NOT LISTED FOR SALE

Estimated Value: $1,034,225 - $1,194,000

-- Bed
4 Baths
2,800 Sq Ft
$398/Sq Ft Est. Value

Last Sold July 06, 2018

Current estimated payment $7,959/month

9 Days on Market

Highlights

  • Gated Community
  • Wooded Lot
  • Walk-In Closet
  • Ridgetop Elementary School Rated A
  • Skylights
  • 1-Story Property

About This Home

As of July 2018

Fully leased fourplex with two 2/1 & two 1/1 units. Well maintained property featuring stackable washer/dryer combos, new flooring (no carpet) & paint, granite tile counters & vaulted ceilings. No vacancy history and market rent estimated at $5,000/Mo. These fourplexes seldom come to the MLS and could be an excellent owner occupy or income/investment opportunity. Exceptional location–short walking distance to UT intramural fields, UT shuttle stop, and retail/restaurants. Viewing with accepted offer only.

Last Agent to Sell the Property

John Prell

Creekview Realty License #0493630 Listed on: 05/23/2018

Last Buyer's Agent

Brittany Maxwell

Compass RE Texas, LLC License #0642957

Compass RE Texas, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,535

Year Built

  • Built in 1965

Lot Details

  • 10,335 Sq Ft Lot
  • Wood Fence
  • Wooded Lot

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof
  • Masonry Siding
  • HardiePlank Type

Interior Spaces

  • Walk-In Closet
  • 2,800 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Smart Thermostat

Kitchen

  • Oven
  • Free-Standing Range
  • Dishwasher

Flooring

  • Linoleum
  • Laminate

Laundry

  • Laundry in multiple locations
  • Stacked Washer and Dryer

Accessible Home Design

  • No Carpet

Schools

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

Utilities

  • Central Heating and Cooling System
  • Shared Gas Meter
  • Shared Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Down Payment Assistance Available
  • Tax Lot 10
  • Assessor Parcel Number 02240702280000
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, landscaping, parking, trash
  • 4 Units
  • Villas On 51St St Association
  • Edgefield Add Subdivision
  • Mandatory home owners association

Amenities

  • Common Area
  • Community Mailbox

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,535

Year Built

Built in 1965

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Building Area Total: 2800.00
  • Restrictions: None
  • Unit Mix: 1/1, 2/1
  • Year Built: 1965
  • Directions: Take 51st Street West from I-35 and then North on Guadalupe. From Mopac/Loop 1 take the 45th Street exit East to Guadalupe and follow North to 51st Street. Located at the corner of 51st Street and Guadalupe.
  • Disclosures: Lead Base Paint Addendum
  • Estimated Taxes: 8534.00
  • FEMA Flood Plain: No
  • Fencing: Fenced, Wood
  • Guest Accommodation Description: None
  • Levels: One
  • Living Area: 2800.00
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Smart Thermostat, Walk-In Closet(s)
  • Laundry Location: Multiple Locations
  • View: None
  • Flooring: Laminate, Linoleum, No Carpet
  • Accessibility Features: None
  • Appliances: Dishwasher, Oven, Free-Standing Range, Refrigerator, Washer/Dryer Stacked, Water Heater-Gas
  • Property Condition: Resale, See Remarks
  • Security Features: None
  • Spa Features: None
  • Window Features: Skylight

Exterior Features

  • Exterior Features: None
  • Roof: Asphalt
  • 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
  • Meter Description: Gas Common, Water Common
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Landscaping, Parking, Trash
  • Association Fee Frequency: Monthly
  • Association Fee: 350.00

Association/Amenities

  • Management Company: Pioneer Real Estate
  • Association Name: Villas on 51st St
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Cluster Mailbox, Common Grounds, Gated

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: Curbs, Trees-Medium (20 Ft - 40 Ft)
  • Special Assessment: No
  • Parcel Number: 02240702280000
  • Lot Size Acres: 0.2370
  • Lot Size Sq Ft: 10335.00
  • Subdivision Name: Edgefield Add

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 4745.00
  • Pets Allowed: No

Building Info

  • Construction Materials: Brick Veneer, Masonry – Partial, HardiPlank Type

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Filled Sqft Total: 2800
  • Tax Lot: 10
  • Tax Rate: 2.21399000000000
  • Tax Year: 2017
  • Tax Annual Amount: 8535.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2018
Closed on
Jun 6, 2018
Sold by
Helmers Brian and Helmers Lori
Bought by
Butterscotch Homes Llc
Seller's Agent
John Prell
Creekview Realty
Buyer's Agent
Brittany Maxwell
Compass RE Texas, LLC
List Price
$669,500
Current Estimated Value
$1,114,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%
Original Mortgage
$536,000
Outstanding Balance
$465,551
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$648,562

Purchase Details

Closed on
Mar 5, 2013
Sold by
Yadlapati Uma and Yadlapati Lakshmi
Bought by
Helmers Brian and Helmers Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2011
Sold by
Ito Yoriko and Riffault Xavier
Bought by
Yadlapati Uma and Yadlapati Lakshmi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2008
Sold by
Ito Yoriko and Riffault Xavier
Bought by
Ito Yoriko and Riffault Xavier

Purchase Details

Closed on
Jun 29, 2007
Sold by
Quest Villa Ltd
Bought by
Ito Yoriko and Riffault Xavier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,550
Interest Rate
6.37%
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
Butterscotch Homes Llc -- Chicago Title
Helmers Brian -- None Available
Yadlapati Uma -- Chicago Title Insurance Comp
Ito Yoriko -- Texas American Title Company
Ito Yoriko -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butterscotch Homes Llc $536,000
Previous Owner Helmers Brian $420,000
Previous Owner Helmers Brian $309,000
Previous Owner Yadlapati Uma $195,000
Previous Owner Ito Yoriko $266,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2018 07/06/18 Sold -- -- --
06/01/2018 06/01/18 Pending -- -- --
05/23/2018 05/23/18 For Sale $669,500 -- $239 / 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 $18,459 $707,091 $445,709 $261,382
2023 $18,459 $971,549 $496,800 $474,749
2022 $17,260 $873,964 $496,800 $377,164
2021 $14,541 $668,033 $303,600 $364,433
2020 $12,268 $571,954 $303,600 $268,354
2018 $11,158 $504,000 $303,600 $200,400
2017 $8,597 $385,492 $264,960 $120,532
2016 $10,841 $486,110 $298,080 $188,030
2015 $10,866 $489,896 $248,400 $241,496
2014 $10,866 $456,576 $303,750 $152,826
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 9896210

Unlock MLS (Austin Board of REALTORS®)

APN: 223210