NOT LISTED FOR SALE

Estimated Value: $405,790 - $527,000

Studio
2 Baths
1,646 Sq Ft
$279/Sq Ft Est. Value

Last Sold May 31, 2022

Current estimated payment $3,090/month

10 Days on Market

Highlights

  • Horses Allowed On Property
  • High Ceiling
  • No HOA
  • Wooded Lot
  • Private Yard
  • Neighborhood Views

About This Home

As of May 2022

4 Bed/2 Bath/2 Carport - Duplex with Hard Tile Flooring Throughout, Fenced Backyard, Great S. Austin Location! Income-Producing - Long term Tenants Occupied - Easy Access from Wm. Cannon, Convenient Location to Shopping Centers & Restaurants, Sold As-Is; The annual rental income is $35,880; Unit A has 2 bed/1 bath/1 carport with a monthly rent at $1,495 until 31 Aug 2022; Unit B has 2 bed/2 bath/1 carport with a monthly rent at $1,495 until 31 May 2022;

Last Agent to Sell the Property

Susie Kang

Joa Realty License #0494229 Listed on: 04/23/2022

Last Buyer's Agent

Rebecca Sheller

Rebecca Sheller, Broker License #0659420

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 7,797 Sq Ft Lot
  • East Facing Home
  • Wood Fence
  • Chain Link Fence
  • Level Lot
  • Wooded Lot
  • Private Yard
  • Front Yard

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • Walk-In Closet
  • 1,646 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bookcases
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Window Screens
  • Living Room
  • Storage
  • Tile Flooring
  • Neighborhood Views
  • Fire and Smoke Detector

Kitchen

  • Free-Standing Gas Range
  • Dishwasher
  • Disposal

Laundry

  • Laundry in Carport
  • Washer and Gas Dryer Hookup

Parking

  • Garage
  • Carport
  • Parking Storage or Cabinetry

Outdoor Features

  • Patio
  • Shed

Schools

  • Odom Elementary School
  • Bedichek Middle School
  • Crockett High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Down Payment Assistance Available
  • Legal Lot and Block 7 / A
  • Assessor Parcel Number 04151202240000
  • 2% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • Cherry Creek East Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Restrictions: None
  • Unit Mix: 2/1
  • Year Built: 1973
  • Direction Faces: East
  • Directions: South on S. 1st, R. W. Stassney, L Emerald Forest
  • Disclosures: Lead Base Paint Addendum
  • Estimated Taxes: 7459.62
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Chain Link, Wood
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1646.00
  • Other Equipment: Gas Dryer Hookup, Washer Hookup
  • Other Structures: Shed(s), Storage
  • Special Listing Conditions: Standard
  • Title: Seller
  • Special Features: None

Interior Features

  • Interior Amenities: Bookcases, Built-in Features, Ceiling Fan(s), Ceiling-High, Gas Dryer Hookup, Pantry, Storage, Walk-In Closet(s), Washer Hookup
  • Laundry Location: In Carport
  • View: Neighborhood
  • Flooring: Tile
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Exhaust Fan, Free-Standing Gas Range, Refrigerator, Water Heater-Gas
  • Property Condition: Resale
  • Security Features: Smoke Detector(s)
  • Window Features: Blinds, Screens

Exterior Features

  • Exterior Features: Private Yard
  • Roof: Composition
  • Foundation: Slab
  • Patio And Porch Features: Patio
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Carport, Storage

Utilities

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

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • School District: Austin ISD
  • Elementary School: Odom
  • High School: Crockett
  • Middle/Junior School: Bedichek

Lot Info

  • Lot Features: Curbs, Front Yard, Level, Public Maintained Road, Trees-Medium (20 Ft - 40 Ft)
  • Lot Size: 7800
  • Special Assessment: No
  • Parcel Number: 04151202240000
  • Lot Size Acres: 0.1790
  • Lot Size Sq Ft: 7797.24
  • Subdivision Name: Cherry Creek East

Rental Info

  • Total Actual Rent: 2990.00
  • Pets Allowed: Cats OK, Dogs OK

Building Info

  • Construction Materials: Brick
  • New Construction: No

Tax Info

  • Tax Block: A
  • Tax Filled Sqft Total: 1646
  • Tax Lot: 7
  • Tax Rate: 2.17667900000000
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2022
Closed on
May 28, 2022
Sold by
Adrian Duran
Bought by
Mughannam Michele
Seller's Agent
Susie Kang
Joa Realty
Buyer's Agent
Rebecca Sheller
Rebecca Sheller, Broker
List Price
$525,000
Current Estimated Value
$458,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.92%
Original Mortgage
$424,000
Outstanding Balance
$404,231
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$54,717

Purchase Details

Closed on
Jun 18, 2008
Sold by
Mccarthy Sina Sue
Bought by
Duran Adrian and Duran Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,900
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2002
Sold by
Mccarthy Ronald William and Mccarthy Sina Sue
Bought by
Mccarthy Ronald William and Mccarthy Sina Sue

Purchase Details

Closed on
Jan 15, 1999
Sold by
Peyton Fred R and Peyton Nancy L
Bought by
Mccarthy Ronald William and Mccarthy Sina Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 1997
Sold by
Peyton Kenneth Langston
Bought by
Peyton Fred R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mughannam Michele -- Independence Title
Duran Adrian -- Fidelity National Title
Mccarthy Ronald William -- --
Mccarthy Ronald William -- Texas Professional Title Inc
Peyton Fred R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mughannam Michele $424,000
Previous Owner Duran Adrian $151,900
Previous Owner Mccarthy Ronald William $66,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2022 05/31/22 Sold -- -- --
05/08/2022 05/08/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $525,000 +64317.2% $319 / Sq Ft
04/23/2022 04/23/22 Off Market -- -- --
07/05/2012 07/05/12 Rented $815 0.0% --
04/12/2012 04/12/12 Under Contract -- -- --
04/05/2012 04/05/12 For Rent $815 -- --
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 $8,279 $433,029 $256,825 $176,204
2023 $7,903 $508,522 $275,000 $233,522
2022 $10,452 $529,235 $275,000 $254,235
2021 $7,460 $342,707 $125,000 $217,707
2020 $6,539 $304,865 $125,000 $179,865
2018 $6,472 $292,316 $125,000 $167,316
2017 $6,125 $274,655 $100,000 $174,655
2016 $5,250 $235,398 $100,000 $135,398
2015 $4,842 $199,758 $50,000 $149,758
2014 $4,842 $203,455 $50,000 $153,455
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2110267

Unlock MLS (Austin Board of REALTORS®)

APN: 323174