NOT LISTED FOR SALE

Estimated Value: $571,707 - $690,000

-- Bed
4 Baths
3,294 Sq Ft
$192/Sq Ft Est. Value

Last Sold July 17, 2020

Current estimated payment $4,215/month

111 Days on Market

Highlights

  • 0.33 Acre Lot
  • No HOA
  • Central Heating and Cooling System
  • Wooded Lot
  • Living Room
  • Fenced

About This Home

As of July 2020

Great investment property w/positive cash flow! This four-plex is 100% occupied, so no showings until accepted offer is made.

Last Agent to Sell the Property

Jason Randall

Spyglass Realty License #0586334 Listed on: 02/25/2020

Spyglass Realty

Last Buyer's Agent

Jason Randall

Spyglass Realty License #0586334 Listed on: 02/25/2020

Spyglass Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,641

Year Built

  • Built in 1985

Lot Details

  • 0.33 Acre Lot
  • Fenced
  • Wooded Lot

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,294 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Carpet
  • Dishwasher

Schools

  • Jordan Elementary School
  • Dobie Middle School
  • Lyndon B Johnson High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Down Payment Assistance Available
  • Legal Lot and Block 29 / A
  • Assessor Parcel Number 02173803290000
  • 2% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Colony Meadows Sec 02 Subdivision

Amenities

  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,641

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Building Area Total: 3294.00
  • Restrictions: None
  • Unit Mix: See Remarks
  • Year Built: 1985
  • Directions: Off of Decker Ln.
  • Disclosures: See Remarks
  • Estimated Taxes: 5841.00
  • FEMA Flood Plain: No
  • Fencing: Fenced, See Remarks
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 3294.00
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Laundry Location: None
  • View: None
  • Flooring: Carpet
  • Accessibility Features: None
  • Appliances: Dishwasher
  • Property Condition: Resale, See Remarks
  • Security Features: None
  • 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

  • Parking Features: None

Utilities

  • Sewer: Public Sewer, See Remarks
  • Utilities: See Remarks
  • Heating: Central
  • Meter Description: See Remarks
  • Water Source: Public
  • Cooling: Central Air

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Jordan
  • Middle School: Dobie (Austin ISD)
  • High School: Lyndon B Johnson (Austin ISD)
  • Elementary School: Jordan
  • High School: Lyndon B Johnson (Austin ISD)
  • Middle/Junior School: Dobie (Austin ISD)

Lot Info

  • Lot Features: Trees-Medium (20 Ft - 40 Ft), See Remarks
  • Parcel Number: 02173803290000
  • Lot Size Acres: 0.3250
  • Lot Size Sq Ft: 14157.00
  • Subdivision Name: Colony Meadows Sec 02

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 4175.00
  • Pets Allowed: No

Building Info

  • Construction Materials: See Remarks

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Block: A
  • Tax Filled Sqft Total: 3294
  • Tax Lot: 29
  • Tax Rate: 2.14486000000000
  • Tax Year: 2019
  • Tax Annual Amount: 5641.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2020
Closed on
Jul 16, 2020
Sold by
Monteith Kevin and Monteith Kathi
Bought by
Lin Yiqun
Seller's Agent
Jason Randall
Spyglass Realty
Buyer's Agent
Jason Randall
Spyglass Realty
List Price
$449,900
Current Estimated Value
$630,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%
Original Mortgage
$337,500
Outstanding Balance
$301,143
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$329,711

Purchase Details

Closed on
Mar 10, 2010
Sold by
Stalwart Properties Llc
Bought by
Monteith Kevin and Monteith Kathi

Purchase Details

Closed on
Nov 13, 2006
Sold by
Monteith Kevin and Monteith Kathi
Bought by
Stalwart Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.26%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 31, 2002
Sold by
Hud
Bought by
Monteith Kevin and Monteith Kathi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
5.44%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 8, 2000
Sold by
Daniels Melvita
Bought by
Bailey Eric G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,137
Interest Rate
7.72%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 30, 1999
Sold by
Vondallwitz Vondallwitz Johann Guenther Wolf Johann Guenther
Bought by
Daniels Melvita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,700
Interest Rate
7.76%
Mortgage Type
Purchase Money Mortgage
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
Lin Yiqun -- Austin Title Company
Monteith Kevin -- None Available
Stalwart Properties Llc -- None Available
Monteith Kevin -- First American Title
Bailey Eric G -- Alamo Title Company
Daniels Melvita -- Alamo Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Yiqun $337,500
Previous Owner Monteith Kevin $138,600
Previous Owner Stalwart Properties Llc $185,000
Previous Owner Monteith Kevin $138,200
Previous Owner Monteith Kevin $27,000
Previous Owner Monteith Kevin $108,000
Previous Owner Bailey Eric G $159,137
Previous Owner Daniels Melvita $92,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2020 07/17/20 Sold -- -- --
06/15/2020 06/15/20 Pending -- -- --
04/22/2020 04/22/20 Price Changed $525,000 +16.7% $159 / Sq Ft
04/03/2020 04/03/20 For Sale $449,900 0.0% $137 / Sq Ft
03/31/2020 03/31/20 For Sale $449,900 0.0% $137 / Sq Ft
03/25/2020 03/25/20 Off Market -- -- --
03/08/2020 03/08/20 Pending -- -- --
03/02/2020 03/02/20 For Sale $449,900 0.0% $137 / Sq Ft
02/26/2020 02/26/20 Pending -- -- --
02/25/2020 02/25/20 For Sale $449,900 -- $137 / 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 $9,408 $554,911 $83,629 $471,282
2023 $9,408 $503,062 $75,000 $428,062
2022 $8,977 $454,561 $75,000 $379,561
2021 $9,842 $452,172 $25,000 $427,172
2020 $5,641 $263,000 $25,000 $238,000
2019 $5,982 $263,000 $25,000 $238,000
2018 $5,277 $238,350 $25,000 $213,350
2017 $4,191 $179,067 $25,000 $154,067
2016 $4,191 $187,925 $25,000 $162,925
2015 $3,152 $173,254 $25,000 $148,254
2014 $3,152 $132,466 $25,000 $107,466
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 9459378

Unlock MLS (Austin Board of REALTORS®)

APN: 499812