NOT LISTED FOR SALE

Estimated Value: $1,122,287

-- Bed
2 Baths
2,716 Sq Ft
$413/Sq Ft Est. Value

Last Sold April 05, 2019

Current estimated payment $7,613/month

39 Days on Market

Highlights

  • Panoramic View
  • Deck
  • No HOA
  • Russell Lee Elementary School Rated A-
  • Wood Flooring
  • 2-minute walk to Eastwoods Neighborhood Park

About This Home

As of April 2019

Just 2 blocks from UT! Original structure was built in 1926, renovated & units add in 2004-06. Property is in perfect shape w/solid rental history, units leased 7/31/20. Units have hardwood, granite + more. Common area rooftop deck overlooking UT & football stadium. Potential to add (2 or more) units above current 10 space parking area - easily increase revenue. Could be a great condo conversion or long term hold

Last Agent to Sell the Property

Matt Ely

Ely Properties, Inc. License #0387240 Listed on: 02/07/2019

Ely Properties, Inc.

Last Buyer's Agent

Kyle Bertels

Keller Williams Realty License #0706420

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,332

Year Built

  • Built in 1921

Lot Details

  • 6,795 Sq Ft Lot
  • Wrought Iron Fence
  • Wood Fence

Property Views

  • Panoramic
  • City

Home Design

  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Composition Roof
  • Stone Siding
  • HardiePlank Type

Interior Spaces

  • 2,716 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Laundry

  • Laundry in multiple locations
  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Lee Elementary School
  • Kealing Middle School
  • Mccallum High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Shared Water Meter
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 3 Units
  • College Court Subdivision

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number 02150510160000
  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,332

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Building Area Total: 2716.00
  • Restrictions: None
  • Unit Mix: 2/1, 2/2
  • Year Built: 1921
  • Directions: From I-35: Dean Keaton west- right on San Jacinto, right on Elmwood Place, property on left
  • Estimated Taxes: 17593.00
  • FEMA Flood Plain: No
  • Fencing: Fenced, Wood, Wrought Iron
  • Guest Accommodation Description: None
  • Intermediary: No
  • Levels: Two
  • Living Area: 2716.00
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Laundry Location: Multiple Locations
  • View: City, Panoramic
  • Flooring: Tile, Vinyl, Wood
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer, Water Heater-Electric, Water Heater-Gas
  • Property Condition: See Remarks
  • Security Features: Smoke Detector(s)
  • Spa Features: None

Exterior Features

  • Exterior Features: None
  • Roof: Composition
  • Foundation: Pillar/Post/Pier
  • Patio And Porch Features: Deck
  • Pool Features: None
  • Private Pool: No
  • View: Yes
  • Waterfront Features: None

Garage/Parking

  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Other, Natural Gas Available
  • Heating: Central, Natural Gas
  • Meter Description: Electric Separate, Gas Separate, Water Common
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Lee
  • Middle School: Kealing
  • High School: McCallum
  • Elementary School: Lee
  • High School: McCallum
  • Middle/Junior School: Kealing

Lot Info

  • Lot Features: None
  • Parcel Number: 02150510160000
  • Lot Size Acres: 0.1560
  • Lot Size Sq Ft: 6795.36
  • Subdivision Name: College Court

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 6185.00
  • Pets Allowed: No

Building Info

  • Construction Materials: Frame, HardiPlank Type, Stone

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Filled Sqft Total: 2716
  • Tax Lot: 45
  • Tax Rate: 2.21399000000000
  • Tax Year: 2018
  • Tax Annual Amount: 12332.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2021
Sold by
Jadetree Investment Llc
Bought by
Su Douglas Yu Chcng and Su Kevin Yu
Current Estimated Value
$1,122,287

Purchase Details

Listed on
Feb 7, 2019
Closed on
Apr 5, 2019
Sold by
Allman Melton Iii Thomas June and Allman Melton Betty Brooke
Bought by
Jade Tree Investment Llc
Seller's Agent
Matt Ely
Ely Properties, Inc.
Buyer's Agent
Kyle Bertels
Keller Williams Realty
List Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.43%

Purchase Details

Closed on
Aug 31, 2000
Sold by
Melton Betty Brooke Allman
Bought by
Melton Thomas June

Purchase Details

Closed on
Apr 19, 2000
Sold by
Melton Thomas June
Bought by
Melton Betty Brooke Allman

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
8.24%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 30, 1995
Sold by
Mcburnett Craig G
Bought by
Melton Thomas June

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,250
Interest Rate
8.72%
Mortgage Type
Purchase Money Mortgage
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
Su Douglas Yu Chcng -- None Available
Jade Tree Investment Llc -- Independence Title Co
Melton Thomas June -- --
Melton Betty Brooke Allman -- Austin Title Company
Melton Thomas June -- Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Su Douglas Yu-Cheng $600,000
Previous Owner Melton Thomas June $285,000
Previous Owner Melton Thomas June $287,000
Previous Owner Melton Betty Brooke Allman $192,000
Previous Owner Melton Thomas June $87,250
Closed Melton Thomas June $12,470
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2019 04/05/19 Sold -- -- --
03/18/2019 03/18/19 Pending -- -- --
02/07/2019 02/07/19 For Sale $1,250,000 -- $460 / 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 $17,978 $799,580 $538,650 $260,930
2023 $17,978 $1,290,188 $350,000 $940,188
2022 $25,975 $1,315,248 $350,000 $965,248
2021 $21,717 $997,698 $325,000 $672,698
2020 $15,918 $742,160 $325,000 $417,160
2018 $17,593 $794,633 $325,000 $469,633
2017 $12,422 $557,000 $325,000 $232,000
2016 $13,408 $601,222 $325,000 $276,222
2015 $13,898 $532,759 $250,000 $282,759
2014 $13,898 $584,000 $250,000 $334,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 3930921

Unlock MLS (Austin Board of REALTORS®)

APN: 208665