NOT LISTED FOR SALE

Estimated Value: $649,000

-- Bed
6 Baths
3,666 Sq Ft
$177/Sq Ft Est. Value

Last Sold November 15, 2013

Current estimated payment $4,485/month

41 Days on Market

About This Home

As of November 2013

Great investor opportunity, easy lease and stays leased-many long-term tenants. Two 2 bedroom/1.5 baths units AND two 1 bedroom/1.5 bath units-ALL two-story. Parking, washer/dryer connections separate. All units leased with lease term. Lease term to be verified with property manager.

Last Agent to Sell the Property

Teresa Lacey

Compass RE Texas, LLC License #0516341 Listed on: 08/31/2013

Compass RE Texas, LLC

Last Buyer's Agent

John Brandon Faught

Compass RE Texas, LLC License #0583493

Compass RE Texas, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,393

Year Built

  • 1969

Lot Details

  • 9,148

Home Design

  • 3,666 Sq Ft Home
  • Quadruplex
  • Flat Roof Shape
  • Slab Foundation
  • Built-Up Roof

Utilities

  • Separate Meters
  • Electricity To Lot Line
  • Sewer in Street
  • Phone Available

Listing and Financial Details

  • The owner pays for property tax
  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,393

Year Built

1969

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Fourplex
  • Restrictions: Yes
  • Total Sq Ft: 3666
  • Stories: 2
  • Unit Mix: 1/1.5, 2/1.5
  • Year Built Exception: Resale
  • Restrictions Type: City Restrictions
  • Ratio Close Price By List Price: 0.91296
  • Ratio Close Price By Original Li: 0.85280
  • Ratio Close Price By Sq Ft: 49.78
  • Ratio Current Price By Lot Size: 848837.21
  • Ratio Current Price By Sq Ft: 49.78
  • Ratio List Price By Sq Ft: 54.53
  • Special Features: None
  • Year Built: 1969

Interior Features

  • Laundry Facilities: Separate
  • Condition: As-Is
  • Region: Austin - Southeast

Exterior Features

  • Fence: Picket
  • Trees: Moderate
  • Roof: Built-Up, Flat
  • Construction: All Sides Masonry
  • Foundation: Slab

Utilities

  • Sewer: City At Street
  • Utilities: Electricity On Property, Phone Available
  • Meter Description: Electric Separate
  • Water Source: City

Schools

  • School District: Austin ISD
  • Elementary A: Linder
  • Intermediary: Yes
  • Middle Intermediate School: Fulmore
  • High School: Travis

Lot Info

  • Lot Size Area: 0.215

Rental Info

  • Owner Pays: Property Tax
  • Total Actual Rent: 2475

Tax Info

  • Actual Tax: 1869.00
  • Tax Filled Sqft Total: 3666
  • Tax Rate: 2.41905000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2013
Closed on
Nov 14, 2013
Sold by
Austin Elwood Lp
Bought by
Thai Ravel
Seller's Agent
Teresa Lacey
Compass RE Texas, LLC
Buyer's Agent
John Brandon Faught
Compass RE Texas, LLC
List Price
$214,000
Current Estimated Value
$649,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.36%
Original Mortgage
$127,750
Outstanding Balance
$96,073
Interest Rate
4.29%
Mortgage Type
New Conventional
Estimated Equity
$552,927

Purchase Details

Closed on
Sep 21, 2011
Sold by
Dekermenjian Llc
Bought by
Austin Elwood Lp

Purchase Details

Closed on
Sep 16, 2009
Sold by
Dekermenjian Gabriel
Bought by
Kofdarali Taline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,600
Interest Rate
5.2%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Thai Ravel -- Itc
Austin Elwood Lp -- None Available
Kofdarali Taline -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thai Ravel $127,750
Previous Owner Austin Elwood Lp $0
Previous Owner Kofdarali Taline $152,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2013 11/15/13 Sold -- -- --
10/11/2013 10/11/13 Pending -- -- --
08/31/2013 08/31/13 For Sale $214,000 -- $58 / 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 $11,393 $638,753 $258,494 $380,259
2023 $12,247 $676,929 $175,000 $501,929
2022 $14,222 $720,137 $175,000 $545,137
2021 $10,843 $498,127 $175,000 $323,127
2020 $11,471 $534,800 $175,000 $359,800
2018 $9,890 $446,725 $175,000 $271,725
2017 $8,296 $372,008 $175,000 $197,008
2016 $5,071 $227,398 $30,000 $197,398
2015 $4,181 $215,093 $30,000 $185,093
2014 $4,181 $175,681 $30,000 $145,681
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8684324

Unlock MLS (Austin Board of REALTORS®)

APN: 291242