NOT LISTED FOR SALE

Estimated Value: $836,305 - $957,000

-- Bed
6 Baths
3,870 Sq Ft
$232/Sq Ft Est. Value

Last Sold December 28, 2021

Current estimated payment $6,370/month

9 Days on Market

Highlights

  • Horses Allowed On Property
  • Mature Trees
  • Granite Countertops
  • Lamar Middle School Rated A-
  • Corner Lot
  • No HOA

About This Home

As of December 2021

Turnkey investment opportunity with room for improvement in a popular Mueller area. Centrally located, less than 20 minutes to Apple Campus and 23 min. to Tesla Giga Factory. In the heart of Windsor Park this building has shops, restaurants, and nightlife nearby. Professionally managed. This well maintained building features a new (2020) TPO roof with 10 yr warranty and all four, 2.5 ton 14 SEER HVAC. All four units feature the same floorplan. Units 4 and 2 have been remodeled within the last year using the same finish-outs. Unit 1 was remodeled in 2019 using similar finish-outs. Unit 3 has not been remodeled, long-term tenant since 2012, currently month-to-month. This property has it all with excellent opportunities for owner-occupy, cash flow, or conversion to condos. Don't miss this opportunity to own.

Last Agent to Sell the Property

Paul Kennedy

Upside Realty License #0607648 Listed on: 11/04/2021

Last Buyer's Agent

Kathy Chen

Compass RE Texas, LLC License #0740899

Compass RE Texas, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,318

Year Built

  • Built in 1971

Lot Details

  • 8,973 Sq Ft Lot
  • Southwest Facing Home
  • Wood Fence
  • Back Yard Fenced
  • Corner Lot
  • Lot Sloped Down
  • Mature Trees
  • Few Trees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Membrane Roofing
  • HardiePlank Type

Interior Spaces

  • 3,870 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Aluminum Window Frames
  • Family Room
  • Laminate Flooring
  • Neighborhood Views

Kitchen

  • Free-Standing Electric Oven
  • Electric Range
  • Range Hood
  • ENERGY STAR Qualified Refrigerator
  • <<ENERGY STAR Qualified Dishwasher>>
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Laundry

  • Laundry in Kitchen
  • Washer and Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 8 Parking Spaces
  • Driveway
  • Paved Parking
  • Additional Parking
  • Parking Lot

Schools

  • Blanton Elementary School

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Above Ground Utilities
  • Separate Water Meter
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Patio
  • Horses Allowed On Property

Listing and Financial Details

  • Legal Lot and Block 2 / B
  • Assessor Parcel Number 02211908020000
  • 2% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • Delwood Terrace Sec 01 Subdivision
  • The community has rules related to deed restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,318

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Restrictions: Deed Restrictions
  • Unit Mix: 2/1.5
  • Year Built: 1971
  • Direction Faces: SW
  • Directions: From 290 exit Berkman DR head south. Left on Briarcliff BLVD to Wellington DR, Building on the NE corner of Wellington and Cheshire DR From 183 exit Manor RD head south. Right on Wheless LN, take Wheles LN to stop sign then Left on Gaston Pl Dr, Left onto Wellington DR.
  • Disclosures: Familial Relation, Seller Provided Survey Available
  • Estimated Taxes: 9789.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Back Yard, Wood
  • Green Energy Efficient: Appliances
  • Green Sustainability: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 3870.00
  • Other Equipment: Electric Dryer Hookup, Washer Hookup
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Counter-Granite, Electric Dryer Hookup, Interior Steps, Washer Hookup
  • Laundry Location: In Kitchen
  • View: Neighborhood
  • Flooring: Laminate
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Electric Range, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, Free-Standing Electric Oven, RNGHD, Stainless Steel Appliance(s), Water Heater-Electric
  • Property Condition: Resale
  • Security Features: Carbon Monoxide Detector(s), Fire Alarm
  • Window Features: Aluminum Frames, Blinds

Exterior Features

  • Exterior Features: Exterior Steps, Private Yard
  • Roof: Membrane
  • Foundation: Slab
  • Patio And Porch Features: Patio
  • Waterfront: No

Garage/Parking

  • Parking Features: Additional Parking, Asphalt, Parking Lot, Paved
  • Total Parking Spaces: 8.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Above Ground, Cable Available, Internet-Cable, Phone Available, Water Available
  • Heating: Central, Electric
  • Meter Description: Electric Separate, Water Separate
  • Water Source: Public
  • Cooling: Central Air

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Blanton
  • Elementary School: Blanton

Lot Info

  • Lot Features: Corner Lot, Curbs, Gentle Sloping, Sloped Down, Trees-Large (Over 40 Ft), Trees-Sparse
  • Parcel Number: 02211908020000
  • Lot Size Acres: 0.2060
  • Lot Size Sq Ft: 8973.36
  • Subdivision Name: Delwood Terrace Sec 01

Rental Info

  • Total Actual Rent: 5245.00
  • Pets Allowed: All

Building Info

  • Construction Materials: Brick Veneer, Frame, HardiPlank Type
  • New Construction: No

Tax Info

  • Tax Block: B
  • Tax Filled Sqft Total: 3870
  • Tax Lot: 2
  • Tax Rate: 2.22667000000000
  • Tax Year: 2021
  • Tax Annual Amount: 10318.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2021
Closed on
Dec 27, 2021
Sold by
Stephen M Kennedy Revocable Trust
Bought by
Abraham Reshe George and Abraham Shewta
Seller's Agent
Paul Kennedy
Upside Realty
Buyer's Agent
Kathy Chen
Compass RE Texas, LLC
List Price
$875,000
Sold Price
$886,000
Premium/Discount to List
$11,000
1.26%
Current Estimated Value
$896,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,653
Avg. Annual Appreciation
-1.30%
Original Mortgage
$664,500
Outstanding Balance
$616,162
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$229,469

Purchase Details

Closed on
Jul 21, 2011
Sold by
Garrison Phillip B and Garrison Jancy
Bought by
Kennedy Stephen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,925
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2007
Sold by
Hong Jessica
Bought by
Garrison Phillip B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2006
Sold by
Hong Julie
Bought by
Hong Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.09%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 22, 2004
Sold by
Meltzer Realty Corp
Bought by
Hong Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 2, 1997
Sold by
Tran Tien and Vu Nhan N
Bought by
Meltzer Realty Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
7.53%

Purchase Details

Closed on
Oct 6, 1994
Sold by
Quigley Michael E
Bought by
Tran Tien and Vu Nhan N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,900
Interest Rate
8.46%
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
Abraham Reshe George $883,785 Chicago Title
Kennedy Stephen M -- Capital Title Of Texas
Garrison Phillip B -- Itc
Hong Jessica -- Itc
Hong Julie -- Alamo Title Company
Meltzer Realty Corp -- Commercial Title
Tran Tien -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abraham Reshe George $664,500
Previous Owner Kennedy Stephen M $204,750
Previous Owner Kennedy Stephen M $209,925
Previous Owner Garrison Phillip B $180,000
Previous Owner Hong Jessica $172,000
Previous Owner Hong Julie $102,000
Previous Owner Meltzer Realty Corp $66,500
Previous Owner Tran Tien $46,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2021 12/28/21 Sold -- -- --
11/13/2021 11/13/21 Pending -- -- --
11/04/2021 11/04/21 For Sale $875,000 -- $226 / 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
2023 $16,833 $894,170 $350,000 $544,170
2022 $15,241 $771,731 $350,000 $421,731
2021 $9,570 $439,646 $180,000 $259,646
2020 $9,939 $463,371 $180,000 $283,371
2018 $10,656 $481,312 $200,000 $281,312
2017 $9,130 $409,412 $175,000 $234,412
2016 $9,226 $413,701 $175,000 $238,701
2015 $5,063 $375,000 $100,000 $275,000
2014 $5,063 $212,735 $100,000 $112,735
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 5629870

Unlock MLS (Austin Board of REALTORS®)

APN: 218990