sq Ft
10/19/2022 10/19/22 For Sale $1,345,000 -- $626 / 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
2022 $7,947 $402,391 $375,000 $27,391
2021 $8,157 $374,743 $250,000 $124,743
2020 $8,310 $373,203 $250,000 $123,203
2018 $3,223 $145,586 $250,000 $87,424
2017 $285 $132,351 $200,000 $101,832
2016 $205 $120,319 $180,000 $113,838
2015 $197 $109,381 $150,000 $92,869
2014 $197 $99,437 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8046301

Unlock MLS (Austin Board of REALTORS®)

APN: 193484