NOT LISTED FOR SALE

Estimated Value: $967,000 - $1,089,090

-- Bed
1 Bath
2,068 Sq Ft
$506/Sq Ft Est. Value

Last Sold August 31, 2016

Current estimated payment $7,175/month

4 Days on Market

Highlights

  • City View
  • No HOA
  • Laundry in multiple locations
  • Russell Lee Elementary School Rated A-
  • 1-Story Property
  • 1-minute walk to Sparky Park

About This Home

As of August 2016

Fantastic turnkey investment property minutes to the University of Texas! Renovated 3/2 front house & brand new 2/1 garage apartment fully rented for $4,300 until 7/31/16 & increased to $4,400 per month until 7/31/17. Low maintenance property features wood floors, stainless steel appliances, large bedrooms, spacious living areas, 2 car garage, yard area between units, plenty of parking with easy alley access.

Last Agent to Sell the Property

Nathan Napolitano

Austin City Realty Sales License #0583925 Listed on: 07/28/2016

Austin City Realty Sales

Last Buyer's Agent

Cynthia Riley

Rocket Science Realty LLC License #0514535

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,480

Year Built

  • Built in 1917

Lot Details

  • 7,000 Sq Ft Lot

Parking

  • Alley Access

Home Design

  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Masonry Siding
  • HardiePlank Type

Interior Spaces

  • 2,068 Sq Ft Home
  • 1-Story Property
  • City Views
  • Laundry in multiple locations

Schools

  • Lee Elementary School
  • Lamar Middle School
  • Mccallum High School

Utilities

  • Central Air
  • No Heating
  • Separate Meters

Community Details

  • No Home Owners Association
  • 2 Units
  • Ward Add Resub Harper Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02170604180000
  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,480

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Building Area Total: 2068.00
  • Restrictions: None
  • Unit Mix: 2/1, 3/2
  • Year Built: 1917
  • Directions: From downtown head north on Guadalupe. Turn right (east) onto 38th street. Property will be on your right hand side, parking in back of house through alley access on Grooms street.
  • Disclosures: See Remarks
  • Estimated Taxes: 11480.00
  • FEMA Flood Plain: No
  • Fencing: None
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: One
  • Living Area: 2068.00
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Laundry Location: Multiple Locations
  • View: City
  • Accessibility Features: None
  • Property Condition: Resale, See Remarks
  • Security Features: None
  • Spa Features: None

Exterior Features

  • Exterior Features: None
  • Roof: Composition
  • Foundation: Pillar/Post/Pier, 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 Source: Public
  • Cooling: Central Air

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • School District: Austin ISD
  • Elementary School: Lee
  • High School: McCallum
  • Middle/Junior School: Lamar (Austin ISD)

Lot Info

  • Lot Features: Alley Access
  • Lot Size: 7000
  • Parcel Number: 02170604180000
  • Lot Size Acres: 0.1610
  • Lot Size Sq Ft: 7000.00
  • Subdivision Name: Ward Add Resub Harper

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 4400.00
  • Pets Allowed: No

Building Info

  • Construction Materials: Masonry – Partial, Frame, HardiPlank Type

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Filled Sqft Total: 2068
  • Tax Rate: 2.29608000000000
  • Tax Year: 2015
  • Tax Annual Amount: 11480.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2016
Closed on
Aug 30, 2016
Sold by
Pca Multi Family Llc
Bought by
Woelk Sarah E and Durst Philip
Seller's Agent
Nathan Napolitano
Austin City Realty Sales
Buyer's Agent
Cynthia Riley
Rocket Science Realty LLC
List Price
$649,000
Current Estimated Value
$1,046,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.47%
Original Mortgage
$236,900
Outstanding Balance
$189,348
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$857,175

Purchase Details

Closed on
Apr 27, 2011
Sold by
Rodewald David
Bought by
Pca Multi Family Llc

Purchase Details

Closed on
Jun 15, 1999
Sold by
Legett Carey and Legett Georgia Felter
Bought by
Rodewald David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
7.02%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Woelk Sarah E -- Key Title Group
Pca Multi Family Llc -- Itc
Rodewald David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woelk Sarah E $236,900
Previous Owner Rodewald David $174,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2016 08/31/16 Sold -- -- --
08/01/2016 08/01/16 Pending -- -- --
07/28/2016 07/28/16 For Sale $649,000 -- $314 / 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 $20,493 $959,536 $443,333 $516,203
2023 $16,831 $999,486 $0 $0
2022 $19,449 $984,787 $0 $0
2021 $16,438 $755,177 $312,000 $443,177
2020 $12,497 $582,658 $312,000 $270,658
2018 $13,516 $610,478 $340,000 $270,478
2017 $13,183 $591,112 $340,000 $251,112
2016 $10,864 $487,140 $312,000 $175,140
2015 $10,141 $500,000 $248,000 $252,000
2014 $10,141 $426,149 $248,000 $178,149
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 6920281

Unlock MLS (Austin Board of REALTORS®)

APN: 785936