NOT LISTED FOR SALE

Estimated Value: $722,000 - $723,463

-- Bed
2 Baths
2,555 Sq Ft
$283/Sq Ft Est. Value

Last Sold December 08, 2022

Current estimated payment $5,328/month

70 Days on Market

Highlights

  • Mature Trees
  • Deck
  • Wood Flooring
  • Lamar Middle School Rated A-
  • Vaulted Ceiling
  • No HOA

About This Home

As of December 2022

LOCATION! LOCATION! Rare TRIPLEX income property just north of Downtown/UT. Located off of Lamar between Koenig and 51st street. Close to Central Market and the Triangle. Charming original home (unit A) is a 2/1 with original wood floors. Open kitchen. Quaint porch. Unit B is a 2/2 with vaulted ceilings, built ins, large eat in kitchen, stainless counters, wood & tile floors, large master with private bath. Sliding glass doors to open decks. Occupants enjoy 2 courtyards and a large back deck. Utility room with washer and dryer located between front A unit and B unit. Unit C is a an efficiency above the 2 car garage. Property is perfect for 1031 exchange or an owner occupant who wants to be near downtown and enjoy the rental income from the other two units. Units B and C are vacant allowing for an owner occupant to choose which to live in OR new tenants at current market rents. Property is solid and needs updating. Bargain price takes into consideration fix up and seller would like to sell as-is. Owner says always been an EZ rental. A unit occupant been there for 11 years. Previous tenant 12 years. Ready for immediate move-in. Hurry... score a multi-family just north of downtown Austin. DO NOT DISBURB TENANT WITHOUT APPOINTMENT

Last Agent to Sell the Property

Kenn Renner

Renner Realty, Inc. License #0443781 Listed on: 09/19/2022

Last Buyer's Agent

Celia Luther

AustinRealEstate.com License #0738638

AustinRealEstate.com

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,684

Year Built

  • Built in 1954

Lot Details

  • Lot Dimensions are 50.00 x 160.00
  • North Facing Home
  • Wood Fence
  • Chain Link Fence
  • Level Lot
  • Mature Trees
  • Wooded Lot

Parking

  • 2 Car Garage

Home Design

  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Composition Roof
  • Metal Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • Double Vanity
  • 2,555 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bookcases
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Living Room
  • Storage
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Reilly Elementary School
  • Lamar Middle School
  • Mccallum High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Master Meter
  • Shared Gas Meter
  • Shared Water Meter

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number 02260706040000
  • 2% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • Northfield Addn Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,684

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Restrictions: City Restrictions
  • Unit Mix: 1/1, 2/1, 2/2
  • Year Built: 1954
  • Direction Faces: North
  • Directions: FROM KOENIG*S ON LAMAR*LEFT ON NELRAY
  • Disclosures: Lead Base Paint Addendum
  • Estimated Taxes: 20638.09
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Chain Link, Fenced, Wood
  • Garage Spaces: 2.00
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 2555.00
  • Other Equipment: None
  • Other Structures: Garage(s), None
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Interior Amenities: Bookcases, Breakfast Bar, Built-in Features, Ceiling Fan(s), Ceiling-High, Ceiling-Vaulted, Double Vanity
  • Laundry Location: Common Area
  • View: None
  • Flooring: Carpet, Tile, Wood
  • Accessibility Features: None
  • Appliances: Cooktop, Dishwasher, Microwave, Electric Oven, Range, Washer/Dryer
  • Property Condition: Resale
  • Security Features: None
  • Window Features: Double Pane Windows, Window Treatments

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Metal
  • Foundation: Pillar/Post/Pier
  • Patio And Porch Features: Covered, Deck, Porch
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2.00
  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available
  • Heating: Central, Natural Gas, Varies by Unit
  • Meter Description: Electric Common, Gas Common, Water Common
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air

Association/Amenities

  • Association: No
  • Community Features: None

Schools

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

Lot Info

  • Lot Features: Level, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft)
  • Lot Size: 50.00 X 160.00
  • Parcel Number: 02260706040000
  • Subdivision Name: NORTHFIELD ADDN

Rental Info

  • Total Actual Rent: 1600.00
  • Pets Allowed: No

Building Info

  • Construction Materials: Frame, Vinyl Siding, Wood Siding
  • New Construction: No

Tax Info

  • Tax Lot: 46
  • Tax Rate: 2.17670000000000
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2022
Closed on
Dec 8, 2022
Sold by
Beverly C Barnes Revocable Living Trust
Bought by
Neumann Ezekiel Ezra and Neumann Zenghong
Seller's Agent
Kenn Renner
Renner Realty, Inc.
Buyer's Agent
Celia Luther
AustinRealEstate.com
List Price
$850,000
Views
13
Current Estimated Value
$722,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.14%

Purchase Details

Closed on
Oct 8, 2015
Sold by
Barnes Beverly
Bought by
Barnes Beverly C and The Beverly C Barnes Revocable Living Tr

Purchase Details

Closed on
Sep 8, 2004
Sold by
Davis Barry J and Davis Rita
Bought by
Barnes Beverly

Purchase Details

Closed on
Sep 27, 2000
Sold by
Irwin James M and Irwin Kimberly A
Bought by
Davis Barry J and Davis Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 5, 1997
Sold by
Bond Michael R
Bought by
Irwin James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,050
Interest Rate
7.88%
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
Neumann Ezekiel Ezra -- --
Neumann Ezekiel Ezra -- --
Barnes Beverly C -- Attorney
Barnes Beverly C -- Attorney
Barnes Beverly -- Chicago Title Co
Barnes Beverly -- Chicago Title Co
Davis Barry J -- Austin Title Company
Davis Barry J -- Austin Title Company
Irwin James M -- --
Irwin James M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis Barry J $190,550
Previous Owner Davis Barry J $197,000
Previous Owner Davis Barry J $200,000
Previous Owner Irwin James M $75,624
Previous Owner Irwin James M $71,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2022 12/08/22 Sold -- -- --
11/28/2022 11/28/22 Pending -- -- --
11/09/2022 11/09/22 Price Changed $750,000 -6.1% $294 / Sq Ft
10/10/2022 10/10/22 Price Changed $799,000 -6.0% $313 / Sq Ft
09/19/2022 09/19/22 For Sale $850,000 -- $333 / 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 $16,684 $705,406 $449,183 $256,223
2023 $18,603 $1,028,207 $495,000 $533,207
2022 $16,609 $841,006 $495,000 $346,006
2021 $14,899 $684,479 $302,500 $381,979
2020 $12,550 $585,100 $302,500 $282,600
2018 $12,265 $554,000 $302,500 $251,500
2017 $8,809 $395,000 $264,000 $131,000
2016 $11,133 $499,205 $270,000 $229,205
2015 $7,323 $482,106 $225,000 $257,106
2014 $7,323 $307,705 $173,250 $134,455
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 6488416

Unlock MLS (Austin Board of REALTORS®)

APN: 226605