NOT LISTED FOR SALE

702 Claremont Pkwy Marble Falls, TX 78654

Estimated Value: $369,039 - $490,000

6 Beds
4 Baths
2,736 Sq Ft
$163/Sq Ft Est. Value

Last Sold December 16, 2021

Current estimated payment $3,068/month

30 Days on Market

Highlights

  • Walk-In Closet
  • Central Heating and Cooling System
  • 2 Car Garage
  • Ceramic Tile Flooring
  • Ceiling Fan
  • High Speed Internet

About This Home

As of December 2021

Great opportunity to own an income producing property in the booming town of Marble Falls! Located near shopping and schools, this 2736 square foot duplex offers 3 bedrooms, 2.5 baths, and a 1 car garage for each unit. Plenty of parking for mid size cards. Lots of storage through out home. Master is a good size with bathroom. Excellent rental potential. Current rents at $3000 per month. Current market is support $1600 per side. Improvements in 2013 include new flooring in both units, many new appliances and roof, and a dividing privacy fence.

Last Agent to Sell the Property

Mitchell Kent

Mitchell Kent & Associates License #0596240 Listed on: 10/16/2021

Last Buyer's Agent

NON-MEMBER AGENT TEAM

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,196

Year Built

  • Built in 2007

Lot Details

  • 6,403 Sq Ft Lot
  • Wood Fence

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Masonry

Interior Spaces

  • Walk-In Closet
  • 2,736 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Laundry

  • Laundry on lower level
  • Washer and Electric Dryer Hookup

Schools

  • Marble Falls Elementary School
  • Marble Falls Middle School
  • Marble Falls High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units
  • Claremont Poa
  • Claremont Pkwy Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 69239

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,196

Year Built

Built in 2007

Lot Details

0

HOA Fees

$29 per month

Parking

2

Listing Details

  • Architectural Style: None
  • Directions: From Marble Falls take Highway 281N, turn on to Mormon Mill Road, then turn right on Claremont Parkway. Property is approximately three-quarters of the way down on the right.
  • Garage Yn: Yes
  • Unit Levels: Two
  • Lot Size Acres: 0.147
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex,Multi Family
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Building Stories: 2
  • Subdivision Name: Claremont Pkwy
  • Water Body Name: None
  • Year Built: 2007
  • Special Features: None
  • Stories: 2

Interior Features

  • Accessibility Features: None
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: All Bedrooms Up, Ceiling Fan(s), Walk-In Closet(s)
  • Living Area: 2736.0
  • Private Spa: No
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Type: Brick, HardiPlank Type, Masonry
  • Fencing: Wood
  • Foundation Details: Slab
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Property Condition: Resale
  • Roof: Composition, Shingle
  • View: None
  • View: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Electricity On Property: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Lower Level, In Unit
  • Sewer: Not Connected (at lot), Public Sewer
  • Utilities: Cable Available, Electricity Available, High Speed Internet Available, Trash Collection Public
  • Water Source: Not Connected (at lot), Multiple Meters, Public

Condo/Co-op/Association

  • Association Fee: 350.0
  • Association Fee Frequency: Annually
  • Association Name: Claremont POA
  • Association: Yes

Schools

  • Elementary School: Marble Falls Elementary
  • High School: Marble Falls High School
  • Junior High Dist: Marble Falls ISD
  • Middle Or Junior School: Marble Falls Middle School

Lot Info

  • Parcel #: 69239
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 6196.0
  • Tax Lot: 10
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2021
Closed on
Dec 15, 2021
Sold by
Cercone Gemma
Bought by
Downes Allison
Seller's Agent
Mitchell Kent
Mitchell Kent & Associates
Buyer's Agent
NON-MEMBER AGENT TEAM
Non Member Office
List Price
$449,900
Total Days on Market
30
Current Estimated Value
$446,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.72%

Purchase Details

Listed on
Apr 10, 2018
Closed on
May 14, 2018
Sold by
Virdell Andrew
Bought by
Cercone Gemma
Seller's Agent
Andrew Virdell
Landmasters Real Estate
Buyer's Agent
Mitchell Kent
Mitchell Kent & Associates
List Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.68%
Original Mortgage
$200,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 21, 2012
Closed on
Apr 27, 2012
Sold by
Acm Properties Lp
Bought by
Virdell Andrew
Seller's Agent
Danny Walker
Central Metro Realty
Buyer's Agent
Non Member
Non Member
List Price
$159,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.81%
Original Mortgage
$146,197
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 7, 2012
Sold by
Bombaro Austin J
Bought by
Acm Properties Lp 7 Worth Management Llc

Purchase Details

Closed on
Nov 24, 2006
Sold by
Investor Construction Inc
Bought by
Bombaro Austin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
6.13%

Purchase Details

Closed on
Nov 17, 2006
Sold by
Asc Marble Falls Ltd
Bought by
Investor Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
6.13%
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
Downes Allison -- None Available
Cercone Gemma $200,000 Highland Lakes Title
Virdell Andrew -- None Available
Acm Properties Lp 7 Worth Management Llc $119,394 None Available
Bombaro Austin -- None Avalible
Investor Construction Inc -- None Avalible
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cercone Gemma $198,225
Previous Owner Cercone Gemma $200,000
Previous Owner Virdell Andrew $146,197
Previous Owner Bombaro Austin $202,500
Previous Owner Investor Construction Inc $202,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2021 12/16/21 Sold -- -- --
11/16/2021 11/16/21 Pending -- -- --
10/16/2021 10/16/21 For Sale $449,900 +80.0% $164 / Sq Ft
05/15/2018 05/15/18 Sold -- -- --
04/15/2018 04/15/18 Pending -- -- --
04/10/2018 04/10/18 For Sale $250,000 +57.2% $91 / Sq Ft
04/27/2012 04/27/12 Sold -- -- --
03/02/2012 03/02/12 Pending -- -- --
02/21/2012 02/21/12 For Sale $159,000 -- $58 / Sq Ft
Source: Central Texas MLS (CTXMLS)

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
2024 $7,314 $404,804 $34,500 $370,304
2023 $7,314 $409,569 $34,500 $375,069
2022 $8,325 $413,518 $34,500 $379,018
2021 $6,196 $281,364 $34,500 $246,864
2020 $5,193 $234,331 $34,500 $199,831
2019 $5,534 $237,930 $34,500 $203,430
2018 $5,054 $237,012 $34,500 $202,512
2017 $3,874 $165,950 $24,150 $141,800
2016 $3,460 $148,245 $24,150 $124,095
2015 -- $148,295 $24,150 $124,145
2014 -- $148,295 $24,150 $124,145
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Texas MLS (CTXMLS)

MLS Number: 454550

Central Texas MLS (CTXMLS)

APN: 69239