NOT LISTED FOR SALE

5002 Cape Verde Cove Unit A Austin, TX 78744

Franklin Park Neighborhood

Estimated Value: $358,915 - $435,000

-- Bed
2 Baths
1,784 Sq Ft
$223/Sq Ft Est. Value

Last Sold September 03, 2021

Current estimated payment $2,746/month

10 Days on Market

Highlights

  • Horses Allowed On Property
  • Deck
  • Neighborhood Views
  • Two Primary Bathrooms
  • No HOA
  • Balcony

About This Home

As of September 2021

Owner is Agent! Duplex 2018 Remodel ::: Beautiful Multi-Level Property w/ 4-Covered Parking Spaces * (2x) 2br 1ba Units * New HVAC Systems * New Water Heaters * New Roof * New Windows * Silestone Countertops w/ Glass Tile Backsplash * Stainless Appliances Incl Fridge * Upgraded Bathrooms w/ Tile Surrounds * Recessed Lighting * Ceiling Fans * Each has own Utility room w/ W/D in unit * Fenced CDS Lot w/ Tall Trees * Unit A has private covered patio w/ Glass Arcadia door * Must See, always easy to show. Perfect investment property simple cash flow or house hack.

Last Agent to Sell the Property

Isaiah Manning

Baemayr Realty Group, LLC License #0721774 Listed on: 06/11/2021

Last Buyer's Agent

Stephanie Grayson

Homecity Real Estate License #0542719

Homecity Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,430

Year Built

  • Built in 1983

Lot Details

  • 7,100 Sq Ft Lot
  • Cul-De-Sac
  • East Facing Home
  • Property is Fully Fenced
  • Few Trees
  • Back and Front Yard

Home Design

  • Slab Foundation
  • Composition Roof
  • HardiePlank Type
  • Stone Veneer

Interior Spaces

  • Two Primary Bathrooms
  • 1,784 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Vinyl Clad Windows
  • Family Room
  • Laminate Flooring
  • Neighborhood Views
  • Security Lights

Kitchen

  • Electric Oven
  • Disposal

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • 4 Parking Spaces
  • Carport

Outdoor Features

  • Balcony
  • Deck

Schools

  • Widen Elementary School
  • Mendez Middle School
  • Akins High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Separate Water Meter
  • Cable TV Available

Listing and Financial Details

  • Down Payment Assistance Available
  • Tax Lot 4
  • Assessor Parcel Number 03200208080000
  • 2% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • Village South Ph 04 B Sec 02 Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,430

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Restrictions: None
  • Unit Mix: 2/1
  • Year Built: 1983
  • Direction Faces: East
  • Directions: Drive East on Stassney ln, turn south on Atascosa Dr turn left on Cape Verde cove house on the left
  • Disclosures: Owner/Agent
  • Estimated Taxes: 7672.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Fenced, Full
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Home Sale Contingency: No
  • Intermediary: No
  • Levels: Two
  • Living Area: 1784.00
  • Other Contingency Types: Inspection
  • Other Equipment: Electric Dryer Hookup, Washer Hookup
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: 2 Primary Baths, Ceiling Fan(s), Electric Dryer Hookup
  • Laundry Location: Laundry Closet
  • View: Neighborhood
  • Flooring: Laminate
  • Accessibility Features: None
  • Appliances: Disposal, Electric Oven, Refrigerator, Washer/Dryer
  • Property Condition: Resale
  • Security Features: Security Lights
  • Window Features: Vinyl Windows

Exterior Features

  • Exterior Features: Balcony
  • Roof: Composition
  • Foundation: Slab
  • Patio And Porch Features: Deck
  • Waterfront: No

Garage/Parking

  • Parking Features: Carport
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Connected
  • Heating: Central
  • Meter Description: Electric Separate, Water Separate
  • Water Source: Public
  • Cooling: Central Air

Association/Amenities

  • Association: No
  • Community Features: Covered Parking

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Widen
  • Middle School: Mendez
  • High School: Akins
  • Elementary School: Widen
  • High School: Akins
  • Middle/Junior School: Mendez

Lot Info

  • Lot Features: Back Yard, Cul-De-Sac, Few Trees, Front Yard
  • Parcel Number: 03200208080000
  • Lot Size Acres: 0.1630
  • Lot Size Sq Ft: 7100.28
  • Subdivision Name: Village South Ph 04-B Sec 02

Rental Info

  • Total Actual Rent: 2850.00
  • Pets Allowed: Cats OK, Dogs OK

Building Info

  • Construction Materials: HardiPlank Type, Stone Veneer
  • New Construction: No

Tax Info

  • Tax Filled Sqft Total: 1784
  • Tax Lot: 4
  • Tax Rate: 2.22667000000000
  • Tax Year: 2021
  • Tax Annual Amount: 5430.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Sep 3, 2021
Sold by
Somersault Investments Llc
Bought by
Ramasubramanian Vekateswaran and Subramanian Vidya Venkata
Seller's Agent
Isaiah Manning
Baemayr Realty Group, LLC
Buyer's Agent
Stephanie Grayson
Homecity Real Estate
List Price
$465,500
Current Estimated Value
$394,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.82%
Original Mortgage
$354,375
Outstanding Balance
$325,514
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$63,818

Purchase Details

Closed on
Dec 23, 2018
Sold by
Manning Isaiah and Murray Erica
Bought by
Somersault Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,250
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2018
Sold by
Lemon Tree Ventures Lp
Bought by
Murray Erica R and Manning Isaiah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,250
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2018
Sold by
Leger Thomas R
Bought by
Lemon Tree Ventures Lp
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
Ramasubramanian Vekateswaran -- Texas National Title
Somersault Investments Llc -- None Available
Murray Erica R -- None Available
Lemon Tree Ventures Lp $186,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramasubramanian Vekateswaran $354,375
Previous Owner Murray Erica R $276,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold -- -- --
06/21/2021 06/21/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $465,500 0.0% $261 / Sq Ft
02/01/2021 02/01/21 Rented $1,550 +1.0% --
01/28/2021 01/28/21 Under Contract -- -- --
12/05/2020 12/05/20 For Rent $1,535 -- --
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 $6,789 $375,213 $120,000 $255,213
2022 $9,256 $468,669 $120,000 $348,669
2021 $7,500 $344,569 $60,000 $284,569
2020 $5,231 $243,866 $60,000 $183,866
2018 $4,795 $216,598 $60,000 $156,598
2017 $3,896 $174,688 $50,000 $183,104
2016 $3,175 $142,369 $20,000 $159,036
2015 $2,173 $109,630 $20,000 $103,168
2014 $2,173 $101,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 4498139

Unlock MLS (Austin Board of REALTORS®)

APN: 293929