$560,000
SOLD FEB 19, 2016
Last list price
-- Bed
-- Bath
4,192 Sq Ft
0.63 Acres

Recently Sold

$134 Per Sq Ft

81 Days on Market

About This Home

As of August 2018

Wonderful Investment Opportunity in South Central Austin near Central Market, the South Lamar Shopping District and Sunset Valley. Beautifully remodeled 2 bedroom 2 bath units with Laminate Floors, Ceramic Tile. Washer & Dryer connections a fireplace and even a "Nest" HVAC control in every unit.

Last Agent to Sell the Property

Steve Zalenski

Texas Signature Realty License #0495834 Listed on: 11/11/2015

Texas Signature Realty

Last Buyer's Agent

Nicholas Yarnall

Nicholas Yarnall, Broker License #0642890

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,602

Year Built

  • 1983

Property Views

  • Creek or Stream
  • Park or Greenbelt

Home Design

  • 4,192 Sq Ft Home
  • Quadruplex
  • Slab Foundation
  • Asphalt Shingled Roof

Utilities

  • Separate Meters
  • Electricity To Lot Line
  • Separate Water Meter
  • Phone Available

Listing and Financial Details

  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,602

Year Built

1983

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Fourplex
  • Total Sq Ft: 4192
  • Stories: 2
  • Unit Mix: 2/2
  • Year Built Exception: Resale
  • Ratio Close Price By List Price: 0.96262
  • Ratio Close Price By Original Li: 0.91964
  • Ratio Close Price By Sq Ft: 122.85
  • Ratio Current Price By Lot Size: 807210.03
  • Ratio Current Price By Sq Ft: 122.85
  • Ratio List Price By Sq Ft: 127.62
  • Special Features: None
  • Year Built: 1983

Interior Features

  • View: Creek/Stream, Greenbelt
  • Laundry Facilities: Separate
  • Condition: As-Is
  • Region: Austin - South

Exterior Features

  • Roof: Asphalt Shingles
  • Construction: Composition Shingle, Frame
  • Foundation: On Stilts, Slab

Utilities

  • Sewer: City On Property
  • Utilities: Electricity On Property, Phone On Property
  • Meter Description: Electric Separate, Water Separate
  • Water Source: City

Schools

  • School District: Austin ISD
  • Elementary A: Sunset Valley
  • Middle Intermediate School: Covington
  • High School: Crockett

Lot Info

  • F E M A100 Yr Flood Plain: See Agent
  • Lot Size Area: 0.638

Rental Info

  • Total Actual Rent: 4500

Tax Info

  • Actual Tax: 6597.00
  • Tax Filled Sqft Total: 4192
  • Tax Rate: 2.37980000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2018
Closed on
Aug 31, 2018
Sold by
534 Indio Cove Llc
Bought by
Rao Arjun and Rao Liana
Seller's Agent
Tim Landy
Compass RE Texas, LLC
Buyer's Agent
Kevin Bown
Twelve Rivers Realty
List Price
$700,000
Current Estimated Value
$1,004,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%
Original Mortgage
$521,250
Outstanding Balance
$453,625
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$551,287

Purchase Details

Closed on
May 5, 2006
Sold by
Jordan Melvin F
Bought by
Holder Alexander and Zapata Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.73%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 25, 1999
Sold by
Moss James W and Moss Christa L
Bought by
Jordan Melvin F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.69%
Mortgage Type
Seller Take Back
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 Type Sale Price Title Company
Vendors Lien -- Alamo Title Co
Vendors Lien -- Independence Title Co
Vendors Lien -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $521,250 Purchase Money Mortgage
Previous Owner $240,000 Fannie Mae Freddie Mac
Previous Owner $215,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2018 08/31/18 Sold -- -- --
07/28/2018 07/28/18 Pending -- -- --
07/23/2018 07/23/18 For Sale $700,000 +25.0% $167 / Sq Ft
02/19/2016 02/19/16 Sold -- -- --
01/31/2016 01/31/16 Pending -- -- --
11/11/2015 11/11/15 For Sale $560,000 -- $134 / 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 $21,602 $993,408 $491,169 $502,239
2023 $20,380 $1,126,408 $480,000 $646,408
2022 $20,786 $1,052,519 $480,000 $572,519
2021 $17,197 $790,048 $240,000 $550,048
2020 $12,530 $584,179 $240,000 $344,179
2018 $13,680 $617,875 $230,000 $387,875
2017 $11,522 $516,669 $50,000 $466,669
2016 $8,680 $389,216 $67,500 $373,738
2015 $6,597 $366,862 $67,500 $359,684
2014 $6,597 $291,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 6901758

Unlock MLS (Austin Board of REALTORS®)

APN: 510835