$1,200,000
SOLD JAN 20, 2014
Last list price
-- Bed
-- Bath
4,977 Sq Ft
8,189 Sq Ft Lot

Recently Sold

$241 Per Sq Ft

115 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Living Room
  • Bryker Woods Elementary School Rated A
  • Porch
  • Laundry in multiple locations

About This Home

As of September 2015

Perfect mix of classic and modern, 10 bedrooms in 3 units with great cashflow! Main house is a 30's bungalow, lovingly renovated with an addition. The rear modern duplex is a 3/2.5 with (1) car attached garage and a 4/2.5 with a (2) attached garage. Entire property has been leased through 7/31/14. Rent roll is $7,985/mo. With all High Rise construction in campus properties like this are rare and just getting rarer. Excellent rental history and perfectly maintained.

Last Agent to Sell the Property

Deacon Shields

Ely Properties, Inc. License #0432383 Listed on: 09/27/2013

Ely Properties, Inc.

Last Buyer's Agent

Deacon Shields

Ely Properties, Inc. License #0432383 Listed on: 09/27/2013

Ely Properties, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,325

Year Built

  • Built in 1932

Lot Details

  • 8,189 Sq Ft Lot
  • Wood Fence

Parking

  • 3 Covered Spaces

Home Design

  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 4,977 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Wood Flooring

Kitchen

  • Dishwasher
  • Disposal

Laundry

  • Laundry in multiple locations
  • Gas Dryer Hookup

Outdoor Features

  • Porch

Schools

  • Bryker Woods Elementary School
  • Austin High School

Utilities

  • Central Air
  • No Heating
  • Separate Meters
  • Separate Water Meter
  • Phone Available

Community Details

  • No Home Owners Association
  • 3 Units
  • Harpers Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02170212110000
  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,325

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Building Area Total: 4977.00
  • Restrictions: None
  • Unit Mix: 3/2, 3/2.5, See Remarks
  • Year Built: 1932
  • Directions: Guadalupe then west on 29th Street then north on Pearl Street (just before Lamar)
  • Estimated Taxes: 24751.00
  • FEMA Flood Plain: No
  • Fencing: Wood
  • Guest Accommodation Description: None
  • Levels: Two
  • Living Area: 4977.00
  • Other Equipment: Electric Dryer Hookup, Gas Dryer Hookup
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Laundry Location: Multiple Locations
  • View: None
  • Flooring: Wood
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal
  • Property Condition: Resale, See Remarks
  • Security Features: None
  • Spa Features: None

Exterior Features

  • Exterior Features: Exterior Steps
  • Roof: Asphalt
  • Foundation: Pillar/Post/Pier, Slab
  • Patio And Porch Features: Porch
  • Pool Features: None
  • Private Pool: No
  • View: No
  • Waterfront Features: None

Garage/Parking

  • Total Covered Spaces: 3.00
  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Phone Available
  • Heating: None
  • 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: Bryker Woods
  • High School: Austin
  • Elementary School: Bryker Woods
  • High School: Austin

Lot Info

  • Lot Features: None
  • Parcel Number: 02170212110000
  • Lot Size Acres: 0.1880
  • Lot Size Sq Ft: 8189.28
  • Subdivision Name: Harpers

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 7985.00
  • Pets Allowed: No

Building Info

  • Construction Materials: Frame

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Filled Sqft Total: 4977
  • Tax Rate: 2.41905000000000
  • Tax Year: 2013
  • Tax Annual Amount: 15325.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2018
Sold by
Caven Thomas
Bought by
Pearl Street Llc
Current Estimated Value
$1,755,759

Purchase Details

Listed on
Sep 27, 2013
Closed on
Dec 30, 2013
Sold by
Sullivan Thomas E and Sullivan Joanna G
Bought by
Pearl Pad Llc
Seller's Agent
Deacon Shields
Ely Properties, Inc.
Buyer's Agent
Deacon Shields
Ely Properties, Inc.
List Price
$1,200,000
Sold Price
$1,090,000
Premium/Discount to List
-$110,000
-9.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.09%
Original Mortgage
$817,500
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2006
Sold by
Smith Gregory Scott and Smith Kerri L
Bought by
Sullivan Thomas E and Sullivan Joanna G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.22%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 31, 2004
Sold by
Lerner Elizabeth Arend and Arend Elizabeth Kay
Bought by
Smith Gregory Scott and Smith Kerri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Special Warranty Deed -- None Available
Vendors Lien -- Independence Title Company
Vendors Lien -- Texas American Title
Vendors Lien -- Atc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $817,500 New Conventional
Previous Owner $700,000 Fannie Mae Freddie Mac
Previous Owner $232,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2015 09/24/15 Sold -- -- --
08/25/2015 08/25/15 Pending -- -- --
08/17/2015 08/17/15 For Sale $1,490,000 +24.2% $299 / Sq Ft
01/20/2014 01/20/14 Sold -- -- --
01/20/2014 01/20/14 Pending -- -- --
09/27/2013 09/27/13 For Sale $1,200,000 -- $241 / 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 $37,856 $2,092,371 $660,000 $1,432,371
2022 $41,323 $2,092,371 $660,000 $1,432,371
2021 $28,134 $1,292,500 $429,000 $863,500
2020 $17,576 $819,456 $429,000 $390,456
2018 $20,627 $931,676 $429,000 $502,676
2017 $20,726 $929,341 $429,000 $500,341
2016 $31,907 $1,430,713 $385,000 $1,045,713
2015 $24,019 $1,252,830 $341,000 $911,830
2014 $24,019 $1,009,297 $341,000 $668,297
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8124701

Unlock MLS (Austin Board of REALTORS®)

APN: 211337