NOT LISTED FOR SALE

Estimated Value: $947,000 - $1,087,015

-- Bed
5 Baths
2,562 Sq Ft
$397/Sq Ft Est. Value

Last Sold January 03, 2017

Current estimated payment $6,476/month

9 Days on Market

Highlights

  • 0.92 Acre Lot
  • View of Hills
  • Wooded Lot
  • Valley View Elementary School Rated A+
  • Community Lake
  • Wood Flooring

About This Home

As of January 2017

Investor opportunity*Potential for a condo regime and to build additional condos on the back property *Charming Hill Country style Duplex with covered porches and views*Open Living and Dining room with wood floors*Spacious Master bedroom with a private balcony*Quiet location on a large lot for expansion*Serious inquiries for showings*Photos reflect smaller B unitRestrictions: Yes

Last Agent to Sell the Property

Allison Curlee

Kuper Sotheby's Int'l Realty License #0427009 Listed on: 11/04/2016

Kuper Sotheby's Int'l Realty

Last Buyer's Agent

Cen Chen

All Side Realty License #0629164

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,788

Year Built

  • Built in 1983

Lot Details

  • 0.92 Acre Lot
  • Chain Link Fence
  • Corner Lot
  • Wooded Lot

Home Design

  • Slab Foundation
  • Metal Roof
  • Masonry Siding

Interior Spaces

  • Walk-In Closet
  • 2,562 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • Storage
  • Views of Hills

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Laundry

  • Laundry in multiple locations
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Valley View Elementary School
  • West Ridge Middle School
  • Westlake High School

Utilities

  • Central Heating and Cooling System
  • Private Water Source
  • Shared Water Meter
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 01293811090000
  • 2% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • Voluntary home owners association
  • 2 Units
  • Lake Ridge Estates Sec 03 Subdivision
  • Community Lake

Recreation

  • Community Playground
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,788

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Building Area Total: 2562.00
  • Restrictions: See Remarks
  • Unit Mix: 2/1.5, 3/2.5
  • Year Built: 1983
  • Directions: Bee Caves Road turn right on Cuernavaca, left on Lake Ridge, Left on Lake Hills, Right on Wildflower, left on Laurelwood-corner of Wildflower and Laurelwood
  • Disclosures: Other Disclosures, Seller Disclosure
  • Estimated Taxes: 5788.00
  • FEMA Flood Plain: No
  • Fencing: Chain Link
  • Fireplaces: 1
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 2562.00
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • Laundry Location: Multiple Locations
  • View: Hill Country
  • Flooring: Carpet, Wood
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Dryer, Free-Standing Range, Refrigerator, Washer, Water Heater-Gas
  • Property Condition: Resale
  • Security Features: None
  • Spa Features: None

Exterior Features

  • Exterior Features: Balcony
  • Roof: Metal
  • Foundation: Slab
  • Patio And Porch Features: Covered, Porch
  • Pool Features: None
  • Private Pool: No
  • View: Yes
  • Waterfront Features: None

Garage/Parking

  • Parking Features: None

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Heating: Central
  • Meter Description: Water Common
  • Water Source: Private
  • Cooling: Ceiling Fan(s), Central Air

Condo/Co-op/Association

  • Association Fee Frequency: See Remarks

Association/Amenities

  • Requirement: Voluntary
  • Association: No
  • Community Features: Lake, Playground, Pool, See Remarks

Schools

  • School District: Eanes ISD
  • School District: Eanes ISD
  • Elementary School: Valley View
  • Middle School: West Ridge
  • High School: Westlake
  • Elementary School: Valley View
  • High School: Westlake
  • Middle/Junior School: West Ridge

Lot Info

  • Lot Features: Corner Lot, Trees-Medium (20 Ft - 40 Ft), Views
  • Parcel Number: 01293811090000
  • Lot Size Acres: 0.9150
  • Lot Size Sq Ft: 39857.40
  • Subdivision Name: Lake Ridge Estates Sec 03

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 1625.00
  • Pets Allowed: No

Building Info

  • Construction Materials: Masonry – Partial

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Filled Sqft Total: 2562
  • Tax Rate: 1.94238000000000
  • Tax Year: 2016
  • Tax Annual Amount: 5788.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2016
Sold by
Dodson Lee
Bought by
Wang Xiaodong and Wang Yan
Current Estimated Value
$1,017,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,500
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 11, 2010
Sold by
Davis James V and Davis Sharon
Bought by
Dodson Lee

Purchase Details

Closed on
Jan 27, 2006
Sold by
World Savings Bank
Bought by
Davis James V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
5.71%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 21, 2003
Sold by
Morris Mark A
Bought by
Morris Malissie K

Purchase Details

Closed on
Aug 30, 2001
Sold by
So Annie
Bought by
Morris Mark A

Purchase Details

Closed on
Sep 30, 1994
Sold by
Massicott Anne Devine and Devine Anne
Bought by
Morris Mark A and Morris Annie S
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
Wang Xiaodong -- None Available
Wang Xiaodong -- None Available
Dodson Lee -- None Available
Dodson Lee -- None Available
Davis James V -- Fidelity National Title
Davis James V -- Fidelity National Title
Morris Malissie K -- Austin Title Company
Morris Malissie K -- Austin Title Company
Morris Mark A -- --
Morris Mark A -- --
Morris Mark A -- --
Morris Mark A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Xiaodong $588,000
Previous Owner Wang Xiaodong $376,500
Previous Owner Davis James $147,570
Previous Owner Davis James $45,000
Previous Owner Davis James V $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2017 01/03/17 Sold -- -- --
11/13/2016 11/13/16 Pending -- -- --
11/04/2016 11/04/16 For Sale $495,000 -- $193 / 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 $12,681 $851,610 $563,129 $288,481
2023 $12,332 $902,015 $525,000 $377,015
2022 $15,889 $1,001,004 $525,000 $476,004
2021 $9,181 $539,645 $400,000 $139,645
2020 $8,825 $495,834 $256,000 $239,834
2018 $9,151 $491,480 $256,000 $235,480
2017 $6,905 $363,302 $240,000 $123,302
2016 $5,664 $297,987 $160,000 $137,987
2015 $4,929 $297,987 $124,000 $173,987
2014 $4,929 $247,646 $124,000 $123,646
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2342618

Unlock MLS (Austin Board of REALTORS®)

APN: 125663