NOT LISTED FOR SALE

Estimated Value: $423,000 - $802,000

Studio
4 Baths
3,734 Sq Ft
$176/Sq Ft Est. Value

Last Sold March 09, 2017

Current estimated payment $4,337/month

6 Days on Market

Highlights

  • No HOA
  • Porch
  • Central Air
  • Reilly Elementary School Rated 9+
  • Laundry in multiple locations
  • Wood Fence

About This Home

As of March 2017

Fully leased garden-style fourplex near Crestview Station and ACC Highland campus. Each unit is 2 bed 1 bath. Professionally managed. Great opportunity for buy and hold investor looking for cashflow, appreciation and upside potential on rental income.FEMA - Unknown

Last Agent to Sell the Property

Albert Saenz

Cadenza Realty License #0509534 Listed on: 02/01/2017

Last Buyer's Agent

Jamie Avila

TCP Real Estate, Inc. License #0509096

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 6,578 Sq Ft Lot
  • Wood Fence

Home Design

  • Slab Foundation
  • Composition Roof
  • Masonry Siding

Interior Spaces

  • 3,734 Sq Ft Home
  • 2-Story Property
  • Laundry in multiple locations

Outdoor Features

  • Porch

Schools

  • Reilly Elementary School
  • Webb Middle School
  • Mccallum High School

Utilities

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

Community Details

  • No Home Owners Association
  • 4 Units
  • Silverton Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 10 / 6
  • Assessor Parcel Number 02311103150000
  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

6,578 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Building Area Total: 3734.00
  • Restrictions: None
  • Unit Mix: 2/1
  • Year Built: 1985
  • Directions: From Crestview Station, go South on Airport one block, turn left on Kenniston. Go one more block to 404 Kenniston (on left)
  • Disclosures: Rental Records Available
  • Estimated Taxes: 5251.00
  • Fencing: Fenced, Wood
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 3734.00
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

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

Exterior Features

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

Garage/Parking

  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Heating: None
  • Meter Description: Electric Separate, Water Separate
  • Water Source: Public
  • Cooling: Central Air

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • School District: Austin ISD
  • Elementary School: Reilly
  • High School: McCallum
  • Middle/Junior School: Webb

Lot Info

  • Lot Features: None
  • Parcel Number: 02311103150000
  • Lot Size Acres: 0.1510
  • Lot Size Sq Ft: 6577.56
  • Subdivision Name: Silverton Heights

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 3745.00
  • Pets Allowed: No

Building Info

  • Construction Materials: Masonry – Partial

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Block: 6
  • Tax Filled Sqft Total: 3734
  • Tax Lot: 10
  • Tax Rate: 2.29608000000000
  • Tax Year: 2016
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2017
Closed on
Mar 9, 2017
Sold by
Magner Maeve
Bought by
Bercanson Properties Llc
Seller's Agent
Albert Saenz
Cadenza Realty
Buyer's Agent
Jamie Avila
TCP Real Estate, Inc.
List Price
$479,000
Current Estimated Value
$656,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.22%
Original Mortgage
$431,200
Outstanding Balance
$357,773
Interest Rate
4.19%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$298,410

Purchase Details

Closed on
Oct 25, 2007
Sold by
Smith Dubb and Smith William F
Bought by
Magner Maeve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,350
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
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
Bercanson Properties Llc -- None Available
Magner Maeve -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bercanson Properties Llc $431,200
Previous Owner Magner Maeve $204,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2017 03/09/17 Sold -- -- --
02/07/2017 02/07/17 Pending -- -- --
02/01/2017 02/01/17 For Sale $479,000 -- $128 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

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 $11,466 $560,271 $308,527 $251,744
2023 $11,963 $731,655 $300,000 $431,655
2022 $15,170 $768,111 $300,000 $468,111
2021 $10,753 $494,018 $200,000 $294,018
2020 $11,010 $513,300 $200,000 $313,300
2018 $11,813 $533,569 $200,000 $333,569
2017 $9,697 $434,832 $135,000 $299,832
2016 $5,101 $228,715 $135,000 $93,715
2015 $4,246 $285,936 $135,000 $150,936
2014 $4,246 $178,420 $115,000 $63,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8095791

Unlock MLS (Austin Board of REALTORS®)

APN: 232408

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