NOT LISTED FOR SALE
15 Beds
6 Baths
4,138 Sq Ft
8,276 Sq Ft Lot

Last Sold July 18, 2019

Last sale price $462,000 $112 Per Sq Ft

12 Days on Market

Highlights

  • 0.19 Acre Lot
  • Enclosed Balcony
  • Enclosed Patio or Porch
  • Lower Floor Utility Room
  • 4 Car Detached Garage
  • Heating System Uses Steam

About This Home

As of July 2019

You will love this big beautiful brick building. Great opportunity to acquire a well maintained brick 4 unit with 2 garden units for extra income in the hot northwest Austin market. Nice recent updates: New Weil-McClain boiler in 2013; new hot water heater in 2018; roof work completed in 2009. The buyer of this well managed and well maintained building will have great cash flow from day one. Multiple Offers Received. Best and Final due Wednesday (4/17) at 5pm.

Last Agent to Sell the Property

Joseph Root

Root Realty, Inc. License #475143789 Listed on: 04/08/2019

Co-Listed By

Clif Wilson

Root Realty, Inc. License #471021178

Last Buyer's Agent

Huaying Jin

Concentric Realty Inc. License #475180492

Concentric Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,872

Year Built

  • Built in 1920

Lot Details

  • 8,276

Parking

  • 4 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 15 Potential Bedrooms
  • 6 Bathrooms

Finished Basement

  • English Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Enclosed Balcony
  • Enclosed Patio or Porch

Utilities

  • Radiator
  • Heating System Uses Steam
  • Lake Michigan Water

Additional Features

  • Lower Floor Utility Room
  • 8,276 Sq Ft Lot

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $687
  • Fuel Expense $3,181
  • Insurance Expense $3,714
  • Maintenance Expense $4,500
  • Water Sewer Expense $1,101
  • Gross Income $66,600
  • Net Operating Income $49,945

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,872

Year Built

Built in 1920

Lot Details

8,276 Sq Ft Lot

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, English
  • Total Bathrooms: 6
  • Total Bedrooms: 15
  • Room Type: Enclosed Balcony, Enclosed Porch, Utility Room-Lower Level
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Hardwood Floors
  • AppliancesAndFeatures: Stove,Refrigerator,Hardwood Floors

Exterior Features

  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 4
  • ParkingTotal: 4
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Steam, Radiator(s)
  • Water Source: Lake Michigan

Fee Information

  • Water Sewer Expenses: 1101
  • Trash Expense Year: 2018

Lot Info

  • Lot Size Acres: 0.19
  • Lot Dimensions: 8450
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Other

Multi Family

  • Net Operating Income: 49945
  • Fuel Expense: 3181
  • Insurance Expense: 3714
  • ElectricExpense: 687
  • GrossIncome: 66600
  • Maintenance Expense: 4500
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 2872.03
  • Tax Year: 2017
  • Tax Exemptions: Homeowner
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2019 07/18/19 Sold $462,000 +2.7% $112 / Sq Ft
04/20/2019 04/20/19 Pending -- -- --
04/08/2019 04/08/19 For Sale $449,900 -- $109 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $6,693 $43,287 $10,140 $33,147
2024 $6,693 $43,287 $10,140 $33,147
2023 $6,524 $31,722 $8,028 $23,694
2022 $6,524 $31,722 $8,028 $23,694
2021 $6,379 $31,721 $8,027 $23,694
2020 $4,786 $21,482 $7,182 $14,300
2019 $4,216 $24,412 $7,182 $17,230
2018 $4,144 $24,412 $7,182 $17,230
2017 $2,872 $16,717 $6,337 $10,380
2016 $2,848 $16,717 $6,337 $10,380
2015 $2,583 $16,717 $6,337 $10,380
2014 $3,203 $19,833 $5,915 $13,918
2013 $3,129 $19,833 $5,915 $13,918
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10335690

Midwest Real Estate Data (MRED)

APN: 16091020240000

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