NOT LISTED FOR SALE

Estimated Value: $758,515

0.62 Acre
$1,223,411 Price per Acre
27,007 Sq Ft Lot

Last Sold May 21, 2018

Current estimated payment $4,208/month

239 Days on Market

Highlights

  • 0.62 Acre Lot
  • Concrete Flooring
  • Level Lot
  • Wooded Lot

About This Lot

As of May 2018

501 and 503 are for sale. Two developed lots .62 acres total - .with fabricating buildings on them. 501 and 503 E. Powell Ln. Please verify building square footage from tax records. Zoning is Mixed Use Office. LR-MU-NP . Old site for Dekor Signs. Zoning on the City of Austin Future Land Use Map is Neighborhood Mixed Use. See documents. Lots of possibility for redevelopment.FEMA - Unknown Restrictions: Yes

Last Agent to Sell the Property

Gayle Rosenthal

Rosenthal Realty Services, LLC License #0472792 Listed on: 07/23/2017

Last Buyer's Agent

Gayle Rosenthal

Rosenthal Realty Services, LLC License #0472792 Listed on: 07/23/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,300

Year Built

  • Built in 1968

Lot Details

  • 0.62 Acre Lot
  • Level Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Slab Foundation

Interior Spaces

  • 4,848 Sq Ft Home
  • Concrete Flooring

Parking

  • 10 Parking Spaces
  • 10 Covered Spaces

Community Details

  • Wallace Subdivision
  • No Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 02351601200000
  • 2% Total Tax Rate

Property Details

Property Type

Land

Est. Annual Taxes

$5,300

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Sub Type: Site Planned
  • Building Area Total: 4848.00
  • Restrictions: Zoning
  • Year Built: 1968
  • Current Use: Office, Warehouse, Mixed Use
  • Directions: From IH 35 and Rundberg, go south on access road and right on E. Powell. Or come from North Lamar at W. Powell and go east to the site.
  • Estimated Taxes: 14000.00
  • ETJ Extra Territorial Jurdn: No
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Property Panorama: No
  • Road Surface Type: PVD
  • Special Listing Conditions: Standard
  • Title: Seller
  • Special Features: None

Interior Features

  • Laundry Location: None
  • View: None
  • Flooring: Concrete
  • Accessibility Features: None
  • Property Condition: Resale, See Remarks
  • Security Features: None
  • Spa Features: None

Exterior Features

  • Exterior Features: None
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • View: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 10.00
  • Parking Features: None
  • Parking Ratio: 10.00
  • Total Parking Spaces: 10.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Heating: See Remarks
  • Water Source: Public
  • Cooling: See Remarks

Association/Amenities

  • Community Features: None

Lot Info

  • Endangered Species: Unknown
  • Lot Features: Level, Trees-Medium (20 Ft - 40 Ft)
  • Topography: Level
  • Parcel Number: 02351601200000
  • Lot Size Acres: 0.6200
  • Lot Size Sq Ft: 27007.20
  • Subdivision Name: Wallace

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No

Building Info

  • Construction Materials: None

Multi Family

  • Management Co Phone: (000) 000-0000

Tax Info

  • Tax Rate: 2.23014000000000
  • Tax Year: 2017
  • Tax Annual Amount: 5300.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2018
Sold by
Choate John
Bought by
501 503 Powell Llc
Current Estimated Value
$758,515
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
501 503 Powell Llc -- Capital Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2018 05/21/18 Sold -- -- --
05/01/2018 05/01/18 Price Changed $212,250 -52.8% $44 / Sq Ft
03/19/2018 03/19/18 Pending -- -- --
02/25/2018 02/25/18 Price Changed $450,000 -8.2% $93 / Sq Ft
02/19/2018 02/19/18 Price Changed $490,000 -7.5% $101 / Sq Ft
01/31/2018 01/31/18 Price Changed $530,000 -3.6% $109 / Sq Ft
12/19/2017 12/19/17 Price Changed $550,000 -8.3% $113 / Sq Ft
12/06/2017 12/06/17 Price Changed $600,000 -7.7% $124 / Sq Ft
11/20/2017 11/20/17 Price Changed $650,000 +62.5% $134 / Sq Ft
09/30/2017 09/30/17 Price Changed $400,000 -2.2% $83 / Sq Ft
09/13/2017 09/13/17 Price Changed $409,000 -3.8% $84 / Sq Ft
07/23/2017 07/23/17 For Sale $425,000 -- $88 / 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 $2,899 $146,256 $81,300 $64,956
2023 $2,689 $148,637 $81,300 $67,337
2022 $2,526 $127,916 $81,300 $46,616
2021 $2,337 $107,383 $81,300 $26,083
2020 $2,989 $139,338 $81,300 $58,038
2018 $3,525 $222,858 $60,975 $161,883
2017 $3,228 $144,750 $60,975 $116,916
2016 $2,935 $131,591 $60,975 $106,968
2015 $423 $119,628 $30,488 $89,140
2014 $423 $123,303 $30,488 $92,815
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 3414806

Unlock MLS (Austin Board of REALTORS®)

APN: 238192