NOT LISTED FOR SALE

5205 Palermo Dr Austin, TX 78738

Estimated Value: $793,611

4 Beds
3 Baths
3,183 Sq Ft
$249/Sq Ft Est. Value

Last Sold November 29, 2018

Current estimated payment $5,451/month

95 Days on Market

Highlights

  • View of Trees or Woods
  • Cathedral Ceiling
  • Private Yard
  • Bee Cave Elementary School Rated A
  • Wood Flooring
  • Multiple Living Areas

About This Home

As of November 2018

This beautiful model home has gorgeous landscaping and a fireplace in the backyard. As you enter the glass & wrought iron front door into the rotunda views. To the left the bedroom wing to the right the expansive open vaulted ceiling of the family room. The large kitchen and breakfast area create a feel you will not forget. The master is large & bright with big windows and the master bath has large his and hers closets. DOES NOT INCLUDE FURNITURE.FEMA - Unknown Restrictions: Yes Sprinkler Sys:Yes

Last Agent to Sell the Property

Manuel Martinez

Easter and Easter, REALTORS License #0596930 Listed on: 04/26/2018

Last Buyer's Agent

Alexa Kanelos

Compass RE Texas, LLC License #0628825

Compass RE Texas, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2015

Lot Details

  • 8,750 Sq Ft Lot
  • Lot Dimensions are 125x70
  • Wrought Iron Fence
  • Wood Fence
  • Rain Sensor Irrigation System
  • Few Trees
  • Private Yard
  • Property is in excellent condition

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Single Garage Door
  • Garage Door Opener

Property Views

  • Woods
  • Park or Greenbelt

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Masonry Siding
  • Stone Veneer
  • Stucco

Interior Spaces

  • 3,183 Sq Ft Home
  • 1-Story Property
  • Wired For Sound
  • Crown Molding
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Awning
  • French Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • Multiple Living Areas
  • Dining Area
  • Washer

Kitchen

  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • ENERGY STAR Qualified Appliances
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Home Security

  • Prewired Security
  • Fire and Smoke Detector
  • In Wall Pest System

Outdoor Features

  • Porch

Schools

  • Bee Cave Elementary School
  • Lake Travis Middle School
  • Lake Travis High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Municipal Utilities District for Water and Sewer
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01237805010000
  • Tax Block F

Community Details

Overview

  • Association fees include common area maintenance
  • Terra Colinas Association
  • Built by M/I Homes
  • Terra Colinas Subdivision

Amenities

  • Common Area
  • Community Mailbox

Recreation

  • Community Pool
  • Park
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2015

Lot Details

8,750 Sq Ft Lot

HOA Fees

$60 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Building Area Total: 3183
  • Year Built: 2015
  • Directions: From Austin, take HWY 71 West toward Bee Cave. Continue to follow HWY 71 west and turn left onto Palermo Drive (approximately 3.6 miles past the Hill Country Galleria).
  • Disclosures: See Remarks
  • Fencing: Fenced, Privacy, Wood, Wrought Iron
  • Fireplaces: 1
  • Garage Spaces: 2
  • Levels: One
  • Living Area: 3183
  • Special Listing Conditions: Standard
  • Estimated Taxes: 13738.00
  • Current Price Lot Size Squ: 70.29
  • Current Price By Living Ar: 193.21
  • "Current Price By Original ": 1.00
  • List Price Lot Size Square: 70.29
  • List Price By Living Area: 193.21
  • List Price By Original Lis: 1.00
  • Restrictions: Deed Restrictions
  • Tax Exemptions: None
  • Unit Style: 1st Floor Entry
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Beamed Ceilings, Cathedral Ceiling(s), High Ceilings, Crown Molding, Entrance Foyer, French Doors, In-Law Floorplan, Multiple Dining Areas, Multiple Living Areas, Pantry, Primary Bedroom on Main, Recessed Lighting, Walk-In Closet(s), Wired for Sound
  • View: Park/Greenbelt, Trees/Woods
  • Flooring: Carpet, Tile, Wood
  • Fireplace Features: Family Room
  • Accessibility Features: None
  • Appliances: Built-In Oven(s), Gas Cooktop, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Exhaust Fan, Microwave, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Tankless Water Heater, Washer
  • Main Level Bedrooms: 4
  • Property Condition: Excellent
  • Security Features: Prewired, Smoke Detector(s)
  • Spa Features: None
  • ResoLivingAreaSource: Builder
  • Laundry Location: Laundry Room,Main Level

Beds/Baths

  • Full Bathrooms: 3
  • Bedrooms: 4

Exterior Features

  • Exterior Features: Exterior Steps, Pest Tubes in Walls, Private Yard
  • Roof: Composition
  • Builder Name: M/I Homes
  • Foundation: Slab
  • Patio And Porch Features: Awning(s), Porch
  • Pool Features: None
  • Private Pool: No
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2
  • Parking Features: Attached, Door-Single, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance
  • Association Fee Frequency: Annually
  • Association Fee: 725

Association/Amenities

  • Association Name: Terra Colinas
  • Association: Yes
  • Community Features: Cluster Mailbox, Common Grounds, Park, Pool, Walk/Bike/Hike/Jog Trail(s

Schools

  • Elementary School: Bee Cave
  • High School: Lake Travis
  • Middle/Junior School: Lake Travis

Lot Info

  • Lot Features: Sprinkler - Automatic, Sprinkler - Rain Sensor, Trees-Small (Under 20 Ft), Trees-Sparse
  • Lot Size: 125x70
  • Parcel Number: 01237805010000
  • Lot Size Acres: 0.201
  • Lot Size Sq Ft: 8750
  • Subdivision Name: Terra Colinas
  • Crops: None

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No

Building Info

  • Construction Materials: Masonry – All Sides, Brick Veneer, Stone Veneer, Stucco

Tax Info

  • Tax Block: F
  • Tax Year: 2018
  • Tax Rate: 2.79218100000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2018
Closed on
Nov 28, 2018
Sold by
M I Homes Of Austin Llc
Bought by
Nguyen Vinh Thach and Nguyen Lisa
Seller's Agent
Manuel Martinez
Easter and Easter, REALTORS
Buyer's Agent
Alexa Kanelos
Compass RE Texas, LLC
List Price
$615,000
Current Estimated Value
$793,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.55%
Original Mortgage
$432,000
Outstanding Balance
$380,601
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$413,010

Purchase Details

Closed on
Dec 2, 2015
Sold by
Terra Colinas Llc
Bought by
Mi Homes Os Austin Llc
Source: Public Records
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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
Nguyen Vinh Thach -- None Available
Mi Homes Os Austin Llc -- Independence Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Vinh Thach $432,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2018 11/29/18 Sold -- -- --
07/30/2018 07/30/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $615,000 -- $193 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

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 $13,798 $737,855 $215,104 $522,751
2023 $12,692 $682,602 $0 $0
2022 $15,301 $620,547 $0 $0
2021 $14,381 $564,134 $72,500 $491,634
2020 $13,951 $524,008 $72,500 $451,508
2018 $15,229 $557,030 $55,129 $501,901
2017 $14,042 $510,282 $54,237 $456,045
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 1356652

Unlock MLS (Austin Board of REALTORS®)

APN: 867671

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