Posada del Rey 505 W 7th St Unit 317 Austin, TX 78701
Sixth Street District NeighborhoodEstimated Value: $649,000 - $650,330
2
Beds
1
Bath
923
Sq Ft
$311/mo
HOA Fee
Highlights
- In Ground Pool
- Gated Community
- Wood Flooring
- Mathews Elementary School Rated A
- Wooded Lot
- 4-minute walk to Republic Square Park
About This Home
As of June 2017HOT OPPORTUNITY-PRIME location! Rare 2 bed condo w/contemporary updates in well maintained/updated complex w/gorgeous balcony,courtyard&pool. Tons of light,European kitchen,gorgeous hardwoods,new paint on smooth walls,fully remodeled bath w/2nd vanity in master,custom ELFA shelving and blinds,smart floor plan perfect for single owners,couples,roommates,or rental. Highly efficient/low bills & top floor means no one above! Excellent value in HOA. Move-in ready and a wise investment!L'BOX ON FRONT STAIRS! Sprinkler Sys:Yes
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $11,839
Year Built
- Built in 1964 | Remodeled
Lot Details
- Southwest Facing Home
- Wrought Iron Fence
- Sprinkler System
- Wooded Lot
HOA Fees
- $311 Monthly HOA Fees
Parking
- 1 Car Garage
- Reserved Parking
- Assigned Parking
- Community Parking Structure
Home Design
- Slab Foundation
- Frame Construction
- Membrane Roofing
- Stucco
Interior Spaces
- 923 Sq Ft Home
- 1-Story Property
- Bookcases
- Track Lighting
- Window Treatments
- Security Lights
- Property Views
Kitchen
- Free-Standing Range
- ENERGY STAR Qualified Appliances
Flooring
- Wood
- Slate Flooring
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Walk-In Closet
- 1 Full Bathroom
Outdoor Features
- In Ground Pool
- Outdoor Grill
- Rain Gutters
Schools
- Mathews Elementary School
- O Henry Middle School
- Austin High School
Utilities
- Central Heating and Cooling System
- High Speed Internet
- Phone Available
Listing and Financial Details
- Down Payment Assistance Available
- Tax Lot 317
- Assessor Parcel Number 02060104130064
- 2% Total Tax Rate
Community Details
Overview
- Association fees include common area maintenance, gas, hot water, trash, water
- $200 HOA Transfer Fee
- Posada Del Rey HOA
- Posada Del Rey Condo Amd Subdivision
- Mandatory home owners association
Amenities
- Community Barbecue Grill
- Common Area
- Laundry Facilities
- Elevator
- Bike Room
Recreation
Security
- Controlled Access
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 26, 2017
Closed on
Jun 26, 2017
Sold by
Alberts Chris M and Zyck Alberts Melanie C
Bought by
Melendez Murphy Edwin Tomas
Seller's Agent
Judy Zwarun
Newcastle Homes
Buyer's Agent
Maria Rivera
HAVEN ABODE PROPERTIES GROUP, LLC
List Price
$379,999
Sold Price
$385,000
Premium/Discount to List
$5,001
1.32%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,665
Avg. Annual Appreciation
7.02%
Original Mortgage
$57,750
Outstanding Balance
$49,094
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$614,111
Purchase Details
Closed on
May 28, 2010
Sold by
Henken Lisa
Bought by
Alberts Chris M and Zyck Alberts Melanie C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,550
Interest Rate
5%
Mortgage Type
New Conventional
Similar Homes in Austin, TX
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Melendez Murphy Edwin Tomas | -- | Independence Title Co | |
| Alberts Chris M | -- | Heritage Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Melendez Murphy Edwin Tomas | $57,750 | |
| Closed | Melendez Murphy Edwin Tomas | $57,750 | |
| Previous Owner | Alberts Chris M | $167,000 | |
| Previous Owner | Alberts Chris M | $194,550 | |
| Previous Owner | Carbonneau Shane E | $120,850 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/26/2017 06/26/17 | Sold | -- | -- | -- |
| 05/29/2017 05/29/17 | Pending | -- | -- | -- |
| 05/26/2017 05/26/17 | For Sale | $379,999 | -- | $412 / Sq Ft |
Source: Unlock MLS (Austin Board of REALTORS®)
Tax History Compared to Growth
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 | $11,839 | $654,367 | $286,615 | $367,752 |
| 2022 | $13,564 | $686,814 | $131,843 | $554,971 |
| 2021 | $8,622 | $396,129 | $131,843 | $264,286 |
| 2020 | $8,514 | $396,941 | $128,977 | $267,964 |
| 2018 | $8,811 | $397,992 | $128,977 | $269,015 |
| 2017 | $7,650 | $343,005 | $128,977 | $248,524 |
| 2016 | $6,954 | $311,823 | $128,977 | $182,846 |
| 2015 | $5,741 | $288,144 | $128,977 | $163,891 |
| 2014 | $5,741 | $261,949 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Judy Zwarun
J
Seller's Agent in 2017
Judy Zwarun
Newcastle Homes
(512) 577-9808
23 Total Sales
-
Maria Rivera
M
Buyer's Agent in 2017
Maria Rivera
HAVEN ABODE PROPERTIES GROUP, LLC
(512) 619-2667
7 Total Sales
About Posada del Rey
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 1477434
APN: 194245
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