NOT LISTED FOR SALE

5005 Lott Ave Unit 2 Austin, TX 78721

East MLK Neighborhood

Estimated Value: $448,000 - $522,000

2 Beds
2 Baths
1,099 Sq Ft
8,233 Sq Ft Lot

Last Sold December 29, 2022

Current estimated payment $3,164/month

41 Days on Market

Highlights

  • Gated Community
  • Creek or Stream View
  • Vaulted Ceiling
  • Open Floorplan
  • Deck
  • 3-minute walk to Springdale Neighborhood Park

About This Home

As of December 2022

One of a kind ADU in highly desirable East Austin that has it all! This does not feel like your typical "B unit."

*Seller is offering $5K credit towards closing costs or rate buy down with an accepted offer
*Private modern treehouse nestled amongst the trees on greenbelt
*Secured, motorized gated entry with expansive driveway, separate from A unit
*Open floor plan with large slider and windows creating an indoor/outdoor seamless feel
*Large 33' x 12' deck overlooking newly restored Fort Branch Creek-Delores Tributary, ready for your evening cocktail parties (City of Austin just completed, spending approximately $3.6M to restore and improve it)
*Soaring 15' vaulted ceilings throughout the house
*Concrete floors throughout
*Gourmet kitchen with large center island and walk in pantry
*Spacious Master Bedroom with en-suite, walk-in shower, dual vanity and two closets
*Murphy Bed installed in guest bedroom
*In-ground sprinklers for front fenced in yard
*Upgraded Copper Gutters installed by ATX Seamless Gutters
*Professionally installed overhead exterior deck lighting
*Tankless Hot Water Heater
*Gas Range

*Seller is a licensed agent in the state of Texas. All offers go to JStachelek@outlook.com*

Last Agent to Sell the Property

Christopher King

Compass RE Texas, LLC License #0689933 Listed on: 10/20/2022

Compass RE Texas, LLC

Last Buyer's Agent

Helen Cawley

All City Real Estate Ltd. Co License #0706101

All City Real Estate Ltd. Co

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,431

Year Built

  • Built in 2020

Lot Details

  • South Facing Home
  • Private Entrance
  • Security Fence
  • Wood Fence
  • Sprinkler System
  • Private Yard

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,099 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Vinyl Clad Windows
  • Bay Window
  • Concrete Flooring
  • Creek or Stream Views

Kitchen

  • Eat-In Kitchen
  • Free-Standing Gas Oven
  • Gas Range
  • Free-Standing Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Dual Closets
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Home Security

  • Home Security System
  • Smart Thermostat

Parking

  • 1 Parking Space
  • Carport

Outdoor Features

  • Balcony
  • Deck
  • Exterior Lighting
  • Rain Gutters
  • Rear Porch

Schools

  • Norman Elementary School
  • Garcia Middle School
  • Lyndon B Johnson High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Natural Gas Connected
  • Tankless Water Heater
  • High Speed Internet

Listing and Financial Details

  • Down Payment Assistance Available
  • Legal Lot and Block 3 / 5
  • Assessor Parcel Number 02091945030000
  • 2% Total Tax Rate

Community Details

Overview

  • 5005 Lott Condominimum Owners Association
  • Built by Cooper Homes
  • Masonfield Subdivision
  • Property has a Home Owners Association

Security

  • Controlled Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,431

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: 1st Floor Entry
  • Restrictions: None
  • Year Built: 2020
  • Additional Parcels: No
  • Direction Faces: South
  • Directions: East on E 12th from Webberville, left on Louis, left on Mason, right on Lott, home will be 3rd house on your right
  • Disclosures: None
  • Estimated Taxes: 7769.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Wood
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Guest Accommodation Description: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1099.00
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Ceiling Fan(s), Ceiling-Vaulted, Counter-Quartz, Double Vanity, Eat-in Kitchen, Kitchen Island, Murphy Bed, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Smart Thermostat, Stackable W/D Connections, Two Primary Closets, Walk-In Closet(s)
  • Laundry Location: In Unit
  • View: Creek/Stream
  • Flooring: Concrete
  • Fireplace Features: None
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Exhaust Fan, Gas Range, Microwave, Free-Standing Gas Oven, Free-Standing Range, RNGHD, Stainless Steel Appliance(s), Tankless Water Heater, Vented Exhaust Fan, Washer/Dryer Stacked
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Security Features: Carbon Monoxide Detector(s), Security Fence, Security System, Smoke Detector(s), None
  • Spa Features: None
  • Window Features: Bay Window(s), Double Pane Windows, Vinyl Windows

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Balcony, Gutters Partial, Lighting, Private Entrance, Private Yard, Restricted Access
  • Roof: Composition
  • Builder Name: Cooper Homes
  • Foundation: Slab
  • Patio And Porch Features: Deck, Rear Porch
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Carport
  • Total Parking Spaces: 1.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Electricity Connected, Internet-Cable, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Central, Exhaust Fan, Forced Air, Natural Gas
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: See Remarks
  • Association Fee Frequency: Annually

Association/Amenities

  • Association Name: 5005 LOTT CONDOMINIMUM OWNERS ASSOCIATION
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Controlled Access, Gated

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Norman
  • Middle School: Garcia
  • High School: Lyndon B Johnson (Austin ISD)
  • Elementary School: Norman
  • High School: Lyndon B Johnson (Austin ISD)
  • Middle/Junior School: Garcia

Lot Info

  • Lot Features: Level, Sprinkler - Automatic
  • Parcel Number: 02091945030000
  • Lot Size Acres: 0.1890
  • Lot Size Sq Ft: 8232.84
  • Subdivision Name: Masonfield

Building Info

  • Construction Materials: Frame
  • New Construction: No

Tax Info

  • Tax Block: 5
  • Tax Lot: 3
  • Tax Rate: 2.14486000000000
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2022
Closed on
Dec 29, 2022
Sold by
Stachelek James
Bought by
Nifong Austin
Seller's Agent
Christopher King
Compass RE Texas, LLC
Buyer's Agent
Helen Cawley
All City Real Estate Ltd. Co
List Price
$599,000
Views
1
Current Estimated Value
$485,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.31%
Original Mortgage
$536,750
Outstanding Balance
$520,180
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
-$34,902
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
Nifong Austin -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nifong Austin $536,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2022 12/29/22 Sold -- -- --
11/30/2022 11/30/22 Pending -- -- --
11/10/2022 11/10/22 Price Changed $575,000 -4.0% $523 / Sq Ft
10/20/2022 10/20/22 For Sale $599,000 +42.7% $545 / Sq Ft
08/13/2020 08/13/20 Sold -- -- -- View Prior Sale
07/06/2020 07/06/20 Pending -- -- --
07/02/2020 07/02/20 For Sale $419,900 -- $382 / 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 $7,431 $441,466 $112,500 $328,966
2023 $8,395 $595,469 $165,000 $430,469
2022 $7,753 $392,590 $0 $0
2021 $7,769 $356,900 $96,250 $260,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 5387454

Unlock MLS (Austin Board of REALTORS®)

APN: 940577