NOT LISTED FOR SALE

Estimated Value: $2,923,555

0.73 Acre
$4,004,870 Price per Acre
31,799 Sq Ft Lot

Last Sold February 25, 2016

Current estimated payment $19,083/month

52 Days on Market

About This Lot

As of February 2016

Possibilities abound! Eastside urban oasis zoned CS-MU-CO-NP. Existing structures are a 1160 sqft main house, 420 sqft studio + two green houses totaling 3000 sqft. Unparalleled mature landscaping highlighted by massive bamboo clusters and a vast array of agave along with pines, cycads and sycamores complete with irrigation well. Current tenant use is creative/office. DO NOT DISTURB TENANTS! SHOWN BY APPOINTMENT ONLY!

Last Agent to Sell the Property

Wyc Cummings

The Marye Company License #0506883 Listed on: 11/20/2015

Last Buyer's Agent

Non Member

Non Member License #785011

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $37,845

Year Built

  • 1924

Lot Details

Home Design

  • 1,580 Sq Ft Home
  • Mixed Use
  • Slab Foundation
  • Asphalt Shingled Roof
  • Pier And Beam

Flooring

  • Wood
  • Concrete

Utilities

  • Central Heating
  • Heating System Mounted To A Wall or Window
  • Electricity To Lot Line
  • Well
  • Sewer in Street

Community Details

  • Association Phone (512) 633-9153

Listing and Financial Details

  • 2% Total Tax Rate

Property Details

Property Type

Land

Est. Annual Taxes

$37,845

Year Built

1924

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Sub Type: Site-Mixed Use
  • Access Instructions: Alarm On Premises
  • AC Paid By: Tenant
  • Building Area Total: 1580
  • Project Name: Utility Research Garden
  • Restrictions: Yes
  • Year Built Exception: Approximate
  • Restrictions Type: Zoning
  • Ratio Close Price By List Price: 1.02006
  • Ratio Close Price By Original Li: 1.02006
  • Ratio Current Price By Lot Size: 2177899.05
  • Special Features: None
  • Year Built: 1924

Interior Features

  • Flooring: Concrete, Wood
  • Condition: As-Is
  • Heat Paid By: Tenant
  • Ceiling Height: Unknown
  • Land Description: Corner Lot, Improvements-See Agent, Outbuildings, Topo-Level Terrain, Xeriscape
  • Management Company: owner
  • Num Parking Spaces: 5
  • Region: Austin - East

Exterior Features

  • Roof: Asphalt Shingles
  • Construction: See Agent
  • Foundation: Pier & Beam, Slab

Garage/Parking

  • Parking: On-Site Parking, See Agent
  • Parking Ratio: 1

Utilities

  • Cooling: Central Air, Window Unit
  • Sewer: City At Street, City On Property
  • Utilities: Electricity On Property, Natural Gas On Property
  • Heating: Central Heat, Wall Unit
  • Sewer Paid By: Tenant
  • Water Paid By: Tenant
  • Water Source: City On Property, Well On Property

Condo/Co-op/Association

  • Management Co Rep: owner

Schools

  • Intermediary: Yes

Lot Info

  • Endangered Species: Unknown
  • Land Area Measurement: 0.73300000000000
  • Land Area Type: Acreage
  • Lot Size Area: 0.733
  • Tot Apx Sqft Land Desc: Owner
  • Zoning: cs-mu

Multi Family

  • Management Co Phone: 512-633-9153
  • Occupancy Pct: 100

Tax Info

  • Tax Rate: 2.37980000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2015
Closed on
Feb 25, 2016
Sold by
Cater David and Cater David William
Bought by
Flashbank Properties Llc
Seller's Agent
Wyc Cummings
The Marye Company
Buyer's Agent
Non Member
Non Member
List Price
$1,565,000
Current Estimated Value
$2,923,555

Purchase Details

Closed on
May 25, 2007
Sold by
Cater Patricia Verhalen
Bought by
Cater David and Cater David William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,600
Interest Rate
6.15%
Mortgage Type
Commercial
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
Flashbank Properties Llc -- Heritage Title
Cater David -- North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cater David $265,600
Previous Owner Cater David $33,200
Previous Owner Cater David $84,049
Previous Owner Cater Patricia Verhalen $84,049
Previous Owner Cater David $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2016 02/25/16 Sold -- -- --
01/11/2016 01/11/16 Pending -- -- --
11/20/2015 11/20/15 For Sale $1,565,000 -- $991 / 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 $37,845 $1,909,625 $1,756,810 $152,815
2023 $35,586 $1,966,914 $1,756,810 $210,104
2022 $38,518 $1,950,346 $1,756,810 $193,536
2021 $45,596 $2,094,761 $1,756,810 $337,951
2020 $44,997 $2,097,902 $1,756,810 $341,092
2018 $32,022 $1,446,334 $1,117,970 $328,364
2017 $30,485 $1,366,937 $1,117,970 $248,967
2016 $10,740 $481,583 $638,840 $292,359
2015 $4,465 $625,295 $383,154 $242,141
2014 $4,465 $205,605 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 3153168

Unlock MLS (Austin Board of REALTORS®)

APN: 189837