NOT LISTED FOR SALE

Estimated Value: $1,027,000 - $1,144,000

Studio
3 Baths
3,224 Sq Ft
$339/Sq Ft Est. Value

Last Sold January 05, 2017

Current estimated payment $7,387/month

7 Days on Market

About This Home

As of January 2017

Great duplex opportunity in North Hyde Park. Excellent return on investment. This well-maintained duplex has solid rental history and great tenants. Each side has 3 bedrooms, 2.5 baths, a garage, and a fenced yard! Gorgeous street and fantastic location close to downtown, light rail, Austin's New Medical School, UT, and all most all government buildings.

Last Agent to Sell the Property

Lisa Hill

Compass RE Texas, LLC License #0525297 Listed on: 11/21/2016

Compass RE Texas, LLC

Co-Listed By

Jeffrey Hill

Compass RE Texas, LLC License #0622242

Last Buyer's Agent

Nischal Desai

Desai Real Estate, LLC License #0587705

Property Details

Home Type

  • Multi-Family

Year Built

  • 1997

Lot Details

  • 8,712

Home Design

  • 3,224 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Composition Shingle Roof

Utilities

  • Separate Meters
  • Electricity To Lot Line
  • Separate Water Meter
  • Sewer in Street

Listing and Financial Details

  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Year Built

1997

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Total Sq Ft: 3224
  • Stories: 2
  • Unit Mix: 3/2.5
  • Year Built Exception: Resale
  • Ratio Close Price By List Price: 0.99346
  • Ratio Close Price By Original Li: 0.99346
  • Ratio Close Price By Sq Ft: 230.80
  • Ratio Current Price By Lot Size: 3560287.08
  • Ratio Current Price By Sq Ft: 230.80
  • Ratio List Price By Sq Ft: 232.32
  • Special Features: None
  • Year Built: 1997

Interior Features

  • Laundry Facilities: Separate
  • Condition: See Disclosure
  • Region: Austin - Central

Exterior Features

  • Fence: Wood
  • Trees: Medium (20 Ft - 40 Ft)
  • Roof: Composition Shingle
  • Construction: Hardiplank Type
  • Foundation: Slab

Utilities

  • Sewer: City At Street
  • Utilities: Electricity On Property, Natural Gas On Property
  • Meter Description: Electric Separate, See Agent, Water Separate
  • Water Source: City

Schools

  • Elementary A: Ridgetop
  • Intermediary: Yes
  • Middle Intermediate School: Lamar
  • High School: McCallum

Lot Info

  • F E M A100 Yr Flood Plain: Unknown
  • Lot Size Area: 0.209

Rental Info

  • Total Actual Rent: 4840

Tax Info

  • Tax Filled Sqft Total: 3224
  • Tax Rate: 2.29610000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2016
Closed on
Jan 5, 2017
Sold by
Shanes Robert and Shanes Del Alcazar
Bought by
Jankay Balaji and Jankay Radhika R
Seller's Agent
Lisa Hill
Compass RE Texas, LLC
Buyer's Agent
Nischal Desai
Desai Real Estate, LLC
List Price
$749,000
Current Estimated Value
$1,114,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.32%
Original Mortgage
$543,000
Outstanding Balance
$446,327
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$645,362

Purchase Details

Listed on
Jan 3, 2014
Closed on
Feb 20, 2014
Sold by
Mitchell Dennis L
Bought by
Shanes Robert and Delalcazar Kenneth
Seller's Agent
Michael Said
eXp Realty, LLC
Buyer's Agent
Jeff Lowther
Austin Property Investments
List Price
$575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.86%
Original Mortgage
$417,750
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 1997
Sold by
49Th Street Joint Venture
Bought by
Mitchell Dennis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,750
Interest Rate
7.49%

Purchase Details

Closed on
Feb 28, 1997
Sold by
Day Daniel A
Bought by
49Th Street Joint Venture

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.88%
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
Jankay Balaji -- None Available
Shanes Robert -- Itc
Mitchell Dennis L -- Texas American Title Company
49Th Street Joint Venture -- Texas Professional Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jankay Balaji $543,000
Previous Owner Shanes Robert $417,750
Previous Owner Mitchell Dennis L $239,750
Previous Owner 49Th Street Joint Venture $130,000
Closed 49Th Street Joint Venture $53,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/05/2017 01/05/17 Sold -- -- --
11/28/2016 11/28/16 Pending -- -- --
11/21/2016 11/21/16 For Sale $749,000 +30.3% $232 / Sq Ft
03/18/2014 03/18/14 Sold -- -- -- View Prior Sale
01/13/2014 01/13/14 Pending -- -- --
01/03/2014 01/03/14 For Sale $575,000 -- $178 / 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 $19,188 $853,461 $653,316 $200,145
2023 $19,188 $848,345 $632,500 $215,845
2022 $19,270 $975,723 $632,500 $343,223
2021 $18,772 $862,400 $402,500 $459,900
2020 $16,074 $749,400 $402,500 $346,900
2018 $16,474 $744,100 $385,000 $359,100
2017 $11,489 $515,178 $357,500 $157,678
2016 $12,986 $582,290 $302,500 $279,790
2015 $14,486 $561,845 $269,500 $292,345
2014 $14,486 $608,709 $300,000 $308,709
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 9291788

Unlock MLS (Austin Board of REALTORS®)

APN: 216132