NOT LISTED FOR SALE

Estimated Value: $788,689 - $978,000

-- Bed
4 Baths
3,572 Sq Ft
$247/Sq Ft Est. Value

Last Sold April 26, 2017

Current estimated payment $5,809/month

5 Days on Market

Highlights

  • Mature Trees
  • Living Room
  • Central Air
  • No HOA
  • Laundry in multiple locations
  • Privacy Fence

About This Home

As of April 2017

MULTIPLE OFFERS. Highest/best deadline 2pm Monday, 3/27/17. HIGH ROI/cash flow in north central Austin. Fully leased, great tenants/rents. Remodeled in last few years, so unit interiors are looking good. Includes 3 full washer/dryer sets (all except unit 202). Best 4-plex investment on the market.Restrictions: Yes

Last Agent to Sell the Property

Jeff Lowther

Austin Property Investments License #0425458 Listed on: 03/24/2017

Last Buyer's Agent

Andrew Holbrook

Holby Homes, LLC License #0610187

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,571

Year Built

  • Built in 1971

Lot Details

  • 8,799 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Level Lot
  • Mature Trees

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Stone Siding

Interior Spaces

  • 3,572 Sq Ft Home
  • 2-Story Property
  • Living Room

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Laundry

  • Laundry in multiple locations
  • Dryer
  • Washer

Schools

  • Brown Elementary School
  • Webb Middle School
  • Navarro Early College High School

Utilities

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

Community Details

  • No Home Owners Association
  • 4 Units
  • Holiday Heights Sec 01 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02311409340000
  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,571

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Building Area Total: 3572.00
  • Restrictions: None
  • Unit Mix: 2/1
  • Year Built: 1971
  • Directions: From Saint Johns west of IH 35; turn north on Eastcrest; turn right on E. Croslin.; building is on the left.
  • Estimated Taxes: 4571.21
  • FEMA Flood Plain: No
  • Fencing: Fenced, Privacy, Wood
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 3572.00
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Laundry Location: Multiple Locations
  • View: None
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Dryer, Free-Standing Range, Washer
  • Property Condition: Resale, See Remarks
  • Security Features: None
  • Spa Features: None

Exterior Features

  • Exterior Features: Exterior Steps
  • 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: None
  • Heating: Electric
  • Meter Description: Electric Separate, Water Separate
  • Water Source: Public
  • Cooling: Central Air

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Brown
  • Middle School: Webb
  • High School: Navarro Early College
  • Elementary School: Brown
  • High School: Navarro Early College
  • Middle/Junior School: Webb

Lot Info

  • Lot Features: Level, Trees-Large (Over 40 Ft)
  • Lot Size: .20 ac
  • Parcel Number: 02311409340000
  • Lot Size Acres: 0.2020
  • Lot Size Sq Ft: 8799.12
  • Subdivision Name: Holiday Heights Sec 01

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 4146.00
  • Pets Allowed: No

Building Info

  • Construction Materials: Frame, Stone

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Filled Sqft Total: 3572
  • Tax Rate: 2.23010000000000
  • Tax Year: 2016
  • Tax Annual Amount: 4571.21
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2017
Closed on
Apr 26, 2017
Sold by
Ramirez Gelso Raul Reyes
Bought by
Chang Julie Rou Lee and Chang Eric Shaing Min
Seller's Agent
Jeff Lowther
Austin Property Investments
Buyer's Agent
Andrew Holbrook
Holby Homes, LLC
List Price
$499,900
Current Estimated Value
$883,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.85%
Original Mortgage
$408,750
Outstanding Balance
$342,569
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$540,776

Purchase Details

Listed on
Mar 24, 2017
Closed on
Apr 25, 2017
Sold by
Chang Julie Rou Lee and Sun Eric Shaing Min
Bought by
Peachwood Property Llc
Seller's Agent
Jeff Lowther
Austin Property Investments
Buyer's Agent
Andrew Holbrook
Holby Homes, LLC
List Price
$499,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,750
Outstanding Balance
$342,569
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$540,776

Purchase Details

Closed on
Aug 24, 2015
Sold by
St Johns 4Plexes Llc
Bought by
Ramirez Celso Raul Reyes and City Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2014
Sold by
Partridge Julian P
Bought by
St John S 4Plexes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,792
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 2009
Sold by
The Bank Of New York Mellon
Bought by
Partridge Julian P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 2009
Sold by
Ballesteros Amy and Ballesteros Lennie
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jun 3, 2004
Sold by
Stephanian Armen
Bought by
Ballesteros Lennie P and Ballesteros Amy C

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
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 1998
Sold by
Stephanian Armand A and Stephanian Armen
Bought by
Stephanian Armen

Purchase Details

Closed on
Oct 10, 1997
Sold by
Armen & Arsham Investment Properties
Bought by
Arsham H Stephanian Family Trust
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 Buyer Sale Price Title Company
Chang Julie Rou Lee -- None Available
Peachwood Property Llc -- None Available
Ramirez Celso Raul Reyes -- Attorney
St John S 4Plexes Llc -- None Available
Partridge Julian P -- Lsi Title Agency Inc
The Bank Of New York Mellon $140,250 None Available
Ballesteros Lennie P -- Fidelity National Title Insu
Stephanian Armen -- --
Arsham H Stephanian Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Julie Rou Lee $408,750
Previous Owner Ramirez Celso Raul Reyes $356,250
Previous Owner St John S 4Plexes Llc $223,792
Previous Owner Partridge Julian P $133,600
Previous Owner Ballesteros Lennie P $174,000
Previous Owner Stephanian Armen $150,000
Previous Owner Stephanian Armen $150,000
Closed Ballesteros Lennie P $43,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2017 04/26/17 Sold -- -- --
03/29/2017 03/29/17 Pending -- -- --
03/24/2017 03/24/17 For Sale $499,900 -- $140 / 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 $12,058 $574,253 $354,000 $220,253
2023 $12,512 $691,542 $345,000 $346,542
2022 $15,065 $762,835 $345,000 $417,835
2021 $11,265 $517,519 $230,000 $287,519
2020 $10,144 $472,952 $230,000 $242,952
2018 $10,802 $487,880 $230,000 $257,880
2017 $9,518 $426,804 $155,250 $271,554
2016 $4,571 $204,974 $155,250 $49,724
2015 $4,112 $245,000 $155,250 $89,750
2014 $4,112 $192,960 $132,250 $60,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8068519

Unlock MLS (Austin Board of REALTORS®)

APN: 232693