NOT LISTED FOR SALE

Estimated Value: $181,000 - $389,000

2 Beds
2 Baths
1,792 Sq Ft
$140/Sq Ft Est. Value

Last Sold March 25, 2019

Current estimated payment $1,668/month

43 Days on Market

Highlights

  • No HOA
  • Laundry in multiple locations
  • Wood Fence

About This Home

As of March 2019

This duplex is the Old Karem Building and is half a mile to edge of Capitol Heights neighborhood. With a minimum of repairs, keep as a rental grade property and get the cash flow going. Or make upgrades to capture the full equity of the property i.e., you can fix and flip to make a profit. A recent appraisal by the owner shows that a fixed up and upgraded property could be valued at 122k. This is a single family residence converted to a duplex with a 1Br/1Ba upstairs and 2Br/2Ba downstairs.Restrictions: Yes

Last Agent to Sell the Property

Jack Zagunis

Central Metro Realty License #0673886 Listed on: 01/24/2019

Central Metro Realty

Last Buyer's Agent

Non Member

Non Member License #785011

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,215

Year Built

  • Built in 1943

Lot Details

  • Wood Fence
  • Few Trees
  • The community has rules related to zoning restrictions

Parking

  • Assigned Parking

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,792 Sq Ft Home
  • 2-Story Property
  • Laundry in multiple locations

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Separate Meters

Community Details

  • No Home Owners Association
  • 2 Units
  • Karem Park Subdivision

Listing and Financial Details

  • Down Payment Assistance Available
  • Legal Lot and Block 8A 9E / 3
  • Assessor Parcel Number unknown
  • 3% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,215

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Building Area Total: 1792.00
  • Restrictions: City Restrictions, Zoning
  • Unit Mix: 2/1
  • Year Built: 1943
  • Directions: from Vally mills head north on W Waco Dr and the home is on your right.
  • Disclosures: Lead Base Paint Addendum, Seller Disclosure, Seller Provided Survey Available
  • Estimated Taxes: 3215.04
  • ETJ Extra Territorial Jurdn: See Remarks
  • FEMA Flood Plain: No
  • Fencing: Fenced, Wood
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 1792.00
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

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

Exterior Features

  • Exterior Features: None
  • Roof: Composition
  • Foundation: See Remarks
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • View: No
  • Waterfront Features: None

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Heating: None
  • Meter Description: Electric Separate
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • Middle Other: Tennyson
  • Elementary School: Crestview
  • High School: Waco High

Lot Info

  • Lot Features: Trees-Sparse, See Remarks
  • Lot Size: .1559
  • Special Assessment: No
  • Parcel Number: unknown
  • Subdivision Name: KAREM PARK

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No

Building Info

  • Construction Materials: Frame

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Block: 3
  • Tax Lot: 8A 9E
  • Tax Rate: 2.81000000000000
  • Tax Year: 2018
  • Tax Annual Amount: 3215.04
  • Tax Exemptions: See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 1, 2022
Sold by
Alonso Jose and Alonso Rocio
Bought by
Alonso Maria
Current Estimated Value
$250,697

Purchase Details

Closed on
Jan 18, 2017
Sold by
Honey S Rentals Llc
Bought by
Mcwhorter Travis and Mcwhorter Laura

Purchase Details

Closed on
May 9, 2014
Sold by
Lanier Judy
Bought by
Honey S Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,950
Interest Rate
4.38%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Alonso Maria -- None Listed On Document
Alonso Rocio -- None Listed On Document
Mcwhorter Travis -- None Available
Honey S Rentals Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Honeys Rentals Llc $153,500
Previous Owner Honeys Rentals Llc $39,950
Previous Owner Honey S Rentals Llc $39,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2019 03/25/19 Sold -- -- --
03/08/2019 03/08/19 Pending -- -- --
02/15/2019 02/15/19 Price Changed $53,179 -3.3% $30 / Sq Ft
02/14/2019 02/14/19 Price Changed $55,000 -8.3% $31 / Sq Ft
01/24/2019 01/24/19 For Sale $60,000 -- $33 / 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
2024 $3,746 $166,070 $44,210 $121,860
2023 $3,830 $170,850 $44,210 $126,640
2022 $3,887 $154,430 $38,440 $115,990
2021 $3,419 $128,600 $26,900 $101,700
2020 $3,422 $126,180 $25,560 $100,620
2019 $3,205 $113,940 $24,420 $89,520
2018 $3,248 $114,280 $23,430 $90,850
2017 $2,451 $86,000 $22,340 $63,660
2016 $1,425 $50,000 $26,020 $23,980
2015 $2,952 $50,000 $26,020 $23,980
2014 $2,952 $104,900 $25,000 $79,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 4995785

Unlock MLS (Austin Board of REALTORS®)

APN: 48-025000-005100-9