NOT LISTED FOR SALE

Estimated Value: $383,000 - $623,000

4 Beds
2 Baths
1,520 Sq Ft
$308/Sq Ft Est. Value

Last Sold April 27, 2012

Current estimated payment $3,177/month

3 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Central Heating and Cooling System
  • Tile Flooring
  • Laundry in multiple locations
  • Ceiling Fan

About This Home

As of April 2012

Excellent short sale opportunity!!! Lender approval required. Turn-key investment with management in-place if requested at market rates (Avanta Management Group). Currently has both unit leased at $650/mo. Sold "as is" but is structurally sound. For cash offers, please provide a proof of funds; For conventional financing offers, please provide a pre-qualification letter. Restrictions: Unknown

Last Agent to Sell the Property

Andre Suissa

720 Real Estate Solutions License #0590656 Listed on: 01/13/2012

Last Buyer's Agent

Will Steakley

DEN Property Group License #0489102

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,673

Year Built

  • Built in 1983

Lot Details

  • 10,193 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,520 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Laundry in multiple locations

Kitchen

  • Oven
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Schools

  • Martin Middle School
  • Lyndon B Johnson High School

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • No Utilities

Community Details

  • No Home Owners Association
  • 2 Units
  • Colorado East One A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02021905410000
  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,673

Year Built

Built in 1983

Lot Details

10,193 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Building Area Total: 1520.00
  • Restrictions: None
  • Unit Mix: 2/1
  • Year Built: 1983
  • Directions: If you are on U.S. 183, exit Bolm. Rd. and go west, take first left on Gardner Rd., first right on Tracy Lynn Ln., house at the end of the cul-de-sac on the right. If on Airport, go east on Bolm Rd. and Gardner Rd. will be on your second right.
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 2673.49
  • FEMA Flood Plain: No
  • Fencing: None
  • Guest Accommodation Description: None
  • Levels: One
  • Living Area: 1520.00
  • Special Listing Conditions: SS Potential
  • Special Features: None

Interior Features

  • Laundry Location: Multiple Locations
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Accessibility Features: None
  • Appliances: Cooktop, Dishwasher, Disposal, Oven, Refrigerator
  • 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
  • Utilities: None
  • 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
  • High School: Lyndon B Johnson (Austin ISD)
  • Middle/Junior School: Martin

Lot Info

  • Lot Features: None
  • Parcel Number: 02021905410000
  • Lot Size Acres: 0.2340
  • Lot Size Sq Ft: 10193.04
  • Subdivision Name: Colorado East One-A

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 1300.00
  • Pets Allowed: No

Building Info

  • Construction Materials: Brick Veneer, Frame

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Filled Sqft Total: 1520
  • Tax Rate: 2.31690000000000
  • Tax Year: 2011
  • Tax Annual Amount: 2673.49
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2012
Closed on
Apr 25, 2012
Sold by
Arellanez Jesus and Arellanez Regina
Bought by
Hinojosa Venacio
Seller's Agent
Andre Suissa
720 Real Estate Solutions
Buyer's Agent
Will Steakley
DEN Property Group
List Price
$99,900
Current Estimated Value
$467,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.55%

Purchase Details

Listed on
Jan 13, 2012
Closed on
Apr 24, 2012
Sold by
Arellanez Family Llc
Bought by
Arellanez Jesus and Arellanez Regina
Seller's Agent
Andre Suissa
720 Real Estate Solutions
Buyer's Agent
Will Steakley
DEN Property Group
List Price
$99,900

Purchase Details

Closed on
Oct 7, 2008
Sold by
Arellanez Jesus and Arellanez Regina
Bought by
Arellanez Family Llc

Purchase Details

Closed on
Feb 14, 2007
Sold by
Blake Thomas T and Blake Jocquie S
Bought by
Arellanez Jesus and Arellanez Regina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,300
Interest Rate
1.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2006
Sold by
Buchanan Ian
Bought by
Blake Thomas T and Blake Jacquie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.33%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 9, 2005
Sold by
Sumner Detlef A A
Bought by
Buchanan Ian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,225
Interest Rate
8.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Hinojosa Venacio -- None Available
Arellanez Jesus -- None Available
Arellanez Family Llc -- None Available
Arellanez Jesus -- First American Title
Blake Thomas T -- None Available
Buchanan Ian -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arellanez Jesus $114,300
Previous Owner Blake Thomas T $100,000
Previous Owner Buchanan Ian $75,225
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2012 04/27/12 Sold -- -- --
01/16/2012 01/16/12 Pending -- -- --
01/13/2012 01/13/12 For Sale $99,900 -- $66 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

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 $8,906 $435,174 $335,830 $99,344
2023 $8,216 $454,119 $300,000 $154,119
2022 $10,401 $526,645 $300,000 $226,645
2021 $6,670 $306,431 $150,000 $156,431
2020 $6,244 $291,094 $150,000 $141,094
2018 $4,746 $214,350 $150,000 $64,350
2017 $4,674 $209,603 $100,000 $109,603
2016 $2,802 $125,650 $60,000 $65,650
2015 $2,736 $114,955 $40,000 $74,955
2014 $2,736 $114,955 $40,000 $74,955
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 9599379

Unlock MLS (Austin Board of REALTORS®)

APN: 190184

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