NOT LISTED FOR SALE

Estimated Value: $750,693 - $938,000

Studio
6 Baths
3,648 Sq Ft
$228/Sq Ft Est. Value

Last Sold December 13, 2019

Current estimated payment $5,707/month

3 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • Walk-In Closet
  • Sunset Valley Elementary School Rated A-
  • Interior Lot
  • Tile Flooring

About This Home

As of December 2019

Great investment in the Westgate area! Blocks from Central Market. Strong rental history. Many similar properties have been remodeled on this street. One unit just became available and can be viewed.All other units viewed with accepted contract during the option period. Two parking spaces per unit with street parking available. Great current cash flow with lots of upside potential!

Last Agent to Sell the Property

Brennan Duecy

All City Real Estate Ltd. Co License #0642393 Listed on: 10/26/2019

All City Real Estate Ltd. Co

Last Buyer's Agent

Giuseppe Rizzi

One Real Estate License #0698686

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,142

Year Built

  • Built in 1974

Lot Details

  • 7,710 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Interior Lot
  • Wooded Lot

Home Design

  • Slab Foundation
  • Composition Roof
  • Masonry Siding

Interior Spaces

  • Walk-In Closet
  • 3,648 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Oven

Laundry

  • Laundry in multiple locations
  • Washer and Gas Dryer Hookup

Schools

  • Sunset Valley Elementary School
  • Covington Middle School
  • Crockett High School

Utilities

  • Central Heating and Cooling System
  • Shared Water Meter

Community Details

  • No Home Owners Association
  • 4 Units
  • Southern Oaks Sec 07 Subdivision

Listing and Financial Details

  • Down Payment Assistance Available
  • Legal Lot and Block 2A / C
  • Assessor Parcel Number 04121503100000
  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,142

Year Built

Built in 1974

Lot Details

7,710 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Building Area Total: 3648.00
  • Restrictions: None
  • Unit Mix: 2/1.5
  • Year Built: 1974
  • Directions: Head south on Westgate from 290. Take a left on Ektom Drive. Property is on your right.
  • Disclosures: See Remarks
  • Estimated Taxes: 10534.00
  • FEMA Flood Plain: See Remarks
  • Fencing: Fenced, Privacy
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 3648.00
  • Other Equipment: Dryer Connections, Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • Laundry Location: Multiple Locations
  • View: None
  • Flooring: Tile
  • Accessibility Features: None
  • Appliances: Oven
  • Property Condition: Resale, See Remarks
  • 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, Other, Natural Gas Available, Phone Connected
  • Heating: Central
  • Meter Description: Water Common
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • School District: Austin ISD
  • Elementary School: Sunset Valley
  • High School: Crockett
  • Middle/Junior School: Covington

Lot Info

  • Lot Features: Interior Lot, Trees-Medium (20 Ft - 40 Ft)
  • Parcel Number: 04121503100000
  • Lot Size Acres: 0.1770
  • Lot Size Sq Ft: 7710.12
  • Subdivision Name: Southern Oaks Sec 07

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 3600.00
  • Pets Allowed: No

Building Info

  • Construction Materials: Masonry – Partial

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Block: C
  • Tax Filled Sqft Total: 3648
  • Tax Lot: 2A
  • Tax Rate: 2.19652000000000
  • Tax Year: 2019
  • Tax Annual Amount: 11142.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2019
Closed on
Dec 13, 2019
Sold by
Patil Padmashree P and Patil Pramod S
Bought by
Wang Ruoon and Fang Yu
Seller's Agent
Brennan Duecy
All City Real Estate Ltd. Co
Buyer's Agent
Giuseppe Rizzi
One Real Estate
List Price
$600,000
Current Estimated Value
$832,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.30%
Original Mortgage
$451,875
Outstanding Balance
$399,171
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$433,252

Purchase Details

Closed on
Mar 16, 2006
Sold by
Hurry James D and Hurry Diana L
Bought by
Patil Pramod S and Patil Padmashree P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7.37%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wang Ruoon -- Prominent Title
Patil Pramod S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Ruoon $451,875
Previous Owner Patil Pramod S $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2019 12/13/19 Sold -- -- --
10/29/2019 10/29/19 Pending -- -- --
10/26/2019 10/26/19 For Sale $600,000 -- $164 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

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 $16,514 $806,954 $401,090 $405,864
2023 $17,886 $988,586 $400,000 $588,586
2022 $16,758 $848,543 $400,000 $448,543
2021 $13,541 $622,098 $200,000 $422,098
2020 $10,286 $479,579 $200,000 $279,579
2018 $11,231 $507,256 $200,000 $307,256
2017 $9,638 $368,160 $50,000 $318,160
2016 $6,992 $274,807 $50,000 $224,807
2015 $5,770 $279,000 $50,000 $229,000
2014 $5,770 $242,454 $50,000 $192,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 7021381

Unlock MLS (Austin Board of REALTORS®)

APN: 510716

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