NOT LISTED FOR SALE

Estimated Value: $1,180,729 - $1,422,000

-- Bed
4 Baths
2,917 Sq Ft
$446/Sq Ft Est. Value

Last Sold September 24, 2020

Current estimated payment $8,729/month

5 Days on Market

Highlights

  • Wooded Lot
  • Loft
  • No HOA
  • Russell Lee Elementary School Rated A-
  • 1 Fireplace
  • 4-minute walk to Sparky Park

About This Home

As of September 2020

Rare Fourplex in Hyde Park, walk to UT. 8000+ sq ft. MF-3 lot + prop,. next door for sale too ( see ML#2802644) so 20,587 MF3 land total. 100% leased until July 31st 2021. Covered parking spaces, washer and dryer units are located in a closet in carport and shared by all tenants. Units A,B & C have a storage closet in the carport. New roof in 2020. Remodeled units A,B, and C. Great cash- flow property with high rent and price appreciation potential. Very high land value.

Last Agent to Sell the Property

Tony Lazarov

Respace LLC License #0459968 Listed on: 07/30/2020

Last Buyer's Agent

Tony Lazarov

Respace LLC License #0459968 Listed on: 07/30/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,886

Year Built

  • Built in 1959

Lot Details

  • 7,797 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Wooded Lot

Parking

  • Covered Parking

Home Design

  • Slab Foundation
  • Composition Roof
  • Masonry Siding

Interior Spaces

  • Walk-In Closet
  • 2,917 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • 1 Fireplace
  • Window Treatments
  • Living Room
  • Loft
  • Storage
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Free-Standing Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Concrete
  • Tile
  • Vinyl

Accessible Home Design

  • No Interior Steps
  • No Carpet

Schools

  • Lee Elementary School
  • Kealing Middle School
  • Mccallum High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Space Heater
  • Separate Meters
  • Shared Water Meter

Listing and Financial Details

  • Assessor Parcel Number 02170602060000
  • 2% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Steck E L Subdivision

Amenities

  • Common Area
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,886

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Building Area Total: 2917.00
  • Restrictions: None
  • Unit Mix: 1/1, See Remarks
  • Year Built: 1959
  • Directions: North on Duval, left on 33rd, right on Tom Green
  • Disclosures: Lead Base Paint Addendum
  • Estimated Taxes: 13886.00
  • FEMA Flood Plain: No
  • Fencing: Fenced, Privacy
  • Fireplaces: 1
  • Guest Accommodation Description: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 2917.00
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Title: Seller
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, No Interior Steps, Walk-In Closet(s)
  • Laundry Location: Common Area
  • View: None
  • Flooring: Carpet, Concrete, Laminate, No Carpet, Tile, Vinyl
  • Accessibility Features: None
  • Appliances: Cooktop, Dishwasher, Oven, Free-Standing Range, Refrigerator
  • Property Condition: See Remarks
  • Security Features: Smoke Detector(s)
  • Spa Features: None
  • Window Features: Window Treatments

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: Electricity Available, Natural Gas Available
  • Heating: Space Heater
  • Meter Description: Electric Separate, Gas Separate, Water Common
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)

Association/Amenities

  • Association: No
  • Community Features: Common Grounds, Covered Parking

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Lee
  • Middle School: Kealing
  • High School: McCallum
  • Elementary School: Lee
  • High School: McCallum
  • Middle/Junior School: Kealing

Lot Info

  • Lot Features: Trees-Moderate, See Remarks
  • Lot Size: 7800
  • Parcel Number: 02170602060000
  • Lot Size Acres: 0.1790
  • Lot Size Sq Ft: 7797.24
  • Subdivision Name: Steck E L

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 6759.00
  • Pets Allowed: No

Building Info

  • Construction Materials: Masonry – All Sides

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Rate: 2.14490000000000
  • Tax Year: 2020
  • Tax Annual Amount: 13886.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Sep 17, 2020
Sold by
3304 Tom Green Llc
Bought by
Price Adam
Seller's Agent
Tony Lazarov
Respace LLC
Buyer's Agent
Tony Lazarov
Respace LLC
List Price
$995,000
Current Estimated Value
$1,296,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.55%
Original Mortgage
$708,750
Outstanding Balance
$633,558
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$597,578

Purchase Details

Listed on
Jan 23, 2017
Closed on
May 4, 2017
Sold by
Farouk Tamim Jon
Bought by
3304 Tom Green Llc
Seller's Agent
Tara Butler
Eyes of Texas Properties
Buyer's Agent
Tony Lazarov
Uptown Realty LLC
List Price
$800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.37%
Original Mortgage
$452,000
Interest Rate
4.03%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 15, 1996
Sold by
Greer Robert G
Bought by
Farouk Tamim Jon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
8.24%
Mortgage Type
Seller Take Back
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
Price Adam -- Capstone Title
3304 Tom Green Llc -- Select Title Llc
Farouk Tamim Jon -- Gracy Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Price Adam $708,750
Previous Owner 3304 Tom Green Llc $452,000
Previous Owner Farouk Tamim Jon $173,900
Previous Owner Farouk Tamim Jon $166,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2020 09/24/20 Sold -- -- --
08/04/2020 08/04/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $995,000 +24.4% $341 / Sq Ft
05/09/2017 05/09/17 Sold -- -- --
04/29/2017 04/29/17 Pending -- -- --
01/23/2017 01/23/17 For Sale $800,000 -- $274 / 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 $19,544 $936,036 $572,833 $363,203
2023 $19,544 $899,150 $425,000 $474,150
2022 $20,087 $1,017,112 $425,000 $592,112
2021 $20,570 $945,000 $425,000 $520,000
2020 $13,886 $647,424 $425,000 $222,424
2019 $13,471 $613,300 $425,000 $188,300
2018 $12,177 $550,000 $425,000 $125,000
2017 $12,156 $545,070 $425,000 $120,070
2016 $11,503 $515,785 $390,000 $125,785
2015 $11,960 $574,615 $310,000 $264,615
2014 $11,960 $502,573 $310,000 $192,573
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 9531977

Unlock MLS (Austin Board of REALTORS®)

APN: 211483