NOT LISTED FOR SALE

Estimated Value: $665,000

-- Bed
4 Baths
3,120 Sq Ft
$213/Sq Ft Est. Value

Last Sold November 25, 2014

Current estimated payment $4,505/month

20 Days on Market

Highlights

  • 0.35 Acre Lot
  • Covered Patio or Porch
  • Cul-De-Sac
  • No HOA
  • Balcony
  • 5-minute walk to Ponciana Neighborhood Park

About This Home

As of November 2014

5 minutes from downtown. Always rented with long list of tenants waiting to move-in. Units capable of being re-leased for around $700/mo or more with fix-up. Roof replaced summer of 2013, with 5 year warranty. Extensive siding replacement, repair and full exterior paint in summer of 2013. Property is sold as is where is with no repairs; please ensure buyers are made aware of this before bringing offer.FEMA - Unknown

Last Agent to Sell the Property

Adrienne Laosa

Treaty Oak Property Management License #0616163 Listed on: 10/09/2014

Last Buyer's Agent

Jon Demontreville

Team Price Real Estate License #0579131

Team Price Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,453

Year Built

  • Built in 1982

Lot Details

  • 0.35 Acre Lot
  • Cul-De-Sac
  • Privacy Fence
  • Few Trees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3,120 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Storage
  • Laundry in multiple locations
  • Free-Standing Range

Flooring

  • Carpet
  • Linoleum
  • Laminate

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Rodriguez Elementary School
  • Mendez Middle School
  • Travis High School

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Separate Water Meter
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 4 Units
  • Peppertree Park Sec 08 Subdivision

Listing and Financial Details

  • Down Payment Assistance Available
  • Assessor Parcel Number 04160014240000
  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,453

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Building Area Total: 3120.00
  • Restrictions: None
  • Unit Mix: 2/1
  • Year Built: 1982
  • Directions: From Downtown Austin, head south on IH-35. Turn left onto E Stassney Ln. U- turn to stay on S IH-35 Frontage Rd. Turn right onto Teri Rd. Take the 2nd left onto Merritt Dr. Property is first house on right.
  • Disclosures: Owner/Agent
  • Estimated Taxes: 4476.00
  • Fencing: Privacy
  • Guest Accommodation Description: None
  • Levels: Two
  • Living Area: 3120.00
  • New Loan Amount: 192750
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Pantry
  • Laundry Location: Multiple Locations
  • View: None
  • Flooring: Carpet, Laminate, Linoleum
  • Accessibility Features: None
  • Appliances: Free-Standing Range, Refrigerator, Water Heater-Gas
  • Property Condition: Resale, See Remarks
  • Security Features: None
  • Spa Features: None

Exterior Features

  • Exterior Features: Balcony, Exterior Steps
  • Roof: Composition
  • Foundation: Slab
  • Patio And Porch Features: Covered
  • 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: Central
  • Meter Description: Electric Separate, Gas Separate, Water Separate
  • Water Source: Public
  • Cooling: Central Air

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Rodriguez
  • Middle School: Mendez
  • High School: Travis
  • Elementary School: Rodriguez
  • High School: Travis
  • Middle/Junior School: Mendez

Lot Info

  • Lot Features: Cul-De-Sac, Trees-Sparse
  • Parcel Number: 04160014240000
  • Lot Size Acres: 0.3500
  • Lot Size Sq Ft: 15246.00
  • Subdivision Name: Peppertree Park Sec 08

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 2410.00
  • Pets Allowed: No

Building Info

  • Construction Materials: Brick Veneer, Frame

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Filled Sqft Total: 3120
  • Tax Rate: 2.46320000000000
  • Tax Year: 2014
  • Tax Annual Amount: 3453.00
  • Tax Exemptions: None

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

Listed on
Oct 9, 2014
Closed on
Nov 18, 2014
Sold by
Mayfair Bruton Llc
Bought by
Rumford Carol Ann and Rumford James D
Seller's Agent
Adrienne Laosa
Treaty Oak Property Management
Buyer's Agent
Jon Demontreville
Team Price Real Estate
List Price
$249,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.18%
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:

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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
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
Open Connect The Dots Inc $1,632,000
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
11/25/2014 11/25/14 Sold -- -- --
10/29/2014 10/29/14 Pending -- -- --
10/09/2014 10/09/14 For Sale $249,900 -- $80 / 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 $11,540 $515,304 $160,707 $354,597
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

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 3466973

Unlock MLS (Austin Board of REALTORS®)

APN: 760899