NOT LISTED FOR SALE

502 W North Loop Blvd Austin, TX 78751

North Loop Neighborhood

Estimated Value: $544,210 - $576,000

2 Beds
1 Bath
842 Sq Ft
$665/Sq Ft Est. Value

Last Sold July 16, 2021

Current estimated payment $3,898/month

1 Day on Market

Highlights

  • Mature Trees
  • Property is near public transit
  • No HOA
  • Reilly Elementary School Rated 9+
  • Wood Flooring
  • Front Porch

About This Home

As of July 2021

*MULTIPLE OFFERS* Please submit highest and best by Saturday, July 10 at 7pm.
Cute, well-loved ‘50s bungalow in prime Central Austin North Loop location on huge lot (8,080 sq ft) with investor and development potential. Walk to coffee, hip bars and award-winning restaurants; bike or ride the bus to campus or downtown. Updated kitchen, new bathroom, and garage conversion (plus a storage shed out back and a dog-friendly fenced yard) make this 2-bedroom home ready for you, your family, or tenants today. A must-see for anyone looking for a fabulous development opportunity (zoned SF3) or site to build your urban dream home. Garage conversion has no known permit, agent/buyer please verify. Do due diligence on zoning and square footage. Fridge, washer/dryer are negotiable, window coverings excluded.

Last Agent to Sell the Property

Keely Morgan

eXp Realty, LLC License #0400975 Listed on: 07/08/2021

eXp Realty, LLC

Last Buyer's Agent

Nick Dean

Independent Realty License #0590410

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,736

Year Built

  • Built in 1950

Lot Details

  • 8,102 Sq Ft Lot
  • South Facing Home
  • Back and Front Yard Fenced
  • Mature Trees

Home Design

  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Shingle Roof
  • Asbestos
  • HardiePlank Type

Interior Spaces

  • 842 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Free-Standing Gas Range

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Patio
  • Outbuilding
  • Front Porch

Schools

  • Reilly Elementary School
  • Lamar Middle School
  • Mccallum High School

Additional Features

  • Energy-Efficient Exposure or Shade
  • Property is near public transit
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Northfield Add Subdivision

Listing and Financial Details

  • Down Payment Assistance Available
  • Tax Lot 71
  • Assessor Parcel Number 02250912290000
  • 2% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,736

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Restrictions: See Remarks
  • Year Built: 1950
  • Additional Parcels: No
  • Direction Faces: South
  • Directions: From downtown, take North Lamar north to North Loop Blvd and turn right. Continue past Guadalupe and property is on the left.
  • Disclosures: Exclusions, Lead Base Paint Addendum, Seller Disclosure
  • Estimated Taxes: 8259.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Back Yard, Fenced, Front Yard
  • Green Energy Efficient: Exposure/Shade
  • Green Sustainability: None
  • Guest Accommodation Description: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 842.00
  • Other Structures: Outbuilding
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Gas Dryer Hookup, Primary Bedroom on Main, Washer Hookup
  • Laundry Location: Inside, Laundry Room
  • View: None
  • Flooring: Concrete, Wood
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Free-Standing Gas Range, Refrigerator
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Security Features: None
  • Window Features: See Remarks

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms: 1
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Private Yard
  • Roof: Shingle
  • Foundation: Pillar/Post/Pier, Slab
  • Patio And Porch Features: Front Porch, Patio
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Available
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Association/Amenities

  • Association: No
  • Community Features: See Remarks

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Reilly
  • Middle School: Lamar (Austin ISD)
  • High School: McCallum
  • Elementary School: Reilly
  • High School: McCallum
  • Middle/Junior School: Lamar (Austin ISD)

Lot Info

  • Lot Features: Near Public Transit, Trees-Large (Over 40 Ft)
  • Parcel Number: 02250912290000
  • Lot Size Acres: 0.1860
  • Lot Size Sq Ft: 8102.16
  • Subdivision Name: Northfield Add

Building Info

  • Construction Materials: Asbestos, HardiPlank Type
  • New Construction: No

Tax Info

  • Tax Filled Sqft Total: 672
  • Tax Lot: 71
  • Tax Rate: 2.22667000000000
  • Tax Year: 2021
  • Tax Annual Amount: 6736.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Jul 16, 2021
Sold by
Michels Christopher Patrick and Grimes Andrea B
Bought by
Palmer Natalie and Dean Nicholas
Seller's Agent
Keely Morgan
eXp Realty, LLC
Buyer's Agent
Nick Dean
Independent Realty
List Price
$525,000
Current Estimated Value
$560,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.42%

Purchase Details

Listed on
Jul 12, 2013
Closed on
Aug 19, 2013
Sold by
Calderon Sandra J and Landis Douglas L
Bought by
Michels Christopher Patrick and Grimes Andrea B
Seller's Agent
Sherry Hendrickson
Compass RE Texas, LLC
Buyer's Agent
Patrick Roppolo
Pure Realty
List Price
$220,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.56%
Original Mortgage
$201,500
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2005
Sold by
Davis Iris C
Bought by
Landis Douglas A and Calderon Sandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,983
Interest Rate
5.93%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 12, 1993
Sold by
Davis William A and Davis Alma L
Bought by
Davis Iris C
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
Palmer Natalie -- Chicago Title
Michels Christopher Patrick -- Austin Title
Landis Douglas A -- Atc
Davis Iris C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dean Nicholas $420,000
Previous Owner Michels Christopher Patrick $201,500
Previous Owner Landis Douglas A $153,983
Previous Owner Davis Iris C $49,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold -- -- --
07/09/2021 07/09/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $525,000 +138.6% $624 / Sq Ft
08/20/2013 08/20/13 Sold -- -- --
07/17/2013 07/17/13 Pending -- -- --
07/16/2013 07/16/13 For Sale $220,000 0.0% $327 / Sq Ft
07/16/2013 07/16/13 Pending -- -- --
07/12/2013 07/12/13 For Sale $220,000 -- $327 / 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 $10,218 $458,808 $397,468 $61,340
2023 $10,218 $592,038 $425,250 $166,788
2022 $11,300 $572,166 $425,250 $146,916
2021 $8,074 $370,928 $272,250 $98,678
2020 $7,248 $337,937 $272,250 $65,687
2018 $7,219 $326,073 $272,250 $61,219
2017 $6,611 $296,430 $237,600 $67,130
2016 $6,010 $269,482 $243,000 $26,482
2015 $5,244 $248,134 $202,500 $45,634
2014 $5,244 $240,000 $202,500 $37,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 9352728

Unlock MLS (Austin Board of REALTORS®)

APN: 225157