NOT LISTED FOR SALE

Estimated Value: $502,848 - $571,000

-- Bed
4 Baths
2,193 Sq Ft
$245/Sq Ft Est. Value

Last Sold September 23, 2016

Current estimated payment $3,644/month

12 Days on Market

Highlights

  • View of Trees or Woods
  • Wooded Lot
  • No HOA
  • 0.16 Acre Lot
  • 2 Fireplaces
  • Living Room

About This Home

As of September 2016

Total rents $2,295 per month = cash flow! Both units 3 bedroom & 2 bath. Hard tile throughout unit B. Well located minutes from downtown & the airport; quick I-35 & Ben White access. Long term tenants are month-to-month. Area may support large improvements and bring increased rent or let it cash flow as it is; see comps. Unit A is section 8 which guarantees rent’s paid. 12% return for investors can’t be beat! Nothing this good on the market.

Last Agent to Sell the Property

Mark Jauregui

NorthMax Realty License #0563016 Listed on: 08/04/2016

Last Buyer's Agent

Tony Lazarov

Uptown Realty LLC License #0459968

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,185

Year Built

  • Built in 1972

Lot Details

  • 7,144 Sq Ft Lot
  • Wood Fence
  • Chain Link Fence
  • Lot Sloped Down
  • Wooded Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,193 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Living Room
  • Tile Flooring
  • Views of Woods
  • Laundry in multiple locations

Kitchen

  • Free-Standing Range
  • Dishwasher

Schools

  • Linder Elementary School
  • Lively Middle School
  • Travis High School

Utilities

  • No Heating
  • Separate Meters
  • Shared Water Meter

Community Details

  • No Home Owners Association
  • 2 Units
  • Greenbriar Sec 04 Subdivision

Listing and Financial Details

  • Down Payment Assistance Available
  • Assessor Parcel Number 03070204410000
  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,185

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Building Area Total: 2193.00
  • Restrictions: None
  • Unit Mix: 3/2
  • Year Built: 1972
  • Directions: from IH35, east on Oltorf, turn right on Parker Lane, will be about 4 blocks on right. No sign on property.
  • Estimated Taxes: 3185.42
  • FEMA Flood Plain: No
  • Fencing: Chain Link, Wood
  • Fireplaces: 2
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: One
  • Living Area: 2193.00
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Laundry Location: Multiple Locations
  • View: Trees/Woods
  • Flooring: Tile
  • Accessibility Features: None
  • Appliances: Dishwasher, Free-Standing Range, Refrigerator
  • Property Condition: 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: Yes
  • Waterfront Features: None

Garage/Parking

  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Heating: None
  • Meter Description: Electric Separate, Water Common
  • Water Source: Public

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Linder
  • Middle School: Lively
  • High School: Travis
  • Elementary School: Linder
  • High School: Travis
  • Middle/Junior School: Lively

Lot Info

  • Lot Features: Sloped Down, Trees-Medium (20 Ft - 40 Ft)
  • Parcel Number: 03070204410000
  • Lot Size Acres: 0.1640
  • Lot Size Sq Ft: 7143.84
  • Subdivision Name: Greenbriar Sec 04

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 2295.00
  • Pets Allowed: No

Building Info

  • Construction Materials: Brick Veneer, Frame

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Filled Sqft Total: 2193
  • Tax Rate: 2.38230000000000
  • Tax Year: 2012
  • Tax Annual Amount: 3185.42
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2017
Sold by
Rastogi Vipul
Bought by
Gutta Sirish and Varlagadda Sai
Current Estimated Value
$536,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,250
Outstanding Balance
$284,143
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$252,781

Purchase Details

Listed on
Aug 4, 2016
Closed on
Sep 23, 2016
Sold by
Loverro Nicholas P
Bought by
Rastogi Vipul
Seller's Agent
Mark Jauregui
NorthMax Realty
Buyer's Agent
Tony Lazarov
Uptown Realty LLC
List Price
$289,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%
Original Mortgage
$217,500
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 20, 2013
Closed on
Jul 31, 2013
Sold by
Stevenson Gordon R and Johnson Mary G
Bought by
Loverro Nicholas P
Seller's Agent
Sam Gentry
Gentry Property Services
Buyer's Agent
Mark Jauregui
NorthMax Realty
List Price
$158,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.07%
Original Mortgage
$119,100
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2005
Sold by
Vonohlen David and Von Ohlen David L
Bought by
Stevenson Gordon R and Johnson Mary G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
4.69%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 14, 1998
Sold by
Panhorst Miriam
Bought by
Vonohlen David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,200
Interest Rate
7.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 1995
Sold by
Radford Robert Knox and Radford Charlotte M
Bought by
Panhorst Miriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,500
Interest Rate
9.13%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 23, 1994
Sold by
Bing Robert H and Bing Carol J
Bought by
Panhorst Miriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
8.69%
Mortgage Type
Purchase Money Mortgage
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
Gutta Sirish -- None Available
Rastogi Vipul -- None Available
Loverro Nicholas P -- None Available
Stevenson Gordon R -- Gracy Title Company
Vonohlen David -- --
Panhorst Miriam -- Commonwealth Land Title
Panhorst Miriam -- Austin Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutta Sirish $341,250
Previous Owner Rastogi Vipul $217,500
Previous Owner Loverro Nicholas P $119,100
Previous Owner Stevenson Gordon R $123,750
Previous Owner Ohlen David L Von $96,277
Previous Owner Vonohlen David $95,200
Previous Owner Panhorst Miriam $57,500
Previous Owner Panhorst Miriam $76,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2016 09/23/16 Sold -- -- --
08/16/2016 08/16/16 Pending -- -- --
08/04/2016 08/04/16 For Sale $289,900 +82.6% $132 / Sq Ft
07/31/2013 07/31/13 Sold -- -- --
05/08/2013 05/08/13 Pending -- -- --
04/20/2013 04/20/13 For Sale $158,800 -- $72 / 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 $8,889 $545,676 $242,782 $302,894
2023 $10,862 $669,637 $175,000 $494,637
2022 $12,336 $624,631 $175,000 $449,631
2021 $8,568 $393,609 $175,000 $218,609
2020 $6,872 $320,400 $167,952 $152,448
2018 $7,137 $322,363 $175,000 $147,363
2017 $6,479 $290,533 $175,000 $115,533
2016 $6,293 $282,179 $60,000 $222,179
2015 $3,109 $181,915 $60,000 $121,915
2014 $3,109 $130,642 $60,000 $70,642
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 6086019

Unlock MLS (Austin Board of REALTORS®)

APN: 287506