NOT LISTED FOR SALE

4907 Merritt Cir Unit D Austin, TX 78744

Franklin Park Neighborhood

Estimated Value: $665,000

2 Beds
1 Bath
800 Sq Ft
$831/Sq Ft Est. Value

Highlights

  • Corner Lot
  • Enclosed patio or porch
  • Central Heating
  • Balcony
  • Vinyl Plank Flooring
  • 5-minute walk to Ponciana Neighborhood Park

About This Home

As of November 2018

** $500 OFF FIRST MONTH!! * YES TO SECTION 8 * NO CARPET!! Beautiful & Durable Vinyl Wood Plank Flooring throughout unit! This super convenient, first floor unit is freshly renovated and comes complete with washer, dryer and refrigerator. Property is located immediately next door to bus stop and convenience store. Landlord will consider pets that are appropriate for a 800 sf unit. Each unit comes with 2 parking spaces. Has a great deck outside the kitchen for watching the sunsets.

Last Agent to Rent the Property

Marc Witmer

Austin Landmark Prop. Services License #0521916 Listed on: 08/17/2018

Last Renter's Agent

Abigail Tatkow

Central Metro Realty License #0673735

Central Metro Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,113

Year Built

  • Built in 1982

Lot Details

  • Corner Lot

Parking

  • Outside Parking

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 800 Sq Ft Home
  • Vinyl Plank Flooring
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Balcony
  • Enclosed patio or porch

Utilities

  • Central Heating
  • Separate Meters
  • Separate Water Meter

Listing and Financial Details

  • Security Deposit $975
  • Tenant pays for all bills
  • The owner pays for property tax
  • 12-Month Min and 18-Month Max Lease Term
  • $75 Application Fee
  • Assessor Parcel Number 04160014240000

Community Details

Overview

  • Property managed by Austin Landmark Prop Srvs

Pet Policy

  • Pet Deposit $300
  • $10 Monthly Pet Rent
  • 2 Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,113

Year Built

Built in 1982

Lot Details

0

Rental Info

  • Additional Pet Fee: 75
  • Additional Pet Fee Description: One Time
  • App Deposit Payable To: Due at lease signing
  • App Fee Payable To: ALPS, Inc.
  • Application Fee: 75
  • Application Policy: First Qualified Application
  • Application Required: See Attached, Tar App
  • First Month Rent Payable To: Broker
  • Furnished: Unfurnished
  • Lease Guarantor: No
  • Lse Length Negotiable: Yes
  • Max Lease Months: 18
  • Max Numof Pets: 2
  • Min Lease Months: 12
  • Monthly Pet Rent: 10
  • Owner Pays: Property Tax
  • Pet Deposit: 300
  • Pet Description: Both Cats & Dogs, Breed Restrictions, Weight Limit - Medium
  • Section8: Yes
  • Security Deposit: 975
  • Smoking Inside: No
  • Tenant Pays: All Bills

Listing Details

  • Property Type: Lease
  • Property Sub Type: Fourplex
  • Unit Style: 2nd Floor Entry
  • Access Instructions: Key In Lockbox
  • Total Sq Ft: 800
  • Steps: Front Steps
  • Stories: 2
  • Year Built: 1982
  • Ratio Close Price By List Price: 1.10256
  • Ratio Close Price By Original Li: 1.02381
  • Ratio Close Price By Sq Ft: 1.34
  • Ratio Current Price By Lot Size: 3071.43
  • Ratio Current Price By Sq Ft: 1.34
  • Ratio List Price By Sq Ft: 1.22
  • Special Features: None

Interior Features

  • Disability Features: No
  • Kitchen: Breakfast Area
  • Main Level Bedrooms: 2
  • Interior Amenities: See Agent, Smoke Detector
  • Dining Description: Kit/Din Combo
  • Laundry Facilities: Dryer Connection - Electric, Kitchen, Washer Connections
  • Sprinkler System: No
  • Flooring: Vinyl Plank
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Kitchen Appliances: Dishwasher, Range-Free Standing
  • Management Company: Austin Landmark Prop Srvs
  • Master Main: No
  • Num Dining: 1
  • Num Living: 1
  • Num Parking Spaces: 2
  • Region: Austin - Southeast
  • Dryer: Yes
  • Refrigerator: Yes
  • Washer: Yes

Exterior Features

  • Pool on Property: No
  • Trees: Small (Under 20 Ft)
  • Waterfront: No
  • Exterior Features: Balcony-Uncovered, Porch-Enclosed, See Agent
  • Roof: Composition Shingle
  • Construction: Vertical Siding
  • Water Access: No
  • Foundation: Slab

Garage/Parking

  • Parking Features: Outside

Utilities

  • Cooling: Central Air
  • Sewer: See Agent
  • Utilities: Electricity Available, Natural Gas Available
  • Heating: Central Heat
  • Meter Description: Electric Separate, Water Separate
  • Water Source: City
  • Dryer Maintained: No

Condo/Co-op/Association

  • HOA: No
  • Managed By: Property Manager
  • Manager Phone: 512-794-8171
  • Pets: Yes

Fee Information

  • Per Person: Yes
  • Per Pet: Yes

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary A: Rodriguez (Austin Isd)
  • Intermediary: Yes
  • Middle Intermediate School: Mendez
  • High School: Travis

Lot Info

  • Lot Features: Corner
  • Lot Size Area: 0.350
  • Parcel Number: 04160014240000
  • M A P S C O Grid: V
  • M A P S C O Page: 644

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2015
Sold by
Rumford Jonathan and Rumford James D
Bought by
Parker William Marshal and Parker Kimberly Ann
Current Estimated Value
$665,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2014
Sold by
Mayfair Bruton Llc
Bought by
Rumford Carol Ann and Rumford James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,750
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2013
Sold by
Jensen Stephen E and Watson Thomas M
Bought by
Mayfair Bruton Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,540,580
Interest Rate
3.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 2003
Sold by
Daniels Melvita
Bought by
Watson Thomas M and Watson Heather N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,500
Interest Rate
5.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 2001
Sold by
Aman Peter K
Bought by
Daniels Melvita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,100
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 1998
Sold by
Smith W Craig
Bought by
Smith W Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
9.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 1998
Sold by
Smith W Craig
Bought by
Aman Peter K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
9.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 1995
Sold by
Smith W Craig
Bought by
Smith W Craig and W Craig Smith Trust Agreement
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Parker William Marshal -- None Available
Rumford Carol Ann -- None Available
Mayfair Bruton Llc -- Independence Title
Watson Thomas M -- Alamo Title
Daniels Melvita -- Chicago Title Insurance Co
Smith W Craig -- Gracy Title Company
Aman Peter K -- --
Smith W Craig -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parker William Marshal $40,000
Previous Owner Rumford Jonathan $0
Previous Owner Rumford Carol Ann $192,750
Previous Owner Mayfair Bruton Llc $1,540,580
Previous Owner Watson Thomas M $184,500
Previous Owner Daniels Melvita $143,100
Previous Owner Aman Peter K $87,000
Closed Aman Peter K $17,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2018 11/01/18 Rented $1,075 +10.3% --
10/31/2018 10/31/18 Under Contract -- -- --
10/10/2018 10/10/18 Price Changed $975 -2.5% $1 / Sq Ft
09/19/2018 09/19/18 Price Changed $1,000 -2.4% $1 / Sq Ft
09/06/2018 09/06/18 Price Changed $1,025 -2.4% $1 / Sq Ft
08/17/2018 08/17/18 For Rent $1,050 -- --
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
2023 $9,113 $503,703 $144,000 $359,703
2022 $9,871 $499,828 $144,000 $355,828
2021 $8,724 $400,800 $72,000 $328,800
2020 $7,250 $338,007 $72,000 $266,007
2018 $6,646 $300,184 $72,000 $228,184
2017 $4,264 $191,205 $20,000 $171,205
2016 $4,647 $208,375 $20,000 $188,375
2015 $4,188 $236,644 $20,000 $216,644
2014 $4,188 $175,997 $20,000 $155,997
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 4264798

Unlock MLS (Austin Board of REALTORS®)

APN: 760899