NOT LISTED FOR SALE

Estimated Value: $1,073,071 - $1,136,000

-- Bed
6 Baths
3,160 Sq Ft
$350/Sq Ft Est. Value

Last Sold August 20, 2018

Current estimated payment $7,654/month

31 Days on Market

Highlights

  • Mature Trees
  • No HOA
  • Walk-In Closet
  • Lamar Middle School Rated A-
  • Home Office
  • Living Room

About This Home

As of August 2018

Great income opportunity in a much desired central Austin location! Only show Side B with Executed offer. Unit B is almost an exact copy of unit A. Laminate wood floor/Stained concrete flooring down,carpet up,Granite countertop, Stainless steel appliances,Washer, Dryer,Fridge included. Soaring Ceiling and 2 inch Blinds.Open Concept Kitchen, dining and living areas.3 Beds up with 2 Baths and 1 full bath down with office/study.Flat backyard to enjoy.Close to UT, Downtown and shopping.Metro Bus 1 block away.Restrictions: Yes

Last Agent to Sell the Property

Sue Teng

Elim Realty License #0546503 Listed on: 04/02/2018

Co-Listed By

Bee Teo

Elim Realty License #0682667

Last Buyer's Agent

Tony Lazarov

Uptown Realty LLC License #0459968

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,143

Year Built

  • Built in 2007

Lot Details

  • 8,059 Sq Ft Lot
  • Level Lot
  • Mature Trees

Home Design

  • Slab Foundation
  • Composition Roof
  • Masonry Siding
  • HardiePlank Type

Interior Spaces

  • Walk-In Closet
  • 3,160 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Home Office
  • Storage

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Concrete

Laundry

  • Laundry in multiple locations
  • Dryer
  • Washer

Schools

  • Reilly Elementary School
  • Lamar Middle School
  • Mccallum High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter

Community Details

  • No Home Owners Association
  • 2 Units
  • Northfield Add Subdivision
  • The community has rules related to covenants, conditions, and restrictions, deed restrictions

Listing and Financial Details

  • Assessor Parcel Number 02260707080000
  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,143

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Building Area Total: 3160.00
  • Restrictions: Covenant, Deed Restrictions
  • Unit Mix: 3/3
  • Year Built: 2007
  • Directions: From I-35 Exit 2222 go west, Stay on 2222/Koenig Lane to Guadalupe, Turn Left Go Right on Franklin 2 streets down. Duplex on Left.
  • Disclosures: See Remarks
  • Estimated Taxes: 10143.00
  • FEMA Flood Plain: No
  • Fencing: None
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 3160.00
  • Property Panorama: No
  • Special Listing Conditions: See Remarks
  • Special Features: None

Interior Features

  • Interior Amenities: Interior Steps, Walk-In Closet(s)
  • Laundry Location: Multiple Locations
  • View: None
  • Flooring: Carpet, Concrete, Laminate
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Free-Standing Range, Refrigerator, Washer
  • Property Condition: Resale, See Remarks
  • Security Features: None
  • Spa Features: None

Exterior Features

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

Garage/Parking

  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available
  • Heating: Central, Natural Gas
  • 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: Reilly
  • Middle School: Lamar (Austin ISD)
  • High School: McCallum
  • Elementary School: Reilly
  • High School: McCallum
  • Middle/Junior School: Lamar (Austin ISD)

Lot Info

  • Lot Features: Level, Trees-Large (Over 40 Ft)
  • Parcel Number: 02260707080000
  • Lot Size Acres: 0.1850
  • Lot Size Sq Ft: 8058.60
  • Subdivision Name: Northfield Add

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 5100.00
  • Pets Allowed: No

Building Info

  • Construction Materials: Masonry – Partial, HardiPlank Type

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Filled Sqft Total: 3160
  • Tax Rate: 2.21400000000000
  • Tax Year: 2017
  • Tax Annual Amount: 10143.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2018
Closed on
Aug 20, 2018
Sold by
Keypoitn International Llc
Bought by
Schumacker Eric and Ma Qianwen
Seller's Agent
Sue Teng
Elim Realty
Buyer's Agent
Tony Lazarov
Uptown Realty LLC
List Price
$739,000
Current Estimated Value
$1,104,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.18%
Original Mortgage
$543,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2014
Sold by
Barnes Paul
Bought by
Green Unicorn Llc

Purchase Details

Closed on
Jan 13, 2014
Sold by
Mcpherson Alba
Bought by
Keypoint International Llc

Purchase Details

Closed on
Feb 25, 2011
Sold by
Wilsinger Builders Llc
Bought by
Mcpherson Alba

Purchase Details

Closed on
Oct 18, 2007
Sold by
Hatherly Bessie E
Bought by
Wilsinger Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,025
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2007
Sold by
Hatherly James Howard and Olson Becky Hatherly
Bought by
Hatherly Bessie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,025
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2000
Sold by
Morriss Robert L
Bought by
Atkins Neal M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,600
Interest Rate
9.5%
Mortgage Type
Purchase Money Mortgage
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
Schumacker Eric -- Independence Title Co
Green Unicorn Llc -- Independence Title
Keypoint International Llc -- Heritage Title
Mcpherson Alba -- Heritage Title
Wilsinger Builders Llc -- Alamo Title Company
Hatherly Bessie E -- None Available
Atkins Neal M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schumacker Eric $840,000
Closed Schumacker Eric $526,000
Closed Schumacker Eric $543,000
Previous Owner Atkins Neal M $180,000
Previous Owner Wilsinger Builders Llc $472,025
Previous Owner Atkins Neal M $132,000
Previous Owner Atkins Neal M $112,000
Previous Owner Atkins Neal M $69,600
Closed Atkins Neal M $13,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2018 08/20/18 Sold -- -- --
05/03/2018 05/03/18 Pending -- -- --
04/27/2018 04/27/18 For Sale $739,000 0.0% $234 / Sq Ft
04/05/2018 04/05/18 Pending -- -- --
04/02/2018 04/02/18 For Sale $739,000 -- $234 / 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 $19,620 $898,436 $441,545 $456,891
2023 $19,620 $1,091,409 $495,000 $596,409
2022 $17,703 $896,378 $495,000 $401,378
2021 $17,771 $816,447 $302,500 $513,947
2020 $15,632 $728,787 $302,500 $426,287
2018 $16,555 $747,728 $302,500 $445,228
2017 $10,217 $458,127 $264,000 $194,127
2016 $12,851 $576,244 $270,000 $306,244
2015 $12,065 $574,166 $225,000 $349,166
2014 $12,065 $549,562 $225,000 $324,562
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2022830

Unlock MLS (Austin Board of REALTORS®)

APN: 226671