NOT LISTED FOR SALE

Estimated Value: $1,450,431 - $1,794,000

-- Bed
6 Baths
3,861 Sq Ft
$420/Sq Ft Est. Value

Last Sold January 01, 2020

Current estimated payment $11,139/month

15 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Central Heating and Cooling System
  • Lamar Middle School Rated A-
  • Laundry in multiple locations
  • Ceiling Fan

About This Home

As of January 2020

Great Investment opportunity! Three units blocks from the UT shuttle. Each unit has three bedrooms, one of which is a master large enough to share. second bathroom has double vanity. Each unit comes with a 1 car garage and there is plenty of street parking. The kitchen has stainless steel appliances, deck/balcony. In very good condition and always rented.

Last Agent to Sell the Property

Tony Lazarov

Respace LLC License #0459968 Listed on: 10/31/2019

Last Buyer's Agent

Michelle Adams

AIR Property Group License #0565976

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,738

Year Built

  • Built in 2006

Lot Details

  • 8,364 Sq Ft Lot
  • Wood Fence
  • Drip System Landscaping

Parking

  • 3 Covered Spaces

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3,861 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Laundry

  • Laundry in multiple locations
  • Dryer

Home Security

  • Security System Leased
  • Fire and Smoke Detector

Schools

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

Utilities

  • Central Heating and Cooling System
  • Separate Meters

Community Details

  • No Home Owners Association
  • 3 Units
  • Northfield Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02260706030000
  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,738

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Building Area Total: 3861.00
  • Restrictions: None
  • Unit Mix: 3/2
  • Year Built: 2006
  • Directions: From UT take Guadalupe to North Lamar. Right on Nelray
  • Estimated Taxes: 11774.44
  • FEMA Flood Plain: No
  • Fencing: Fenced, Wood
  • Guest Accommodation Description: None
  • Home Sale Contingency: Yes
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 3861.00
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Title: Seller
  • Special Features: None

Interior Features

  • Interior Amenities: Pantry
  • Laundry Location: Multiple Locations
  • View: None
  • Flooring: Carpet, Tile
  • Accessibility Features: None
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Free-Standing Range, Refrigerator
  • Property Condition: Resale, See Remarks
  • Security Features: Security System Leased, Smoke Detector(s)
  • Spa Features: None

Exterior Features

  • Exterior Features: None
  • Roof: Composition
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • View: No
  • Waterfront Features: None

Garage/Parking

  • Total Covered Spaces: 3.00
  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available
  • Heating: Central
  • Meter Description: Electric Separate, Gas Separate
  • 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: Sprinkler - Drip Only/Bubblers
  • Parcel Number: 02260706030000
  • Lot Size Acres: 0.1920
  • Lot Size Sq Ft: 8363.52
  • Subdivision Name: Northfield Add

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 6814.00
  • Pets Allowed: No

Building Info

  • Construction Materials: Frame

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Filled Sqft Total: 3861
  • Tax Rate: 2.31690000000000
  • Tax Year: 2011
  • Tax Annual Amount: 10738.46
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2019
Closed on
Jan 14, 2020
Sold by
Kwok Wilham Ming Yi and Suhalm Caroline
Bought by
Austm Nelray Llc
Seller's Agent
Tony Lazarov
Respace LLC
Buyer's Agent
Michelle Adams
AIR Property Group
List Price
$1,100,000
Current Estimated Value
$1,622,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%

Purchase Details

Listed on
Oct 31, 2019
Closed on
Nov 26, 2019
Sold by
Williams James
Bought by
Yi Kwok William Ming and Suhalim Caroline
Seller's Agent
Tony Lazarov
Respace LLC
Buyer's Agent
Michelle Adams
AIR Property Group
List Price
$1,100,000

Purchase Details

Listed on
Mar 4, 2016
Closed on
May 24, 2016
Sold by
Mcpherson O Dale
Bought by
Williams James
Seller's Agent
William Bitner
Joe Bitner Broker LLC
Buyer's Agent
Tony Lazarov
Uptown Realty LLC
List Price
$875,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.20%
Original Mortgage
$645,300
Interest Rate
3.58%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 22, 2012
Closed on
May 9, 2012
Sold by
Lee Raymond and Orth Angela
Bought by
Mcpherson O Dale
Seller's Agent
Rachel Hoffman
Epique Realty LLC
Buyer's Agent
William Bitner
Joe Bitner Broker LLC
List Price
$725,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.88%
Original Mortgage
$488,250
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 8, 2005
Sold by
Lee Robert and Lee Emily
Bought by
Lee Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,500
Interest Rate
5.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 26, 2004
Sold by
Caplan Jules
Bought by
Lee Robert and Lee Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.67%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 19, 2003
Sold by
Mohobi Kani Mehrdad
Bought by
Caplan Jules

Purchase Details

Closed on
Jun 3, 2002
Sold by
Happe Monica R
Bought by
Mohebi Kani Mehrdad
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
Austm Nelray Llc -- Itc
Yi Kwok William Ming -- Independence Title Company
Williams James -- Attorney
Mcpherson O Dale -- Nat
Lee Raymond -- North American Title
Lee Robert -- Gracy Title Co
Caplan Jules -- Gracy Title Company
Mohebi Kani Mehrdad -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams James $645,300
Previous Owner Mcpherson O Dale $488,250
Previous Owner Lee Raymond S $507,000
Previous Owner Lee Raymond $495,000
Previous Owner Lee Raymond $402,500
Previous Owner Lee Robert $528,000
Previous Owner Lee Robert $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/01/2020 01/01/20 Sold -- -- --
11/15/2019 11/15/19 Pending -- -- --
10/31/2019 10/31/19 For Sale $1,100,000 +25.7% $285 / Sq Ft
05/24/2016 05/24/16 Sold -- -- --
03/26/2016 03/26/16 Pending -- -- --
03/04/2016 03/04/16 For Sale $875,000 +20.7% $227 / Sq Ft
05/09/2012 05/09/12 Sold -- -- --
03/04/2012 03/04/12 Pending -- -- --
02/22/2012 02/22/12 For Sale $725,000 -- $188 / 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 $27,595 $1,158,671 $447,124 $711,547
2023 $27,595 $1,422,983 $495,000 $927,983
2022 $21,733 $1,100,432 $495,000 $605,432
2021 $22,079 $1,014,360 $302,500 $711,860
2020 $15,297 $713,200 $302,500 $410,700
2018 $19,450 $878,500 $302,500 $576,000
2017 $11,543 $517,570 $264,000 $253,570
2016 $14,467 $648,690 $270,000 $378,690
2015 $15,662 $685,780 $225,000 $460,780
2014 $15,662 $658,125 $225,000 $433,125
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2371439

Unlock MLS (Austin Board of REALTORS®)

APN: 226604