NOT LISTED FOR SALE

5216 Palermo Dr Bee Cave, TX 78738

Estimated Value: $715,089 - $738,000

3 Beds
2 Baths
2,850 Sq Ft
$255/Sq Ft Est. Value

Last Sold March 24, 2017

Current estimated payment $5,151/month

280 Days on Market

Highlights

  • Family Room with Fireplace
  • Wood Flooring
  • Covered Patio or Porch
  • Bee Cave Elementary School Rated A-
  • High Ceiling
  • Butlers Pantry

About This Home

As of March 2017

This home is a surprise from the moment you walk through the door! When you open your 8 ft. front
door you are greeted with tall ceilings and gleaming hardwood floors in all of the entertaining areas and
study. The great room open floor plan featured in this home has loads of windows and upgrades
throughout. The living room comes complete with a gas f/p, a huge niche for your media center and
the extended, covered patio. 3 car garage to house all of your toys and vehicles!

Last Agent to Sell the Property

Patrick H Easter

M/I Homes Realty License #0425069 Listed on: 05/17/2016

Last Buyer's Agent

Jorge Mora

JBGoodwin REALTORS WL License #0678376

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,676

Year Built

  • 2016

Lot Details

  • Lot Dimensions are 70 x 130
  • Interior Lot

HOA Fees

  • $60 Monthly HOA Fees

Home Design

  • House
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,850 Sq Ft Home
  • High Ceiling
  • Recessed Lighting
  • Gas Log Fireplace
  • Window Treatments
  • French Doors
  • Family Room with Fireplace
  • Butlers Pantry

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

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

Parking

  • Attached Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Electricity To Lot Line

Community Details

  • Association fees include common area maintenance
  • Built by MI Homes

Listing and Financial Details

  • 3% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,676

Year Built

2016

Lot Details

0

HOA Fees

$60 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: House
  • Access Instructions: Key With Owner
  • Exclusions: Homestead
  • Restrictions: Yes
  • Total Sq Ft: 2850
  • Steps: See Agent
  • Stories: 1
  • Year Built Exception: Under Construction
  • Restrictions Type: Deed Restrictions
  • Ratio Close Price By List Price: 0.99109
  • Ratio Close Price By Original Li: 0.90303
  • Ratio Close Price By Sq Ft: 156.14
  • Ratio Current Price By Lot Size: 2781250.00
  • Ratio Current Price By Sq Ft: 156.14
  • Ratio List Price By Sq Ft: 157.54
  • Special Features: NewHome
  • Year Built: 2016

Interior Features

  • Master Description: 2 Closets, Garden Tub, Separate Shower, Walk-In Closet, Double Vanity, Full Bath
  • Kitchen: Breakfast Area, Breakfast Bar, Center Island, Granite/Marble Counters, Open To Family Room, Walk-In Pantry
  • Main Level Bedrooms: 3
  • Interior Amenities: Butler Pantry, French Doors, Lighting Recessed, Smoke Detector, Walk-In Closet, Window Treatments, Wired For Security, Ceiling-High, See Agent
  • Dining Description: Breakfast Area, Formal Dining Room
  • Laundry Facilities: Utility/Laundry Room, Dryer Connection - Electric
  • Sprinkler System: Yes
  • Flooring: Carpet, Tile - Hard, Wood
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas Log Fireplace
  • Kitchen Appliances: Cook Top Electric, Dishwasher, Disposal, Energy Star Appliances, Exhaust Fan Vented, Microwave Oven, See Agent, Self Cleaning Oven, Water Heater Electric
  • Master Main: Yes
  • Num Dining: 1
  • Fireplaces: 1
  • Num Living: 2
  • Region: Northwest Travis Co.

Exterior Features

  • Fence: Cedar
  • Exterior Features: Gutters Partial, Patio-Covered, Pest Tubes In Walls, Porch-Open
  • Roof: Composition Shingle
  • Construction: All Sides Masonry, Brick Veneer, Stone Veneer
  • Builder Name: MI Homes
  • Foundation: Slab

Garage/Parking

  • Total Covered Spaces: 3
  • Parking Features: Attached, Door Opener

Utilities

  • Cooling: Central Air, Seer Rated 16+
  • Sewer: City On Property
  • Utilities: Electricity On Property, Natural Gas On Property
  • Heating: Central Heat, Natural Gas
  • Water Source: City

Condo/Co-op/Association

  • HOA: Yes
  • HOA Fee Includes: Common Area Maintenance
  • Association Fee Frequency: Annually
  • Association Fee: 725
  • Hoa Name: Southwest Manage
  • H O A Requirement: Mandatory

Schools

  • School District: Lake Travis ISD
  • Elementary A: Bee Cave
  • Middle Intermediate School: Lake Travis
  • High School: Lake Travis

Lot Info

  • Fire Prevention: Automatic, Back Yard, Front Yard
  • Land Sq Ft: 8000.000
  • Lot Features: Interior
  • Lot Size Area: 0.160
  • Lot Size: 70 x 130

Tax Info

  • Tax Rate: 2.79000000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2016
Closed on
Mar 24, 2017
Sold by
Mi Homes Of Austin Llc
Bought by
Ammons James N and Ammons Wendy V
Seller's Agent
Patrick H Easter
M/I Homes Realty
Buyer's Agent
Jorge Mora
JBGoodwin REALTORS WL
List Price
$492,788
Current Estimated Value
$726,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%
Original Mortgage
$400,500
Interest Rate
4.17%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Ammons James N -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ammons James N $378,500
Closed Ammons James N $400,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2017 03/24/17 Sold -- -- --
02/21/2017 02/21/17 Pending -- -- --
10/14/2016 10/14/16 Price Changed $449,000 -4.5% $158 / Sq Ft
08/09/2016 08/09/16 Price Changed $469,990 -4.5% $165 / Sq Ft
06/21/2016 06/21/16 Price Changed $492,158 -0.3% $173 / Sq Ft
06/17/2016 06/17/16 Price Changed $493,668 +0.2% $173 / Sq Ft
05/17/2016 05/17/16 For Sale $492,788 -- $173 / 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 $13,676 $701,705 $210,000 $491,705
2023 $12,097 $653,109 $0 $0
2022 $14,640 $593,735 $0 $0
2021 $13,760 $539,759 $72,500 $468,404
2020 $13,064 $490,690 $72,500 $418,190
2018 $13,741 $502,628 $72,500 $430,128
2017 $12,314 $447,488 $54,237 $393,251
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 3724858

Unlock MLS (Austin Board of REALTORS®)

APN: 867683