Sam Archer
RAM Austin Property Management
(737) 204-3166
61 Total Sales
2 in Hancock
$734K - $739K Price Range
505 E 40th St Austin, TX 78751
Hancock NeighborhoodEstimated Value: $546,000 - $1,614,000
5
Beds
6
Baths
3,323
Sq Ft
$349/Sq Ft
Est. Value
Highlights
- Mature Trees
- Wood Flooring
- High Ceiling
- Russell Lee Elementary School Rated A-
- Main Floor Primary Bedroom
- Quartz Countertops
About This Home
As of August 2021Originally constructed in 1915, this central Austin property has been graciously expanded over the decades to include a large primary house plus detached guest casita. The main house boasts 4 bedrooms, 3.5 baths, a formal living room with built-in bookcases, an open kitchen and dining, and 2nd-story den with treetop views. Thoughtful floorplan ideal for modern living. Original Longleaf Pine floors combine with gorgeous Texas-made Saltillo floor tile. 10-foot ceilings throughout the downstairs of the main house. Original double-hung windows in the front of the house indicative of homes of this era mix with quality, modern, wood-clad double pane windows in the newer sections of the home. Custom-made period-style wood copper screens for main house. Relax on the generously sized sun porch made for lazy summer afternoons (sun porch is insulated, but not included in sq. footage). Recent roof shingle replacement on the main house and interior paint throughout including ceilings, trim, and walls (May 2021). The incredible detached 2016-built 1 bed/1.5 bath ADU features high ceilings, stained concrete & wood flooring, and slate gray GE appliances in the open kitchen. 2-car carport with alley access. Gorgeous .22 acre property with pecan and cumquat trees, mountain laurel, and a heritage Texas Live oak. One block to Hancock Golf Course. Three blocks to neighborhood eateries, shopping, and parks. Minutes from Dell Medical School, State Capitol, downtown, & UT. Truly an oasis in the heart of the city.
Last Agent to Sell the Property
Compass RE Texas, LLC License #0580831 Listed on: 06/03/2021
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,981
Year Built
- Built in 1915
Lot Details
- 9,583 Sq Ft Lot
- Southwest Facing Home
- Wood Fence
- Chain Link Fence
- Level Lot
- Mature Trees
- Wooded Lot
- Many Trees
- Private Yard
Home Design
- Pillar, Post or Pier Foundation
- Slab Foundation
- Composition Roof
- Metal Roof
- HardiePlank Type
- Stucco
Interior Spaces
- 3,323 Sq Ft Home
- 2-Story Property
- High Ceiling
- Recessed Lighting
- Double Pane Windows
- Blinds
- Window Screens
- Multiple Living Areas
- Laundry in multiple locations
Kitchen
- Built-In Electric Range
- Dishwasher
- Quartz Countertops
- Disposal
Flooring
- Wood
- Concrete
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms | 3 Main Level Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
Home Security
- Security Lights
- Fire and Smoke Detector
Parking
- 2 Parking Spaces
- Carport
- Alley Access
Outdoor Features
- Patio
Schools
- Lee Elementary School
- Kealing Middle School
- Mccallum High School
Utilities
- Multiple cooling system units
- Central Heating and Cooling System
- Wall Furnace
- Vented Exhaust Fan
- Heating System Uses Natural Gas
- Above Ground Utilities
- Tankless Water Heater
Community Details
- No Home Owners Association
- Oaklawn Addition Subdivision
Listing and Financial Details
- Tax Lot 27
- Assessor Parcel Number 02180609060000
- 2% Total Tax Rate
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 18, 2011
Sold by
Palaima Thomas G
Bought by
Current Estimated Value
Purchase Details
Closed on
Jul 27, 1995
Sold by
Smith Jim
Bought by
Palaima Thomas G and Palaima Carolyn P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7.49%
Mortgage Type
Purchase Money Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Hancock, TX
-
Sam Archer
-
Adam Zell
Adam Zell
Compass RE Texas, LLC
(855) 329-4291
352 Total Sales
1 in Hancock
$910,000 Price
-
Johnny Devora
Johnny Devora
Devora Realty
(737) 204-8420
50 Total Sales
2 in Hancock
$340K - $685K Price Range
-
Anne Haikola
Anne Haikola
Responds QuicklyEmerald Haven Realty
(512) 872-5741
66 Total Sales
3 in Hancock
$725K - $905K Price Range
-
Judith Bundschuh
Judith Bundschuh
Catalyst Realty
(888) 373-0840
31 Total Sales
1 in Hancock
$550,000 Price
-
Alison Thorn
Alison Thorn
Responds QuicklySpyglass Realty
(866) 611-8958
34 Total Sales
1 in Hancock
$1,920,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Available | ||
| Palaima Thomas G | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $192,000 | ||
| Closed | Palaima Carolyn P | $0 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/12/2021 08/12/21 | Sold | -- | -- | -- |
| 07/12/2021 07/12/21 | Pending | -- | -- | -- |
| 06/03/2021 06/03/21 | For Sale | $1,650,000 | -- | $497 / Sq Ft |
Source: Unlock MLS (Austin Board of REALTORS®)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $16,594 | $960,563 | $398,535 | $562,028 |
| 2023 | $22,340 | $1,239,370 | $350,000 | $889,370 |
| 2022 | $27,831 | $1,409,220 | $385,000 | $1,024,220 |
| 2021 | $16,932 | $777,888 | $357,500 | $459,688 |
| 2020 | $15,083 | $703,200 | $357,500 | $345,700 |
| 2018 | $13,500 | $609,751 | $357,500 | $304,688 |
| 2017 | $12,362 | $554,319 | $357,500 | $196,819 |
| 2016 | $13,448 | $602,999 | $357,500 | $281,527 |
| 2015 | $10,294 | $509,462 | $275,000 | $268,782 |
| 2014 | $10,294 | $463,147 | $275,000 | $188,147 |
Source: Public Records
Agents Affiliated with this Home
-
Tammy Young
Seller's Agent in 2021
Tammy Young
Compass RE Texas, LLC
(512) 777-0205
10 in this area
104 Total Sales
-
Kumara Wilcoxon
Buyer's Agent in 2021
Kumara Wilcoxon
Kuper Sotheby's Int'l Realty
(512) 771-2817
126 Total Sales
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 2985206
APN: 213220
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Unlock MLS (Austin Board of REALTORS®) as distributed by MLS GRID
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