NOT LISTED FOR SALE

615 W North Loop Blvd Austin, TX 78751

North Loop Neighborhood

Estimated Value: $1,406,624 - $1,969,000

-- Bed
4 Baths
7,209 Sq Ft
$234/Sq Ft Est. Value

Last Sold February 20, 2018

Current estimated payment $11,795/month

30 Days on Market

Highlights

  • 0.31 Acre Lot
  • Wooded Lot
  • No HOA
  • Ridgetop Elementary School Rated A
  • Corner Lot
  • Home Office

About This Home

As of February 2018

Great opportunity to own a cash flowing property in dynamic North loop area. Property features two structure, one is a stand alone charming house with 4 beds and 3 baths around 2200 sqft. The other structure is a four-plex over 4,400 sqft.Restrictions: Yes

Last Agent to Sell the Property

Brett Silverman

Christie's Int'l Real Estate License #0638589 Listed on: 11/17/2017

Christie's Int'l Real Estate

Co-Listed By

Mary Anne McMahon

RE/MAX Posh Properties License #0499106

Last Buyer's Agent

Cen Chen

All Side Realty License #0629164

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,763

Year Built

  • Built in 1941

Lot Details

  • 0.31 Acre Lot
  • Chain Link Fence
  • Corner Lot
  • Wooded Lot

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 7,209 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room
  • Dining Room
  • Home Office
  • Cooktop
  • Property Views

Schools

  • Ridgetop Elementary School
  • Lamar Middle School
  • Mccallum High School

Utilities

  • Central Air
  • No Heating
  • Above Ground Utilities

Listing and Financial Details

  • Legal Lot and Block 27-31 / D
  • Assessor Parcel Number 02240705200000
  • 2% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Murray Place Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,763

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Building Area Total: 7209.00
  • Restrictions: City Restrictions
  • Unit Mix: See Remarks
  • Year Built: 1941
  • Directions: North of Lamar from Downtown, right on North Loop blvd, property on the right
  • Estimated Taxes: 20292.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Chain Link, Fenced, See Remarks
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 7209.00
  • Property Panorama: No
  • Special Listing Conditions: See Remarks
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Laundry Location: Common Area
  • View: See Remarks
  • Accessibility Features: None
  • Appliances: Cooktop
  • 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: Yes
  • Waterfront Features: None

Garage/Parking

  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Utilities: Above Ground
  • Heating: None
  • Meter Description: See Remarks
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air

Association/Amenities

  • Association: No
  • Community Features: See Remarks

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Ridgetop
  • Middle School: Lamar (Austin ISD)
  • High School: McCallum
  • Elementary School: Ridgetop
  • High School: McCallum
  • Middle/Junior School: Lamar (Austin ISD)

Lot Info

  • Lot Features: Corner Lot, Trees-Medium (20 Ft - 40 Ft), See Remarks
  • Parcel Number: 02240705200000
  • Lot Size Acres: 0.3090
  • Lot Size Sq Ft: 13473.00
  • Subdivision Name: Murray Place

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 4075.00
  • Pets Allowed: No

Building Info

  • Construction Materials: See Remarks

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Block: D
  • Tax Filled Sqft Total: 7209
  • Tax Lot: 27-31
  • Tax Rate: 2.23014000000000
  • Tax Year: 2017
  • Tax Annual Amount: 19763.00
  • Tax Exemptions: See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2017
Closed on
Feb 15, 2018
Sold by
Flex Realty Lp
Bought by
Wang Xiaodong and Wang Yan
Seller's Agent
Brett Silverman
Christie's Int'l Real Estate
Buyer's Agent
Cen Chen
All Side Realty
List Price
$1,175,000
Current Estimated Value
$1,687,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.59%
Original Mortgage
$712,500
Outstanding Balance
$606,191
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,431,676

Purchase Details

Closed on
Jul 30, 2002
Sold by
Flex Realty Lp
Bought by
Flex Realty Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000
Interest Rate
6.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 31, 2001
Sold by
Hollis Renee and Meute Rita
Bought by
Lee Ming Chou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.73%
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 Buyer Sale Price Title Company
Wang Xiaodong -- Independence Title Co
Flex Realty Lp -- None Available
Flex Realty Llc -- Commonwealth Land Title
Lee Ming Chou -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Xiaodong $712,500
Previous Owner Flex Realty Lp $455,000
Previous Owner Flex Realty Llc $185,500
Previous Owner Flex Realty Lp $1,000
Previous Owner Lee Ming Chou $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2018 02/20/18 Sold -- -- --
12/17/2017 12/17/17 Pending -- -- --
11/28/2017 11/28/17 Rented $2,600 +2.0% --
11/18/2017 11/18/17 Price Changed $2,550 0.0% $1 / Sq Ft
11/17/2017 11/17/17 For Sale $1,175,000 0.0% $163 / Sq Ft
10/27/2017 10/27/17 For Rent $2,900 -14.7% --
06/01/2016 06/01/16 Rented $3,400 0.0% --
05/10/2016 05/10/16 Under Contract -- -- --
03/01/2016 03/01/16 For Rent $3,400 -- --
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 $33,621 $1,452,325 $473,673 $978,652
2023 $30,793 $1,701,989 $526,500 $1,175,489
2022 $24,762 $1,253,804 $526,500 $727,304
2021 $24,951 $1,146,279 $321,750 $824,529
2020 $20,376 $950,000 $321,750 $628,250
2018 $21,112 $953,584 $321,750 $631,834
2017 $20,292 $909,890 $280,800 $629,090
2016 $19,763 $886,175 $315,900 $570,275
2015 $17,565 $854,669 $263,250 $591,419
2014 $17,565 $738,084 $263,250 $474,834
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 5317661

Unlock MLS (Austin Board of REALTORS®)

APN: 223259