NOT LISTED FOR SALE

701 E Summit Dr Spicewood, TX 78669

Estimated Value: $1,203,000 - $1,278,468

4 Beds
4.5 Baths
4,412 Sq Ft
$281/Sq Ft Est. Value

Last Sold June 24, 2013

Current estimated payment $8,037/month

38 Days on Market

Highlights

  • Greenhouse
  • Panoramic View
  • Wood Flooring
  • Lake Travis Middle School Rated A
  • Family Room with Fireplace
  • High Ceiling

About This Home

As of June 2013

BOM due to Buyer financing. 1 Story Living with Gameroom & Workshops Down. Large Kitchen w/Granite Counters, Walk-in Pantry and Sub-Zero Frig Opens to Family Room. Complete Guest Quarters on Main Level with Separate Entrance, Full Kitchen,Living,Bedroom & Private Bath. Tile, Hardwood & Carpeted Floors throughout, High Ceilings. Large 30X25 Gameroom down w/New Carpet 1/11. In-ground Heated Pool & Hot Tub. Fenced Backyard. Sprinkler System & Greenhouse. 2

Last Agent to Sell the Property

Julian Drakeford

All City Real Estate Ltd. Co License #0594623 Listed on: 04/15/2013

All City Real Estate Ltd. Co

Last Buyer's Agent

Page McDaniel

JBGoodwin REALTORS LT License #0527080

JBGoodwin REALTORS LT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,736

Year Built

  • Built in 2001

Lot Details

  • Cul-De-Sac
  • Interior Lot
  • Back Yard

HOA Fees

  • $18 Monthly HOA Fees

Property Views

  • Lake
  • Panoramic
  • Hills

Home Design

  • House
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 4,412 Sq Ft Home
  • Wet Bar
  • High Ceiling
  • Window Treatments
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Workshop
  • Fire and Smoke Detector
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Walk-In Closet

Parking

  • Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Accessible Home Design

  • Wheelchair Access

Outdoor Features

  • Covered Patio or Porch
  • Greenhouse

Utilities

  • Central Heating
  • Electricity To Lot Line
  • Propane
  • On Site Septic

Community Details

Listing and Financial Details

  • Assessor Parcel Number 01549713190000
  • 2% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,736

Year Built

Built in 2001

Lot Details

0

HOA Fees

$18 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: House
  • Access Instructions: Key In Lockbox
  • G A Description: Connected, Main Level
  • Guest Accommodations: Yes
  • Restrictions: Yes
  • Total Sq Ft: 4412
  • Steps: Back Steps
  • Stories: 1
  • Year Built Exception: Resale
  • Restrictions Type: Building Style, Deed Restrictions
  • Year Built: 2001
  • Ratio Close Price By List Price: 0.96667
  • Ratio Close Price By Original Li: 0.96667
  • Ratio Close Price By Sq Ft: 98.59
  • Ratio Current Price By Lot Size: 567885.12
  • Ratio Current Price By Sq Ft: 98.59
  • Ratio List Price By Sq Ft: 101.99
  • Special Features: None
  • Year Built: 2001

Interior Features

  • Disability Features: No
  • Master Description: Double Vanity, Jetted Tub, Separate Shower, Sitting/Study Room, Walk-In Closet
  • Kitchen: Breakfast Area, Breakfast Bar, Center Island, Granite/Marble Counters, Open To Family Room
  • Main Level Bedrooms: 4
  • Interior Amenities: Ceiling-High, Fire Alarm System, Walk-In Closet, Wet Bar, Window Treatments
  • Laundry Location: Main Level, Utility/Laundry Room
  • Dining Description: Breakfast Area, Formal Dining Room
  • View: Hill Country, Lake/River, Panoramic
  • Laundry Facilities: Dryer Connection - Electric, Main Level, Utility/Laundry Room
  • Sprinkler System: Yes
  • Flooring: Carpet, Tile - Hard, Wood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Great Room
  • Kitchen Appliances: Bar Ice Maker, Built-In Oven(s), Dishwasher, Disposal, Refrigerator Sub-Zero Type
  • Master Main: Yes
  • Num Dining: 3
  • Fireplaces: 2
  • Num Guest Beds: 1
  • Guest Full Bathrooms: 1
  • Num Living: 3
  • Region: Northwest Travis Co.
  • Refrigerator: No

Exterior Features

  • Fence: Chain Link, Wrought Iron
  • Pool on Property: Yes
  • Trees: Medium (20 Ft - 40 Ft)
  • Waterfront: No
  • Exterior Features: Greenhouse, Patio-Covered, Private Backyard, Wheelchair Accessible, Workshop
  • Roof: Tile
  • Construction: Stucco
  • Water Access: Yes
  • Water Access Description: See Agent
  • Foundation: Slab
  • Pool Descron Prop: Heated, In-Ground Pool
  • Spa Hot Tub: Yes
  • Spa Hot Tub Description: In Ground

Garage/Parking

  • Garage Description: Attached, Door Opener, Entry-Front
  • Total Covered Spaces: 3
  • Parking Features: Attached, Door Opener, Entry-Front

Utilities

  • Cooling: Central Air
  • Sewer: Septic On Property
  • Utilities: Electricity On Property, Propane On Property
  • Heating: Central Heat, Electric
  • Water Source: City

Condo/Co-op/Association

  • HOA: Yes
  • HOA Fee Includes: Common Area Maintenance
  • Association Fee Frequency: Annually
  • Association Fee: 215
  • Community Web Site: www.briarclifftx.com
  • Hoa Name: Briarcliff POA
  • H O A Requirement: Mandatory
  • HOA Transfer Fee: 150

Schools

  • School District: Lake Travis ISD
  • School District: Lake Travis ISD
  • Elementary A: Bee Cave
  • Intermediary: Yes
  • Middle Intermediate School: Lake Travis
  • High School: Lake Travis

Lot Info

  • Fire Prevention: Automatic, In-Ground
  • Lot Features: Cul-De-Sac, Interior
  • Lot Size Area: 0.766
  • Parcel Number: 01549713190000
  • M A P S C O Grid: D
  • M A P S C O Page: 487

Tax Info

  • Actual Tax: 8077.58
  • Tax Filled Sqft Total: 4412
  • Tax Rate: 2.09780000000000
  • Tax Amount: 8077.58
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2013
Closed on
Jun 24, 2013
Sold by
Brown Jesse L and Brown Melissa
Bought by
Shelton Thomas V and Borbon Holly
Seller's Agent
Julian Drakeford
All City Real Estate Ltd. Co
Buyer's Agent
Page McDaniel
JBGoodwin REALTORS LT
List Price
$450,000
Current Estimated Value
$1,240,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.19%
Original Mortgage
$348,000
Outstanding Balance
$248,564
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$1,025,004

Purchase Details

Closed on
Sep 12, 2011
Sold by
Mcdaniel Sandra
Bought by
Brown Jesse L and Brown Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,291
Interest Rate
4.58%
Mortgage Type
VA

Purchase Details

Closed on
Oct 13, 2000
Sold by
Lott Brothers Custom Homes Inc
Bought by
Mcdaniel V E and Mcdaniel Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,775
Interest Rate
7.72%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 12, 2000
Sold by
American Liberty Oil Company
Bought by
Lott Brothers Custom Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
7.96%
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
Shelton Thomas V -- None Available
Brown Jesse L -- None Available
Mcdaniel V E -- Austin Title Company
Lott Brothers Custom Homes Inc -- Austin Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shelton Thomas V $348,000
Previous Owner Brown Jesse L $394,291
Previous Owner Mcdaniel V E $350,000
Previous Owner Mcdaniel V E $444,775
Previous Owner Mcdaniel V E $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2013 06/24/13 Sold -- -- --
05/23/2013 05/23/13 Pending -- -- --
04/26/2013 04/26/13 For Sale $450,000 0.0% $102 / Sq Ft
04/15/2013 04/15/13 Pending -- -- --
04/15/2013 04/15/13 For Sale $450,000 -- $102 / 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 $15,736 $1,109,819 -- --
2023 $14,505 $1,022,233 $0 $0
2022 $17,154 $924,315 $0 $0
2021 $15,436 $770,932 $70,200 $755,614
2020 $13,847 $677,369 $46,800 $630,569
2018 $13,789 $647,037 $46,800 $621,812
2017 $12,563 $581,034 $24,000 $561,386
2016 $12,429 $549,903 $24,000 $575,952
2015 $8,401 $506,490 $36,000 $529,968
2014 $8,401 $435,000 $36,000 $399,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 9590739

Unlock MLS (Austin Board of REALTORS®)

APN: 475129